Author: NBTC

Ethereum’s price has pulled back in recent days as some whales continue to sell their tokens. Ethereum (ETH) retreated to $3,058 on Monday, Nov. 18, from this month’s high of $3,445. This retreat means that it has moved into a local technical correction after falling by 11% from its highest level this month. Ethereum’s price action happened as some whales continued selling their coins. Data by LlamaFeed shows that whales have moved ETH tokens worth over $300 million in the last 24 hours. The biggest whale movement moved 50,000 ETH tokens valued at over $153 million to Kraken and paid…

From memecoins to accusations of Polymarket manipulation to Michael Saylor’s bizarre custodial comments, last week in crypto was certainly exciting. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Memecoins, Market Manipulation, and More This week I saw yet another sign of the power of memecoins. I listened to several podcasts with many serious traders and builders talk in excited tones about this or that memecoin. It appears memecoins have the ability to make children out of even the most serious of us.…

In a significant move that has attracted market attention, Binance, a prominent cryptocurrency exchange, announced the removal of select BTC trading pairs from its platform. Scheduled to take effect on November 27, this decision has led to a notable decline in the prices of affected cryptocurrencies, prompting users to reassess their asset management strategies. Contents hide 1 What Trading Pairs Will Be Affected? 2 How Are Prices Reacting to Changes? What Trading Pairs Will Be Affected? On November 20, Binance disclosed its plan to eliminate specific cross-margin trading pairs, including C98/BTC and IDEX/BTC, starting at 06:00 UTC on the 27th.…

Bitcoin options traders are bracing for a potential price rally following the US presidential election on November 5, according to Arbelos Markets CEO Joshua Lim. Lim noted that there was a noticeable increase in traders buying call options expiring after the election, particularly in the $70,000 to $80,000 strike price range. “It was a combination of systematic month-end selling by yield seekers and a ‘sharpening’ trend to sell pre-election options and buy cheaper post-election calls,” Lim said. The strategy suggests traders are expecting an upside breakout for bitcoin despite the current uncertainty in global markets. “I see an increase in…

Ethereum (ETH) price has lagged behind other major assets this year, with a 30% year-to-date increase compared to Bitcoin’s 102% and Solana’s 118% gains. However, recent metrics suggest that ETH may be gearing up for a stronger performance. Whale accumulation is picking up again, and key indicators like the 7-day MVRV ratio and EMA alignments are signaling a potential bullish phase. ETH 7D MVRV Is at An Important Threshold Ethereum’s 7-day MVRV ratio currently sits at -3%, suggesting that short-term holders are at a slight unrealized loss on average. This metric often indicates whether an asset is undervalued or overvalued…

Investigative group TruthLabs claims MrBeast sent funds to wallets tied to Zachary Testa, the controversial PEPE token founder, raising questions about hidden connections and crypto transparency. Things seems t be getting bad to worse for YouTube star MrBeast (Jimmy Donaldson). He is now facing allegations of financial ties to Zachary Testa, the alleged founder of the PEPE token. TruthLabs, a crypto forensics group, has put forward claims that MrBeast may have indirectly funded Testa through Ethereum transactions, sparking serious questions about the ethical boundaries of celebrity endorsements and investments in the volatile crypto market. A tweet from TruthLabs’ Twitter account,…

OKX, one of the leading cryptocurrency exchanges, has announced the upcoming launch of USDT margined perpetual swap, margin trading, and Simple Earn services for three new tokens: DEGEN, SLERF, and ARKM. OKX to Offer Perpetual Swaps, Margin Trading and Simple Earnings for DEGEN, SLERF and ARKM Tokens These services will be available via web, app and API interfaces starting November 21, 2024, providing users with advanced trading options. Key Launch Details Perpetual Swap Trading OKX will offer perpetual swaps for the following trading pairs: DEGENUSDT: Starting at 11:00 SLERFUSDT: Starts at 11:15 ARKMUSDT: Starting at 11:30 Funding Fee Details: To…

Flickplay, an NFT interactive character platform, has teamed with Bandai Namco Entertainment—one of its investors—to launch a Pokémon Go-style scavenger hunt to celebrate the 45th anniversary of classic arcade game, Pac-Man. Set to debut in February 2025, the partnership will begin with the release of two series of exclusive Pac-Man digital collectible “toys.” One series will only be available to those in the Japanese neighborhood where Pac-Man was first seen in 1980, Shibuya. Flickplay is a platform full of character NFTs that can be imported into games. For example, the platform launched a Bratz Dolls collection earlier this year. These…

Ethereum’s price is holding steady in a key zone today, trading between $3,056 to $3,083 over the past hour. With a mix of neutral oscillators and mostly optimistic moving averages, the market sentiment seems divided, giving traders an essential moment to evaluate strategies across various timeframes. Ethereum Recently, ethereum (ETH) encountered a dip, finding support at $3,044.5 and resistance at $3,163. Selling activity picked up noticeably, fueling bearish vibes. A bearish engulfing candle around $3,080 hints at short-term selling pressure. However, traders might spot a temporary buying opportunity if the price bounces off $3,044.5 and forms bullish candlestick patterns. Entering…

Toronto, Canada – Northstake A/S, a regulated digital asset service provider, is transforming institutional ETH staking with its ETH Validator Marketplace. The platform has secured 3iQ Corp, a Canadian investment fund manager, as its newest market maker, staking 80% of its assets and showcasing the potential for spot ETFs to evolve into total return ETFs. (Cover photo: Jesper Johansen, CEO of Northstake)—Solving Liquidity ChallengesNorthstake’s marketplace addresses one of the industry’s biggest challenges: liquidity for ETH validators. By enabling institutional clients to trade ETH validator nodes quickly and at competitive liquidity premiums, the platform eliminates the inefficiencies often associated with liquid…