Author: NBTC

Bitcoin’s long-term holders are HODL-ing, while short-term holders are making profits. This reflects a consolidation of BTC’s price. According to CryptoQuant, Bitcoin’s (BTC) current market cycle is turning out to be interesting as it throws light on the behaviors of long-term holders and short-term holders. Both groups are important in influencing the asset’s further price movement, and their activities frequently mirror the sentiment of the market. You might also like: 12 crypto startups in Japan to know in 2024 Long-term Holders Are Holding On: The data also indicates that long-term BTC holders are maintaining low activity levels, as displayed by…

XRP is up 92% in the last seven days, and meme coins on the XRP Ledger (XRPL) network are experiencing even larger percentage gains as the ecosystem attracts users from other blockchains. The charge is led by an 18-month-old meme coin, ARMY—a reference to the so-called XRP Army of enthusiastic investors and supporters—which jumped from less than a $1 million market cap on November 26 to more than $90 million on Sunday, though it has since dipped to about $47 million as of this writing. The massive move has marked significant gains for early ARMY traders, one of which has…

With $7 billion inflows into the cryptocurrency market in a single day, Bitcoin’s quest to reach the $100,000 milestone has accelerated. This inflow suggests increased interest from both institutional and individual investors, which could pave the way for Bitcoin to break through the psychologically important price threshold. According to the most recent network flow chart, the Bitcoin network has been experiencing a lot of activity. Increased buying pressure, which frequently coincides with price increases, is indicated by spikes in inflows. When such large quantities reach the market, they typically serve as catalysts for price increases. Sustained momentum, however, will rely…

Ripple ($XRP) has made history by achieving a market value of $2.49, marking its highest price since January 8, 2018. This remarkable surge comes after nearly seven years, fueled by intense activity in the cryptocurrency market and major $XRP accumulation. Whales and retail investors have collectively contributed to XRP’s meteoric rise. They all showcase significant interest and confidence in the token. 🚀 XRP has skyrocketed to an astounding $2.49 market value for the first time since January 8, 2018. The 6-year (nearly 7-year) high comes as wallets with 1M-10M XRP have accumulated 679.1M tokens (currently worth $1.66B) in just 3…

Peter Brandt, a skilled commodities trading expert has issued comment on a tweet about the important historic price peak reached by Bitcoin back in 2017. An X user tweeted that Brandt was the only one who was able to predict that crucial for Bitcoin record peak correctly. Brandt responded that that all-time high was “of the easiest tops in history to call in real time.” The Bitcoin top in Dec 2017 was one of the easiest tops in history to call in real time https://t.co/gM4xr4FXUi — Peter Brandt (@PeterLBrandt) November 25, 2024 Bitcoin keeps hitting new ATHs, nearing $100,000 Over…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. stUSDT solidifies its position in DeFi with groundbreaking RWA integration, $58.6m in rewards, and record ecosystem growth in 2024. Table of Contents Key metrics Product upgrades Ecosystem growth Integration Community events Conclusion stUSDT is the first rebasing real-world asset (RWA) stable yield protocol on the TRON and Ethereum networks. Spearheading attempts to narrow the gap between retail and institutional investors, stUSDT looks back on a strong operational and financial year. The achievements of the year were driven by intuitive…

Cardano’s DeFi ecosystem is hitting new heights, with its total value locked (TVL) nearing an all-time high of $700 million. DeFillama data shows that the blockchain network is riding the current bullish market sentiment by adding over $400 million to reach $680 million as of press time. This number marks a massive turnaround for the blockchain network, which saw its TVL drop to as low as around $50 million in November 2022 following FTX’s shock collapse. TVL is often seen as a barometer for the health and trust of a DeFi ecosystem. The metric reflects a blockchain network’s growing appeal…

Hunter Horsley, founder and CEO of Bitwise asset management firm, told CNBC that it is still early for investors and Bitcoin has a lot of room to run. According to the executive, the asset is greatly undervalued based on the interests it has received from institutions recently. The CEO emphasized that 2024 marks the end of an early chapter and the beginning of a mainstream chapter. According to Hunter Horsley, investors now view Bitcoin as an asset class that has matured enough to have the regulatory clarity needed to drive investments. Bitwise CEO Hunter Horsley says Bitcoin is experiencing strong…

Cardano has strengthened its decentralized finance (DeFi) ecosystem by partnering with BitcoinOS through the Grail Bridge. This collaboration introduces secure Bitcoin bridging and unlocks liquidity for Cardano’s DeFi initiatives. Cardano will be one of the first L1s to experience hyper-secure, decentralized bridging to Bitcoin.BOS Grail vaults will allow YOU ALONE to protect your BTC using cryptographic verification. No existing Bitcoin bridge can claim this. We’re only a few months away. 🔵🙌 pic.twitter.com/0WSqVRY6Ce — BitcoinOS (@BTC_OS) January 7, 2025 Additionally, this integration makes Cardano one of the first Layer-1 blockchains to implement decentralized Bitcoin bridging via BitcoinOS Grail Vaults, setting a…

Bitcoin (BTC) could be back on track to hit the $100,000 record high, with technical indicators supporting this push. This comes as market euphoria surrounding the maiden cryptocurrency’s six-figure milestone appeared to falter when the asset pulled back just below the $99,000 mark. Now, Bitcoin’s super trend indicator, meant to identify potential reversals and trend directions, has flipped bullish on the asset’s one-hour chart, hinting at a possible rally toward $100,000, according to an outlook shared by trading expert Ali Martinez in an X post on November 25. Adding to the bullish sentiment, Martinez noted that Bitcoin’s Relative Strength Index…