Author: NBTC

Despite this recent period of strong uncertainty, blockchain-based gaming withstands and continues to evolve, attracting considerable investments and technological innovations. In February, the sector experienced a slight decline in the number of daily active users, recording a decrease of 16% and reaching 5.8 million unique active wallets (dUAW). Despite this decline, user engagement has remained strong, demonstrating the resilience of the sector. Additionally, investments in blockchain gaming have shown impressive growth, with 55 million dollars raised just this month, marking an increase of 243% compared to January. Below, we analyze the main trends that are defining the future of Web3…

Bitcoin’s price movements dominate headlines, but the real story of BTC lies beneath the surface. Beyond technical analysis and price speculation, on-chain data offers an unparalleled view of supply, demand, and investor behavior in real time. By leveraging these insights, traders and investors can anticipate market trends, follow institutional movements, and make>Mastering Bitcoin On-Chain Data Realized Price & MVRV Z-Score On-chain data refers to the publicly available transaction records on Bitcoin’s blockchain. Unlike traditional markets, where investor actions are obscured, Bitcoin’s transparency allows for real-time analysis of every transaction, wallet movement, and network activity. This information helps investors identify major…

Ethereum (ETH) has been on a slow and steady upward trajectory, inching closer to a crucial technical indicator: the 100-day Simple Moving Average (SMA). This level is more than just a line on a chart—it’s a key battleground for bulls and bears, often dictating the next major move. As ETH approaches this critical resistance, speculations on whether this could catalyze a sustained rally or a stumbling block that triggers a pullback arise. The 100-day SMA is a widely followed indicator that reflects the medium-term trend, and its significance cannot be overstated. For Ethereum, breaking above this level could reignite bullish…

A prominent figure in the XRP community, WrathOfKahneman (WOK), recently shared his insights on two approaches to investing in XRP. The two strategies highlight different perspectives on how to approach the asset, focusing on adoption and its utility within the XRP Ledger (XRPL). Approach One: Betting on XRP Adoption Beyond Ripple WOK pointed out that one potential investment approach focuses on the adoption of XRP, particularly beyond Ripple’s ecosystem. This strategy revolves around the belief that XRP could gain wider use across various industries and platforms outside Ripple’s direct effort. Other influential voices in the XRP community, such as Panos…

Bitcoin (BTC) price has been trading below $100,000 for the past two weeks, with technical indicators showing a battle between bulls and bears. Despite attempts at recovery, BTC remains in a consolidation phase, with key resistance levels preventing a breakout. Meanwhile, the number of Bitcoin whales has increased slightly, signaling some accumulation, but remains far below the peaks seen in December and January. Whether BTC can reclaim its bullish momentum or continue facing downward pressure will depend on how it reacts to crucial support and resistance levels in the coming days. Bitcoin Ichimoku Cloud Shows a Consolidation Phase The Ichimoku…

The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week. However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term support. Investors Boost Accumulation By 300,000 ETH At This Price Region – What Could It Mean? In an X post on March 14, Glassnode provided an intriguing analysis of the ETH market highlighting a potential strong support level. Based on the Cost Basis Distribution…

VeChain has, in its latest report, explained all the details surrounding the Renaissance upgrade as it claims VET would continue to operate as a core utility token of the VeChainThor. This upgrade would significantly reduce the VTHO inflation by 72.2% with annual value inflation starting point of 0.6%. In a recent update, we examined the much anticipated VeChain’s (VET) upgrade called VeChain Renaissance. According to that report, this upgrade is meant to ensure that stakeholders stay on top of regulatory and technical trends. Two months after that disclosure, VeChain announced that this upgrade would subtly modify the functionalities of VTHO…

Eric Balchunas, a senior ETF analyst at Bloomberg, has published a tweet about BlackRock’s spot Bitcoin ETF IBIT. Replying to an X user @rafaelnobel, Balchunas expressed a view that IBIT is unlikely to surpass the SPDR S&P 500 ETF Trust (SPY) or Vanguard S&P 500 ETF (VOO). IBIT unlikely to outpace SPY or VOO: Balchunas An hour ago, the Bloomberg’s ETF analyst tweeted that VOO had surpassed SPY in asset value. VOO holds $631,876 million worth of assets, while SPY is worth $630,394 million. @rafaelnobel tweeted that IBIT is going to be next. However, Eric Balchunas poured cold water on…

XRP has emerged as the top contender over Bitcoin for the best long-term technology, according to the views of community members. These comments came up on the back of a poll by Patrick Bet-David, the host of the popular PBD Podcast. In a tweet, Bet-David conducted a poll asking crypto community members which crypto asset has the best long-term technology. XRP Beats Bitcoin as Best Long-Term Technology Among the contenders he listed were XRP, Bitcoin, Ethereum, and “Other.” The poll quickly gained traction and gathered 178,803 votes on X (formerly Twitter). Interestingly, XRP claimed 43.8% of the vote, outpacing both…

Bitcoin may have formed a new key support level in the current bull market. In an X post on Monday, February 17, prominent Bitcoin analyst “Wicked” highlighted that the asset’s 200-day moving average had passed the $80,000 price level for the first time. Specifically, at the time of writing, the 200 DMA is at $80,343.61. The 200 DMA is an indicator highlighting Bitcoin’s average closing price over the past 200 days. It is often used as a trend indicator; the asset is believed to be in a firm uptrend if trading above it and in a downtrend if trading below…