Author: NBTC
President Joe Biden made a call to the Nigerian president on Tuesday to share his thanks for the release of detained Binance executive Tigran Gambaryan. Biden also spoke of the agreement between the nations to cooperate on law-enforcement matters, including illicit financial and cryptocurrency issues. U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan. According to a Tuesday statement from the White House, Biden “underscored his appreciation for President Tinubu’s leadership” in securing Gambaryan’s release in the phone call. Gambaryan, head…
HIVE Digital is expected to double its hashrate in the coming year, the report said. Cantor assumed coverage of the stock with an overweight rating and $9 price target. The broker said the market was underappreciating the company’s prospects. Bitcoin (BTC) miner HIVE Digital (HIVE) is expected to more than double its hashrate in the next 12 months, broker Cantor said in a research report Tuesday, initiating coverage of the stock. Cantor assumed coverage of HIVE with an overweight rating and a $9 price target. The shares rose about 3.6% on Tuesday, trading around $4.26. The broker said it expects…
MintSwap, a decentralized exchange (DEX) and NFT marketplace on the Mint Blockchain, has partnered with Dmail to streamline user communication. This collaboration enhances MintSwap’s capacity to engage users securely while solidifying its role within the Web3 space. Dmail took this news to X, disclosing to its comminty that how this collaboration is gaining to benefit them in terms of Web3 engagement. The secure communication tools from @Dmailofficial will allow @MintSwap_HQ to stay connected with its users, ensuring that key updates about the platform, yield opportunities, and upcoming developments are sent cross-chain directly to wallets &DIDs🗞️https://t.co/Pe8UrNLW8e — Dmail Community (@Dmail_Community) October…
Analyst Ali Martinez identifies $2,400 as a crucial support level for Ethereum, suggesting a potential rally toward $6,000 as the crypto retests this key zone. Ethereum has been trending within an ascending channel since July 2023. Recent price action saw Ethereum moving toward the lower edge of this channel. As of October 26, the crypto retested the lower trendline of this channel. The current price level near $2,400 serves as a significant support zone, according to analyst Ali Martinez. He stressed that a bounce from this point could set the stage for an upward movement toward the upper boundary, estimated…
Ethereum’s price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum’s (ETH) recent trend of lower highs and lows, hinting at a bearish undertone. However, steady positioning around the $2,500 level could signal the formation of a potential base. Despite reaching $2,769 earlier in Oct., low trading volume currently suggests a reduction in selling activity. The relative strength index (RSI) is holding at a neutral 48.77, showing that ether is neither overbought…
TravelSwap’s Head of Business Development, known as Soup on X, has hinted at Cardano integration. In a Thursday morning post, Soup playfully poked at Charles Hoskinson, Cardano’s founder, letting him know his response to a recent inquiry was reminiscent of a complaint Hoskinson made over six years ago after inquiring about MetaMask. Thank you for understanding https://t.co/1Ys1DgIRH7 pic.twitter.com/k5b0ictXLc — Charles Hoskinson (@IOHK_Charles) September 19, 2024 According to Soup, he met Hoskinson, who told him to message Cardano’s support email in person. The TravelSwap Head of BD took the opportunity to properly introduce himself, highlighting his various roles at top tech…
The two largest cryptocurrencies, Bitcoin and Ethereum, are moving in opposite directions, creating confusion among investors. According to data from CoinGecko, Ethereum (ETH) fell 7% last week to $2,525, while Bitcoin (BTC) remained relatively stable at $68,957. This divergence is notable because Bitcoin and Ethereum typically rise and fall together. Ben Caselin, chief marketing officer at crypto exchange VALR, explained that while Ethereum has outperformed Bitcoin in previous cycles, this time the dynamic has changed. Aside from the impressive rally of Solana (SOL), which has gained nearly 7% in the past week, Bitcoin’s resilience can be attributed to two key…
Prominent cryptocurrency market maker Wintermute has recently ramped up its Bitcoin deposits into key exchanges, as indicated by on-chain data from The Data Nerd. This escalation in BTC transactions could signify a rising selling pressure in the market. Contents hide 1 Which Exchanges Are Seeing Increased BTC Deposits? 2 What Impact Do Wintermute’s Actions Have on Market Sentiment? 3 Key Takeaways for Investors Which Exchanges Are Seeing Increased BTC Deposits? Recent information reveals that Wintermute has deposited a total of 575 BTC, valued at approximately $32.34 million, into Binance, Kraken, and Bitfinex in the last 24 hours. This significant movement…
Ethereum (ETH) has witnessed a decline in demand over the past few months. Due to this slowdown in blockchain activity, the Ether burn rate has been reduced. This has increased the coin’s circulating supply and put downward pressure on its price. In a new report, digital asset research firm 10X Research highlights what might be responsible for this. Ethereum Begins to Lose Its Shine In its latest report, 10X Research highlighted falling staking yields on the Ethereum network as a major factor contributing to the decline in blockchain activity. For instance, the Annual Percentage Rate (APR) for users on Lido,…
Tranglo expands services to Brunei, focusing on faster and more secure remittances for migrant workers through Ripple’s blockchain. Instarem integrates Apple Pay with Amaze card, enhancing the ease of contactless cross-border payments via mobile devices. Tranglo, a Ripple partner, has expanded its services to Brunei, highlighting the company’s continued growth in Southeast Asia. This growth is particularly noteworthy given Brunei’s sizeable migrant labor community, many of whom rely on cross-border remittances to support their family back home. #Ripple partner Tranglo is expanding service to Brunei. The workforce has many migrant laborers from nearby countries. Interesting to see the “8 supported…