Author: NBTC

In a recent post on the X social media platform, legendary trader John Bollinger predicted that Bitcoin, the leading cryptocurrency, would keep consolidating within its current range. Bollinger noted that the flagship coin failed to pull off a price bounce after its two-bar reversal at the lower Bollinger Band. On June 25, the creator of one of the most popular trading tools said that the “lovely” two-bar reversal was supposed to be sufficient for a price jump. The chartist suggested that the cryptocurrency could potentially test the highs. However, this wasn’t the case. Back in 2021, Bollinger said that the…

Today, July 30, marks nine years since the main network of Ethereum (ETH) was launched. Many enthusiasts celebrate this day as the birthday of one of the biggest blockchains. Nine years later, Ethereum is the biggest altcoin on the market and second biggest cryptocurrency after Bitcoin. As things stand, market capitalization of ETH, the network’s native currency, totals $401 million. The total value locked in the blockchain nears $60 billion. Thus, on this exact day in 2015, the former COO of the Ethereum Foundation, Stephan Tual, shared a post on a blog making the network rollout official. In his post,…

Hardcore Bitcoin supporter and Bitcoin advisor to El Salvador president Max Keiser has made a stunning statement about MicroStrategy – the business intelligence company founded and spearheaded by Michael Saylor. He stated that the potential for MicroStrategy’s stock price growth is basically limitless. Keiser’s mega-bullish MSTR prediction Max Keiser believes that many financiers who have been in the profession for many decades still fail to understand the successful strategy employed by MicroStrategy and why its stock price is skyrocketing. He also believes that MicroStrategy’s stock “literally has no top.” There are still people who are financiers for decades who STILL…

The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities. According to court documents, Nader Al-Naji – known pseudonymously as “Diamondhands” – raised approximately $257 million from the sale of BitClout’s native token, BTCLT. Al-Naji led investors to believe that the money would be used to pay him and other BitClout employees, but instead spent “more than $7 million of investor funds on personal expenditures” including renting a mansion in Beverly Hills and giving family members “extravagant cash gifts,” an SEC…

Trading and investing platform eToro announced today (Wednesday) the launch of staking services for Solana (SOL) and Ethereum (ETH). This addition allows users to earn rewards by participating in staking activities. Previously, eToro offered staking for Cardano (ADA) and Tron (TRX). Now, Solana and Ethereum are also included. To qualify for staking rewards, users must be in a country where staking is allowed and must have held an open position in the staked cryptocurrency for a specific period, known as ‘intro days’. Positions held via CFDs, CopyTrader, Smart Portfolios, or short positions are not eligible. eToro will retain a portion…

An Airbnb owner has been forced to implement a new ‘no crypto mining policy’ after a tenant installed 10 mining rigs that racked up a $1,500 electricity bill in just three weeks. Ashley, who runs a TikTok channel about her Airbnb experience, said her guest brought the computers to mine crypto at her property and also installed an electric vehicle charging point. “It was cheaper for them to rent a house to pay for that electricity,” she said. The guest was apparently honest about his crypto mining and told Ashley that he made over $100,000 during his stay. She’s not…

In a significant development in artificial intelligence, NetMindAI has announced a new partnership with Neurochain AI, a leader in decentralized AI-as-a-Service (DeAIAS). The collaboration aims to transform the creation, deployment, and utilization of AI-powered decentralized applications (dApps). We’re excited to announce our partnership with @NeurochainAI, a leader in decentralised AI-as-a-Service (DeAIAS). Their innovative protocol is transforming how AI-powered dApps are created, deployed, and utilised, emphasising diversity, inclusivity, and fair compensation. As… pic.twitter.com/fB91EVz6N0 — NetMind.AI (@NetmindAi) July 31, 2024 Neurochain AI’s innovative protocol is at the forefront of this transformation. Neurochain AI is setting new standards in the DeAIAS sector by…

A crypto expert has predicted a bullish price reversal for Bitcoin, the world’s largest cryptocurrency. The analyst suggested that Bitcoin’s price may have bottomed in, potentially signaling the start of market stabilization after a prolonged downturn. Bitcoin Price Reversal On The Horizon Crypto expert and Bitcoin analyst, Willy Woo has taken to X (formerly Twitter) to shed light on Bitcoin’s current price performance and its future outlook as market conditions stabilize. The analyst disclosed that there may be a good chance that “Bitcoin has cleared all price lows” for this market cycle. The crypto expert disclosed that miner capitulation was…

Justin Sun, the renowned entrepreneur and founder of Tron, has invited another scoop, with a second significant move involving Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Sun has allegedly transferred a large percentage of his Ethereum (ETH) deposit from Lido to Poloniex, a major crypto exchange. This has led to widespread Ethereum selloff speculation. What’s Sun’s endgame? Will this bold move trigger a market shift? Dive deeper to unpack more. The Big Withdrawal – What’s Happening? Onlookers were particularly shocked by the movement of 1,768 ETH, worth approximately $5.9 million, unstaked from Lido. Furthermore, the subsequent…

Tether’s USDT has propelled the stablecoin market to over $160 billion in value, its highest point since the collapse of Terra’s UST. According to IntoTheBlock, USDT now comprises over 70% of the stablecoin market, maintaining this dominance throughout 2024. The stablecoin has also recorded all-time low volatility in July, despite broader market retractions. Image: IntoTheBlock USDT’s on-chain metrics show significant growth, with over 18 million weekly transactions on Ethereum Virtual Machine-compatible chains alone. The Tron network handles 78% of these transactions, becoming the preferred platform for USDT transfers. Notably, USDT surpassed Circle’s USD Coin (USDC) in monthly transfer volume for…