Author: NBTC

On March 11, ethereum’s price action painted a bullish picture, closing at $4,053 after touching a low of $3,800. With oscillators signaling mixed sentiments and moving averages strongly favoring buyers, the digital currency showcased a strong performance amidst a trading volume of $27.57 billion. Ethereum Ethereum’s (ETH) journey on March 11 marked a significant upturn, with the price oscillating between $3,800 and $4,053. This volatility underscores the dynamic market sentiment as investors navigate through the crypto space, bolstered by ethereum’s hefty market capitalization of $483 billion. The day’s oscillator readings offered a nuanced view of market dynamics. The relative strength…

A New York bank with $113.9 billion in assets is reportedly in trying to raise cash as its stock nosedives 40% in a matter of hours. New York Community Bank’s (NYCB) stock fell so far so fast that trading was halted “pending imminent news,” according to multiple reports. The Wall Street Journal says the bank is now looking to “gauge investors” and see if anyone is interested in buying equity in the company. Last week, NYCB shocked investors by revealing a $2.4 billion loss, stating it had found “material weakness” in its risk management practices. The company announced an upper…

The upward trend in the cryptocurrency market continues. Although Bitcoin touched its $69,000 ATH and started to decline, the altcoin market remains active. At this point, especially some mem tokens and artificial intelligence altcoins stand out with their rapid rise. The fact that Nvidia, the world’s number one artificial intelligence chip manufacturer, will hold a conference on March 18-21 was effective in the rise of artificial intelligence-themed altcoins. While this conference of Nvidia increased the interest in the artificial intelligence sector, Nvidia’s moves in the field of artificial intelligence also had a positive impact on the cryptocurrency market. At this…

Worldcoin was recently ordered to cease operations in Spain following reports of collecting data from minors, etc. Worldcoin has, however, denied all the allegations, accusing the Spanish authorities of spreading misleading information. The groundbreaking appearance of Worldcoin (WLD) in the era of Artificial Intelligence is deemed as one of the best projects on the internet. Interestingly, it has been able to hit a milestone by empowering 4,069,334 people to prove their humanness online while protecting their privacy. As a secure and permissionless protocol, Worldcoin claims to have invested in the legal aspect of its operation, positioning it as a law-abiding…

According to analysts, Bitcoin is heading towards new highs, but may also see harsher corrections according to the latest charts. This week, Bitcoin fell 10% after reaching a new intraday record. However, analysts believe it could achieve further upside. According to analysts, while Bitcoin is on track to achieve even greater rises this year, investors should consider these fluctuations as healthy retreats. According to Fairlead Strategies, Bitcoin has been testing the last resistance level at $64,900 at the weekly close since reaching $57,000 last week. The firm is looking for two consecutive weekly closes above this level to confirm the…

Ethereum (ETH) has recently demonstrated formidable strength, with its price steadily increasing. Recent on-chain insights paint a promising picture, suggesting a bullish trend that could see ETH price breaking a new all-time high. However, other metrics show that a correction could happen before that if the support zone is not strong enough. Will ETH continue its uptrend, or is a correction imminent? Ethereum Relative Strength Index Is Rising Fast Over the past month, the RSI (Relative Strength Index) for Ethereum has seen a notable increase from 73 to 82. This rise in the RSI is a sign that Ethereum has…

Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed. Per the media outlet OSN, Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers, said that crypto would not “die completely,” but would become “marginalized.” ‘Bitcoin Will Tumble’ – But ‘Not Like MMM Ponzi’ Razuvaev claimed that the crypto markets were currently “greatly overheated” by spiking and unsustainable demand. He added that BTC and other crypto prices would likely continue to rise in the short term, but claimed that unpredictable events could take…

Popular blockchain tracker Whale Alert has spread the word about an ancient Dogecoin wallet awakening after being active last time during the “era” of Bitcoin creator Satoshi Nakamoto. He disappeared from the public view in 2010, considering this step to be the best for the future of his brainchild BTC. Dogecoin was launched in December 2013 by Billy Markus and Jackson Palmer as a joke and a parody on Bitcoin. Markus even took himself a nickname resembling Satoshi and mocking him in a way – on social media he is known as Shibetoshi Nakamoto. The awakened wallet is 10.2 years…

Erik Voorhees’ crypto exchange ShapeShift has agreed to pay a $275,000 fine as part of its settlement with the US Securities and Exchange Commission after it was found to be dealing unregistered securities. ShapeShift has also agreed to desist from violating the Securities Exchange Act of 1934. Three of the five commissioners concurred that ShapeShift dealt unregistered crypto securities from 2014 until early 2021. They also ruled that rather than operating a platform for customers to trade with one another, ShapeShift held crypto asset securities itself and traded against its own users. It did this by selling those assets in…

In February, the blockchain gaming sector experienced significant growth due to rising cryptocurrency prices and user activity. Despite this progress, the industry struggles to retain users. Bitcoin and Ethereum, the top cryptocurrencies, gained significantly this month. In February,reached $62,404 after rising 46.5%. It crossed $60,000 for the first time since Q4 2021.a lso grew, boosting market optimism. February 2024 Web3 Game ReportIn February the blockchain gaming sector experienced notable expansion due to the rise of cryptocurrency prices and active users but the industry still faces challenges with user retention and engagementMonthly Market ReviewBitcoin and Ether… pic.twitter.com/GvtL0Nf0r9 — Footprint Analytics (@Footprint_Data)…