Author: NBTC

The cryptocurrency community often reacts to market commentary and actions from high-profile investors and financial pundits. Jim Cramer, the host of CNBC’s “Mad Money,” recently caught the attention of crypto investors and traders yet again with the timing of his Bitcoin trades. Cramer tweeted about his purchase of Bitcoin at $69,210, which coincided closely with the cryptocurrency reaching its all-time high. Known for his exuberant and often contrarian takes, Cramer’s involvement at the peak of Bitcoin’s price surge has led to the community invoking the “Cramer Curse” — a trend where assets tend to move contrary to Cramer’s endorsements or…

Reactor Motors—the Ethereum NFT collection featuring 8,888 images of high-end racing cars—is being turned into a movie, the company behind the digital announced late Thursday. The Reactor Motors film will be helmed by veteran director Pierre Morel, who also directed Taken and Transporter 2. The Reactor Motors film will tell the story of Geophysicist Eva Mason, who discovers Reykium in a Volcano in Iceland, leading to clean energy race cars. Mason’s discovery attracts the attention of an energy conglomerate that will do anything to get their hands on Reykium. Bundlie said Morel and his business partner gravitated towards the lore…

Roman Sterlingov, a dual Russian-Swiss citizen, was found guilty on Tuesday of four charges related to money laundering for his role in setting up the bitcoin mixing service Bitcoin Fog. The most serious charge carries a maximum sentence of 20 years in prison. The founder of Bitcoin Fog, a long-running cryptocurrency mixer, was convicted by a federal jury in Washington on Tuesday of facilitating the laundering of over 1.2 million bitcoins (BTC) – worth about $860 million at today’s prices – tied to darknet marketplaces. Roman Sterlingov, 35, a dual Russian-Swiss citizen, was arrested at Los Angeles International Airport in…

2024 has already been quite spectacular for the cryptocurrency market. Bitcoin, for one, added more than 60% of value in about two months and skyrocketed to a new all-time high registered yesterday. The previous time that the asset broke its ATH, its price tripled in the following three months or so. If something similar is to happen again, BTC could be on the verge of going well within a six-digit price territory. Posting on the run 🤦🏻‍♂️ — Bitcoin Archive (@BTC_Archive) March 5, 2024 2021 was a big year for BTC as the asset jumped to $69,044 (according to CoinGecko)…

IRCTC’s latest announcement marked a significant moment for India’s digital assets sector as the Indian railways officially embraced the NFT domain. In a festive nod to Holi, IRCTC introduced vibrant NFT tickets for two Tejas trains connecting Delhi and Lucknow. IRCTC To Roll Out NFT Tickets For Holi Celebrations IRCTC revealed a sneak peek of these NFTs via its official X handle. These NFTs are slated to feature intricate sketches showcasing the rich heritage of Delhi and Lucknow set against vibrant backgrounds. Moreover, from March 20, passengers of Tejas trains numbered 82501 and 82502 will have access to these NFTs,…

Amidst anticipations of the US Federal Reserve’s Bank Term Funding Program (BTFP), the community speculates a potential banking turmoil. While Monday marks the conclusion of the Fed’s BTFP, researchers anticipate a renewed financial crisis in the banking sector similar to last year’s debacle. On March 15, 2023, the Fed’s Board of Governors announced the launch of BTFP to “support American businesses and households by making additional funding available to eligible depository institutions to help assure banks have the ability to meet the needs of all their deposits.” The launch came following the fall of financial giants like Silvergate Bank and…

The latest Shiba Inu run has reignited speculation that the younger memecoin will eventually overthrow Dogecoin, as the project’s lead developer fuels the fire. Meme-based cryptocurrencies have become market leaders in the wake of a bullish crypto trend. Most popular memecoins, including Dogecoin and Shiba Inu, have returned triple-digit gains in less than a month as crypto investors become more risk averse. Amid the jump, long-term debates have re-emerged across various memecoin communities vying for supremacy. Especially among the top largest memecoins, Dogecoin and Shiba Inu, the battle for the top spot is getting heated. In a recent post on…

Bitcoin price prediction: BTC made a shocking move on Tuesday, first breaking out to a new all-time high of $69,170 and flash falling below $60,000 moments after to $59,323, according to CoinMarketCap data. The sudden plunge tipped off massive liquidations, exceeding $1 billion. As Coinglass data shows, liquidations in BTC accounted for approximately $800 million of the total. Moreover, the majority of the liquidations comprised longs, implying that leveraged bulls suffered immense losses. What Triggered The Sell-Off? According to some market watchers’ reports, profit-taking and miners offloading their wallets added significantly to the volatility, resulting in the flash drop. A…

Israel’s eToro is again considering going public with a valuation of more than $3.5 billion, the brokerage’s CEO, Yoni Assia, told the Financial Times. In its previous failed attempt to go public, eToro signed a $10.4 billion deal with a blank check company, showing a massive valuation cut by the brokerage. While the broker is primarily operating in the United Kingdom, its strategic consideration of the United States for public listing is driven by the deep liquidity in the market. However, the broker has not ruled out London as the potential market for its public listing. Yoni Assia, the Founder…

Shiba Inu (SHIB) has managed to sustain its ongoing bullish momentum with its price sitting comfortably at $0.00003887, up by 45.07% in the past 24 hours. The growth of Shiba Inu has pushed it up 295% in the past seven days, helping to extend its market capitalization to $22,891,692,109. The growth outlook of Shiba Inu has made it record more history than it has ever recorded before. At the time of writing, Shiba Inu is now the 10th largest digital currency after displacing Avalanche (AVAX) from that position. This is a major milestone considering Shiba Inu was almost ousted from…