Author: NBTC

The price of Ethereum (ETH) has been falling as it faces rejection at the moving average lines. Long-term analysis of the Ethereum price: bearish On July 29, buyers tried to hold the price above the moving average lines but failed to do so. Ether is falling as it approaches the current support at $3,093. Currently, the altcoin has reached a low of $3,172. Should the bears breach the current support at $3,093, Ether would fall to its previous low of $2,850. However, if the current support at $3,093 holds, the largest altcoin will be forced to move in a rangebound…

According to data provided by CoinMarketCap, XRP is the most traded cryptocurrency on Upbit, the leading South Korean cryptocurrency exchange. The XRP/KRW pair generated $448.5 million in trading volume over the last 24 hours. Notably, the SHIB/KRW pair comes in a distant second place with $178.5 million worth of trading volume. Bitcoin, the leading cryptocurrency, is only in third place with $171.4 million. A major crypto hub South Korean traders are particularly keen on altcoins, with smaller tokens typically attracting substantial trading volumes on local exchanges. As reported by U.Today, the Korean won managed to surpass the U.S. dollar by…

A former chief executive of a crypto platform is trying to build a crypto following for Vice President Kamala Harris, hoping to raise money and secure industry endorsements for the Democratic presidential candidate. Former Uphold CEO J.P. Thieriot says he’s hoping to counter the digital assets sector’s recent enthusiasm for former President Donald Trump. The former CEO of crypto platform Uphold, J.P. Thieriot, is trying to drum up crypto support for Vice President Kamala Harris as she pursues the Democratic nomination in the presidential election, arguing that former President Donald Trump is offering empty promises to the industry and Harris…

After a price drop on June 24, the Bitcoin (BTC) price is consolidating above the psychological price threshold of $60,000. Long-term Bitcoin price forecast: bearish On June 24, the long candlestick tail indicates significant buying pressure at the lower price level. The largest cryptocurrency is consolidating in a limited price range between $60,000 and $63,000. Bulls and bears are vying for price control. Should the bears break the current support of $60,000, Bitcoin will fall to a low of $56,710. The bearish momentum will extend to the psychological price threshold of $50,000. On the upside, Bitcoin will resume its positive…

Ethereum (ETH) whales are making major moves on the crypto market, suggesting strong bullish sentiment despite short-term price volatility. According to crypto analyst Ali Martinez, these large investors have accumulated over 126,000 ETH in the last 48 hours, amounting to approximately $440 million. In a tweet, Ali wrote, “Ethereum whales have accumulated over 126,000 ETH in the last 48 hours, worth approximately $440 million.” Ethereum whales have accumulated over 126,000 $ETH in the last 48 hours, worth approximately $440 million! pic.twitter.com/hwHU0fAcdc — Ali (@ali_charts) July 31, 2024 According to CryptoQuant CEO Ki Young Ju, whales might be preparing for the…

While Donald Trump has already declared support for the crypto industry, Galaxy CEO Mike Novogratz said the former president’s opponent could soon do the same. Vice President Kamala Harris — set to be the Democratic nominee to challenge Trump in the November election — has not talked much about crypto to date. Harris’ campaign has not returned a number of Blockworks’ requests for comment about her stance on the issue. Trump, meanwhile, perhaps most notably spoke at Bitcoin 2024 last week. He stated he would, if elected, fire SEC Chair Gary Gensler and promised to “keep 100% of all bitcoin…

Shiba Inu marketing lead Lucie highlights the significance of the cryptocurrency’s upcoming play-to-earn (P2E) game, Shiba Eternity, saying it is big for Shibarium, SHIB, and BONE. Lucie emphasized that the upcoming game represents a significant milestone for Shiba Inu’s blockchain Shibarium and two ecosystem tokens- SHIB and BONE. Interestingly, she attached a short clip to the tweet, showcasing Shiba Eternity’s gameplay. THIS IS BIG FOR #Shibarium & $BONE &$SHIB To play this game, you will need to own a #Shiboshi, and later, #Sheboshis will be utilized.@shiboshisworld & @sheboshis 🎮 Shiba Eternity will fully integrate with the Shibarium blockchain, changing digital…

Lucie, the marketing specialist of the Shiba Inu ecosystem, shares words of encouragement with community members following the massive plunge in SHIB’s price. Recall that SHIB suffered a double-digit loss yesterday after hackers of India’s largest crypto exchange stole $230 million worth of digital assets, including SHIB. As reported earlier, Shiba Inu represents the biggest asset by dollar value stolen from WazirX. Specifically, the attackers carted away 5,433,750,000,000 (5.43 trillion) SHIB worth $102.1 million. Shortly after the heist, the attackers sold all 5.43 trillion SHIB for 26,535 ETH tokens, valued at approximately $92 million. This move negatively affected SHIB’s price,…

The well-known eSports gaming platform Elfin Metaverse has partnered with Coin98 Super Wallet to connect eSports and GameFi. They aim to create earning opportunities for their users through eSports and GameFi. We’re now integrated with @coin98_wallet, the leading multi-chain crypto wallet and DeFi gateway! This collaboration allows us to combine our strengths in eSports and GameFi, creating new and exciting opportunities for our communities.Get ready for some amazing surprises we’ve… pic.twitter.com/D5fH6EWF1l — Elfin Metaverse (@ElfinGames) July 31, 2024 Built on Elfin Lands, Elfin Metaverse is an open-world Metaverse and eSports platform where one can meet new users and play virtual…

CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the acquisition of its first Bitcoin mining site in Wyoming. This move marks an expansion of the company’s operations into a third US state. The initial 30 MW facility, located in Cheyenne, is set to be a fully immersion-cooled data center. CleanSpark expects this site to contribute over 2 exahashes per second (EH/s) to its overall hashrate once operational. The company plans to break ground immediately, with operations projected to commence before…