Author: NBTC

Ethereum price prediction: ETH has recently outperformed Bitcoin, marking a significant 14% increase within a fortnight. The cryptocurrency recently surpassed the $2,500 mark, a first since May 2022. This breakthrough, fueled by robust fundamentals and growing optimistic market sentiment, sets the stage for Ethereum’s potential climb to the $3,400 level. Ethereum’s Bullish Trajectory and Market Optimism After reaching a multi-week high near $2,716, Ethereum price experienced a slight correction, dipping below $2,600 and $2,550. Despite this, the overall momentum remains bullish. Last week’s ETF approval contributed to a surge in Ethereum’s price, maintaining it above the $2,500 threshold. This upward…

While spot ETF approvals and the expected Bitcoin halving continue to be the focus of 2024, there is also talk of when the FED will cut interest rates. At this point, while the market expects the FED to cut interest rates in March, not everyone has the same opinion. Because one of them was BlackRock. Speaking to Bloomberg, BlackRock senior macro investment strategist Laura Cooper said that they do not expect the FED to cut interest rates in the next few months. Stating that the FED will not start interest rate cuts in March at this point, Cooper said that…

CEO Andy Schectman sees XRP’s low value as a chance for significant wealth growth. Schectman urges adapting to economic shifts like dollarization by incorporating assets like XRP. The CEO advises structuring investments like XRP in the top 10% of speculative assets for wealth building. In a recent podcast conversation with Versan Aljarrah, founder of Black Swan Capitalist, Andy Schectman, the CEO of Miles Franklin Precious Metals Investments, voiced an optimistic stance on XRP, highlighting its potential to offer individuals a rare opportunity for lifelong wealth accumulation. Schectman’s enthusiasm stems from XRP’s current market value, which he perceives as exceptionally low,…

Considering the recent Bitcoin rally, American stockbroker and financial commentator Peter Schiff thinks that this may just be “another classic pump-and-dump” cycle. Bitcoin Rally Drawing New Speculations Earlier on Monday, the price of Bitcoin blew past the $50,000 threshold, marking the highest level the coin has reached in the last three years. The surge triggered a frenzy in the market as investors began to camp around the coin. Much of the rise was attributed to the massive inflows into the spot Bitcoin ETF market over the past week summing up to $1.1 billion. While every other person seems excited by…

Recent data from Cryptoslam.io has shown a significant uptick in the non-fungible token (NFT) market, with sales over the last seven days reaching $412,384,130, a 35.14% increase from the previous week’s figures. This marks the third consecutive week of growth in the NFT sector. Among the 21 blockchains analyzed, Bitcoin led the sales volume with $154.82 million, representing a 103.29% increase. Ethereum followed closely with sales amounting to $153.94 million, indicating a 10.60% growth in ETH-based NFT transactions. Other blockchains, including Solana, BNB Chain, and Mythos Chain, also reported increases in their NFT sales, contributing to the overall rise in…

With the gains starting to propel altcoins, Ethereum (ETH) seems to have had the best performance recently, as its price just reached an 18-month high. The move has prompted analysts to discuss the possibility of ETH attaining the $3,000 target, last reached in April 2022. The current Ethereum trend suggests a sustained upward trajectory. The upcoming quarter has a potential ascent to $3,000, per a post on X from crypto analyst Jelle on January 15. “ETH reached the highest level in 18 months, and it doesn’t look like it’s stopping anytime soon. Expecting $3000 in the coming quarter,” she said.…

Thailand Prime Minister Srettha Thavisin has reaffirmed his government’s commitment to the ambitious $14.3 billion digital wallet handout scheme despite acknowledging the possibility of a delay in its implementation. According to local reports, the Thai Prime Minister confirmed the potential disbursement delay in a press conference on Friday. Notably, the digital wallet program seeks to stimulate the country’s sluggish economy, covering 50 million people. Each is expected to receive 10,000 in local baht, equivalent to $280. The 50 million Thai citizens will receive the payments through a mobile app. However, it is yet to be disclosed whether blockchain technology, such…

Astar (ASTR) founder Sota Watanabe recently announced that the company will be implementing the second version of its token economy next week. This update will reduce inflation by almost half and increase the burn rate. “dApp staking v3 is coming next week. This means that the second version of tokenomics will also be deployed soon. We will almost halve inflation and increase the burn rate,” Watanabe said. According to the statement, Astar’s Tokenomics 2.0 version will offer a sustainable token allocation structure and network fees, as well as a lower inflation rate. According to the statement on the official website,…

The crypto market’s attention is shifting away from the Bitcoin exchange-traded fund (ETF) approval, with most digital assets failing to capitalize on the monumental event in the short term. Based on the price movement after the approval, the product can be deemed to have turned out to be a “buy the rumor, sell the news” event. Interestingly, the conversation around crypto ETFs has turned to a possible similar product for Ethereum (ETH), the second-ranked cryptocurrency by market capitalization. These discussions are highlighted by activities on Google Trends, where interest in the keyword ‘Ethereum ETF’ has spiked to an all-time high…

The head of India’s central bank, the Reserve Bank of India (RBI), has warned of significant risks associated with cryptocurrencies, particularly for emerging market economies. “It can impact your financial stability, currency stability, and monetary system,” RBI Governor Shaktikanta Das said. RBI Governor’s Crypto Warnings Shaktikanta Das, the governor of India’s central bank, the Reserve Bank of India (RBI), issued several warnings regarding cryptocurrency at the World Economic Forum in Davos this week. Das said: Cryptocurrencies have huge risk, particularly for emerging market economies because it can impact your financial stability, currency stability, and monetary system. “There is no underlying.…