Author: NBTC

Orlando Bravo, founder of private equity giant Thoma Bravo, has vowed to stay away from cryptocurrency investments following the firm’s ill-fated investment in the now-bankrupt FTX exchange. A little over three years ago, Bravo introduced FTX as “the world’s most advanced, sophisticated cryptocurrency exchange” and invested $900 million, valuing the company at $18 billion. In a recent interview with CNBC’s Squawk on the Street, Bravo discussed the collapse of FTX, which went bankrupt in late 2022, and the fraud case against its founder, Sam Bankman-Fried, who is now serving a 25-year prison sentence. Bravo stated that he and his company…

Crypto trader Kevin Svenson believes Bitcoin (BTC) is headed close to $100,000 following this week’s marketwide tumble. Svenson tells his 79,000 YouTube subscribers that Bitcoin has formed a bullish divergence pattern on the daily chart. A bullish divergence occurs when the price of an asset is trading down or sideways while an oscillator such as the momentum indicator relative strength index (RSI) is in an uptrend. The signal suggests that bullish momentum is on the up and up. Says Svenson, “We got actually a slightly higher low in the RSI – you could also call it flat support, horizontal support.…

Last week, Ethereum exhibited a significant bearish signal as the price completed a pullback to the lower boundary of a multi-month wedge. The 100-day moving average also crossed below the 200-day moving average, forming the well-known “Death Cross.” This development has heightened expectations toward continuing the bearish trend toward the $2.1K threshold. Technical Analysis By Shayan The Daily Chart Ethereum has exhibited a pronounced bearish trend over the past few weeks, stirring fear and uncertainty among market participants. The price has completed a pullback to the lower boundary of a multi-month wedge, initiating a significant decline. This bearish momentum is…

Crypto whales are honing in on these five altcoins, each with the potential to surge exponentially. From Aptos’s innovative blockchain to JasmyCoin’s data sovereignty, these tokens are poised for explosive growth. Aptos (APT) Garners Whale Interest Current price:$6.77 Market cap:$3.2B Aptos (APT) has attracted the attention of leading crypto investors and is synchronized with other altcoins that may experience an increase in value. Aptos is a layer-1 protocol built on the blockchain and governed by the APT token, which is intended to improve security in addition to performance used in smart contracts. As Aptos aims to enhance the user experience…

Coinbase chief financial officer Alesia Haas announced today that US Vice President and Democratic presidential candidate Kamala Harris is using the company’s Commerce platform to accept crypto donations for her campaign. The disclosure came during a discussion with Citigroup’s payments director Peter Christiansen at the 2024 Global TMT Conference in New York, according to a recording reviewed by Fortune. The announcement follows reports in August that Coinbase was in talks with the Harris campaign, though Harris’ team has yet to respond to requests for comment, leaving questions about the scope of the collaboration. Historically, the Democratic Party under President Joe…

According to a Thursday announcement, Pepe (PEPE) and dogwifhat (WIF) are now available for trading on Kraken Pro in Canada. Kraken initially listed WIF back in February. As for PEPE, the upstart meme cryptocurrency landed on the exchange last May. In August, Kraken added WIF and PEPE as new collateral for futures alongside some other products. Last year, Kraken managed to expand its market share in Canada after Binance’s departure. One of the oldest cryptocurrency exchanges experienced a sharp rise in deposits. Kraken first started operating in Canada more than a decade ago. It offers various CAD sport pairs. The…

Samson Mow, vocal Bitcoin supporter and chief executive at JAN3, a company that helps nation-states to adopt BTC, has addressed the cryptocurrency community about the issue of secure BTC storage. Even cold Bitcoin storage can be “not cold enough,” he believes. JAN3 boss’s Bitcoin storage warning Samson Mow believes that it is vitally important to make sure a Bitcoin holder cannot easily access his BTC stored in a cold wallet. Therefore, according to his tweet, it is crucial that private keys to a Bitcoin wallet are not stored at home. Mow published a video, in which three thieves are pushing…

Blockchain reporter Martin Hiesboeck recently shared a study that raised concerns about Ethereum’s decentralization. The report investigates the reasons behind this trend and examines the security implications for MEV-Boost auctions. The study’s findings reveal that a mere three builders now create over 90% of Ethereum’s blocks. This indicates a high degree of centralization in block production on a blockchain often lauded for its security and decentralized nature. Ethereum introduced a builder market mechanism through MEV-Boost auctions to address centralization issues caused by Maximal Extractable Value (MEV). However, two years after its implementation, this market has become significantly centralized. Moreover, the…

Telegram Wallet has announced in a recent post that the TON network is now up and running after the second outage that caused TON blockchain transactions to be paused. TON network is seemingly under stress due to the overwhelming stress from DOGS transactions. The network stopped processing transactions for almost four hours yesterday. Exchanges like Bybit even suspended deposits and withdrawals via the TON network because of this. The TON Foundation dev tweeted that the outage was caused by network overload due to DOGS transactions. Following the first outage, the network faced a second outage a few hours ago. Telegram…

Polygon’s migration from MATIC to POL is a cornerstone event in the Polygon 2.0 roadmap. The upgrade aims to enhance network functionality and flexibility. But as a MATIC holder, what do you need to do? In this guide, you will learn how to transfer MATIC to POL, whether your tokens are on the Polygon PoS, Ethereum, or the zkEVM network. How to transfer MATIC to POL Transferring or upgrading MATIC to POL varies depending on which network your tokens are held. Here’s a quick breakdown: On Polygon PoS: The transfer happens automatically, and your MATIC will be upgraded to POL…