Author: NBTC
Recent data from CryptoQuant indicates that Bitcoin’s buy walls have attained massive strength across all exchanges. These buy walls are now sufficient to counteract the sell pressure, as the market looks to recover. This suggests that there is robust demand for Bitcoin (BTC), enough to absorb the selling volume that could otherwise continue to push prices down. #Bitcoin buy walls on all exchanges are now strong enough to neutralize sell walls. pic.twitter.com/GOgHBt4MiC — Ki Young Ju (@ki_young_ju) October 14, 2024 The chart, covering the period from early 2023 to mid-October 2024, shows that while Bitcoin faced intense sell pressure over…
Famous crypto pundit Ben “BitBoy” Armstrong has boldly asserted that XRP will overtake Ethereum to become the second most prominent crypto asset after Bitcoin. BitBoy conveyed this perspective in his latest commentary on XRP and Ethereum, which he shared on X on Monday. In his view, XRP’s path to overtaking ETH will occur when its value ascends astronomically to between $16 and $22. Why BitBoy Thinks XRP Will Surpass ETH as the Number 2 Coin Armstrong pointed out that over the years, there has been debate over which Layer-1 token will flip Ethereum by 2025. He expressed confidence that the…
President-elect Donald Trump named Patomak Global Partners founder and CEO Paul Atkins as his pick to head up the U.S. Securities and Exchange Commission on Wednesday. Atkins, who co-chairs the Digital Chamber’s Token Alliance and is an adviser to Reserve Rights, previously served as a commissioner at the agency under former President George W. Bush between 2002 and 2008. The former regulator visited Mar-a-Lago, Trump’s Florida resort, earlier this week but was initially reluctant to take on the role, CoinDesk reported Tuesday. In his announcement, Trump called Atkins a “proven leader.” “He believes in the promise of robust, innovative capital…
Bybit CEO Ben Zhou said that mainland Chinese users can use a virtual private network to trade crypto on the platform, though it will not support yuan trading any time soon. According to a report by South China Morning Post, co-founder and CEO Ben Zhou announced in a media briefing on Dec. 3 that the platform has no intentions of accepting China’s local currency. Though, he said Chinese citizens can access the platform to trade overseas or through VPN. “What the Chinese government dislikes the most about crypto is that it can facilitate capital outflow. So we won’t touch this…
Toronto, Canada – Andromeda, the innovative Web3 operating system, has announced a strategic partnership with Deep3 Labs to bring cutting-edge AI models to its decentralized platform. This collaboration will empower developers to enhance functionality, security, and user experience in Web3 applications by seamlessly integrating advanced AI-driven tools into AndromedaOS (aOS).—AI-Powered Solutions for Web3 DevelopersDeep3 Labs is known for its expertise in AI and machine learning, offering a suite of products designed to optimize Web3 applications. Notable models include HODL-C1 and StakeSage-C for advertising and decision optimization, DeepShield for real-time security threat detection, and CLUSTR-1 for advanced trading analytics. These models…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.24% today against the US Dollar Bitcoin is currently trading 11.93% below our prediction on Oct 19, 2024 Bitcoin gained 7.98% in the last month and is up 141.01% since 1 year ago BTC price is expected to rise by 17.74% in…
A smart whale recently sold 22,726 $SOL, worth approximately $3.86 million, at a price peak, according to Lookonchain. This smart investor has a history of buying Solana ($SOL) at lower prices and selling during market highs. It shows a clear strategy of capitalizing on price fluctuations. A smart whale sold 22,726 $SOL($3.86M) at a price peak 3 hours ago.This smart money always buys $SOL at low prices and sells at highs. He currently holds 20,000 $SOL($3.33M), with a total profit of over $2.5M!https://t.co/e3Pgb1aMQq pic.twitter.com/n3AbKFpf24 — Lookonchain (@lookonchain) October 21, 2024 Smart Whale Profits Over $2.5M from Solana Trades It happened…
Brad Garlinghouse, CEO of Ripple, expressed strong support for President-elect Donald Trump’s nomination of Paul S. Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC). In a post on X, Garlinghouse called Atkins “an outstanding choice” and praised his potential to reshape the agency’s approach to digital assets. Ripple CEO Reacts to Trump’s SEC Chair Pick “Atkins at the helm of the SEC will bring common sense back to the agency,” Ripple‘s Garlinghouse wrote. He added, “Along with Hester Peirce and Mark Uyeda, it’s time to swiftly and definitively end the prohibition era on crypto, restoring…
PEPE coin surged over 7% after Binance.US, the American subsidiary of the leading crypto exchange Binance, revealed that it will list the popular meme coin on its platform, CoinGecko data shows. PEPE traded at approximately $0.000022 at press time, showing a 11% increase over 24 hours, with a market cap of $8.8 billion. According to Binance.US’s announcement, deposits for PEPE are now open, and trading for the PEPE/USDT pair will start on December 5, 2024, at 6 AM EST. PEPE will join Binance.US’s growing list of meme-inspired investment offerings. The exchange currently supports major tokens like DOGE, SHIB, and BONK.…
Jeju, South Korea’s special self-governing province, has announced plans to implement digital payments for cross-border transactions. The province included the digital payments initiative in its “Jeju AI and Digital Transformation Roadmap.” According to a recent announcement, the roadmap aims to revolutionize Jeju into a cashless international city. Under the new plan, Jeju will enable digital asset-based cross-border payments with neighboring countries like China and Japan. The system will allow digital assets, including Bitcoin, to convert into Jeju’s regional currency for local use, streamlining transactions. It is important to note that the recent proposal is one of Jeju’s numerous pro-cryptocurrency activities,…