Author: NBTC

Just how far can crypto-friendly campaign promises from former president Donald Trump carry Bitcoin? Potentially not far, writes 10x Research founder Markus Thielen, noting that other market factors may ultimately stymie whatever bump might be attributed to the presumptive Republican presidential nominee’s embrace of crypto. Bitcoin climbed by 4% over the weekend, bolstered by a mix of political and market factors, but there’s still signs the boost is temporary. In its latest report, 10x Research pointed out that Bitcoin was “deeply oversold,” with all three technical reversal indicators flipping to bullish. Thielen noted that the expected delay of spot Ethereum…

AAVE price soared nearly 11% intraday and was exchanging hands close to $101 at the time of writing. The recent surge in the altcoin seemed to be linked with a new governance proposal that could initialize a fee switch and a token buyback program. Furthermore, the recovery in the broader market due to the Bitcoin 2024 conference helped AAVE to some extent, leading to a double digit rise intraday. As per the analysts, following the proposals, the market activity as well as user engagement surged significantly. New Tokenomic Proposal Indicates Optimism in AAVE The recent surge in AAVE can be…

Aerodrome, a prominent decentralized exchange, has made an extraordinary achievement by reaching a peak in the on-chain trading volume of ETH. Aerodrome effectively accomplished this remarkable development irrespective of its eighty-six percent less liquidity in comparison with UniV3. The platform took to its official social media account to disclose this move. Aerodrome Tops On-Chain ETH Trading Volume ✈️@dexscreener: In 24hrs, Slipstream’s $WETH – $USDC surpassed UniV3’s mainnet pool with 86% less liquidity.Aerodrome’s capital efficiency is unmatched, and traders prefer @base. pic.twitter.com/a4Hhr3Mhkr — Aerodrome (@AerodromeFi) July 27, 2024 Aerodrome Sees Top On-Chain Trading Volume of ETH The platform pointed toward the…

Trust Wallet now supports Notcoin and all TON jettons, enhancing user accessibility. Pixelverse’s Twitter suspension sparks user outrage and confirms scam allegations. Notcoin just announced on X that Trust Wallet now supports Notcoin (NOT) and all the TON jettons. Users can now store, send, buy, and sell Notcoin directly from the app. This integration is a key milestone for Notcoin, increasing its accessibility and usability in the cryptocurrency ecosystem. @TrustWallet now supports Notcoin and all the TON jettons. You can hold, send, buy and sell it directly from the app. Check the price, they got the vibe#probablynothing pic.twitter.com/dnya89AP2m — Notcoin…

While the leading cryptocurrency Bitcoin (BTC) has continued its horizontal movements in the range of $ 62,000-63,000 in recent days, investors who have endured declines for a long time are expecting a big rise. However, a report came from Bitfinex analysts that would upset investors. According to The Block, analysts say that long-term Bitcoin owners have started to make profits again and predict that these investors may sell profits. According to analysts, if long-term investors’ profit taking increases, this could put significant downward pressure on the Bitcoin price in the short term. “Long-term investors, who have been taking a break…

Ethereum (ETH) has been consolidating in the past few days. It appears that the leading altcoin is lacking support from bulls. In fact, we are now witnessing some sell-offs as well. As per Whale Alert, an Ethereum whale triggered a major Ethereum sell-off earlier today. The tracking service reported that this whale transferred 10,291 ETH to crypto exchange Coinbase. This transaction is worth around $33.7 million, based on the current ETH price level. The timing of this whale transfer is crucial as it comes at a time when Ethereum is struggling to get bullish momentum. Notably, crypto whales hold coins…

Leading dog-themed token Shiba Inu ranks among the crypto pairs that are the most compared on CompareMarketCap. According to a recent X post, CompareMarketCap released a list of seven cryptocurrency pairs that are being compared on its platform. It is interesting to note that three out of the seven pairs relate to Shiba Inu. now we are talking. things started to get interesting, here are the most compared pairs on https://t.co/kiMeAukuPP$WIF vs $DOGE$MOG vs $SHIB$BILLY vs $SHIB$BOBO vs $SHIB$APU vs $PEPE$GIGA vs $DOGE$MICHI vs $WIF pic.twitter.com/69RW6fB91z — CompareMarketCap (@comparemcap) July 20, 2024 MOG, BILLY, and BOBO Compared with SHIB According…

Closely followed quant analyst PlanB believes that Bitcoin (BTC) is gearing up for a big bounce based on key indicators. In a new strategy session, the analyst, known for popularizing the stock-to-flow (S2F) model, tells his 169,000 YouTube subscribers that on-chain data indicates BTC remains in a bull market. PlanB looks at the realized price metric, which records the value of all coins in a given time frame at the price they were last transacted on-chain, divided by the number of BTC in circulation. He says that he expects a bounce from the five-month realized price level, which currently sits…

Ethereum (ETH) has experienced a significant decline of around 6.60% over the past week, hitting lows near $3,100 following the launch of Ethereum spot ETFs. Despite this recent turbulence, market analysts remain optimistic about Ethereum’s potential for a substantial upward surge. Key metrics and technical patterns suggest that Ethereum is gearing up for a major rally, potentially driving its price beyond the $4,000 mark. In a TradingView post on July 27, analyst RLinda highlighted that the ETHUSDT chart shows bulls actively maintaining the price above a crucial support line. According to the analysis, Ethereum is currently navigating a correction phase,…

Helium, a blockchain network tailored for the Internet of Things (IoT), has seen its price climb by 11% over the past day, currently valued at $4.96. According to the latest data from crypto.news, Helium (HNT) now holds a market capitalization of around $797 million, ranking it 88th in the global cryptocurrency market cap standings. Over the past week, the cryptocurrency has also seen a significant rise, increasing by more than 40%. The trading volume for HNT has surged by 207% in the last 24 hours, reaching $17.9 million. During this period, its price fluctuated between $4.47 and $5.21. Helium, established…