Author: NBTC

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.

BTC Indicator Signals Next Key Target

Bitcoin, the largest cryptocurrency by market capitalization, extended its recent advances, breaking beyond $73,000 to hit a new all-time high. Bitcoin's price was last up 0.97% at $72,486, according to CoinMarketCap data. It previously touched an all-time high of $73,709 during today's trading session. With each price increase, investors and analysts eagerly anticipate the next key target for Bitcoin's ascent. Eyes are currently on the $80,000 mark, which may act as a psychological barrier for the BTC price; however, bullish indicators suggest that Bitcoin has the potential to surpass this level and set its sights on even higher targets. A…

BitcoinApr 21

Top 10 Solana competitors to consider amid transaction failures

Solana (SOL) network issues have escalated affecting investors’ confidence and preventing the proper use of its decentralized finance (DeFi) ecosystem. In this context, Finbold selected ten Solana competitors to consider using and investing amid transaction failures affecting its experience. Notably, over 69% of all Solana transactions received by validators failed to receive votes for confirmation on April 7. Finbold retrieved this data from Dune Analytics, posted by Dune‘s user and analyst, scarn_eth. Moreover, the transaction failure rate went as high as 75% a few days ago. Yet, the analyst explained the network issues go beyond this data. This is due…

AltcoinsApr 21

Nakamoto Games Unveils Global Expansion Plans Amid Crypto Market Recovery

Nakamoto Games expands globally, establishing a new gaming studio in Turkey. Unveils NAKAGO parkour game prototype, setting new standard in crypto gaming. Community anticipates bullish times as Nakamoto Games fuels post-halving market. In the wake of the successful Bitcoin Halving event and the gradual recovery of the crypto market, bullish sentiments are sweeping through the majority of the community. Adding to the optimism, Nakamoto Games, a prominent player in the crypto gaming space, has made bold statements and exciting announcements for its ecosystem. Nakamoto Games continues to fuel the post-halving bull market. Today, we're proud to bring you a surprise…

GameFiApr 21

Bitcoin Price Surge Could Continue Despite Record Highs, CryptoQuant Analysis Suggests

Bitcoin (BTC) has the potential to record more substantial price surges, according to a CryptoQuant analysis, despite recently hitting a new all-time high above $73,000. A recent report from Axel, a CryptoQuant Research and Data Analyst, indicates that Bicoin could continue its upward trajectory, even after surpassing the $73,000 mark. Notably, BTC surged to a new ATH of $73,650 today after breaching $72,000 two days ago. The leading crypto asset has faced a mild drop following the $73,650 high, but the CryptoQuant analysis suggests the uptrend is in its infancy. The analysis focuses on a metric known as the UTXO…

BitcoinApr 21

Dogecoin (DOGE) Price Soars 5% as Crucial Metrics Go Bullish

Dogecoin (DOGE), a meme-inspired cryptocurrency, has been experiencing bullish momentum in recent trading sessions following a brief period of consolidation earlier this week. As of the latest data, DOGE is trading at $0.1945, marking an impressive 5.72% increase over the past 24 hours. Over 30 days, the cryptocurrency has surged by 27.84%, showcasing a significant uptrend in its price. The recent surge in DOGE's price can be attributed to several bullish metrics that have emerged in its favor. According to data from CoinGlass, the trading volume of Dogecoin has increased by 6.13%, reaching a substantial $3.41 billion. This surge in…

AltcoinsApr 21

'Autopsy Report' of Bitcoin Critic Jim Cramer ETF Unleashed

Eric Balchunas, Senior ETF Analyst at Bloomberg, has provided insights on the autopsy report of the defunct Inverse Cramer Exchange-Traded Fund (ETF). Jim Cramer's ETF design flaws Balchunas pointed out critical flaws that plagued the ETF from its inception. The analyst noted that the fund, designed to capitalize on Cramer's stock picks through a long-short strategy, failed to attract investor interest due to high fees and a flawed design that hindered its performance even during favorable market conditions. Unlike traditional ETFs that typically adopt either a long or short position, the Inverse Cramer ETF followed a long-short strategy, where many…

BitcoinApr 21

Ethereum Poised to Retest $3.5K as Bullish Sign Reappear (ETH Price Analysis)

After experiencing a rapid downturn, Ethereum has found itself supported by a substantial zone, comprising the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. Consequently, a bullish rebound is anticipated in the medium term. By Shayan The Daily Chart A thorough examination of the daily chart reveals an extended period of corrective retracements, culminating in the price finding support within a pivotal zone. This zone encompasses the 100-day moving average at $3050 and the significant price range between the 0.5 ($3190) and 0.618 ($2972) Fibonacci levels. This range carries significance as it attracts…

EthereumApr 21

Andre Cronje to Help Launch Meme Coins on Fantom

Fantom is the latest Layer 1 blockchain actively courting meme coins amid the wave of explosive growth these assets have had. Andre Cronje, the network’s founder, disclosed his ongoing examination of meme coins and the potential potential integration into Fantom. Fantom’s Andre Cronje Eyes Community Safe Meme Coins Cronje revealed that he is currently working on crafting a framework for launching, nurturing, and safeguarding community-centric meme coins. However, this endeavor has left him feeling exasperated, owing to the inherent volatility and limited utility linked to these digital assets. Still, this initiative hints at Fantom’s imminent entry into the expanding array…

AltcoinsApr 21

Bitcoin Price Should Keep Grinder Higher As Long as There’s Inflows

On March 13, 2024, Michael Novogratz, CEO of Galaxy Digital, joined CNBC’s “Squawk Box” to delve into the latest Bitcoin rally, examining the factors driving this surge, its implications for the broader cryptocurrency market, and the potential for a spot Ethereum ETF. The Drivers Behind Bitcoin’s Latest Rally Novogratz emphasized that the recent surge in Bitcoin’s price, which saw it surpass the $73,000 mark, is largely an adoption story, propelled by a shift in mindset towards broader acceptance of Bitcoin in the U.S. This acceptance, according to him, is reflected in political developments and an increasing interest from Baby Boomers…

BitcoinApr 21

AI predicts Ethereum price for May 1, 2024

Ethereum (ETH) has recently experienced notable volatility amid market price fluctuations. Despite this uncertain environment, Ethereum aims to maintain its price above the crucial $3,000 support zone. Part of the volatility can be attributed to increased whale activity involving ETH, as significant amounts of the token are being transferred to exchanges. For instance, Whale Alert data on April 20 indicated that 10,911 ETH, valued at approximately $33.52 million, was transferred to Coinbase. Such large movements to major exchanges like Coinbase raise concerns about sustained volatility in Ethereum’s price, especially considering the decentralized finance (DeFi) asset’s susceptibility to overall market bearish…

EthereumApr 21