Author: NBTC
Bitcoin could be headed for massive gains as key indicators highlight the chances of a new all-time highs real soon. Analyst “ShayanBTC” posted a note on CryptoQuant, highlighting a Taker Buy-Sell Ratio Reversal showing buyers are pushing back to take over control from the bears. Buyer Domination Signal The Bitcoin Taker Buy-Sell Ratio measures how aggressive market participants are acting by analyzing whether buyers or sellers are dominating futures market orders. A ratio above 1 signals that buyers are dominating the orderbook, while a ratio below 1 indicates that sellers are in control. According to ShayanBTC, the 14-day moving average…
A man who calls himself the “real dickasso” and paints using his penis as a brush has launched a memecoin to get one over on crypto traders using his image. Brent Ray Fraser went viral when one of his shows, which saw him covered in white paint and creating artistic strokes with his genitalia, was shared across X yesterday. Crypto traders, upon seeing the viral video, decided to create a memecoin based on the artist’s phallic work called “Pablo Dickasso.” This pumped and dumped over four hours. One of Fraser’s work shared on X, and censored by Protos. Fraser caught…
While the crypto sector’s eyes are drawn to the policy fireworks in the White House and Congress, the financial agencies have been taking consequential bites out of the Biden Administration’s digital assets stance. One move at a time, the stand-in chiefs of the banking and securities regulators are cutting away policies and significant enforcement work that had previously been used to hem in the digital assets industry. And a U.S. Securities and Exchange Commission roundtable on Friday will further illuminate the delicate legal approach to defining crypto securities, potentially signaling a path forward. Despite permanent leaders still awaiting Senate confirmation…
Bitcoin (BTC) price has been struggling below $100,000 for the past eight days. Despite this, BTC keeps its position as the biggest crypto by far, with a market cap of $1.9 trillion. Whale accumulation has slightly recovered from recent lows but remains weak compared to previous months, suggesting cautious sentiment among large holders. If BTC fails to build buying pressure, it could face further downside, while a breakout above key resistances could reignite bullish momentum. BTC Ichimoku Cloud Shows Mixed Signals The Ichimoku Cloud for BTC shows a mixed signal. The price is currently trading near the cloud but lacks…
What is Cardano? Cardano is a proof-of-stake blockchain that builds on peer-reviewed research developed using a methodical, academic approach. It positions itself as a third-generation blockchain designed to improve upon the technology behind Bitcoin (first generation) and Ethereum (second generation) by addressing their scalability, security, and sustainability. With its focus on formal verification and peer-reviewed advancements, Cardano aims to provide a sustainable and interoperable blockchain ecosystem suited for enterprises, governments, and financial institutions. Below, we will explore the key components of the Cardano blockchain. Who created Cardano? Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. It was developed…
With Donald Trump taking office, top-level institutions like the SEC are taking a moderate approach towards cryptocurrencies. At this point, while the SEC has withdrawn its lawsuits against many platforms such as Coinbase and Robinhood, Coinbase is pressuring the SEC for clearer crypto regulations. Coinbase, the largest cryptocurrency exchange in the United States, has requested the SEC to clarify its jurisdiction over digital assets, The Block reported. While listing the steps that the SEC could take regarding cryptocurrencies, Coinbase requested that the SEC distinguish cryptocurrencies from securities, consult the US Congress regarding regulatory uncertainties, and accept that secondary market transactions…
Bitcoin miners are confronting a perfect storm of falling revenue and dwindling network activity, raising concerns about the blockchain’s long-term security. Bitcoin’s Transaction Drought Daily bitcoin (BTC) transactions have dropped to their lowest levels since late 2023, leaving the mempool—the queue of unconfirmed transactions—unusually empty. This decline has slashed transaction fees, which now barely contribute to miner revenue. Combined with April’s fourth halving, which cut the block subsidy to 3.125 BTC, miners have faced unsustainable revenue pressures. At press time there are eight blocks waiting for confirmation according to mempool.space stats. The subsidy reduction alone slashed miners’ per-block earnings by…
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, shared in his statement that he has a dog. Thereupon, a wave of excitement started in the cryptocurrency market. Because, especially in the case of Elon Musk, memecoins related to the pets of influential figures in the cryptocurrency market are launched and sometimes these cryptocurrencies can reach market values of hundreds of millions of dollars. One of the best examples of this could be Floki Inu, named after Elon Musk’s dog Floki. The token has a market value of over $900 million at the time of writing. On the…
An interesting discussion arose on the cryptocurrency market when Samson Mow, a renowned Bitcoin bull and advocate of $1,000,000 BTC, was recently confronted with a question regarding JAN3 – the company at which he is chief executive officer. JAN3, the company mentioned, focuses on accelerating hyperbitcoinization with the goal of integrating Bitcoin into global financial systems. Among the services offered by Mow’s company are the issuance of Bitcoin bonds, digital patronage of art and collectibles through the cryptocurrency, and BTC storage. Apart from this, JAN3 seems to be involved in the development of the AQUA wallet. Mow was asked how…
Audius, a crypto-powered music streaming service, has announced a season of airdrops and rewards that will see 30 million AUDIO tokens handed out—valued at over $3 million—to users of the platform. The campaign was launched in celebration of Audius surpassing an all-time milestone of 250 million on-chain song streams from users. The first season of AUDIO rewards kicks off with 2 million AUDIO tokens being airdropped to contributing artists in what is branded as the “Artist Appreciation Airdrop.” Token allocations are determined by an artist’s streams, sales, revenue, followers, and other factors. A total of 1,174 artists are eligible for…