Author: NBTC

Bitcoin (BTC) might benefit from China in a rare move from a market with a deep stake in real estate. While trailing behind the United States in capital for market liquidity, China is still an important region that can influence market recovery. Dan Tapiero sentiment Dan Tapiero, the founder and CEO of 10T Holdings, teased the massive Chinese accumulation that is underway. For a country whose real estate sector was in shambles as of 2020, the government is now considering implementing quantitative easing (QE), a measure that will encourage a firm’s borrowing efforts. While QE is an economic measure that…

Non-fungible tokens (NFTs), once hailed as the future of digital collectibles, experienced a sharp downturn in June. According to the crypto analytics platform Artemis, the NFT sector recorded the worst performance among 21 sectors, with a staggering 51.5% decline. This trend raises concerns about the sustainability of the NFT market. Sales Slump Across Major Blockchains: Can NFTs Bounce Back? The decline is further evidenced by data from CryptoSlam, which shows a 46.03% decrease in NFT sales volume, amounting to $480 million over the past 30 days. Major blockchains like Ethereum, Bitcoin, and Solana saw NFT sales plummet by 38% to…

Key Points: Spot Ethereum ETF approval could take place on July 4, with major firms like BlackRock and Grayscale involved. Spot Bitcoin ETFs launched successfully in January, but Ethereum ETF listings might be delayed until September 2024. Analysts doubt Ethereum ETFs will match Bitcoin ETF success due to smaller market cap and trading volumes. The U.S. Securities and Exchange Commission (SEC) is nearing the approval of exchange-traded funds (ETFs) tied to the spot price of Ethereum, with a potential green light as early as July 4, according to Reuters. Ethereum Spot ETF Approval Day Is Approaching Eight ETF issuers, including…

While EOS is rarely mentioned as a blockchain with a real-world use case, the cryptocurrency has proven to be very useful in the latest extradition of an Uzbek national living in Ukraine: Nikita Sklyuev, also known as Valeriy Dorojkin, was finally extradited this week to face charges related to wire fraud from 2019. According to documents from the 2019 charges, Sklyuev created a fake EOS wallet explorer that was able to access the private keys of a user who held over two million EOS — valued at $11.8 million at the time — and move the crypto onto Binance and…

Bybit, the world’s second-largest web3 platform by trading volume, has marked a significant milestone in its commitment to the Turkish market by rebranding and upgrading Narkasa to Bybit Türkiye. Operated by Narkasa Yazılım Ticaret Anonim Şirketi, a Turkish domiciled entity, Bybit Türkiye (bybit-tr.com) aims to provide a more localized and secure crypto trading experience for users in Turkey. Bybit Türkiye upgrade offers enhanced features for Turkish users On June 25th, Bybit Türkiye introduced a comprehensive suite of new features designed to cater to the needs of Turkish crypto enthusiasts. This upgrade reflects Bybit’s dedication to enhancing the user experience and…

Spot Bitcoin ETFs offset April losses in the first two weeks of May. Eric Balchunas, Senior ETF Analyst for Bloomberg, noted that Bitcoin ETFs have already seen $1.3 billion in inflows in May, offsetting all of the negative inflows in April for a total inflow of $12.3 billion since launch. The bitcoin ETFs have put together a solid two weeks with $1.3b in inflows, which offsets the entirety of the negative flows in April- putting them back around high water mark of +$12.3b net since launch. This key number IMO bc it nets out inflows and outflows (which are normal)…

Ethereum (ETH) might finally be ready (BTC) to gain some ground against Bitcoin. As noted by prominent trader Josh Olszewicz, the ETH/BTC pair has managed to close above the two-day Ichimoku cloud for the first time in 525 days. for the first time in 525 days, ETH/BTC has closed above the 2-day Cloud pic.twitter.com/ihwRBF6uY1 — #333kByJuly2025 (@CarpeNoctom) June 27, 2024 His analysis suggests that the pair has likely bottomed after nearly two years of underperformance. The flagship altcoin is currently changing hands at 0.055 BTC on the Binance exchange. After peaking at 0.061 BTC back in January, the ETH/BTC pair…

After failing to have Freedom of Information Act (FOIA) requests granted, Coinbase is initiating legal action against the US Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), the company announced Thursday. In 2023, Coinbase hired consultancy firm History Associates Incorporated to assist in retrieving records from the SEC and FDIC. Both requests were denied, History Associates said, and the firm is now suing both agencies in an effort to force them to hand over the documents. In both suits, History Associates is the plaintiff, and Coinbase is named as a related party. On behalf of Coinbase,…

An analysis of 2024 cryptocurrency asset listings on Binance, Coinbase, and Upbit, three of the world’s leading cryptocurrency exchanges, reveals a notable trend. Among emerging projects, while many tokens have secured listings on only one or two of these platforms, a select few have achieved the rare feat of being listed on all three. Standing out from the rest are LayerZero (ZRO), OMNI Network (OMNI), Render (RNDR), and Bounce Token (AUCTION), which have successfully obtained listings on these major exchanges in 2024. Blockchain analyst Colin Wu recently highlighted this outcome in a tweet, compiling data on new crypto assets listed…

As Bitcoin’s value hovers above $66,000, a noteworthy tweet from MicroStrategy chairman Michael Saylor, a prominent figure in the cryptocurrency industry, has sparked interest. His tweet, “Get the Message,” comes at a time when the market is observing Bitcoin’s performance with keen interest. Get the Message. #Bitcoin pic.twitter.com/MnX7vd9eWN — Michael Saylor⚡️ (@saylor) May 17, 2024 Bitcoin’s price above $66,000 is more than simply a number — it is a psychological threshold for the market, signaling stability after periods of volatility. According to IntoTheBlock, Bitcoin, the first and largest cryptocurrency by market cap, overcame massive on-chain resistance levels with its move…