Author: NBTC

Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin. Now trading at $3,480, here’s what could be next for ETH. Ethereum Still Has More Room to Grow One metric that has consistently proven reliable for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio, a tool for assessing the profitability of holders and identifying potential market tops or bottoms. The MVRV ratio compares a cryptocurrency’s market value to its realized value, offering insights into whether the asset is overvalued or undervalued. When the MVRV ratio rises, it indicates that more…

As Bitcoin (BTC) is trading higher than it has been in many months amidst the ‘Uptober’ hype, daring investors continue finding the biggest fortunes investing in meme coins, whether they be new, strange, or silly. The latest impressive maneuver was executed by a cryptocurrency trader who spent 20 Solana (SOL) – worth approximately $3,500 – on October 25 to purchase more than 47 million ai16z. By October 27, the investment was worth $3.2 million. Still, in a turn not too uncommon in the meme coin and altcoin sphere, the investment collapsed some $1.3 million in value in less than 24…

Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National Bank of Rwanda (NBR). Rwangomba anticipates the regulations will be established in the first quarter of 2025, pending an agreement between the NBR and the Capital Market Authority (CMA). This disclosure came in response to a lawmaker’s inquiry about the central bank’s stance on Bitcoin. While Rwangomba’s response did not explicitly endorse cryptocurrency, it marked…

Mars4, a Web3 gaming ecosystem, has announced a strategic partnership with Zesh, an AI-powered GrowthFi platform. This partnership is aimed at improving and advancing community development and participation in Web3 Gaming. By combining Mars4’s immersive virtual experiences with Zesh’s advanced technologies, the two entities are set to transform how gamers and communities connect globally. 🚀 Zesh x Mars4 PartnershipWe’re beyond excited to announce our collaboration with @mars4_me , an innovative ecosystem revolutionizing gaming through immersive experiences and Web3 technology. Together, we aim to supercharge community growth and bring unparalleled engagement to… pic.twitter.com/orwXM1OEY3 — Zesh (@ZeshApps) November 27, 2024 Zesh Empowering…

In a recent X post, the Changpeng ‘CZ’ Zhao shares his thoughts on the use of AI tagging on-chain and why AI integration would be beneficial for crypto moving forward. On Nov. 27, the former Binance CEO stated that artificial-intelligence tagging could be well-suited for on-chain use, considering how it could help in speeding up the crypto payment process and getting rid of unnecessary bias. “AI tagging (or AI data in general) is well fitted to be done on-chain. Harness low cost labor globally without geographic bias, (micro) pay them in crypto instantly,” said CZ, adding that the Binance solution…

Bitcoin surged past $68,000, signaling a bullish breakout and potential price increase. An Ichimoku golden cross and rising fear and greed index indicate strong market momentum. External factors, like Trump’s election odds, fuel investor interest in Bitcoin as an inflation hedge. Recently, Bitcoin (BTC) surged past a key psychological price level at $68,000. This breakout coincides with the formation of an Ichimoku golden cross, another strong bullish signal. After jumping nearly 40% since August’s lows, Bitcoin appears ready for an explosive price increase. Market sentiment and technical indicators suggest a substantial upward trajectory lies ahead. #Bitcoin Golden Cross! ✨With a…

Uniswap activity recovered in the past month, with a new activity record on L2 chains. The Uniswap versions on Base and Arbitrum led the way, leading to a new trading volume all-time high. Monthly volumes for Uniswap versions on L2 chains reached a new all-time high. The expansion was driven by the versions on Arbitrum and Base, the two leading L2 chains in terms of apps and activity. Uniswap activity increased after expectations of a more lenient stance from Trump’s renewed Securities and Exchange Commission (SEC) team. Uniswap volumes on Arbitrum grew from $8.1B in September to $19.28B at the…

In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication. The company is pioneering a new category of “phygital” timepieces that exist both as physical luxury watches and unique digital assets. Redefining Luxury Through Digital Innovation At the heart of JMJ Mach’s innovation is their unique approach to watchmaking. Each timepiece features a one-of-a-kind character printed on the dial that is minted as an NFT, creating a truly unique piece both physically and digitally. As…

A major Ethereum whale has been making waves in the crypto market by accumulating a significant amount of ETH on the Bybit exchange. Over the past 12 days, the wallet identified as “0xba7” has spent $63.99 million in USDT to acquire 19,447 ETH at an average price of $3,290 per token. The strategic accumulation highlights the confidence of institutional-level investors in Ethereum’s market potential. Big $ETH accumulator spotted!Major whale “0xba7” has spent 63.99M $USDT to buy 19,447 $ETH on #Bybit at an average price of $3,290 over the past 12 days.Of this, 4,801 $ETH were purchased today for 16.11M $USDT.The…

Grass Network’s much-anticipated GRASS token airdrop has launched, but many users remain unable to access their tokens. Technical issues with Solana’s Phantom wallet have left several eligible recipients without a way to claim their GRASS tokens. This has been one of the most hyped airdrops in recent months, as Grass Foundation is distributing 10% of the token’s supply in the first airdrop. GRASS Airdrop Continues to Fuel Community Criticism For months, the crypto community has voiced concerns about Grass Network’s airdrop model. GRASS tokens have a capped supply of 1 billion, with 10% set aside for the initial airdrop. The…