Author: NBTC
Despite Ethereum not going through a particularly good moment in the crypto markets, experts’ forecasts on the price trend of ETH remain very positive. It should not be forgotten that in the current phase there are still large daily sales from the new Grayscale ETF, but this trend is destined to run out. The current situation The Grayscale case: the predictions on the price of Ethereum (ETH) The current price of Ethereum The forecasts on the price of Ethereum (ETH) The reliability of the forecasts The current situation At the time of the landing on the USA stock exchanges of…
Recent data reveals a significant drop in the supply of Fantom (FTM) coins held in cryptocurrency exchange wallets, reaching 639 million, the lowest since January 10, 2022. This reduction in available FTM on exchanges coincides with a Bitcoin-led rally, suggesting that investors are opting to hold onto their coins potentially signaling a bullish trend. Contents hide 1 Why Are Investors Holding FTM? 2 What Does Average Coin Age Indicate? 3 Key Inferences for Investors Why Are Investors Holding FTM? On April 4, the FTM supply on exchanges peaked at 674 million coins but has since dropped by 5%. This decrease…
Russia is reportedly set to swap two prisoners — a Wall Street Journal reporter and a former US marine — for a number of Russians held by the US and its allies, including the operator of the BTC-e crypto exchange, Alexander Vinnik. Bloomberg reported today that journalist Evan Gershkovich and Marine Paul Whelan are en route to locations outside of Russia. According to a report from Business Insider that cites state-run Russian outlet TASS, Vinnik, Vladislav Klyushin, Vadim Konoschenko, and Maxim Marchenko, will be sent in the other direction and their names have now been removed from the FBI electronic…
Free speech champions across the world celebrated earlier this week as Julian Assange – founder of WikiLeaks – was finally released from a UK prison after five years behind bars. During his more than decade-long legal battle to escape persecution from multiple national governments, Assange often leaned on crypto to drive global fundraising campaigns to secure his freedom. A newly resurfaced video from years before Assange’s arrest shows him praising cryptocurrencies as a powerful tool for freedom. What Julian Assange Thinks of Bitcoin In the September 2014 clip shared by MicroStrategy executive chairman Michael Saylor, Assange calls Bitcoin the “most…
Zilliqa has announced a collaboration with Brillion to improve real-world asset tokenization, bringing traditional banking closer to the world of decentralized finance (DeFi). The collaboration is expected to provide a secure and accessible solution for real-world assets, in line with Zilliqa’s goal of creating an easy-to-use blockchain, especially with the upcoming Zilliqa 2.0. Brillion, a multi-chain smart wallet, aims to bridge the gap between traditional banking and DeFi. It provides a B2C wallet for retail investors, as well as a B2B Wallet-as-a-Service (WaaS) platform with a full suite of tools for blockchain protocols and decentralized applications (dApps). Brillion’s B2B WaaS…
The Bored Ape Yacht Club (BAYC) collection surged to the top of the non-fungible token (NFT) market with US$1.33 million in sales on July 31, according to CryptoSlam data. The collection slumped throughout July and hasn’t had a single day above US$1 million until Wednesday. The unusual surge has been attributed to Ape Finance, a project that deployed a new contract that allows traders to lock their BAYC NFTs to mint 100 million $BAYC fungible memecoins. The tokens can be burned to claim back the NFTs. One investor who identified the opportunity early boasted a US$150,000 profit in just one…
Ethereum, one of the most popular cryptocurrencies, has seen its value fluctuate over time. With August approaching, many are wondering if ETH could experience a significant drop, potentially falling to $1000. In this article, we’ll explore the factors that could influence Ethereum price prediction, what experts are saying, and what this could mean for investors. How has the Ethereum Price Moved Recently? ETH/USD Daily Chart- TradingView Ethereum is currently priced at $3,173.58 with a 24-hour trading volume of $20.13 billion, a market cap of $381.26 billion, and a market dominance of 16.48%. Over the past 24 hours, the ETH price…
Micropayments on the XRP Ledger (XRPL) have driven a substantial growth in transactions. The notable increase in transactions per second (TPS) on XRPL points to rising network activity. Recent data shows an 80% rise in transaction volume in merely one week, reflecting a surge in micropayment activities. Discover how micropayments are revolutionizing the XRP Ledger ecosystem, driving unprecedented growth in transaction volumes. Explosive Growth in XRP Ledger Transactions The XRP Ledger has seen a remarkable surge in transaction volumes, primarily driven by an increase in micropayments. This trend is bringing newfound attention to the potential applications of XRPL. The transaction…
On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a $40 billion crypto fraud linked to the collapse of the Terra cryptocurrencies. Kwon’s legal saga began with the crash of TerraUSD and Luna in May 2022, triggering significant investor losses. Timeline of Do Kwon’s arrest In March 2023, he was arrested in Montenegro while attempting to travel with forged documents. He received a four-month prison sentence, during which multiple extradition…
A closely followed on-chain analyst thinks a deeper drawdown could ultimately end up as the spark that ignites a Bitcoin (BTC) rally to fresh highs. In a new interview on the What Bitcoin Did podcast, pseudonymous analyst Checkmate says on-chain data suggests that BTC has seen a significant decline in sell-side pressure since April when people unloaded their holdings near all-time highs. But the analyst says Bitcoin is still having trouble sustaining its uptrend due to the absence of fresh demand. “The one that we saw in the ETF (exchange-traded fund) peak, about 30% of that was GBTC but not…