Author: NBTC
Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a major increase if there is a close above the $2,990 and $3,000 resistance levels. Ethereum Price Holds Support Ethereum price traded as low as $2,864…
Large cryptocurrency whales have made large amounts of buying and selling transactions in recent hours. Here are the activities of whales. A fresh wallet identified as 0xc2f recently made a significant move by withdrawing 316,400 LINK tokens, equivalent to $4.51 million, from the popular cryptocurrency exchange Kraken. This wallet currently holds a total of 632.91 thousand LINK worth $9.03 million. In another significant move, a whale wallet known by the short address 0x537 deposited 150k RNDR (worth $1.6 million) to GSR Markets’ Binance deposit address. The wallet acquired these tokens from the Render Network multisig wallet approximately 18 hours ago…
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXCListings:TheDonato Creator (DON)CrazyDog (CRAZYDOG)Pink Ninja (PINKNINJA)Versepool (VPL)Lisede (LIS)OBI Real Estate (OBICOIN)Shark Cat (SHARKCAT)Spectral (SPEC)Three Protocol (THREE)Time Pocket (TIMEPOCKET)FindMe (FINDME)memeBOSS (BOSS)BOMES (BOMES)Raini Studios Token (RST)Crypto Unicorns (CU)AEONswap (AEON)WESET.io (WECO)Patrick CoinPants (PCP)Gaming Kirby (GKB)Silense (AIS)TecUise (TUE)DED (DED)Hades Protocol (HADES)Lanify.ai (LAN)Hank The Dog (HANK)Mage (MAGE)Luvbo (LUVBO)Apocalyptic AI (AOPAI)DOGEXAI (DOGEXAI)Kakaxa (KAKAXA)BOMESS (BOMESS)Super Infinity X (SUPERX)DeepSouth AI (SOUTH)Povel Durev (DUREV)Chintai Nexus (CHEX)Monke (MONKE)Demetric…
Bitcoin’s price is on the move, thanks to new ETFs. And thanks to the ‘halving’ just around the corner, speculation about its future price is on the move, too. The halving makes for a good show. It also reveals bitcoin’s value proposition, and what sets it apart from both traditional money and other cryptocurrencies: it is a monetary system with rules but no rulers. I spoke to Craig Warmke, co-author of Resistance Money: A Philosophical Case for Bitcoin to understand in detail the madness around Bitcoin halving. Warmke is a Bitcoin Policy Institute Fellow and Associate Professor of Philosophy at…
According to data from Deribit, the term structure of open interest in Ethereum options reveals a concentration in call contracts, consisting of more than 617,000 contracts expiring at the end of June with a face value exceeding $1.8 billion. Ethereum Options Traders Predict $3,600 for June Expiration This significant number of call contracts and their significant nominal value may reflect confidence in Ethereum’s potential to gain value by the end of June. Intensifying interest could also support the price of the digital asset if derivative investors choose to exercise their options when the price begins to exceed certain strike prices…
The official Shiba Inu marketing lead, who refers to herself as Lucie, has shared with the SHIB community why the mysterious SHIB founder Ryoshi wanted to create BONE token in the first place. However, this initial plan was changed later on for the sake of a more practical goal. Here’s why BONE was created Lucie tweeted that initially the goal of creating BONE token was to issue rewards to SHIB holders. However, later, the goal was changed to facilitate SHIB burns using the layer-2 solution Shibarium. Lucie did not share whether this decision was made before or after Ryoshi’s departure…
In a recent post on the X social media network, Ripple CEO Brad Garlinghouse denied attacking Tether, the largest stablecoin issuer. Prior to that, he claimed that it was “clear” to him that the US government was going after Tether during a recent podcast appearance. Garlinghouse stressed that he had mentioned the importance of Tether for the broader cryptocurrency ecosystem during that podcast. “The next words out of my mouth during the podcast were that I view Tether as a hugely important part of the ecosystem,” he said in the aforementioned social media post. The Ripple executive went on to…
Coinbase users claim they can’t withdraw their funds from the world’s second largest exchange despite it announcing it had ‘fully recovered’ after a system-wide outage. The platform suffered the three-hour-long outage on Monday but in the early hours of Tuesday, it claimed to have resolved the problem and apologized for the inconvenience. However, a slew of users on X (formerly Twitter) have responded to the recovery announcement claiming that they still can’t withdraw their funds. According to one user, “It’s not fixed, withdrawals are not available!!,” while another posted “@X can we get community notes here. This tweet is false…
Bitcoin’s highly anticipated “halving” event is about to happen. In this event, which occurs every four years, the supply of newly minted coins will decrease by 50%, dropping from 6.25 to 3.125. Halvings are designed to keep Bitcoin resilient to inflation and have historically led to significant price increases. However, experts warn that a rise in Bitcoin prices may not be imminent. While the Bitcoin price rose from around $44,000 to an all-time high of $74,000 in January due to demand for spot ETFs and the halving, it has fallen 12% in the last two weeks. According to Vetle Lunde,…
In a bid to address Ethereum’s ongoing high gas problems, Vitalik Buterin has unveiled a major new proposal aimed at optimizing transaction calldata and gas usage within the network. The draft proposal, dubbed EIP-7706, introduces a novel approach to managing transaction calldata by incorporating a new type of gas specifically tailored to calldata transactions. By providing a separate fee market for calldata transactions, complete with distinct basefee and per-block gas limits, the proposal aims to significantly reduce the theoretical maximum calldata size per block while making calldata more affordable on average. Buterin’s motivation behind the proposal stems from the need…