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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.

As the Bitcoin Bull Heats Up, the Founder of a Global Finance Company Updated Her Previous “Bitcoin 100k By The End Of This Year”...

Rali Perduhova, Co-Founder and CEO of 7RCC Global, made a bold prediction about the future of Bitcoin in a recent interview with “Bloomberg Crypto.” Perduhova believes BTC could reach a staggering $200,000 by the end of the year. A few months ago such a prediction might have seemed far-fetched. However, Perduhova argues that various catalysts could push Bitcoin to this level. “Last time we were here, our target was 100,000. We are currently revising that to 200 by the end of the year, it could even be higher,” he said. One of the important catalysts that Perduhova points out is…

Bitcoin

A Mysterious Cryptocurrency Wallet Purchased $405 Million in Ethereum (ETH): Justin Sun Again?

Tron (TRX) founder Justin Sun, one of the notable names in the cryptocurrency industry with his investments and statements, came to the fore again with the Ethereum move. At this point, Justin Sun is alleged to have purchased a significant amount of Ethereum (ETH). According to a post by on-chain data provider Lookonchain, a wallet thought to belong to Justin Sun has allegedly purchased 127,388 ETH worth $405.19 million since April 8. While it is noteworthy that this wallet has deposited a significant amount of 787 million USDT from the Tron network to Binance as of March 31, Lookonchain also…

Ethereum

Toncoin enters top 10 crypto by market capitalization, overtakes Avalanche

Toncoin, The Open Network’s native cryptocurrency token, has once again entered the list of the 10 most significant coins by market cap. According to data from CoinMarketCap, Toncoin (TON) has overtaken Avalanche (AVAX) in market capitalization, reaching a market capitalization of $19 billion at the time of writing. Along with the increase in market capitalization, the token’s trading volumes also jumped sharply, increasing by 91% over the last 24 hours and amounting to $223 million. TON also increased in price by 6.3% over the past 24 hours, reaching $5.45 at the time of writing. Since the beginning of the year,…

Altcoins

Ripple v. SEC: Pivotal Filing Countdown Begins

In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple is gearing up to file a crucial reply to the SEC's remedies briefing within the next 24 hours, specifically on April 22. This step marks a significant moment in the ongoing lawsuit that has captured the attention of the cryptocurrency world. The latest development in the case revolves around the SEC's remedies briefing, in which the regulatory agency outlined its proposed remedies. The proposed remedies seek the disgorgement of profits derived from XRP sales and civil penalties. Ripple now has the opportunity to…

Regulation

Peter Schiff Tries to Debunk Bitcoin Halving Hype

As the cryptocurrency community braces for the upcoming Bitcoin halving, well-known gold investor and cryptocurrency skeptic Peter Schiff has once again voiced his dissent. Taking to X, Schiff has argued that the halving, a process that cuts the reward for mining Bitcoin transactions in half, is overhyped. He has pointed to the fact that it merely reduces the growth rate of the new Bitcoin supply rather than the existing supply itself. The supply of #Bitcoin will not be cut in half by the #Halving. Over ninety percent of the Bitcoin supply already exists. The only thing cut in half is…

Bitcoin

ETH Poised for a Large Move Following Successful Defense of $3K Level: Ethereum Price Analysis

Ethereum’s price has been correcting over the last few weeks following a decisive rejection from the $4,000 resistance level back in March. Yet, the market might be about to make a U-turn. Ethereum Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been forming a large descending channel pattern since the beginning of the correction. The lower boundary of the channel has recently been tested and pushed ETH to the upside. The market has also held above the $3,000 support level, and investors are hoping for a rally toward the $3,600 resistance zone in…

Ethereum

Solana (SOL) Skyrockets 319% Amid Exciting Q1 DEX Volume Surge

Solana, the fifth-largest cryptocurrency by market capitalization, has emerged as a standout performer in the first quarter. On-chain analytics firm Messari released an insightful Q1 report detailing this growth. Per Messari's "State of Solana Q1 2024," Solana's average daily spot DEX volume skyrocketed by an astonishing 319% to $1.5 billion over the last quarter as DeFi volume grew. .@solana has become the home for retail users. QoQ Metrics - DEX Volume ⬆️ 332% - Revenue ⬆️ 597% - Total raised in ecosystem ⬆️ 51% - Market cap ⬆️ 97% Check out the full Q1 report by @ph0rt0n 👇https://t.co/hYA1d2ZPY6 pic.twitter.com/egpv6U9Rl8 —…

Altcoins

Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports

Nigeria wants the Binance executive who custody and fled to Kenya to be extradited. Local media outlets have reported that Nigerian government officials are expecting Nadeem Anjarwalla to be returned to the country within the week. Nadeem Anjarwalla, an executive at crypto exchange Binance who recently escaped Nigerian custody, has been located in Kenya and faces extradition, multiple local media outlets have reported. Nigerian authorities have found Anjarwalla in Kenya and are working with Kenyan authorities to bring the executive back to the country, Nigeria’s Daily Post reported last week, citing government sources. Nigerian newspaper The Punch reported on Monday,…

Regulation

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Bitcoin miners may shift towards AI due to the potential for higher revenue, CoinShares said. The average bitcoin production cost post-halving is about $53,000. Some miners are actively managing financial liabilities and are using excess cash to pay down debt, the report said. Crypto miners may shift towards artificial intelligence (AI) in energy-secure locations following the bitcoin (BTC) halving due to the potential for higher revenue, CoinShares (CS) said in a report on Friday. The quadrennial halving, which slows the rate of growth in bitcoin supply by 50%, occurred on Friday evening. Coinshares notes that mining companies like BitDigital (BTBT),…

Mining

Bitcoin Price to Hit $360,000 One Year Post-Halving: CoinLedger

CoinLedger predicts Bitcoin price could reach $360,000 one year after its 2024 halving, based on an analysis of price movements following previous halving events. According to the findings shared by the crypto tax service provider CoinLedger, the study focused on the outcomes of past halving events to estimate Bitcoin’s future price. By averaging the post-halving price increases observed in 2012, 2016 and 2020, CoinLedger provided a forecast for Bitcoin’s potential valuation in the year following the scheduled 2024 halving event. Price Prediction 3 and 6 Months Post Halving “In 2016 the price on the halving day was $650; after three…

Bitcoin