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.
Digital asset strategist at VanEck and Tether Gabor Gurbacs shared his opinion on whether the mysterious Bitcoin creator Nakamoto remains alive now. Gurbacs also revealed “one of the best things Satoshi did” for the Bitcoin community. “Is Satoshi still alive?” Here’s Gurbacs’s theory Gabor Gurbacs took to the Twitter/X social media platform to tweet what he believes to be “one of the best things Satoshi did” for Bitcoin and therefore for its community in general. According to VanEck’s executive, it was Satoshi Nakamoto’s disappearance from the nascent cryptocurrency stage. It is thanks to Satoshi’s choosing to go disappear that Bitcoin…
Ethereum (ETH) is currently trading in the green, defying the broader market trend. According to CoinMarketCap data, ETH is trading at $2,407.35 with a 4.6% surge in value over the last 24 hours. World Of Charts, a prominent analyst on X, recently shared insights on Ethereum’s current trend. According to the analyst, Ethereum is consolidating within a bullish pennant. In the event of a successful breakout, analysts predict a significant move towards the $3500 mark. Crypto trader Skew echoed this sentiment, emphasizing the importance of the $2320–$2382 range as a strong resistance zone. Notably, this level has witnessed multiple rejections,…
Pro-XRP lawyer Bill Morgan has raised a pertinent question regarding Ripple’s potential Initial Public Offering in the United States. Attorney Morgan raised the question in response to predictions from Wall Street financial expert Linda P. Jones, who forecasted that Ripple’s much-anticipated IPO might occur in May 2024. “I think there’s an opportunity if Ripple wants to go public next year. Mid-May would be an ideal time, right around May 15,” Jones said in an interview with Linqto. Notably, Jones’ opinion was also shared by online betting platform Dinobet.io in a tweet last year. The official X handle quizzed whether Ripple’s…
The Hard Fork that removed the Shielded Pool feature, a major milestone for the Horizen (ZEN) ecosystem, was successfully activated at Block Height 1502800 on the Horizen mainchain earlier today. Horizen Completes Hard Fork: ZEN Moves Away from Privacy Token Status With this development, it has now become official. ZEN is no longer classified as a privacy token. Hard fork uygulamasının ardından, Shielded Pool’u içeren tüm işlemler reddedilecek ve ileriye dönük olarak yalnızca şeffaf işlemler (t -> t) kabul edilecek. Özellikle, madencilik havuzları beklendiği gibi çalışmakta ve düzenli madencilik etkilenmeden devam etmektedir. This achievement is the result of a community-driven…
Bitcoin has been on an upward trajectory for a while now, witnessing a significant rally within the broader crypto market and reaching the $64,000 threshold on Sunday, as analysts have identified trends that could decide the asset’s next direction. Bitcoin Poised To Witneesed A Rally Or Dip In Short Term Cryptocurrency analyst and trader Ali Martinez has taken to the social media platform X (formerly Twitter) to share his insights on Bitcoin’s price action in the short term with the crypto community. Martinez has spotted an area that could either lead to an uptick or a correction. Ali Martinez highlighted…
Bitcoin’s (BTC) price has garnered significant attention recently as it edges closer to the $50,000 mark, driven by a bullish weekly divergence. Top crypto analyst Michaël van de Poppe took to X (formerly Twitter) to highlight Bitcoin’s impressive trajectory, noting its recent break above the $48,000 barrier. The renowned analyst remarked that the Bitcoin price is looking at the resistance, highlighted by a massive weekly candle that had pushed Bitcoin back above $48,000. He expressed his interest in seeing what the price would do around $50,000 in the upcoming 1-2 weeks, thereby underscoring the critical resistance level that Bitcoin faces.…
Ethereum Might Turn Bearish Near $2,400 As MVRV Signals Selling Opportunities Amid Declining Whale Interest
Ethereum has recently witnessed a notable uptick, with its value ascending towards the $2,400 threshold, mirroring Bitcoin’s stable position above $46,000. This surge comes at a crucial time, just as the market anticipates the SEC’s imminent decision today. The anticipation has brought a spike in purchasing interest, sending the ETH price towards a critical test of its resistance level. Despite this momentum, current on-chain data indicate that Ethereum may encounter a downward adjustment at this key resistance point. Additionally, declining interest from large-scale investors, or ‘whales’, could potentially slow down Ethereum’s ability to follow Bitcoin’s upward trajectory. Heavy Liquidation As…
Egypt reportedly aims to launch a central bank digital currency by 2030 to boost the competitiveness of its national currency. According to an Egyptian economic expert, a digital currency issued by the central bank is more secure than privately issued cryptocurrencies. Enhancing Monetary Policy Efficiency According to a report, Egypt plans to issue a central bank digital currency (CBDC), the e-pound, by 2030. The Central Bank of Egypt (CBE) will issue this digital currency, which is expected to boost the competitiveness of Egypt’s national currency and enhance the efficiency of monetary policy. Details of the North African country’s CBDC goals…
Dymension is a blockchain platform that has celebrated its mainnet launch, with the cryptocurrency underlying it gaining traction after recording new highs. For the last two days, DYM has observed extraordinary growth in value of over 92%, recording an all-time high of $8.31. At press time, DYM was trading at $7.77, a 17.87% surge from the intra-day low. DYM/USD 24-hour price chart (source: CoinStats) During the rally, DYM’s market capitalization and 24-hour trading volume surged by 17.92% and 63.89%, respectively, to $1,138,271,808 and $634,552,820. Mainnet Launch Fuels Investor Optimism The Dymension mainnet launch has been a pivotal event, contributing to…
10x Research CEO Markus Thielen, who knew about Bitcoin’s decline to $ 38,000, shared a new analysis. Referring to his January report in which he described the downward trend in Bitcoin as over and the 43,800 level as a critical breakout level that could quickly move it to 48,000, Thielen evaluated whether it was time to sell BTC in his new report. The analyst, who stated in his other reports that February was in an upward trend and that 52,000 could be reached in his analysis, said that in February, according to historical data, there is a 70% probability that…