Author: NBTC

There are various hypotheses circulating that imagine a crash in the price of Bitcoin today or in the coming days. In fact, in recent days it has fallen, probably due to a trend reversal, but these are still almost irrelevant movements in the medium/short term. A negative signal for the price of Bitcoin The possible crash of today’s Bitcoin price The decline in the price of Bitcoin Bull run around the corner after today’s Bitcoin price crash? The Dollar Index A negative signal for the price of Bitcoin In particular, yesterday the charts showed a clear negative signal for the…

Liquidus, a prominent innovator in the DeFi sector, has recently released its long-awaited roadmap for the upcoming 2 quarters. As per Liquidus, this roadmap plays a crucial role while it readies to unveil several landmark updates to improve the consumer experience as well as promote thorough stakeholder engagement. Liquidus Introduce an Exclusive Roadmap to Expand the DeFi Landscape The platform provided the details of the new roadmap on its official account on Medium. Liquidus mentioned that the roadmap shows its commitment to expanding the DeFi sector. With this endeavor, the platform intends to maintain its dominance in the overall market.…

The Swell conference, Ripple’s annual gathering, has become a pivotal event in the blockchain industry, attracting industry leaders, regulators, and Ripple’s global partners. Held in Miami, Swell 2024 showcased the latest developments in digital finance, including themes around crypto regulation, stablecoins, and the integration of artificial intelligence in financial services. One of Swell’s hallmark traditions is the unveiling of Ripple’s product roadmap—a moment eagerly anticipated by attendees each year. This year’s roadmap presentation was led by Ripple’s President, Monica Long, and Senior Vice President of Product, Aaron Slettehaugh. Together, they highlighted Ripple’s expanding product suite and its commitment to bridging…

Digital currency exchange Upbit is under investigation by South Korea’s Financial Services Commission (FSC) for allegedly violating the country’s Know Your Customer (KYC) regulations, while Hong Kong issued a stern reminder for digital asset service providers on the need to comply with its licensing regime to avoid misleading the public, as both countries heightened their measures following a string of collapses. Financial authorities are probing Upbit for allegedly onboarding new customers without proper background checks, according to information gathered by local daily Maeil Business Newspaper. The Financial Intelligence Unit (KoFIU), which operates under the division of FSC, serves as the…

Ripple, XRP Ledger’s (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell. Notably, the currently locked 1 billion XRP—together with over 40 billion more—is not counted as XRP’s circulating supply. Thus, unlocking and selling a fraction of these tokens will effectively inflate XRP’s supply, diluting other holders’ value. This dilution’s effects can be varied, potentially even directly affecting XRP’s price as the market speculates on the potential outcomes. Interestingly, XRP dropped aggressively on October…

Seasoned market analyst Sina has identified a price action model that will propel Bitcoin to $285,000 per coin before the end of the bull run. In a tweet, Sina identified Bitcoin’s probable price range when predicted using the quantile regression model. Per the analysis, the market expert noted that the model classified Bitcoin price action under three distinct zones. Market Expert Outlines Bitcoin Probable Zones Next Year Citing the quantile model, Sina gave three zones where Bitcoin would trade in 2025. He called them the cold, warm, and hot zones. In the cold zone, also called the 33% quantile range,…

In the ever-evolving landscape of cryptocurrency, MicroStrategy’s recent performance raises critical questions about its divergence from Bitcoin’s fundamentals. Despite Bitcoin (BTC) reaching unprecedented heights close to $100,000, MicroStrategy (MSTR) saw its shares plummet by 16.2% on Thursday, reflecting a stark contrast between the company’s valuation and the cryptocurrency market. As noted by Citron Research’s Andrew Left, “MicroStrategy’s valuation has completely detached from bitcoin fundamentals,” highlighting investor concerns about the disconnect. This article explores MicroStrategy’s recent stock behavior and its implications for investors as Bitcoin soars towards record highs, addressing market dynamics and valuation concerns. MicroStrategy’s Stock Volatility Amid Bitcoin Surge…

Artificial intelligence bots, which have attracted attention with their cryptocurrency transactions recently, are earning millions of dollars with their transactions. At this point, the artificial intelligence bot called Truth Terminal had previously become the first AI bot millionaire from the token called GOAT. After Truth Terminal, another AI bot also became a millionaire with its altcoin trading. According to Lookonchain’s post, an artificial intelligence bot named Tee Hee He became a millionaire in just a few hours. Accordingly, the AI bot named Tee Hee He also purchased TEE, a memecoin based on Solana (SOL), like GOAT. The AI bot bought…

The cryptocurrency industry is already busy celebrating the upcoming departure of U.S. Securities and Exchange Commission Gary Gensler. As reported by U.Today, Gensler is going to leave the SEC on Jan. 20, according to his Thursday announcement. Gensler’s resignation announcement was met with jubilation by crypto industry leaders given that his departure will likely mark the end of the “regulation by enforcement” era. Ripple CEO Brad Garlinghouse, a vocal Gensler critic, made a Thanksgiving-related joke on social media about Gensler’s upcoming resignation. This Thanksgiving, I’m thankful for… https://t.co/FHDPaRnRkU — Brad Garlinghouse (@bgarlinghouse) November 21, 2024 As reported by U.Today, the…

The upward momentum in the Bitcoin and cryptocurrency markets has also had a positive impact on spot Bitcoin ETFs, while ETF inflows have accelerated since last week. With no signs of stopping anytime soon, spot Bitcoin ETFs are hitting records. On Monday, BlackRock’s iShares BTC ETF (IBIT) reached a milestone, bringing its total inflows since inception to over $23 billion. This achievement puts IBIT among the top three ETFs by inflows launched in 2024. BlackRock is the Leader Again in Daily Entries! On Monday, October 21, total inflows stood at $294 million, with BlackRock’s IBIT alone taking the majority of…