Author: NBTC

Bitcoin (BTC) has recently retraced after breaking through the psychological $100,000 barrier, falling to a low of $96,000 and triggering over $1.6 billion in liquidations in the past 24 hours. Despite the correction, analysts remain optimistic about Bitcoin’s long-term outlook, with projections pointing toward a potential peak of $400,000 by 2026. Notably, TradingShot, in an analysis on TradingView, highlighted that Bitcoin’s bullish cycle remains intact, supported by historical patterns and key technical indicators. 50-week moving average: A critical foundation for the bull run According to the analysis, Bitcoin has managed to maintain its broader bullish structure, defined by a green…

Berachain, a popular Polychain-backed layer-1 network, is expected to launch its airdrop in 2024, according to most Polymarket users. Berachain airdrop odds are rising A Polymarket poll with over $669,000 in funds places the odds that Berachain will launch its token this year at 67%. This poll has been accurate before as users accurately predicted the recent Scroll (SCR) airdrop. They also predicted the confirmed Swell airdrop. Another Polymarket poll with $55,528 places the probability of the Berachain airdrop happening this year at 72%, up from this month’s low of 42%. Berachain is one of many upcoming layer-1 networks in…

“Good artists copy, great artists steal,” was a favorite saying of Apple’s Steve Jobs to explain his company’s blatant copying of technology from Xerox. Fast forward to the Web3 era, and BitMEX CEO Stephan Lutz, who was appointed to the role in late 2022, says he’s fine with competitors copying the crypto exchange’s invention of the perpetual swap, the financial instrument that underpins the crypto derivatives market. The more traders access the tool, the healthier the market, the logic goes. “It was copied by everyone, because that’s just open-source know-how,” Lutz said in an interview with CoinDesk. The whole world…

Eric Trump, President-elect Donald Trump’s son, is bullish on Bitcoin. Barely a week after Bitcoin clinched the long-desired $100,000 price point, Bitcoiners are already setting their sights on new milestones, seven figures to be exact. The latest voice to join this chorus is Eric Trump, the second son of U.S. President-elect Donald Trump. “I am confident that it [Bitcoin] is going to hit $1 million,” Eric Trump asserted, speaking to a packed audience at the ongoing Bitcoin MENA Conference in Abu Dhabi today. Eric Trump’s appearance at the conference follows his father’s campaign appearance at Bitcoin 2024 in Nashville as…

Cardano founder Charles Hoskinson reveals why venture giant Andreessen Horowitz (a16z Crypto) failed to include Cardano in its recently published State of Crypto 2024 report. Yesterday, the crypto arm of leading venture capitalist Andreessen Horowitz (a16z Crypto) released the 2024 edition of its State of Crypto report. The VC highlighted the latest trends among crypto builders and recent tech improvements in the report. ADA Enthusiasts Question Cardano Omission From a16z Crypto Report The report provided several key metrics, such as monthly active crypto addresses and top blockchains by developer interest. According to the report, the monthly active crypto addresses hit…

WazirX Bankruptcy Rumors: Is WazirX on the brink of collapse? Speculation surrounds strategic departures and a potential shift to a new DEX model. Binance-WazirX Dispute: Ownership tensions and investigations intensify as WazirX faces uncertain future, with users concerned about potential fund recovery schemes. A series of rumours about WazirX’s upcoming bankruptcy has already started buzzing within the Indian community on various platforms. Your turn at a glance WazirX, once a giant in the Indian crypto market, gets caught up in rumours of strategic departures led by its co-founder Nischal Shetty. Despite the fact that there has not been an official…

Bitwise, the leading cryptocurrency index fund manager, has predicted that the price of Bitcoin, the bellwether cryptocurrency, could potentially reach $200,000 in 2025. At the same time, Ethereum, the largest alternative cryptocurrency, has been predicted to surge to $7,000. Institutional investments, corporate adoption, and friendly regulations have been cited as the key potential tailwinds for the cryptocurrency industry in 2025. Other positive catalysts include wirehouse approvals, increasing layer-2 scaling, and various macro factors such as the US Federal Reserve’s rate cuts. The firm is also very optimistic about Bitcoin ETFs, predicting that they might attract more inflows next year than…

Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value. He made quite a bold prediction that is likely to make meme coin investors happy. The early Bitcoin millionaire stated that during the last market cycle, leading meme coin DOGE managed to soar to a $88.8 billion market cap value, while the second largest meme digital currency, Shiba Inu’s, market cap skyrocketed…

Coinbase is projected to be the world’s most valuable brokerage, surpassing $7 trillion asset manager Charles Schwab, which is supported by several key factors. Bitcoin spot exchange-traded fund (ETF) issuer Bitwise is projecting that Coinbase shares (COIN) in the U.S. stock market will double to $700 next year, which now only traded about $302. These bullish projections also came with a vision that this exchange will rise as the world’s most valuable brokerage, exceeding Charles Schwab by next year. “Our prediction: Coinbase stock will trade above $700 per share in 2025 (more than doubling today’s price). That would make them…

The crypto market has witnessed a noteworthy surge in social media activity. As per the statistics from the market intelligence company Santiment, the discussions around purchasing crypto are reportedly reaching the peak point in the month. 📊 The following illustrates the level of interest in buying crypto (in blue) vs. selling crypto (in red) across social media over the past month. With Bitcoin’s retrace to about $94.7K earlier, watch to see if retail shows FOMO at these cheaper levels. 👇https://t.co/BwsGe1Hwq5 pic.twitter.com/eFksH8APUu — Santiment (@santimentfeed) December 10, 2024 Interest in Purchasing Crypto Jumps to a Monthly Peak After Bitcoin’s Retracement to…