Author: NBTC

In a recent development that has stirred the XRP community, over $21 million worth of XRP has been transferred to popular crypto exchange Binance. The two transactions, which were flagged by the crypto tracking service Whale Alert, have sparked speculation regarding the intentions behind the sizable movement of funds. According to Whale Alert’s tweets, the first transaction involved the transfer of 21.37 million XRP, equivalent to approximately $10.9 million at the time of the transfer, from an unknown wallet to Binance. Shortly after, another significant transfer was reported, with 21.34 million XRP, valued at around $10.9 million, moved to Binance…

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According to analysts at Bitfinex, Bitcoin and its recent activity on exchanges reflects a pattern reminiscent of December 2020, hinting at a possible growth phase. The exchange’s latest report highlights a significant decline in the supply of Bitcoin held by long-term investors on centralized exchanges, reaching its lowest levels in 18 months. This trend, coupled with the forthcoming halving event, suggests a scenario conducive to further price appreciation, as stated by the analysts. Potential Growth On The Horizon The Bitfinex Alpha report underscores the diminishing inactive supply of Bitcoin, particularly those assets stagnant for over a year. This reduction implies…

Is political pressure playing a role in the SEC’s consideration of spot Ether ETFs, and what implications does this have for the crypto community? Table of Contents What is happening, and what are the odds? Could Ethereum ETFs put up a fight for BTC ETFs? What to expect next? Ethereum (ETH) has been on a bullish run, trading around $3,760 as of May 22, marking a 28% increase over the past week. This surge is driven by speculation that the U.S. Securities and Exchange Commission (SEC) may approve the first spot Ether exchange-traded funds (ETFs) this week. In a surprising…

Jito, a liquid staking pool on the Solana blockchain, has recently announced a significant milestone. Its total value locked (TVL) has exceeded 10 million Solana (SOL). With Solana’s current price of $132.11, the number equals a staggering $1.32 billion. This development strengthens Jito’s position in the Solana ecosystem. It also indicates a growing interest in the protocol. Jito’s Restaking Venture Historically, Jito reached a higher TVL in fiat—approximately $1.86 billion—on April 1. However, it’s critical to recognize that these figures are subject to the fluctuating nature of cryptocurrency values. Should Solana revisit its peak of $208 witnessed earlier this year,…

The cryptocurrency market has undergone a substantial downturn, with many of the top 100 cryptocurrencies experiencing sharp price drops. Bitcoin, the leading digital asset, hit a low of $61,600 on Tuesday. However, industry experts suggest a potential rebound to higher highs may be on the horizon as the highly anticipated Halving event draws near. Adrian Zduńczyk, a crypto trader and technical analyst, provides valuable insights into the market dynamics, highlighting key factors such as bull market indicators, ETFs, and the imminent Halving event. Mixed Signals For BTC According to Zduńczyk’s analysis, the market exhibits bullish signs, with the 200-week and…

Closely followed economist Alex Krüger believes approval of a spot Ethereum (ETH) exchange-traded fund (ETF) could quickly send the top altcoin to new all-time highs (ATHs). In a new Unchained “Bits + Bips” podcast, Krüger says the market has yet to price in a spot ETH ETF approval. He predicts an approval will send Ethereum soaring against Bitcoin (ETH/BTC) to at least .070 BTC ($4,865) within months. “If the ETF gets approved, which seems like it’s likely now, it’s kind of clear that with an ETF approval, we’re going to see all-time highs very, very soon. Because the market is…

Crypto seems to be slowly recovering after a long winter in the market, and users are adjusting their investment plans according to the latest updates in the industry. While simply buying crypto is a great way to start your journey in this field, there also are other options to earn some digital assets and start trading them to get a profit. So, in this article, we will talk about some of the best free crypto airdrops you can focus on for this month to make your crypto portfolio richer with at least one new cryptocurrency. Table of contents Best Free…

Bitcoin stands at the forefront, with its upcoming halving event sparking excitement and uncertainty among investors. As the countdown to Bitcoin’s fourth halving narrows to roughly three days, market dynamics have taken a tumultuous turn, with significant implications for the digital asset’s price trajectory. Deciphering BTC’s Halving Patterns: Insights Into Pre-Event Price Behaviour While the Bitcoin market has been on a decline over the past week, A CryptoQuant analyst has recently highlighted a recurring pattern in Bitcoin’s price dynamics observed before each halving cycle. This pattern entails a significant price decline, a trend witnessed in previous halving events. For instance,…

As revealed thanks to data from Whale Alert, a previously dormant Ethereum whale has transferred 86 ETH, valued at $325,535, to major U.S. crypto exchange Coinbase. This whale, identified by the wallet address “0xCc60,” had originally acquired Ethereum during the Genesis Block as a participant in the ICO, where the token was valued at just $0.31. Now this volume of tokens equals $325,160 and the price of Ethereum stands at $3,850. 💤 A dormant pre-mine address containing 86 #ETH (325,535 USD) has just been activated after 8.8 years!https://t.co/Sok4yMsG5q — Whale Alert (@whale_alert) May 23, 2024 This substantial transaction coincides with…