Author: NBTC
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.93% today against the US Dollar Bitcoin is currently trading 12.61% below our prediction on Nov 03, 2024 Bitcoin gained 6.86% in the last month and is up 103.82% since 1 year ago BTC price is expected to rise by 15.34% in…
A Base-supported generative art project called Artnames turns a user’s name into a unique piece of NFT art. Each piece is created in collaboration with renowned artists from the digital art space. The Artnames project was founded by the artist Arrotu. According to Arrotu’s blogpost, the project is a combination of personalized art with blockchain technology. Users can use Artnames to mint their names into unique digital art “based on the letters and essence of an individual’s name.” In order to receive their own personalized NFT, the user just has to connect their wallet and input their real name or…
Ether ETFs reached positive cumulative flows for the first time after five consecutive days of net inflows. The funds’ cumulative flows since they listed in July are now in the black to the tune of $94.62 million. Ether (ETH) exchange-traded funds (ETFs) are showing positive cumulative flows for the first time since their introduction in July after five consecutive days of net inflows. The nine spot ether ETFs listed in the U.S. recorded just under $136 million of inflows on Tuesday, taking the total since Nov. 6 to around $650 million, according to data tracked by SoSoValue. The funds’ cumulative…
The Cyprus Securities and Exchange Commission (CySEC) announced today (Wednesday) that it is now accepting Crypto Asset Service Provider (CASP) licence applications from prospective entities and individuals for preliminary assessment under the incoming Markets in Crypto-Assets Regulation (MiCA). The regulator’s decision came ahead of the full implementation of MiCA for all European Economic Area members, which will become effective on 30 December 2024. No Guarantee of a Decision before the EU Deadline However, the Cypriot regulator clarified that it does not guarantee approval of the CASP licence before the EU deadline. However, it may prioritise applications and notifications from the…
Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $68,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is surging and might rise above the $72,000 resistance zone or even to a new all-time high. Bitcoin Price Starts Fresh Surge Bitcoin price found support…
The golden arches are getting a pastel makeover for the holiday season. Fast food giant McDonald’s and Web3-native brand Doodles revealed a collaboration Thursday, featuring custom cups that showcase the Ethereum NFT collection’s colorful, hand drawn style. On top of that, customers can unlock digital collectibles and content, as well as access co-branded physical merchandise. Dubbed the “GM Spread Joy” campaign, the marketing initiative is being billed as an immersive experience that pays homage to the Crypto Twitter mantra. Available to customers in the U.S., the promotion can be accessed at participating stores among McDonald’s 13,500 restaurants. drinking out of…
Ethereum’s shift toward a modular architecture influences short-term price action, shifting gains to Layer 2 tokens. However, this strategy positions Ethereum for long-term dominance. Ethereum has encountered a significant resistance level at $3,386, prompting a temporary correction. This pivotal region, marked by substantial supply, has led to a 6.59% price decline in the past 24 hours, bringing ETH to $3,161. Despite this short-term setback, Ethereum has seen a 21.22% increase over the past week. Meanwhile, Ethereum’s performance in recent years has lagged behind competitors like Bitcoin and Solana. According to a Hack VC report, Ethereum’s 121% year-to-date growth pales in…
Next week, the cryptocurrency landscape is set to undergo significant scrutiny as market participants await critical economic announcements. Central to this anticipation is the upcoming release of the U.S. Consumer Price Index (CPI), a key indicator that will influence the Federal Reserve’s monetary policy decisions. Additionally, investors will be paying close attention to Fed Chairman Jerome Powell’s speech, which follows the recent Federal Open Market Committee (FOMC) decision regarding interest rate cuts. Contents hide 1 What Role Does Inflation Play in Market Trends? 2 How Will Fed Officials’ Comments Affect Markets? What Role Does Inflation Play in Market Trends? The…
Sen. Elizabeth Warren is poised to become a ranking member of the Senate Banking Committee next year. With Sen. Sherrod Brown exiting and Sen. Mark Warner opting to remain on the Senate Intelligence Committee, Warren’s leadership on banking looks inevitable. The irony here is that the crypto industry spent more than $40 million to oppose Brown, only to see him replaced by her. Warren is well known for her critical stance on the industry. She won her reelection to a fourth term in the US Senate by defeating pro-crypto candidate, John Deaton. Warren to take charge of Senate Banking According…
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol bridging Bitcoin (BTC) mining to the blockchain by providing hashrate-backed tokens representing live Bitcoin mining power, has announced that BIT Mining has made a strategic investment in its native token, PROS. In a blog announcement on Nov. 14, Prosper said the investment represents “another significant validation” of its thesis by institutional backers. “This investment reinforces the credibility and viability of Prosper’s new strategic vision,” the investment vehicle stated. You might also like: Deutsche Telekom arm…