Author: NBTC
Ripple CEO Brad Garlinghouse recently reiterated the importance of real-world utility in the crypto scene amid the euphoria triggered by XRP’s 20% spike above $0.74. Despite the market-wide uptrend, XRP has performed below expectations, trading underneath $0.70 while other assets record double-digit gains. Before now, the asset’s highest price was $0.6685 on March 5, the day Bitcoin (BTC) first breached the previous cycle’s ATH. Following the surge to $0.6685, XRP saw a massive 8% collapse below $0.60. However, amid the escalating concerns, the cryptocurrency witnessed a golden cross on the daily timeframe, with the 50-day EMA pushing above the 200-day…
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET)…
Mario Nawfal, a crypto investor who hosts the largest show on X, has disclosed his changed perception regarding Shiba Inu. In a recent post on X, Nawfal revealed his long-held reservations for meme-inspired cryptocurrencies like Shiba Inu. Per the disclosure, he has opposed such aspects of cryptocurrencies for years. However, recent developments surrounding Shiba Inu have prompted Nawfal to reassess his stance on meme-inspired cryptocurrencies, leading to a change of heart. 🚨 @ShytoshiKusama speaks for the second time EVER! I’ve always been against meme coins for years, but my perception is changing as more projects create utility on what begins…
Bitcoin’s price was heading south for several consecutive days, culminating in a price dump below $61,000 yesterday amid fears of what the US central bank will announce in regards to its monetary policy. However, the asset went on a roll yesterday after the Federal Reserve outlined no significant changes. The rest of the market followed suit. CryptoPotato reported yesterday morning’s price declines, which drove BTC to its lowest price tag in over two weeks of under $61,000. This transpired amid the ongoing profit-taking by a certain cohort of investors, such as miners, the significant spot Bitcoin ETF outflows, and the…
The petition to have Grayscale Investments launch an ETF product for Shiba Inu (SHIB) is gaining momentum. In just weeks, the proposal has received 5,761 signatures. The Shiba Inu community has continued to show resilience in its quest to have a top asset manager like Grayscale Investments launch an ETF product for SHIB. Shiba Inu ETF Petition Gains Momentum Recall that the community raised a petition directed at Grayscale in February, urging the asset manager to launch an ETF specifically for Shiba Inu. The petition titled “Proposal for a Shiba Inu (SHIB) ETF by Grayscale Investments” was introduced on February…
Timing can be crucial when it comes to investing in cryptocurrencies like Bitcoin (BTC). Many investors wonder if there is a best day to buy Bitcoin to maximize their returns. In this article, we will explore various factors that can influence when to buy Bitcoin and provide insights to help you make informed decisions. Is Bitcoin considered volatile? BTC is notorious for its price volatility. Unlike traditional assets such as stocks or bonds, BTC’s price can fluctuate significantly within a short period. This volatility is driven by various factors, including market demand, regulatory developments, investor sentiment, and macroeconomic trends. Due…
FLOKI joins DWF Labs Liquid Markets, enabling institutional OTC trading. FlokiFi Locker achieves a TVL ATH of $148.8M, surpassing top memecoins. FLOKI retains position as the 11th most traded cryptocurrency globally. In a significant development, FLOKI has now been integrated into DWF Labs Liquid Markets, opening doors for institutional players to engage in large-scale over-the-counter (OTC) trading of FLOKI. #FLOKI is now live on DWF Labs Liquid Markets!This allows institutional players to trade $FLOKI with size via OTC and strategically positions FLOKI to capitalize on the strong institutional interest it has been experiencing lately.One step at a time, Floki draws…
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “…based on the ratio of past gains gives me $95,000 as the minimum target… …and the median target of $142,000. And if things go really well, we will hit $190,000. But anywhere you know closer to $142,000 maybe… but it could be between $95,000 and $142,000, could be like $124,000. Something along those lines. But these are…
The Aave community as an integral part of the community has just made a fundamental choice of letting Renzo”s Protocol along with its etzETH product operate their ethereum ecosystem. This decision, in particular, visibly on the Snapshot governance platform, appears to be a great stride towards the Aave V3 lending capability growth on Ethereum The improvement, which is at the first place presented as a “temperature check”, seeks to give a boost to Aave V3 platform efficiency and core functionality, potentially rendering it more versatile. Aave expanding Ethereum’s lending horizon Aave’s success in rolling out the initial Renzo Protocol and…
A trader who rode last year’s crypto breakout thinks that Ethereum (ETH) will continue to underperform unless something monumental takes place. Pseudonymous analyst DonAlt tells his 535,700 followers on the social media platform X that he expects other altcoins to massively outperform Ethereum as soon as market conditions improve. DonAlt believes Ethereum will continue to be a laggard until ETH witnesses a catastrophic collapse. “Everything down. ETH down but ETH down less. Rejoice ETH holders your time has come (Down in USD, up relative to the rest of the sh*tters). I legit think this is the only way for ETH…