Author: NBTC

Despite Ryan Salame pleading guilty to conspiracy to make unlawful political contributions and conspiracy to operate an unlicensed money transmitter, you wouldn’t be able to tell from his presence on X (formerly Twitter). The former co-CEO of FTX Digital Markets is begging to be interviewed, providing political commentary, stating he’s ready to release a memoir, and denying much of his role at FTX and Alameda (despite his guilty plea). Salame insists that there’s much more to the FTX and Alameda sagas, but hasn’t clarified what new information he has to provide and no one has publicly stated that they’ll be…

As the cryptocurrency sector opens the week on a more bullish note, its representative asset Bitcoin (BTC) has surpassed a critical resistance level and is looking at an imminent breakout that could culminate with an $85,000 price peak, according to a renowned crypto expert. Specifically, professional crypto trader Ali Martinez has recently observed that Bitcoin appeared to be breaking out of its symmetrical triangle chart pattern and that holding above $70,8000 would make $85,000 its next target, as he explained in an X post on April 8. Bitcoin price prediction Indeed, as Martinez’s analysis demonstrates, the flagship decentralized finance (DeFi)…

A whale, a large holder of cryptocurrency, is back in the market to buy more ETH tokens after a large investment. A little earlier today, this whale sent 7,000 ETH, which at the time was equivalent to approximately 26. 7 million USD, back to Binance. This comes even as Ethereum is trading at $3,814. Giant whale with a 76.6M profit from $ETH just returned to accumulate more tokens!An hour ago, the whale withdrew 7K $ETH ($26.7M) from #Binance at $3,814.Notably, the whale withdrew most $ETH during last year’s bear market and then deposited $ETH to CEX whenever the price… pic.twitter.com/cjZCM793BV…

After nine months of deliberation, the developers behind Celo have chosen OP Stack as the infrastructure for the project’s migration to Ethereum. In a Monday forum post, cLabs, which is the software company behind Celo, said it would be putting the OP Stack migration up for a community vote. If successful, the layer-2 would be set to go to testnet in summer 2024. CLabs first said it would migrate to a layer-2 in July 2023. Celo and Optimism’s native tokens were both up roughly 5% amid a mostly flat day in crypto markets, according to CoinGecko. Celo’s layer-1 went to…

Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world’s largest cryptocurrency exchange. Zhao, a Canadian national, pleaded guilty to violating the Bank Secrecy Act (BSA) in November. In April, a federal judge sentenced CZ to four months in prison – a much shorter sentence than the three years federal prosecutors requested, but more than other crypto executives like former BitMex CEO Arthur Hayes received for the same crime. At a net worth of $36.5 billion, according…

In the early US hours of Monday, Bitcoin witnessed a significant surge, with its price climbing above the $72,000 mark. The ascent, marked by a more than 4.5% increase within a mere five-hour window from below $69,500 to an intra-day high of $72,579, can be attributed to a confluence of factors that have stirred the crypto market. #1 Strong Bitcoin Spot Demand The rally appears to be fueled by robust demand in the Bitcoin spot market, hinting at the potential sustainability of the move. Crypto analyst Daan Crypto Trades (@DaanCrypto) noted the healthy market dynamics, stating on X, “Funding rates…

Florent Koenig, macro analyst at SwissBorg, recently shared his views on the potential impact of Ethereum Spot ETFs on the ETH price. In his analysis, he provides a detailed scenario of what we can expect when ETH Spot ETFs begin trading. Predicting potential inflows into Ethereum ETFs is complicated. Koenig decided to rely on estimates from various experts to obtain a range of expected values. Here’s what he found: Goldman Sachs expects the new spot ETH ETFs to attract modest net inflows of $1 billion to $3 billion over the remainder of the year. Bloomberg Senior ETF Analyst Eric Balchunas…

According to information based on onchain data by the cryptocurrency analysis company Lookonchain, a crypto whale made a lucky transaction by taking a big risk. Considering the popularity of memecoins in the Solana ecosystem, many traders try to make a profit by being the first buyer of memecoins released here, but traders often fail because a large number of these tokens fail to deliver as expected and are reset. However, this trader seems to have gotten lucky. According to onchain data, the trader in question bought 110 thousand dollars from the memecoin named MANEKI and turned it into 8.72 million…

Former Binance CEO Changpeng Zhao has already reported to a federal prison in California to start his four-month prison sentence, according to Bloomberg. Zhao will serve his sentence at Lompoc II, a low-security correctional institution where inmates spend most of the day outside. Prison consultant Sam Mangel believes that CZ is going to be “perfectly fine.” Farmlands are a big part of the Lompoc federal prison, with a lot of inmates working on farms that produce beef, field crops, and milk. This is where a lot of manual labor is done. Potential jobs range from dairy farming and riding horses…

While the leading cryptocurrency Bitcoin exceeded $ 72,000 again today, investors’ expectations for further rises continue. While many analysts are analyzing the BTC chart, a new analysis has come from 10x Reserach founder Markus Thielen, known for his accurate predictions. At this point, Thielen stated that the chart indicates an upward trend for Bitcoin and said, “The chart shows that Bitcoin’s last triangle consolidation has resulted in an upward trend.” said. “Bitcoin surpassed $72,000 through a symmetrical triangle pattern defined by a resistance line connecting the highs of March 15 and March 27 and a support line connecting the lows…