Author: NBTC

Bitcoin faces strong resistance at $67.5K, a key level that has seen high-volume trading activity. Potential Breakout: If Bitcoin surpasses $69.5K, minimal resistance exists above, suggesting a potential sharp price increase. Market Sentiment: External factors like the U.S. elections could heavily influence Bitcoin’s next move, adding to market uncertainty. Bitcoin’s current market trend positions the cryptocurrency in a crucial trading zone it takes to fight against the $67.5K high-volume node. This level has recorded the highest turnover in the recent past, a strong signal that there is interest and activities are taking place at this price level. The cryptocurrency investors…

According to event reports, Yat Siu will attend the Global Blockchain Show in Dubai on December 12th and 13th. Yat has been passionate about tech and finance from the start and strongly believes that the future of the Internet lies in decentralization. Yat Siu highlights crypto’s major advancements Yat Siu’s stance on the shift toward decentralization is shaped by Animoca’s involvement in Web3 and everything that encompasses the ecosystem. With Animoca, Yat has been behind games, including The Sandbox, Crazy Kings, and Crazy Defense Heroes. Currently, in a podcast focusing on the Global Blockchain Show, Yat dives into his love…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US stocks were once again on the rise Monday, recovering some of the losses posted late last week. Crypto assets — mostly insulated from the selloff — were largely maintaining their post-election rally. Let’s start with what caused last week’s dip in equities. In my view, it was a bit of a perfect storm. The GOP sweep, as expected, sent share prices higher. When Trump won in 2016, the S&P 500 gained about 6% between election night and Inauguration Day, a slightly bigger bump than the…

Argentina has become the country where World, the biometric ID project, is most popular, with over 2.2 million registered users despite backlash from authorities. The company plans to expand its footprint in the country by implementing home-based iris scanning options next year. Argentina Becomes World’s No. 1 Nation Amidst Criticism World, the proof of personhood project, is enjoying a popularity surge in Argentina, where citizens see its offering as compelling. According to the organization, out of more than 7 million users registered, over 2.2 million are Argentine citizens who are enticed to register their personal biometric information by the bounty…

After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of a string of spot Bitcoin (BTC) exchange-traded funds (ETFs). Investors seeking to gain exposure to BTC without engaging directly with the world of digital assets were suddenly flooded with options, with each major issuer attempting to entice traders with competitive fee structures. The approach has so far proven successful, with $188 million flooding into BTC ETFs on Thursday, October 24 alone. Though any of the available…

Key Takeaways ai16z and Ryze Labs launch AICombinator with $5M funding to support developers creating AI-crypto projects, leveraging the Eliza framework. ai16z is the first venture capital firm run by AI agents, revolutionizing decision-making through platforms like daos.fun. ai16z and Ryze Labs announced the launch of their AICombinator program with a $5 million fund to support developers building at the intersection of AI and crypto. The program offers project founders early access to ai16z’s Eliza framework, a tool for building interactive AI characters that integrate with Discord and Twitter, commonly used for developing crypto AI agents. ai16z, the first venture…

Stader ($SD) increased by a significant 47.8% and emerged as today’s leader among the gainers. It is priced at $0.46 and has a market capitalization of $20.7 million. The token shows a positive trend on major active exchanges, including Coinbase, which shows greater investor demand. DAILY GAINERS$SD +47.8% $BZZ +26.7% $NEST +17.1% $BTRST +10.3% $PROS +10.1% $FLIP +7.7% $SAFE +7.4% $ZKL +7.1% $PORTO +6.3% $RDNT +5.1%#dailygainers pic.twitter.com/T9ihqQarUn — PHOENIX – Crypto News & Analytics (@pnxgrp) November 3, 2024 Stader’s significant daily growth reinforces its position as a noteworthy token in today’s trading landscape. Phoenix, a crypto analytical platform, shared the…

Major cryptocurrency analyst and trader Michael van de Poppe has taken to the X social media platform (formerly known as Twitter) to share an ultra-bullish Bitcoin price prediction. He named the main reason why he believes Bitcoin is on the verge of breaking out in a big way. “Bitcoin to $300-$500,000” The analyst expects that the world’s flagship cryptocurrency, Bitcoin, is ultimately going to reach a jaw-dropping all-time high of $300,000 and then is likely to keep soaring until it trades at $500,000. The main driver for this inevitable price surge, according to Poppe, is the Bitcoin halving. The fourth…

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine Argentine President Javier Milei’s recent statements about maintaining a separation between crypto and the state and how this reveals a pivotal problem with the expected rise of nation-state crypto adoption. Latam Insights Encore: Milei’s Crypto Independence Call Reveals an Adoption Dilemma The recent election of pro-crypto President Donald Trump and the expectation of unprecedented adoption of bitcoin by the U.S. are raising concerns among traditional crypto advocates. While these developments validate the criticisms they have…

Trump-based politiFi tokens rallied ahead of the United States election with some posting gains over 120% in the past 24 hours. MAGA Hat (MAGA), MAGA (TRUMP), Doland Tremp (TREMP), Super Trump (STRUMP), TrumpCoin (DJT) and other meme coins themed around former U.S. president Donald Trump saw significant gains as the overall market cap of PolitFi coins rose 5.4% bringing it to over $685 million in valuation. Meanwhile, Kamabla (KAMABLA) was the only meme coin spun around Vice President Kamala Harris to see a positive day. KAMABLA surged 32.7% over the past day with an intra-day high and low of $0.00078…