Author: NBTC

Ethereum price is again moving higher above the $3,800 resistance. ETH is now consolidating near $3,850 and is eyeing an upside break above $4,000 in the near term. Ethereum started a fresh increase above the $3,750 resistance. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,540 support. Ethereum Price Remains Supported for More Upsides Ethereum price remained stable above the…

Panos Mekras, co-founder of Anodos Finance, recently took to the X social media network to clear up the main misconceptions about the XRP Ledger’s Automated Market Maker (AMM) feature. As noted by Merkas, providing liquidity should be seen as a separate income strategy, meaning that users do not have to add the XRP tokens that they intend to hold. “As a liquidity provider, you care about income and fees earned by the trading activity. It’s better if you don’t care if you end up with more on one side and less on the other. Total profit is what matters,” he…

Unlike banks, which require know-your-customer (KYC) information prior to opening an account, a significant number of crypto exchanges offer tether (USDT) bonuses for submitting KYC information like name, address, ID card, and contact information. To be clear, these KYC bonuses are not account opening bonuses. In many cases, crypto exchanges allow customers to open small accounts and trade without submitting any KYC information. Moreover, the tether bonus doesn’t require any bank-like task, such as signing up for direct deposit or holding a large initial balance. Rather, this tether bonus is simply for submitting a valid ID card. Therefore, although it’s…

peaq, a leading layer-1 blockchain for Decentralized Physical Infrastructure Networks (DePIN) and Machine Real-World Assets (RWAs), announces the integration of DATS Project into its ecosystem.— DATS Project is pioneering a decentralized cybersecurity network composed of over 1,000 computers that pool their computational power and bandwidth to create a robust cybersecurity engine. Participants in this network earn rewards for their contributions while providing a range of security services to both Web3 and Web2 clients, including simulated attacks and vulnerability scans. As part of this integration, DATS Project will deploy its DePIN on peaq and launch its native token on the platform.With…

Bitcoin and other major cryptocurrencies experienced a sharp decline yesterday, disrupting levels that have been consistent for most of this week. The upcoming Bitcoin halving event, which will reduce the token supply, is seen as an important trigger for cryptocurrencies. “Bitcoin seems to have seemingly lost direction,” said Yuya Hasegawa, an analyst at crypto exchange Bitbank. Despite the uncertainty surrounding the FED’s future interest rate decision, Hasegawa believes Bitcoin has the potential to test $74,000 in the short term. The halving event, a scheduled change in Bitcoin’s monetary policy scheduled for around April 20, will halve the issuance of new…

Arthur Cheong, founder and CEO of Defiance Capital, has predicted that the price of Ethereum (ETH) could potentially hit $4,500 even before the launch of spot ETFs. At press time, Ether is trading at $3,885 after adding 3.6% over the past 24 hours, according to CoinGecko data. As reported by U.Today, the SEC greenlit 19b-4s listing requests from a slew of Ethereum ETF issuers last week in a stunning U-turn. Prior to that, leading ETF industry analysts as well as major banking players of the likes of Standard Chartered claimed that these products were unlikely to be approved. After the…

Cryptocurrency analysis platform Coin98 conducted an in-depth analysis of each Binance Launchpool, revealing which tokens are more profitable to stake. Since 2020, 51 projects have been listed on Binance Launchpool and 4 projects on Binance Launchpad. The number of Binance Launchpool projects has been growing steadily for the last three years. Remarkably, 12 projects were listed in just the first four months of 2024. The sectors to which the projects listed on Binance Launchpool belong have changed over the years: 2020: DeFi 2021: Gaming, Fan Token, Infrastructure, Layer 1, DeFi 2022: Gaming, DeFi 2023: DeFi, Infrastructure, Layer 1, AI, Meme,…

Binance is thrilled to announce the second project on their Megadrop platform – Lista (LISTA). Lista is a liquid staking and decentralized stablecoin protocol. Here’s your chance to earn free LISTA tokens before it even hits the exchange! How to Participate in the Lista Megadrop Mark your calendars! The Lista Megadrop starts on May 30th, 2024, at 00:00:00 UTC and runs until June 19th, 2024, at 23:59:59 UTC. Maximize your rewards: To get the most out of your Megadrop experience, consider locking your BNB in advance. Hourly snapshots will be taken throughout the Megadrop period to determine your Locked BNB…

Web3 data analytics platform Dune launched today the Dune Catalyst, an enterprise-grade service designed to streamline blockchain data integrations, making data readily available to the crypto community. The emergence of layer-2 and layer-3 networks has given rise to numerous new blockchains, creating new challenges for the community to analyze this new information flow. Dune Catalyst addresses this issue by facilitating easier integration with Dune’s platform. “The future is unquestionably multichain,” said Fredrik Haga, CEO and co-founder of Dune. “By providing a new data structure standard, Dune Catalyst helps burgeoning blockchains make their data publicly accessible faster without data indexers’ backlogs,…

Bitcoin’s 4th halving event is scheduled to occur on April 22nd, at event block height 840,000. As each block, containing executed transactions, is mined, it is stamped with a block height, noting how many blocks have been generated before the latest one. This way, block heights create a chronologically ordered digital ledger, granting Bitcoin its mantle of decentralized transparency and security against double-spending. This also makes it instrumental in imposing the embedded halving logic on the entire Bitcoin network, occurring every 210,000 blocks. Bitcoin halving is there as an algorithmic monetary policy. Unlike the arbitrary central banking, halving predictably controls…