Author: NBTC
Ethereum price is declining from the $4,080 zone. ETH is now approaching a major support at $3,500 where the bulls might take a stand. Ethereum started a downside correction from the $3,080 zone. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,850 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $3,850 resistance zone. Ethereum Price Dips Ethereum price failed to stay above the $4,000 resistance zone and started a downside correction, like Bitcoin.…
Popular blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers, has detected almost a dozen massive Dogecoin transactions on the largest U.S.-based cryptocurrency exchange, Coinbase. These transfers were worth tens of millions of U.S. dollars, indicating an increase in DOGE whales’ activity around this platform. However, even more DOGE was sent to and from Binance – seven times that amount. Nearly half a billion DOGE was deposited to Robinhood. All this whale activity increased drastic ally, while the Dogecoin price has staged a 31.61% increase over the past 24 hours. Earlier today, the original meme cryptocurrency soared to the…
Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. In a March 13 statement, the exchange revealed its extensive cooperation with local law enforcement agencies to promote the responsible growth of crypto in Nigeria. Over the past weeks, Binance and the Nigerian authorities have been engaged in an acrimonious dispute over its operations in the region. The conflict reached a boiling point when authorities accused Binance of manipulating the local fiat currency, leading to the detention of two senior executives from the exchange. Nigeria matters, but it is not a…
Everyrealm, a social gaming company, unveiled Everyworld, a blockchain-based discovery and rewarded ads protocol with a mission to empower users while benefiting the environment and reshaping the landscape of online engagement. With substantial backing from venture capital companies such as Andreessen Horowitz (a16z) and investments from Coinbase Ventures, Hashed, Animoca, and Dragonfly exceeding $60 million, Everyworld is well positioned to disrupt the status quo. The Everyworld concept Leveraging blockchain technology, the Everyowld platform enables users to earn rewards, starting with points, by simply watching video content on Discord. Users can also participate in drawings to win payouts, with rewards evenly…
Polkadex has significantly advanced the decentralized exchange (DEX) ecosystem with the subsequent release of its highly anticipated Hestia Orderbook update. As part of Polkadex’s Hestia release, the most recent version of Orderbook introduces trading fees, lays the groundwork for a forthcoming liquidity mining program on the blockchain, and revamps the trading interface. Naturally, many bug fixes are included in the update to make trading even more seamless. The new interface boasts a configurable order placing panel, market pair ticker, notifications tab, and an aesthetic upgrade. Every aspect of the product has been made more user-friendly, from the new and updated…
Following the successful implementation of the Dencun upgrade, Ethereum has encountered significant selling pressure. As of the latest update, the Ethereum (ETH) price has declined by 7.8%, trading at $3,669 with a market capitalization of nearly $450 billion. Additionally, Ethereum’s daily trading volume has surged by 45% to $32.29 billion Ethereum (ETH) Price Levels to Watch Ahead The Ethereum price faced resistance at the $4,000 level and initiated a downward correction, mirroring Bitcoin’s movement. ETH dipped below crucial support levels at $3,920 and $3,850, signaling a short-term bearish trend. It briefly dropped below the $3,680 support area, reaching a low…
Crypto influencer Glauber Contessoto (SlumDoge Millionaire) stands as a figure of unwavering faith in Dogecoin. Recently, he expressed a bold prediction on X (Twitter). He believes that if Dogecoin’s (DOGE) price hits $0.20, his investment will skyrocket to $1 million. This statement arrives amidst a remarkable 90% weekly increase in Dogecoin’s price, reflecting the broader crypto market’s bullish trend. How Much Dogecoin You Need to Buy to Become a Millionaire? Despite the volatile nature of cryptocurrencies, Contessoto’s commitment to Dogecoin remains steadfast. After losing his millionaire status due to a market downturn, he continued to hold his Dogecoin assets. His…
In a significant move towards expanding its reach and functionality, Azure Wallet, renowned for its secure and versatile crypto management capabilities across multiple chains, has disclosed its integration with Visa and acceptance into the Visa Start-up Program. The Azure Wallet team communicated this development in a recent post on X, emphasizing the significance of the new alliance with the renowned payment processor. “Azure is happy to announce that we are integrating VISA and accepted to the Visa Start-up program,” the statement read. Azure is happy to announce that we are integrating VISA and accepted to #Visa Start-up program. This will…
A narrative has taken root in the realm of blockchain technology, one that champions the gradual transition from centralized control to a decentralized future. Yet this story, often recited by those at the helm, overlooks a fundamental truth about power: Once seized, it is rarely surrendered without a struggle. This belief that a centralized beginning can smoothly transition to a decentralized ethos is more myth than reality, akin to convincing a child to relinquish their tight grasp on a coveted sweet. The intention here isn’t to cast venture capitalists or early stakeholders as adversaries — it’s to advocate for a…
The success of spot Bitcoin ETFs within just two months of launch has clearly irked some lawmakers in the U.S. On Thursday, March 14, Senator Reed and Senator Butler wrote to the U.S. Securities and Exchange Commission (SEC) urging them to refrain from approving additional Exchange-Traded Products (ETPs) for alternative tokens beyond Bitcoin. Indirectly, the lawmakers have been pushing the SEC to deny the spot Ethereum ETF that has been recently under consideration. The success of the BTC spot products clearly ruffling some feathers on the Hill. @SenatorJackReed and @Senlaphonza write to the @SECGov urging:-no further ETPs for other tokens-make…