Author: NBTC

SOL reaches $200, signaling a bullish breakout. Analysts see potential for Solana to hit $1,400. Weakening resistance suggests a strong upward trend. Solana (SOL) has surged to $200, capturing the attention of traders and analysts. This upward move hints at a larger breakout, with some experts eyeing a potential target of $1,400. The current bull flag pattern in SOL’s chart could signal an extended rally. As resistance weakens and buyers take control, Solana’s next steps may shape the market significantly. Here’s what this might mean for investors. #Altcoins #SOL at $200 and Breaking Out! 💥 A MASSIVE Bull Flag is…

Richard Farley, a well-known Wall Street lawyer, has recently emerged as a possible candidate to head the U.S. Securities and Exchange Commission (SEC) as former President Donald Trump won the 2024 elections. Farley, currently a partner at the prominent New York-based law firm Kramer Levin Naftalis & Frankel, chairs the firm’s leveraged finance group. Moreover, he is also known for his work on high-profile financial transactions involving some of the largest banks and financial institutions in the world. Will Richard Farley Replace SEC Chair Gary Gensler? Sources reveal that Farley has joined the Trump transition team’s shortlist of potential successors…

November marks two years since the FTX exchange went bankrupt. Since then, major crypto exchanges have seen their Bitcoin reserves grow. FTX’s inability to maintain sufficient reserves to meet user requests exposed severe flaws in its controls. It also highlighted the need for greater transparency and reliable reserve reporting among all crypto exchanges. Observers have grown keenly aware of the risks that exchanges face when they lack sufficient reserves. If they cannot meet withdrawal requests, it undermines user confidence and puts them at risk of losing funds. Maintaining adequate reserves is critical for liquidity and order execution, especially during volatile…

Bitcoin (BTC) reached a record value locked as new protocols emerged using the coin as collateral. The rise in L2 and BTC lockups arrives at a time when the leading coin is just a small jump from a new all-time high. New Bitcoin-scaling protocols and re-staking vaults are boosting the total value locked in the form of BTC collaterals. In the past few months, projects have started drawing in more BTC in a bid to create a L2 ecosystem similar to Ethereum (ETH). BTC was also the public chain with the biggest one-day jump in value locked, a mix of…

Ethereum (ETH) has captured significant attention with an unprecedented rise in investment inflows and a bullish surge in its weekly volume. Amid a remarkable 1,652% spike in ETF inflows and transaction volumes hitting record highs, Ethereum is positioned for potential new yearly highs and an extended bullish trend. Investors and traders are closely watching Ethereum’s performance as it consolidates, with the growing relevance of ETH in decentralized finance (DeFi) strengthening its role as a leading crypto asset. Just like Bitcoin and Solana have been surging to new highs and nearing new ranks, Ethereum is getting ready for its major breakout…

While the $1,000 price target remains extremely ambitious for XRP, five bullish factors are capable of catalyzing a push toward this direction. XRP has not performed as anticipated since it collapsed from the $3.31 all-time high in January 2018. Despite its inability to reclaim even $1 over the past two years, some market commentators expect an eventual surge toward an audacious $1,000 price. In June, analyst BarriC presented a speculative scenario of the reactions that could fill the scene should XRP reach the $1,000 level. Also in June, another XRP community figure Amelie made a case for an XRP spike…

In a major move just before the holiday season, Axie Infinity has teased a brand-new feature that’s set to add a touch of the macabre to its beloved digital creatures, the Axies. Dubbed “Nightmare Parts,” this new release will introduce a range of collectible body parts that transform Axies into eerie, spine-chilling characters. The X (formerly Twitter) reveal came with a poetic warning: “The leeks below have been rated R for spookiness,” hinting that these Nightmare Parts will set the stage for a memorable holiday season in the Axie universe. Evolving Axie Body Parts Historically, Axie parts—such as eyes, mouths,…

Coinbase, the largest U.S.-based cryptocurrency exchange, is embroiled in controversies, from listing fees and community backlash regarding meme coin descriptions to charges from the Securities and Exchange Commission (SEC). The platform is now under intense scrutiny from industry leaders, investors, and regulators, raising questions about its practices and regulatory compliance. A significant point of controversy involves claims made by TRON founder Justin Sun, who alleges that Coinbase demanded exorbitant fees to list TRON (TRX). According to Sun, Coinbase requested 500 million TRX tokens, roughly equivalent to $80 million at the time, for the listing. Sun’s allegations contradict Coinbase CEO Brian…

Bitcoin’s recent bullish momentum has sparked optimism among traders and investors, as the cryptocurrency edges closer to its all-time high. Following a significant recovery, Bitcoin is once again climbing, with the pivotal $73,811 mark in sight. This renewed upward movement signals a potential breakout, raising the question: could Bitcoin be on the verge of a historic rally? With key indicators turning positive and confidence building in the market, BTC’s journey toward its record high could pave the way for a new chapter in its remarkable ascent. Specifically, this article aims to explore Bitcoin’s recent upbeat momentum and its implications for…

Widely followed crypto analyst Benjamin Cowen says that Ethereum (ETH) is potentially on the cusp of bottoming out against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 821,000 YouTube subscribers that the low for Ethereum in its Bitcoin pair (ETH/BTC) is either already in or very close to it. Says Cowen, “The low for ETH/BTC is either in or very, very close to being in both in terms of valuation and in terms of time. I would say that after three years, we finally have at least a little bit of evidence to suggest the…