Author: NBTC
Ethereum recently demonstrated a significant trading pattern on the charts, reflecting both investor caution and bullish potential. After taking liquidity below a key level, Ethereum’s price action surged, breaking through the resistance area near $2,650, and rapidly approaching a crucial zone around $3,200. The chart reveals a potential resistance zone set between $3,146.95 and $3,210.05, which traders are closely monitoring. – Advertisement – If Ethereum manages to sustain its momentum and decisively break above $3,200, the path could be clear for an advance towards the $3,700 mark. This price point represents a significant resistance area, potentially indicating the upper boundary…
Jim Rogers warns Trump’s “America First” trade policies could ignite the “biggest recession ever,” fueled by spiraling U.S. debt, inflation, and trade restrictions. Jim Rogers Warns ‘America First’ Approach Will Trigger Worldwide Economic Turmoil Renowned investor Jim Rogers, who co-founded the Quantum Fund with George Soros, issued a stark critique of the economic fallout tied to U.S. trade policies under President-elect Donald Trump’s “America First” strategy. Speaking with The Financial Chronicle last week, Rogers argued that trade restrictions aimed at nations such as China and India harm not only global economic stability but also the United States itself. He cautioned:…
A new debate has erupted in the cryptocurrency industry over the costs associated with listing tokens on major centralized exchanges (CEXs). The issue gained further importance after Moonrock Capital CEO Simon made striking claims regarding a top-tier project’s attempt to list on Binance. According to Simon, the project, which raised around nine figures in funding, was asked to provide 15% of the total token supply in exchange for listing. Simon Claims Listing Fees Asked by Exchanges Cause New Altcoins to Fall “After over a year of due diligence with Binance, they finally received a listing offer. Binance wanted 15% of…
DigiThree Labs, part of DigiCorp Labs, has been certified as an Independent Software Vendor (ISV) for Hitachi Vantara. This certification recognizes DigiThree Labs’ expertise in developing software that seamlessly integrates with Hitachi’s systems, allowing them to offer specialized, value-added solutions to Hitachi’s customers. This partnership marks a significant step toward the mainstream adoption of blockchain and Web3 technologies. By combining DigiCorp Labs’ blockchain innovations with Hitachi’s enterprise storage solutions, both companies aim to address critical challenges related to data security, compliance, and governance. Through this strategic collaboration, DigiThree Labs will deliver integrated solutions designed to enhance the Hitachi Content Platform…
According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin’s earliest days has been reactivated, resulting in an enormous gain of 169,358,650%. This address, which contains 50 BTC and is currently worth almost $3,387,175, was activated after being dormant for 14.3 years. Back in 2010, these 50 BTC were worth only $2. Whale Alert reports that a dormant address containing 50 BTC worth $3,387,175 has just been activated after 14.3 years (worth 2 USD in 2010). 💤 A dormant address containing 50 #BTC (3,387,175 USD) has just been activated after 14.3 years (worth 2 USD in 2010)!https://t.co/HWGBYNbQWd —…
Ethereum began November with a remarkable 40% rally, but sustaining the momentum has proven challenging for the altcoin king. As the price stabilizes above $3,000, a significant boost from institutional interest might help reignite Ethereum’s bullish trend. Ethereum ETFs are at the center of this resurgence, recording historic inflows. Ethereum Has the Institutions’ Support Over the past week, Ethereum ETFs experienced their largest weekly inflows since launch. BlackRock led the surge with a staggering $286 million, while the combined inflows across all ETFs reached $550 million. This influx reflects growing institutional confidence, driven by Ethereum’s price recovery and Bitcoin’s recent…
LunarCrush’s Galaxy Score has revealed the top 10 cryptocurrencies for November 2, 2024, spotlighting assets that show strong social and market engagement. This ranking system evaluates assets on their social performance, to help investors gain insights into potential market movers. TOP 10 COINS BY LUNARCRUSH GALAXY SCORE$BTC $GNO $SOL $ETH $YFI $TAO $BNB $DXD $XIN $YFII pic.twitter.com/rhwxUbeGAS — PHOENIX – Crypto News & Analytics (@pnxgrp) November 2, 2024 The current ranking places Bitcoin ($BTC), Gnosis($GNO), Solana($SOL), Ethereum($ETH), Yearn.Finance($YFI), Binance Coin($BNB), DXdao($DXD) Mixin($XIN) and DFI.Money($YFII) is at the forefront, showing increased activity and market interest. Bitcoin ($BTC) and Gnosis ($GNO) Lead…
The launch of the Ethereum-compatible Layer 1 blockchain, Monad, marks a significant advancement in scalability and transaction efficiency for the crypto ecosystem. With its new testnet now rolling out, Monad aims to challenge Ethereum’s framework by achieving an ambitious throughput of up to 10,000 transactions per second. “I made a tx, it was fast,” tweeted renowned crypto trader Jordan Fish, known as Cobie, confirming his experience on the Monad testnet to COINOTAG. Monad’s testnet rollout showcases its potential to enhance Ethereum’s capabilities, promising up to 10,000 TPS in an innovative, EVM-compatible blockchain environment. Monad’s Testnet Rollout: A Leap Towards High-Throughput…
Bitcoin is forming a cup and handle pattern, indicating potential for a significant price breakout. The next key resistance level to watch is the neckline at around $72,000. A successful breakout above the neckline could trigger a steep upward price movement. The Bitcoin price is hinting at a significant rally through one of the most recognizable patterns – cup and handle. This bearish technical pattern is known as determining potential large upward movement in price once key levels are crossed. Bitcoin price formation explainable in the context of this formation structure is at the final stage as can be seen…
In a social media post on the X social media network, SBI Holdings CEO Yoshitaka Kitao stated that Ripple, one of the leading enterprise blockchain companies, should start preparing for an initial public offering (IPO) “as soon as possible” after the SEC matter gets resolved. In early October, the SEC filed a notice of appeal in the Ripple case, extending its prolonged legal battle with the company. However, likely, the regulatory cloud will no longer be hanging over Ripple. Various legal analysts predict that the appeal will be shelved by the SEC following the seemingly imminent changing of the guard…