Author: NBTC
Ethereum price is up over 5% and there was a push toward $2,700. ETH is consolidating gains and might aim for a move toward $2,800 or $3,000. Ethereum is consolidating gains below the $2,700 resistance zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There was a break above a bullish flag pattern with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,630 support zone. Ethereum Price Starts Fresh Surge Ethereum price remained stable above the $2,420 resistance. ETH…
Coinsilium Group Ltd (AQSE: COIN, OTCQB: CINGF), a Web3 advisor, venture builder, and investor listed on Aquis, has provided updates on its investment portfolio and announced an upcoming online presentation for investors.—Coinsilium’s portfolio reflects a strong commitment to identifying and supporting innovative ventures poised to reshape the Web3 landscape, particularly in the financial, gaming, and environmental sectors.One significant investment update involves Silta Finance, an AI-driven climate financing platform, which has entered into a strategic partnership with a top global infrastructure development bank. This collaboration aims to establish a climate financing marketplace using AI for infrastructure projects, with the ambitious goal…
XRP Ledger, the decentralized blockchain that powers the XRP cryptocurrency, is set to boost its interoperability with an upcoming feature called “XAH Teleport.” XRPL developer Wietse Wind shared details about the upcoming feature “XAH Teleport” in a new tweet. The “XAH Teleport,” according to Wind, would allow XAH tokens to freely move between Xahau and XRPL, as well as vice versa. All the while, it was not possible to move XAH tokens issued on XRPL to the Xahau network (or vice-versa). XAH Teleport: move XAH between Xahau, the XRPL and vice versa. On the XRPL side: the XAH IOU by…
Ethereum has once again broken above the $3,000 level after previous attempts ended in failure as FOMO took over the investors. Ethereum Has Rallied 3% In Past Day To Break Back Above $3,000 Earlier, Ethereum had made two attempts at the $3,000 level, but both of them had turned out to be brief as the asset quickly retraced back to lower levels. In the past day, ETH has once again made a push towards the mark, as the chart below shows. ETH appears to have shot up in the past day | Source: ETHUSD on TradingView In this latest surge,…
Discerning the optimal moment to exit the cryptocurrency market is as crucial as the decision to invest. Dennis Liu, also known as Virtual Bacon, shared a methodical and strategic approach to navigating the peaks and troughs of Bitcoin. He proposed a three-pronged exit plan, each element designed to signal when the market may have reached its top. 1. Price Targets: The First Harbinger The initial sign to consider is the attainment of specific price targets: $200,000 for Bitcoin and $15,000 for Ethereum. Liu suggested that reaching these figures could indicate the market is at its peak. This criterion is grounded…
Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell. According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stablecoin generator’s TVL witnessed a 6.3% decline in the same timeframe, falling to $7.98 billion. Defi protocols’ revenue – Jan. 30 | Source: Defi Llama The leading defi protocol, Lido Finance, with a $21.8 billion TVL, accumulated $71.11 million in fees, per the data aggregator. The…
Parallel, the NFT card-battler that Decrypt’s GG named as its 2023 game of the year, may soon be launching to a much larger audience amid teases of an open beta launch on the horizon. Currently available in a closed beta test that’s gradually letting more players in, Parallel said on Twitter (aka X) late Wednesday that info on the open beta is coming “soon.” Furthermore, in a blog post, the game’s developers pointed to the impending open beta as a reason why the latest update doesn’t bring a lot of major in-game changes. “Closed beta isn’t going to be closed…
The world’s second-largest cryptocurrency Ethereum (ETH) has given a strong breakout recently with the ETH price shooting 6% moving past $2,600 levels. With this, ETH has extended its weekly gains to more than 15%. ETH Price Rally to $3,500 Analysts are already bullish about the Ethereum price rally for 2024, and the recent breakout opens the gates for $3,500. Waiting game until #Ethereum starts to pick up pace. Flipped the $2,150 level for support, currently waiting for a breakout for continuation to $3,500. pic.twitter.com/NCHXnu5fP3 — Michaël van de Poppe (@CryptoMichNL) February 12, 2024 Since June 2022, Ethereum’s price has been…
While Bitcoin is approaching $50,000 with its rise, economic data from the USA will be followed this week in BTC and altcoins. At this point, Coinshares, which publishes its weekly cryptocurrency report, said that there was an inflow of $ 1.1 billion last week. “Cryptocurrency investment products saw inflows of US$1.1 billion last week, and year-to-date inflows have reached US$2.7 billion.” When looking at crypto funds individually, it was seen that the majority of fund inflows were in Bitcoin. While BTC experienced an inflow of $1.08 billion last week, the largest altcoin Ethereum (ETH) saw an outflow of $16.5 million.…
In recent hours, some important cryptocurrency whales have traded large amounts of altcoins. Here are some examples of the most important. A whale investor identified by the short address 0x154 withdrew 309,117 APE tokens from OKX for a total of $507,673 at an average price of $1,642 per token. Interestingly, the whale did not hold these tokens for long. Immediately after withdrawal, all APE tokens staked in the staking pool. As of now, this whale holds and staked a total of 404,969 APE tokens in the pool, worth $667,867. Another whale, known as 0x1c6, made a significant move by withdrawing…