Author: NBTC

Shiba Inu’s social media marketing lead, Lucie, has published a tweet, in which she responded to haters who have been spreading hate and FUD against the main coins of the Shiba Inu ecosystem, the so-called Shibarium trifecta – SHIB, BONE, and LEASH. Lucie’s warning to Shibarium token haters Lucie, who prefers not to reveal her last name to maintain personal privacy, warned all crypto users who are attacking the Shibarium trifecta with FUD and hate. She reminded the community and those ill-doers that SHIB, BONE and LEASH were on the list of the top 500 coins over the past week.…

Bitcoin (BTC) mining profitability experienced a slight decline in July compared to the previous month, according to a recent report from investment bank Jefferies. The analysis points to a drop in Bitcoin’s price as the primary factor impacting miners’ margins. As a result, the institution decided to lower the target price for the largest Bitcoin miner on Wall Street, Marathon Digital Holdings (Nasdaq: MARA), by over 20%. The cryptocurrency’s value fell by over 6% in July, while the network’s hashrate – a measure of computational power dedicated to mining – remained relatively stable. This combination of factors put pressure on…

Amid the dramatic crash of cryptocurrency markets caused by the start of Mt. Gox compensation payouts, the largest meme coins look strong. Out of the three best performing cryptos in the top 100, two assets belong to the meme cryptocurrencies category. Dogwifhat (WIF), Bonk (BONK) amid best performers as crypto collapses In the last 24 hours, amid painful collapse on cryptocurrency markets, Bonk (BONK), one of the biggest multi-chain meme coins, managed to gain more than 7.5%. BONK capitalization is one step from reaching the major $1.5 billion level, CoinGecko data says. Its competitor, Dogwifhat (WIF), the most popular meme…

Bitcoin (BTC) and the S&P 500 (SPX) have often shown a correlation, particularly during key economic events, such as Federal Reserve rate cuts. This relationship tends to become more pronounced when central banks shift monetary policies. However, Bitcoin’s behavior has sometimes diverged from the traditional markets, especially during periods of rate adjustments. The current situation in 2024 suggests that this divergence may be occurring once again, echoing patterns seen in the past. Historical Divergence Between BTC and SPX In 2019, during a period of Federal Reserve rate cuts, Bitcoin broke away from its previous correlation with the S&P 500. While…

Bitcoin and altcoins are having a bad time. While the sales of giant governments, the sales pressure from Mt.Gox refunds and the outflows in spot Bitcoin ETFs were effective in this, the current market evaluation came from Santiment analysts. Accordingly, Santiment said that fear and suspicion (FUD) prevailed on social media at a historical level, and stated that there were more selling statements for cryptocurrencies on social media than buying. Pointing out that this situation is rare, Santiment said that it offers a buying opportunity for brave investors in the face of FUD, which increases with the anger and disappointment…

Bitcoin has been trying to cross the $70,000 mark in order to create a new ATH. Since BTC marked $73,000 as the all-time high of this season, the market has been waiting for another one. However, various factors that include market and non market elements have been preventing it from happening. These reasons include Mt. Gox repayment, German government selling off seized 50k Bitcoin, political uncertainty in the U.S., multiple hacks. Now that all these things have been in the past, why is btc still not rising to $100k? Let’s explore the reasons. Bearish Chart Indications At the time of…

Acting before the US SEC regarding spot Ethereum ETFs, Hong Kong is preparing to add the staking feature to Ethereum ETFs. Speaking to DL News, Vivien Wong, partner at ETF issuer HashKey Capital, announced that the staking feature in ETH ETFs will be launched in Hong Kong soon. “As soon as spot Ethereum ETFs were approved in the US, people ran to us asking, ‘Are you planning to launch an ETH staking product?’ they asked. Wong stated that he conveyed the demand of the market and investors for staking products to the Hong Kong Securities and Futures Commission and stated…

U.S. Senator Ted Cruz, a known advocate for cryptocurrency, has significantly increased his investment in Bitcoin (BTC). In a recent official financial disclosure as a U.S. Senator on August 13, Cruz revealed that he has expanded his Bitcoin holdings now ‘hodling’ up to $100,000 worth of the digital asset. Cruz’s involvement in Bitcoin began on January 25, 2022, when he purchased up between $15,001 and $50,000, with BTC valued at approximately $39,000 per coin at the time. Ted Cruz and his support for Bitcoin This move aligns with his vocal support for Bitcoin, which he has highlighted as a potential…

Input Output Global (IOG) publishes its latest weekly development update, highlighting impressive performance from Cardano and progress made by the different teams within the ecosystem. According to the latest report, Cardano witnessed significant growth across different metrics, including total transactions, native tokens, and token policies. Every Friday, we publish our weekly #Cardano development update. So for the lowdown on what IOG’s dev team has been working on last week, head on over and take a look👇https://t.co/ep0CGSPm1p — Input Output (@InputOutputHK) July 5, 2024 Cardano Witness Growth in Network Activity Cardano now boasts a total transaction of 93.3M, up 0.43% from…

Amid Bitcoin’s (BTC) ongoing consolidation just below the $60,000 mark, technical analysis and historical price movement hint at an imminent high for the cryptocurrency. Notably, Bitcoin’s ‘blue year’ structure guides the timing of the upcoming peak, suggesting that history might already have offered clues for the next peak. In this line, according to crypto analyst CryptoCon in an X post on August 15, the ‘blue year’ refers to a specific year within Bitcoin’s four-year halving cycle, characterized by a repeating pattern of price movements. Each ‘blue year’ has typically seen two significant highs and two periods of sideways price action.…