Author: NBTC

Wintermute, a prominent algorithmic crypto trading firm, has started aggressively accumulating Neiro On Ethereum (NEIRO), one of the hottest meme coins. Its accumulation spree started earlier this month. Now, the firm holds nearly 62.5 million tokens. This sum represents more than 6% of the total NEIRO supply. Earlier this week, NEIRO experienced a massive triple-digit price surge after being listed on the Binance exchange. Its market cap surged above the $200 million threshold. According to data provided by CoinMarketCap, the token is currently down 28.32% over the past week. It is currently trading at $0.11, with its market cap sitting…

Over 70% of Craig Wright’s 259 claims in his latest UK lawsuit are based on “misunderstandings, blatant misrepresentations, and legally incoherent theories,” according to analysts. Specifically, X (formerly Twitter) account CSW Fact Check sifted through Wright’s claims and found that 184 of them don’t stand a chance of succeeding. Even for the 75 claims that do appear to have a chance, the fact-checkers stated that they are still only “remotely grounded in fact.” Wright is reportedly applying concepts that are irrelevant to Bitcoin’s decentralized nature and displaying “a fundamental disconnect from legal reality.” Read more: COPA confirms Craig Wright is…

Orbs is looking to bring DeFi into the mainstream with its Layer-3 blockchain network that’s designed to enable sophisticated on-chain trading features, such as advanced order types like futures, decentralized derivative markets and aggregated liquidity. Its goal is to deliver a decentralized trading experience that can match the one found on centralized exchange platforms. The protocol does this by enhancing the capabilities of smart contracts and expanding blockchain interoperability, and it does it without bridging that liquidity across chains, minimizing the risk to users. It can be thought of as a decentralized backend that mirrors the kind of infrastructure that…

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin’s efforts to address centralization in Ethereum’s validation structure. In an interview with crypto.news, Rabinovitch explained that while Buterin’s solutions are suitable for Ethereum (ETH), they may not apply universally to all networks that rely on Ethereum Virtual Machine compatibility. Buterin’s proposed approach seeks to reduce validator centralization by lowering entry barriers for participants and capping rewards to prevent validator consolidation. According to Rabinovitch, this effort targets Ethereum’s unique issues. “He’s solving an Ethereum problem, not a universal EVM problem,” Rabinovitch said. The industry pundit stressed that each blockchain…

In the past 30 days, TON blockchain has seen an impressive 23.58 million transactions within its decentralized application (dApp) ecosystem, according to DappRadar Insights. This kind of activity shows increased trends in the level of awareness and users’ participation on the given platform. 📊 30d stats on @ton_blockchain reveal an impressive 23.58M transactions in the TON dapp ecosystem. 🐈 A key driver of this activity is @CatizenAI, with recent events around their $CATI token and the Play for Airdrop campaign. 👀Data: https://t.co/iMlElaciu5 pic.twitter.com/bnL88XYc8I — DappRadar Insights (@InsightsByDR) September 19, 2024 Catizen Attracts New Users with Fun Games and $CATI Token…

President Joe Biden made a call to the Nigerian president on Tuesday to share his thanks for the release of detained Binance executive Tigran Gambaryan. Biden also spoke of the agreement between the nations to cooperate on law-enforcement matters, including illicit financial and cryptocurrency issues. U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan. According to a Tuesday statement from the White House, Biden “underscored his appreciation for President Tinubu’s leadership” in securing Gambaryan’s release in the phone call. Gambaryan, head…

HIVE Digital is expected to double its hashrate in the coming year, the report said. Cantor assumed coverage of the stock with an overweight rating and $9 price target. The broker said the market was underappreciating the company’s prospects. Bitcoin (BTC) miner HIVE Digital (HIVE) is expected to more than double its hashrate in the next 12 months, broker Cantor said in a research report Tuesday, initiating coverage of the stock. Cantor assumed coverage of HIVE with an overweight rating and a $9 price target. The shares rose about 3.6% on Tuesday, trading around $4.26. The broker said it expects…

MintSwap, a decentralized exchange (DEX) and NFT marketplace on the Mint Blockchain, has partnered with Dmail to streamline user communication. This collaboration enhances MintSwap’s capacity to engage users securely while solidifying its role within the Web3 space. Dmail took this news to X, disclosing to its comminty that how this collaboration is gaining to benefit them in terms of Web3 engagement. The secure communication tools from @Dmailofficial will allow @MintSwap_HQ to stay connected with its users, ensuring that key updates about the platform, yield opportunities, and upcoming developments are sent cross-chain directly to wallets &DIDs🗞️https://t.co/Pe8UrNLW8e — Dmail Community (@Dmail_Community) October…

Analyst Ali Martinez identifies $2,400 as a crucial support level for Ethereum, suggesting a potential rally toward $6,000 as the crypto retests this key zone. Ethereum has been trending within an ascending channel since July 2023. Recent price action saw Ethereum moving toward the lower edge of this channel. As of October 26, the crypto retested the lower trendline of this channel. The current price level near $2,400 serves as a significant support zone, according to analyst Ali Martinez. He stressed that a bounce from this point could set the stage for an upward movement toward the upper boundary, estimated…

Ethereum’s price found stability within a narrow range, moving between $2,470 and $2,537 over the past day, as both oscillators and moving averages reflect neutral-to-bearish signals, indicating a pause in its short-term momentum. Ethereum The daily chart shows ethereum’s (ETH) recent trend of lower highs and lows, hinting at a bearish undertone. However, steady positioning around the $2,500 level could signal the formation of a potential base. Despite reaching $2,769 earlier in Oct., low trading volume currently suggests a reduction in selling activity. The relative strength index (RSI) is holding at a neutral 48.77, showing that ether is neither overbought…