Author: NBTC

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,420 support zone. Ethereum Price Faces Rejection Ethereum price started a decent increase above the $3,550 resistance. ETH even cleared the…

As Bitcoin (BTC) faces a sudden drop, legendary trader Peter Brandt has shared his insight into market turns and the impact of maintaining “over-sized” positions. According to Peter Brandt, periods of market turns are where traders face the biggest financial losses and emotional stress. Market turns occur when an asset records a sharp shift in direction. While these market turns and drawdowns cannot be ruled out in a standard trading session, Brandt has always advocated conservative bets. The current market with spot Bitcoin ETF as a catalyst is quite volatile. Though market experts believe the inflow of funds into the…

Plexus, a well-known cross-chain DEX aggregating forum, has started a partnership with Nitro Bridge. The collaboration with the cross-chain bridge focuses on the integration that will potentially improve the platform in terms of its cross-chain connectivity. Plexus announced this move on its official X account. 🚀 Breaking Boundaries: PLEXUS Now Integrated with Router’s Bridge, Nitro! 🌐📷Exciting news! PLEXUS has seamlessly integrated @routerprotocol Bridge, Nitro, marking a significant step forward in cross-chain connectivity.Explore diverse blockchain networks effortlessly,… pic.twitter.com/u3Z8rKxbUI — PLEXUS | We’re Hiring! (@plexus_fi) April 11, 2024 Plexus Partners with Nitro Bridge to Offer a Matchless Cross-chain Connectivity The firm noted…

Singapore — HTX Ventures continues its stride towards shaping the future of blockchain technology with a strategic investment in Monad Labs, a trailblazing force behind the development of the high-performance Monad blockchain. This investment reaffirms HTX Ventures’ steadfast dedication to fostering innovation within the Web3 landscape and supporting initiatives aimed at overcoming critical challenges within the industry.—At the heart of this collaboration lies the Monad blockchain, a cutting-edge Layer-1 platform renowned for its innovative rearchitecture of the Ethereum Virtual Machine (EVM). Designed to tackle Ethereum’s throughput limitations, Monad aims to empower decentralized applications (DApps) for widespread adoption. Promising Ethereum’s versatility…

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXCListings:Shiboo (SHIBOO)Grok Cat (GROKCAT)Index Coop (INDEX)Decentralised Cloud Infrastructure (DCI)Axo (AXO)Tensor (TNSR)Pixel Island (PIXL)Doge Mob (DOGEMOB)Gaga (GAGA)AIChainMatrix (AICM)Energy Web (EWT)BOMX (BOMX)R Games (RGAME)Unibit (UIBT)SolSpend (SPEND)HanChain (HAN)CatCoin (CATCOIN)TensorSpace (TPU)HODL (HODL)MetaDOS (SECOND)Musk Dao (MUSK)Sword of Zeus (ZEUS1)Gatsby (GATSBY)AI Dragon (CHATGPT)Fash Protocol (FLASH)Moon Inu (MOONINU)Dopamine (DOPE)Perpy (PRY)Monkey Empire (MKC)Ansems Cat (HOBBES)Origin Protocol (OETH)Ring AI (RINGAI)cat in a dogs world (MEW)MeowthWifHat (MEOWTH)Gradient Token…

The SEC has until the end of May to complete its review of the Ethereum Spot ETF, following a delay in its original decision date in March. Companies like BlackRock, Fidelity and VanEck, which have launched spot Bitcoin ETFs this year, were eagerly awaiting approval for an ETH product. However, some applicant companies are not sure that the SEC will green light their ETH applications. “We were also the first to apply for Ethereum in the US, and we and Ark Invest CEO Cathy Wood back in May,” VanEck CEO Jan van Eck told CNBC’s Arjun Kharpal at the Paris…

Samson Mow, former CSO at Blockstream and now chief executive officer at Jan3, has taken to the Twitter/X social media platform to share his thoughts on the recent address of his former boss Adam Back to Roger Ver. These are two famous figures in the Bitcoin space. Back is a “Satoshi candidate” – a cypherpunk and cryptographer who corresponded with Satoshi Nakamoto before Bitcoin was launched. Roger Ver used to be an early Bitcoin evangelist who was called “Bitcoin Jesus” but he later got disappointed in BTC and switched to advocating Bitcoin Cash (BCH). Recently, Ver has co-authored a book…

Lending application Zest Protocol has officially launched its first lending markets on Bitcoin’s (BTC) layer-2 (L2) platform Stacks, allowing BTC holders to participate in on-chain money markets. This development comes ahead of Stacks’ Nakamoto upgrade, set to boost the Bitcoin finance (BTCfi) ecosystem built using its infrastructure. “A resilient capital market will be a major factor in Bitcoin reaching the next billion users,” said Muneeb Ali, co-founder and CEO of Trust Machines, who incubated Zest Protocol in its early stage. “The team at Zest is mission-driven to make Bitcoin a truly viable global reserve asset in the next decade. This…

Binance Margin, the margin trading platform of leading cryptocurrency exchange Binance, announced that it has significantly expanded its asset offerings. Binance Margin Expands Offerings with ASR, ATM, FIO, JUV, WAN and More BTC, FDUSD and USDC Pairs Binance Margin introduced many new features in its latest update, including AS Roma Fan Token (ASR), Atletico de Madrid Fan Token (ATM), FIO Protocol (FIO), Juventus Fan Token (JUV) and Wanchain (WAN). added the asset as loanable and collateral assets in both Cross and Isolated Margin. Additionally, the platform introduced new trading pairs in Bitcoin (BTC), FDUSD and USDC, available on Cross and…

Popular liquid staking platform Ether.fi has maintained its lead as the top platform in the sector, with over $3.74 billion in total value locked (TVL). According to data from the block, the platform is managing over 1.03 million ETH, significantly higher than its competitors. The closest to this is the Renzo protocol, which manages $2.9 billion in user deposits as of April 9—a hefty difference. The liquid restaking sector has witnessed massive growth over the past months. The surge has been primarily attributed to deposits on the EigenLayer protocol. Ether.fi alone has received more than $1.5 billion worth of deposits…