Author: NBTC

Bitcoin (BTC) price rallied over 8 percent last week to close above $63k following the ongoing economic shift triggered by the U.S. Fed’s rate cut. Having successfully rebounded from the 50-week Moving Average (MA), Bitcoin price is now retesting the crucial resistance level above $64k. The notable Bitcoin price rebound in the past two weeks has significantly reduced the fear of further crypto capitulation. Bitcoin’s fear and greed index hovered above 50 percent on Monday during the early Asian session. Bitcoin Whales Increases Appetite Amid the global geopolitical uncertainties, especially between NATO and the BRICS movement, the demand for Bitcoin…

Interchain Foundation has dumped 4,000 ETH ($9.5M);, which is part of the single-day dumplings that has hit 15,100 ETH ($37.09M) this year since April. The foundation established large ownership stakes in their token sales of 2017, and has since then disposed of 4,499 BTC and 223,305 ETH for $132.2 million. Most of their token is tied with the two major cryptocurrencies, holding 383.8 BTC and 23,587 ETH, and there is no explanation how freshly raised capitals will be used. Cosmos developer Interchain Foundation allegedly continues to sell ETH based on on-chain data, which reveal that the foundation has recently sold…

BRC-20 tokens are moving to turn BTC not only into an electronic currency for Peer-to-peer payments. These tokens cover different requirements: privacy, as well as the representation of assets in the blockchain. The popularity of BRC-20 tokens may have an impact on the position of Bitcoin within the ecosystem. The Bitcoin ecosystem has been extended with the appearance of BRC-20 tokens. These tokens, based on the Bitcoin blockchain, have been popular for the features they brought and the applications that might be launched. In this article, five promising BRC-20 tokens are explored that have recently drawn interest in the cryptocurrency…

Jorge G. Tenreiro, the SEC’s Enforcement Chief for Crypto Assets and Cyber Unit, is facing a bar complaint after signing off the appeal against Ripple and its founders. The SEC’s chief enforcer could face termination from the bar after a misconduct complaint was filed against him. According to an X article, holders of the VERI token have submitted an Amicus Brief to Judge Analissa Torres, who presides over the SEC vs. Ripple case. Tenreiro Faces Allegations of Overreach Tenreiro was one of the SEC’s executives who signed off on the appeal of the case against fintech giant Ripple. The October…

After a quiet weekend in which it stood primarily around $63,000, BTC went on the offensive during the Monday morning Asian trading session but was stopped at just under $65,000. The subsequent rejection brought some more volatility to the market, which has liquidated over 60,000 traders on a daily scale. Bitcoin’s price actions were quite positive in the past several days, especially since the US Federal Reserve cut the key interest rates in the country by 0.5% on Wednesday. BTC reacted with immediate price fluctuations but the bulls prevailed and drove the asset north, culminating in a price surge to…

The following is a guest post by Rob Viglione, CEO of Horizen Labs. In the past year, there have been some major milestones along the Ethereum roadmap that have leveled up the network. EIP-4844 (aka Dencun) introduced blobs and proto-danksharding, making data storage an order of magnitude cheaper for Layer 2s and resulting in far lower transaction fees. Meanwhile, Layer 2s (mostly of the optimistic variety) have become more integrated and widely used in applications, making it possible to transact for less than a penny, and improving on Ethereum’s fundamental infrastructure. However, as anyone who has paid attention to gas…

Shiba Inu (SHIB) coin is a major contender for the meme coin throne, often referred to as as the ‘Dogecoin killer’ by its supporters. As the coin continues to grow, more people are interested in the tokenomics of this project and find themselves wondering how many Shiba Inu coins are in circulation. Understanding Shiba Inu coin (SHIB) Shiba Inu was created in August 2020 by pseudonymous developers. Unlike tokens that live on a dedicated network, (SHIB) is an ER-C20 token that exists on the Ethereum blockchain. As such, it has access to DeFi and related services, giving it an advantage…

As market sentiment continues to shift towards the bullish end, Bitcoin (BTC) price also appears to be towing the same path. With an 8.50% increase in the last seven days, the cryptocurrency is eyeing levels that could bring in substantial profits for its holders. Beyond that, this on-chain analysis explains how this potential price surge could precede a new all-time high before the next quarter winds down. Bitcoin Gives Bull Run Alert According to crypto asset management firm 10x Research, Bitcoin is preparing for an explosive move. However, in its weekly report dated September 22, 10x Research stated that BTC…

Ethereum (ETH) price recently faced a 13% correction, bringing the altcoin down from local highs. However, the cryptocurrency is showing signs of recovery, having secured a crucial bear market support level. With market sentiment slowly improving, ETH appears poised for a potential rebound, though challenges remain. Ethereum Losses Trigger HODLing Ethereum has seen a spike in realized losses, which typically signals untimed selling from investors who may have exited positions during the downturn. Interestingly, these upticks can also indicate a shift in investor behavior, with many opting for HODL rather than risk further losses. By holding onto their assets, investors…

Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data. The blockchain gaming sector grew for the second consecutive month, with VC funds pouring $63 million into blockchain titles, marking a 32% monthly growth. Nearly half of the money raised by blockchain gaming startups was directed at Balance Games. The project received $30 million from companies such as Animoca, a16z, Aptos Labs, and DWF Labs to combine blockchain and artificial intelligence to create more enjoyable user experiences. Infrastructure Projects building blockchain infrastructure received $457 million in…