Author: NBTC
Bitcoin (BTC) is nearing the long-awaited psychological level of $100,000 (or $100k) per coin, bringing mixed feelings among analysts. While some are dominated by pure euphoria, eyeing the next round target for BTC price, others show disbelief or caution. “What happens when Bitcoin hits $100k,” asked Eric Balchuas, Bloomberg’s senior ETF analyst, who has been actively covering BTC ETFs. His post on X got over 1,800 comments in 10 hours, with many analysts and commentators giving their opinion. Bitcoin price analysis, as BTC flirts with the $100,000 Finbold collected some of these comments and analyses to understand what “the crowd”…
An analyst highlights massive upside potential for Ethereum (ETH) price with targets at $6,000 and $7,000. With Bitcoin resurfacing above the $94,000 level, Ethereum is also gradually recovering. Over the past 12 hours, the altcoin king has bounced back from a low of $3,095 to its current market price of $3,281, marking a nearly 4% recovery. This suggests an extended rally if the broader market maintains its momentum. Analyst Finds Ethereum Reversal Chances under $3,000 According to crypto analyst Ali Martinez, Ethereum could experience a major rebound. The recent pullback has caused Ethereum to drop below the halfway point of…
Cryptocurrencies like Ripple and Dogecoin demonstrate remarkable resilience, adapting to changing regulatory and technological landscapes. Platforms such as Avalanche and Polkadot are pioneering innovative blockchain solutions, addressing critical challenges of scalability and interoperability. Successful cryptocurrency investment requires deep understanding of technological fundamentals, market trends, and potential regulatory impacts. The market remains to go through changes and remains to offer investors a sophisticated and constantly changing environment of cryptocurrencies. Many altcoins become stand-out candidates towards the end of the year, with varying performance characteristics and implications for the sector’s future. As previous analyses have demonstrated and the following five cryptocurrencies will…
Caduceus Protocol, a modular infrastructure platform focusing on Web3, Metaverse, and AI, has announced its partnership with LingoAI. The partnership aims to advance the AI infrastructure with the integration of the blockchain technology. The platform took to social media to disclose this development. 🚀 @Caduceus_CAD is excited to announce our collaboration with @LingoAI_io ! 👑#LingoAI is a decentralized multilingual data platform for AI, leveraging global data resources with blockchain-based verification. By implementing a secure data and application separation protocol,… pic.twitter.com/tR5NsPpvS5 — Caduceus (@Caduceus_CAD) January 10, 2025 Caduceus Protocol Partners with LingoAI to Innovate Decentralized Infrastructure Caduceus pointed out that, in…
Bitcoin (BTC) has reached the $100,000 mark with its recent rise, and the rise is expected to continue. At this point, Matrixport said in its latest report that Bitcoin could reach $125,000 in December. Bitcoin May Reach $125,000! Matrixport has predicted that Bitcoin could reach $125,000 in December as the fifth bull run begins. At this point, analysts referring to their reports from July 2023 pointed out that in their July 2023 reports, they predicted that Bitcoin could reach $ 125,000 by December 2024 and said that these predictions were about to come true. Analysts who stated that the rally…
Nonfungible tokens (NFTs) have revolutionized the digital asset space, enabling unique representations of art, collectibles, and even real-world assets on blockchain networks. While Ethereum spearheaded the NFT revolution, Bitcoin has recently joined the fray with the introduction of Ordinals. This article explores the evolution, functionality, and distinctions between Bitcoin Ordinals and Ethereum NFTs. The Genesis of NFTs and Bitcoin Ordinals The concept of NFTs dates back to 2014 with the creation of “Quantum” on the Namecoin blockchain. Despite this early attempt, it was Ethereum that propelled NFTs into mainstream adoption. Ethereum’s robust smart contract capabilities, coupled with the ERC-721 and…
IntoTheBlock, a crypto analytics platform, reported that over $1.4B worth of Ether had recently exited crypto exchanges. Ethereum witnessed a huge surge in on-chain activity in the past week, with the outflow from crypto exchanges suggesting an accumulation trend. The last time such a high ETH outflow from exchanges occurred was in November 2024. IntoTheBlock’s data showed that ETH’s total exchange netflow (total inflows minus total outflows) was—$60.57M, highlighting the high amount of ETH leaving exchanges for wallets. According to the platform’s data, 74% of ETH holders held onto the asset for over a year. CryptoQuant’s data also revealed massive…
A prominent crypto whale has made a significant move in the crypto market through its bold trading to roll out a significant profit. By making headlines, he has offloaded an immersive 416.8 million $MEW tokens in exchange for 16,270 $SOL. These $SOL tokens have a value of $3.94 million. This transaction yielded the whale a substantial profit of 6,270 $SOL, or approximately $1.52 million. It cements the investor’s reputation as a savvy market strategist. Lookonchain, an on-chain data and analytics platform, has revealed the strategic move of this crypto whale through its X account. A whale sold all 416.8M $MEW…
ChainAware.ai has joined forces with UniLend Finance and will join UniLend’s AI Agent Hub powered by next-gen AI agents. This is great news for both the Web3 and AI industries. as Their goal is to redefine the connection between AI and blockchain and expand the agenda for developing projects in the decentralized industry. GM Degens!@UniLend_Finance x https://t.co/tODxqMTUfI Announce Partnership 🚀⚡️ UniLend is an #AI x #Blockchain protocol shaping the future of Web3. It enables communities to create and co-own on-chain AI agents!🏦https://t.co/tODxqMTUfI AI agents will be listed on UniLend’s… pic.twitter.com/Dy45fkf9Fk — ChainAware.ai (@ChainAware) January 10, 2025 UniLend’s AI Agent Hub:…
Prominent crypto analyst and CEO of CryptoQuant Ki Young Ju recently shared an interesting perspective on the price movement of Bitcoin (BTC). As the price of Bitcoin surpassed the $100,000 mark on the Chicago Mercantile Exchange platform, many began to discuss where the ceiling is for the price of the market’s largest cryptocurrency. Ju presented a chart in which he showed several patterns of Bitcoin price development from 2017, 2020 and the more recent past. As can be seen on the chart, according to Ki Young Ju, two possible scenarios emerge. The first is that the Bitcoin price might follow…