Author: 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.
Following the SEC victory, the XRP price saw a huge increase. This increase is not limited to price alone, but also affects liquidity. At this point, XRP is experiencing a significant moment not only in terms of price growth but also in terms of increased liquidity on US exchanges. The increase in liquidity on US exchanges is seen as a positive development for XRP whales who want to trade large amounts at stable prices in the US. In other words, with the increase in liquidity on exchanges, altcoin whales can buy and sell at stable XRP prices. According to CCData,…
Power Browser has announced an exciting new partnership with Star Protocol. It is a significant step forward in the world of blockchain technology. This collaboration aims to integrate advanced domain services across multiple blockchains. In addition to this, this collaboration will bring new capabilities to Power Browser users. 🔥 𝐏𝐨𝐰𝐞𝐫 𝐁𝐫𝐨𝐰𝐬𝐞𝐫 𝐗 𝐒𝐭𝐚𝐫 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 🔥Exciting announcement! Power Browser has entered into a #partnership with @StarProtocol_HQ⚡️👉 𝐒𝐭𝐚𝐫 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 is the world’s first all-chain domain service, enabling seamless domain transfers and… pic.twitter.com/6W8vPI2qBg — Power Browser | Power Points is live 💰 (@PowerBrowser) August 8, 2024 Star Protocol Becomes World’s First All-Chain Domain…
Bitcoin (BTC) retail on-chain accounts are demonstrating interest in buying the orange coin at current prices. The metric has been surging during the last few weeks and has already added 7%, which can be treated as positive signal, the analyst says. Bitcoin (BTC) retail investors’ demand surging as price tumbles Amid the prolonged decline of the Bitcoin (BTC) price, interest in buying from accounts with up to $10,000 is surging, says macro analyst Axel Adler. This metric, which is a crucial one for BTC price prediction, has already added 7% compared to the local bottom reached in May. As Bitcoin…
Around $40 million exited the Grayscale Ethereum Trust, now trading as an exchange-traded fund (ETF) on August 6, according to data from Farside Investors. This marks the lowest daily outflow since its conversion from a trust last month. US spot Ethereum ETF saw positive flows on August 6 The daily pace of outflows from the fund, operating under the ETHE ticker, hit a peak of $484 million on its debut date. ETHE outflows topped $1.5 billion after the first week of trading. However, the pace of exits has cooled since the start of this week. On Monday, ETHE reported over…
The Cardano network is about to welcome its most significant upgrade in history, and various stakeholders are showing readiness. Remarkably, Bitfinex has emerged as the first crypto exchange to signal readiness for the Cardano Chang hard fork. First Exchange Ready for Cardano Technical Upgrade Data from a dedicated tracking site reveals that out of over 55 centralized exchanges being monitored, Bitfinex is the only entity prepared for the Cardano network upgrade. Cardano Chang hard fork readiness for Bitfinex On the other hand, 11 exchanges are currently in the process of supporting the Cardano blockchain upgrade, while 43 have yet to…
IoTeX and TONX have announced a strategic partnership at The Open Summit in Taipei. The collaboration will integrate IoTeX’s modular capabilities with Telegram applications, aiming to bolster The Open Network’s (TON) blockchain infrastructure and potentially onboarding Telegram’s vast 950 million user base into the burgeoning DePIN (Decentralized Physical Infrastructure Networks) sector. “This integration positions TONX as a bridge to Telegram’s extensive user base, while IoTeX provides the underlying modular DePIN infrastructure. It will transform various industries by leveraging the unique strengths of TONX’s platform layer and IoTeX’s DePIN technology,” TONX stated. Since the beginning of the year, TON has successfully…
Despite prevailing bearish sentiments surrounding Bitcoin (BTC), a trading expert has noted that there remains a chance for the asset to rally in the short term. In an insightful analysis shared on June 21 on TradingView, Alan Santana examined the Bitcoin monthly chart, revealing mixed signals for investors. Despite previous bullish trends, recent movements have shown concerning signs. Last month, Bitcoin’s price closed below the peak of November 2021, suggesting a struggle to surpass previous highs. The expert noted that this month started bullishly, evident from the long upper shadow on the session, but it has turned bearish in the…
Crypto Analyst Benjamin Cowen Says Massive Ethereum Breakdown Looking More Believable Following ETH Correction
An analyst who accurately called the most recent crypto correction is issuing a dire warning to Ethereum (ETH) holders. Crypto strategist Benjamin Cowen tells his 845,000 followers on the social media platform X that Ethereum looks poised to repeat its massive corrections witnessed during the 2016 and 2019 market cycles. According to Cowen, a similar script appears to be playing out after Ethereum recently collapsed against Bitcoin (ETH/BTC). “This idea for ETH/USD is starting to look more believable.” Source: Benjamin Cowen/X In May of this year, Cowen predicted that ETH would lose 70% of its value and plunge close to…
The price of popular cryptocurrency XRP is on the rise today, a surprising development given that much of the rest of the market has plunged into the red. Since the start of the new trading session, XRP has added more than 1.3% to its price, bringing its rate to $0.46. This advanced price performance has sparked speculation about potential factors driving upward movement. One possible reason could be expectations or insider knowledge about the imminent outcome of the SEC case against Ripple. Notably, the parties involved are currently deciding the final issue of the amount of remedies. Supporting this theory…
RedStone has recently announced a strategic collaboration with Monad, an exclusive L1 blockchain that offers ultra-high-performance consensus and execution. The partnership between RedStone and Monad focuses on supporting the Monad testnet with the provision of pull and push data distribution models on the mainnet. The platform took to its official social media account to provide insights into this initiative. Gminers 🤝 GmonadRedStone is proud to announce its support for @monad_xyz testnet. Both models, Push and Pull will be available from day 1 on the mainnet.Fast integration is a prime example of the flexibility our modular design allows.Learn more below 👇…