Author: NBTC

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,750 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price found support near the $65,500 zone. A low was formed at $65,531…

In the recent trading sessions, Ethereum has been trading higher. It has even reached the $3,400 level, which we can attribute to the start of the new uptrend. However, technical indicators are indicating a short-term bearish trend in the market, though the long-term is bullish. Despite this, analysts remain bullish in the long run. Some have set lofty targets of $6k targeting Ethereum. But at the same time acknowledging that Ethereum is likely to have to go through retesting at certain levels. – Advertisement – Strong Bullish Momentum with Overbought Signals Ethereum price has been rising constantly in the last…

SINGAPORE, Nov 14 (Reuters) – The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko. That puts it above the heady days of 2021, when pandemic-era stimulus pumped up speculative investments, and marks a stunning revival from just a few months ago when crypto prices…

MakerDAO community members are going to the polls to express their opinion on what to do with the Sky brand. In an interview with CoinDesk, MakerDAO founder Rune Christensen didn’t express a strong opinion on the branding but rather said the community should make a firm decision and then go back to building. While Americans head to the polls today to pick a new president, MakerDAO token holders have their say on the protocol’s brand. Voting is open for MKR token holders to gauge their opinion on whether MakerDAO should “re-center” the Maker brand and drop the new “Sky” moniker,…

Bitcoin bulls have again reignited momentum in the BTC market over the weekend, propelling its value upward by over 2% and pushing it back into the $68,000 range. This bullish resurgence follows a sharp dip to $65.5K on Friday, marking a pivotal turn after a brief period of bearish pressure. Now, with sentiment shifting in favor of the bulls, eyes are on the $70,000 resistance level, where a possible new all-time high may lie within reach. BTC Price Action CoinMarketCap data reveals a transition in the cryptocurrency’s price action over the past 24 hours, as bearish pressure gave way to…

Ethereum trades in the $3.2K range, with a brief 1.47% spike. ETH experienced a liquidation of $88.74 million in the market. The surge in crypto asset prices ignited a bullish sentiment in the cryptocurrency market. Notably, the global crypto market cap currently settles at $2.99 trillion, with a 3.64% increase over the day. Bitcoin (BTC) hit its new all-time high of $93.4K, which lifted the crypto market. Despite the surge, the largest altcoin Ethereum (ETH) struggles to break the crucial $3.5K mark after crossing the $3.2K mark. The altcoin began a downside correction and is now consolidating and facing obstacles…

Institutional investors are demonstrating increased confidence in digital assets, with 57% planning to boost their cryptocurrency allocations despite ongoing market volatility, according to Sygnum’s Future Finance 2024 survey released today (Thursday). The survey, which polled over 400 investment professionals across 27 countries, reveals a significant risk appetite among institutional investors, with 63% assessing their risk tolerance as high or very high. More than half of respondents maintain portfolio allocations exceeding 10% in digital assets. Single token investments remain the preferred strategy at 44%, closely followed by actively managed exposure at 40%. The primary motivation for crypto investment is exposure to…

Overview of GSR Markets’ Recent Crypto Transfers to Binance GSR Markets, a prominent crypto market maker, recently made a significant deposit of 8.589 million ENA tokens, valued at $2.83 million, into Binance. The transaction was reported by on-chain analyst The Data Nerd on X, and it marks one of several major transfers by GSR Markets within the last 24 hours. The firm also transferred 820,000 RENDER tokens (worth $3.57 million), 1,675 ETH (valued at $4.07 million), and 8,000 SOL (approximately $1.31 million) into Binance, suggesting a potential increase in trading or liquidity activity across these assets. These high-value deposits indicate…

Furahaa Group, a French plant-based fast-food ledger, has taken a bold step into the digital investment landscape by listing its token $FURA on the INX platform. The launch is scheduled for November 20, 2024, at 12:00 PM GMT +2. The listing aims to enable global investors to access fractional ownership of Furahaa’s equity through a blockchain-based marketplace, INX. The Vision of Furahaa Group for Sustainable Growth The collaboration with INX, a regulated platform for digital securities, marks a pivotal moment for Furahaa Group, which has grown quickly since its inception in 2015. The company which is known for its affordable…

DWF Labs’ Recent ORBS Token Transfer In a recent blockchain transaction, a wallet linked to DWF Labs moved 150 million ORBS tokens, valued at approximately $3.43 million, to a new wallet address. This transfer, which took place about three hours ago, was reported by on-chain analysis platform Arkham. The transaction highlights another strategic movement of assets by DWF Labs, a notable player in blockchain investments and cryptocurrency market-making. The transfer of such a large volume of ORBS tokens has drawn attention within the crypto community, as significant token movements by prominent firms like DWF Labs can impact market sentiment. It…