Author: NBTC

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to dominate conversations in the crypto space. With its recent price movements creating ripples of uncertainty, investors are asking: Will ETH drop further, or is a surge just around the corner? By analyzing the provided TradingView charts, we’ll break down the indicators and patterns to help answer this pressing question. How has the ETH Price Moved Recently? The current price of Ethereum (ETH) is $3,309.05, with a 24-hour trading volume of $29.86 billion, a market capitalization of $398.65 billion, and a market dominance of 11.88%. Over the past 24 hours, ETH’s…

After a turbulent 2023 followed by a recovery in 2024, the global count of crypto-automated teller machines (ATMs) is inching closer to its former high of 39,958, achieved on Dec. 1, 2022. Crypto ATMs Prove Resilient in Post-Terra and FTX Era, Near Record Numbers The trajectory of crypto ATMs saw dramatic shifts following the Terra stablecoin crisis and the FTX collapse in Nov. 2022. According to coinatmradar.com, the worldwide count of crypto ATMs hit its zenith of 39,958 by Dec. 1 of that year. Presently, the total number of these machines is only 1,092 shy of that peak. This marks…

Dogecoin (DOGE) gained attention with its volatile yet bullish performance, fueled by a passionate community and social media impact. TRON (TRX) innovates in blockchain-based content distribution, redefining monetization for digital entertainment and media sharing. Shiba Inu (SHIB) thrives as a community-driven cryptocurrency, exemplifying market volatility and sustained investor engagement. The cryptocurrency landscape demonstrates remarkable volatility and potential for significant market transformations. Following Cardano’s impressive 250% surge, investors and market analysts closely examine alternative digital assets that demonstrate potential for substantial growth and technological innovation. This analysis explores four cryptocurrencies that have captured market attention and present unique technological propositions. Dogecoin…

AILayer, an AI-powered blockchain platform, has announced its strategic alliance with ZkAGI to transform AI privacy for Web3 innovation. ZkAGI merges AI with blockchain technology to offer users and businesses the ability to leverage a secure platform. Users and companies can utilize AI’s capabilities, which allow personal and sensitive data protection. This collaboration is an advanced step forward to ensure a privacy-driven environment in the growing landscape of Web3. 🤝 #AILayer is excited to announce our partnership with @zk_agi!ZkAGI is the first privacy-focused AI DePIN, seamlessly integrating cutting-edge technologies like artificial intelligence (AI) and blockchain. This privacy-centric system empowers users…

Bitcoin CME Futures Briefly Surpass $100K on November 22 Bitcoin Futures on CME Hit $100,000 Mark Bitcoin futures traded on the Chicago Mercantile Exchange (CME) briefly crossed the $100,000 milestone on November 22, 2024, according to data from TradingView. These contracts, which allow institutional investors to speculate on Bitcoin’s future price, are currently trading just below the peak at approximately $99,700. This development highlights the growing optimism in the cryptocurrency market as Bitcoin continues its record-breaking rally. What Are Bitcoin CME Futures? Bitcoin CME futures are standardized contracts that allow traders to buy or sell Bitcoin at a predetermined price…

Evan Cheng, a tech expert, CEO of Mysten Labs, slammed the Ethereum Virtual Machine (EVM) as a “fundamentally broken” design. Cheng suggested the only fix to the EVM’s “design tech debt” would be “shooting it in the head and start over.” Notably, Evan Cheng previously worked at Apple and, then, as Head of Research and Development at Novi and Technical Director of Meta – showing an impressive tech curriculum, now in charge of developing the Sui Network (SUI), an Ethereum (ETH) competitor. In a video, shared by Mysten Labs co-founder Adeniyi Abiodun, the CEO technically explains why the EVM design…

South Korea plans to reintroduce crypto ETFs in 2025, inspired by the global success of Bitcoin and Ethereum ETFs. The Korea Exchange is benchmarking global cases to establish crypto ETFs, aiming to revive its sluggish financial market. South Korea is taking a significant move toward re-entering the global crypto industry by hinting at the launch of crypto exchange-traded funds (ETFs) in 2025. Following a seven-year ban on such financial instruments, this action shows the nation’s will to resuscitate its stagnant market and restore a competitive edge abroad. Inspired by the success of Bitcoin and Ethereum ETFs in exceeding market expectations…

An XRP community commentator has triggered discussions around XRP’s potential to reach audacious price levels, dismissing market cap concerns. These discussions have sprung up following XRP’s reclamation of the $1 territory for the first time in three years. Remarkably, the altcoin has since held above this price level, currently changing hands at $1.55 amid an impressive 206% increase in November. With this bullish momentum, these ambitious targets have re-emerged, with market pundit Armando Pantoja recently suggesting an XRP price of $100 is possible, downplaying concerns around the resulting market cap. ChatGPT Dismisses Market Cap Concerns for XRP Valuation In the…

EML Protocol, a major player in the blockchain space, has recently joined forces with Bitgert, a platform that has made a name for its low gas fee blockchain and its extensive list of products and features, including CEX. This partnership is a significant advancement on the path to developing more efficient and affordable solutions based on blockchain technology for businesses and end-users globally. 🎉 We’re happy to announce our partnership with @bitgertbrise 🌐Bitgert is a rapidly expanding crypto project that boasts a low gas fee blockchain, CEX and a lot more!✨ Stay tuned! #EML #BRISE pic.twitter.com/mKtdbgJfIS — EML protocol (@EMLprotocol)…

Bitcoin (BTC) is nearing the long-awaited psychological level of $100,000 (or $100k) per coin, bringing mixed feelings among analysts. While some are dominated by pure euphoria, eyeing the next round target for BTC price, others show disbelief or caution. “What happens when Bitcoin hits $100k,” asked Eric Balchuas, Bloomberg’s senior ETF analyst, who has been actively covering BTC ETFs. His post on X got over 1,800 comments in 10 hours, with many analysts and commentators giving their opinion. Bitcoin price analysis, as BTC flirts with the $100,000 Finbold collected some of these comments and analyses to understand what “the crowd”…