Author: NBTC

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…

Ethereum price recorded a blistering 4% surge over the weekend, as it reached a daily timeframe peak of $3,839 on June 3, bears face more liquidation risk amid shrinking ETH supply. Ethereum starts June 2024 with a 4% Uptick Following the 30% price upswing that greeted the Ethereum ETF approvals, many ETH holders entered a profit-taking frenzy in the last week of May, cutting the monthly gains to 24%. However, as the sell-the-news wave cools off, ETH markets have begun to attract buying momentum in June. Ethereum Price Action ETHUSD June 2024 | TradingView As depicted in the yellow shaded…

In the United States, the understandable doom and gloom around the regulatory environment has put a pall on much of the enthusiasm in the crypto industry. The Gensler SEC seems to be lashing out at the biggest players in the market with Wells notices sent to Uniswap, Consensys and Robinhood. But, as the meme goes: Touch grass. For crypto regulatory lawyers, this means getting out of the United States. I had the good fortune a few weeks ago to be able to travel to Dubai and Bangkok for a series of crypto conferences. And the mood in those markets is…

Renowned crypto analyst Dan Gambardello thinks the crypto market is preparing for a significant development after some reasonable consolidation. In a recently uploaded video, Gambardello noted that the Dollar Index is in a critical moment and needs to pull back for the crypto market to rally. BITCOIN Apex ALERT! CARDANO Signals MAJOR Move!Intro 00:00U.S. Dollar currency indext 00:35Bitcoin halving month 1:30The next Bitcoin price move 2:55Is Cardano really underperforming 7:15Very clear note on the next ADA move 8:00This ADA dip has been normal 9:00Bullish… pic.twitter.com/kpmxXrVr5d — Dan Gambardello (@cryptorecruitr) April 7, 2024 Gambardello explained that the outcome of the Dollar…

In a significant development on the cryptocurrency market, a massive Ethereum (ETH) transfer has caught the attention of investors and analysts alike. Whale Alert, a prominent blockchain tracking service, tweeted that 8,759 ETH, worth around $32.96 million, have been transferred from an unknown wallet to Coinbase. This transfer signals a potential sell-off from an Ethereum whale. Whale movements often serve as significant indicators of market sentiment. Large transfers, especially those heading toward exchanges like Coinbase, typically suggest that the whale might be preparing to sell a portion of their holdings. Such actions can lead to increased volatility and potential price…

French Senate is set to debate a new law inspired by the Model Law on Electronic Transferable Records that would allow digital trade documents to optimise trade finance. The law could massively boost DLT adoption to underpin digital documentation and provide decentralised identity; IOTA is the leader in this field, with initiatives in Europe, Africa and the Middle East. France has taken the first step in digitalising trade finance. With a new law that could massively boost decentralised ledger technology (DLT) adoption in the country, it seeks to compete with Germany, the UK, and other leading investment destinations. As featured…

Noah Perlman, Binance’s Chief Compliance Officer, discussed the latest in the legal battle involving Nigeria and Binance executive Tigran Gambaryan. Perlman commented on the ongoing saga involving two Binance executives and the Nigerian government without giving much hope for a resolution anytime soon. “We don’t really see a clear roadmap to getting him back in the near term,” said Perlman during an interview with CNBC, in reference to Tigran Gambaryan. Perlman said that Binance is doing as much as possible to get Gambaryan back to the United States, but the U.S. government has most of the power in negotiations. Gambaryan…