Author: NBTC

Bitcoin price started a fresh increase above the $70,000 resistance. BTC is showing positive signs and might rise further above the $72,000 resistance in the near term. Bitcoin started a decent increase above the $69,500 and $70,000 resistance levels. The price is trading above $69,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it settles above the $71,200 level. Bitcoin Price Eyes More Upsides Bitcoin price formed a base and…

Bitcoin’s price soared to $71,200 on Tuesday, only 4% away from its all-time high of $73,700 established earlier in March, according to data from TradingView. The rally comes on the heels of massive inflows into US spot Bitcoin exchange-traded funds (ETFs). Data from HODL15Capital shows that US Bitcoin funds collectively witnessed $887 million in net inflows, marking the second-highest such inflow ever recorded.US Spot Bitcoin ETF Inflows (June 4) – Source: HODL15Capital Leading the charge, the Fidelity Wise Origin Bitcoin Fund amassed an impressive $378 million, while BlackRock’s iShares Bitcoin Trust followed with $275 million, according to insights from Farside…

BitGo divulges that $BONK, a community token in the Solana ecosystem, is presently accessible for custody. $BONK, nicknamed The Dog Coin of the People, was introduced as a free airdrop targeting the Solana community on the 25th of December, 2022. Presently, $BONK takes credit for having more than 119 incorporations throughout ten individual chains. Presently, the $BONK community is engaged in several activities. Still, its priorities lie in three factors: multichain expansion for connectivity throughout chains, simplified DeFi for members of the community, and gaming acceptance. Through the backing of the asset, BitGo offers the holders of $BONK safe and…

The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains steady above $70,000 at 1:05 p.m. EDT on June 4, 2024. Before this, BTC reached a daily high of $71,031, and at the time of writing, it is hovering just above $70,600. This near 3% boost gives BTC a 4.4% gain against the U.S. dollar over the last week. Trading volume rose from $10…

Cryptocurrency tracker Whale Alert has detected a massive lump of XRP coins transferred to one of the leading crypto exchanges, Bitstamp. This transfer made ripples within the Ripple community as many commentators shared their takes under the tweet as to the nature of this transaction. Millions of XRP on move, sender unveiled The aforesaid data source shared that, approximately 15 hours ago, an anonymous whale transferred a total of 28,940,000 Ripple-affiliated XRP coins. The destination was major cryptocurrency trading platform Bitstamp. This amount of cryptocurrency is evaluated at $14,229,498. The XRP army started a heated discussion about the possible seller…

U.S.-listed spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelity’s FBTC. Bitcoin rose over $71,000 in Asian trading hours, adding 3% in the past 24 hours, with the CoinDesk 20 index rising 2.65%. U.S.-listed spot bitcoin (BTC) exchange-traded funds (ETF) saw over $880 million in inflows on Tuesday led by Fidelity, provisional data released on Wednesday shows. Bitcoin rose over $71,000 in Asian trading hours as the data went public, adding 3% in the past 24 hours. The broad-based CoinDesk 20 (CD20), an index of the largest tokens, rose 2.65% Fidelity’s FBTC took on $378…

A new proposal has already raised much controversy in the cryptocurrency community. Crypto Twitter is discussing whether Arbitrum’s (ARB) Reputation NFTs can be used for claiming retroactive airdrops in the future. ArbitrumDAO introduces Reputation NFTs: Here’s how they work The Reputation NFT system might go live on Arbitrum (ARB) soon, as TogetherCrew analysts received a corresponding grant from ArbitrumDAO. This statement was shared on Arbitrum’s main community forum by Daniel Ospina of RnDAO. join us :)I’ll share some of the ways we approach this in @RnDAO__ and also the Dynamic Reputation NFTs we’re working on at @together_crew (in partnership with…

Dive into SpaceCatch’s cosmic adventure and become the hero Earth needs to defend against an alien invasion. Blending advanced technology with an engaging storyline, this thrilling game invites you to join its Public Beta Launch on April 22. SpaceCatch offers a unique experience where every decision you make directly influences the game’s outcome. By teaming up with friends and exploring new galaxies, you have the opportunity to become the ultimate defender against extraterrestrial threats. With the fate of the planet hanging in the balance, your actions are crucial. Embark on this epic journey, rising to the challenge of safeguarding Earth.…

The Ethereum Name Service (ENS) led CryptoSlam’s non-fungible token (NFT) market Monday with over US$4.27 million in sales. ENS is not directly categorized as an NFT collection but uses NFT technology. ENS is a decentralized domain name protocol on the Ethereum blockchain that allows users to convert Ethereum addresses into human-readable formats. This means that when you register an ENS domain, you receive a unique NFT that corresponds to your domain name, which can be transferred or sold just like any other NFT. The second-ranking collection for the day was the $PIZZA BRC-20 NFTs, which recorded sales of US$2.18 million.…

Worldcoin, the crypto startup from OpenAI founder Sam Altman, is launching a layer-2 Ethereum blockchain. The blockchain will be based on Optimism’s OP stack blockchain-building framework to offer users cheaper fees and faster speeds. The chain is designed to prioritize verified humans over AI bots and trading algorithms. Users who authenticate themselves via Worldcoin’s retina-scanning “orb” device will get special treatment. OpenAI founder Sam Altman’s retina-scanning crypto startup, Worldcoin, is getting its own blockchain. World Chain, a layer-2 network on Ethereum slated for a release this summer, will grant special treatment to users who scan their eyeballs in exchange for…