Author: NBTC

Bitcoin (BTC) has commenced March on a high note, establishing its price above the $60,000 support zone and achieving the highest monthly close since October 2021, moments before it reached an all-time high. Indeed, the current positive momentum is supported by several bullish elements, including the upcoming halving and the ongoing performance of exchange-traded funds (ETF). In line with this, a significant market consensus suggests that the rally will likely continue its upward trend. Commenting on what to expect from Bitcoin, crypto trading expert Trading Shot, in a TradingView post on March 2, highlighted that, based on technical indicators and…

Ethereum Classic’s robust technology and loyal community support forecast its surge past $200 by 2025. Market volatility positions ETC as a potential investment gem, with predictions of exceeding $120 by 2024. ETC’s strategic advancements in blockchain security and functionality hint at a stable growth trajectory towards $200.76. Ethereum Classic (ETC) emerges as a beacon of resilience and potential, with expert analyses predicting a significant rise in its value. As we move towards 2024, the anticipation builds around ETC’s potential to not only reach but exceed the $89.37 mark, setting the stage for an unprecedented surge to $120.55 by year-end. This…

The well-known stablecoin issuer Circle has recently announced a significant development. As per the company, it is broadening support for its native USDC stablecoin on the Polygon PoS Amoy testnet while aiming at facilitating the developers. As a result of this development, the developers working with the services and protocols of USDC will get substantial assistance. 1/ We’re expanding support for $USDC on @0xPolygon PoS Amoy testnet to better serve developers building with @Circle’s stablecoin protocols and platform services.See our planned rollout for March 27 – April 30, 2024 👇https://t.co/wAJvGKyNYx — Circle Developers (@BuildOnCircle) March 22, 2024 Circle to Increase…

Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana blockchain, are part of the DePIN project, which aims to connect the unconnected by the end of the year. Only 30 million individuals in India, a country of more than 1.4 billion, have access to WiFi, while a large portion of the population remains detached from the internet. The company’s strategy focuses on decentralization to combat the limited reach of India’s major telecom corporations, which primarily serve urban areas. Karam…

Macro investor and fund manager Dan Tapiero says he’s analyzing the historical accuracy of a predictive model that suggests Bitcoin (BTC) will reach $900,000 this cycle. The CEO of investment firm 10T Holdings tells his 113,000 followers on the social media platform X that on-chain analyst PlanB’s stock-to-flow (S2F) model seems to be a reliable price gauge for Bitcoin. S2F aims to forecast the longer-term market cycles based on BTC’s halvings when miners’ rewards are cut in half. Says Tapiero, “Seems impossible, but the vertical spikes up in the S2F model in 2013, 2016, 2020 were all confirmed by price…

As the majority of the cryptocurrency market resumes its upward move, Ethereum (ETH) is among the assets leading the charge, and artificial intelligence (AI) platforms see more bullishness and advances for the largest altcoin by market capitalization in 2024. Indeed, Ethereum has skyrocketed almost 10% in the last 24 hours, as it moved to recover from the recent hiccup that saw it accumulate a decline of over 11% on its weekly chart, and advanced AI forecasting algorithms predict further improvement by the year’s end. Ethereum price prediction 2024 Specifically, one of these AI algorithms, which relies on historical ETH trends,…

DWF Labs, a well-known market maker in the cryptocurrency market, has reportedly deposited all BEAM altcoins to Binance. DWF Labs moved all of its assets worth 130.8 million BEAM ($4.31 million) to the stock market at $0.03296. Interestingly, just a week ago, on March 15, 2024, DWF Labs had withdrawn these BEAM tokens from Binance at an average price of $0.03631 ($4.75 million). If the firm’s transfer transactions were indeed trades, the company would suffer an estimated loss of $439,000, a decline of 9.23%. This marks the first loss for DWF Labs following the market rally in February. In other…

KORUS, an interactive music platform under PIXELYNX, an Animoca Brands subsidiary, has teamed up with Film.io, a decentralized filmmaking ecosystem. This partnership signifies a major advancement in entertainment, using blockchain to empower creators and safeguard their original works.—While KORUS focuses on music creation and collaboration, and Film.io specializes in filmmaking, both platforms share a common goal of supporting creators in meaningful ways within the Web3 community ethos. By coming together, they aim to champion artists’ intellectual property (IP) rights and promote fair compensation, bridging fundamental aspects of the creator economy.Film.io’s innovative platform utilizes blockchain to gamify engagement and revolutionize digital…

Ethereum (ETH) is undergoing a visibly bullish push, a trend that comes as a shock amid an ongoing probe from a state authority that might double as the United States Securities and Exchange Commission (SEC). At the time of writing, CoinMarketCap data shows that Ethereum has jumped by 13.2% in 24 hours to $3,543.54. This move comes barely 24 hours after news broke that the Ethereum Foundation was under inquiry by the unnamed state authority. While this probe has only led to some minor adjustments on the Foundation’s website, another report from Fortune Crypto outlined that the U.S. SEC has…

Amid a wider cryptocurrency market downturn that has seen cryptocurrency prices plunge after Bitcoin ($BTC) hit a new all-time high, the smart contract platform Cardano ($ADA) has been seeing its smart contract development skyrocket. Data from Cardano Blockchain Insights shows a remarkable increase of over 170% in Plutus scripts, the network’s language for building smart contracts, since the beginning of the year. This translates to nearly 500 new smart contracts being added to the Cardano network per day, as CryptoPotato first reported. The total number now sits at an impressive 39,000, with a particular emphasis on the newer Plutus V2…