Author: NBTC
Digital actuality developer Victoria VR is ready to launch the primary metaverse app on the Apple Imaginative and prescient Professional. Apple’s first foray into digital actuality will start on February 2nd and the Victoria VR app might be accessible in Q2 2024. Victoria VR’s web3 utility will deal with viewers to a digital house primarily based on 5 components of nature with a map of Victoria VR island with the cardinal factors and the structure of the entire world in response to the rules of Feng Shui. A Ming Kua calculator can even be included to find out appropriate areas…
The Spot Bitcoin ETFs have lived up to the hype, as these funds have ramped up institutional adoption of the flagship cryptocurrency, Bitcoin. This is further evident in a recent analysis that captured how much Bitcoin BlackRock and other issuers amassed in this week alone. Spot Bitcoin ETF Issuers Purchased Over 19,908 BTC This Week Data from the on-chain analytics platform Lookonchain shows that the Spot Bitcoin ETF issuers combined to purchase over 19,908 BTC ($860 million) this week. Meanwhile, it is worth mentioning that Lookonchain’s data didn’t capture WisdomTree’s BTC purchases in its analysis, suggesting that the figure could…
In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded Funds (ETFs) inflows. As NewsBTC reported, Grayscale’s GBTC outflows have slowed down significantly recently, resulting in constant net inflows over the past five consecutive days,ranging from $14.8 million to $247.1 million. The 118 Multiplier Concept The crux of Young’s analysis hinges on the concept of the ‘118 multiplier’, a metric introduced by Bank of America in March 2021. This multiplier posited that an…
Using historical and future Bitcoin halving events, the Bitcoin Stock to Flow (S2F) live data chart model has pointed toward a BTC surge to unprecedented highs during the 2028 to 2032 halvings. Bitcoin To Hit $5 Million After 2028 Halving Crypto analyst Bit Harington recently shared insights in a post on X (formerly Twitter) about the potential surges in the price of Bitcoin during the next halving stages. Using data from the Bitcoin S2F chart, Harington predicted the price of Bitcoin would reach $500,000 by the fourth halving, which is taking place in April. His predictions were based on the distinctive…
As we enter a brand new period in digital artwork and leisure, LightCycle companions with international music icon Robbie Williams for a groundbreaking metaverse live performance. Bybit Web3 joins because the official ticketing accomplice, marking a singular tribute to Williams’ profession and an revolutionary mix of music, know-how, and digital artwork. As a pioneer in tech and creativity, LightCycle focuses on utilizing superior metaverse tech to supply an immersive music expertise globally. On this live performance, LightCycle will show its experience in VR, AR, and blockchain, guiding audiences into a brand new period of digital leisure. Bybit and LightCycle Collaborate:…
Anticipations for the upcoming Bitcoin halving event are high in the cryptocurrency community, with hopes of BTC witnessing a massive rally post-event. Nonetheless, several key factors should be considered prior to the halving. Important Considerations Ahead Of The Impending Bitcoin Halving Ali Martinez, a famous cryptocurrency analyst has revealed the major key points investors need to watch out for ahead of Bitcoin halving. The analyst shared his opinions on the subject through the social media platform X (formerly Twitter). In the X post, Martinez pointed out just four important factors to consider as the event drew near. The upcoming halving,…
Arthur Hayes, the founder of BitMEX, has offered an in-depth analysis of the current financial landscape and its potential impact on Bitcoin, especially in light of the recent challenges faced by New York Community Bancorp (NYCB) and the broader banking sector. Hayes’s analysis draws on the complex interplay between macroeconomic policies, banking sector health, and the cryptocurrency market. His comments are particularly insightful given the recent developments with NYCB. The bank’s stock plummeted by 46% due to an unexpected loss and a substantial dividend cut, which was primarily attributed to a tenfold increase in loan loss reserves, far exceeding estimates.…
A crypto analyst, Eric, believes Ethereum (ETH) could spike to $20,000 in the upcoming bull run. The analyst said the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States will propel this upswing. Ethereum To $20,000 Possible In a post on X, Eric cited Ethereum’s historical tendency to mirror Bitcoin (BTC), albeit with a one-cycle lag. In the previous bull market, the analyst noted that Bitcoin surged 22-fold from $3,100 to $69,000. Therefore, if Ethereum follows a similar trajectory, reaching $20,000 would be a realistic possibility. Ethereum price trending upward on the daily chart | Source: ETHUSDT on…
It has been less than 30 days since the US Securities and Exchange Commission gave the green light to Bitcoin ETF applications. Now, another crypto ETF is on the horizon. A Standard Chartered Bank representative said there is a high possibility for the Commission to approve the first batch of Spot Ethereum ETF applications. They have added that the pattern will be more or less the same, wherein the SEC first rejects applications and then approves them when they meet requirements. Geoffrey Kendrick, the Head of Forex and Digital Assets at Standard Chartered Bank, has also said that the value…
Amid the recent rally that Bitcoin (BTC) experienced at the start of the week, several well-known cryptocurrency analysts seem to be bullish about the largest crypto asset, delivering multiple positive predictions for BTC in the short and long term. Bitcoin Poised To Hit The $60,000 Price Mark One of the famous crypto analysts who has recently shared exciting and positive predictions for Bitcoin is Ali Martinez. Martinez, known for his enthusiasm for cryptocurrency, took to the social media platform X (formerly Twitter) to share his projections with the community. The analyst’s prediction delves into the Market Value to Realized Value…