Author: NBTC
Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights at a very fast pace. For the most part, the cryptocurrency community is concerned about the way that Bitcoin’s price has performed during the last week. Nonetheless, Doctor Profit’s latest weekly update on the crypto market and Bitcoin has provided optimism for investors within the crypto space. Bitcoin For A Massive Leg Up To $100,000 In his analysis, Doctor Profit explores the Life Cycle Assessment (LCA), psychological analysis, and technical analysis (TA) of…
Leading decentralized exchange Uniswap announced today it has expanded to the Blast network, a layer 2 solution offering native yield for ETH and the USDB stablecoin. The expansion enables Uniswap users to swap and provide liquidity with lower gas costs and faster transaction speeds compared to the Ethereum mainnet. Ready for takeoff Uniswap is now live on Blast💥 pic.twitter.com/uukRWHnY8K — Uniswap Labs 🦄 (@Uniswap) April 2, 2024 “This launch marks the first time Uniswap users can earn native yield on LP positions, due to Blast’s rebasing functionality,” said Uniswap in a Tuesday announcement. To access Uniswap on the Blast network,…
An analyst predicts a further Ethereum price retrace below $3,000 due to thin support levels, as the asset declined 6% in 24 hours. On April 2, the second-largest digital token, Ethereum (ETH), traded below $3,300 for the first since early March following a broad downturn in crypto markets. The total crypto market cap lost 4.4% of its value and fell to $2.6 trillion on April 2, per CoinGecko. According to analyst Ali Charts, ETH’s correction beyond the $3,460 level may be problematic for crypto bulls targeting higher prices. The researcher cited IntoTheBlock data indicating support levels the token may consolidate…
The first season of Crypto: The Game was a viral, “Survivor”-inspired phenomenon that had players around the world competing in online and IRL challenges for a chance to win a prize pool of $115,000 worth of Ethereum (ETH). And everything is apparently bigger the second time around. Tickets to play in season 2 of Crypto: The Game are available today for a season with more players, big industry sponsors, and new on-chain game mechanics—and it’s all happening on Ethereum scaling network Base. But with everything kicked up a couple notches, can the new season recreate the same viral magic that…
MEXC, one of the world’s largest cryptocurrency exchanges, has announced the listing of the GRAM token from the TON ecosystem. GRAM is often referred to as the “Bitcoin for Telegram” within the community, and its price has skyrocketed by 28,000 times since its launch in January. The spot trading pair GRAM/USDT is now available on MEXC, following rumors of the listing circulating in the project’s Telegram channel. Users have noticed significant transfers of GRAM, with over a million tokens being sent to wallets on MEXC and OKX, another major cryptocurrency exchange. With a daily trading volume exceeding $2 billion and…
Animoca Brands Japan, a subsidiary of the global blockchain and gaming company Animoca Brands, has announced its full-scale support for expanding overseas Web3 projects into the Japanese market. This strategic move underscores the increasing significance of Japan in the global Web3 ecosystem and aims to foster innovation and collaboration within the country’s burgeoning blockchain sector. The initiative by Animoca Brands Japan seeks to provide comprehensive assistance to overseas Web3 projects seeking to establish a presence in Japan. This support encompasses various aspects, including regulatory compliance, market entry strategies, localization efforts, and partnership facilitation. It is challenging for foreign businesses and…
Samson Mow, Jan3 chief executive and a vocal believer that Bitcoin will ultimately reach the $1 million level, has made a bullish prediction regarding spot Bitcoin ETFs for this week. Mow’s bullish ETF prediction Exchange-traded funds based on the spot Bitcoin price were approved by the SEC regulator in the middle of January after many months of anticipation by the companies that launched those funds and the whole global Bitcoin community. Since the trading began, ETFs started scooping up monstrous amounts of Bitcoin from the market. On peak days, these purchases went as high as more than 10,000 BTC. The…
Renowned cryptocurrency tracking platform Whale Alert, which traces large crypto transactions and shares their details on the X social media app (formerly widely known as Twitter) has announced that more than a hundred million Dogecoin has been deposited to a popular investment platform Robinhood. On Friday, a slightly smaller amount of DOGE was moved to the same platform, according to the aforementioned tracker, which makes it approximately 200 million DOGE sent to Robinhood within the last two days. 200 million DOGE deposited to Robinhood, Elon Musk suspected Tweets published by the tracker show two massive amounts of crypto that were…
The FTX bankruptcy saga, which has ensnared over a million investors, may soon see a ray of hope. The estate’s goal is to kick off reimbursements by late 2024. This plan emerged from a recent gathering of FTX Digital’s Joint Official Liquidators in the Bahamas. They are navigating through a dual bankruptcy process in the United States and the Bahamas. FTX Aligns Bankruptcy, Liquidation for Creditor Ease The unraveling of FTX, prompted by the financial misdeeds of co-founder Sam Bankman-Fried, left many in despair. Yet, the bankruptcy proceedings, involving Chapter 11 in Delaware and official liquidation in the Bahamas, are…
Bitcoin mining businesses generated their highest-ever monthly revenue in March, raking in over $2 billion in block rewards and transaction fees. This shatters the previous record of $1.74 billion set back in May 2021. JUST IN: #Bitcoin Miners hit a record $2 billion in monthly revenue, highest ever. Halving coming in hot in 2 weeks 🙌 — Bitcoin Magazine (@BitcoinMagazine) April 2, 2024 Of the $2 billion earned last month, around $85 million came from transaction fees, while $1.93 billion was from the block subsidy. (Miners receive compensation both for validating transactions and minting new bitcoins.) The block subsidy, paid…