Author: NBTC

Defying fiat currencies, naysayers, and bear markets, bitcoin, the premier cryptocurrency, has recently reached a milestone by breaking the $100k mark for the first time in its history. Members of the bitcoin community celebrated this achievement, proclaiming that it is still early days for the asset. Bitcoin Breaks $100K, Holders Celebrate Milestone Bitcoin, the cryptocurrency born of the abuses of third-party financial institutions as an idea in a mailing list, recently reached an unbelievable goal, breaking the $100k level for the first time. The cryptocurrency community was quick to celebrate the achievement, mocking those who made fun of the ecosystem…

Doodles founder Scott Martin hinted at a potential token launch for the NFT collection in a cryptic post on the X platform. Community members noticed that the first letters of each phrase spelled out “token is coming,” fueling speculation about a token launch for the project. That excitement translated into market activity, with the collection’s minimum price rising from 4.3 ETH to 6.5 ETH, according to CoinGecko. With this surge, Doodles cemented its position as the sixth-largest NFT collection by market cap, valued at $220 million. The buzz around the potential token launch follows Doodles’ recent collaboration with McDonald’s, which…

Ethereum (ETH) has experienced sharp declines in recent days, forcing some of the cryptocurrency’s largest holders to liquidate significant amounts of their holdings. According to market tracker LookonChain, the price of Ethereum has fallen by 18.35% from its Monday high of $4,109, forming a bearish engulfing pattern on the daily chart. According to recent updates, ETH has lost more than 7% today alone, and this has prompted whale holders to let go of a huge chunk of their holdings to repay debts. At press time, the second largest crypto by market cap is trading at $3,390, with its 24 hour…

The SEC has approved dual Bitcoin and Ethereum ETFs from Hashdex and Franklin Templeton, expanding institutional access to the two largest digital assets through spot-based investment vehicles. The approvals cover the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF. Franklin Templeton’s updated filing, submitted earlier today, received accelerated clearance due to compliance with existing commodity-based trust share standards. The regulatory green light comes during significant market turbulence, with over $1 billion in crypto liquidations occurring within 24 hours, according to CoinGlass data. During this period, Bitcoin dropped more than 8% from yesterday’s high of $105,000…

XRP fair market value exceeds the $122,000 price mark, according to an assessment from the Collateralization model from Valhil Capital. XRP has been one of the top performers over the past six weeks, having recently reclaimed and retained the $2 level. Despite this, some commentaries suggest the altcoin still trades below its fair market value due to several factors contributing to price suppression. The Collateralization Model Notably, last year, venture capital firm Valhil Capital compiled several models seeking to assess XRP’s fair market value under certain conditions. Interestingly, a bold valuation model, the Collateralization Model, suggests that XRP could has…

Binance has announced that it has decided to delist three tokens: Kaon (AKRO), Bluzelle (BLZ), and WazirX (WRX) effective from December 25, 2024, 06:00. Binance to Delisting AKRO, BLZ, and WRX on December 25, 2024 This move comes as part of Binance’s regular review process to ensure that all listed digital assets meet the platform’s high standards and evolving industry requirements. Reasons for Removal from the List The decision was based on several factors, including: Insufficient trading volume and liquidity Network stability and security concerns Lack of ongoing development activity and team commitment Regulatory compliance issues Contribution to a sustainable…

Bitcoin (BTC) finally crossed the long-awaited $100,000 mark on December 5, only to quickly lose it in a 24-hour “pump and dump.” The price action has moved hundreds of billions of dollars up and down within a day, liquidating nearly $500 million. In a remarkable show of volatility, Bitcoin pumped from $98,100 to $104,100, dumped to $91,950 and pumped again above $98,000 – all in 24 hours. From the new all-time high (ATH) to the pump-and-dump local bottom, BTC moved approximately $240 billion in market cap. As of this writing, the leading cryptocurrency trades at $98,296, returning to its consolidation…

Will the price of Ethereum (ETH) continue its freefall and test the $3,000 mark as Bitcoin (BTC) crashes below $96k? Ethereum has dropped below the $3,500 psychological support as Bitcoin falls under the $96,000 level. As Bitcoin’s market cap dips below $2 trillion, Ethereum is holding on to its $400 billion valuation. In parallel, Ethereum is holding onto the $3,400 support level as the crypto market turns red. Will sellers cause a breach at this level and push for a retest of $3,000? Ethereum Price Analysis Over the past seven days, Ethereum has dropped by 12.44%, reflecting the intense market…

A recent survey by Emerson College has uncovered a notable trend in cryptocurrency engagement among U.S. voters, particularly highlighting the strong inclination of individuals under 40 years old towards digital assets. This data indicates a pronounced generational divide in the usage of cryptocurrencies, suggesting that younger demographics are more actively involved compared to older generations. Contents 1 How Does Cryptocurrency Engagement Vary by Age? 2 Who Are the Primary Users of Cryptocurrency? How Does Cryptocurrency Engagement Vary by Age? The findings reveal a clear decline in cryptocurrency participation with increasing age. Overall, only 20% of registered voters acknowledge investing in…

A crypto whale has sold his entire Dogwifhat (WIF) holdings for Fartcoin (FARTCOIN) tokens. On-chain Lens spotted the new development today and shared it on the X social media. The blockchain analytics platform identified the whale as a trader who bought 368,147 Dogwifhat tokens for 1,299 Solana coins worth $145,000 on February 19, 2024. According to the on-chain metrics tracker today, the trader sold all his WIF holdings worth $1.09 million and bought 1,687,606 FARTCOIN tokens. On-chain analysis shows that the trader made a $952,000 profit in WIF. The transfer signals that investors are now capitalizing on the gains from…