Author: NBTC

The ongoing bullish sentiment that has swept the majority of assets in the cryptocurrency sector has not left out Ethereum (ETH), and machine learning and artificial intelligence (AI) algorithms predict more advances for the largest altcoin by market capitalization in the near future. Specifically, Ethereum could continue to improve its price this month, possibly even reaching $4,005.01 by March 31, 2024, according to the latest predictions by the advanced price projection algorithms developed by the crypto analytics and forecasting platform PricePredictions, per data on March 6. In other words, Ethereum could increase by 4.65% by that time, provided that the…

A prominent crypto media personality, Zach Rector, recently argued that XRP, like gold, is a commodity and a currency, citing the Ripple CTO’s words. Taking to X, Rector quoted a post from Davis Schwartz, the CTO of Ripple, in which he debunked claims that XRP is a security. According to Rector, XRP is both a commodity and a currency, as opposed to the security label it received from the U.S. SEC. XRP is a commodity and a currency. Like Gold. https://t.co/RVK05r3GpC — Zach Rector (@ZachRector7) March 7, 2024 Rector’s claim is built on previous comments from the Ripple CTO. Last…

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, has taken to the Twitter/X social media network to share his thoughts on the performance of gold and Bitcoin versus each other and the S&P 500 Index this year, as well as to voice their prospects. Gold may surpass Bitcoin this year, McGlone assumes McGlone tweeted that in the first quarter this year, major stock index S&P 500, as well as gold and digital gold Bitcoin, have demonstrated record highs. Gold has reached a high of $2,171. As for Bitcoin, the world’s leading cryptocurrency soared to a new historic peak of $69,200…

As the cryptocurrency market continues to evolve and mature, investors are constantly looking for information on the future performance of important digital assets like Ethereum (ETH), analysts believe that ETH predictions could reach up to 5,000 USD by the end of the year. Thanks to its solid blockchain technology and versatile applications, Ethereum has emerged as a protagonist in the crypto space, attracting both investors and developers. Looking ahead to the end of 2024, let’s analyze the factors that determine Ethereum’s forecasts for this period. The market dynamics that have led Ethereum price forecasts to $5,000 Before diving into future…

Shiba Inu’s partner, K9 Finance DAO, has officially launched its native token, KNINE, in the crypto trading sphere. KNINE Now Live K9 Finance announced this development in a post on Thursday via its official website and X account, sharing the official contract address. $KNINE token is now LIVE 🐶 Official Contract Address 👇 0x91fbB2503AC69702061f1AC6885759Fc853e6EaE K9 Finance DAO is the Official Liquid Staking partner of the $SHIB blockchain: #Shibarium ▶️Official @Shibtoken Partner▶️Official Shibarium Validator▶️Fully decentralized DAO… pic.twitter.com/WS40SQLiy2 — K9 Finance DAO (@K9finance) March 7, 2024 Data from market tracking resources such as CoinMarketCap attest that KNINE is live for trading. The…

Korean crypto exchange Upbit has announced the suspension of NEAR deposits and withdrawals due to a network upgrade planned for Mar. 11. South Korean crypto exchange Upbit said in a press release on Mar. 7 that it plans to temporary suspend deposits and withdrawals for NEAR due to an ongoing network upgrade. The suspension is said to take effect from Mar. 11 at 18:00 until the network stability is confirmed. During the suspension period, users are urged to refrain from depositing NEAR to avoid any potential issues, Upbit said, adding that the return process for certain tokens will also be…

A Bitcoin analyst identified as CoinsKid on X thinks there is still more upside momentum for Bitcoin ahead of a potential reversal. CoinsKid referenced a prediction he made last September, claiming what many thought was a bear market from 2022 was only a corrective phase of a bull market. Blow-off top in RISK.I did make this tweet days after the crash in September 2023 when everyone was ULTRA BEARISH. I backed it up with data from the #dxy, #sp500 and #ethereum, that $btc was about to make a big move into all-time highs and a blow-off top before the halving…

While the leading cryptocurrency Bitcoin fell to $59,000 after facing strong selling pressure at $69,000, Ethereum remained strong compared to BTC. While BTC showed extremely volatile movements today, ETH continued its rise and $ 3,900 was exceeded. Evaluating the rise in Ethereum, CryptoQuant analyst stated that ETH’s recent rise was due to the increase in investor confidence and increased purchasing activity. Pointing out that the funding rates in ETH are positive at this point, the analyst said that the rates have reached the levels of late 2020, when Ethereum was ready for a strong upward rally towards its all-time high.…

Memecoin Floki launches a three-month Times Square takeover. Floki dominates a 1,624 sq ft LED screen in Times Square. Times Square Plaza hosts Floki’s strategic marketing blitz in NYC. In an assertive move, Floki, the popular memecoin, is reclaiming the spotlight in the heart of New York with an extensive marketing campaign in Times Square Plaza. This development is following FLOKI price surge of over 300% last week. FLOKI TAKES OVER THE HEART OF NEW YORK#Floki is back in the mainstream of New York with an aggressive marketing campaign: Times Square Plaza!Starting March 15th and running for a full THREE…

Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, experienced significant operational disruptions following legal challenges by the United States Securities and Exchange Commission (SEC). The lawsuit, filed in June last year, accused Binance, Binance.US, and its founder, Changpeng Zhao, of engaging in activities such as selling unregistered securities, among other allegations. The legal action led to a drastic reduction in the company’s workforce, with more than 200 employees being laid off as the firm’s revenues saw a sharp decline. Christopher Blodgett, the Chief Operating Officer of Binance.US, detailed the impact of the SEC’s lawsuit in a deposition in…