Author: NBTC
Ethereum price is consolidating gains above the $2,550 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum started a fresh increase above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rally if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Eyes More Upsides Ethereum price remained stable above the $2,550 pivot level like Bitcoin. ETH cleared the…
Robert Kiyosaki, financial expert, entrepreneur famous for authoring the popular “Rich Dad Poor Dad” book on financial self-educating, has published a tweet in which he described the current tough times, mentioning market bubbles and inflation. He shared advice on how to “survive and thrive” in these times for millennials, as well as people from generations X and Z. He continues to use his concept of “rich dad” which he allegedly met when his was a teenager. The “everything bubble” message, advice on how to survive Kiyosaki mentioned that after his recent tweets where he wrote about “the everything bubble” he…
The crypto market has been rallying up since last week, and the XRP community is also awaiting major price gains. Consequently, XRP whales have started to stun the market with their epic moves and strategic market shifts. Crypto tracking service Whale Alert has detected a huge XRP purchase from one notable whale. Whale Alert tweeted that 40 million XRP tokens were transferred by this investor from crypto exchange Bybit to its private wallet. This XRP transfer is estimated to be worth around $23.3 million, based on the current XRP price. This massive XRP purchase is expected to inject bullish momentum…
In an interview with MNBC, billionaire entrepreneur and investor Mark Cuban recently shared his thoughts on the political landscape, particularly concerning Donald Trump and the influence of whales in shaping policies. Cuban criticizes Donald Trump’s transactional approach to cryptocurrency, suggesting his support is driven by politics rather than genuine interest. Mark Cuban says ‘Big Crypto’ owns Donald Trump. pic.twitter.com/duSXoSeU9R — Altcoin Daily (@AltcoinDailyio) October 15, 2024 The Transactional Nature of Trump Cuban pointed out that many business leaders are backing Trump so that they can manipulate him to serve their interest in the future. He described Trump as “transactional”, suggesting…
Crypto.com, a global cryptocurrency exchange, and BENEFIT, the leading financial technology (fintech) provider in Bahrain, have entered into a dialogue to strengthen the Bahraini fintech ecosystem, as disclosed to Finbold on Tuesday, October 15. The two companies signed a Memorandum of Understanding (MOU) at Bahrain’s Fintech Forward event on October 3, 2024, setting the stage for a potential future partnership. Strengthening Bahrain’s fintech ecosystem BENEFIT brings its extensive experience as the largest financial transaction network in the country, while Crypto.com leverages its global reputation as a leading crypto trading platform. The partnership will explore solutions pertaining to payment integration and…
Over the past month or so, Bitcoin has fallen while the Nasdaq and S&P 500 have gained. Will the bulls be back after the spigots turn up the overnight cash markets? Bitcoin is down by 6% over the 30 days ending Friday, Sept. 13, while the Nasdaq Composite is up 3.7% for the month’s trades and the benchmark S&P 500 Index is up 4% over the same period. So what gives with Bitcoin? Is Wall Street putting bearish selling pressure on crypto prices with outflows from the Bitcoin ETFs and going shopping with the money for NVDA, TSMC, and ASML…
Analyst predicts ETH/BTC will bottom in Q4 2024, with Ethereum facing short-term weakness before potential recovery in 2025. Ethereum’s price is at a pivotal point, testing the $2,700 resistance zone after a surge of over 10% in the past week. This important juncture has attracted attention from analysts who foresee potential price fluctuations. Despite the recent price rally, a market watcher anticipates Ethereum will face further declines before the end of 2024. Benjamin Cowen, CEO of Into The Cryptoverse, has drawn attention to the ETH/BTC pair’s long-term movement. ETH/BTC Breakdown and Historical Parallels Cowen has been vocal about Ethereum’s relationship…
Digital asset prime brokerage FalconX has launched an auto-liquidation service designed to enhance capital efficiency for crypto mining firms in the Asia-Pacific region, following a turbulent two years that have strained the sector. The service, part of the firm’s broader platform rollout targeting the industry, is designed to help miners operating in capital-constrained environments manage liquidity more efficiently. Its offering automates the conversion of crypto mining rewards, including Bitcoin, Litecoin, and other proof-of-work tokens, into U.S. dollars, the company shared exclusively with Decrypt. FalconX said the service would streamline miners’ operations by enabling faster reinvestment into their businesses, removing the…
According to a post by blockchain analysis platform Spot On Chain, whales are accumulating NEIRO intensively. According to X sharing, data shows that Neiro Ethereum (NEIRO) is currently in an accumulation phase. Accordingly, a whale (0x6ab) accumulated 17.7M NEIRO in the last 7 days at an average price of $0.086. Whale 0x9Ba bought 17.5M NEIRO at $0.154 on September 6. While this whale is profitable in FET investments, he is not doing well in memecoin investments. Whale 0xAB5 also bought 6M NEIRO, while whale 0x1ED bought 8.6M NEIRO at $0.116. He sold some of it without making a profit and…
Ripple CTO David Schwartz expresses cautious optimism about U.S. Vice President Kamala Harris’ campaign promises to establish rules for crypto protection. As part of efforts to gain the support of black Americans, Harris, who is vying to become the 47th president of the United States, announced her support for the black community. She disclosed that her administration will protect crypto by establishing rules for the industry. According to her campaign, 20% of black Americans have had dealings with cryptocurrencies. As a result, there is a need to protect the industry. XRP Enthusiasts React as Ripple CTO Refers to Harris Campaign…