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.
Bitcoin (BTC) recovered above $70,000 with low volatility metrics. A similar gradual climb is happening for gold, showing both assets do not expect unusual price swings ahead of the US Presidential elections date. Both gold and Bitcoin (BTC) continued to expand with low volatility, suggesting a limited probability for price swings ahead of November 5. In the last stretch ahead of the US Presidential vote, the assets extended their gains while volatility decreased in the short term. The Bitcoin volatility index fell off a cliff in October and is down by 50% for the past four weeks. The BTC volatility…
SolanaSwap has emerged as a significant DeFi initiative on the Solana blockchain, characterized as a community-driven, non-profit organization. The platform’s establishment on Solana is particularly noteworthy, aiming to enhance decentralized finance capabilities. Contents hide 1 What Features Does SolanaSwap Offer? 2 What is the Value of SOS Coin? 3 How Can Users Buy SOS Coin? What Features Does SolanaSwap Offer? Designed with developers in mind, SolanaSwap promises a swift and efficient platform. It aims to simplify blockchain access for users while facilitating a superior experience. Key attributes of SolanaSwap include: Speed: With block times of just 400 milliseconds, Solana is…
Day traders have gone on a buying spree, flocking to assets linked to Elon Musk following Trump’s election win. The assets on their list include stocks and extremely volatile cryptos such as Dogecoin and MAGA-themed memecoins. Elon Musk has always had a great influence over the crypto market, having caused dramatic price swings with simple tweets in the past. More recently, he became one of Trump’s biggest supporters and a key figure toward the end of the former president’s campaign. Following Trump’s victory earlier this month, Elon’s companies have been big winners, recording massive booms in the trading market. Now,…
D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk’s Strong Ties to President-Elect Trump
The parody Department of Government Efficiency (D.O.G.E) memecoin has surged by 100% in the last 24 hours, boosting its trading volumes and demand. Elon Musk’s public discussions about forming a real “Department of Government Efficiency” (D.O.G.E.) to streamline government spending have spurred the rise of this parody token. A parody Department of Government Efficiency (D.O.G.E) memecoin has been up 100% in the past 24 hours as it has started to go viral within crypto circles, boosting trading volumes and demand. A CoinDesk analysis first flagged the Ethereum-based token in mid October, with prices increasing more than 600% since then. Entrepreneur…
Veteran trader Peter Brandt insists Bitcoin has still not recorded a breakout, urging caution despite the firstborn crypto’s recent gains. In an analysis today, Brandt argued that Bitcoin’s recent movements do not yet constitute a “real” breakout. He focused on important structures and price points that Bitcoin must breach to qualify as a legitimate breakout. The Bitcoin Inverted Broadening Triangle Brandt’s chart shows an inverted broadening triangle pattern on the weekly BTC chart. The legendary analyst had previously identified this pattern, suggesting that Bitcoin would remain in a bearish setup as long as it trades within the structure. Bitcoin’s recent…
Last week, OKX Ventures, the investment arm of global blockchain service provider OKX, revealed a new investment in Corn, an Ethereum Layer 2 solution. This partnership will help connect Bitcoin (BTC) with the Ethereum ecosystem to boost its use in decentralized finance (DeFi) protocols on Ethereum. 📢 OKX Ventures invests in Corn: an Ethereum Layer 2 network designed to unlock BTC utility in DeFi! 🚀@use_corn lets BTC holders access Ethereum DeFi, using BTC as gas through BTCN—a tokenized hybrid Bitcoin. 🌐💸Learn more 👉https://t.co/zSpeooIahw#Bitcoin #Ethereum… pic.twitter.com/skY9LIxRN9 — OKX Ventures (@OKX_Ventures) November 12, 2024 About OKX Ventures OKX, for its part, is…
More than $21 million worth of Neon EVM (NEON) tokens are set to enter the market, alongside over $25 million in other tokens, including Cardano (ADA), Ethena (ENA), EigenLayer (EIGEN), Hashflow (HFT), and Heroes of Mavia (MAVIA). This influx comes as the broader crypto market reached new highs and recorded significant gains. According to the data posted on X by Tokenomist (formerly TokenUnlocks), a substantial 44.92% of the circulating supply of NEON (53.91 million NEON) will be unlocked, along with $6.18 million in ADA (0.05% of the circulating supply). Additionally, $400,000 in Liquity (LQTY) and $113,000 in Euler (EUL) will…
As Bitcoin (BTC) recently broke through the $70,000 resistance level, its technical patterns hint at a substantial rally over the next 12 months, as prominent analysts highlighted. This move from a seven-month bearish megaphone pattern, which had previously kept BTC’s price in a consolidation phase, marks a significant bullish shift. According to an October 28 TradingView analysis by TradingShot, this breakout is reinforced by three key indicators, suggesting BTC could be on the cusp of a powerful rally in the year ahead, potentially targeting the $200,000 mark. Key technical indicators supporting Bitcoin’s bullish outlook The current bearish megaphone breakout is…
Sei-based Yei Finance has announced a major integration with OEV Network to bring fresh opportunities in recaptured maximum extractable value to users. OEV is a layer-2 solution that helps projects to recapture oracle extractable value and return this to users. Meanwhile, Yei Finance is the largest money market platform on Sei (SEI). With the OEV Network supercharging the data feeds on API3, integration with Yei means the Sei-based money market platform can unlock new opportunities with recaptured MEV. API3 revealed the collaboration via X on Nov. 12. “As the go-to lending platform on Sei, Yei Finance sets the standard in…
As of 7th November, some big assets, including AIOZ, MASK, and SXP, are showing accumulation signals. These assets have caught the attention of big market players. According to crypto analysts, these assets could be the next big movers and give significant returns in the future. MOST RECENT ASSETS IN THE ACCUMULATION PHASE $AIOZ $MASK $SXP $RAD $NOS $PROM $SAFE $STORJ $UNFI $ARPA pic.twitter.com/meSjWaKTWG — PHOENIX – Crypto News & Analytics (@pnxgrp) November 7, 2024 The accumulation phase is a strategic phase where the volume of an asset is higher than usual. It is mostly due to trading bots or the…