Author: NBTC
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18. The launch illustrates new applications of Runes, fungible BTC tokens traditionally known for slow transaction speeds, high fees, and sniping. As part of the initiative, Bitflow prioritizes security with audits from Coinfabrik and Clarity Alliance and offers a $100,000 Immunefi bounty program to promote community engagement. https://twitter.com/Bitflow_Finance/status/1855028595242287432 More speed and security in Bitcoin DeFi Activated at Bitcoin Block #867,867, the recent…
The price of Ethereum (ETH) has risen to the psychological price threshold of $4,000 for the second time. Ethereum price long-term analysis: bullish The largest altcoin peaked at $4,094 before retreating. For the second time, buyers have failed to sustain their bullish momentum above the current high. The retracement has ended and the altcoin is testing the resistance level again. Bitcoin, on the other hand, has crossed the psychological price threshold of $100,000, as Coinidol.com reported. If buyers are successful, Ether will break out above the $4,094 mark and rise to a high of $4,500. In the meantime, Ether price…
HashKey Platform Token hits a new record high as trading volume surges across major exchanges. The HashKey Platform Token (HSK) surpassed its previous all-time high of $1.5989 which was achieved yesterday, to continue its bullish momentum and record a new all-time high of $1.72, at the time of writing, Dec. 17, 2024. Source: Coinmarketcap From its all-time low of $0.7167 on Nov. 26, 2024, this milestone represents a substantial rise or a gain of almost 140%. The 24-hour trading volume of around $9.5 million coincides with the recent spike in HSK’s value, suggesting increased investor interest and market activity. You…
A closely followed crypto analyst says that Bitcoin (BTC) is setting up for a potential price explosion before Christmas amid a favorable technical setup. The pseudonymous trader known as Dave the Wave tells his 147,000 followers on the social media platform X that BTC is in an ascending channel with an upward target of about $112,000 that could be hit around December 25th. “A pre-Xmas day BTC rally.” Source: Dave the Wave/X Zooming out on the weekly chart, Dave the Wave suggests that BTC is also trading within a longer-term ascending channel similar to the 2021 bull market. The trader’s…
On Monday, December 16, Ethereum (ETH) price climbed above $4,000 again, with historical data suggesting that the return could be the beginning of a prolonged bull market. This development comes as several analysts opine that ETH could follow in Bitcoin’s (BTC) steps after the latter reached another all-time high. But will these bullish predictions hold? This on-chain analysis looks at key historical data of Ethereum that have influenced its price action. Ethereum Investors Are Back in “Belief” Mode According to Glassnode, Ethereum’s return to $4,000 has improved the sentiment of Long-Term Holders (LTH) toward the cryptocurrency. In getting the current…
Recently, Michael Saylor’s software firm, Microstrategy, achieved a listing on the Nasdaq-100 Index. This inclusion has triggered a lot of speculations in the Bitcoin ecosystem with firms like MARA Holdings congratulating the company. Analysts have noted that MicroStrategy’s decision to purchase bitcoin to protect the value of its reserve assets has enhanced the appeal of its stock, which also aligns with Bitcoin’s performance. Bernstein analysts expect that the market will likely set its sights on S&P 500 inclusion for MicroStrategy in 2025 following the Nasdaq-100 inclusion. Further, the brokerage also sees the company’s prospects continuing to improve next year, and…
Although there have been many speculations and hints about crypto executives meeting with Donald Trump to discuss the upcoming regulations under his administration in the States, Crypto.com’s CEO said he was the first to meet with the president-elect. Almost immediately after posting a picture on X, the price of the native token skyrocketed by double-digits to a ten-day peak. Honored to have a seat at the table. pic.twitter.com/KvK0XyEdYZ — Kris | Crypto.com (@kris) December 17, 2024 In a statement to CryptoPotato, Crypto.com’s chief exec added: “We welcomed the opportunity to meet with President Donald Trump. We look forward to working…
Earlier this week, the SEC sent a Wells Notice to Unicoin, a U.S. crypto investment firm. A Wells Notice is a letter from the agency informing that they plan to sue a person or the company. The controversial head of the Securities and Exchange Commission, Gary Gensler, will leave his post in a month but is still gunning around for crypto before he goes. According to Fortune, the Wells Notice states that the commission will charge Unicoin with fraud, misleading practices, and sales of unregistered securities, but it does not mention specific problems. SEC’s crypto team sent subpoenas to Unicoin…
The Philadelphia 76ers have launched “Spectrum Sprint,” a free-to-play mobile game with Web3 elements, in collaboration with Crypto.com—a team sponsor since 2021. The NBA team’s game features a pixel art vibe, with side-scrolling gameplay that challenges players to navigate iconic Philadelphia landmarks and dash down Broad Street towards the team’s former Spectrum arena. Players can unlock digital collectibles and compete for exclusive prizes across four tiers: Rookie, Pro, All-Star, and Legend. The high-score challenge will reward top players with prizes including courtside seats, invitations to the Sixers Youth Foundation Gala, and a suite for 12 guests during the 2025-26 NBA…
South Korea’s leading crypto exchange, Upbit, has announced updates regarding the listing and trading support of MOCA, now rebranded as Mocaverse (formerly MOCA Network). Trading pairs in KRW, BTC, and USDT markets will go live on December 16, 2024, at 2:00 PM KST. Upbit: Trading for MOCA(Mocaverse) Begins Today According to the official notice, the supported network for trading $MOCA is Ethereum (MOCA-Ethereum). Also note that deposit/withdrawal will start within 2 hours of notice and the trading support begins at 2:00 PM KST. 신규 디지털 자산 모카버스(MOCA) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓📅 거래지원 개시 시점: 2024-12-16…