Author: NBTC
Cryptocurrency trader and analyst Ali Martinez, famous for his frequently posted crypto price predictions on the X platform, has published a chart that shows a staggering Bitcoin sell-off as the leading digital currency made a price increase. As Bitcoin rose by 5.25% and reached the $57,520 zone earlier today, short-sellers, Martinez revealed, rushed to dump a massive 14,816 chunk of Bitcoin, selling it for almost $850,000 million. He tweeted to his X followers: “Short-term #Bitcoin holders seized the recent price jump to offload approximately 14,816 $BTC, valued at nearly $850 million!”, sharing data provided by CryptoQuant. Short-term #Bitcoin holders seized…
On September 23, the cryptocurrency market saw significant daily gains, with several tokens making impressive jumps in value. $STRDY is leading the charge in the crypto market. It surged by an impressive 120.5%, according to data from Phoenix, a crypto media outlet. This substantial increase highlights the growing interest in this particular token. DAILY GAINERS$STRDY +120.5% $CEL +38.3% $KILT +32.0% #VIRTUAL +26.7% $AIT +25.1% $PAAL +23.6% $ALT +17.4% $TAO +17.1% $ARKM +15.6% $REEF +15.4%#dailygainers pic.twitter.com/lSn2mV9umK — PHOENIX – Crypto News & Analytics (@pnxgrp) September 23, 2024 Following $STRDY, $CEL Jumps 38.3%, Reflecting Growing Investor Confidence After $STRDY, $CEL jumped by…
The Nigerian government officially dropped all charges against Tigran Gambaryan, a high-ranking executive at Binance Holdings, according to a recent report from Business Insider Africa. Gambaryan, a U.S. citizen and former IRS agent, had been detained since April on allegations of money laundering and operating an unlicensed financial institution. The charges were formally withdrawn by the Economic and Financial Crimes Commission (EFCC) during a session at the Federal High Court in Abuja. Background: The Arrest and Detention Gambaryan was arrested in February 2024 while visiting Nigeria to discuss regulatory matters concerning Binance. His arrest came alongside that of a colleague,…
Binance has announced that it will support the upcoming Viction (VIC) network upgrade and hard fork, scheduled to occur on October 29, 2024 at block height 86,158,494. Key Details: Suspension of Deposits and Withdrawals: Binance will suspend deposits and withdrawals of VIC tokens starting at 10:00 AM on October 29, 2024 to ensure a smooth transition. Network Upgrade Time: The upgrade is expected to occur around 11:00 AM. Post-Upgrade Tokenomics Changes: Increased Supply: The total token supply will increase from 100,000,000 to 210,000,000 tokens. Instant Circulation Increase: An additional 20,000,000 tokens will be added to the circulating supply immediately following…
As of right now, Bitcoin is trading below important resistance levels, and a lot of investors are focusing on the $60,000 mark as the next big target. But in order for Bitcoin to get there, three things must line up perfectly. Short orders with high leverage The liquidation of high-leverage short orders is one of the main factors pushing up the price of Bitcoin. A short squeeze results from numerous traders being compelled to liquidate their leveraged positions as BTC gets closer to higher price levels. Since they are compelled to do so, the price of Bitcoin is forced higher.…
An early investor of Shiba Inu (SHIB), has scored a significant profit via a SHIB rival meme coin. This unrealized profit in just five days by capitalizing on the recent surge in Neiro (NEIRO) price. The crypto investor, who previously garnered attention for making $145 million from SHIB trades in 2021-2022, continues to diversify their portfolio across several high-potential altcoins. Shiba Inu Whale’s NEIRO Surprise On September 18, the SHIB whale swapped 1,003 Ethereum (ETH) worth $2.31 million for 2.86 billion NEIRO tokens, despite the meme coin already registering a 17x price increase at the time. According to SpotOnChain, an…
Meme tokens may be hot, but gaining listings on centralized exchanges is still a tough process. When it comes to Upbit, a listing may be a form of vetting the token for slightly higher reliability. Upbit, one of the leading South Korean markets, can give a boost to new assets after listing. However, the market has been relatively conservative in expanding its selection. Upbit still lists hundreds of altcoins and tokens from previous bull markets, but has been cautious even about leading meme tokens. Upbit listed BONK after rising demand, with trading from October 22. PEPE and BRETT were only…
Vocal Bitcoiner and co-founder of MicroStrategy juggernaut Michael Saylor has taken to his account on the X social media platform (formerly popular as Twitter) to send a crucial message to the millions of his followers. Epic “Matrix” and “Orange pill” message from Saylor This message came after the world’s largest cryptocurrency in terms of market capitalization, Bitcoin, finally managed to recover by more than 5% – BTC surged from $54,600 to $57,520 in less than 24 hours, adding almost three thousand US dollars. By now, however, Bitcoin has dropped after showing some more volatility. At the time of this writing,…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Solana Breakpoint wrapped up over the weekend, ending the most illuminating couple of days Solanaland has seen in some time. The conference has been hyped for months, and on the content side, it delivered. We got details on Solana Mobile’s new phone, Firedancer’s testnet phase, Jupiter’s mobile app, and even Iggy Azalea’s new crypto-native online casino. Several threads outlined the litany of announcements that came out of Breakpoint. But for today’s edition, I’m going to dive into three questions…
In a recently published tweet, Ripple CTO David Schwartz, known on the X social media network as @JoelKatz commented on an X post by another user and added his comment which most likely refers to the legal overreach of the US Securities and Exchange Commission regarding crypto and “unregistered securities.” The XRP army supported Schwartz in trolling the SEC and its chairman Gary Gensler. “Accepting an offer of a contract?” X user @jeremyjudkins_ posted a photo of himself holding a branding iron with a Tesla logo on it. He tweeted that he would brand his backside with that if the…