Author: NBTC
Ethereum is trading at $2,647.08 as it approaches a critical resistance level, analysts are expecting more rise if it breaks this level. Momentum is slightly bullish based on the technical indicators. The ascending support levels and moving averages show support for an upward movement. Analysts predict that a move above $2,800 could see Ethereum to $3,500. Technical Indicators Signal Mild Bullish Momentum Currently, Ethereum has a 0.46% slight pullback. The 9-dat MA (2,555.99) is below the 21-day MA at $2,579, signaling a possible bullish move. – Advertisement – 1-day Ethereum trading chart| Source TradingView Recent crossovers indicate upward momentum. The…
Since the start of 2024, the metrics of The Open Network (TON) ecosystem have skyrocketed by hundreds or even thousands of percent. This unprecedented growth was driven by Telegram, specifically by mini-apps in the messenger that are built on TON. Here are the most anticipated airdrops this fall in the TON network. Catizen When: September 24 Amount: 430 million CATI Catizen is a project in the tap-to-earn segment, operating as a mini-app in Telegram. Since its launch, the game has attracted over 34 million users and generated $26 million in in-game purchases. The Catizen team has planned the launch of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Blockchain is reshaping gaming economies, turning players into stakeholders and introducing new earning opportunities Table of Contents Play-to-Earn: The New Gaming Economy Virtual Real Estate: The Digital Land Rush In-Game Currencies and Token Economics Cross-Game Asset Transfer and Interoperability AI Integration and Procedural Content Generation Community Governance and Game Development Challenges and Future Considerations Conclusion The intersection of cryptocurrency and gaming has sparked a revolutionary transformation in how players interact, earn, and own digital assets. While traditional crypto markets…
As Bitcoin falls under $57K with the US market sell-off, will $53K support stand strong to avoid a correction to $50K? With a boost in the bear cycle, the price of Bitcoin fell under the $57,000 mark, with a massive crash of 2.77% on Wednesday. The downfall aligns with multiple bearish catalysts in the global and ETF markets. As the deteriorating sentiments warn of an extended correction, Bitcoin hangs by a thread above $56,000. Will the correction phase lead to a test of bullish dominance at the $50,000 mark? Negative Turn For Bitcoin Price In the daily chart, the Bitcoin…
A smart trader with a remarkable trading track record bought $18.8 million of Ethereum (ETH) today, November 1. This action highlights an extremely bullish stance from the smart trader, who currently has a 100% win rate with ETH. Notably, the smart trader uses five wallet addresses as Lookonchain identified and consolidated, reporting it in a post on X. According to the analyst, this entity has traded ten times from August 12 to September 28, “making money every time.” In particular, “he” previously amassed around $2.14 million in profits trading ETH against the dollar. Since October 14, the smart trader has…
With increasing AI integration, these 5 tokens are primed for a potential 10X surge. With strong AI groundwork, tokens like ICP, FET, NEAR, GRT, & RENDER could surge in price soon.. The cryptocurrency world is rapidly evolving, and AI-driven cryptocurrencies are leading this transformation. Among the many digital assets gaining attention, five tokens stand out for their potential to revolutionize AI integration with blockchain technology. These tokens have the potential to experience a 10x surge in value over time, reflecting their growing importance in this space. Top 5 AI Token To Hands-On Internet Computer (ICP) Internet Computer (ICP) has been…
Hamster Kombat fans are still waiting for the hit Telegram game’s promised second season following the September token drop, but a release window given by the developers has come and gone—and the HMSTR token keeps sinking in the meantime. HSMTR, minted on The Open Network (TON), hit a new all-time low price of $0.0025 on Friday, per data from CoinMarketCap. It’s now down 11% over the past week at a current price of $0.0026, rebounding slightly from the Friday low. The price of the Hamster Kombat token has fallen sharply since the September 26 launch and airdrop, and is about…
In a recent article, Arthur Hayes outlined a bleak outlook for Bitcoin, suggesting that in the worst case, it may gradually decline to the $50,000 mark. The previously-bullish Hayes is now modifying his forecast, saying that the market will stay bearish in the near term, especially until late September. He predicts that Bitcoin will only slightly increase during this time, while altcoins will probably see much larger drops. His logic is based on macroeconomic elements like the U.S. government’s spending patterns and the futile tightening policies of the Federal Reserve. According to Hayes, as 10-year Treasury yields approach the risky…
The Ethereum Foundation launched the Argot Collective — a long-term, non-profit organization for Ethereum software development. However, the initiative has sparked controversy, especially among proponents of the Vyper programming language. Curve Finance Founder Michael Egorov Slams Ethereum Foundation The Argot Collective shared the announcement, revealing a structure to support Ethereum-related projects for up to a decade, with the backing of long-term grants. Based on the blog, Argot’s mission is to foster a non-hierarchical, democratically governed environment that promotes software development for the Ethereum ecosystem free from commercial pressures. Argot will focus on several projects, including Solidity, Fe, and other Ethereum…
BitMEX founder Arthur Hayes reportedly says that layer-1 blockchain Aptos (APT) is capable of solving many problems for the traditional finance (TradFi) world. In a speech at the recent Aptos Experience conference in Seoul reported by Aptos co-founder Mo Shaikh, Hayes says that his experience in the TradFi world showed him how antiquated the industry is, with large amounts of friction and frequent disputes over settlement delays, currency payments and stock deliveries. The crypto veteran says that a world where TradFi products trade on an Aptos-based decentralized exchange (DEX) could change that. “As an ETF (exchange-traded fund) issuer, you don’t…