Author: NBTC

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up you Feeling bullish about a spot Ethereum ETF? Think again. According to issuers of spot Bitcoin ETFs, the U.S. Securities and Exchange Commission (SEC) is unlikely to approve a spot Ethereum exchange-traded fund (ETF) anytime soon. Ethereum, the second-largest cryptocurrency globally, has been the subject of speculation for a spot ETF approval ever since SEC Chair Gary Gensler gave the green light to 11 spot Bitcoin ETFs applications in January. Companies like…

While there is a sharp gap in Bitcoin between last week and this week, the decline in BTC continues to deepen. At this point, while BTC has fallen to $ 63,000 levels, it continues to upset investors with its volatile movements. While investors wonder whether the decline in Bitcoin will continue, CryptoQuant analyst stated that the bull phase in Bitcoin may be over. The analyst, who used the Bitcoin Net Unrealized Profit and Loss metric (NUPL) in his analysis, pointed out that this metric has experienced a very sharp increase so far. The analyst noted that this metric, along with…

PancakeSwap, a prominent multi-chain decentralized exchange (DEX), has integrated Orbs’ innovative dLimit and dTWAP protocols, according to information shared with Finbold on April 11. Marking a significant advancement in decentralized finance (DeFi) trading capabilities, the integration enables PancakeSwap traders to employ advanced order types, ensuring guaranteed price execution and breaking down large orders into more manageable trades. The wide application of Orbs’ solutions As the largest DEX by trading volume to embrace this technology, PancakeSwap joins a roster of leading platforms including QuickSwap, SpookySwap, and Thena, in integrating Orbs’ solutions. The move underscores both Orbs’s position as a frontrunner in…

Azuro, a decentralized autonomous organization (DAO) building a protocol for blockchain-based predictions, has raised $11 million with investment from SevenX Ventures and Arrington Capital. Other participants in the funding round include Fenbushi Capital, Polymorphic Capital, Red Beard Ventures, Dewhales, and G1 Ventures. In an announcement, Azuro said the funding will be used to further accelerate ecosystem development during this critical phase of expansion and to intensify marketing efforts in the decentralized prediction market space. Funding Secured Ahead of $AZUR Token Launch Azuro has plans to drop a token, “AZUR” shortly although no timeline has been given. “This round of funding…

Ethereum price failed to continue higher above the $3,725 resistance zone. ETH trimmed gains and now consolidates near the $3,475 support. Ethereum failed to climb higher above the $3,725 resistance level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,420 support zone. Ethereum Price Faces Rejection Ethereum price started a decent increase above the $3,550 resistance. ETH even cleared the…

As Bitcoin (BTC) faces a sudden drop, legendary trader Peter Brandt has shared his insight into market turns and the impact of maintaining “over-sized” positions. According to Peter Brandt, periods of market turns are where traders face the biggest financial losses and emotional stress. Market turns occur when an asset records a sharp shift in direction. While these market turns and drawdowns cannot be ruled out in a standard trading session, Brandt has always advocated conservative bets. The current market with spot Bitcoin ETF as a catalyst is quite volatile. Though market experts believe the inflow of funds into the…

Plexus, a well-known cross-chain DEX aggregating forum, has started a partnership with Nitro Bridge. The collaboration with the cross-chain bridge focuses on the integration that will potentially improve the platform in terms of its cross-chain connectivity. Plexus announced this move on its official X account. 🚀 Breaking Boundaries: PLEXUS Now Integrated with Router’s Bridge, Nitro! 🌐📷Exciting news! PLEXUS has seamlessly integrated @routerprotocol Bridge, Nitro, marking a significant step forward in cross-chain connectivity.Explore diverse blockchain networks effortlessly,… pic.twitter.com/u3Z8rKxbUI — PLEXUS | We’re Hiring! (@plexus_fi) April 11, 2024 Plexus Partners with Nitro Bridge to Offer a Matchless Cross-chain Connectivity The firm noted…

Singapore — HTX Ventures continues its stride towards shaping the future of blockchain technology with a strategic investment in Monad Labs, a trailblazing force behind the development of the high-performance Monad blockchain. This investment reaffirms HTX Ventures’ steadfast dedication to fostering innovation within the Web3 landscape and supporting initiatives aimed at overcoming critical challenges within the industry.—At the heart of this collaboration lies the Monad blockchain, a cutting-edge Layer-1 platform renowned for its innovative rearchitecture of the Ethereum Virtual Machine (EVM). Designed to tackle Ethereum’s throughput limitations, Monad aims to empower decentralized applications (DApps) for widespread adoption. Promising Ethereum’s versatility…

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXCListings:Shiboo (SHIBOO)Grok Cat (GROKCAT)Index Coop (INDEX)Decentralised Cloud Infrastructure (DCI)Axo (AXO)Tensor (TNSR)Pixel Island (PIXL)Doge Mob (DOGEMOB)Gaga (GAGA)AIChainMatrix (AICM)Energy Web (EWT)BOMX (BOMX)R Games (RGAME)Unibit (UIBT)SolSpend (SPEND)HanChain (HAN)CatCoin (CATCOIN)TensorSpace (TPU)HODL (HODL)MetaDOS (SECOND)Musk Dao (MUSK)Sword of Zeus (ZEUS1)Gatsby (GATSBY)AI Dragon (CHATGPT)Fash Protocol (FLASH)Moon Inu (MOONINU)Dopamine (DOPE)Perpy (PRY)Monkey Empire (MKC)Ansems Cat (HOBBES)Origin Protocol (OETH)Ring AI (RINGAI)cat in a dogs world (MEW)MeowthWifHat (MEOWTH)Gradient Token…

The SEC has until the end of May to complete its review of the Ethereum Spot ETF, following a delay in its original decision date in March. Companies like BlackRock, Fidelity and VanEck, which have launched spot Bitcoin ETFs this year, were eagerly awaiting approval for an ETH product. However, some applicant companies are not sure that the SEC will green light their ETH applications. “We were also the first to apply for Ethereum in the US, and we and Ark Invest CEO Cathy Wood back in May,” VanEck CEO Jan van Eck told CNBC’s Arjun Kharpal at the Paris…