Author: NBTC

Ethereum has been under intense scrutiny due to its recent price fluctuations and market performance. While facing a turbulent period marked by significant declines and market challenges showcasing the bearish trend, Ethereum has also shown signs of resilience and potential recovery that could lead to an opposite and more bullish trend. So, this article explores the latest developments in Ethereum, analyzing key market indicators for both potential trends and comparing its performance with that of Solana. Ethereum Mixed Signals: What To Expect For ETH Price? Ethereum Price Shows Bullish Signs: Are Whales Buying the Dip? Ethereum bullish trend was detected…

Neo Global Development is hosting an X Spaces session dedicated to innovative AI applications in Web3. The guest panel will feature team members from projects building on the Neo X EVM sidechain, as well as others from outside the ecosystem. The forum will be moderated by Carolyn, a business development manager at NGD, and will be recorded. The discussion will begin at 10:00 a.m. (UTC) on Friday, July 12, with guests to include: Nick Havryliak, co-founder and CEO of Assisterr Cedar, ecosystem builder at DSC Mahmoud Farouk, COO of TrendX Oz, community lead at GaiaNet Join our Neo Eco-talk Space…

On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid Rise and Fall Triggers Major Liquidations in Crypto Economy Bitcoin reclaimed the $66,000 level on June 20 but couldn’t maintain its position due to selling pressure. As of 2 p.m. Thursday, the price is fluctuating between $64,850 and $65,150. When BTC moves, it often influences the broader crypto market, causing altcoins to rise and fall…

Chainlink’s Proof of Reserve ensures 24/7 monitoring of collateral, enhancing transparency and reducing risks in DeFi. PoR helps prevent infinite minting attacks by verifying sufficient collateral before token creation, safeguarding market integrity. Institutions use PoR for trustworthy collateral management, integrating it with regular audits to maintain investor confidence. Chainlink’s Proof of Reserve (PoR) is becoming an important instrument for maintaining transparency and security in the decentralized finance (DeFi) industry. 1/8 The primary goal of @Chainlink’s Proof of Reserve (PoR) is to monitor the off-chain or cross-chain reserves of any collateralized token and bring this data on-chain.Despite the simplicity, PoR unlocks…

Recent data from PHOENIX, a leading crypto media source, reveals the top blockchain projects based on the total value of staked tokens in USD. This metric is a critical indicator of investor confidence and engagement within these networks. TOP PROJECTS BY TOTAL VALUE OF STAKED TOKENS$ETH $SOL $ADA $SUI $TRX $AVAX $APT $TIA $TON $DOT $NEAR $SEI $MATIC $ATOM $HBAR pic.twitter.com/fx999dD5Cq — PHOENIX – Crypto News & Analytics (@pnxgrp) August 10, 2024 Ethereum Dominates with $88.4B in Staked Tokens, Leading the DeFi Market Ethereum (ETH) is leading the list which has a staggering $88.4 billion worth of staked tokens. This…

The organizer of The Bitcoin Conference just announced that former US President Donald Trump will be one of the speakers at the event. This event, set to take place from July 25 to 27 in Nashville, Tennessee, is one of the largest gatherings of Bitcoin enthusiasts and industry leaders globally. This announcement has sparked remarkable enthusiasm among the crypto community. Trump’s Crypto Campaign Gains Momentum Amidst Political Rivals According to the event organizers, the presumptive Republican presidential nominee will address the audience on July 27. In addition to Trump, other US politicians, including presidential candidate Robert F. Kennedy Jr. and…

CleanSpark stock has the potential for an upside despite the mixed earnings in its most recent financial report. H.C. Wainwright analyst Mike Colonnese reiterated the firm’s “buy” rating with a $27 target price for the shares of the Bitcoin (BTC) miner. The analyst reaffirmed CleanSpark’s buy rating in a note shared with crypto.news on Aug. 12. Analyst reiterats ‘Buy’ Rating for CleanSpark Despite the mixed third quarter 2024 financial results, H.C. Wainwright says the revenue growth of 129% year over year aligned with their estimate. CLSK, which hovered near $10.95 at the time of writing, also has upside potential given…

The price of Bitcoin, the largest cryptocurrency by market cap, is losing ground despite the strength of the US stock market. The flagship cryptocurrency slipped to an intraday low of $64,544 after reaching a peak of $66,436, according to CoinGecko data. The recent bearishness could be related to the Bitcoin selling spree initiated by the German government. According to data provided by analytics platform Arkham Intelligence, the German government sent $65 million to two likely exchange deposits including Coinbase. Notably, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, has noticed that selling pressure is primary origination from…

The DeFi Education Fund said it purchased a patent from True Return Systems that will end litigation against MakerDAO and Compound Protocol. The patent in question is a “method and system for separating storage and process of a computerized ledger for improved function.” The patent was approved by the US Patent and Trademark Office back in 2018. On Monday, DEF said it had “reached an agreement” to purchase the patent from TRS, leading to the immediate dismissal of the cases. Read more from our opinion section: Crypto can benefit from patents without losing its open source ethos DEF said it…

Ethereum’s base fees have reached a multi-year low of just 0.8 gwei, according to the most recent data. Users are supposed to pay for transactions with gas fees. In such a way, it is possible to make sure that the network remains resilient to spam. The base gas fee is the minimum amount of gwei that users are supposed to pay for a transaction to be valid. In addition, users can pay higher fees if they want their transactions to be included in the next block. Ethereum fees depend on the level of demand for the network. Ethereum gas fees…