Author: NBTC
Renowned finance author Robert Kiyosaki has never been shy about his support for Bitcoin and he continues to push for more adoption of the asset. Kiyosaki who wrote the infamous ‘Rich Dad Poor Dad’ book is back once again with a piece of advice, and a warning, for investors regarding Bitcoin. Buy Bitcoin Now, Says Kiyosaki In normal fashion, Kiyosaki took to Twitter to sound the warning about rising prices due to inflation. This tweet was made back on November 23 where the author lamented the reality of individuals who are having to live paycheck to paycheck and are unable…
The Financial Authority of Singapore’s (MAS) Undertaking Guardian has been making waves in current months for its progressive strategy to digital property.As an illustration, MAS just lately launched the world’s first reside repurchase transaction utilizing a digitally native bond on a public blockchain. This and numerous different improvements mark a big milestone in its current digital asset strategy.Nevertheless, whereas optimistic about MAS’s developments, Ralf Kubli, a board member of the Casper Affiliation, the group liable for overseeing Casper Community, highlights that this innovation isn’t with out its challenges.Kubli believes a essential but usually neglected facet of the tokenization course of is…
Samsung has acquired UK patent approval for its “Samsung Glasses,” marking the tech big’s comeback to the wearable tech market after its earlier enterprise with Gear VR. This transfer indicators Samsung’s readiness to compete with Apple’s Imaginative and prescient Professional on this aggressive sector. The approval of the “Samsung Glasses” trademark by the UK Intellectual Property Office suggests a proactive transfer in direction of the product’s improvement and future launch. In line with an Android Central report, the Samsung Glasses are scheduled for a late 2024 launch, contrasting with Apple’s anticipated mixed-reality headset launch earlier in the identical yr. Transfer in…
Blockchain analytics firm Glassnode has estimated a substantial influx of investor demand following the approval of Bitcoin Spot ETF. The analysis indicates around $70 billion in new money flowing into Bitcoin, potentially setting the stage for a BTC price rally. Bitcoin Spot ETF Set To Ignite New Inflows Blockchain data and intelligence provider, Glassnode has recently published research insights on the potential impacts of Bitcoin Spot ETF approvals on the price of Bitcoin and the broader crypto market. The on-chain analytics company has predicted about $70.5 billion flowing into Bitcoin from increased demand from institutional investors. Glassnode bases its analysis…
Popular crypto analyst PlanB, known for his strong bullish stance on Bitcoin and the stock-to-flow model, took to X to reiterate an optimistic long-term for Bitcoin. According to the analyst, we might be in the final days of Bitcoin below $40,000. PlanB made a call to action based on his analysis of Bitcoin’s realized price, as all signs point to Bitcoin going on a strong price surge very soon. Enjoy Sub-$40,000 Bitcoin While It Lasts Bitcoin has outperformed other asset classes in terms of price performance this year. Price data shows the cryptocurrency is currently up more than 125% this…
The price of Ethereum has been on a steady and monumental rise in the past few weeks, and the last seven days have not been much different. The altcoin breached the $2,100 mark on Friday, November 24, with its sights now set on new yearly highs. Interestingly, a recent on-chain revelation has shown what could be behind the latest ETH price surge while offering insights into the future prospects of the cryptocurrency. On-Chain Data Shows Whales Continue To Buy ETH Renowned crypto analyst Ali Martinez, in a post on X, revealed that Ethereum whales have been active in the crypto…
Pockets of Satoshi, a preferred pockets to be used with with Bitcoin’s Lightning Community, introduced the tip of U.S. help on Nov. 24. The corporate stated that it had determined to take away its app from the U.S. and Google app shops and cease serving American customers going ahead. The announcement solely broadly described the explanations for the change, stating: “This choice doesn’t come flippantly. Our dedication to offering a safe, user-friendly, and compliant platform globally is unwavering. Our high precedence is the security and pursuits of our prospects and our firm.” Pockets of Satoshi in any other case stated…
Ethereum (ETH) continues to absorb Bitcoin (BTC) selling pressure in November, looking at price action when writing on November 24. In the daily chart, ETH bulls have the upper hand, adding roughly 9% versus BTC from October lows. Ethereum Outperforms Bitcoin In November ETH buyers are firm, with price action still confined inside the conspicuous bullish engulfing bar of November 9. Despite bears forcing prices lower in the second week of November, the failure of BTC bulls to reverse all losses suggests that ETH buyers are still in command. If anything, prices may rise in the days ahead, reversing losses…
Blockchain analytics platform Token Terminal has provided insight into the future trajectory of the second largest cryptocurrency by market cap, Ethereum (ETH). Interestingly, they predict that the crypto token could rise as high as $36,800. When Ethereum Will Hit $36,800 In the research paper released by the platform, Ethereum is billed to hit the $36,800 mark by 2030. However, this prediction is made in the best-case scenario of 2030 being a bull market season. One of the ways in which they analyzed ETH’s future value was with the total Addressable Market analysis. They looked at the industries already adopting blockchains…
Ethereum has cleared the $2,100 level during the past day, and if on-chain data is anything to go by, a rally to new yearly highs should be “easy.” Ethereum Has No Major On-Chain Resistance At Higher Levels An analyst in a post on X explained that Ethereum has overcome a major on-chain resistance zone with its recent price rally. The on-chain resistance and support levels are defined based on the density of investors who bought at them. The reason behind this lies in how investor psychology tends to work. For any investor, their cost basis is an important level, so…