Author: NBTC
Ethereum whales have been actively accumulating ETH, adding a nearly $4.5 billion ETH over the past month, according to data from IntoTheBlock. Currently, ETH price is witnessing a sluggish performance. However, owing to the ongoing accumulations, analysts expect Ethereum price to reclaim the $3,000 soon. Ethereum Whales Accumulate Massive ETH Stash According to IntoTheBlock’s large holders netflow indicator that tracks wallets holding more than 0.1% of ETH’s total supply, Ethereum whales have increased their positions by more than 1.7 million ETH in the last 30 days. This accumulation is valued at over $4.42 billion, based on an average price of…
The Trump Media and Technology Group stocks DJT continued to see steady rise on October 14, pushing the growth seen by the stock before the Trump rally in Pennsylvania. DJT jumped by over 18% today, reaching $29.95 at the time of writing. Charts show that the stock briefly hit above $30 before dropping to $29. DJT stock came into the markets in March as a meme stock, depending greatly on Trump’s success, especially in the upcoming November elections. Multiple prediction sites, including Polymarket and Kalshi, are placing Trump ahead. However, two of their counterparts, including FiveThirtyEight and RealClearPolitics, are placing…
GraFun, a new memecoin launchpad and trading platform on the BNB Chain, is set to launch on September 27, 2024, at 11 am UTC. It introduces a “Fair Curve” mechanism aimed at promoting fair launches and long-term investment in memecoins. GraFun has garnered support from significant players in the crypto ecosystem, including Floki, BNB Chain, DeXe Protocol, HOT Protocol, and strategic partnership with DWF Labs. Floki will own 40% of GraFun, expecting to leverage this to enhance its influence in the BNB Chain memecoin market – boosting the project’s fundamentals. The memecoin issuing and trading frenzy that gripped Solana and…
A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors say he led a multi-level marketing scheme, promising massive returns, before siphoning off millions in cryptocurrency and disappearing just before his trial. An active investigation is underway. Cryptocurrency Fraud Suspect Horst Jicha Escapes House Arrest Horst Jicha, a German national accused of orchestrating a $150 million cryptocurrency fraud scheme, is now a fugitive after allegedly tampering with his ankle monitor on Oct. 3. Jicha had been on home detention in…
The makers of Ethereum-based combat arena game Moonray announced that they will release the free-to-play title on PlayStation 5 next year. However, citing Sony’s policies, the game will be launching on the console without Web3 features. On PC via the Epic Games Store, the game has already run a play-to-airdrop campaign, which saw gamers complete challenges to earn a chunk of its soon-to-launch MNRY token—and those who own the project’s NFT got an extra bonus. A similar system will be put into place with the mobile auto-battler that Moonray is set to release early next year. But this will not…
South Korea’s leading digital asset exchange Upbit has announced that CARV (CARV) has been listed on the KRW, BTC, and USDT markets, with trading set to begin at 15:00 on October 15. Upbit to List CARV (CARV) on KRW, BTC and USDT Markets According to Upbit’s official announcement, deposits for CARV will open within two hours of this notification, and users are advised to verify the network before depositing to avoid delays. Trading Restrictions and Precautions The exchange outlined several temporary trading restrictions: Buy Order Restriction: Trading support will be disabled for the first five minutes after it starts. Minimum…
Although Saturday and Sunday are traditionally days off for the traditional financial markets, the crypto world never sleeps, especially on the weekends. Thus, the last 24 hours were once again accompanied by a series of events on the market and behind the scenes — in the on-chain realm. One of these events was a sudden withdrawal of over 1,734 BTC, equivalent to about $103.62 million, from the top exchange BitGo to the unknown wallet “bc1qzqp5.” The latter is a completely new entity and had no transaction history before, according to Arkham Intelligence data. Now, this unknown anonymous whale owns a…
Ethereum price is consolidating gains above the $2,550 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum started a fresh increase above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rally if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Eyes More Upsides Ethereum price remained stable above the $2,550 pivot level like Bitcoin. ETH cleared the…
Robert Kiyosaki, financial expert, entrepreneur famous for authoring the popular “Rich Dad Poor Dad” book on financial self-educating, has published a tweet in which he described the current tough times, mentioning market bubbles and inflation. He shared advice on how to “survive and thrive” in these times for millennials, as well as people from generations X and Z. He continues to use his concept of “rich dad” which he allegedly met when his was a teenager. The “everything bubble” message, advice on how to survive Kiyosaki mentioned that after his recent tweets where he wrote about “the everything bubble” he…
The crypto market has been rallying up since last week, and the XRP community is also awaiting major price gains. Consequently, XRP whales have started to stun the market with their epic moves and strategic market shifts. Crypto tracking service Whale Alert has detected a huge XRP purchase from one notable whale. Whale Alert tweeted that 40 million XRP tokens were transferred by this investor from crypto exchange Bybit to its private wallet. This XRP transfer is estimated to be worth around $23.3 million, based on the current XRP price. This massive XRP purchase is expected to inject bullish momentum…