Author: NBTC
The hard fork token from Bitcoin, known as Bitcoin SV, continues to rise and has crossed $100 for the first time since February 2022. The price spike, which is noteworthy for having increased by almost 110% in just one week, is mostly attributable to increased trading activity and interest in the South Korean market. Upbit Spurs Bitcoin SV Surge: Insights Upbit, the biggest cryptocurrency exchange in South Korea, has been the center of this increased interest in BSV. On New Year’s Day, Upbit registered a significant $275 million in BSV trading activity. With a total trading volume of $753.5 million,…
Ethereum has finally released tentative release dates for its upgrade schedule. The network is set to undertake its new mainnet hard fork, Dencun, in Q1. If everything goes well, the Ethereum team is considering the following dates for forking the public testnets: Goerli – January 17 Sepolia – January 30 Holesky – February 7 According to developers, Goerli will not be added to the testing regimen after the hard fork. The network is slated for depreciation, and it is time for the Electra/Prague upgrade. Whether Ethereum will focus on structuring the upgrade around smaller improvements or a large core feature…
An analyst has explained that Ethereum could be set to see a further rally based on on-chain data. Here’s the level ETH may end up surpassing. Ethereum Has No Significant On-Chain Resistance Ahead In a new post on X, analyst Ali has discussed how Ethereum’s support and resistance levels are looking like based on on-chain data. In on-chain analysis, the potential for any level to provide any notable amount of support/resistance to the price depends on the number of investors who acquired their coins. Here is a chart that shows the amount of ETH that was bought at some of…
Crypto analyst Ali Martinez recently provoked some thoughts in the crypto community as he highlighted a historical pattern that provides insight into where the Bitcoin price may be headed. This comes as debate continues whether or not a potential approval of the pending Spot Bitcoin ETF applications is a ‘sell-the-news’ event. Is History Set To Repeat Itself? In a post on his X (formerly Twitter) platform, Martinez noted that Bitcoin had a bearish January the last two times it saw a strong performance in the last four months of the preceding year. If history were to repeat itself, Bitcoin’s price…
The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager, BlackRock, in terms of seed funds for their respective ETFs. Bitwise’s Bitcoin ETF Could See $200 Million Seed Fund Bitwise’s latest amendment to its S-1 filing with the Securities and Exchange Commission (SEC) shows that the asset manager has gotten interest from an investor to have its ETF seeded with $200 million upon launch. Bloomberg analyst Eric Balchunas highlighted…
The Museum of Science in Boston is venturing into immersive on-line schooling with its newest providing on Roblox, titled “Mission: Mars.” Developed in collaboration with Filament Video games, this interactive expertise challenges individuals to design and refine autos match for traversing the crimson planet. Participating Studying on Roblox “Mission: Mars” represents the Museum’s first foray into the favored world platform identified for its immersive 3D experiences. Via this academic endeavor, the Museum goals to interact college students of assorted ages within the Engineering Design Course of. Members collaborate to develop autos for navigation and mission completion on Mars. Supply Roblox…
The Bitcoin Rainbow Chart has emerged as a universally used analytics tool that helps crypto investors and traders predict BTC’s ever-changing market trends and cycles. Bitcoin Rainbow Chart BTC Analysis Throughout the year, the price of Bitcoin has experienced several uptrends and downsides. Starting from the last three months of 2023, BTC’S price has experienced a major surge, hitting above $35,000 in October and surging past $44,000 in December. With the market moving up rapidly, many crypto investors and market watchers look for various crypto analytics tools to enhance their understanding of the Bitcoin market trends. The Bitcoin Rainbow Chart…
CEO of ARK Invest, Cathie Wood has shared her perspective on the approval timeline for Spot Bitcoin ETFs. She has also highlighted the significant impact the official authorization of Bitcoin ETFs would have on the price of BTC. BTC Price Boom Predicted Following ETF Acceptance Founder and CEO of American asset investment management firm, ARK Invest, Catherine Duddy Wood has recently appeared in an interview with Yahoo Finance. The live interview which was published via YouTube centers on Wood’s views and opinions regarding the potential approval of Spot Bitcoin ETFs and its effect on the price of BTC. According to…
Injective has announced the End of the Year Treasure Hunt, an event that seeks participants to venture across the ecosystem and find twelve hidden secret words. The Treasure Hunt event is currently taking place with support from related dApps, or decentralized applications, to give the top 3 players a share of the prize pool and exclusive goods. The same number of dApps have hidden twelve secret words. Players must interact with dApps and complete specific actions to unlock the hidden word. Then, they must submit the entries to Injective through a Google Form, a link to which has been shared…
ARK 21Shares has filed an updated Bitcoin ETF application. The development comes in the last concluding hours of the deadline by the SEC, December 29, 2023. The community speculates that more applications could be on the way to strengthen their chance of getting approval in the first wave. A tentative date for confirmation is January 10, 2024. Not that all applications will be approved since the Commission has tabled the chance of rejecting all or some applications. As for ARK 21Shares, submitting an updated application hours before the final deadline marks the fifth updated application. This amendment is likely to…