Author: NBTC

Bitcoin price is attempting a recovery wave above the $98,000 zone. BTC is rising and now struggles to settle above the $100,000 zone. Bitcoin started a recovery wave above the $98,000 zone. The price is trading above $98,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Tests Hurdles At $100K Bitcoin price started a short-term recovery wave above the $95,000 zone.…

The NFT market continues to evolve, with numerous projects emerging to capture the interest of collectors, investors, and creators. Social activity has become a key indicator of the most prominent NFT projects, and recent data reveals a clear picture of which tokens are driving the most engagement in the space. TOP #NFT PROJECTS BY SOCIAL ACTIVITY$PENGU $ICP $RENDER $FLOKI $FET $VRA $XTZ $APE $ME $MANA pic.twitter.com/EQUSYTxg36 — PHOENIX – Crypto News & Analytics (@pnxgrp) January 25, 2025 According to recent data from Phoenix Group and LunarCrush, the NFT market is seeing high levels of interaction from several projects, with notable…

OKX Ventures, The Open Platform, and Folius Ventures launch a $10 million Telegram growth hub. A first batch of seven projects, selected for this program, will get acceleration services and guidance for two months. OKX Ventures, The Open Platform, and Folius Ventures jointly launched a $10 million Telegram growth hub to bring the large user base of the social media platform into the Web3 space. As per the latest update from the OKX, they selected the first batch of projects for this program to offer acceleration services and guidance. Excited to announce the first cohort of the @telegram Growth Hub…

NEAR Protocol boosts blockchain scalability with Nightshade, achieving 100K TPS and 1-second block finality. Render Network decentralizes GPU power for 3D rendering, machine learning, and AI, enabling cost-efficient scalability. DeXe Protocol transforms DAO governance with equitable growth, powered by DEXE tokens and strategic partnerships. NEAR Protocol, Render Network, and DeXe Protocol are making waves in the AI and crypto landscape. These innovative projects are pushing boundaries in blockchain scalability, decentralized GPU computing, and DAO governance, positioning themselves as top AI coins to watch. NEAR Protocol(NEAR) Enhances Blockchain Scalability and Usability Source: Coinmarketcap NEAR Protocol operates as a layer-one blockchain that…

Bitcoin shows bullish potential after rebounding from $91,070, eyeing resistance at $101,165. Key moves ahead. Support at $91,070 remains crucial, with RSI showing strength. Bitcoin’s next move depends on overcoming the $101,165 resistance. The market consolidates between key levels. Traders await Bitcoin’s breakout or pullback at the $91,070 and $101,165 zones. As Bitcoin consolidates close to crucial resistance, its price behavior suggests a possible breakout. Bitcoin is currently trading at $96,654.85, indicating positive momentum after rising from $91,070.40. This crucial move sets the stage for a test of the resistance level of $101,165.33 and indicates buyer interest close to vital…

Galaxy CEO Mike Novogratz has opined that artificial intelligence is “the new arms race.” This comes after the recent announcement of The Stargate Project, the new company that is seemingly poised to become the biggest AI infrastructure project to date. OpenAI has teamed up with Softbank, Oracle, and UAE-based tech-focused investment company MGX in order to fund the venture, which has already managed to secure $100 billion. The joint venture has pledged a staggering $500 billion for AI infrastructure development in the US. The venture, which is currently dominating headlines in the mainstream media, has already been compared to the…

Ripple’s XRP has achieved a major milestone, surpassing Goldman Sachs to claim the 85th spot among global assets. With a market capitalization now at $191.67 billion, XRP is cementing its place among the Top 3 Cryptos by market value. Key Factors Driving XRP’s Growth Related: Why XRP Is the Market’s Focus After a 25% Jump XRP’s rise to a market capitalization of $191.67 billion, with a trading price of $3.19 at the time of writing, stems from several factors. Ripple’s partial legal win against the SEC has been a turning point, for sure, which provided greater clarity on XRP’s regulatory…

The chief research analyst at 10x Research, Markus Thielen, thinks Bitcoin has a bright future. If Thielen’s crystal ball is correct, the digital asset might potentially experience significant price swings on January 29, 2025, once it breaks out of its so-called “symmetrical triangle” formation. However, the path to this breakout is fraught with variables that could sway Bitcoin’s trajectory in any direction. Breaking Down The Technicals Bitcoin has been trading in a symmetrical triangular pattern for quite some time. These patterns typically signify consolidation, implying that the market is gearing up for a major move. Thielen sees this as a…

Kain Warwick, Synthetic founder, has bought 13,768.6 Hypertokens ($HYPE) worth $21.77 each, spending a total of $300,278 in the deal. He spent $300,278 of USDC on Arbitrum to purchase $HYPE tokens in Hyperliquid. When Warwick bought $HYPE tokens, it demonstrated increased demand for the token among users. Synthetix’s founder, Kain Warwick (@kaiynne) bridged 300K $USDC to #Hyperliquid ~2 hours ago, buying 13,768.6 $HYPE at $21.77 each!Meanwhile, the Hyperliquid Assistance Fund’s daily $HYPE purchase volume kept on surging over the past 2 days, reaching 392,130 $HYPE (~$8.24M) at… https://t.co/ivE0TIfP6I pic.twitter.com/aZwbw3R7Nv — Spot On Chain (@spotonchain) January 21, 2025 Daily $HYPE Purchases…

Bitcoin (BTC) has rebounded to trade above $99,000 following its significant dip earlier this week. While the latest US Consumer Price Index (CPI) news appears to have contributed to this quick recovery, it has also drawn attention from analysts, who are closely monitoring key metrics to understand the market’s next move. A CryptoQuant contributor known as Crypto Dan recently provided insights into Bitcoin’s current market behavior. Highlighting the Short-Term Spent Output Profit Ratio (SOPR), Dan observed that the metric has shown a recurring pattern during correction phases. This pattern, he noted, typically dampens market optimism before a subsequent rebound. Despite…