Author: NBTC

Legendary investor Anthony Scaramucci has shared his view on future Bitcoin price in regard to the halving event that happened this Friday. In his recent appearance on Wealthion, the long-time crypto proponent highlighted the significant demand for Bitcoin driven by investors buying into ETFs like BlackRock and Kathy Wood’s funds, while the network produces only 450 coins per day. Crypto and Bitcoin are still new to most people. I tried to answer some of the biggest questions like use cases and the upcoming halving. Give it a watch: https://t.co/PCAhnAm6ov — Anthony Scaramucci (@Scaramucci) April 19, 2024 This demand often pushes…

The Shiba Inu ecosystem official X account has called the SHIB Army to graze an occasion where it will be speaking for the first time ever. The official X account of the Shiba Inu ecosystem has invited SHIB enthusiasts to a discourse where it plans to address community members in speech for the first time. This event is unfolding through an X Space scheduled for today at 7:00 PM UTC. Woof! Calling all #ShibArmy & ShibArmy veterans! 🪖 Get ready for a trip down memory lane with some epic #Shib stories from the early days! This is my FIRST TIME…

Welcome to Bitcoin’s fifth epoch. Following the network’s programmed reduction in newly issued Bitcoin, a new era of digital scarcity has been ushered in. Like clockwork on Friday, the reward that miners earn for validating Bitcoin transactions was slashed in half for the fourth time since the blockchain’s launch. Bitcoin’s so-called halving occurred at just after 8pm ET on Friday. As a result, miners will earn 3.125 BTC per block created until some time likely in 2028. It’s part of miners’ dues for solving cryptographic puzzles that help keep Bitcoin’s network secure, until that’s halved again and again well into…

Major analytics account on X @lookonchain spreads the word about a new PEPE whale being born after he withdrew a hefty amount of meme coins from Binance. It happened after the popular meme cryptocurrency, PEPE, demonstrated a rise of almost 7% earlier today. Besides, a major new development on the meme coin market has made ripples within the crypto community. New whale grabs 357 billion PEPE as price rises Lookonchain reported that a fresh crypto whale withdrew 357.34 billion PEPE after a likely purchase on Binance. This amount of the meme coins comprises the equivalent of $2.9 million in fiat.…

According to the Coinbase x Glassnode Q2 report, the current Bitcoin holdings by ETFs indicate the increasing involvement of Wall Street investors in the crypto market. The combined assets under management (AUM) of Bitcoin exchange-traded funds (ETFs) now hold approximately 851,000 BTC, representing about 4.3% of the total circulating Bitcoin supply. This significant concentration highlights the growing impact of ETFs on the cryptocurrency market. Weekly inflows up to $2 billion Following their introduction, Bitcoin ETFs experienced robust weekly inflows ranging from $1.2 billion to $2.5 billion in the first quarter. However, inflows have slowed since late March, signaling a potential…

Ripple has provided insights into stablecoin, highlighting its types, use cases, and projections in anticipation of its forthcoming stablecoin. The stablecoin space has been garnering momentum recently. At press time, the market is valued at around $160 billion, with Tether’s USDT accounting for over $110 billion of this valuation. Ripple Eyes Stablecoin Market Potentials Like most crypto sectors, the stablecoin market has also received mouthwatering forecasts. Top analysts project that the market could reach a valuation of $3 trillion by 2028. Prominent brokerage firm Bernstein issued this forecast last year. Interestingly, Ripple referenced Bernstein’s forecast about the stablecoin market in…

A very commonly used term in the field of financial trading is order book. It is a term that refers to the register on which all purchase and sale orders are stored waiting to be executed on an exchange. What is the order book and how do you read it? The main features How to analyze the order book What is the order book and how do you read it? The same term “order book” clearly suggests that it is a book, or rather a register, related to orders. The fact is that purchase and sale orders are not always…

Il Capo of Crypto, one of the most followed analysts in the cryptocurrency world, shared his first opinions after the historical halving in Bitcoin in his latest statement. Il Capo is actually known as a bearish analyst, but he has recently softened his statements and has not been talking about the $ 12,000 level, which is his ultimate target for BTC for a long time. The analyst said that the fourth halving has been completed and can be expected from now on. According to the analyst, with mining rewards halved, BTC miners often sell some of their reserves to cover…

Last month, at Paris Blockchain Week 2024 (April 9-11, 2024), Web3 journalist Ornella Hernández talked to Markus Infanger, Senior Vice President of RippleX. His discussion focused on the growing ecosystem, new technological advancements, and Ripple’s role in facilitating blockchain innovation. The XRP Ledger booth attracted significant attention at the conference, serving as a hub for queries and discussions about blockchain development. Infanger noted the enthusiastic reception from attendees, many of whom were eager to learn about starting projects on the XRP Ledger. This interest highlights the ledger’s expanding influence and the community’s eagerness to explore its capabilities. Ripple is actively…

The trading and investment platform eToro announced today (Monday) that it has successfully achieved the SOC 2 Type II Compliance Certification following a comprehensive audit of its custody operations. The certification, issued by the accounting firm Grant Thornton, verifies that eToro’s systems and processes meet stringent industry standards for data security, privacy, and confidentiality. The SOC 2 Type II Compliance Certification is an auditing procedure developed by the American Institute of CPAs (AICPA) to ensure that service providers securely manage and protect client data. The certification is particularly relevant for technology and cloud computing companies that store sensitive customer information.…