Author: NBTC
Whale Alert, a crypto transaction monitoring platform, has detected a substantial movement in the XRP market. Approximately 30 million XRP tokens, valued at around $19 million, were withdrawn from Upbit, South Korea’s leading cryptocurrency exchange, which boasts a turnover of $5.5 billion, as reported by CoinMarketCap. The withdrawal was directed to an undisclosed address labeled “r3ow”, known for its history of handling large XRP transactions. Presently, only 978,122 XRP tokens remain at this address, indicating a rapid dispersal to various destinations. Such significant withdrawals from exchanges often suggest strategic asset management, potentially reflecting a bullish sentiment among investors. Conversely, movements…
Founder of SkyBridge Capital Anthony Scaramucci has taken to the popular X social media platform (known as Twitter in the past) to share his excitement about the pace at which BlackRock’s spot Bitcoin ETF (iShares Bitcoin Trust [IBIT]) continues to acquire Bitcoin. This week, BlackRock’s Bitcoin-based exchange-traded fund crossed over the $10 billion line within the last seven days. Scaramucci reminded his followers that earlier this week, the crucial milestones of $7 billion, $8 billion and $9 billion were reached. $iBIT crosses over $10 billion in AUM (after crossing $7 billion, $8 billion and $9 billion on consecutive days…….all this…
X owner Elon Musk asked today why Ethereum co-founder Vitalik Buterin left X. Responding to Autism Capital’s post, which thinks Vitalik Buterin should return to the X platform, Musk said, “Why did Vitalik Buterin leave X?” asked. Vitalik Buterin has been active on Farcaster, a cryptocurrency-centered Twitter-like social media platform, for a long time. At this point, Buterin said in February, “Farcaster has gotten to the point where it’s pretty useful as a Twitter alternative for a lot of people. I think the channels actually make it *better* in a lot of ways.” he said. Stating that Ethereum founder Vitalik…
Fantom’s FTM token has rallied over 190% in four weeks. The network’s upcoming Sonic upgrade may have catalyzed the bull run. The upgrade’s testnet has demonstrated faster transaction processing speeds and finality times. Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price has surged from 40 cents to $1.16, reaching the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization has jumped to $3.29 billion, making it the 44th largest digital asset in the…
Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April. In a CNBC interview published Friday, Thiel highlighted the disparity in access to capital and equipment financing between smaller and larger miners in the current mining market cycle. He noted that while larger miners have had the opportunity to raise capital, smaller miners have faced challenges in scaling due to limited access to financing options. “Post halving I think you’ll see the smaller miners come under financial stress, which will enable the bigger miners to consolidate the industry,” he said.…
Quick Take Historical data, as shared by Thomas Fahrer, co-founder of Apollo Sats, illustrates that a future rise of Bitcoin to $1 million would not rank within the digital assets top three bull runs. Data by Fahrer shows that between July 2010 and Jan. 2011, Bitcoin’s price catapulted from $0.05 to $24, a 480-fold increase. Later, from October 2011 to November 2013, Bitcoin rose from $2 to $1,100, a 550-fold surge. Yet another bull run occurred from January 2015 to December 2017, with Bitcoin growing over 122 times, from $160 to $19,500. The most recent bull run from March 2020…
Market Watcher Captain Faibik has argued that Ethereum (ETH) could be on a path to reclaim the lost $4,000 price amid a potential regulatory hurdle. In a recent analysis of ETH’s trajectory on X, Faibik disclosed that the $4,000 target has become evident. The analyst reached this conclusion after observing ETH’s established candlestick patterns in the four-hour timeframe. Specifically, he observed a bullish breakout through a descending wedge pattern, a known technical formation that marks the end of an asset’s consolidation phase. Accordingly, the analyst declared that the $4,000 threshold for Ethereum is on the horizon. $ETH #Ethereum Descending Broadening…
Chainlink Journal predicts Chainlink’s revolutionary potential, attracting BlackRock’s interest. Insights highlight Chainlink’s evolution since 2017 and its transformative trajectory. Chainlink Journal emphasizes Chainlink’s undervaluation and unprecedented investment opportunity. In a recent update from Chainlink Journal, an official Chainlink News channel, insights are shared regarding BlackRock’s interest in Chainlink. According to the channel, Chainlink is deemed the most undervalued asset in the market. BlackRock is buying #Chainlink for a reason. Chainlink is the most undervalued asset on the board and it will literally revolutionise the way humans communicate, verify and transact. Chainlink is going to two hundred dollars very soon and…
Bitcoin continues to soar, and has flitted just 11% away from touching its all-time high of $69,044. It certainly feels like a bull run—but how long will that feeling last? To be sure, crypto Twitter has opinions. This cycle will be shorter than previously, the chattering class opines, but experts are torn. The biggest digital coin by market cap is now trading for $61,323, having risen by 43% over the past month, as it stood at $42,172 at the start of February, according to CoinGecko. It’s now hitting highs not reached since 2021. “I think most are surprised at how…
How are Monero (XMR), Radix (XRD), and SingularityNET (AGIX) performing in the crypto market? Below is an overview of their prices and the latest news involving them. Monero (XMR) shows resilience after being delisted from Binance Radix Network presents Project Ignition to strengthen DeFi liquidity AGIX: prices compared to Monero and Radix Monero (XMR) shows resilience after being delisted from Binance Monero (XMR) has shown resilience in prices and network despite its delisting from Binance on February 20th. The main privacy cryptocurrency has recovered the $150 zone and has set a new record with over 100,000 daily transactions. On March…