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Author: NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Are They Buying Or Selling?

On-chain data suggests the Ethereum whales have shown a burst of activity recently. Here’s what these titans have been up to. Ethereum Whale Transactions Are At Their Highest Since March In a new post on X, the market intelligence platform IntoTheBlock has discussed how the ETH whales have become active recently. The on-chain metric of interest here is the “Number of Large Transactions,” which, according to the analytics firm, tracks the total number of Ethereum transactions on the network valued at more than $100,000. Generally, only whale entities can make such large single transaction movements, so such large transfers are…

Ethereum

Will Massive Criticism Change SEC’s And Biden Administration Crypto Stance?

Hayden Adams, the CEO of Uniswap, a decentralised exchange, has voiced apprehensions over the current trajectory of cryptocurrency policies under the Biden administration. Adams emphasised the necessity for President Joe Biden to consider voters’ sentiments regarding digital assets as a critical factor in his potential reelection bid. Adams underscored the urgency for President Biden to amend the perception surrounding his administration’s stance on cryptocurrencies. According to Adams, the current approach, influenced by Senator Elizabeth Warren and the Securities and Exchange Commission (SEC), could adversely impact Biden’s reelection prospects. Republican Shift Towards Crypto Adams highlighted a significant trend wherein Republicans increasingly…

Legal

Bitcoin’s new resistance and support levels to watch this week

Bitcoin’s (BTC) price has weakened again after failing to steady above the $65,000 zone, with the cryptocurrency continuing to be weighed down by rising geopolitical tensions in the Middle East. As Bitcoin remains bearish, the majority of the market is monitoring its direction, particularly given that the price movements are playing out in a monumental week characterized by the upcoming halving. In line with this, crypto analyst Ali Martinez, in an X (formerly Twitter) post on April 16, pointed out that Bitcoin has established new support and resistance levels investors should watch. According to the expert, Bitcoin has entered a…

Bitcoin

Top Trader Says Ethereum ETF Could Send Altcoins to the Stratosphere – Here’s His Top Pick

A top crypto trader thinks a spot Ethereum (ETH) exchange-traded fund (ETF) approval in the United States could send altcoins “to the stratosphere.” The pseudonymous analyst known as the Flow Horse tells his 216,300 followers on the social media platform X that a spot ETH ETF would make the crypto markets “get crazier.” “Here I am thinking spot and chill during the summer, but if we get an ETF approved for ETH the second wind is going to hit hard AF.” The trader also says that top meme asset Dogecoin (DOGE) in particular has been “sitting in a really nice…

Ethereum

Asia Cryptocurrency Commission enables secure trading relationships

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Asia Cryptocurrency Commission (ACC) fosters secure and transparent relationships between brokers and investors through certification, dispute resolution, and compensation services. The Asia Cryptocurrency Commission (ACC) makes every effort to create and maintain a safe and transparent environment between brokers and their clients (investors). This approach is explained by the very role of the financial regulator in this industry – establishing a balance and protecting both sides of the investments. Asia Cryptocurrency Commission sets up close communication ACC has…

Legal

Binance to Deliver Over 5,000 Pizzas Globally for Bitcoin Pizza Day Celebration

Binance, the world’s leading cryptocurrency exchange by trading volume, is set to celebrate Bitcoin Pizza Day on a grand scale by distributing over 5,000 pizzas across the globe. This six-day event aims to engage both crypto enthusiasts and the general public, reinforcing Binance’s mission to educate and involve a broader audience in the world of cryptocurrency. Starting on May 17 and running through May 22, Binance will host a series of events and activities in various iconic locations including Thailand, Paris, Dubai, Australia, Mexico, Brazil, and Argentina. These activities will feature in-person pizza parties, Binance-branded pizza vans, and special deliveries…

Exchanges

Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls

There are plenty of reasons to be bullish on gold, but the evergreen bear case on the precious metal is that it's never really consumed. Every ounce of gold that's been mined since the beginning of time is still here. To wit is a Bloomberg story over the weekend reporting on a flood of customers rushing into a Brooklyn pawnshop with their valuables to cash in on gold's recent run to a record price above $2,400 per ounce. "People are using gold as an ATM they never had," owner Gene Furman, who is seeing three times the normal traffic of…

Bitcoin

Steadying Before the Next Move?

Ethereum price started a consolidation phase above the $3,650 support. ETH seems to be preparing for the next move up toward $4,000 in the near term. Ethereum started a consolidation after it tested the $3,840 resistance zone. The price is trading above $3,700 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up unless there is a break below the $3,450 support. Ethereum Price Holds Support Ethereum price extended its increase above the $3,500 and $3,650…

Ethereum

Former nChain CEO jailed for 10 months over Craig Wright leaks

Reports that the former CEO of nChain, Christen Ager-Hanssen, was sentenced to 10 months for the leaking of documents exposing Craig Wright have been confirmed. According to What The Finance (WTF), a judgment hearing took place on May 3 in the High Court as part of nChain Holding AG’s case against Ager-Hanssen. During the hearing, the judge established that Ager-Hanssen had broken multiple court orders requiring him to remove leaked documents from the public domain, reveal who received his documents, and give up various devices. The leaked document was reportedly the Fairway Brief, a collection of confidential information relating to…

Legal

Japanese E-commerce Giant Mercari Launches Ethereum Trading

The Japanese e-commerce giant Mercari has taken another step into the crypto sphere by launching Ethereum (ETH) trading services on its app. The Japanese media outlet CoinPost reported that the firm unveiled the service for Mercari users on May 21. Ethereum Nod for Japanese E-commerce Giant Mercari Mercari says it is Japan’s “biggest marketplace.” It operates a “flea market” platform in the same vein as firms like eBay. A man uses a smart courier machine to send a Mercari parcel. (Source: TBS News Dig Powered by JNN) In recent years, the firm has pivoted toward crypto. It has launched a…

Exchanges