Author: NBTC
Ethereum is nearing a crucial resistance level, and a breakout could signal significant upward movement. Developments in Ethereum 2.0 and growing institutional interest are boosting its bullish outlook. Analysts are monitoring key price levels to determine if Ethereum can sustain a breakout and maintain momentum. ETH price remains just below key resistance, many traders and analysts remain hopeful if the cryptocurrency can push past it. Looking at Ethereum somehow we are likely going to see it remain within the trading range over the short term. If it breaks on the upside then it would be very much probable that we…
Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token’s price rose to $175.3, bringing its capitalization to over $83.56 billion. At the same time, PayPal is now collectively valued at $83.52 billion, according to Yahoo Finance. At first glance, therefore, Solana is indeed more expensive, in a purely figurative sense, than the largest electronic debit payment system, which was founded in 1998 with the participation of Elon Musk. However, it cannot be honestly stated that all Solana tokens in…
Former CFTC Chairman Chris Giancarlo predicts the SEC might drop its lawsuit against Ripple. Giancarlo made the prediction during a recent interview on FOX Business. During the interview, Giancarlo commented on the state of U.S. crypto regulation, such as expanding the CFTC regulatory oversight over the industry and the potential outcome of the Ripple lawsuit. BREAKING: 🇺🇸 LEADING CANDIDATE FOR WHITE HOUSE “CRYPTO CZAR” STATES RIPPLE $XRP CASE WILL BE DISMISSED! “If you’re a betting man would they drop the XRP case?” – @CGasparino “I would bet they would.” – @giancarloMKTS Do you believe the SEC leadership under President Trump……
Transit Swap, a leading multi-chain aggregator, has announced a new integration with Across Protocol. This integration aims to enhance cross-chain swaps, enabling users to trade any tokens across multiple networks seamlessly. This news was announced on official Transit Swap X account. The integration of Across Protocol makes Transit Swap compatible with more tokens and networks. 🆕@TransitFinance New integration: @AcrossProtocol Transit Swap has already integrated @AcrossProtocol, boosting cross-chain swap of any tokens on any network! To Bridge Like A Pro on @TransitFinance!👉https://t.co/eh3zkCwcQm pic.twitter.com/pC4FUivTVJ — Transit Swap | Transit Buy | NFT (@TransitFinance) November 26, 2024 Transit Swap Enhances DeFi Experience with…
Bitcoin (BTC) is set for a potential breakout as increasing institutional investment, growing miner holdings, and rising exchange-traded product (ETP) flows signal mounting demand, according to VanEck’s latest Bitcoin ChainCheck report. The report also highlighted that the growing influence of institutional adoption in the Bitcoin market has strengthened the correlation between ETP flows and BTC price. ETP correlation Data from the report showed that weekly net inflows into US Bitcoin ETPs reached $19.4 billion by mid-October, with institutional inflows driving much of the price discovery process. The correlation between weekly ETP inflows and Bitcoin returns was notably strong, with an…
Mansa Finance, a DeFi platform offering liquidity to cross-border payment firms and import-export companies, has announced a strategic partnership with Clearpool. Based on the collaboration, Mansa will launch its cross-border payments and trade-finance services on the Ozean blockchain and Ozean’s DeFi ecosystem. Ozean is an RWA yield blockchain powered by Clearpool, a decentralized credit marketplace providing crypto lending and borrowing services to businesses. This marks a crucial development for Mansa’s commitment to democratize access to financing for businesses in emerging markets. The Ozean blockchain will enable Mansa to provide more accessible and efficient financial services to its customers. Expanding financial…
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap has breached a crucial level and currently is gaining significant attention from investors as well as traders. As of today on November 28, 2024, ETH’s breakout from a strong resistance level indicates that it is poised for a notable upside rally. Ethereum Technical Analysis and Upcoming Level According to Coinpedia’s technical analysis, ETH’s sentiment has strongly shifted toward the bullish side. In addition to breaching the horizontal support level of $3,550, the altcoin has also broken out of its five-day-long consolidation zone. This zone breakout near the resistance level is considered…
Alchemy Pay token formed a “God candle” on Oct. 28, after the developers announced plans to launch the Alchemy Chain. Alchemy’s (ACH) token rose to a high of $0.020, its highest level since Oct. 25, and 20% above last week’s low. In a blog post, the developers noted that Alchemy Chain will be built on the Solana Virtual Machine architecture to support the growing needs of its payment platform. The new chain aims to allow Alchemy to process transactions faster, at a lower cost, and in a highly secure environment. Its security will be based on the Trusted Proof-of-Authority mechanism,…
Two entrepreneurs from Brianza are under investigation for alleged espionage, which also involves crypto, in favor of Russia. In fact, through cryptocurrencies and contacts via Telegram, they allegedly gathered confidential information, proposing surveillance and sabotage actions in strategic Italian cities. Let’s see all the details in this article. Possible collaboration with Russia: the accusation is of having provided sensitive information in exchange for the crypto Bitcoin Missions, sabotages, and failed attempts The investigation and the legal implications Possible collaboration with Russia: the accusation is of having provided sensitive information in exchange for the crypto Bitcoin The Milan Public Prosecutor’s Office…
Japanese messaging app giant Line plans to give its 196 million active users the ability to use decentralized apps (dapps) such as games and utilities. The social network, which is mainly used in Japan, Taiwan, Thailand and Indonesia, will debut with 30 dapps in its portal by the end of January and plans for a further 150 by the end of the first quarter, said Sam Seo, the chairman of Kaia DLT Foundation, whose Kaia blockchain will host the applications. Line’s initiative reflects a growing trend of social media and messaging apps integrating blockchain technology to offer a wider range…