Author: NBTC
Ripple chief technology officer (CTO) David Schwartz has published a post that triggered the XRP’s community’s excited feedback in the comments. “Lock in,” Ripple CTO says Schwartz responded to a series of reposts, which all state one short phrase: “Lock in.” He also tweeted this short message, sparking interest within the crypto community. The XRP army reacted with a wave of bullish posts, basically posting similar messages in response, taking the Ripple CTO’s encouragement to “lock in” XRP to mean to “hodl” it for a long period without selling or securing more XRP purchases. Those comments were similar to this…
Bitcoin’s price is consolidating below the $100K milestone, as investors are still waiting to witness a six-figure BTC price. However, the asset fell hard today, and the question remains whether that target will be achieved soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart As the daily chart demonstrates, the asset has been breaking through several resistance levels over the past few weeks, paving its way toward the $100K mark. However, the price has yet to reach this level, as the market is moving sideways. With the $90K support level intact, investors could be hopeful that a bullish breakout…
Macro guru and Real Vision CEO Raoul Pal believes Ethereum (ETH) is gearing up for an explosive move. In a new YouTube strategy session, Pal says that the leading smart contract platform by volume is forming a bullish wedge pattern on its weekly chart, setting the top altcoin up for a breakout. “The weekly chart of Ethereum hasn’t yet broken out, but it’s very close. So whether we break out this month, which is my hunch, and then maybe retest in the January pullback from liquidity, or we pull back here for a bit and then explode through afterward, either…
Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery. A spike in sell volume during the decline suggests capitulation, while the weak recovery volume questions bullish strength. Immediate support rests at $94,700, with resistance at $96,500. Traders should wait for bullish confirmation, such as higher lows and increasing volume, before entering positions. Exits near $96,500 or a stop below $94,000 would mitigate…
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more than 91.55 million transactions, bringing in $8.71 billion per CryptoSlam. However, in 2024, the total transactions dropped significantly, only reaching 70.89 million. Nonetheless, an increase in unique buyers and sellers helped balance the scales, with the former totaling 7.5 million and the latter reaching 4…
Blockchain tracking platform Whale Alert, which traces down large cryptocurrency transfers, has detected the awakening of an ancient cryptocurrency whale that holds millions of dollars worth of Ethereum. The tweet specified that this wallet was a pre-mine address that returned to active life after 9.4 years and contained 1,940 ETH. Ethereum ICO participant comes back with huge profit Adding more details to this, the @lookonchain analytics account tweeted that this pre-mine whale was an Ethereum initial coin offering (ICO) participant who received his 1,940 ETH from the Ethereum Genesis block. Back in 2014, his Ethers cost $601, while now it…
Robinhood plans to launch options trading in the UK by 2025, backed by FCA approval and growing retail investor demand. The company is expanding to Asia with a Singapore headquarters to anchor its financial services for regional markets. Robinhood has been making waves in the financial industry, with big attempts to broaden its capabilities and global reach. Targeting a rising pool of regular investors ready to investigate complex trading products, the business intends to launch options trading in the UK in early 2025. This action marks a successful 2024 whereby Robinhood solidified its leadership in easily available financial services. The…
Crypto miner Marathon Digital mimics MicroStrategy’s playbook, announcing plans to raise fresh capital to fund its insatiable Bitcoin appetite. In a press release on Monday, the largest US crypto miner announced it will raise $700 million to increase its Bitcoin stash. The firm intends to raise the funds by offering convertible senior notes to entities “believed to be qualified institutional buyers” under the law. Notably, Marathon announced the convertible notes are unsecured, with investors obligated to reclaim them in 2031. Per the announcement, MARA reserves the right to offer investors an additional $105 million worth of convertible senior notes, totaling…
Grayscale’s ETHE leads Ethereum ETFs with $4.73 billion in assets despite reporting no daily inflows. Fidelity’s FETH dominates daily inflows with $82.96 million, marking significant trading activity within Ethereum ETFs. Ethereum ETFs collectively report $88.92 million daily inflows, with net assets totaling $12.12 billion. As of December 26, the SoSoValue data update reports that the daily total net inflow amounts to $88.92 million, with cumulative net inflow reaching $2.60 billion. The total value traded stands at $390.23 million, while total net assets for Ethereum ETFs are reported at $12.12 billion, representing 2.99% of Ethereum’s market capitalization. Grayscale’s ETHE Tops Assets,…
Altcoin JASMY continues showing bullish indicators igniting 10x pump potential. JASMY mirrors Bitcoin’s steady sideways movement hinting at $1 JASMY price arrival. Binance adds 350 million JASMY to its portfolio further showcasing JASMY’s success. Since Bitcoin (BTC) set its latest ATH at $103,900.47, altcoins have reacted bullishly. Some altcoins began to pump between 50% to 500% while some like SUI and ONDO went on to set new ATHs of their own. Many altcoins continue to show bullish indicators signaling major pumps ahead. JASMY HIts at 10x Price Pump and $1 Target Movement While BTC price slumped into a slow and…