Author: NBTC

Evan Van Ness says that Ethereum spot ETFs may see approval despite lingering security status investigation. X user shares unique opinion that SEC may neither approve nor deny spot ETH ETFs. Ethereum investors still show uncertainty as they await fresh market outlook after ETH ETF decision. Ethereum again went below the $3,000 key level on Thursday after posting signs of a rally. The recent price action follows several predictions from the crypto community regarding the Securities & Exchange Commission’s (SEC) decision on spot ETH ETFs next week. Read more: Ethereum shows slight bullish signs, SEC faces several hurdles in attempts…

Crypto analyst Egrag Crypto predicts $200 trillion total market cap growth in a decade. He then highlights altcoin VRA’s potential surge, reaching $0.2 to $0.40. Community engages in VRA discussions, anticipating multi-millionaire opportunities. VeChain continues to build and grow as it onboards many more sustainable projects onto its green blockchain network. The latest of these partnerships includes the onboarding of VeChain’s latest grant recipient, SolarWise. Happy to welcome @TheSolarWise as our latest grant recipient – a project tokenizing solar energy!They’re helping advance UN SDGs through clean energy, blockchain and #NFT tech.#BUIDL $VEThttps://t.co/hDgKmcCqCC — vechain (@vechainofficial) May 4, 2024 In detail,…

As Ripple and the SEC anticipate the court’s ruling on remedies, Attorney Murphy identifies the “crazy” part of the SEC’s demand for disgorgement in the lawsuit. Prominent legal expert James “MetaLawMan” Murphy has provided fresh insights into the SEC v. Ripple lawsuit, especially the regulator’s demand for disgorgement. In the context of securities regulations, disgorgement entails surrendering all ill-gotten gains obtained through unlawful activities. Recall that in the SEC’s opening remedies-related brief, the regulator asked the court to impose a nearly $2 billion penalty against Ripple following its violation of federal securities laws. The $2 billion fine the SEC seeks…

According to recent data, bitcoin transaction fees have significantly increased since the first week of April. Metrics show that the average fee has escalated to 133 satoshis per virtual byte or $19.48 per transaction. Bitcoin Fees Climb Steadily as Runes Protocol Launch Nears The cost of sending bitcoin (BTC) onchain is climbing, with the halving expected after another 229 blocks are mined. As of April 18, 2024, approximately 164,000 transactions or 220 blocks worth of transfers are pending confirmation. There has been an increase in transaction activity since April 4, and from April 7 onward, there have consistently been more…

After one very long ride, Ethereum (ETH) has finally breached the psychologically important $3,000 price mark. While this calls for celebration, investors are advised to exercise caution as headwinds lie ahead. Ethereum market headwind not cleared Despite its strong correlation with Bitcoin, Ethereum’s price outlook in this current bull cycle has been somewhat disappointing. While Bitcoin soared to its all-time high (ATH) and set a new one above $73,000, Ethereum traded above 40% below its ATH. The $3,000 price level has been a major bane for Ethereum over the past month. From at least April 17, Ethereum has made at…

MakerDAO has recently executed substantial sales of its governance token, MKR. According to the on-chain analytical platform Spot On Chain, MakerDAO’s Multisign 0xbba deposited a significant 750 MKR, valued at $2.19 million, to Binance. This transaction happened through a middle wallet – 0x1cc at a price of $2,920. This action is part of a broader trend that has garnered attention within the industry. Price Impact on MKR Spot On Chain observed that since its resurgence on March 18, 2024, the multisign has consistently deposited MKR tokens. The deposits total a staggering 11,993 MKR, valued at $31.18 million at an average…

Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US. Bloomberg reported on Wednesday that the company recently filed court paperwork to re-domicile. This follows Circle submitting plans for an initial public offering to the US securities regulator in January. “The initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions,” Circle said at the time. Circle Heads for US Shores, Leaving Ireland’s Tax Perks Behind Choosing the US as its new home could mean Circle faces a higher tax burden, according…

Periodically, the product comparison website finder.com releases a new price prediction survey focusing on key cryptocurrencies and gathers a wide array of crypto and fintech experts for their perspectives. According to the most recent report on bitcoin forecasts, the panel of experts anticipates that bitcoin could attain a value in the six-figure range by 2024. Will Bitcoin Reach $100,000 in 2024? Finder.com’s Latest Survey Says Yes Finder’s latest survey on bitcoin’s (BTC) price involved a unique panel of 31 crypto and fintech experts. The results suggest that BTC could reach a peak of $122,000 in 2024, and then settle at…

Ethereum price prodded above $3,040 on May 17, up 6% from the 14-day low of $2,862 recorded on May 14, but spikes in ETH 2.0 staking withdrawals threatens to impede the rebound phase. Ethereum Price Surge Lagging behind the Crypto Market Average ETH failed to pull its fair share of capital inflows as bullish momentum returned to the crypto markets this week. The US Bureau of Labor Statistics latest CPI data release on May 14 and the resurgent GameStop rally have emerged as major catalysts stimulating bullish activity across the crypto markets this week. Led by mega-cap assets like BTC…

XRP Healthcare updates its mobile wallet app, introducing a new feature that allows users to swap XRP for XRPH seamlessly. XRP Healthcare, the Web3 healthcare solutions company, has enhanced its mobile wallet app, offering a new feature that allows users to easily swap between XRP and XRPH tokens. This update forms part of their ongoing efforts to enhance user experience and functionality in the non-custodial wallet. Embark on the #XRPCommunity revolution with our effortless $XRP to $XRPH swap feature, now accessible via our sleek mobile wallet app 📲 Get it now on the App Store or Google Play: iOS: https://t.co/vLV8uw7Wio…