Author: NBTC

With a boom in the crypto market, Bitcoin is approaching the $66K barrier, presenting a potential breakout opportunity. Will this breakout lead to a new all-time high? The ongoing bull cycle has contributed to a 21.41% increase in BTC price, rising from $53,731 over the past three weeks and surpassing $65,500. Currently, Bitcoin is trading at $65,540, reflecting an intraday gain of 0.56% following a 3.21% jump yesterday. Amid the recovering market, will the Bitcoin bull run continue to gain momentum and reach a new all-time high? Bitcoin Price Analysis According to Fibonacci retracement levels, Bitcoin’s uptrend has surpassed the…

A new leveraged MicroStrategy ETF is firing on all cylinders as its assets jump and its stock soars to a record high. The T-REX 2X Long MSTR Daily Target ETF has added over $82 million in assets just a week after its launch. According to Eric Balchunas, Bloomberg’s head of ETFs, these inflows place it in the top twenty of all 515 funds launched this year. The fund, whose ticker is MSTU, has outperformed the Defiance Daily Target 1.75X Long MSTR ETF, which launched in August. This is wild, the 2x $MSTR ETF was launched a week ago and already…

The official X account of Ripple cryptocurrency giant has published a short video that is part of the “Crypto In One Minute” series. The company’s president Monica Long took part in it, explaining to the crypto community what stablecoins are. This video was released after Ripple had announced the beginning of closed beta testing for its stablecoin Ripple USD (RLUSD). Ripple begins to test RLUSD While talking about stablecoins, the Ripple president described them as tokens on a blockchain that represent some kind of real-world currency, and there is a one-to-one peg between a stablecoin and the currency that backs…

South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. 25 press release. The regulator said the companies violated the country’s Personal Information Protection Act (PIPA) by not disclosing the purpose of collecting iris data. According to the decision, Worldcoin is required to pay a fine of around $550,000 (KRW 725 million), while TFH owes around $287,000 (KRW 379 million). The PIPC also issued corrective orders and improvement recommendations to the two firms. Worldcoin Foundation…

ZNS Connect has recently announced an exclusive collaboration with Athene Network. According to ZNS Connect, the platform is joining forces with Athene Network to advance Web3 infrastructure as well as expand the decentralized technology’s utility across diverse platforms. The platform took to social media to provide the details of the respective endeavor. ZNS is now the official name service provider on the Athene Network! 🔥Get ready to elevate your Web3 experience with some $Athene magic! ✨About Athene Network: Athene is built on Ethereum and powered by a thriving community of over 13 million users, with 5 million+ daily… pic.twitter.com/SVAPHyoZd3 —…

Samson Mow, an eager Bitcoin supporter and the chief executive officer at JAN3, responded to a bullish BTC tweet published by his former boss, BlockStream CEO Adam Back. “Uptober” coming to cryptocurrency market Back, whose company created the Bitcoin Lightning network for micropayments, tweeted today that he was getting ready for the approaching month of “Uptober.” Historically, every October, financial and cryptocurrency markets skyrocket, seeing prices go through the roof. Thus, Back made an ultra-bullish Bitcoin prediction for the approaching month. We’re ready. Send it. 🫡🚀pic.twitter.com/L4GC2YgUJg https://t.co/hgXOgeJyaz — Samson Mow (@Excellion) September 27, 2024 Earlier this year, in one of…

Bolivia saw a 100% increase in trading volumes of virtual assets between July and September. The increased volume comes after Banco Central de Bolivia lifted a long ban on Bitcoin. Bolivia’s central bank lifted the ban in June this year. Bolivia has reportedly recorded a 100% surge in virtual asset trading, a few months after the country lifted its ban of Bitcoin. In the announcement made on Sept. 26, BCB said average monthly virtual volumes across digital asset trading had doubled in the period between July and September 2024. Virtual asset trading volume surge in last three months According to…

Toncoin, the native coin of The Open Network (TON) and the Telegram ecosystem, is performing better than several of its counterparts. The coin has outshone Bitcoin (BTC), Ripple-associated XRP and Dogecoin (DOGE). Toncoin outsmarts Bitcoin in recovery phase A few days ago, the crypto market experienced a significant plunge, with the price of leading digital assets like Bitcoin testing the waters below $50,000. Since then, Bitcoin has recovered a significant portion of its market value, but it is currently not performing as high as TON. Based on data from CoinMarketCap, BTC is currently trading at $60,789.63, corresponding to a 0.32%…

Patrick Hansen, Circle’s European strategy director, predicted major leaps in the EU’s crypto and stablecoin market by late 2025. At the European Blockchain Convention in Barcelona, Hansen shared expectations of advancements in the crypto market structure across the European Union. The bloc’s Markets in Crypto-Assets Regulation, known as Markets in Crypto-Assets Regulation, would be the primary catalyst for this growth, said Hansen during a panel titled “What is Going on Behind the Scenes – Post MiCA?” MiCA signaled a shift in the EU’s crypto regulatory strategy, providing comprehensive guidelines for governments, institutions, and investors regarding digital assets. Indeed, MiCA outlined…

Captain Tsubasa: Rivals is a hot new tap-to-earn game on Telegram, and with the license of a major soccer-themed anime brand behind it, a ton of players have signed up to play already. With some kind of TON-based airdrop coming in the future, the race is once again on to collect as much in-game currency as you can to boost any potential future payouts. Of course, you can tap to earn balls (aka coins or points in other tap games), but like most of these games, the real way to increase your ball count is to buy upgrades, take part…