Author: NBTC
Ethereum price started a decent increase above the $3,650 zone. ETH is now rising and might aim for a move above the $3,900 resistance zone. Ethereum started a decent increase above $3,650 and $3,680. The price is trading below $3,750 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,850 and $3,900 resistance levels. Ethereum Price Eyes More Gains Ethereum price remained stable above $3,500 and started a…
Goldman Sachs is ramping up its focus on crypto after the mega November price surge. It is moving ahead with expectations for President-elect Trump’s policies and highlighting its crypto offerings for professional investors. One of the highest points of 2024 for the crypto industry was the launch of Bitcoin-linked exchange-traded funds (ETFs). These ETFs have drawn nearly $10 billion since Donald Trump’s election win and now cumulatively hold total net assets of $112.74 billion. This all signals bullish sentiments for the market after the appointment of a crypto-friendly SEC head. Goldman Sachs unveils exclusive crypto services In a recent note,…
The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high. Lucie assured the SHIB army that the developers continue to work on everything that has been announced earlier by her and by the mysterious SHIB lead Shytoshi Kusama. Lucie’s statement on “FUD ATH” Lucie took to X to say that she has…
El Salvador and Argentina are partnering to help develop the crypto industry in Latin America. Juan Carlos Reyes, El Salvador’s top crypto regulator and president of the Comisión Nacional de Activos Digitales (CNAD), and Roberto Silva, the president of the Comisión Nacional de Valores of Argentina (CNV), on Tuesday signed an agreement for the two countries to collaborate on crypto regulation. “At CNAD we have two core objectives, when it comes to international collaboration,” Reyes told CoinDesk in an email. “To share our expertise with international partners, enabling them to harness the benefits of a well-regulated industry. … [And] to…
We’ll provide you with several useful resources that will show you how to mine Filecoin. We didn’t attempt to provide a comprehensive guide to mining Filecoin, as the topic is very complex and the official Filecoin documentation is a better place if you’re looking for more specific information. Before we get you started on the topic of Filecoin mining, let’s first learn the very basics of what Filecoin is and how it operates. Key highlights: Filecoin mining is difficult to access for the average person, as it requires signifcant capital and technical knowledge. Even smaller Filecoin mining setups are significantly…
A shift in token launches is underway as the Quadratic Accelerator (q/acc) officially launches on Polygon’s zkEVM. By merging the power of Augmented Bonding Curves (ABC) and Quadratic Funding (QF), q/acc introduces a fairer, community-driven approach to token economies. (Griff Green, architects behind q/acc)—Unlike traditional token launches that prioritize short-term speculation, q/acc’s model is built for long-term sustainability. Its core mechanisms encourage genuine alignment between projects, communities, and protocols. Small-cap tokens, often at the mercy of speculative swings, now have a path to resilience, thanks to q/acc’s focus on sustainable growth and value creation.Griff Green, co-founder of Giveth and one…
Bitcoin (BTC) has regained ground, trading at $100,582.99 at press time after briefly pulling back to $94,000 earlier this week. The cryptocurrency market remains in flux, with investor sentiment split between optimism driven by institutional interest and concerns over ongoing economic uncertainties. Institutional players like MARA Holdings (NASDAQ: MARA) and Riot Platforms have increased their Bitcoin exposure, showing confidence in the asset’s long-term potential. However, skepticism persists, highlighted by Microsoft’s (NASDAQ: MSFT) shareholders rejecting a proposal to add Bitcoin to the company’s balance sheet, reflecting lingering hesitancy among traditional corporate players. The mixed signals have sparked speculation across the market,…
Investor demand, onchain metrics and network activity are setting up ether (ETH) to reach a $5,000 level for the first time, CryptoQuant analysts said in a report. Ether spot ETFs posted a 13-day inflow streak on Wednesday to reach nearly $2 billion in cumulative net inflows. The funds attracted their first billion from July to early December, but SoSoValue data shows that they needed only five trading days to capture the next billion. Total daily transactions hovered around the 6.5 million to 7.5 million level in the past few months, compared to about 5 million through 2023, indicative of higher…
Polkadot, a prominent entity in the blockchain space, is getting significant attention with its exclusive endeavor. As per Polkadot, the platform has collaborated with Banxa and Polimec to revolutionize the participation of the users in Web3 initiatives by permitting them to utilize credit cards to carry out seamless investments. The platform took to its official X account to provide the details of this collaboration. Web2 convenience meets Web3 innovation.Polimec and @BanxaOfficial now allow users to participate in projects using credit cards, improving accessibility to the Polkadot ecosystem. https://t.co/tWTlzrnQTQ — Polkadot (@Polkadot) October 17, 2024 Polkadot Collaborates with Banxa and Polimec…
South Korea has postponed the 20% crypto tax until 2027 and removed the Financial Investment Income Tax to increase market activity. South Korea adjusted its financial regulations by postponing the implementation of a cryptocurrency tax until 2027. This follows global trends, with countries like the Czech Republic, Russia, and Italy adjusting their crypto tax rules to attract investors. Korea delays crypto tax yet again Originally scheduled to take effect in 2022, the 20% tax on virtual asset income exceeding 2.5 million won ($1,750) annually has faced multiple delays. The latest extension approved by South Korea’s National Assembly shifts the implementation…