Author: NBTC

Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April. In a CNBC interview published Friday, Thiel highlighted the disparity in access to capital and equipment financing between smaller and larger miners in the current mining market cycle. He noted that while larger miners have had the opportunity to raise capital, smaller miners have faced challenges in scaling due to limited access to financing options. “Post halving I think you’ll see the smaller miners come under financial stress, which will enable the bigger miners to consolidate the industry,” he said.…

Quick Take Historical data, as shared by Thomas Fahrer, co-founder of Apollo Sats, illustrates that a future rise of Bitcoin to $1 million would not rank within the digital assets top three bull runs. Data by Fahrer shows that between July 2010 and Jan. 2011, Bitcoin’s price catapulted from $0.05 to $24, a 480-fold increase. Later, from October 2011 to November 2013, Bitcoin rose from $2 to $1,100, a 550-fold surge. Yet another bull run occurred from January 2015 to December 2017, with Bitcoin growing over 122 times, from $160 to $19,500. The most recent bull run from March 2020…

Market Watcher Captain Faibik has argued that Ethereum (ETH) could be on a path to reclaim the lost $4,000 price amid a potential regulatory hurdle. In a recent analysis of ETH’s trajectory on X, Faibik disclosed that the $4,000 target has become evident. The analyst reached this conclusion after observing ETH’s established candlestick patterns in the four-hour timeframe. Specifically, he observed a bullish breakout through a descending wedge pattern, a known technical formation that marks the end of an asset’s consolidation phase. Accordingly, the analyst declared that the $4,000 threshold for Ethereum is on the horizon. $ETH #Ethereum Descending Broadening…

Chainlink Journal predicts Chainlink’s revolutionary potential, attracting BlackRock’s interest. Insights highlight Chainlink’s evolution since 2017 and its transformative trajectory. Chainlink Journal emphasizes Chainlink’s undervaluation and unprecedented investment opportunity. In a recent update from Chainlink Journal, an official Chainlink News channel, insights are shared regarding BlackRock’s interest in Chainlink. According to the channel, Chainlink is deemed the most undervalued asset in the market. BlackRock is buying #Chainlink for a reason. Chainlink is the most undervalued asset on the board and it will literally revolutionise the way humans communicate, verify and transact. Chainlink is going to two hundred dollars very soon and…

Bitcoin continues to soar, and has flitted just 11% away from touching its all-time high of $69,044. It certainly feels like a bull run—but how long will that feeling last? To be sure, crypto Twitter has opinions. This cycle will be shorter than previously, the chattering class opines, but experts are torn. The biggest digital coin by market cap is now trading for $61,323, having risen by 43% over the past month, as it stood at $42,172 at the start of February, according to CoinGecko. It’s now hitting highs not reached since 2021. “I think most are surprised at how…

How are Monero (XMR), Radix (XRD), and SingularityNET (AGIX) performing in the crypto market? Below is an overview of their prices and the latest news involving them. Monero (XMR) shows resilience after being delisted from Binance Radix Network presents Project Ignition to strengthen DeFi liquidity AGIX: prices compared to Monero and Radix Monero (XMR) shows resilience after being delisted from Binance Monero (XMR) has shown resilience in prices and network despite its delisting from Binance on February 20th. The main privacy cryptocurrency has recovered the $150 zone and has set a new record with over 100,000 daily transactions. On March…

Caitlin Long, CEO of digital asset custody firm Custodia Bank, recently attributed the latest Bitcoin (BTC) uptrend to dried-up supply on OTC desks. Over-the-Counter (OTC) desks facilitate the trading of financial instruments between two parties without a centralized exchange. In crypto, OTC desks are commonly used for large trades, providing more privacy and tailored execution for institutional or high-net-worth investors. Due to their prominence among institutional traders, trading activity on OTC desks is capable of influencing an asset’s price movements a great deal. Caitlin Long revealed that Bitcoin’s recent price uptick could have been triggered by increased demand amid a…

Tether (USDT), the crypto ecosystem’s dominant stablecoin, has added over $5.25 billion to its market capitalization since the start of March. This boom in stablecoin funding is a good omen for overall market liquidity as it generally provides a baseline that can help meet Bitcoin (BTC) and other altcoins’ demands. For proper reference, the combined spot Bitcoin Exchange Traded Fund (ETF) market, despite its massive growth thus far this month, has only managed to add less than $4 billion in netflow. That USDT liquidity is higher than the ETF’s asset under management (AUM) growth means there is enough stablecoin to…

I wanted to share some thoughts on a seemingly overlooked innovation that has come to Bitcoin within the last year, called Bitpacs. Bitpac stands for a Bitcoin Based Publicly Auditable Cooperative. Bitpacs are essentially normal bitcoin multisig wallets with the additional introduction of public auditability. Traditionally in a multisig setup, participants of the multisig are not disclosed. In a Bitpac multisig, participants are intentionally made public, which allows for transparent auditability. With this transparency, unique features, tooling, rules, and transaction crafting is possible. The goal of Bitpacs is to emulate the familiar DAO experience on other chains. DAO’s are marketed…

The two companies will establish a DePIN alliance in south-east Asia. AIOZ’s native token is currently trading flat after the announcement, it is up by more than 200% in 30 days. AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services. Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator initiative, according to a blog post. AIOZ’s native token (AIOZ) is currently trading at 90 cents, having remained stable after the blog post was published. It is up by more than 200% in the past 30 days,…