Author: NBTC

The price of Ethereum (ETH) is currently in a sideways trend after the uptrend ended on May 21. Price analysis of Ethereum coin by Coinidol.com. Long-term analysis of the Ethereum price: bullish The price of the cryptocurrency was halted at the resistance levels of $3,800 and $3,900. The bullish rise was fended off at the high of $3,900. The largest altcoin declined and found support above the $3,700 support. In other words, Ethereum is trading above the $3,700 support but below the $4,000 level. The current sideways movement is an anticipation of a possible bounce or breakdown. On the upside,…

The creators of Telegram-based game Notcoin currently have their hands full, with millions of users eagerly anticipating the game’s imminent NOT token launch on The Open Network (TON). And yet, the game’s developers already have their sights set on even bigger things: Namely, transforming Notcoin from a viral, coin-tapping sensation into a comprehensive, scaled gaming ecosystem powered by a community of builders. “We want it to become the Netflix of social, viral games,” Open Builders founder Sasha Plotvinov told Decrypt’s GG at Token 2049 in Dubai last week. The Open Builders team was certainly delighted by Notcoin’s overnight—and continued—success. But…

A bevy of celebrity-backed meme coins has captured the crypto zeitgeist recently, but experts say they may be courting bigger legal risks compared to past enforcement actions. The U.S. Securities and Exchange Commission (SEC) has targeted celebrities for promoting cryptocurrencies on social media before—a list that notably includes Kim Kardashian, the celebrity entrepreneur and step-daughter to Caitlyn Jenner. And Jenner this week launched meme coins on Solana and Ethereum bearing the Olympic gold medalist’s name. To the extent that Jenner’s meme coins are unregistered securities, she could face greater legal consequences compared to Kardashian, attorneys specializing in securities laws told…

Shortly after Bitcoin’s 15th “birthday” in January 2024, the digital asset community crossed a long-awaited turning point — the US Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs. To many industry participants, this marked digital assets’ decades-long transformation from a niche curiosity among “cypherpunks” to an alternative asset class garnering serious attention from some of the world’s largest asset managers. The community is now bracing for another major milestone in the coming weeks — the fourth Bitcoin halving. Crypto natives know the drill: The previous three halvings have largely followed a distinct pattern of heightened market activity, causing…

Neo is hosting a X Space event on April 26 to discuss the recent progress of its new EVM-compatible sidechain, Neo X. The session is scheduled from 9:00 AM to 10:00 AM UTC and will be held on Neo’s official X account. The main topic of discussion will be the recent release of the beta version of the Neo X TestNet. This iteration introduced several enhancements including multi-node governance capabilities and an improved bi-directional bridge linking Neo N3 and Neo X. The beta version also revealed more information on the functional dynamics of GAS within the Neo X network, with…

Terraform Labs and its founder, Do Kwon, have reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC). The SEC accused them of misleading cryptocurrency investors before the collapse of the stablecoin TerraUSD in 2022. Do Kwon Agree to Settle SEC Civil Fraud Case The settlement details remain undisclosed. In April, a jury found Kwon and Terraform Labs liable on civil fraud charges. The SEC alleged that in 2021, they misled investors about TerraUSD’s stability and falsely claimed Terraform’s blockchain was used in a popular Korean mobile payment app. US District Judge Jed Rakoff in Manhattan has asked…

Chainstack and POKT Network have announced a significant partnership to enhance Web3 infrastructure, promote decentralisation, and streamline the integration of new chains. This collaboration is set to accelerate the adoption and efficiency of decentralised applications (dApps). Excited to enter this next phase with @ChainstackHQ. 💙Next step, permissionless access?! https://t.co/gcJjUTEJLH — POKT Network (@POKTnetwork) May 30, 2024 Integrating three new Gateways by POKT Network marks a significant step in expanding the network’s capacity and reach. From a single Gateway seven months ago to six today, this expansion features collaborations with Developer DAO and Raid Guild, alongside Chainstack. This growth enhances POKT…

A notable development unfolded in the crypto market as an anonymous Bitcoin whale executed a series of massive transactions. The whale deposited 800 BTC, equivalent to $54.6 million, into Binance shortly after the release of March’s CPI inflation data. This move, occurring just five minutes after the data release, turned the heads of market participants. Adding to the intrigue, the same whale had deposited an identical sum of 800 BTC, valued at $57.16 million, to Binance the day prior. These transactions coincided with a notable downturn in the price of Bitcoin, which experienced a decline of approximately 4% following the…

The approval of the Ethereum ETF is a huge step for the market and the industry. We should see a substantial surge of capital inflows into the market, along with the appearance of fresh investors. Some venture capitalists like Ryan Sean Adams believe this is the time to grab some Ether before institutions get in. There is just one question left: Who will be Ethereum’s MicroStrategy now that the Ethereum ETF has been approved and the regulatory fog has lifted? MicroStrategy’s approach to Bitcoin was to purchase BTC using inexpensive dollar debt from the public market. The share price increases…

In the traditional financial system, dividends are regular payments that companies make to their shareholders. The amount of these payments depends on the company’s profit and is approved by the Board of Directors. In the context of cryptocurrencies, dividends are rewards that are paid by cryptocurrency companies from their revenues, commissions or profits. It is important to note the difference between cryptocurrency dividends and staking rewards or airdrops. Cryptocurrency dividends, although they may resemble staking rewards, are dependent on the income of the project, usually a centralized service. Perhaps such payments are provided even on the exchange where you plan…