Author: NBTC

As Bitcoin has broken past the $71,000 threshold, analyst Egrag Crypto is eyeing a bullish rally to over $100K. Over the last 24 hours, Bitcoin has bullishly moved past key resistance levels, reaching a notable milestone above $71,000. This rise represents a significant recovery, as it had not reached this level since June. The ongoing momentum has sparked speculation of further gains, driven by technical patterns and growing institutional demand. Broadening Wedge and Triangle Breakout Egrag Crypto, an analyst on X, highlighted Bitcoin’s breakout from a descending broadening wedge pattern. This bullish setup is confirmed by Bitcoin’s retest and rebound…

Got a few minutes? There’s an original Doge-themed beat-’em-up game inscribed on Dogecoin via the Doginals protocol. It’s free, it’s fun, and it’s the perfect game to play as DOGE buzz is back in full swing amid a surge to a three-year price high price. Super Doginals is a retro-style brawler in the vein of classics like Streets of Rage and Fatal Fury, as you control one of three characters—including two anthropomorphic Shiba Inu dogs—and stroll through side-scrolling environments, pummeling foes based on other meme-friendly creatures like apes, cats, and frogs. According to an official description, the game sees players…

This is a segment from the Empire newsletter. To read full editions, subscribe. $71,000. Bitcoin’s managed to retake $70K after months of trying. We haven’t seen it above this level since it carved out a fresh all-time high in spring. And now — just a week before the US election — we’re enjoying a small breakout. However, Ledn’s John Glover believes that we need to see a two-day close above $73,000 before he expects any real moves higher. But if bitcoin manages to hold on to that level, expect a “rapid move towards $80,000.” Still, he’s not so sure we’ll…

Gamified Telegram-based decentralized exchange (DEX) Blum has outperformed Hamster Kombat’s monthly active users before its forthcoming token generation event (TGE). While Blum enjoyed a user base of 42 million in November, Hamster Kombat’s continuing decline has placed it at just 36 million users, following a continuous plummet. Pre-Launch Success: Blum Outperforms Hamster Kombat Users Blum is a DEX that combines the features of centralized and decentralized platforms. Specifically, it is a Telegram mini-app that offers a simplified trading experience that is accessible directly within the messaging app. Blum’s journey began on April 19, 2024, and it accumulated an impressive 100,000…

Ilman Shazhaev, the Chief Executive Officer (CEO) and Founder of Farcana highlights the revolution in the blockchain gaming industry. He states that the blockchain gaming industry is witnessing a remarkable resurgence in investor confidence. After a period of uncertainty, the sector has reshaped itself, making it a more viable and sustainable ecosystem. The uncertainty period was the one when the play-to-earn model was set back in 2021, and something was missing. Q3 funding reports reveal that over $500 million has been invested in this sector. This revelation signals a renewed belief in blockchain gaming potential. Institutional players are paving the…

It looks like U.S. spot Bitcoin ETFs are about to hit a major milestone, as Bloomberg’s Eric Balchunas thinks that Bitcoin held by these funds could cross the one million BTC threshold by next Wednesday. This means that ETF issuers could overtake Satoshi Nakamoto’s alleged 1.1 million BTC holding by mid-December – a huge moment for the cryptocurrency world. This timeline is picking up speed thanks to the current trend of adding about 17,000 BTC per week to these ETFs. But market conditions could change this, either pushing it back or speeding it up. Right now, the combined holdings of…

On November 8, a significant transaction transpired when the Pendle team moved 625,000 PENDLE coins, equating to around $3.37 million, to Binance. This transfer was notably timed with the unlocking of coins that had been allocated to the team from April 2022 through April 2023. Contents hide 1 What is the Coin Unlocking Process? 2 Could This Transfer Affect Market Stability? What is the Coin Unlocking Process? The Pendle team is permitted to unlock their coins according to a set vesting schedule. This process commenced in April 2022 and is set to wrap up in April 2023, allowing for a…

In a remarkable turn of events, Bitcoin (BTC) has reached unprecedented levels against the Turkish lira (TRY), marking another record high this year. This surge has been triggered by recent U.S. economic data, setting the stage for a swift price increase. However, BTC’s global price has yet to break the $72,000 mark, leaving traders eager for further developments. Contents hide 1 How High Did Bitcoin Rise? 2 What Factors Drove This Increase? How High Did Bitcoin Rise? Moments ago, Bitcoin climbed to 2,471,236 TRY, maintaining substantial six-figure values in the local currency for an extended duration. This fluctuation is a…

Large investors in the popular meme-inspired Shiba Inu (SHIB) cryptocurrency have added more than 1.12 trillion tokens to their wallets over the past 24 hours, according to data from IntoTheBlock. According to an analysis of the Large Holder Netflow metric, which tracks cryptocurrency flows to wallets holding at least 0.1% of the circulating supply of Shiba Inu tokens, there was an increase from -951.84 billion SHIB to 174.91 billion SHIB over the past 24 hours. Thus, we can see an increase of 1.127 trillion Shiba Inu tokens in net flows to the wallets of large investors. The netflow metric shows…

At the tail end of a month that saw numerous false breakouts, Bitcoin (BTC) has finally surged above the psychologically important $70,000 level — for the first time since June. The pioneering cryptocurrency is trading at $71,850 at the time of publication — having rallied by 102.45% compared to this time last year. Several key technical indicators are suggesting that this could be the start of a prolonged rally. With just two days left to go, it’s beginning to look like ‘Uptober’ could end on an even higher note. Bullish signals abound as BTC breaks resistance Bitcoin has been struggling…