Author: NBTC

Elon Musk, serial tech entrepreneur, the owner of X, has made a fundamental statement on how efficient X can be for political and business leaders, encouraging them to post on it. Musk highlights X’s big efficiency Musk has stressed the efficiency of X as opposed to legacy media, where it can be held by the “negativity filter” or may become part of “some reporter’s often unfair hit piece.” It is certainly possible to “say something silly once in a while, as I do,” Musk admitted. However, he said, that even this would add to the authenticity of the speaker on…

Ethereum price has underperformed most altcoins in this crypto bull run, but analysts believe that the coin could stage a comeback and surge to $10,000. The ETH token was trading at $3,725, its highest level since June 7, and 75% above its lowest level in August. Crypto analysts are bullish on Ethereum price The crypto community is largely divided about Ethereum as it continues to lose market share to Solana, Sui, and layer-2 networks like Base and Arbitrum. Ethereum’s critics point to its weak inflows in the exchange-traded funds (ETF) industry. Recently, however, we have seen some movement as inflows…

According to RootData statistics, 90 publicly disclosed crypto venture capitalist (VC) investments occurred in November, representing a 9% decrease from October’s 99 rounds. November’s total fundraising amount reached $449 million, a whopping 43.66% decrease compared to the $797 million raised in October. Notable Decline in Crypto VC Investments Venture capital investment activity acts as a crucial barometer of major investors’ interest and confidence in the crypto market. Although November saw a dramatic bull market for crypto asset valuation, these gains did not translate into increased VC activity. Deals and the total amount raised both decreased dramatically in November. In fact,…

Over time, gaming projects like FLOKI, NAKA, and others have emerged prominently in the dynamic world of cryptocurrency due to several projects and robust communities. In a new report by the Phoenix Group and LunarCrush, the top gaming projects have a high social engagement score across multiple platforms, indicating their rising prominence in the gaming and Web3 industry. TOP #GAMING PROJECTS BY SOCIAL ACTIVITY$APE $EGLD $FLOKI $NAKA $VRA $AXS $SUPER $RENDER $SAND $MANA pic.twitter.com/VrCTUamjAG — PHOENIX – Crypto News & Analytics (@pnxgrp) October 23, 2024 The reports include “Engaged posts” as the number of posts within the last 24 hours…

After months of fluctuations, bitcoin has finally surged past $65,000, reigniting optimism among investors. Since its fall in July 2024, the world’s largest cryptocurrency has struggled to reclaim this level. Its recent movement led to millions in liquidations, but investor sentiment remains bullish, with 93% now in profit. Despite the excitement, there are concerns about whether this is the beginning of a sustained rally or a temporary spike. Bitcoin’s price movement and technical analysis Bitcoin is currently trading at $67,126, solidifying its support at the upper boundary of a parallel channel that has constrained its price movement since March 2024.…

Ethereum is on a strong upward trajectory, rising more than 6% in the past 24 hours to reach a current price of $3,700. While Bitcoin recently smashed through its all-time high, Ethereum still lags behind its ATH of $4,810. Ethereum’s Price Surge: Over 6% in 24 Hours Ethereum has been on a bullish run, gaining over 6% in the past 24 hours to reach $3,700. This surge reflects the market’s renewed interest in altcoins, especially as Bitcoin nears the $100,000 mark. Unlike Bitcoin, which has recently breached its ATH, Ethereum remains below its record high of $4,810. Despite this, Ethereum’s…

With the growing adoption of the crypto space, latest reports now suggest that South Korea’s cryptocurrency trading volume has been on a rise, with senior citizens taking advantage of the growing crypto investment trend. According to Korean media reports, the monthly trading volume of stablecoins on South Korea’s top five centralized exchanges i.e., Upbit, Bithumb, Coinone, Korbit, and GOPAX, have reached approximately 16.17 trillion Won ($11.5 billion) in November 2024. The current figures represent a sevenfold increase from the 2 trillion Won recorded at the beginning of the year and mark the first time monthly stablecoin trading has surpassed 10…

As crypto markets remain broadly bullish, several airdrops provide exciting opportunities to earn tokens without any initial capital. Airdrop farmers looking for top campaigns with tier-one investor backing have a long list to select from. Five Airdrops With Tier-1 Backing Discover the top 5 potential airdrops and learn which venture capitalists are backing them. Story Protocol The project forayed into Web3 to tokenize and share Real-World Assets (RWAs) considered intellectual property (IP). This creates a way for owners to generate profit and share revenue. Although the status of the airdrop remains unconfirmed, Story Protocol has garnered up to $134 million…

CEO of MicroStrategy Michael Saylor received advice from well-known Bitcoin critic Peter Schiff in a recent Twitter exchange that could best be described as sarcastic. Schiff suggested that Saylor take out a second loan of $1 billion and invest it in DJT stocks, which he claims are more valuable due to their higher volatility in response to Saylor’s assertion that the value of Bitcoin is derived from its volatility. Schiff’s reasoning aims to ridicule Saylor’s conviction that Bitcoin is a volatile asset that is worth investing in. If value were solely determined by volatility, he suggests that Bitcoin would be…

ETH forms a bullish pattern on the monthly chart, with key resistance at $4,000. A confirmed breakout above $4,000 could push ETH toward $8,000, marking a mid-term move. The $3,400 support provides a critical safety net during retracements if upward momentum slows or stalls. Ethereum’s price action is currently showing the advancement of an ascending triangle on the monthly chart, indicating a possible breakout. Analysts point to this pattern as a key structure for determining the ETH’s movement. Technical Analysis of the Ascending Triangle The formed pattern is a well-known bullish continuation structure, characterized by a rising support line and…