Author: NBTC
Bitcoin climbed above $64,000, with other major cryptocurrencies like ether and Solana’s SOL also gaining, although XRP and BNB remained unchanged. Over $100 million in short positions were liquidated due to the price jump. Memecoins like Mog and SPX6900 saw significant gains amidst discussions of a crypto “supercycle.” Broader market sentiment leaned towards buying due to positive economic indicators from both China and the U.S., with U.S. equities reaching new highs. Bitcoin (BTC) jumped above $64,000 in Asian hours Monday on the back of renewed hopes of a China stimulus and increased demand in certain bitcoin-based assets, leading a crypto…
The price of $SPX has escalated by an astonishing 1,823% over the past month. This rapid increase has caught the attention of investors and market analysts and marked a significant shift in the digital asset landscape. The $SPX (@spx6900) price has skyrocketed by 1,823% in just one month!Note that the top 10 #SPX6900-holding entities currently hold 171.55M $SPX ($144M), or 18.4% of the circulating supply, across 32 wallets. Together, they have a massive unrealized profit of $140.9M, most of… pic.twitter.com/ekgovoNXGz — Spot On Chain (@spotonchain) October 21, 2024 Recent data highlights that the top 10 entities holding $SPX control a…
Launched back in April 2023, Pepe took only a short time to become one of the most popular meme coins in the world of crypto and one of the top ones alongside the likes of Doge, Shib, and others. At the time of writing, Pepe sits at the 30th rank among thousands of cryptocurrencies in terms of market capitalization. However, additional info is needed for any investor to make an informed buying or selling decision. Meme coins have different supply dynamics that include token burns, which can impact price trends and also the future of the meme coin. In this…
Santiment, one of the most well-known analysis companies in the cryptocurrency world, published a list of artificial intelligence cryptocurrency projects that developers focus on the most in its latest post. The list, which consists of data from the last month, also includes radical changes compared to the previous list. Santiment created this list based on developer activity on the Github pages of the cryptocurrencies in question, many of which are open source projects. Here are the AI altcoin projects that cryptocurrency developers focus on the most, along with analysts’ published developer scores: Near Protocol (NEAR) -113.3 Oasis Network (ROSE) –…
A top crypto strategist known for making timely Bitcoin calls is outlining a price level where he thinks BTC’s eight-month consolidation could come to a close. Pseudonymous analyst DonAlt tells his 589,100 followers on the social media platform X that he believes Bitcoin will gather more bullish momentum if it clears a crucial resistance area. The trader also notes that it would be healthy for BTC to retest its immediate support before moving higher. “>$65,000 and I’d wager we’ve finally escaped the endless chop<$58,000 and sadness awaits>$61,700 is a good first step towards $65,000 being broken I’m hopeful we’ll go…
Bitcoin price spiked by 2.47% in the last 24 hours, trading at $64.3K. BTC transaction fees have surged by over 32%. The cryptocurrency market is attempting to recover from the downside trajectory. Overall market cap has reached $2.24 trillion within the past 24 hours. The recent price momentum of Bitcoin (BTC) suggests the brief possibility of further gains. After dipping below the major support levels, BTC has moderately rebounded in the past few days. Notably, over the past 24 hours, the asset has gained 2.47%. The asset plunged to $62,035 and eventually reached a peak of $64,464. During this timeframe,…
The past few months have seen an unusual number of ancient Bitcoin (BTC) whales come back to life after years of dormancy. The new week in the crypto market has started with yet another one emerging from the crypt. Thanks to a report from Whale Alert, dormant address “1PNRpMZ” containing 18 BTC has been activated after almost 11 years. The early Bitcoin investor, who was last active in November 2013, has transferred part of their coins to two other new addresses “3EgCi” and “15UaJb.” These may be test transactions, and the choice of address type is interesting, as usually such…
The future of the crypto market may be dictated by considerable token unlocks planned to start on October 21, 2024. These events will unlock many tokens through prominent projects, including the Guild of Guardians, Moonwell, Ronin, and Yield Guild. Token unlocking can have a potential market effect on liquidity and cause price fluctuations. MAJOR UPCOMING TOKEN UNLOCKS #GuildofGuardians $GOG #UNKJD $MBS #SpaceID $ID #zkLink $ZKL #Moonwell $WELL #Blocklords $LRDS #Radworks $RAD #YieldGuild $YGG #Ronin $RON pic.twitter.com/LVQycf0Ovd — PHOENIX – Crypto News & Analytics (@pnxgrp) October 21, 2024 Understanding Token Unlocks and Market Dynamics Token unlocking is when tokens previously locked…
Two crypto-friendly women are being considered to lead the Commodity Futures Trading Commission (CFTC), according to a report from Fox Business. President-elect Donald Trump, according to Fox, is considering appointing either Perianne Boring or Caroline Pham – who both have pro-crypto credentials – to lead the Commodity Futures Trading Commission (CFTC), which under a Trump administration, could be the go-to digital assets regulator. Recently, Boring has been a staunch defender of the bitcoin mining industry against what she calls “regulatory overreach.” In a recent CoinDesk op-ed she took aim at the Department of Energy’s data collection process, which she accuses…
PoP Planet has announced a game-changing partnership with DO Network, GPTVerse, FMCPAY, and Nexi Chain. This advancement marks a major milestone in the Web3 ecosystem. This collaboration is set to supercharge PoPP Dapp 3.0. It provides a robust, high-performance platform designed to accelerate decentralized applications (dApps). 🚀 Partnership Announcement 🚀We’re thrilled to announce our collaboration with @Donetwork_club, @gpt_verse, @FMCPay, and @nexichain! 🌊PoPP Dapp 3.0 is Now Live!👉https://t.co/WwYXl7Ww0L⭐ @Donetwork_club is a decentralized network with ultra-high performance.➡️ Learn… pic.twitter.com/ouYOmpuA8t — PoP Planet (@Hi_PoPPOfficial) December 4, 2024 With these integrations, PoP Planet is poised to offer users an unparalleled experience in scalability, security,…