Author: NBTC

Bitcoin (BTC) Price has reached a historic milestone, crossing $100,000 for the first time and achieving a market cap of $2 trillion. This makes BTC more valuable than Saudi Aramco and positions it close to Alphabet in market cap. With its EMA lines showing strong bullish momentum and key metrics indicating room for further growth, BTC’s current uptrend appears poised to continue. Bitcoin’s Current Trend Could Get Stronger Bitcoin DMI chart shows its ADX rising to 24.4 from 15 in just one day, signaling a strengthening trend. This increase suggests that BTC is transitioning from a weaker market condition to…

This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH has been permanently destroyed. Based on current exchange rates, the value of this burned ether exceeds $15.3 billion. A defining aspect of EIP-1559 is the mechanism that burns a portion of transaction fees, effectively reducing the circulating supply of ether. Ethereum’s $15.3B Burn Bonfire: Over…

Ripple mints 13 Million RLUSD Stablecoins on XRP Ledger and Ethereum Network. Minting costs on XRP Ledger totaled just 0.00048 XRP, showcasing scalability and cost-effectiveness. Ripple’s stablecoin testing triggers bullish momentum, pushing XRP price closer to $2.50 resistance. Ripple Labs has taken a big step forward with its RLUSD stablecoin after receiving approval from the New York Department of Financial Services (NYDFS). The company recently minted over 13 million RLUSD tokens across the XRP Ledger and Ethereum Network, marking a key phase in its mainnet testing. Ripple Minted 13 Mln RLUSD Token In recent tweet posts, Ripple Stablecoin Tracker highlighted…

Caduceus, a well-known innovator in the blockchain sector, has announced a thrilling collaboration with BASCAN.io. The partnership represents a landmark in boosting decentralized applications by offering exclusive on-chain functionalities. The platform announced this development on its official social media account. 🌈@Caduceus_CAD is excited to announce our partnership with @BASCAN_io 👑The BNB Attestation Service (BAS) is the only infrastructure and data standard built on the BNB ecosystem for generating attestation to proof everything onchain. 👏Together, we’ll unlock new on-chain… pic.twitter.com/uGGvoHkvOf — Caduceus (@Caduceus_CAD) December 18, 2024 Caduceus Collaborates with BASCAN to Advance Blockchain Integration into Diverse Markets Caduceus mentioned in its…

Bitcoin’s market capitalization has surged to $2.04 trillion, officially placing it ahead of nearly every company in the S&P 500. Its price was worth $101,791 at press time, and it hit an all-time high of $103,587 just this morning. The only giants worth more than Bitcoin right now are Apple and Microsoft. The apex crypto has managed to surpass Amazon, Alphabet, and even Nvidia in terms of market value. The broader crypto market also saw a sharp increase, with its total capitalization climbing to $3.5 trillion. Bitcoin is taking it this year Bitcoin is up 140% in 2024, with nearly…

Despite a $75.12 million outflow on December 20, Ethereum’s Spot ETF still holds $2.33 billion in cumulative net inflows. The flow patterns show fluctuations in market participation, with high inflows early in December followed by more balanced and declining flows. Ethereum’s Spot ETF continues to demonstrate resilience with a strong NAV, signaling continued investor interest in Ethereum-based investment products. New positions in Ethereum spot ETF products were seen on December 20, with products seeing a net outflow of $75.12 million. The current sum of net assets of Ethereum spot ETFs is $12.16bn, although recent action in the markets influenced capital…

Donald Trump-backed World Liberty Financial just increased its holdings of Chainlink’s LINK token. The project purchased another $1 million worth of LINK late Thursday, data shows, for the second straight day, increasing its LINK stash to $2 million worth of tokens. It additionally brought $246,000 worth of Aave’s AAVE, taking total token holdings to $1.2 million. Trump’s World Liberty(@worldlibertyfi) bought 37,052 $LINK($1M) at $27 and 685 $AAVE($246.7K) at $360 again.Since Nov 30, #WorldLiberty has spent:30M $USDC to buy 8,105 $ETH at $3,701;10M $USDC to buy 103 $cbBTC at $97,181;2M $USDC to buy 78,387 $LINK at $25.5;1.25M… pic.twitter.com/l9nnv9Ry94 — Lookonchain (@lookonchain)…

Ethereum has once again failed to reclaim the critical $4K resistance level, leading to a notable decline in price. However, the cryptocurrency has now reached a significant support zone, where a rebound followed by consolidation is anticipated. By Shayan The Daily Chart Ethereum’s $4K price region has proven to be a critical resistance zone over the past year, consistently halting bullish advances due to strong selling pressure. Most recently, the price faced another rejection at this level, triggering a significant sell-off. This decline was further fueled by Federal Reserve Chairman Jerome Powell’s remarks, suggesting the central bank might pause its…

Ripple is thrilled with the recent approval of RLUSD by New York regulators as they see stablecoins like RLUSD as crucial for improving cross-border payments and simplifying user integration into the XRP Ledger ecosystem. Ripple is also focused on enhancing the network’s functionality, driving adoption, and creating liquidity, with a particular emphasis on sectors like gaming. Aaron McDonald, CEO of Futureverse, talked about the current XRP market, noting the recent rise in XRP’s price and the strong support from its community. On The Paul Barron Network, he explained that although they joined Ripple during tough times, they believed in the…

In a groundbreaking development in the blockchain sector, TokenPocket has unveiled a blockchain-based Mastercard debit card. The TP Card targets to serve Asian users, bridging the gap between conventional banking and Web3 finance with an unparalleled solution for crypto-to-fiat payments. The platform took to social media to disclose the respective endeavor. 💳 TokenPocket Launches Mastercard Crypto-to-Fiat Service for AsiaBridging Web 3.0 to Everyday Payments!🎉 TokenPocket has officially launched the blockchain-based Mastercard Swiss bank debit card, now open for Asian users! With support for fully decentralized top-ups and… pic.twitter.com/JV9aU2cq80 — TokenPocket (@TokenPocket_TP) December 19, 2024 TokenPocket’s TP Card for Unparalleled Payment…