Author: NBTC
A top crypto trader thinks a spot Ethereum (ETH) exchange-traded fund (ETF) approval in the United States could send altcoins “to the stratosphere.” The pseudonymous analyst known as the Flow Horse tells his 216,300 followers on the social media platform X that a spot ETH ETF would make the crypto markets “get crazier.” “Here I am thinking spot and chill during the summer, but if we get an ETF approved for ETH the second wind is going to hit hard AF.” The trader also says that top meme asset Dogecoin (DOGE) in particular has been “sitting in a really nice…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Asia Cryptocurrency Commission (ACC) fosters secure and transparent relationships between brokers and investors through certification, dispute resolution, and compensation services. The Asia Cryptocurrency Commission (ACC) makes every effort to create and maintain a safe and transparent environment between brokers and their clients (investors). This approach is explained by the very role of the financial regulator in this industry – establishing a balance and protecting both sides of the investments. Asia Cryptocurrency Commission sets up close communication ACC has…
Binance, the world’s leading cryptocurrency exchange by trading volume, is set to celebrate Bitcoin Pizza Day on a grand scale by distributing over 5,000 pizzas across the globe. This six-day event aims to engage both crypto enthusiasts and the general public, reinforcing Binance’s mission to educate and involve a broader audience in the world of cryptocurrency. Starting on May 17 and running through May 22, Binance will host a series of events and activities in various iconic locations including Thailand, Paris, Dubai, Australia, Mexico, Brazil, and Argentina. These activities will feature in-person pizza parties, Binance-branded pizza vans, and special deliveries…
There are plenty of reasons to be bullish on gold, but the evergreen bear case on the precious metal is that it’s never really consumed. Every ounce of gold that’s been mined since the beginning of time is still here. To wit is a Bloomberg story over the weekend reporting on a flood of customers rushing into a Brooklyn pawnshop with their valuables to cash in on gold’s recent run to a record price above $2,400 per ounce. “People are using gold as an ATM they never had,” owner Gene Furman, who is seeing three times the normal traffic of…
Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,450 support. Ethereum Price Holds Support Ethereum price extended its increase above the $3,500 and $3,650…
Reports that the former CEO of nChain, Christen Ager-Hanssen, was sentenced to 10 months for the leaking of documents exposing Craig Wright have been confirmed. According to What The Finance (WTF), a judgment hearing took place on May 3 in the High Court as part of nChain Holding AG’s case against Ager-Hanssen. During the hearing, the judge established that Ager-Hanssen had broken multiple court orders requiring him to remove leaked documents from the public domain, reveal who received his documents, and give up various devices. The leaked document was reportedly the Fairway Brief, a collection of confidential information relating to…
The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The Japanese media outlet CoinPost reported that the firm unveiled the service for Mercari users on May 21. Ethereum Nod for Japanese E-commerce Giant Mercari Mercari says it is Japan’s “biggest marketplace.” It operates a “flea market” platform in the same vein as firms like eBay. A man uses a smart courier machine to send a Mercari parcel. (Source: TBS News Dig Powered by JNN) In recent years, the firm has pivoted toward crypto. It has launched a…
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with ZK proofs. The Importance of Dialogue with Regulatory Bodies According to Wisher, the development of intuitive interfaces is one method being employed to ensure ZK technology is “seamlessly integrated and user-friendly.” However, he insists that efforts to simplify will not compromise enhanced privacy, scalability, and…
Amid a rekindling of Bitcoin development fervor, layer-2 network Stacks is looking to reinvent itself. As early as April 16, the major player in the Bitcoin L2 sector will kick off the release of its so-called Nakamoto upgrade, in the works for years – designed to dramatically increase the project’s speed. This article is part of CoinDesk’s “Future of Bitcoin” package published to coincide with the fourth Bitcoin “halving” in April 2024. It’s a defining moment for the blockchain project that has been in development for nearly half a decade, but officially launched its mainnet in 2021. In short: Stacks…
DMarket, a collection of in-game items on the Mythos network, led CryptoSlam’s non-fungible token (NFT) sales chart with US$857,829 on Thursday, up from the previous day’s US$710,928. Following closely behind, Guild of Guardians Avatars surged to the second spot on the day’s NFT leader’s board with US$825,172 in sales. The collection is tied to Immutable’s online game. Fantasy Top, a Blast collection that turns Crypto Twitter into an NFT game, takes the third spot with daily sales of US$611,135. Fantasy Top stays in the top three despite falling from US$1.04 million in the previous day to lead the market. Thursday’s…