Author: NBTC

In the latest data on decentralized finance (DeFi) protocols, Uniswap has emerged as the leader in terms of average fees collected over the past seven days. According to recent figures, Uniswap generated a staggering $2.3 million in fees, solidifying its position as the top-performing DeFi project in this metric. This significant lead underscores Uniswap’s dominance and the growing user adoption of its decentralized exchange platform. TOP 10 PROJECTS BY 7D AVG. FEES #Uniswap – $2.3M#Aave – $1.0M#KyberNetwork – $297.3K#MakerDAO – $262.0K#Sushi – $51.5K#Curve – $47.0K#GMX – $38.5K #Synthetix – $19.2K#Spookyswap – $18.8K #TraderJoe – $14.0K pic.twitter.com/jUTpFTWXRA — PHOENIX – Crypto…

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound. However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend. By Shayan The Daily Chart A closer look at Ethereum’s daily chart reveals a strong bullish response near the critical $2.1K support level, resulting in a rapid surge. This movement indicates robust demand around $2K, with investors showing interest at lower prices, reflecting their confidence in its long-term potential. However, ETH…

Barely one year after Osaka Digital Exchange (ODX) rolled out a digital securities platform for trading security tokens, several reports have emerged that the exchange is set to begin listing digital bonds. The SBI-backed digital exchange confirmed that ODX’s START platform will host digital bonds that meet the listing criteria. Since START’s launch in late 2023, real estate security tokens have been the most common issuances on the platform, given their innate popularity in Japan. ODX will open its doors to three digital bonds in the coming months but specifics were not disclosed to the public. The successes of digital…

Bitcoin’s potential to hit $100,000 remains a topic of keen interest among investors. Various market dynamics and economic indicators suggest that this ambitious target is still within reach. Experts share insights on what it will take for Bitcoin to achieve this milestone. The Path to a $100,0000 Bitcoin Felix Mohr, co-founder of MohrWolfe, told BeInCrypto about Bitcoin’s potential, emphasizing the growing demand and increasing Open Interest (OI). Recently, Bitcoin futures OI surged by $2.02 billion in just three days. “This increased buying interest in Bitcoin is no coincidence. Investors have made it clear they anticipate two US Federal Reserve rate…

BlackRock’s Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust, could become the first US spot Ethereum fund to hit $1 billion in net inflows. The ETF, trading under the ETHA ticker, has logged around $901 million in net capital just three weeks after its launch and is well on track to achieve the milestone, Farside Investors’ data shows. Ethereum ETF Flow – Source: Farside Investors Nate Geraci, the president of The ETF Store, is confident that ETHA will reach $1 billion in inflows this week, adding that it is one of the top six most successful ETF launches of the…

According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels Over the past month, starting from July 11, 2024, a staggering 99,308 BTC, valued at $5.96 billion, has been withdrawn from exchanges. Currently, cryptoquant.com’s data shows that centralized exchanges are holding 2,679,880 BTC, worth approximately $161 billion based on bitcoin rates as of Sunday, Aug. 11. The last time reserves were this low was…

Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic based on historical precedence. Bittel tells his 69,400 followers on the social media platform X that Bitcoin is in a historical “boring” phase ahead of an expected “banana” rally that has come after the halving events when miners’ rewards are cut in half. “What we’re currently witnessing in terms of Bitcoin price action is fairly typical around the actual halving: a big pump leading into the halving, followed by a brief but sharp correction, a period of sideways chop, a final dump to…

A whale address that participated in the 2015 Ethereum ICO has moved 48,500 ETH to the OKX exchange after nearly a decade of dormancy. At current market rates, this Ethereum transfer is valued at approximately $154 million. The whale address originally acquired 1 million ETH during the 2015 ICO at a price of $0.311 per ETH. As of today, Ethereum’s live price is $2,541. Its market cap is $306.29 billion, and its 24-hour trading volume is $14.86 billion. Ethereum has decreased by 3.94% in the last 24 hours, and its circulating supply is 120.27 million. Considering that 48,500 ETH were…

Argentina’s victory over Canada in the Copa America semi-finals brings cheer to Argentina fan token holders. The token has seen over $20 million in trading volume in the past 24 hours. Defending champions Argentina advanced to the finals of the Copa America soccer tournament on Tuesday, more than doubling the market value of the country’s fan token, ARG. According to data source CoinMarketCap, the price of the Argentina Football Association’s cryptocurrency has risen 107% to $2.32 since the team’s 2-0 victory over Canada, reaching its highest level since May 30, surging over 70% in the past 24 hours alone. Its…

A few days ago, the integration of the API of the crypto exchange Rango within Trust Wallet was announced. 🚀 Thrilled to announce that @TrustWallet has integrated Rango’s API for seamless #crosschain swaps and bridging! Users can now transfer assets across 10+ chains effortlessly. 🔄 📄 More details:https://t.co/HCjiPu15Sz#Crypto #Blockchain #DeFi pic.twitter.com/QLuRrHlpXu — Rango (💙, 🔄) (@RangoExchange) August 7, 2024 Thanks to this integration, users of the famous crypto wallet can transfer assets on over 10 chains effortlessly. Crypto news: the integration of Rango Exchange in Trust Wallet Trust Wallet: the non-custodial crypto wallet The new integration Cross-chain transactions The token…