Author: NBTC
Veteran Trader Peter Brandt recently shared insights into his trading strategy, highlighting four trades he is currently involved in, including Ethereum, the second-largest cryptocurrency by market capitalization. The U.S. Securities and Exchange Commission (SEC) approved applications to list exchange-traded funds (ETFs) linked to the price of Ethereum in the past week, potentially clearing the way for the products to begin trading later this year. Ethereum rose over the weekend, buoyed by increased optimism following the approval of U.S. Ethereum ETF applications. At the time of writing, ETH was up 2.38% in the previous 24 hours to $3,905, having reached a…
With the rising bullish sentiments in the cryptocurrency industry post-Bitcoin-Halving and increased price volatility, the market is predicted to achieve a new all-time high (ATH) during the upcoming months. On the other hand, the hype for airdrops has witnessed a significant surge, indicating a rising interest of investors in it to maximize their profits. In this article, we have covered the top 3 airdrops scheduled for May that have a high potential to yield high profits in the short term. ICP: Galactic Airdrop ICP is a unique blockchain and offers a strong decentralized cloud with the help of cryptography called…
Prom has integrate NADA Protocol into its ecosystem which is a notable progressive achievement in the GameFi sector. NADA Protocol is a decentralized gaming system using blockchain technology widely familiar for next-gen mobile games. These games are a mix of easy to play fun games with P2E mechanisms for casual gamers as well as for the Web3 space end-users and enthusiasts. Prom Integrates NADA Protocol into the Ecosystem We’re taking a turn to GameFi today: meet @NadaSlimeWorld, a blockchain-based game ecosystem.NADA Protocol is a family of next-gen mobile games. It offers charming gameplay powered by P2E and diverse mechanics suitable…
Riot Platforms Inc. (RIOT) has aggressively entered the spotlight by securing a 9.25% stake in Bitfarms Ltd. (BITF). The company is now pushing forward with a public takeover bid for the Canadian Bitcoin miner, following Bitfarms’ refusal of a prior approach last month. Riot’s concerns about Bitfarms’ corporate governance, heightened by recent management changes, underscore this move. Riot Offers to Acquire Bitfarms at a 15% Premium Riot has tabled an offer at $2.30 per share, combining cash and stock, valuing Bitfarms at about $950 million. In addition, Riot aims to reshape the governance of Bitfarms by proposing new directors at…
Only a few years back, only the primary crypto lovers (who believed in its revolutionary nature) celebrated the Bitcoin halving. However, the upcoming halving event has already obtained significant attention as the largest institutions based on Wall Street are adopting it. Formerly, just the earliest investors knew that it would prove a deflationary asset. Fourth Bitcoin halving is just around the corner now and coming closer fastly now. Less than a thousand blocks are remaining now and it will take only 6 to 7 days for miners to mine these blocks. Estimated date of $BTC halving is now 19th –…
The analysis of the price of Ethereum (ETH) is a recent and central topic in the world of cryptocurrencies, with experts actively discussing the future market dynamics. Recent developments have captured the attention of investors: the possibility that the price of Ethereum reaches 4,500 dollars before the approval of ETH ETFs and the future implications of the approvals of spot Ether ETFs. Ethereum: short-term price outlook and the analysis of the impact of the ETF Global competition and regulatory outlook Ethereum: short-term price outlook and the analysis of the impact of the ETF Arthur Cheong, founder of DeFiance Capital, has…
ShibaSwap, the prominent decentralized exchange (DEX) for Shiba Inu, has migrated to the ecosystem layer-2 blockchain Shibarium. Shiba Inu content marketing specialist, Lucie, announced the development in a recent post on X. Until now, ShibaSwap was solely a DEX on Ethereum. However, the Shiba Inu development team has confirmed the migration of the DEX to Shibarium, which comes eight months after the blockchain debuted. According to the notification, this move signifies a notable stride in the progression of ShibaSwap. It brings fresh opportunities within the Shibarium blockchain ecosystem. 1️⃣ 🦊 Exciting News! Decentralized Exchange #ShibaSwap Moves to #Shibarium, Bringing New…
Matr1x, a trailblazer in Web3 gaming and esports, announces the launch of its Apollo Program, marking a significant advancement in GameFi economics. This event features a massive airdrop of 50 million $MAX governance tokens and introduces exclusive top-tier weapon skin NFTs, revolutionizing the gaming ecosystem.—Inspired by the historic Apollo Moon Landing, the Apollo Program integrates traditional gaming mechanisms with Web3’s play-to-own concept. This approach tackles the sustainability issues plaguing many GameFi models, which often struggle with maintaining a balance between token generation and consumption. By offering strategic options beyond mere token farming, Matr1x’s innovative case opening mechanism aims to create…
May 28 – With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds (ETFs) stealing investor capital, it’s been a tough year for bitcoin miners. Marathon Digital (MARA.O, opens new tab and Riot Platforms (RIOT.O, opens new tab, among the biggest U.S.-listed miners, have dropped about 10% and 33% respectively so far this year, even as bitcoin has climbed 60% year-to-date to $67,859, after hitting a record level in March. Mining stocks closely track bitcoin as a higher price boosts their profits margins. However, market analysts said the launch of the 11 bitcoin ETFs at the…
Bitcoin (BTC) surprised investors after dropping to as low as $65,000 in the last 24 hours amid the ongoing short-term market sell-off. The sudden price drop has seen Bitcoin encounter significant resistance at $68,000, barely a week before the halving event. In line with this development, crypto trading analyst Rekt Capital, in an X (formerly Twitter) post on April 12, identified three stages revolving around the halving event that can help investors capitalize for maximum profits. Final pre-halving retrace According to the analyst, this first level has already occurred, characterized by a downturn in Bitcoin’s price as investors adjust their…