Author: NBTC

Since the Bitcoin Price crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and on the other extreme end, $1,000,000. Over time, various analysts and pundits have put forward their forecasts, but the most recent of these is from budding economist Alessandro Ottaviani who believes BTC could hit the $1 million mark in the next three years. Bitcoin Price On Its Way To $1 Million Ottaviani starts out his X (formerly Twitter) post by pointing out that the Bitcoin market cap had climbed rapidly following fake news of a Spot…

A crypto wallet owned by the Ethereum founder Vitalik Buterin has seen a series of transactional activities lately, piquing the interest of crypto community members at a time when Ethereum selling pressures are rising.  Following this, Buterin has taken the initiative to address the concerns regarding his recent transfer of digital assets to multiple exchanges.  Ethereum Co-Founder Discloses Truth Behind Multi-Transfers In a recent post on Warp Cast, a decentralized social network, Russian-Canadian computer programmer and founder of Ethereum, Vitalik Buterin publicized the real reason behind the latest ETH transfers made via his wallet address.  Buterin explained to the public…

The Australian authorities is floating a proposal that if carried out would require crypto exchanges to hunt licensing from the nation’s monetary providers and monetary markets regulator to function. Based on the proposal, a digital asset middleman should acquire an Australian monetary providers license granted by the Australian Securities and Investments Fee (ASIC) to “concern and deal in digital asset amenities.” The proposal says that digital asset intermediaries holding property with a worth not exceeding $5 million AUD ($3.18 million) are exempt from the Australian monetary providers license necessities. The proposal additionally ropes in crypto brokers and different sellers within…

Investment management firm Blackrock has reacted to rumors about the approval of its Bitcoin Spot ETF application by the United States Securities and Exchange Commission (SEC) which caused quite a stir among the cryptocurrency community. Blackrock CEO Responds To Claims On Bitcoin Spot ETF On Monday, crypto news outlet CoinTelegraph posted on X (formerly Twitter) that the US Security and Exchange Commission (SEC) had approved a long-anticipated application of Bitcoin Spot ETF, but later retracted the report. However, the post sparked excitement within the crypto community causing the Bitcoin price to rise rapidly. The cryptocurrency’s price surged to almost $30,000…

A Gateway for creators and companies to supply & inventory realistics 3D NFT objects for Metaverse Cyprus-headquartered startup presents a first-ever market, making entry to 3D NFTs and their integration to Metaverse and VR headsets. It’s a very new strategy: by now, there are both marketplaces included into the metaverses or unbiased platforms providing a really small variety of 3D components. This makes the startup a singular and self-sustaining platform, permitting any creator to supply 3D fashions and monetize them.  Creators can add 3D belongings with related data and set their value as NFTs, after which they are going to…

Bitcoin recently experienced a much-awaited 10% surge to hit $30,000 on Monday. The hike emerged amid the increasing whispers surrounding a BTC ETF. This development demonstrated how the ETF can change the crypto industry’s outlook. Most crypto traders were stunned by an erroneous report suggesting that BlackRock was approved to launch its spot ETF. The unverified rumor boosted BTC’s price to $30,000, a feat not achieved since March 2023. BlackRock Inc. is one of the many firms trying to get the US’ first BTC ETF approved. Experts believe that such an approval can bring the crypto market back on track.…

Bitcoin’s price performance last week may have disappointed investors, but there are indications of a growing momentum as the new week started. Bitcoin spiked up in the early hours of Monday to almost $28,000 before facing resistance that sent it back down.  It would seem whales have been making moves to push BTC up, as indicated by the increasing number of whale wallets. New Bitcoin mid-whale addresses, meaning addresses holding between 100-1,000 BTC, saw a huge single-day increase recently, according to data from analytics firm Santiment.  Unprecedented Growth in New Bitcoin Whale Addresses On-chain data have shown, as was previously…

Within the dynamic realm of Web3, Meta-Shelter TextTeo emerges as a groundbreaking dog-friendly membership and charity challenge, seamlessly integrating NFTs, Metaverse, and gaming applied sciences.  Past a mere group, TextTeo is a heat and inclusive haven for canine fanatics with a noble mission at its core: aiding homeless canines in shelters.  It transcends geographical boundaries, bringing collectively a various group of artists, fanatics, and compassionate people keen to debate challenges and options. NFTs Redefined: TextTeo’s Digital Assortment TextTeo isn’t only a group; it’s a vibrant NFT digital assortment that includes 1,500 fascinating photographs. These NFTs open the gateway to unique…

Bloomberg analysts have said that there is a 90% chance for the Spot Bitcoin ETF to receive approval by January 10, 2024. ETF is an acronym for Exchange Traded Fund, and the statement is based on the updates from 21Shares and ARK. Reportedly, it is their application for the same product that is making the rounds among the media community, paving the way for speculation of approval. Assuming Spot Bitcoin ETF does receive approval, it will signal wide recognition from regulatory authorities. Moreover, it will act as a legitimate catalyst for the mass adoption of Bitcoin as an investment product.…

As the cryptocurrency landscape has continued to evolve, Ethereum now stands at a pivotal crossroads, which stands to shape its future in a big way. While ETH’s price and market cap fell by 10% between July and September, the asset still outperformed Bitcoin by 2%.  Moreover, as per Messari’s State of Ethereum in Q3 2023 report, Layer-2 (L2) transactions accounted for two times as many transactions on the mainnet, i.e., nearly 66% of all transactions within the ecosystem. This shift towards L2 solutions has spurred several conversations regarding Ethereum’s scalability, security, and its commitment to decentralization. The ongoing L-2 revolution…