Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Crypto market enters ‘greed’ zone as Bitcoin hikes further

BitcoinDec 1

The crypto market sentiment is seeing a major shift as leading digital assets continue their bullish momentum. According to data provided by CoinMarketCap, the crypto fear and greed index entered the 60 zone today, signaling slightly greedy market conditions. BTC price and crypto fear and greed index – Oct . 17 | Source: CoinMarketCap This is the first time the crypto market has hit the greed zone in six weeks—last seen on July 31. The major drop happened in early August as the Bitcoin (BTC) price plunged below the $54,000 mark. The recent market-wide rebound came on the back of…

Are Charles Schwab spot crypto ETFs coming?

RegulationDec 1

The conditions Charles Schwab is waiting for before jumping headfirst into crypto could take shape soon, potentially bringing another big fish into the mix in a more substantial way. The company currently allows investors to trade spot bitcoin and ether ETFs on its platform, as well as crypto futures contracts and options on certain BTC funds. “We also would like to directly offer crypto and Schwabize the crypto market, which is to take a lot of the spread and the commissions out of the crypto area to create a better deal for clients,” incoming Schwab CEO Rick Wurster said in…

Pro-XRP Lawyer Says Ripple Could Easily Pay SEC Penalty—Here’s How

LegalDec 1

Ripple’s recent 200M XRP sale could cover its SEC lawsuit penalty threefold. Pro-XRP lawyer claims XRP’s market cap may have already surpassed Solana's. As market tracking platforms underreport XRP’s actual $118B market cap after recent surge. Ripple’s XRP has just flipped Binanace (BNB) to become the 5th largest crypto with its price hitting $1.91 and a market cap close to $109 billion. This surge comes after Ripple’s favorable ruling in its case against the SEC. While Pro-XRP lawyer Bill Morgan recently revealed that Ripple could easily cover its lawsuit penalty. He also pointed out a key market cap discrepancy, claiming…

3 Price Levels to Watch Next

BitcoinDec 1

Finally confirming a significant breakout above $67,000, Bitcoin (BTC) may be about to experience a change in momentum. BTC looks to be gaining significant strength, and traders are beginning to focus on the next important price levels as On-Balance Volume (OBV) confirms the breakout across Binance and other major exchanges. The psychological barrier of $70,000 is the first level you should watch. In the past, sellers have tended to intervene in this area as a point of resistance. Considering the momentum thus far, breaking through this level may set off a rapid upward move that could result in a new…

Ethereum price approaching ‘trouble area’, crash below $3,000 imminent?

EthereumDec 1

Ethereum (ETH) has rallied past the $3,600 resistance for the first time in about five months, but technical indicators suggest a cautious approach for the second-ranked digital asset by market cap. The latest Ethereum upside momentum was partly driven by increased capital flowing into the asset’s exchange-traded fund (ETF), alongside a surge in open interest and futures premium. Now, the Ethereum rally is facing its first major test as the ETH/BTC pair approaches a critical resistance zone dubbed the ‘trouble area’ around 0.04615 BTC, which could act as a strong ceiling, potentially leading to a price rejection, according to an…

Here’s how Elon Musk’s bold bets are reshaping his $300bn empire

RegulationDec 1

Elon Musk’s net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla’s valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023. Amid an array of revenue streams and changing markets, Musk is possibly hinting at early-stage investments. Musk has made early-stage bets Elon Musk has accumulated the most wealth than any individual in history. In the past week, his net worth surpassed $334.3 billion, as per Forbes. Musk has added close to $70 billion to his wealth as he hints…

Will It Trigger a TIA Sell-Off?

AltcoinsDec 1

Celestia will release 176.2 million TIA tokens on October 30th. These tokens are valued at $1.07 billion, representing 80% of the current circulating supply. This event may impact TIA’s market by introducing a large number of tokens. 🌟 $TIA Investor and Team Supply Release on October 30th 🌟 On October 30th, $TIA will release 176.2m tokens valued at $1.07 billion, representing 80% of its circ. supply Here's a breakdown by allocation: • Private Investors (Seed + Series A & B): 117.38M $TIA ($712.5M) •… pic.twitter.com/WtIXl08A6G — Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) October 24, 2024 Private investors will receive 117.38 million TIA…

Ripple CTO Offers Hot Takes on Operation Chokepoint 2.0

LegalDec 1

In a recent X post, David Schwartz, Ripple Labs’ Chief Technology Officer (CTO), delivered a sharp critique of Operation Chokepoint 2.0. He condemned the act as a dangerous abuse of power that undermines due process and constitutional rights. Notably, Operation Chokepoint 2.0 allegedly pressures banks to sever ties with certain businesses operating in the crypto industry. Cutting ties, as hinted, may come without proof of wrongdoing. This approach has sparked intense debates about government overreach and the misuse of indirect regulation. Critics argue it undermines due process and sets a dangerous precedent for targeting lawful activities. Operation Chokepoint 2.0 and…

Bitcoin, Ethereum Price Charts Return to Google Search

BitcoinDec 1

Google has reinstated price charts for Bitcoin and Ethereum in its search results after a brief suspension that left users without immediate access to cryptocurrency price data. The removal, which occurred over the weekend, had sparked discussions and speculations within the crypto community. Previously, when users searched for cryptocurrencies including Bitcoin or Ethereum, Google provided real-time or near-real-time charts displaying the current price directly in the search results. This feature allowed users to quickly check prices without navigating to another platform. However, over the weekend, users noticed that searching for Bitcoin no longer yielded these charts, while searches for stock…

Ethereum (ETH) Reclaims Five Month-High, But There's a Catch

EthereumDec 1

This week remains one of the most volatile for digital currencies, with Ethereum (ETH) prominently featured. Over the past 24 hours, the digital currency soared as high as $3,687, marking a five-month high. The price has since cooled off, but CryptoQuant confirmed that the coin has resumed the second leg of its bull run. Ethereum's quest for ATH At the time of writing, the price of Ethereum has slipped back to $3,620 but with a 5.92% surge in 24 hours. As CryptoQuant Analyst crypto sunmoon pointed out, Ethereum generally hits a higher price mark in subsequent bull cycles than what…