Author: NBTC

Key Points: The new US Spot Ethereum ETF launches trading with a massive starting asset of nearly $10.3 billion. Most of the ETF’s initial funding comes from ETHE’s assets, highlighting strong investor confidence. Bloomberg’s James Seyffart notes the impressive asset level, reflecting the high demand for Ethereum investment. Bloomberg ETF analyst James Seyffart recently shared his views on the US Spot Ethereum ETF launch. In an update on the X platform, James Seyffart wrote that the ETF opened to trading with an initial asset base just a hair shy of $10.3 billion. This portrays immense interest and investment in Ether,…

MakerDAO polls were approved, initiating LITE-PSM-USDC-A Phase 1 and the Morpho market for Pendle PT tokens. Karak Network announces native staking for MKR tokens and a focus on NewGovToken. In a tweet, MakerDAO announced that the latest governance polls had been approved by Maker Governance. The two polls to launch the LITE-PSM-USDC-A Phase 1 and activate a Morpho market for Pendle PT tokens, promoted by the Phoenix Labs and Block Analitica teams, were successful and will be included in a future Executive Vote. The latest governance polls have been approved by Maker Governance. Promoted by @phoenixlabsdev and @blockanalitica teams, the…

Top US-based crypto exchange platform Coinbase is abruptly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game. In a new announcement on the social media platform X, Coinbase says LRDS will be added with an Experimental label, meaning the token is new to the platform or it has low trading volume compared to the broader digital assets industry. “BLOCKLORDS (LRDS) is now live on Coinbase.com in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” BLOCKLORDS is a free-to-play, medieval-themed,…

Toncoin blockchain has announced a strategic partnership with Animoca Brands to revolutionize decentralized identity This integration aims to include MOCA ID into Ton’s blockchain. Ton blockchain has announced a strategic partnership with Animoca Brands, a leading player in the gaming and blockchain industry to increase user action via a decentralized identity (DID) system. Two days ago, we announced TON Foundation’s strategic partnership with @animocabrands’ @MOCAFoundation! But why is this a big deal? 👀 🧵⬇️ pic.twitter.com/2aE2b7X5Qi — TON 💎 (@ton_blockchain) July 24, 2024 This calculated collaboration aims to utilize the combined efforts of Mocaverse, a consumer network backed by Animoca Brands…

At a time when the crashing of the price of Bitcoin is creating shocking headlines, a crypto analyst has come up with a positive observation about the future of Bitcoin. The observation is sending a feeling of hope to Bitcoin traders and investors. Let’s see what a crypto expert has to say about the future prospects of Bitcoin. Do we really need to worry about the fall of the price of Bitcoin to around $58,000? Bitcoin Market Landscape: An Analysis At the time of writing this news story, the price of Bitcoin stands at $58,857. The daily chart of Bitcoin…

Ethereum (ETH) could hit an ATH between $10,000 to $14,000 according to reputed analyst. He says this ATH is all but certain following the aftermath of the ETH ETF launch. So far, this analyst, Doctor Profit has been accurate with every ETH prediction he’s shared. The Ethereum (Ether) ETH ETF launch is almost upon us. Just before the launch commences, reputed and renowned crypto analyst, Doctor Profit, shares his prediction for the aftermath of the launch. Known for his silver-tongued predictions, this analyst looks forward to a bright and bullish future for ETH price. The big $ETH ETF reportAll you…

Jumping back into the trend, the Hawk Tuah (HAWKTUAH) meme coin is up 220% in the last 24 hours, teasing the possibility of a surge to higher levels. Rising back into the top 1,500 altcoins, the HAWKTUAH meme coin now boasts a market cap of $2.380 million and a 24H trading volume of $3.370 million amid a near 30,000% increase. Moreover, the Hawk Tuah token has surged by more than 200% in the last 24 hours, revealing a new surge in demand. Will this bullish trend revival sustain a long-term momentum to reach the heights of top meme coins like…

Bernstein said bitcoin miners have upside from the power portfolios they control. Miners that focus on an active power strategy and efficiency are more likely to see a valuation rerating, the report said. Large miners remain focused on bitcoin production and Riot Platforms, CleanSpark and Iris Energy are best positioned to grow market share, the broker said. Bitcoin (BTC) miners have significant potential upside from the power portfolios that they control, broker Bernstein said in a research report on Wednesday. “We believe, bitcoin miners by focusing on an active power strategy and pushing the frontiers of power efficiency, can make…

Hong Kong — Nexabot AI, a pioneering developer of AI-driven crypto tools, has officially launched an innovative trading bot designed for the Cronos EVM blockchain. This Telegram bot offers users a seamless, intuitive interface for trading and monitoring assets on the Cronos EVM network.—Backed by Cronos Labs, the $100M Web3 startup accelerator, and in partnership with VVS Finance, the leading DEX on Cronos EVM, Nexabot AI is set to transform how users capture token trading opportunities. This dedicated Telegram bot simplifies the trading process, allowing users to quickly respond to market movements on Cronos EVM.Currently, Nexabot AI supports spot trading…

As the decline in Bitcoin continues to deepen, investors are wondering, on the one hand, when the rise will begin and on the other hand, how far the decline can go. At this point, cryptocurrency data platform IntoTheBlock said that more than 16% of BTC holders were at a loss after Bitcoin fell below $ 60,000. He also explained the levels to watch for BTC below $60,000 and the next demand zone where the decline could go. IntoTheBlock analysts pointed out that, according to historical data, BTC showed a tendency to weakness below $ 60,000, and said that further downward…