Author: NBTC
Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840. Ethereum extended its decline and tested the $3,700 zone. The price is trading near $3,800 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,760 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $3,700 support. Ethereum Price Holds Support Ethereum price struggled to start a fresh increase and declined below the $3,750 support zone, like…
The primary developer behind the Celo blockchain has been on the hunt since last year for the technology for its planned layer-2 network atop Ethereum – and the selection process had turned into a surprisingly competitive bake-off between leading providers. On Monday, the team officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project’s CELO tokens, under the chain’s governance rules. CLabs, Celo’s developer, has spent the past couple months evaluating technical proposals from various layer-2 teams on why…
Alchemy Pay, which is a well-known fiat-crypto payment processing solution, expands support by integrating with Scroll, a modern Layer-2 scaling solution that improves Ethereum capabilities leveraging zero-knowledge tech and compatibility with Ethereum Virtual Machine. This integration enables users to acquire USDT and USDC on Scroll through the Alchemy Pay gateway. It allows persons to purchase these assets with more than 50 fiat currencies and several payment options in 173 countries. We are thrilled to announce that #AlchemyPay now supports the @Scroll_ZKP network, integrating Scroll-USDT/USDC on our Fiat On-Ramp!With seamless fiat-crypto onboarding, we join forces with #Scroll to enhance accessibility for…
MicroStrategy price target raised to $1,875 from $990 at Benchmark. The software company is well positioned to benefit from the upcoming bitcoin halving, the report said. The broker raised its bitcoin 2025 year-end price forecast to $150,000. MicroStrategy (MSTR) is particularly well positioned to benefit from the bitcoin (BTC) halving set to occur around April 20, when new supply of the cryptocurrency will be cut by 50%, broker Benchmark said in a research report on Monday. “We note that the three previous bitcoin halvings, in 2012, 2016, and 2020, saw explosive appreciation in bitcoin’s price occur only after the halving…
It has come to our attention that an unidentified Ethereum ICO participant has transferred 8,518 ETH, equivalent to a value of $32.51 million, to the address of a major exchange located in the U.S., Kraken. The transfer was made in two tranches. What is known about this whale? Their address, “0x771,” continues to hold 14,644 ETH, which is equivalent to $55.91 million. During the ICO, this unknown large holder received 100,000 ETH when the price of the main altcoin was $0.311 – to address “0xc348.” Over the course of a year after the ICO in July 2015, he sold them.…
General Updates Neo welcomed two new Neo Core Developers: Anna Shaleva, Neo SPCC software engineer, and Vang1on7ang, LazyNode researcher. The core developer role requires members to participate actively and regularly in protocol development and includes deep involvement in technical and engineering decisions. Neo finalized the NEP-24 NFT Royalty Standard. NEP-24 is a global standard for retrieving royalty payment information for NFTs, facilitating payments across all NFT marketplaces in the Neo ecosystem. Quirky Soul College launched the third and final mint wave for QSC character NFTs. The final mint wave is not denominated in GAS; rather, each NFT will cost 50,000…
Cryptocurrency investor Brock Pierce, co-founder of the stablecoin issuer Tether, hinted at a possible return to Hong Kong as the government intensifies its efforts to rejuvenate the crypto industry. Pierce, who also chairs the Bitcoin Foundation, remained enigmatic about his potential new venture and whether the city would be its permanent base. Describing the city as part of a “continued conversation,” Pierce suggested that significant developments might be on the horizon. Pierce’s Return Hong Kong “Big things may come from this,” he told the South China Morning Post after the Solowin and Sequire Asia Investor Summit in Hong Kong on…
Ripple partners with Clear Junction to enhance cross-border payments in GBP and EUR for customers in the UK and EU. Clear Junction’s FCA authorization and ISO 27001 certification ensure secure and compliant payment solutions. Ripple, a leader in enterprise blockchain and crypto solutions, has announced a strategic partnership with Clear Junction, the global frontrunner in cross-border payment solutions for regulated institutions. Unlocking a new era of cross-border payments! 💼 #Ripple and Clear Junction’s strategic alliance promises instant GBP and EUR payouts for UK and EU customers. With Ripple’s enterprise-grade blockchain solutions and Clear Junction’s secure infrastructure, transactions are set to……
Prominent global investor Dan Tapiero has published a bullish Bitcoin tweet, sharing his take on how BTC could easily surpass the $200,000 price level in the near future. An important macroeconomic factor is to play its role here, the expert believes. “Bitcoin vaults to $200,000+” Vocal investor and Bitcoin supporter Dan Tapiero, who is also co-founded of Gold Bullion International and 10T Holdings, has taken to the Twitter/X social media platform to share a major reason that he expects to drive Bitcoin above the $200k barrier. Most remarkable macro correlation break I’ve seen in some time.Suggests extreme concern about monetary…
The approval of spot Ethereum (ETH) exchange-traded funds (ETF) in the US on May 23 made ETH options traders more bullish, according to Aurelie Barthere, Principal Research Analyst at Nansen. Despite failing to spark a significant spot market upside, the implied volatility of call and put options on ETH has decreased slightly since the approval. Year-to-date implied volatility of call and put options on ETH, 90-day plus expiry. Image: Nansen “Funding rates are neutral now, though the recent news about ETH ETF has led to ETH call prices jumping relative to put. So, options traders are now bullish ETH. ETH…