Author: NBTC
⚈ Bitcoin formed rare weekly bullish MACD and Ichimoku crosses, signaling a possible breakout.⚈ Past signals like these led to 100% to 195% gains in previous rallies.⚈ A 100.73% surge could push Bitcoin to $150,000 if momentum continues. On April 14, Bitcoin (BTC) printed a bullish 1-week moving average convergence/divergence (MACD) cross, in tandem with an Ichimoku bullish cross, which could signal the start of a rally to $150,000, per a May 5 TradingView post from renowned chart expert TradingShot. The former marks the first such instance that has happened in 7 months, since mid-October of 2024 — the latter…
Dynamic NFTs on XRP Ledger are near approval, enabling post-mint updates with just one vote left. Multiple upgrades are underway, but debates grow over priorities like XChainBridge and restricted domain tools. The XRP Ledger is seeing significant changes, as there are currently four upgrades pending approval using the system’s process for amendments. Such adjustments come after the platform’s consensus method uses amendments and has them take effect whenever they get over 80% support from the validators for two weeks running. Once they get approval, the upgrades are permanent and apply to subsequent ledger iterations. Of these upgrades, dynamic NFTs seem…
A key crypto bill has opened a rift among Senate Democrats as another big test approaches for the viability of legislation to regulate stablecoin issuers. Most expect the bill to clear a significant procedural vote on Monday night, but Democrats are split. The Senate’s most prominent crypto critic, Massachusetts Democrat Elizabeth Warren, is leading a faction trying to dig in their heels on the bill, raising objections that include national security threats, consumer hazards and the corruption of a White House that’s conflicted because of President Donald Trump’s own digital assets business interests. The other group, including Senator Kirsten Gillibrand,…
Bitwise CEO Hunter Horsley has again highlighted Bitcoin scarcity, stressing that it is the rarest of all assets established as a store of value. Bitcoin’s scarce property has been a defining factor in its rise to global adoption. It has also been a premise at which enthusiasts stress the intrinsic and long-term viability of the pioneering cryptocurrency. Hunter Horsley, the CEO of Bitwise and a Bitcoin maximalist, highlighted this sparing characteristic in a Monday tweet. He branded the crypto leader the “scarcest store of value in the world,” stressing its superiority to traditional value hedges like gold. Bitcoin’s Scarce: Horsley…
Ethereum price dropped on Monday as risk-off sentiment continued in the crypto and stock markets, and after a whale capitulated at a significant loss. Ethereum (ETH) fell to $2,400 on Monday, down from this month’s high of $2,732. The decline wiped out $35 billion in market capitalization, which dropped from $325 billion on May 14 to $289 billion. ETH retreated after a large holder capitulated. According to Lookonchain, the whale withdrew 7,000 ETH worth $16.8 million at a loss. Previously, the same address had withdrawn 13,479 ETH worth $48.82 million between Dec. 5 and Jan. 13. The whale still holds…
Wei Dai, a cryptocurrency pioneer known for designing the b-money system, a precursor to bitcoin, criticized the current level of crypto adoption for payments. Dai highlighted that even with the shortcomings of fiat payments, crypto has not managed to make a significant impact in this field. B-Money Pioneer Wei Dai Laments State of Crypto Adoption for Payments One of the use cases of crypto, retail payments, has failed to develop, and analysts are now examining the reasons behind this. Wei Dai, a well-known crypto pioneer, has heavily criticized the performance of crypto in this field, stressing that even with the…
With ESG funds projected to reach $50 trillion by 2030, VeChain’s technology enables the tracking of CO₂ emissions, supply chain security, and regulatory compliance. By offering a cryptographically secure and public ledger, VeChain provides verifiable supply chain and emissions data to ESG managers and climate investors. VeChain has emerged as a top blockchain solution provider, offering confirmation for sustainable finances within the ESG investment world. With ESG funds growing quickly and expected to reach $50 trillion by 2030, having reliable and target=”_blank” rel=”nofollow noopener”>Sebastian stated. He added, “VeChain answers not with slides, but with public, sealed data.” Crypto Tokens In…
“Public service is my motto. Ninety-nine percent of the people in Chicago drink and gamble. I’ve tried to serve them decent liquor and square games. But I’m not appreciated.” — Al Capone Breaking the law can be productive (for everyone) Here are two things I believe: Tipping in cash so your server doesn’t owe taxes is good — but officially making income earned from tips tax-free is bad. Let me explain. Paying tips in cash is good because it helps low-margin businesses like restaurants hire staff they might not otherwise be able to afford. More broadly, cash payments for off-the-books…
Business intelligence firm Strategy has acquired an additional 1,895 Bitcoins for roughly $180 million, according to a Monday announcement. In a now-familiar pattern, Executive Chairman Michael Saylor hinted at the purchase on Sunday with a social media post. According to CoinGecko data, Bitcoin is currently changing hands slightly above the $94,000 level after dipping below 1.5% over the past 24 hours. Meanwhile, Strategy shares are down 3% in pre-market trading after adding more than 3% on Thursday. As reported by U.Today, the largest corporate Bitcoin holder announced a $1.4 billion purchase on Monday. The firm spends its entire $21 billion…
Blockware, a team of Bitcoin (BTC) mining professionals, has shared the details of its pioneering Ordinals NFT release. The drop that is already making waves on blue-chip marketplace Magic Eden is set to power the team’s Bitcoin mining endeavor. Hashrate Hackers Ordinals NFTs are live on Magic Eden: What to know Released by Blockware, a U.S. mining pioneer, Hashrate Hackers NFT collection, is set to reimagine the potential synergy between cryptocurrency mining and digital art in Web3. Hashrate Hackers introduces a groundbreaking approach by integrating Bitcoin mining with the Ordinals community, allowing collectors to become contributors through “Hacks” and compete…