Author: NBTC

Olympic gold medal winner Caitlyn Jenner appears to have launched a Pump.fun token, which sent Crypto Twitter into a meltdown. That’s led Decrypt down a rabbit hole to find the person who claims to have deployed the JENNER token on Pump.fun. “We love crypto!” Jenner posted on Twitter followed by a Pump.fun link and a photo with Donald Trump. The JENNER token quickly made it onto decentralized exchange Raydium—a key goal for Pump.fun tokens—and is currently up 24,838% since its creation. “I’m connected with pretty much every celebrity,” Sahil Arora told Decrypt, claiming that he deployed the JENNER token. But…

Bitcoin (BTC) lost a four-month price range after breaking down from $60,000, trading as low as $53,540. Now, a prominent cryptocurrency analyst believes BTC can revisit its lows and maybe drop even further in a bearish context. CrypNuevo shared this analysis in his “Sunday Update” as a thread on X, pointing to key technical indicators. In the analyst’s words, “The next key level to the downside is exactly $51.7k.” Essentially, the $51,700 price level matches with leverage liquidation pools formed after the wick down to $53,540. Moreover, it matches the 50-week exponential moving average, which is a solid price and…

Mendi Finance leverages advanced strategies to maximize staking rewards. Key risk indicators include liquidity management and whale impact analysis. Leveraged restaking has become a popular cryptocurrency method, allowing users to receive airdrops from Liquid Restaked Tokens (LRTs) in addition to leveraged staking payouts. Layer 2 solutions (L2s) and associated protocols have quickly included LRTs into their ecosystems, capitalizing on this emerging trend. Mendi Finance and Zero Lend are two prominent players who use this method and have significant Total Value Locked (TVL). Leveraged Restaking On Linea🧵 Leveraged restaking has become a popular strategy to earn airdrops from LRTs on top…

The Ethereum (ETH) supply on exchanges has reached its 34-month highs as the asset’s price surpasses the $3,500 mark. ETH is up by 2.3% in the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a $419 billion market cap — briefly touched an intraday high of $3,517 earlier today. ETH price, whale activity, RSI and supply on exchanges – July 17 | Source: Santiment Ethereum’s daily trading volume also surged by 7.6%, reaching $19.8 billion. You might also like: Bitcoin mining stock analyst discusses ‘Trump Bump’ According to data provided…

Cross-chain interoperability protocol Owlto Finance has raised new funds in a round backed by Matrixport, propelling its valuation to $150 million. Owlto Finance, a cross-chain bridging service developed as Ethereum‘s layer-2 roll-up solution, has attracted fresh capital in a funding round backed by Matrixport, boosting its valuation to $150 million. Launched in 2023, Owlto Finance boasts support for more than 45+ networks within the Bitcoin, Ethereum, and Solana ecosystems. Although the size of the funding wasn’t disclosed, it’s understood that the proceeds will help the startup expand its network support as well as advance a new interoperability protocol, which will…

Key Points: Ethena’s May custodian certificate reveals $2.677 billion in assets, bolstering investor confidence. Copper, Ceffu, and Cobo verified holdings contribute significantly to the custodial assets. With $15.4 million for redemptions and $42.3 million in reserves, Ethena ensures liquidity and stability. Ethena USDe has released its highly anticipated USDe asset custodian certificate for May. The certificate, unveiled as of 18:00 (UTC+8) on May 24, showcases a remarkable $2.677 billion in custodial assets, further solidifying Ethena’s position in the digital asset market. Among the key highlights of the custodian certificate is the revelation that the supply of USDe stands at 2.673…

In the past 24 hours, a staggering $171 million worth of short positions have been liquidated, signaling a dramatic shift in the crypto market. Earlier this week, the market experienced a significant downturn, with Bitcoin (BTC) hitting a low of $53,300, primarily driven by heavy selling from Mt. Gox and the German government. 🚨 BREAKING 🚨 $171,000,000 WORTH OF SHORTS HAS BEEN LIQUIDATED IN THE PAST 24 HOURS.BEARS ARE GETTING REKT pic.twitter.com/73eKl6ZeL0 — Ash Crypto (@Ashcryptoreal) July 7, 2024 Massive Liquidations Amid Market Volatility The price drop caused extensive damage, leading to the liquidation of $263 million worth of long…

Ethereum price topped out at $3,517 on Wednesday, July 17, 2024, marking a 25% rebound over the last 12 days of trading; on-chain data shows increased staking on the ETH 2.0 network could be a key bullish catalyst. Ethereum Price Spikes 25% Ahead of Expected ETF Launch on July 23 The anticipation surrounding the potential launch of an Ethereum ETF on July 23 has been a significant driver behind Ethereum’s recent price surge. Further buoyed by the dovish macroeconomic indices in the recent Non-Farm Payrolls and Consumer Price Index (CPI) data, market sentiment surrounding ETH has turned overwhelmingly positive as…

Major meme cryptocurrencies have experienced substantial gains over the past 24 hours, according to CoinGecko data. Mog Coin (MOG) and Floki Inu (FLOKI) have added 33.8% and 23%, respectively, becoming the best-performing meme coins with a market cap over Dogecoin (DOGE) and Shiba Inu (SHIB) are also in the green, adding 1.5% and 4.5% (respectively) over the past 24 hours. Last week, the two meme coins recorded notable price increases after Tesla CEO Elon Musk paid tribute to the late Shiba Inu Kabosu who inspired the Doge meme. Pepe (PEPE) has added almost 6%, with its market cap surpassing $7…

Ross Stevens sees Bitcoin as life insurance, offering financial freedom and dignity instead of traditional payouts. Stone Ridge invests in Bitcoin futures despite a bearish market, reflecting confidence in Bitcoin’s long-term potential. Recent Bitcoin sell-offs by Mt. Gox creditors and the German government add pressure, but signs of recovery persist. Ross Stevens, CEO of Stone Ridge Asset Management, describes Bitcoin as more than just a digital currency. In his view, Bitcoin acts as a form of life insurance, but not in the traditional sense. I nstead of a payout after death, it offers a form of financial freedom and dignity…