Author: NBTC

Crypto analyst Tony Severino has revealed that the Bitcoin Percentage Price Oscillator (PPO) has turned red after reaching $102,000. He further explained what this development means for the flagship crypto in relation to the ongoing bull market. Bitcoin’s Weekly PPO Turns Red At $102,000 In an X post, Severino revealed that the Bitcoin weekly PPO just turned red after reaching $102,000. The analyst had mentioned before that when the weekly PPO turns red, the end is near for Bitcoin’s bull run. He warned back then that this indicator could be pointing to the top soon. As to how this market…

The widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) could slide further against Bitcoin (BTC). In a new video, Cowen tells his 866,000 YouTube subscribers that Ethereum could continue falling against Bitcoin if the US monetary policy remains restrictive. “This cycle Ethereum has had plenty of narratives – the transition from proof of work to proof of stake, it being deflationary for a period of time… …among other narratives as well – the spot ETF, institutional buying… it has not stopped Ethereum/Bitcoin from dropping… …as we’ve said for a long time until quantitative tightening ends, Ethereum/Bitcoin can…

The issue of stablecoin integration has long been a point of contention within the Cardano (ADA) community. Despite the growing influence of USDC and USDT on other blockchains, Cardano has yet to secure major partnerships with these stablecoins. For many ADA enthusiasts, the absence of USDC by Circle and USDT by Tether casts doubt on the blockchain’s potential and its ability to attract investment. This ongoing frustration resurfaced recently, thanks to a post by Cardano contributor Mateusz Czeladka, which reignited the debate. Czeladka voiced his concerns about the Cardano Foundation’s reluctance to engage with prominent stablecoin issuers. He suggested that…

Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in crypto, including bitcoin. Draft Bill Could Let Brazilian Funds Invest in Crypto Brazilian investment funds may soon gain regulatory approval to buy cryptocurrencies, thanks to a new draft bill introduced by São Paulo MP Adriana Ventura. The bill, published on the Brazilian parliament’s website, aims to meet growing demand from investment funds interested in crypto while ensuring a regulated and safe environment. Ventura argues that this move would allow funds to diversify their portfolios and strengthen Brazil’s position in the rapidly…

Well, my dear Bitcoiners, it seems we’ve done it. The unthinkable has been thought, the improbable achieved, and the utterly ridiculous made reality: Bitcoin has surpassed $100,000! But now, as the laser eyes dim and the confetti settles, the question looms: What next? Never fear, for Bitcoin’s restless, meme-loving army has a new mission—and it’s as ambitious as it is bonkers. Our target? Flipping gold’s market cap on its antiquated, shiny head and sending Bitcoin hurtling toward a cool $1 million per coin. Because, let’s be honest, who needs gold when you’ve got digital treasure? A Flashback to the Laser…

Introduction In the dynamic and ever-evolving landscape of decentralized finance,PancakeSwap has emerged as a transformative platform that reimagines how cryptocurrency enthusiasts and investors interact with digital assets. Born from the innovative spirit of anonymous developers and nurtured by a vibrant community, PancakeSwap represents more than just a decentralized exchange—it’s a comprehensive financial ecosystem that democratizes access to advanced crypto strategies. Origins and Historical Context In the pulsating digital landscape of decentralized finance, PancakeSwap’s genesis unfolded as a marvel of technological innovation and strategic vision. The latter half of 2020 represented a pivotal moment in cryptocurrency and DeFi development, characterized by…

Leading altcoin Ethereum has faced a series of headwinds over the past few days. With heightened market volatility and significant liquidations, ETH remains under bearish pressure. However, a bullish divergence has emerged on its daily chart, suggesting that the coin might be poised for a rebound and a possible rally back above $3,000. Ethereum Traders Bet on the Upside as Buying Pressure Increases BeInCrypto’s assessment of the ETH/USD one-day chart reveals that despite ETH’s price decline in the past few days, its Chaikin Money Flow (CMF) has maintained an upward trend, forming a bullish divergence. At press time, ETH’s CMF…

A big XRP transfer from Upbit, South Korea’s biggest crypto exchange, is causing some buzz about what it might mean for the popular cryptocurrency. Whale Alert tracked the withdrawal of 24 million XRP, worth about $60.63 million, from Upbit’s wallet “rDxJNb” to an address that had not been recognized before, “r9n1JL.” It is common for such a movement to be made between the big players in the cryptocurrency game, like Ripple or major exchanges like Binance, so it’s possible this wallet could even belong to Upbit itself. But this is just guesswork, and we are still not sure who owns…

Following SEC lawyer Jorge Tenreiro’s transfer to the commission’s IT department, attorney John Deaton has criticized him, stating that he deserves the demotion and humiliation. Amid the SEC’s crypto policy shift, the commission reassigned over 50 enforcement lawyers to different departments. Tenreiro was among the senior lawyers moved to the SEC’s Microdata Refinement department. Notably, he led the commission’s litigation against crypto businesses under the past administration. Deaton Says Tenreiro Deserves the Demotion His transfer elicited reactions among crypto community members. Deaton, a pro-XRP lawyer and former U.S. Senate Candidate, asserted that he deserves the demotion and humiliation. According to…

Corporate treasury Bitcoin holdings have doubled in the last 12 months, according to data shared by Bitwise executive Bradley Duke. Duke, the co-founder of ETC Group and Head of Europe for Bitwise, noted that this is just the beginning of Bitcoin adoption. According to the data, BTC holdings in corporate treasury went from 262,632 BTC as of 2023 Q4 to 590,649 by 2024 Q4. It has now increased to 591,158 BTC, and Duke expects the adoption rate to increase substantially in 2025. Corporate Bitcoin Treasury (Source: Bitwise) He said: “I believe we are just at the beginning of corporate treasury…