Author: NBTC
Bitcoin must defend $91,600 to avoid falling to lower prices and keep its upward momentum alive. Breaking this level could result in a bearish move, with the next major support around $86,800. A strong bounce here may spark a rally, driving Bitcoin closer to its anticipated $130,000 price range. As BTC/USDT trades at $93,287, the critical support level of $91,600 is under scrutiny, marking a decisive moment for the flagship cryptocurrency. Renowned analyst CryptoPatel highlights the importance of this level as Bitcoin’s potential springboard to new heights between $120,000 and $130,000. 🚨 If you want to see #Bitcoin hit a…
U.S. Representative Michael Collins has expanded his crypto portfolio again, making a fresh Ethereum purchase amid the latest price drop. According to a recent financial disclosure picked up by Unusual Whales, Rep. Collins acquired between $1,000 and $15,000 worth of Ethereum (ETH) and invested an additional $30,000 in Virtuals Protocol (VIRTUAL). The accumulation comes on the back of a broader market collapse, with ETH losing the $3,000 mark. BREAKING: US Representative Michael Collins has continued to buy crypto currency. He just disclosed buying $15K in $ETH and $30k in $VIRTUAL. He sold VIRTUAL 9 days later, after being down an…
Amid widespread criticisms of Donald Trump’s newly launched meme coin, Ark Investment’s CEO, Cathie Wood, has insisted that the ploy ushers in a new crypto revolution. She told Bloomberg in a recent interview that the launch suggested a paradigm shift in the crypto industry as meme coins gain traction. The Bitcoin enthusiast stated that this is one of the “meme coin moments” for crypto as the sector continues to match toe to toe with utility assets. Wood likened the recent movement to the initial coin offering (ICO) campaign, which was predominant in 2017. During this phase, thousands of crypto assets…
Solana has gained significant traction since late last year, posting over 10 million active addresses for 8 weeks and counting. The data highlights the growing number of unique addresses as a function of the spike in Solana adoption since last year. Dune Analytics data revealed that the blockchain has recorded over 22 million active addresses in the past week. DefiLlama data further indicated that the active addresses recorded on Solana over the past 24 hours were over 4.2 million. The numbers reflect the increase in user activity on the layer 1 blockchain. A recent Syncracy report indicated that the blockchain…
The U.S. Commodity Futures Trading Commission’s legal campaign against prediction market platforms such as Polymarket and Kalshi can’t just be shut down, according to Caroline Pham, the acting agency chairman put in place by President Donald Trump. Pham said the agency will gather experts for a roundtable meeting, probably next month, that can build a case for how the commission ought to approach regulation and oversight of firms that offer betting on event contracts. She noted that despite her continued objections in recent years to former Chairman Rostin Behnam’s enforcement stance against prediction markets — including wagers made on sporting…
Popular Kick streamer Adin Ross said he plans to create a crypto-infused custom server for Grand Theft Auto 6 with gaming influencer and FaZe Clan CEO and co-founder Richard “FaZe Banks” Bengtson, once the hotly anticipated title hits shelves. But the plan could be doomed from the start. “When GTA 6 drops, me and Ricky are going to make the biggest server together,” Ross said during a livestream on Monday. “And I promise you, it’s going to be completely crypto. Everything pro-crypto about it. It’s going to change the game.” Adin ross announces GTA 6 news pic.twitter.com/uNuht1Vi3w — Rak (@vvsrak)…
Binance, the world’s largest cryptocurrency exchange by trading volume, announced today that it will expand its Trading Bots services to include new trading pairs, aiming to enhance users’ trading experience and offer a wider variety of strategies. Binance Launches New Trading Bot Services for LTC/USDC, S/USDC and TRUMP/USDC Pairs Binance will enable Spot Grid and Spot Dollar-Cost Averaging (DCA) services for the following trading pairs starting at 11:00 AM on February 6, 2025: LTC/USDC S/USDC TRUMP/USDC Spot Grid and Spot DCA features allow users to efficiently automate their trading strategies: Spot Grid Trading helps users take advantage of market volatility…
A whale has triggered attention from the crypto market after he deposited significant amounts of WBTC to Binance and earned impressive profits today. Whale transfers $28.5 million to Binance According to data shared by Spot on Chain, the whale deposited 300 WBTC (worth $28.5 million) to Binance today, January 9. Since the asset’s price had witnessed some significant increase, the sales gave the trader a whooping profit of $9.98 million. According to Spot on Chain, the investor sold off the tokens just before news broke out that the US government had authorized some Bitcoin sales today. This whale has been…
Havoc in crypto markets spread to stocks of crypto-focused companies, with losses in U.S. futures pointing to declines in equities that are likely to put bitcoin (BTC) on track for further losses because it tends to mirror movements of U.S. stock markets. S&P 500 futures slid 1.4%, Dow Jones futures fell 1.2% and futures on the tech-heavy Nasdaq 100 lost 1.7%. Shares of Japan’s Metaplanet (3350), colloquially called Asia’s MicroStrategy for its bitcoin treasury, fell 9.44% on the Tokyo Stock Exchange. Crypto and blockchain venture fund SBI Holdings sank 3.60%. U.S.-listed Coinbase (COIN) and MicroStrategy (MSTR) traded more than 5.9%…
Aethir, the DePin “GPU-as-a-Service” firm, has announced a collaboration with EigenLayer, a blockchain platform that introduces restaking solutions. This integration is poised to help change decentralized cloud computing by boosting scalability and simplifying the onboarding process for non-Web3 native GPU providers. Aethir Partners with EigenLayer Amid Network Expansion In a press release shared with BeInCrypto, Aethir said the integration with EigenLayer’s Actively Validated Services (AVS) model will allow the platform to expand its decentralized network further. The partnership also introduces an opportunity for Aethir’s community to participate in staking via EigenLayer’s solution. This enables retail stakers to delegate ATH tokens…