Author: NBTC

As Bitcoin hovers near its all-time high, industry experts and investors are keenly watching for signs of its next major move. Alex Thorn, the Head of Research at Galaxy, recently shared his perspective on the Bitcoin price trajectory and the factors influencing its potential breakout. In a detailed post on X (formerly Twitter), Thorn provided insights grounded in historical data and current market dynamics. “We Will Climb the Wall of Worry,” Thorn proclaimed, setting the tone for his analysis. Bitcoin’s recent price action saw it reaching $69,324 on Coinbase on Tuesday, marking its first all-time high since November 10, 2021.…

The Shiba Inu ecosystem team has revisited the outlook that the Shiboshi NFTs could fulfill passive income purposes for SHIB enthusiasts. Recently, Shiba Inu content marketer Lucie engaged community members by urging them to guess the author of a commentary suggesting Shiboshi NFTs have passive income potential. The quote read: “You think floor [price]; I think passive income for life.” “You think floor ( price) ; I think passive income for life.”Do you know the author of this quote? 🤭Tag him! — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) March 12, 2024 Some community members correctly identified the author as Shytoshi Kusama,…

A token based on U.S. president Joe Biden rose by 830% on Wednesday morning on more than $23 million worth of trading volume. Several other meme coins based on celebrities and politicians have been issued on Solana. The emerging narrative comes as dogwifhat (WIF) surged by 48%. Meme coin speculators are hopping on a risky new wave of cartoonish tokens based on notable politicians and celebrities this week, with Solana-issued meme coins leading the market following cryptocurrency’s volatile trading session on Tuesday. A token with the ticker BODEN, based on U.S. president Joe Biden, rose by 830% in a six-hour…

Observing the recent spikes in the GameFi sector, Bitget Gamefi Zone noticed the trading volume of the GameFi sector recording a 126% spike in the last 24 hours. Meanwhile, over the seven day period, the trading volume rose by more than 200%. It should be noted that these spikes were observed on March 10 at 11:30 PM UTC+8. The reason behind this massive surge could be due to a 48% increase in the number of daily traders over the past seven days. Bitget, a crypto exchange, also mentioned that GALA, YGG, and PIXEL were leading the GameFi sector weekly spike.…

Bitcoin continues to move in line with the ratio between the Nasdaq 100 Index and the S&P 500 Index. The persistent positive relationship suggests that the inflow of money into cryptocurrencies, an emerging technology, is linked to a positive outlook for technology stocks relative to the broader equity market. This bitcoin bull run stands out in several ways. For one, as Bloomberg’s Joe Weisenthal explained in Wednesday’s newsletter, the crypto community has been focused on market flows rather than narratives about how decentralized finance or Web3 will revolutionize traditional finance. Another factor that makes this rally stand out is that…

KuSwap NFT Marketplace has embarked on an initiative to introduce non-fungible tokens (NFTs) into the Horizen EON ecosystem, promising new opportunities for collectors and creators within the community. As part of this endeavor, KuSwap encourages users to mint the Horizen EON custom badge, a commemorative token symbolizing the integration. Toward a more dynamic KuSwap platform The KuSwap NFT Marketplace achieves a significant milestone by seamlessly integrating native NFT support for Horizen EON, establishing a dynamic platform for trading digital collectibles within the Horizen ecosystem. The platform stands out by providing artists more autonomy over their collections and allowing collectors to…

TON has unveiled a groundbreaking platform called TON Research. It serves as the primary research forum for the TON Blockchain ecosystem. Developers, fans, and researchers can now use TON Research’s in-depth research articles, development tools, code auditing, and more. These provide users with useful information and assistance. Introducing @ton_research, the go-to research forum for the TON Ecosystem, dedicated to exploring and advancing TON Blockchain! 💎Dive into the future of #TON with in-depth research, development tools, code auditing, and more. Join to explore and contribute to the TON… pic.twitter.com/D9mKB7Yhzl — TON 💎 (@ton_blockchain) March 6, 2024 Dr. Awesome Doge Initiates TON…

Crypto projects keep on launching and improving so that users can easily use cryptocurrency for several daily activities. Among all the crypto projects, NFT games have become increasingly popular over the past few years. And it is no wonder why. Users can win collectible digital assets by engaging in a fun activity that often surprises them with stunning graphics and impressive features. In this article, we will talk about how to play Axie Infinity, the most intriguing features of the game, and what you can win by playing it. But first, let’s find out precisely what Axie Infinity is. Crypto…

Based on historic precedence from Gold, the Bitcoin (BTC) price may never retest the $46,376 mark, as this marked the listing price for the spot Bitcoin ETF products. According to insights from Ki Young Ju, the Co-Founder of crypto analytics platform CryptoQuant, this $46,376 mark may be the eternal floor price of Bitcoin moving forward. He cited the case of Gold. Notably, the precious metal’s price in 2004 was around $444 when the Gold ETF (GLD) made its debut on the New York Stock Exchange (NYSE). Since then, the asset has not retested this price. #Bitcoin’s first spot ETF was…

NFT providers may need to be registered with the Financial Conduct Authority, the Treasury said in a consultation on money laundering regulations. NFTs are unlikely to be covered by the rules for financial services, which will have a separate authorization regime. The deadline for responses is June 9. Crypto businesses that issue non-fungible tokens (NFTs) in the U.K. rather than providing financial services will probably need to register with the Financial Conduct Authority even after the government introduces a new authorization regime for the industry, according to a consultation on money laundering issued by the Treasury on Monday. The government…