Author: NBTC
At the financial services conference Exchange 2024, industry leaders shared their views on the future of cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH) ETFs. Matt Hougan, Bitwise’s Chief Investment Officer, predicts that BTC ETFs will gain secondary momentum in the coming months as they enter national broker platforms. He also commented on Vanguard’s current stance on ignoring BTC ETFs, drawing parallels to the company’s history: “There’s a bit of irony here because Wall Street was anti-Vanguard when they launched, some even said they were anti-American. Then Vanguard was initially anti-ETF and is now one of the largest ETF issuers in…
Only three cryptocurrency firms made Forbes’ annual list of 50 innovative fintech companies: Chainalysis, Fireblocks and Gauntlet. To qualify for consideration, companies had to be privately owned and based in the U.S. Chainalyis is a blockchain analytics firm that specializes in examining and tracking crypto transactions. The New York-based company, which has raised $535 million and was valued at $8.6 billion in May 2022 according to Forbes, cut 15% of its workforce in October, adding to a 5% cut in February 2023. It notably published a report on the funding of terrorism following Hamas’ Oct. 7 attacks and hostage-taking in…
Solana’s GameStop-inspired meme coin has recently undergone a turbulent journey in the cryptocurrency market, showcasing the inherent volatility often associated with meme coins. Despite lacking direct ties to the video game retailer GameStop, the GME token garnered substantial attention and trading activity, highlighting the enduring allure of meme-based assets. GameStop token slides drastically Launched onto the market in late January, the GME token defied the typical trajectory of viral meme coins, which tend to surge briefly in response to a major event or trend before fading into obscurity. Operating independently within the volatile landscape of meme coins, the GME token…
Bitcoin has been on a bullish trend, reaching $50,000 for the first time in two years, but some crypto analysts still anticipate that the token might be gearing up for a potential correction. Bitcoin Could See A Pullback At Any Moment According to the recent analysis by cryptocurrency expert Crypto Jelle, Bitcoin could undergo a retest anytime soon. Jelle shared his latest projections with his thousands of followers on the social media platform X (formerly Twitter). A chart of Bitcoin accompanied his X post to demonstrate his observations and further back up his claims visually. Crypto Jelle’s analysis examines the…
SkyBridge Capital founder Anthony Scaramucci has revealed his long-standing doubt about the real reason for US Securities and Exchange Commission (SEC) Chairman Gary Gensler’s harsh stance on cryptocurrency. Scaramucci suggested that despite Gensler’s public stance against cryptocurrencies, he is actually a crypto fan. Scaramucci believes Gensler’s tough stance stems from his desire to become Treasury Secretary in a possible second term under President Joe Biden: “Watch 24 hours of Gensler’s lectures at the Massachusetts Institute of Technology, where he teaches on blockchain. “He doesn’t hate crypto.” “Gensler understands this technology,” Scaramucci said. “I made fun of him on Twitter, I…
What is Pancakeswap? How Does PancakeSwap Work? What is Slippage Tolerance on Pancakeswap? What is Pancakeswap Crypto? Is PancakeSwap a Profitable Investment? PancakeSwap Review: Token Swapping Bottom Line FAQ PancakeSwap is a decentralized exchange on the Binance Smart Chain. It has revolutionized cryptocurrency trading with its focus on BEP-20 tokens and an Automated Market Maker (AMM) mechanism. Traditional order books and centralized authorities are eliminated. Users favor liquidity pools over buyer-seller transactions, improving platform efficiency and usability. Users can swiftly and decentralizedly trade cryptocurrency using a dynamic process. PancakeSwap encourages crypto staking and self-sufficient transactions with liquidity pools. PancakeSwap is…
January 2024 marked a significant turning point for both the cryptocurrency and non-fungible token (NFT) markets. With notable developments, it has reshaped the landscape and attracted heightened investor interest. The US spot Bitcoin ETF launch was significant. By the way, is one of the best crypto to buy now.” Investors could buy Bitcoin, the most valuable cryptocurrency, at this event, a major step toward financial system integration. These ETFs attracted investors, indicating growing trust in cryptocurrency investments in traditional finance. January’s #NFT market saw robust growth across the board, illuminated by #Polygon ‘s surge, #Mooar ‘s rise, & the cultural…
Ethereum ETH poised for a remarkable 2024, targeting a surge beyond $10,860.98 and $15,985.40 in 2025. Strategic trajectory crucial: ETH’s potential for stability and profitability hinges on sustained market sentiment boost. Market volatility considered: ETH trading projected between $6,589.79, minimum, and $8,873.66, average. Ethereum ETH emerges as the frontrunner in the 2024 crypto landscape, projecting significant growth. Market analysts anticipate Ethereum to surpass $10,860.98, unlocking a path to a potential $15,985.40 by 2025. Ethereum’s remarkable ascent positions it as a dominant force, redefining expectations and reshaping the crypto landscape. The profitability of Ethereum rides on the sustained upward trend, promising…
Though Coinbase is expected to report quarter-over-quarter improvements amid the latest crypto price rally, analysts seek further guidance on whether the company can sustain such a recovery. The crypto exchange is set to report its fourth quarter results on Thursday, and analysts will be watching to see if the company made money during the year’s final three months. “I think expectations are for a pretty substantial recovery in Coinbase’s trading revenue with the company potentially being profitable during the quarter,” said Morningstar analyst Michael Miller. “The surge in cryptocurrency prices has translated to higher trading volume, which will be a…
While Bitcoin (BTC) has taken center stage in the crypto market, several low-priced altcoins under $0.01, including Shiba Inu (SHIB) and Terra Classic (LUNC), have shown remarkable performance. The broader crypto market has witnessed a resurgence, buoyed by Bitcoin’s upsurge, which has led to a 20% rise since Feb. 5. As a result, it becomes easy to lose focus on other cryptocurrencies as the premier crypto occupies the front page. This report shifts the focus to six altcoins currently trading below the $0.01 mark which demonstrated remarkable resilience during the market downtrend and have begun to show promise amid the…