Author: NBTC

Bitcoin price retested the important resistance level at $65,000, driven by ongoing accumulation by whales and sharks and strong technicals. Bitcoin (BTC) has entered a technical bull market after rising over 21% from its lowest level this month. According to Santiment, this price action has been largely fueled by increased accumulation by whales and sharks. 🐳📈 Bitcoin has officially reached a $65K market value for the first time since August 1st. Continued whale and shark accumulation has undeniably been a factor, preventing BTC from seeing sustained drops. $4.08B in BTC has been accumulated by 10+ BTC wallets in 6 months.…

Ethereum co-founder Vitalik Buterin, whose every move is talked about, is on the agenda again with his ETH sale. According to the latest on-chain data released by Spot on Chain, Vitalik Buterin continues to sell ETH. At this point, the ETH price, which has shown great strength over the past week, has corrected by more than 2% and is facing selling pressure at $2,700. Accordingly, the wallet “0x556” associated with Vitalik Buterin deposited 649 ETH (worth $1.72 million) to Paxos in the last 24 hours. On September 19, the same wallet received 1,300 ETH (worth $3.21 million) from “0xd04,” another…

With the November elections approaching, both Democrats and Republicans are turning their attention to the crypto market. Expectations are high that crypto enthusiasts will play a crucial role as a decisive voter bloc in the upcoming elections. Inspired by Kamala Harris, the meme coin Kamala Horris (KAMA) surged significantly today. This article delves into the burgeoning relationship between politics and cryptocurrency, examining how digital currencies are influencing the electoral landscape. Crypto Leaders Engage with Democrats The Democrat party recently held a meeting with prominent crypto leaders, sparking intense discussions and reactions. Top figures such as Mark Cuban, Anthony Scaramucci, and…

Binance introduced a pre-market spot trading feature to enable cryptocurrency investors to buy and sell tokens before their official market listing. The new service enables users to trade tokens generated from selected Launchpool projects ahead of their spot market listings. According to the official statement, this approach targets Launchpool participants and promises to broaden the trading space for all Binance users. This feature provides early access to potential investments, allowing users to to establish positions before the tokens are listed widely. Pre-market trading periods will conclude at least four hours before the official spot trading, reportedly to ensure a structured…

Blockchain technology has seen explosive growth, revolutionizing industries such as finance, supply chain, and even art. Among the countless blockchain platforms that have surfaced, a few have stood out in the race for mass adoption — Bitcoin, Ethereum, Binance Smart Chain, and others. However, one blockchain that has increasingly gained traction is Solana. Known for its speed, efficiency, and scalability, Solana has been making waves in the cryptocurrency world, positioning itself as a superior blockchain when compared to many of its top-10 competitors. In this article, we’ll explore why Solana is better than most popular blockchains, highlighting its benefits such…

Bitcoin is flying high on Thursday, topping the $65,000 mark for the first time since the start of August. However, markets are bracing for an $8 billion Bitcoin options expiry tomorrow that could trigger a bout of volatility, according to analysts. This isn’t an all-time high for Bitcoin options expiries by any stretch. The final monthly expiry ahead of this year’s Bitcoin halving in April was $14 billion. But it’s still the second-largest monthly expiry sitting on the books for Deribit, which accounts for $5.8 billion worth of the Bitcoin options expiring. Approximately 20% of those contracts were “in the…

Ethereum’s price has dropped to $2,598, a 1.90% decline in 24 hours. The Ethereum Foundation sold 100 ETH for approximately 262,474 DAI. Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s market capitalization by 1.49%, now sitting at $316 billion, combined with a steady circulating supply of 120.37 million ETH, raises concerns among investors. These factors point to potential further corrections. Several large-scale whale transactions currently influence market sentiment. The most notable transfer involved a staggering…

VeChain’s advanced SaaS platform centralizes and innovates carbon data verification, driving operational efficiency. Real-world applications demonstrate VeChain’s pivotal role in global carbon management and sustainability. Following a CNF recent update on VeChain’s partnership with the Crypto Carbon Ratings Institute to advance sustainability and regulatory compliance, VeChain’s software-defined dual-carbon technology is reported to have the potential to transform traditional systems into more flexible and adaptable platforms, enhancing efficiency. VeChain revolutionizes carbon data verification with an advanced SaaS platform, centralizing control and separating data, which allows for improved operational flexibility and innovation. As noted: Software-defined dual-carbon technology enhances efficiency by providing comprehensive…

Users were confused by the news that FTX clients would receive between 10% and 25% of the value of the deposited crypto assets. Why did this happen? Sunil Kavuri, one of the creditors, recently said several other changes are also planned in the reorganization plan. One of the points, which concerns the amount of compensation payments to victims, raised questions in the community. Table of Contents What is known about the compensation plan The community speculates on the timing of compensation payments FTT Reacts With Growth Where did the client funds go? Victims are waiting, and the culprits are serving…

Few crypto abbreviations distill more weight than the letters ZKP. Zero-knowledge proofs are a powerful technology with a multitude of use cases, from financial privacy to identity verification. As understanding of this blockchain-adjacent tech has grown, so has the number of proposed applications for ZKPs. But despite its vast potential, adoption of zero-knowledge-based protocols has remained limited to a handful of Layer 2 networks so far. The reason for lagging adoption concerns some of the challenges that come with ZKPs, including the increased computational burden placed on blockchain networks. But web3 developers don’t give up easily and a number of…