Author: NBTC

On Oct. 23, investors in BlackRock’s IBIT capitalized on Bitcoin’s over 3% decline, contributing $317 million in inflows to the fund as the cryptocurrency tested a critical support level at $65,000. On Oct. 23, Bitcoin faced significant downward pressure, sliding 3.3% to close at $66,649, a sharp contrast to the 0.12% gain in the previous session. Testing buyer demand at $65,000, BTC managed to find support with a session low of $65,161 before climbing back above the $66,000 level. The broader cryptocurrency market mirrored this decline, shedding 1.45% to a total market capitalization of $2.242 trillion. This decline can be…

The recent decline in the ETH/BTC ratio has sparked renewed interest among investors, particularly those in Korea and the U.S., looking to maximize their entry points. With Ethereum’s price stabilizing above $3,000, many see this dip as a strategic opportunity rather than a downturn. According to analysis from COINOTAG, this shift is more than just a fluctuation; it indicates a potential bullish trend emerging in the Ethereum market. Investor interest in Ethereum surges following ETH/BTC’s drop, prompting accumulation as analysts predict a potential bullish trend ahead. What the ETH/BTC pair signals for Ethereum The ETH/BTC pair recently fell to its…

History has shown that great technological shifts create vast wealth. Crypto, the next frontier, is no exception. Decentralized Wealth Will Surpass All Previous Tech Revolutions The first trillionaire will emerge from the crypto world. Like past tech booms created billionaires, crypto will generate wealth on an even larger scale. Blockchain and decentralized finance (defi) are reshaping the economy, with impacts that will surpass any previous tech revolution. A New Kind of Financial Revolution Past technological revolutions created vast wealth and changed economies. The Industrial Revolution made billionaires, while the internet boom of the ’90s enriched tech companies, like Amazon and…

Tether (USDT) is showing signs of shifting to European, Middle Eastern, and African markets, due to regulatory constraints in the United States. USDT remains highly active as its supply grew past $120B. However, the token’s legal status is being questioned again. Tether’s USDT is more widely used in European, Middle Eastern, and African markets, as revealed by on-chain data. The leading stablecoin recently showed it is still making adoption headway in Northern and Eastern Europe, but on-chain activity shows a different regional profile. Tether estimates up to 330M wallets will use USDT globally, with the majority of usage concentrated in…

Trump has selected Musk and Ramaswamy to lead a new administration initiative focused on cutting waste. Palantir’s AI platform could help optimize legislative activities by identifying inefficiencies and saving costs. Shareholders are cautious about Palantir’s role in promoting Musk and Ramaswamy’s efforts for constitutional reform. President-elect Donald Trump has named Elon Musk and Vivek Ramaswamy to lead a forthcoming presidential initiative designed to improve performance. The new division, called “Department of Government Efficiency,” will focus on cutting waste and improving public expenditures. The name “DOGE” is a reference to the dog-themed digital asset that gained popularity thanks to Musk’s promotion.…

Illuvium merges sci-fi gaming with NFT assets, enabling players to collect, trade, and stake Illuvials while influencing game governance via a DAO. Decentraland empowers users to trade, monetize, and create virtual land experiences in a decentralized metaverse driven by player-owned NFTs. The Sandbox lets users buy land, create games, and trade NFTs, offering decentralized creativity and earning potential in a player-driven ecosystem. The captivating world of blockchain gaming and the metaverse, where games like Illuvium, Decentraland, My Neighbor Alice, MetaHero, and The Sandbox redefine digital experiences. However, these platforms empower players with true ownership and creative freedom, From collecting NFT-powered…

A widely followed crypto analyst is warning that Bitcoin (BTC) may be heading lower after tapping the $69,000 level on Sunday. Pseudonymous crypto trader Credible Crypto tells his 431,100 followers on the social media platform X that he is turning short-term bearish on Bitcoin. “I think our top is probably now in on BTC. Here’s what I think makes the most sense on lower timeframes. A bit more chopping about before we are ready to continue down ideally… Going well so far, a bounce from this region would be ideal. Bait in a some final longs before the rug pull.”…

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a phase of neutrality in its market activity. According to a CryptoQuant analyst known as Darkfost, Ethereum’s netflow on Binance has reached a balanced state, with deposits and withdrawals stabilizing. So, what does this mean for ETH? A Signal To Buy Or Sell? According to the analysis shared by Darkfost, this current behavior seen in Ethereum’s netflow on Binance might indicate an “accumulation phase,” where investors refrain from significant transactions as they await a “catalyst” to guide their next moves. The CryptoQuant analyst wrote: Ethereum’s netflow on Binance has…

Koji Higashi, a prominent entrepreneur in the Japanese BTC crypto arena, has said that while many people in Japan believe Bitcoin is not backed by anything of value, the Japanese yen (JPY) is backed by citizens held hostage to the economy. Higashi’s sentiment strikes the root of a bigger, more controversial issue for Bitcoin fans: the political co-opt of cryptocurrencies. Japanese crypto entrepreneur and CEO of the Diamond Hands Lightning Network (LN) solution provider, Koji Higashi, has recently said that the Japanese people are being held as “hostages” to a faltering JPY. Higashi has a rich record of crypto projects…

The enigmatic Shiba Inu lead developer Shytoshi Kusama has taken to his official account on the X social media platform (widely known as Twitter in the past) to deliver a message to the SHIB army. This message mentions “Growvember” which may hint that the SHIB lead expects the ninth month to be bullish not only for the crypto market in general but for Shiba Inu and other Shibarium tokens in particular. He also refuted the rumor about TREAT token being out and trading on ShibaSwap. SHIB lead’s message to SHIB army Shytoshi Kusama published an anime-style animated GIF, adding his…