Author: NBTC
Bitcoin is forming a cup and handle pattern, indicating potential for a significant price breakout. The next key resistance level to watch is the neckline at around $72,000. A successful breakout above the neckline could trigger a steep upward price movement. The Bitcoin price is hinting at a significant rally through one of the most recognizable patterns – cup and handle. This bearish technical pattern is known as determining potential large upward movement in price once key levels are crossed. Bitcoin price formation explainable in the context of this formation structure is at the final stage as can be seen…
In a social media post on the X social media network, SBI Holdings CEO Yoshitaka Kitao stated that Ripple, one of the leading enterprise blockchain companies, should start preparing for an initial public offering (IPO) “as soon as possible” after the SEC matter gets resolved. In early October, the SEC filed a notice of appeal in the Ripple case, extending its prolonged legal battle with the company. However, likely, the regulatory cloud will no longer be hanging over Ripple. Various legal analysts predict that the appeal will be shelved by the SEC following the seemingly imminent changing of the guard…
South Korea’s largest cryptocurrency exchange Upbit has recorded dramatic increases in trading volumes for several altcoins. These notable increases observed on the one-hour and four-hour trading charts indicate high activity, which contrasts with trends on global platforms like Binance. One of the notable moves was seen on Beam (BEAM). On its four-hour chart, BEAM’s trading volume on Upbit skyrocketed to $63 million, a 212.77% increase from its 50-period average of $20 million. However, the picture was quite different on Binance, where BEAM’s volume dropped by 39.80% from an average of $6 million to $4 million. Another token that caught our…
Over two years ago, Sam Altman, co-founder of OpenAI, launched Worldcoin, a blockchain project known for its distinctive metal orb used to scan eyeballs. Recently rebranded as “World Network,” the platform provides users with digital passports — verified through the iris scans — to help online services differentiate humans from bots in an AI-driven internet. Now, a group of crypto veterans, including the co-founders of decentralized finance juggernaut Lido, are preparing to launch “Y,” a blockchain identity platform aimed squarely at competing with World Network. CoinDesk obtained an internal planning document for the new project. A person close to Cyber…
Vocal Bitcoin maximalist Max Keiser has shared what ROI (return on investment) he has seen on his BTC investments since the times when the flagship cryptocurrency traded as low as just $1. Keiser, who is also the advisor on all things to do with Bitcoin to President of El Salvador Nayib Bukele, has reminded the BTC community that he has been purchasing digital gold since 2011, when Bitcoin was worth just $1. Basically, Keiser began buying BTC right after its mysterious creator, Satoshi Nakamoto, disappeared from public view. By now, he proudly stated, his ROI on the Bitcoin he holds…
Crypto fundraising continues to see significant momentum as eight blockchain projects secured $120 million in new funding rounds. This highlights continued investor confidence in decentralized technologies. OG Labs stood out with the highest fundraising total, gathering $40 million. The project secured investments from major blockchain players like Alchemy, Bankless Ventures, OKX Ventures, and Delphi Digital, solidifying its position in the industry. MAJOR RECENT CRYPTO FUNDRAISING EVENTS#0GLabs #StakeStone #Wyden #Notabene #Moca $MOCA #Brevis #TAC #Eidon pic.twitter.com/zikXPvGBfh — PHOENIX – Crypto News & Analytics (@pnxgrp) November 16, 2024 StakeStone and Wyden Gain Traction in Crypto Fundraising Projects StakeStone followed closely with $22…
The cryptocurrency market has fallen just ahead of Bitcoin breaking a new all-time high price record, with the BTC price trading at $68,200 at the time of writing. In the new week, events that can directly affect the cryptocurrency world such as the FED’s interest rate decision and the US Presidential Election will occur. In addition, large amounts of token unlocks are expected in many altcoins. Here is the token unlock calendar that we, as Bitcoinsistemi.com, have prepared specially for you. (All times are stated as UTC+3 Türkiye time) Mines of Dalarnia (DAR) Market Value: $81.53 million Token Unlock Amount:…
SBI Digital Markets, UBS Asset Management, and Chainlink have successfully completed a pilot program showcasing the use of smart contracts to manage tokenized funds. The companies announced this on Nov. 18, noting that the solution brings automated tokenized fund management to the market and leverages the Chainlink (LINK) infrastructure. With this solution, users can automate their tokenized fund management processes, unlocking blockchain capabilities for the world’s $132 trillion assets under management market. urrently, the total real-world assets on-chain represent a market of around $13.2 billion. You might also like: Trump’s World Liberty Financial taps Chainlink for offchain data Solution allows…
The broader crypto ecosystem went agog when the news of the Bitcoin (BTC) and Cardano (ADA) Bridge collaboration broke out. Despite this excitement, some pro-Bitcoin experts like Fred Krueger believe this update is overhyped, as Bitcoin does not necessarily need proof-of-stake (PoS) protocols to boost its utility. Krueger’s position and community feedback The self-acclaimed Bitcoin maxi asked the public, “Why?” The public thinks Bitcoin needs chains like Ethereum and Solana. He said some of the core innovations on these PoS chains, like DeFi and NFTs, have small use cases that Bitcoiners do not need. He said nothing will move “the…
Digital asset prices have been at an all-time high in recent weeks, but experts are downplaying the possibility of a steep market correction in the future, and mid-2025 is touted as the peak. According to a report by MV Capital, the bull run is anticipated to continue into the second half of 2025 before recording significant pullbacks. MV Capital reached its conclusion following a poll of nearly 80 digital asset investors, including hedge funds and venture capital (VC) firms. Over half of the surveyed respondents indicated optimism for an extended bull run for large-cap digital assets after a lengthy period…