Author: NBTC

The meme coin community has been anticipating a Dogecoin (DOGE) rally for many months. While the coin has already secured gains, it is still far away from the previous highs. However, DOGE has been gaining momentum in the last few days. More metrics are now giving bullish signals, hinting toward an impending mega rally. According to data from CoinGlass, the trading volume of DOGE has skyrocketed 33.75% over the past day. Currently, at the massive $3.57 billion level, the rising trading activity is expected to give a boost to the Dogecoin price. This metric tells us about the current investor…

What if Bitcoin keeps on its current trajectory of near-exponential growth? To put this in perspective, consider the chart of the logarithm of Bitcoin’s price, and let’s forecast it forward. I’m calling this approach the exponential model because I am taking the natural logarithm of the Bitcoin price, and then applying the exponential operator to reverse out the predicted price. Logarithms are useful tools for linearizing exponential phenomena, and Bitcoin’s price is one example of such a phenomenon. A phenomenon with exponential growth will look roughly linear in logarithm space, so that chart looks like: The data runs for the…

The crypto market continues to show strength, with Bitcoin eyeing the $70,000 psychological level. Amidst the broader market optimism, well-informed investors are now eyeing crypto airdrops as a potentially lucrative avenue. For investors and crypto enthusiasts, these airdrops offer the chance to acquire new tokens and join the vibrant crypto communities. Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. This week, there are four significant airdrops to watch. SupraOracles: Countdown to Blast off SupraOracles is airdropping free SUPRA tokens after the Snapshot on October 21. The fundraiser raised $26.52 million, and participants included Coinbase…

“If you want to win, you need a Bitcoin strategy” — that’s how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X. Saylor is known for his extremely bullish views on the major cryptocurrency, which he doesn’t forget to confirm with almost daily Bitcoin-focused statements on social media, sometimes viral, sometimes unconventional, sometimes shocking and sometimes insightful, which have already become part of the crypto market lore. The most recent one, however, is more insightful, as Saylor plotted the performance of MSTR stock against other top-performing stocks…

Magnetic X, the leading decentralized exchange on XRP Ledger (XRPL), has introduced Memepad, a launchpad for meme coins on the XRP network. The platform aims to foster innovation in the meme coin sector by allowing users to launch their own tokens on XRPL. Magnetic X’s meme coin launchpad sets a target for total value locked (TVL) and offers a partnership opportunity once the TVL surpasses 50,000 XRP tokens. This collaboration could extend to farming, promotion, and project development assistance. Creating and launching a token is straightforward, with full guidance available on Memepad’s webpage. Importantly, Magnetic X does not impose fees…

Despite Bitcoin’s price correction 287 days after its most recent halving event, on-chain metrics suggest fundamentals remain strong. Analyst TheLordofEntry has shared insights into key indicators that show a rise in continued demand and strong holder behavior. This strength is despite the recent short-term volatility. Bitcoin reserves on exchanges hit an ALL-TIME LOW! 📉Bitcoin reserves on exchanges have continued to decline, suggesting that investors are opting to hold rather than sell. pic.twitter.com/jrefZIrtdM — TheLordofEntry (@thelordofentry) October 13, 2024 Bitcoin exchange reserves hit all-time low One of the most important fundamentals is the drop in Bitcoin (BTC) reserves on cryptocurrency exchanges…

The Shiba Inu (SHIB) ecosystem is experiencing an increased Fear, Uncertainty and Doubt (FUD) rate. Per an earlier U.Today report, Lucie, the official SHIB marketing lead, acknowledged that FUD has soared to an all-time high. Although she dismissed the FUDders as just speaking negatively to seek attention, the issue appears to linger. Lucie’s aggressive strategy to tackle FUD In a recent X post, Lucie said she has adopted an aggressive strategy to address FUD in the Shiba Inu community. She said these social media accounts generally post negative and misleading information. She emphasized that such accounts were created to seed…

A cryptocurrency trader has raised alarm regarding Bitcoin’s (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals. Over the past two weeks, Bitcoin has experienced significant volatility, moving within the $65,000 to $52,000 range. These sharp fluctuations, both upward and downward, have raised questions about the underlying forces driving the market. RLinda, a well-known trader and analyst, highlighted Bitcoin’s struggle to break past key resistance levels, signaling a potential correction toward the $52,000 mark as downward pressure builds. Bitcoin’s bearish market structure According to the analysis, Bitcoin is currently…

GXChain Global has announced a strategic partnership with XRADERS. GXChain disclosed the matter today December 6 on the X platform where it talked about further engagements. GXChain is a crypto network designed to revolutionize Blockchain with lightweight, EVM-compatible, higher performance. On the other hand, XRADERS is a DeFi management platform leveraging AI to optimize Web3 products, including DeFi and GameFi for users. The collaboration seeks to integrate DeFi into GXChain’s blockchain and marks an important step in XRADERS’ mission to reshape global Web3 user experiences. 🎯 @GXChainGlobal announces its partnership with @Xraders_xyz to transform the crypto space.⚡ #REI Network offers…

A holder of Maker (MKR) tokens sold at a loss and moved into some of the hottest meme tokens. Instead of moving the assets to Sky, the whale chose SPX6900 (SPX) and MOG. A former token millionaire in Maker (MKR) is switching to meme tokens. The known wallet shed all MKR tokens, instead of swapping them for the new SKY asset after Maker’s rebranding. The known wallet singles out the whale as a selective token millionaire, based on Nansen’s data. The wallet was funded with ETH from Binance, then acquired SPX and MOG through Uniswap V2 and Orca. The wallet…