Author: NBTC
While everybody is celebrating Bitcoin’s $100,000 mark, the second biggest cryptocurrency, Ethereum (ETH)’s $4000 mark is still awaited. However, it will not take so long to reach there, according to some crypto analysts. According to TrendSpider, “Ethereum is quietly breaking above a key trendline resistance from all-time highs.” While everyone is focused on $BTC $100K… Ethereum is quietly breaking above a key trendline resistance from all-time highs. 🤫 $ETH pic.twitter.com/jGmsvSqyXj — TrendSpider (@TrendSpider) December 5, 2024 Ethereum Prepares for Intense Bullish Momentum ETH is on the verge of breaking out of a three-year triangle consolidation pattern, with $ETH expected to…
Mindspace Solutions has announced a $1 million strategic investment in Dechat, a Web3 communication platform that aims to transform user interaction and transactions in the decentralized era. This investment is part of Mindspace’s commitment to supporting innovative projects that prioritize privacy and user-centric design. The announcement of investment through Dechat official X account. The funding will assist in helping Dechat improve its secure, transparent communication solutions. Big News!Mindspace Solutions just invested $1M in DeChat! 🎉 Together, we’re redefining secure, healthy communication in the Web3 era. 🌐💬Thank you, @mindspaceweb3, for joining us on this journey! 🤝Read @mindspaceweb3 official announcement here:https://t.co/5JUSxFn0Hy —…
Earlier this week French Senator Sylvie Vermeillet proposed classifying Bitcoin and other digital assets as “unproductive,” arguing they should be taxed like luxury items and vacant properties. The bill in question classifies cryptocurrencies as unproductive assets for the 2025 budget, meaning that taxes will be imposed on unrealized gains if they exceed €800,000. Paris-based Alice Stork, founder of Web3 public relations agency ICL, told Decrypt that a Bitcoin tax on unrealized gains is “worrying” and “feels pretty out of touch with how volatile crypto markets are.” What happens when the value of your holdings drops after you’ve already paid taxes…
Gold, Silver, and Bronze tiers are introduced by Binance to reward verified P2P merchants based on performance. Binance has added a key update to its P2P Merchant Program by introducing three tiers, namely, Bronze, Silver, and Gold. This upgrade is introduced to acknowledge and reward P2P merchants according to their trade volume and performance. Each tier offers unique advantages. Based on their monthly trade performance, newly verified merchants can move up from the Bronze level. Verified traders having a solid trading record are considered bronze merchants. You might also like: Binance launches BFUSD stablecoin offering 19.55% APY Merchants must reach…
In cryptocurrency trading, it has not been every day that an entity has created such a massive impact as Ceffu within the past few days. Taking advantage of the correct timing of the market, Ceffu earned $3.66M in only 48 hours! This occurrence happens against Bitcoin’s (BTC) price spike; Ceffu’s efficiency in making high-value transactions at the right time has generated much attention among cryptocurrency enthusiasts. The price of $BTC increased by 3.2% today!#ceffu has excelled in trading $BTC this week.#ceffu accumulated 1,988 $BTC($120.88M) at $60,815 on Oct 10 and Oct 11.3 hours ago, #ceffu deposited 1,133 $BTC($72.57M) to #Binance…
A prominent crypto influencer is channeling his personal journey and using his platform for a meaningful mission: Raising funds for St. Jude Children’s Research Hospital through cryptocurrency donations and NFT sales. Pseudonymous influencer Leap’s upcoming initiative will debut with an art auction at Art Basel Miami on Friday afternoon, bringing together the worlds of blockchain and fine art to support life-saving research. It marks the culmination of months of personal and professional transformation, fueled by his determination to make the crypto space a force for good. In an exclusive interview with Decrypt, Leap shared that in a space often dominated…
Ethereum trades in the $3.8K zone over the past 24 hours. The market saw $85.87 million worth of Ethereum liquidated. Following a period of consolidation within $99K–$95K, Bitcoin touched the $100K mark on December 5, propelling the second largest cryptocurrency, Ethereum, and other leading altcoins to new highs. ETH has been marking its upward trajectory for the past few days. Analysts believe that if Ethereum could stage strong bullish signals, it could not only hit $4K but also have the potential to reach the $5K level. Despite the minimal dips, ETH climbed higher following Bitcoin’s momentum. The altcoin looks forward…
The Monetary Authority of Singapore (MAS) unveiled a comprehensive plan to promote asset tokenization in financial services. As a result, traditional financial markets will become more transparent, efficient, and accessible by digitally representing assets like bonds and stocks. What is Asset Tokenization? Asset tokenization involves converting real-world assets into digital tokens that are recorded on a blockchain. Each token represents a portion of the asset and can be traded securely and transparently. This approach promises improved liquidity and faster transactions, particularly in financial services, where securities such as bonds and stocks can be digitized, making them more accessible and tradable…
Brad Garlinghouse, the chief executive officer at Ripple, has shared his take on the newly appointed “AI and crypto czar” of the White House David Sacks. Prior to that, Garlinghouse also highlighted the appointment of the new chairman of the US Securities and Exchange Commission who will replace the current one, Gary Gensler, after his resignation that will take place in January 2025. Gensler resigned in November, posting an announcement about that on his official X account. Elon Musk and new “crypto czar” David Sacks, a venture capitalist and the former chief operating officer at PayPal has been chosen to…
CCP Games has unveiled Founder Access packs, a set of early access perks that will allow users an opportunity to play and participate in the development of its upcoming space survival game, Eve Frontier. The packs, available in three separate tiers ranging from $30 to $90, are currently on sale. On December 10, purchasers of the Founders Access benefits will be able to join an “always-on server” in Closed Alpha and begin leaving an imprint on the outer space game’s malleable world. All Founders Access levels will also include benefits like unique skins, a “Founder” role on the Discord server,…