Author: NBTC
Despite the Superbowl drawing bags of attention in the US, it seems that Edward Snowden finds the current Bitcoin price increase much more interesting to watch. This is what his recent tweet is about. Watching Bitcoin chart, instead of Superbowl While the US nation’s eyes are glued to the Super Bowl LVIII, some major figures in the cryptocurrency space prefer to watch Bitcoin surge above the $48,000 level. One of them is the prominent whistleblower Edward Snowden. He has taken to Twitter to say that is not taking eyes of the Bitcoin chart, while everybody else is watching the Super…
Runestone, a Bitcoin project led by the well-known digital asset collector “Leonidas”, is about to launch a huge airdrop to all regular users of the Ordinals protocol. The addresses that have executed at least 3 inscriptions before the snapshot date will be rewarded, by minting pseudo NFTs or pseudo fungible tokens within the Bitcoin blockchain. This is the first airdrop in this market niche, ready to pave the way for new incentive systems for the early adopters of the Ordinals community. Let’s see below how to check your eligibility. The Runestone project and the airdrop to the Ordinals community How…
In the midst of the BTC ETF application uproar, Michael van de Poppe, a well-known crypto analyst, notified the crypto community that Ethereum is approaching the low of 2022 and speculated that it is likely to take liquidity there. The crypto analyst further mentioned that if the BTC ETF is approved, a liquidation candle may develop on the ETH/BTC chart, followed by a rotation into Ethereum combined with a bullish weekly divergence. Observing the past price action momentum, van de Poppe observed that Ethereum performed very well in the first quarter of every year. He also stated that the bullish…
The adoption of tokenized investment funds is on the rise – but the technology providers have a “limited track record,” contributing to increased risk, a Monday report by credit-rating agency Moody’s Investor Services warned. Tokenized funds are investment funds whose units are digitally represented with the use of distributed ledger technology (DLT), which powers crypto. Asset or fund tokenization is having a moment as financial institutions worldwide attempt to improve market liquidity, efficiency and transparency. The growing adoption of tokenized funds – mostly fueled by the tokenization of funds that invest in government securities like bonds – signals untapped market…
XRP, an eminent cryptocurrency backed by Ripple Labs, birthed a hurricane of speculations across the broader crypto market recently, as the token noted noteworthy whale transactions today, February 9. As per on-chain insights spotlighted by the blockchain tracking platform Whale Alert, two massive whale transactions collectively shifted a staggering 57.75 million XRP to two CEXs, Bitstamp and Bitso. Meanwhile, the token’s price jumped substantially today, contrasting with the whale’s massive selloff. Simultaneously, Ripple’s extension of the deadline for remedies-related discovery in the XRP lawsuit for a week appears to have birthed additional inferences for the price action of the Ripple-backed…
Considering the seemingly unstoppable momentum in Bitcoin price action, a new all-time high on the BTCUSD trading pair is less than 2% away. Meanwhile, due to the supply of new BTC unlocked since 2021, the BTC market cap chart has reached a new all-time high above $1.3 trillion. BTC Market Cap Sets New Record ATH Crypto bulls have something to celebrate today, even if BTCUSD doesn’t make a new all-time high just yet. That’s because the market cap chart has, and the total value of the Bitcoin network is currently around $1.33 trillion. The previous peak was squarely set at…
After Bitcoin (BTC) last week initiated a bullish streak that has led it to surpass an important psychological price level at $48,000, further, stronger gains could be in store as the flagship decentralized finance (DeFi) asset has entered a ‘Boom’ phase. Specifically, Bitcoin has left the “Green Triangle at the ‘Get Ready’ phase” and started its movement in the ‘Boom’ phase, which could send it to $130,000 and beyond this year, according to the analysis shared by pseudonymous cryptocurrency expert Trader Tardigrade in an X post on February 12. As it happens, this move is taking place as Bitcoin’s weekly…
An anonymous individual purchased a CryptoPunks NFT for over $16 million worth of cryptocurrency on Monday, in the second-largest transaction for a CryptoPunk ever recorded. For a whopping 4,500 ETH—worth $16.03 million at the time of sale—an Ethereum user whose identity has yet to be revealed purchased CryptoPunk #3100 just after 9:30 am EST this morning. The user’s wallet was created only four days ago, and used exclusively to purchase the NFT. CryptoPunk #3100 is one of only nine Alien Punks in the entire 10,000-piece CryptoPunks collection. Due to that rarity, Alien Punks have garnered some of the highest bids…
Despite ETHBTC trending lower in favor of Bitcoin (BTC), there is a chance that the second most valuable cryptocurrency will recover in the months ahead. Taking to X in support of Ethereum (ETH), a crypto analyst, Mckenna, said a favorable combination of protocol-related and regulatory factors may support ETH, plugging the bleed versus BTC and sparking a refreshing rally. Ethereum Under-performing Bitcoin: Will This Continue? Looking at the ETHBTC weekly chart, it is evident that Bitcoin bulls have had the upper hand since August 2022. During this time, Bitcoin gained 42% versus ETH, with bulls pressing on when writing. To…
Crypto.com recently announced the listing of Dymension (DYM), a modular blockchain token, stirring interest within the crypto community. The listing on Crypto.com makes DYM accessible to a wider audience, as the exchange supports purchases with over 20 fiat currencies. The move is expected to increase the token’s trading volume and visibility in the market. Dymension ($DYM) is now listed in the https://t.co/A7lhUEyoao Exchange!💰Trade DYM easily with USDSign up to the Exchange 👉 https://t.co/GBTPzwV3F0 pic.twitter.com/EoxUPevCEV — Crypto.com Institutional (@Cryptocom_Insto) February 9, 2024 The latest development follows Dymension’s significant price surge, where its value increased by 100% in just two days, with…