Author: NBTC

Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to rally beyond its current range and begin a new upward leg. Despite lingering global tensions, markets are responding positively to growing speculation that a trade deal between the US and China may soon be finalized, offering a temporary boost to risk assets across the board. Ethereum’s recent strength comes at a critical moment, as price approaches the upper boundary of its current ascending channel. Top analyst M-log1 shared a technical…

Dubai’s Prypco Mint reported that it fully funded the first tokenized property in less than 24 hours with 224 investors from over 40 nationalities in less than 24 hours. The announcement came after the recent launch of Prypco Mint, the first licensed real estate tokenization platform in partnership with Dubai Land Department, Dubai’s regulatory authority and powered by Ctrl Alt blockchain. RWA initiative drew in diverse interest Dr. Mahmoud Al Buraj, senior director of real estate policies and innovation at the land department noted on LinkedIn: “Dubai is issuing first ever property token ownership certificate that no other city or…

Key Insights: Binance announced the listing of Puffer and Port3 Network perpetual contracts with 50x leverage as Puffer price jumped. PUFFER and PORT3 prices saw double-digit gains after the announcement, with PUFFER saw a 25% gain. The world’s largest crypto exchange Binance on Tuesday said it will list Puffer and Port3 Network perpetual contracts. As a result, PUFFER price jumped 25% and PORT3 rose over 12%, sparking speculation in the community for further price rise. Puffer is a decentralized platform focused on enhancing Ethereum’s scalability and security through liquid restaking and rollup solutions. Port3 Network is an AI data layer…

MANHATTAN — U.S. President Donald Trump again touted his crypto bona fides at a conference Thursday, telling an audience it was an “honor” to be considered a crypto president. Speaking in a 90-second recorded video at Coinbase’s (COIN) State of Crypto Summit (no relation to the CoinDesk newsletter with the same name), Trump reiterated comments he’s made at other events about ending his predecessor’s so-called war on crypto and forming a working group to examine digital assets. Trump also referenced legislation working its way through Congress. “My administration is working with governors to pass the GENIUS Act supporting the creation…

Avalanche massively multiplayer online role-playing game (MMORPG) MapleStory N has been inundated with bots and hackers since its massive launch in May. Keith Kim, head of strategy at developer Nexpace—the blockchain arm of gaming giant Nexon—told Decrypt this week that thousands of accounts are being banned every day to maintain the game’s integrity for legitimate players. Hackers, glitchers, attackers, and exploiters are common in every kind of video game—we’ve lived through the Call of Duty hacked lobby trenches. However, the stakes are notably higher in crypto games. Some MapleStory N players have reported lobbies being filled with bots auto-farming, while…

Big news from South Korea! Kbank, the innovative neobank that serves as the crucial banking partner for the nation’s leading crypto exchange, Upbit, has officially joined the Open Blockchain & Decentralized Identifier Association (OBDIA). This move signals a growing interest from traditional financial institutions in the burgeoning world of blockchain technology and its potential applications, particularly concerning stablecoin regulation Korea. What is the Open Blockchain & Decentralized Identifier Association (OBDIA)? Founded in 2018 with backing from the Ministry of Science and ICT, OBDIA is a non-profit organization dedicated to fostering blockchain development Korea. Its mission revolves around exploring and promoting…

Bitcoin has entered a corrective phase after tagging the $111K region, following a strong multi-week rally. While momentum has cooled, the broader structure remains intact. The price action is showing signs of potential accumulation at support, and traders are watching closely to see if this pullback turns into a deeper correction or a fresh leg up. Technical Analysis By ShayanMarkets The Daily Chart On the daily timeframe, BTC is currently holding above the $103K region after sweeping the $101K sell-side liquidity. The previous bullish structure is still valid, and the price is likely targeting the mid-range of the ascending channel.…

In a move highlighting significant activity within the Ethereum ecosystem, a crypto wallet reportedly associated with blockchain technology firm Consensys has completed a substantial acquisition. This wallet purchased a considerable amount of ETH, specifically 17,864 Ether tokens, valued at approximately $49.6 million at the time of the transactions. The acquisition occurred within a 24-hour period and was facilitated through Galaxy Digital‘s over-the-counter (OTC) desk, according to on-chain data shared by analytics firm The Data Nerd on X. Understanding the Consensys Connection and Wallet Activity While the report links the wallet to Consensys, it is important to note that large organizations…

Cryptocurrency use in Venezuela has experienced significant growth in recent years. Key Points Cryptocurrency use in Venezuela grew by 110% in the second quarter of 2024, driven by the search for economic stability and easier access to remittances. Factors such as hyperinflation, capital controls, and sanctions have led Venezuelans to prefer cryptocurrencies to protect their assets and receive money from abroad. The main challenges for the crypto market in Venezuela include a lack of clear regulation, limited technological infrastructure, and the presence of fraud that affects trust. According to Chainalysis data, in the second quarter of 2024, the country’s cryptocurrency…

Rocket Pool price has surged 29% in the past 24 hours to break above $6, with this coming amid a 150% spike in open interest. As several altcoins rose alongside Ethereum (ETH), holders of the native token of decentralized Etherum staking protocol Rocket Pool (RPL) witnessed an impressive 29% price increase. The 24-hour gains extended the uptick from support below $5 for RPL. Notably, the liquid staking protocol’s gains came with a massive 800% increase in daily trading volume. Data from Coinglass also showed Rocket Pool commanding a 150% jump in open interest. OI is a metric analysts use to…