Author: NBTC
Can Bitcoin’s Correction Continue? According to This Analyst, The Answer Is ‘Yes’ – Here’s Why
The future of Bitcoin (BTC) is closely tied to spot Bitcoin ETF inflows in the United States, according to a recent report from cryptocurrency analysis firm 10X Research. The firm noted that these ETFs recorded record inflows last week. However, a decrease in demand in the coming days may trigger a downward trend in Bitcoin’s price. Bitcoin price, which has found short-term support and stabilized at $67,000, faces a “real test” next Monday and Tuesday, according to the analyst. 10X founder Markus Thielen suggests that the ongoing correction in Bitcoin price could continue if ETF inflows disappoint. “Although this is…
Globally, the regulatory landscape for the financial technology sector is becoming increasingly stringent. This has led to the development of intricate legal structures governing the operations of entities such as crypto asset service providers (CASPs), cryptocurrency exchanges, investment firms, forex brokers, banks, and other financial players, especially in Europe. Europe’s evolving crypto regulatory landscape The regulatory landscape for crypto assets in Europe has undergone significant changes, with the introduction of new frameworks aimed at enhancing consumer protection, financial stability, and innovation. One key development was the Markets in Crypto-Assets Regulation (MiCA), which aims to create a comprehensive regulatory framework for…
In a noteworthy advancement within the blockchain realm, OKX, a prominent web3 technology enterprise, has emerged as the latest validator on the Chiliz Chain. This collaboration unfolds a new chapter in blockchain innovation tailored specifically for the sports and entertainment sector. By integrating OKX as a validator, the Chiliz Chain fortifies its governance, security, and scalability, thereby augmenting the development and execution of smart contracts while ensuring robust transaction verification processes. We’re excited to announce @OKX joins Chiliz Chain as validator node. 🌶️Read all about our collaboration here 👇https://t.co/4hGaeiN1hn#ChilizChain ⚡ $CHZ — Chiliz ($CHZ) – The Sports Blockchain ⚽🏆 (@Chiliz)…
Bitcoin’s ($BTC) price is currently below the price level of $69,000. The prominent crypto token witnessed the closure of the recent weekly candle thereof at up to $68,350. For a greater push this week, it was expected from the coin to close the previous week above the $69,000 crucial mark. The latest statistics have pointed out that the crypto token has an optimistic outlook if it fulfils certain conditions. March 18: $BTC Exclusive Chart- Weekly:Bitcoin price still waiting for weekly Breakout above $69k. Bitcoin closedits weekly candle at $68,352.As we shared many times that if Bitcoin will close its weekly…
Billion-Dollar Bank Accused of Charging ‘Crippling’ Overdraft Fees As Customers Launch $5,000,000 Lawsuit: Report
A billion-dollar bank in the US is reportedly facing a potential class-action lawsuit for the second time in about three years over allegedly hammering customers with “crippling” overdraft fees. Customers LaNita Criswell and LaSheena Neal say Frost Bank’s history of imposing $35 overdraft fees on transactions that do not exceed account balances is in breach of contract and in violation of the Electronic Funds Transfer Act, reports the San Antonio Express-News. The plaintiffs say their proposed class-action lawsuit has at least 100 members seeking $5 million in damages from the billion-dollar lender. Criswell and Neal say that when a debit…
Anime-inspired role-playing game Kaidro has already made waves on Ethereum scaling network Ronin since announcing its plans to migrate in February. A buzzy free mint in March saw nearly 350,000 free NFTs claimed by Ronin wallets, while Kaidro’s first premium mint on Ronin this week sold out some 9,999 Spark Suit NFTs—with 2,400 of those going in a public sale in just 10 seconds—generating $2 million in the process and pushing Kaidro to become the third most-traded collection on the Mavis Market. Kaidro planned to launch on one of Immutable’s gaming-centric Ethereum scaling networks, as originally announced last year. However,…
cheqd, a pioneering startup focusing on empowering users and organizations with control and portability of their data, has announced major partnerships with Andromeda and Devolved AI. These partnerships aim to bolster the growth of Trusted Data economies, emphasizing user-centric approaches in areas like re-usable KYC in Web3 and preference data markets. Andromeda, a company dedicated to building an on-chain suite of products through its decentralized operating system aOS, aims to simplify Web3 interactions. The partnership with cheqd is a vital step for Andromeda in equipping developers with secure, user-controlled data solutions. On the other hand, Devolved AI is leading an…
In a recent and captivating series of posts on social media platform X (formerly known as Twitter), Pete Rizzo, a renowned figure in the cryptocurrency journalism landscape, shared a nuanced thread unraveling the often speculated association between Hal Finney and Satoshi Nakamoto, the elusive creator of Bitcoin. Rizzo’s analysis draws upon various pieces of evidence to thoughtfully challenge the notion that Finney, one of the earliest contributors to Bitcoin’s development, could be the real Satoshi. Pete Rizzo stands out as a distinguished figure in the cryptocurrency journalism and blockchain technology fields. With a career spanning several key roles, Rizzo has…
Coinbase has filed a so-called interlocutory appeal in federal court to challenge just a single legal point at the heart of its dispute with the U.S. Securities and Exchange Commission. The appeal is asking a higher court to review whether a digital asset transaction that poses no obligation to the original issuer of the asset should be considered an investment contract that would be regulated by the SEC. Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry’s fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal…
The Rusty Robot Country Club just launched the latest upgrade to the RRCC website and dApp suite that includes support for Wallet Connect. Introducing an integration that can facilitate multi-chain and omni-chain expansion in the near future. Wallet Connect allows multiple-wallets to connect to the RRCC website and interact with the numerous dApp tools such as Multimeter wallet portfolio, Breaker bulk burn, Transmitter bulk transfer, Rusty Raffle, and everything in between. The introduction of Wallet Connect is the first in a string of new upgrades and releases that will move the RRCC ecosystem to Multi-Chain and Omni-Chain capabilities, echoing in…