Author: NBTC
Ethereum price failed to continue higher above the $2,880 resistance. ETH is now moving lower and might slip further toward the $2,320 support. Ethereum started a fresh decline below the $2,700 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,700 level. Ethereum Price Recovery Fades Ethereum price started a recovery wave above the $2,650 level, like Bitcoin. ETH was able to…
SAFE, the native token of Safe Wallet, surged 20% as Bithumb listed the token on its platform. Safe (SAFE) rose to $1.10 on Jan. 10, marking a 20% surge from its monthly low of $0.924 while bringing its market cap to nearly $600 million at the time of writing. The altcoin’s rally occurred in a high-volume environment. Its daily trading volume surged by 429%, climbing from $15 million early Thursday morning to over $80 million. Despite the recent rally, the altcoin still holds significant growth potential, considering that SAFE’s price remains 69% below its all-time high of $3.56 in April…
WazirX has announced the voting period for its proposed restructuring scheme, allowing Scheme Creditors to decide on the next phase of the recovery process. The voting is expected to take place from March 19 to March 28, 2025, through the Kroll Issuer Services platform, where participants can cast a simple YES or NO vote. The results will be reviewed by Alvarez & Marsal, acting as the Independent Assessor. WazirX Voting Dates & Other Details Zettai Pte Ltd, the entity overseeing WazirX’s restructuring, confirmed the tentative voting dates earlier this week. The outcome will determine whether the Scheme of Arrangement moves…
Cryptocurrency exchange Gemini, which recently selected Malta as its European hub, has received in-principle approval for an Investment Firm licence from the Malta Financial Services Authority (MFSA). A Pan-European Derivatives Licence Once the licence is approved, the exchange can offer regulated options and futures, including contracts for difference (CFD) instruments, throughout the European Economic Area (EEA) under the Markets in Financial Instruments Directive (MiFID II). The official announcement highlighted that Gemini plans to offer perpetual futures contracts, which are futures contracts without an expiry date, throughout the bloc. Furthermore, the crypto exchange pointed out that the MiFID II licence is…
Vanar Blockchain has incorporated Stakefish into its validator ecosystem as a global blockchain staking service provider. The platform now manages over $3 billion in staked assets on different networks because Stakefish brings extensive blockchain transaction security and validation experience. Clear integration moves Vanar toward improving its decentralized platform and strengthening security capabilities and scalability. 🚀 VALIDATOR SERIES CONTINUES 🚀We’re thrilled to announce @stakefish, a global leader in blockchain staking, as the newest member of the Vanar Validator family! 🌐With $3B+ in staked assets, stakefish secures networks like Ethereum, #Solana, Cosmos—and now, Vanar. pic.twitter.com/xhxvaKwT70 — Vanar (@Vanarchain) February 11, 2025 Stakefish…
Bitcoin, the first and largest cryptocurrency by market capitalization, is edging closer to $100,000 for the first time in 2025, following a remarkable six-day gain. Bitcoin has had a phenomenal start to the year, gaining traction as positive optimism spread throughout the cryptocurrency market. At the time of writing, Bitcoin is trading up 1.27% in the last 24 hours to $99,021 after reaching intraday highs of $99,888, just shy of the $100,000 mark. Bitcoin began to rise from lows of $91,887 on Dec. 31 and has continued into the new year; Bitcoin has marked six straight days of gains since…
Over this week, a massive surge has taken place in $ETH burned via DeFi projects. As per the data provided by Phoenix Group, Metamask, Aave, and 1inch have seen the maximum $ETH burned among the DeFi projects during the recent 7 days. The crypto analytics platform shared the list of these $ETH burner projects on social media. TOP #ETHEREUM BURNER #DEFI PROJECTS IN THE LAST MONTH#Metamask #Aave $AAVE #1Inch #Uniswap $UNI #0xProtocol $ZRX #Pendle #KyberSwap #Paraswap #Ondo $ONDO #Tokenlon $LON pic.twitter.com/EYifQmZKqk — PHOENIX – Crypto News & Analytics (@pnxgrp) February 9, 2025 Metamask Leads $ETH Burner Projects with Weekly 89.2…
Shiba Inu (SHIB), the dog-themed meme coin, is in rebound mode as the Open Interest has skyrocketed by over 36% in the past 24 hours. This rebound coincides with SHIB breaching the $0.0000211 price level within the same time frame. SHIB’s surge in Open Interest across exchanges Data from CoinGlass shows that 8.34 trillion SHIB valued at $181.45 million in outstanding derivatives contracts were opened in 24 hours. This indicates increased investor interest in the meme coin, which has faced price volatility lately. The Gate.io exchange had the highest Open Interest figures, accounting for over half of the 8.44 trillion…
Poloniex has just listed Stool Prisondente, following recent listings on Kraken and MEXC. Poloniex has just listed the Stool Prisondente (JAILSTOOL), with trading against USDT starting on Feb.11 at 07:00 UTC. Withdrawals will be available the next day, on Feb.12. The Poloniex listing follows recent listings on MEXC and Kraken. You might also like: Berachain lands on Crypto.com following a wave of major exchange listings This Solana-based meme coin, which humorously references Barstool Sports founder Dave Portnoy, has gained major traction after the media personality publicly shared his foray into meme coin trading with his X followers. On Friday, Portnoy…
OKX Wallet and Sui Network have announced a strategic partnership to provide a seamless and secure experience for Sui asset holders. This collaboration aims to integrate OKX Wallet’s industry-leading security features with Sui Network’s innovative blockchain technology. By combining expertise of both the parties, this partnership aims to create a more user-friendly ecosystem for Sui asset and holders. OKX Wallet and Sui Network announce partnership Exclusive Benefits for Sui Token Holders Through this partnership, SUI token holders can enjoy exclusive benefits, including access to special campaigns and rewards. Users can efficiently manage their Sui assets, engage in seamless token swaps,…