Author: NBTC

In this article we see all the latest news of the week on the crypto airdrop front. Several projects are continuing with their incentive campaigns, with many rewards on the horizon in the coming months. Among the most important, we mention Etherfi with Season 2, Scroll, and Grass. An airdrop from the Telegram ecosystem is also on the way, with the Dogshouse project about to hit the market. All the details below. Crypto airdrop: green light for the claim of Etherfi Season 2 The layer-2 Scroll introduces the Canvas mode Last month to farm the airdrop of Grass Dogshouse: the…

The release date of Binance founder Changpeng Zhao (CZ) has been postponed. Despite the expectation of Binance fans celebrating CZ’s release on August 30, a fact check reveals that this is not the case. On April 30, U.S. District Judge Richard Jones sentenced CZ to four months in a Seattle prison and recommended Seatac, a prison and administrative security federal detention center. But CZ’s legal team, consisting of attorneys from prestigious law firms Quinn Emanuel Urquhart & Sullivan, Davis Wright Tremaine and Latham & Watkins, worked diligently to delay his detention. Contrary to popular belief, CZ did not check into…

According to Fred Krueger, a popular Bitcoin advocate, the price of Bitcoin (BTC) could be on track to double between now and the end of the year. “No more turtle nonsense,” he added. The bullish prediction comes as the Bitcoin price is attempting to revive its bullish momentum. Earlier today, the price of Bitcoin peaked at $63,790, according to data provided by cryptocurrency tracking site CoinGecko. However, it has since pared some of its gains, currently trading at $63,368. Despite the fact that Bitcoin’s price performance has been rather underwhelming after multiple failed attempts to surpass the $68,000 level, the…

Ethereum’s price has been consolidating above the 100—and 200-day moving averages, indicating a bullish trend. Given the launch of spot ETH ETFs, upward momentum targeting the wedge’s upper boundary is anticipated in the mid-term. By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that after breaking above the critical 100-day moving average at $3,354, it entered a period of sideways fluctuation, with the price lacking clear direction. This phase confirms the breakout and suggests an equilibrium between buyers and sellers in the market. However, with the official launch of spot ETH ETFs and a net inflow…

Three major central banks are holding policy meetings this week and the results from each are anticipated to be at least somewhat different. The first decision is set to come Wednesday (Tuesday evening in the U.S.) from the Bank of Japan and analysts are split on whether the BOJ will either raise its policy rate from the current 0%-0.1% or send a signal that a rate hike is soon to come. What’s known is that inflation in Japan has been above the bank’s 2% target for some time and the yen – though rallying of late – continues to hover…

Leading crypto asset manager Grayscale Investments spotlights the remarkable performance of Shiba Inu (SHIB) and XRP (XRP) over the past week. XRP and Shiba Inu were the two best-performing cryptocurrencies on Grayscale’s weekly snapshot, which highlights the top 10 cryptocurrencies based on their returns in the past week between July 7 and July 17, 2024. 📸 Grayscale Crypto Snapshot – Assets Our weekly snapshot of the top 10 #crypto assets by 1 week returns. –$XRP $SHIB $DOGE $ADA $BTC $SOL $ETH $BNB $TRX $TON pic.twitter.com/lWOM7gWbFX — Grayscale (@Grayscale) July 18, 2024 XRP Ranks as Best-Performing Crypto XRP topped the ranking…

The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in crypto short and long liquidations, with bitcoin shorts comprising $49.85 million. $49M in Bitcoin Short Liquidations as Resistance Hits Bitcoin’s value against the dollar has climbed over the last day. By 2 p.m. EDT on Monday, BTC surged to $63,794 before encountering resistance. Across the entire crypto market, $72.56 billion has been traded, marking a 54.07% increase…

Law professor and filmmaker Brian Frye and songwriter Jonathon Mann have filed a lawsuit against the U.S. Securities and Exchange Commission. The lawyers argue that the SEC’s approach to regulation threatens the livelihoods of artists and creators experimenting with NFTs. Proud to represent my client and friend Jonathan Mann @songadaymann in his brave and unfortunately necessary lawsuit against the SEC.Art is not a security, and musicians working in a digital medium should not have to hire expensive securities lawyers just to release music. https://t.co/FBYL9FZZfG — Jason Gottlieb (@ohaiom) July 29, 2024 Table of Contents What the lawsuit says The SEC’s…

Despite a recent drop in Ethereum ($ETH) prices, large holders have accumulated 112.9k ETH, valued at nearly $390 million. This substantial accumulation underscores investor confidence in Ethereum’s long-term potential. Despite a drop in $ETH prices yesterday, large holders accumulated 112.9k ETH, valued at nearly $390 million. This accumulation notably surpasses the $106 million net inflows to the ETF. pic.twitter.com/b22FMWogHa — IntoTheBlock (@intotheblock) July 24, 2024 The accumulation notably surpasses the $106 million net inflows to the Ethereum ETFs, highlighting a significant difference in the scale of investment activities. This suggests that large holders are taking advantage of the price dip…

Republican presidential candidate Donald Trump recently announced plans to create a Bitcoin (BTC) strategic reserve, a potentially monumental factor in the financial markets. Trump stated that if elected, he would ensure the United States maintains all Bitcoin it currently holds or acquires in the future as a strategic asset. This potential policy shift could significantly impact various sectors, especially those closely linked to Bitcoin and blockchain technology. Here are three stocks that stand to benefit if the US moves forward with this plan. Coinbase Global (NASDAQ: COIN) As one of the largest cryptocurrency exchanges in the world, Coinbase (NASDAQ: COIN)…