Author: NBTC

Ethereum’s price is back above $4,000 driven by strong buying and solid support levels. IntoTheBlock data shows 7.2 million ETH were bought just below $4,000. This shows strong demand from investors. This demand suggests that Ethereum’s price may stay above $4,000. As $ETH pushes back above $4000, a strong support level is solidifying just below this threshold.7.2 million ETH were purchased at prices slightly under $4,000, signaling significant demand. This demand should help sustain Ethereum’s value above the $4,000 level. pic.twitter.com/yAunfqcbY5 — IntoTheBlock (@intotheblock) December 17, 2024 Additionally, a high-profile move from Justin Sun, who applied to withdraw over 52,000…

Prof. Dr. Özgür Demirtaş, who made statements about Bitcoin (BTC) and cryptocurrencies, talked about crypto again. Economics professor Özgür Demirtaş, in his post from his X account, suggested a cryptocurrency for Türkiye. Demirtaş, while drawing attention to the fact that the increasing value of the Turkish Lira and the weakening of the Russian economy have a negative impact on the tourism sector, suggested that Turkey switch to a cryptocurrency payment system in order to overcome the difficulties in the tourism sector. Demirtaş stated that accepting payments with cryptocurrency could attract new tourists to the sector, and emphasized that this step…

Revolut has announced the official launch of its branch in Italy, along with the launch of the Italian IBAN. Now the Italian customers of the financial super app can use Revolut as their main account. Revolut: the official launch of the branch in Italy and the offer of an Italian IBAN Revolut and the launch of the Italian IBAN: the goal is to grow in Italy The milestone of 50 million customers globally Revolut: the official launch of the branch in Italy and the offer of an Italian IBAN Revolut, the global financial super app, has officially announced its branch…

Conversations concerning the long-term price trajectory of Bitcoin have been rekindled by its recent performance. Compared to the previous two market cycles, the current one indicates that Bitcoin may still have a lot of room to grow, possibly reaching the $200,000 mark. It is clear from examining Bitcoin’s chart that the cryptocurrency has closely mirrored previous cycles. Following the recovery patterns observed in previous bull markets, Bitcoin has risen more than 300% since its 2024 low of about $25,000. During these cycles, Bitcoin’s ROI (Return on Investment) has historically grown exponentially, frequently reaching new all-time highs. Even at its current…

Ethereum price has stalled at the resistance level of $4,000, but on-chain metrics and other external factors points to more gains. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, was trading at $4,008. But the momentum failed to continue as it has faced resistance over the past three consecutive weeks. Still, ETH has positive catalysts that could push its price higher in the near term. The first main catalyst is that Bitcoin (BTC) has continued rising and moved to a record high this week. Altcoins like Ether often follow the price of Bitcoin. Spot Ethereum ETFs are also seeing strong…

Eric Balchunas, Bloomberg’s senior ETF analyst, has opined that it could take a while for business intelligence firm MicroStrategy to become part of the S&P 500 stock market index. In order to become part of the index, companies are supposed to have cumulative positive profits over the past four quarters. MicroStrategy, however, was profitable for only one out of the last four quarters. That said, a new accounting rule that would allow the company to log the changes in the fair value of its Bitcoin fortune as net income. This means that the company could potentially start reporting impressive earnings…

Prominent exchange listings often ignite massive price surges for lesser-known tokens, especially during a bull market. South Korean crypto exchange giant Upbit’s announcement to list MOCA Network (MOCA), for one, has had a dramatic effect on its market performance. Whale Moves Millions in MOCA After Upbit announced the listing of MOCA, its price surge prompted two wallets, likely linked to the same whale, to deposit 9.5 million MOCA tokens worth $3.55 million to Bybit. If these tokens are fully sold at the current price levels, the whale stands to make an impressive profit of $2.55 million, highlighting the significant market…

The incoming U.S. President, Donald Trump, has reiterated his support for the blockchain community. Trump sent a video message to the Blockchain Association during their recent Policy Summit gala, assuring them of his administration’s commitment to positioning the U.S. as a global leader in blockchain innovation. Blockchain Association Receives Trump’s Support The Blockchain Association shared Trump’s message on X, expressing optimism about his administration. The association stated that Trump would be the first pro-crypto President of the United States, governing alongside one of the most blockchain-friendly Congresses in history. We’re honored to share a message from @realDonaldTrump delivered to our…

After Upbit, South Korea’s another top crypto exchange, Bithumb, has listed MOCA, now rebranded as Mocaverse (formerly MOCA Network) and Moo Deng(MOODENG), thus, pushing both MOODENG and MOCA to surge. Trading pairs in KRW markets will go live on December 16, 2024, at 2:00 PM KST. Bithumb: MOODENG and MOCA Trading Begins 🚀 무뎅(#MOODENG) 원화 마켓 추가 안내 New Listing : $MOODENG will be added to the KRW market today. For more details 👉 https://t.co/cHWnt2Kc38 #bithumb #Listing #KRWmarket #MooDengSOL @MooDengSOL pic.twitter.com/qP9L5DybO2 — Bithumb (@BithumbOfficial) December 16, 2024 According to the official notice, the supported network for trading MOCA is Ethereum…

Four years ago, as the world grappled with the economic fallout from the COVID-19 pandemic, the U.S. government issued $1,200 stimulus checks to eligible Americans under the CARES Act. While many recipients used these funds to cover immediate needs, others saw an opportunity for long-term investment—particularly in Bitcoin (BTC), which was trading at a fraction of its current value. Fast forward to 2024, Bitcoin has achieved a historic milestone, crossing the $100,000 mark amid robust interest from both institutional and retail investors. At press time, Bitcoin is trading at $99,866, reflecting a 7% weekly gain. On the monthly chart, the…