Author: NBTC

According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels Over the past month, starting from July 11, 2024, a staggering 99,308 BTC, valued at $5.96 billion, has been withdrawn from exchanges. Currently, cryptoquant.com’s data shows that centralized exchanges are holding 2,679,880 BTC, worth approximately $161 billion based on bitcoin rates as of Sunday, Aug. 11. The last time reserves were this low was…

Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic based on historical precedence. Bittel tells his 69,400 followers on the social media platform X that Bitcoin is in a historical “boring” phase ahead of an expected “banana” rally that has come after the halving events when miners’ rewards are cut in half. “What we’re currently witnessing in terms of Bitcoin price action is fairly typical around the actual halving: a big pump leading into the halving, followed by a brief but sharp correction, a period of sideways chop, a final dump to…

A whale address that participated in the 2015 Ethereum ICO has moved 48,500 ETH to the OKX exchange after nearly a decade of dormancy. At current market rates, this Ethereum transfer is valued at approximately $154 million. The whale address originally acquired 1 million ETH during the 2015 ICO at a price of $0.311 per ETH. As of today, Ethereum’s live price is $2,541. Its market cap is $306.29 billion, and its 24-hour trading volume is $14.86 billion. Ethereum has decreased by 3.94% in the last 24 hours, and its circulating supply is 120.27 million. Considering that 48,500 ETH were…

Argentina’s victory over Canada in the Copa America semi-finals brings cheer to Argentina fan token holders. The token has seen over $20 million in trading volume in the past 24 hours. Defending champions Argentina advanced to the finals of the Copa America soccer tournament on Tuesday, more than doubling the market value of the country’s fan token, ARG. According to data source CoinMarketCap, the price of the Argentina Football Association’s cryptocurrency has risen 107% to $2.32 since the team’s 2-0 victory over Canada, reaching its highest level since May 30, surging over 70% in the past 24 hours alone. Its…

A few days ago, the integration of the API of the crypto exchange Rango within Trust Wallet was announced. 🚀 Thrilled to announce that @TrustWallet has integrated Rango’s API for seamless #crosschain swaps and bridging! Users can now transfer assets across 10+ chains effortlessly. 🔄 📄 More details:https://t.co/HCjiPu15Sz#Crypto #Blockchain #DeFi pic.twitter.com/QLuRrHlpXu — Rango (💙, 🔄) (@RangoExchange) August 7, 2024 Thanks to this integration, users of the famous crypto wallet can transfer assets on over 10 chains effortlessly. Crypto news: the integration of Rango Exchange in Trust Wallet Trust Wallet: the non-custodial crypto wallet The new integration Cross-chain transactions The token…

Bitcoin price failed to climb above the $66,500 resistance. BTC is again moving lower and might decline below the $64,600 support zone. Bitcoin started a fresh decline from the $66,500 resistance level. The price is trading below $65,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $65,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend losses if there is a clear move below the $64,600 and $64,200 support levels. Bitcoin Price Faces Rejection Bitcoin price started a recovery wave above…

Ethereum’s (ETH) chances of reaching a new all-time high (ATH) in 2024 have been subject to bets on Polymarket for some time. Most traders who are staking their money on the world’s largest prediction market feel the likelihood is low. ETH price is $2,549 at press time, representing a 17.75% decrease in the last 30 days. This on-chain analysis examines if the bets against the altcoin may be worth it. The Odds Are Heavily Stacked Against Ethereum According to data from Polymarket, 3% of traders believe that ETH’s price will reach its ATH before the end of this third quarter.…

XRPL Accelerator selects diverse projects including DeFi and real-world assets. Up to $100,000 in funding provided per project, with mentorship and networking opportunities. Projects like Alt DRX and Moai Finance aim to revolutionize real estate and asset liquidity. The XRPL Accelerator Launch Program has announced the latest cohort of innovative blockchain projects, selected from more than 150 applications. These projects range in various sectors, including decentralized finance (DeFi), decentralized identification (DID), infrastructure, real-world assets (RWA), and verifiable credentials. The XRPL Accelerator Launch Program provides builders with the resources, mentorship, and funding they need to turn their ideas into reality.We’re excited…

Binance has announced an important update regarding the availability of several delisted tokens. Effective September 2, 2024, the exchange will convert the tokens specified based on users’ assets at the time of the snapshot into USD Coin (USDC). The conversion will be completed by March 1, 2025. Token Conversion Details The following tokens will be converted to USDC: Bitcoin Gold (BTC) Bitcoin Standard Hashrate Token (BTCST) Bitshares (BTS) District0x (DNT) Groestlcoin (GRS) Hegic (HEGIC) MobileCoin (MOB) Monero (XMR) Monetha (MTH) Multichain (MULTI) Navcoin (NAV) Sologenic (SOLO) Spartan Protocol (SPARTA) Symbol (XYM) Tribe (TRIBE) The conversion will be based on the…

Nine Exchange-Traded Funds (ETFs) collectively decreased their Bitcoin holdings by 1,290 BTC, equivalent to a decrease of $83.7 million. Fidelity was the major contributor to this reduction, shedding 1,290 from its holdings. As of now, Fidelity holds 168,862 BTC, valued at approximately $10.95 billion. Notably, Blackrock and Grayscale did not update their Bitcoin holdings on this date. Jun 20 Update:9 ETFs decreased 1,290 $BTC(-$83.7M).#Fidelity decreased 1,290 $BTC(-$83.7M) and currently holds 168,862 $BTC($10.95B).#Blackrock and #Grayscale did not update their latest BTC holdings.https://t.co/gXIi5SUqpx pic.twitter.com/vgiPski8c6 — Lookonchain (@lookonchain) June 20, 2024 June 18 and 19 Update On June 19, the same nine ETFs…