Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Assertive Statement from Analyst for Bitcoin! “BTC Will Reach These Levels No Matter Who Wins the US Election!”
The leading cryptocurrency Bitcoin has not found the upward catalyst it was looking for. In the short term, investors are waiting for the FED’s interest rate decision to be announced next week and the US presidential election results. Bitcoin Will Reach 6-Digit Figures No Matter Who Wins! At this point, the general expectation in the market is that the BTC price will rise if Donald Trump wins the election and fall if Kamala Harris wins, while Steven Lubka, the manager of Bitcoin savings company Swan, claimed that Bitcoin will reach six-digit figures by 2025 regardless of who wins. Speaking to…
DefiLlama’s Dex data revealed that Solana had outperformed Ethereum’s Dex volume for the second time in a week. According to DefiLlama’s data, Solana’s Dex volume surpassed Ethereum’s Dex volume by approximately $0.01B in the last 24 hours. The data from DefiLlama also showed that Ethereum’s weekly (7d) total volume ($8.29B) outshone Solana’s volume ($6.12B). According to DefiLlama, Ethereum’s Dex TVL ($8.84B) also surpassed Solana’s Dex TVL (1.49B). Solana outperforms Ethereum for the second time in less than a week Credits: DefiLlama On September 21st, DefiLlama’s data showed that Solana Dex networks handled over $845 million in 24 hours, while Ethereum…
Telegram tap-to-earn game X Empire will launch its X token on The Open Network (TON) on Thursday, but its reveal of airdrop allocations has drawn complaints from players who say they were deemed ineligible for a share of the rewards. And some of them are telling Elon Musk about it. X Empire revealed its allocations on Friday, disclosing to players how many X tokens they can expect to receive and begin trading on October 24. The Elon Musk-themed game is also letting players choose their withdrawal option in advance, whether it’s through a self-custody TON wallet or through a centralized…
Analyst Justin Bennett Issues Bitcoin Alert, Says ‘No More’ Traditional Cycles for BTC – Here’s What He Means
A widely followed crypto analyst is warning that Bitcoin’s (BTC) historical cycle pattern may soon come to an end. In a new strategy session, crypto trader Justin Bennett tells his 111,300 followers on the social media platform X that Bitcoin’s traditional four-year cycle could change if the business cycle contracts. According to Bennett, Bitcoin’s cycles have been correlated to the performance of the overall macroeconomy. “Since its inception, Bitcoin has followed mostly perfect three to four-year cycles: one to two years of a bear market followed by one to two years of a bull market. But that won’t last! Bitcoin…
A significant player in the cryptocurrency market is making headlines as the largest holder of $BONK. This whale owns an impressive 2.41 trillion $BONK tokens. The value of these tokens is around $44.75 million. Additionally, he holds 3.78 million $TAI tokens, worth approximately $566,000, according to recent data from Lookonchain. The largest $BONK holder with 2.41T $BONK($44.75M) also holds 3.78M $TAI($566K)!The whale withdrew 3.78M $TAI($566K) from #Gateio on June 13th, when the price was $0.17.https://t.co/B2k9tfobFY pic.twitter.com/EymtTBc4TQ — Lookonchain (@lookonchain) September 25, 2024 $BONK Whale Moved 3.78 Million $TAI at $0.17 in June The whale moved out 3.78 million $TAI from…
The crypto gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…
A new study by crypto market maker Keyrock reveals that 88% of tokens released via airdrops in 2024 saw their prices drop, with most of the drops occurring within the first 15 days. Keyrock’s report details that most price movements occur immediately after an airdrop, with very few tokens recovering three months later. “After three months, very few tokens manage to post a positive result, with only a handful bucking the trend,” the report reads. Airdrops are the distribution of free tokens to early or frequent users of decentralized finance (DeFi) protocols. Originally, airdrops were designed to reward loyal users…
Three Indicators Screaming Bitcoin (BTC) Bull Market in Early Stages of Parabolic Advance, According to Analyst
A popular crypto analyst thinks three indicators suggest Bitcoin (BTC) is far from its top. The pseudonymous crypto trader known as TechDev shares a graphic with his 468,700 followers on the social media platform X that charts the liquidity cycle, Bitcoin’s Relative Strength Index (RSI) and BTC’s Fisher Transform Indicator. Source: TechDev/X TechDev’s first chart displays a line for Bitcoin’s price and a line that pits the Chinese 10-year bonds (CN10Y) against M2SL, the seasonally adjusted measure of money supply in the United States. Based on the trader’s chart, he appears to suggest that an expansion in the CN10Y against…
Maverick Protocol integrates with Coinbase Wallet, offering users easier access to swaps and Boosted Positions with extra rewards. Maverick Protocol strengthens community engagement through voting and yield strategy discussions across multiple liquidity platforms. Maverick Protocol has made a big step by connecting with Coinbase Wallet Smart Wallet, therefore streamlining the user experience for its expanding community. Announced via an official statement from Maverick Protocol, this integration lets customers access Maverick v2 with simplicity, therefore optimizing the gas experience and the onboarding process. Smart Wallet users may fully utilize Maverick’s features—including the opportunity to swap tokens at better rates and enjoy…
PayPal’s stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data. The decline was primarily caused by a significant reduction of its market cap on Solana, which accounted for roughly 65% of the total market cap on Aug. 26. The PYUSD in circulation or locked within the Solana ecosystem has fallen from $662 million to $364 million as of Sept. 25. Comparatively, its market cap on Ethereum has remained stable over the period at $340 million. Nevertheless, the daily average…