Author: NBTC

As usual, there are various analyses and forecasts circulating regarding the possible future evolution of the price of Bitcoin. And, as usual, they need to be divided into three main groups, namely short-term, long-term, and medium-term ones. Analysis and medium to long-term forecasts on the price of Bitcoin Short-term forecasts The hypothesis of new all-time highs: the latest analysis and forecasts on the price of Bitcoin Gold at its highest Analysis and medium to long-term forecasts on the price of Bitcoin The long-term forecasts have not changed. In fact, it was already widely expected that the bull run could have…

The office of the Ombudsman at the Autorité des Marchés Financiers (AMF) has released its 2023 annual report, highlighting a rising number of cases in real estate investment companies, crowdfunding, and crypto assets compared to the previous year. The AMF Ombudsman received 1,922 cases in 2023, compared to 1,900 in 2022. The report indicates a significant drop in admissible cases, leading to fewer solutions proposed by the Ombudsman. Nevertheless, the team managed to handle and close a substantial number of cases, reducing the backlog by nearly 40%. Notably, 1,129 admissible cases were reported, which compared to 1,341 in 2022. 2,060…

Shibarium, the layer-2 solution for Shiba Inu, faced a temporary outage due to networking problems among validators. Market reaction to the outage prompts speculation on its impact, amidst broader trends in cryptocurrency trading. Despite technical challenges, Shibarium continues to grow, with significant transaction volumes and increasing wallet creations. Shibarium, the layer-2 blockchain solution developed for the Shiba Inu cryptocurrency, experienced a temporary outage, as confirmed by a post from developer Kaal Dhairya on the X social media platform. The disruption was attributed to networking problems among the network’s validators. Despite the quick recovery of the leading network, some components, such…

The company behind the privacy-focused protocol Nocturne has announced its closure just four months after discontinuing the protocol itself. Nocturne, which developed a privacy-oriented protocol for Ethereum, is shutting down less than a year after securing $6 million in funding from Bain Capital Crypto, Polychain Capital, and Vitalik Buterin. Hey all, some tough news. After shutting down the privacy protocol we built earlier last year, we’ve decided to wind down the company.The frontend https://t.co/bDN4zxs1fH will remain open for withdrawals until the end of this month. From there we will convert the withdrawal… — Nocturne (@nocturne_xyz) June 5, 2024 In an…

With the Bitcoin halving event only 11 days away, there is a lot of talk around how it could affect Bitcoin’s price. Historically, halving, which cuts the reward for mining new blocks in half and thus reduces the rate at which new Bitcoins are generated, has led to bullish movements on the Bitcoin market due to the perceived increase in scarcity. As we approach this fundamental event, it is worth noting that Bitcoin ETF volume remains strong weeks after Bitcoin’s all-time high. This suggests sustained institutional interest, which could be crucial as we near the halving date on April 19.…

The stock price of AI and gaming chip manufacturer Nvidia (NVDA) surged past $1,235 on Wednesday, up 14.2% for the day, bringing the company’s market capitalization to $3.01 trillion, according to Yahoo! Finance. If the trend holds, Nvidia will be the second most valuable publicly traded company, leapfrogging iPhone maker Apple (AAPL). Nvidia—which has seen its stock skyrocket more than 150% so far this year—began the week trading at $1,125 on Monday before rising 9.78% on Wednesday. Apple is trading at $195.87, up 0.78% for the day. The only other company in the $3 trillion club is Microsoft (MSFT), which…

The mysterious lead of the Shiba Inu team known under the pseudonym Shytoshi Kusama has emerged on social media after quite a long absence to slam SHIB fudders and address the community with an important new message about the next iteration of the ShibaSwap dex. Shytoshi Kusama slams fudders, teases major update The screenshot of Kusama’s social media post was shared on the X platform (formerly known as Twitter) by the official marketing lead of the Shiba Inu team, Lucie. Kusama addressed a specific “Fudder”, capitalizing the word and deliberately not naming this person. Shytoshi stated that he had spent…

Biconomy revealed its strategic partnership with the pioneering team at AA, marking a significant step towards improving blockchain scalability and user experience. Biconomy, known for its Full Stack AA solutions, aims to simplify blockchain transactions. This partnership promises to combine Biconomy’s technological expertise with AA’s pioneering approaches to significantly enhance transaction efficiency and user interface, ultimately facilitating a more scalable blockchain framework. We’re proud to be partnering with the pioneers of AA, @biconomy! 🌟Biconomy offers Full Stack AA for seamless blockchain transactions, enhancing scalability with an effortless UX! 🚀We have exciting things in the pipeline planned out! 👀Till then, stay…

Mainland Chinese fund companies are leveraging their Hong Kong subsidiaries to explore spot Bitcoin ETFs, signaling their keen interest in the new investment avenue. Chinese mainland-based equity funds have reportedly submitted their applications to launch spot Bitcoin exchange-traded funds (ETFs) via their Hong Kong subsidiaries, according to a report from China’s state-owned newspaper Securities Times, which cites multiple institutions as a source. While the full list of China’s companies interested in offering spot Bitcoin ETFs wasn’t disclosed, it has been confirmed that Harvest Fund Management’s Hong Kong branch is among those awaiting approval from the Securities & Futures Commission (SFC)…

Key Points: ECB slashes rates by 25 basis points, aiming to spur growth amidst rising inflation. Inflation expected at 2.5% in 2024, moderating to 1.9% by 2026, signaling cautious optimism. Modest growth anticipated, with GDP forecasted to increase by 0.9% in 2024, rising to 1.6% by 2026. European Central Bank (ECB) has announced its first rate cut in five years, reducing rates by 25 basis points. This decision reflects the ECB’s proactive approach to managing economic challenges amidst evolving global conditions. The rate cut comes amid concerns about rising inflation in the Eurozone. European Central Bank expects inflation to reach…