Author: NBTC

Bitcoin maximalist Max Keiser has again poured harsh criticism on the second biggest cryptocurrency by market capitalization value, Ethereum, giving the community reasons why he believes that ETH is a loser compared to Bitcoin. He stated that ultimately Ethereum will crash to zero against BTC. Max Keiser’s arguments against Ethereum Former financial commentator and Wall Street trader Max Keiser has published a tweet in which he once again slammed Ethereum. Keiser has done the same before, not only with ETH but also with XRP, ADA, SOL and other altcoins since he as a Bitcoin maxi considers any crypto except Bitcoin…

Tech centibillionare and founder/CEO of half a dozen innovative companies, including Twitter/X, Elon Musk has published a post which raised concerns of the crypto community and other X users, as well as multiple questions. Crypto influencers also had their attention caught by Musk’s new tweet – Blockstream’s CEO and one of Dogecoin founders in particular. Back and Markus react to Musk’s tweet Elon Musk announced that the Twitter/X team intends to suspend accounts doing engagement farming. This initiative is likely connected with Musk’s intention to protect the freedom of speech on the one hand and to prevent fake or misleading…

Crypto regulatory initiatives have stepped up in the U.S. in recent months, JPMorgan said. The stablecoin bill is most likely to be approved before the presidential election, and is a threat to tether’s dominance if passed, according to the bank. Issuance of a central bank digital currency is less likely after the House passed a bill last month banning the Federal Reserve from doing so, the bank said. U.S. crypto regulations seem to be moving in a direction that opposes the launch of a central bank digital currency, is against local banks embracing crypto and is averse to non-compliant stablecoins,…

Immutable, a prominent Ethereum-based forum for developing Web3 games, has recently announced an exclusive project. As the platform noted, it is unveiling a cutting-edge evolution in the sector of real-time casual strategy gaming with Somnis Rumble Rush. The company took to the social media platform X to disclose the respective initiative. Somnis Rumble Rush is launching on Immutable zkEVM, powered by @0xPolygon!@overtake_world, led by former @EA GM renowned for leading FIFA Online generating over $600M annually is bringing Somnis Rumble Rush for everyone to play on Immutable. Somnis Rumble Rush is the next… pic.twitter.com/fwzgQY8lUk — Immutable (@Immutable) June 7, 2024…

Crypto analyst and founder of the Capriole Investments fund Charles Edwards has taken to the X social media platform to share his take on why the world’s leading cryptocurrency Bitcoin has not reached the $100,000 level so far. He named the key factors that he expects to propel the BTC price upwards within the coming few months. “Why aren’t we at $100,000 yet?” Charles Edwards published a thread on X to share the reasons which he believes to stand between Bitcoin and the much-anticipated $100,000 price mark at the moment. This price surge has not yet taken place despite the…

An Ethereum (ETH) whale has transferred 8,710 ETH, valued at approximately $33.55 million, to Coinbase, one of the leading cryptocurrency exchanges. The transaction was highlighted by Whale Alert, a service that tracks large crypto transactions. The transfer has sparked speculation that this whale might be preparing to sell a large portion of their holdings. Such moves are closely watched by the crypto community, as they can significantly impact market dynamics. Given the recent rally in Ethereum’s price, it is plausible that the whale intends to capitalize on the gains. Over the last 30 days, the ETH price has surged by…

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall within the last 24 hours. SPCT 24-hour price chart | Source: CoinMarketCap Previously reaching an all-time high of $0.05065 on April 9, 2024, the current price of SPCT is now 81.66% lower than its peak. Spectra Chain, which recently launched its Layer 2 solutions on April 16, is known for its Proof of Stake consensus mechanism designed to improve scalability,…

With Binance’s recent announcement about the upcoming MiCA rules implementation that will impact customers from the European Economic Area (EEA), many crypto users are naturally wondering what this will mean for stablecoins like Tether, USDC, DAI, and others. According to EU legislators, the Markets in Crypto-Assets Regulation (MiCA) aims to ensure that legislative acts on financial services are fit for the digital age and support the use of innovative technologies, including distributed ledger technology (DLT) and blockchain. When it comes specifically to stablecoins, the rules introduce a set of regulations aimed at companies offering stablecoins in the EEA. These rules,…

10x Research projects a rally to $83,000 based on technical analysis. The bullish breakout is likely to happen on Friday or next week. Bitcoin (BTC) may be setting up for a rise to $83,000 as it completes a major bullish price pattern on the daily chart, according to technical analysis by 10x Research. A price move above $72,000 would confirm a breakout from an inverted head-and-shoulders pattern, characterized by three price troughs, with the middle one being the deepest. “It is only a matter of time until bitcoin makes a new all-time high. The head-and-shoulders formation suggests a rally towards…

Cathie Wood’s Ark was the first company to seek permission to create a spot ether exchange-traded fund (ETF) in September, a pioneer who blazed the trail before a wave of other high-profile applicants. And then, within the past week, it bowed out without explaining why. Chalk it up to the intense battle to lure customers with low fees for crypto ETFs, according to experts. During a fireside chat at CoinDesk’s Consensus conference in Austin, Texas, last week, Wood said ARK’s spot bitcoin ETF, launched earlier this year, wasn’t making the firm any money because it charges investors such a low…