Author: NBTC

Bitcoin spot ETFs in the United States have collectively breached $3 billion in net flows roughly one month after birth, blasting past the performance of gold ETFs when they were launched 20 years ago. This milestone comes even inclusive of Grayscale’s fund, which has seen only outflows as long-term investors cash out—many likely moving to competitive offerings. Excluding Grayscale, inflows are closing in on $10 billion, according to data from BitMEX Research. As of late Monday, inflows across those other Bitcoin spot ETFs tallied more than $9.6 billion worth. In a Tuesday Twitter post, Bloomberg ETF analyst Eric Balchunas said…

DENVER, COLORADO – Robinhood, a popular trading platform for stocks and crypto, announced Thursday at ETHDenver that it will allow users of its Robinhood Wallet to access swaps on Arbitrum, a layer-2 blockchain atop Ethereum. Arbitrum’s ARB token surged on the news, jumping more than 11% moments after the announcement. According to a press release seen by CoinDesk, Robinhood Wallet users to transact with Arbitrum, and over the next few months, the two entities will be working “to support access to cross-chain swaps and other campaigns that lower the barriers to use Web3 on Robinhood Wallet.” Arbitrum is an auxiliary…

Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving average to the upside. It has been making consistently higher highs and lows, with the Relative Strength Index showing values above 50% the whole time. Yet, the $2,700 resistance level decisively rejected the price to the downside last week. The market is currently consolidating below…

Solana-based communications startup Dialect is out with a “conversational” trading bot for traders who want to buy and sell tokens right from their Telegram chat apps. Called Dialect Operator, it’s the latest so-called Telegram bot that turns texts into trades. The bot receives the Telegram user’s command, sets up their order and executes. This can be faster than setting up the trade one’s self on Jupiter – so long as the user knows what they’re doing. While Telegram bots have been around for months on Ethereum they’re relatively new to Solana. But that smaller ecosystem’s recent meme coin frenzy was…

Ripple and its founders and cryptocurrency exchanges occupy top entries on the XRP rich list in 2024. Out of the total circulating supply of XRP, 20.38% of all coins are controlled by the top 10 addresses. Addresses between the 10th and 50th spot on the list control 28.71%, while the remaining addresses hold 50.91% of the XRP circulating supply. XRP is one of the largest digital assets in terms of total dollar value. With a market cap of over $28 billion, the native cryptocurrency for the Ripple Network is owned by millions of investors worldwide. Despite the decline in its…

Data from prominent market intelligence platform Glassnode has shown considerable profit-taking by Bitcoin traders during recent market gains. Market participants called attention to the trend in numerous posts on X. Citing data from Glassnode, they claimed short-term Bitcoin holders have unloaded over $4 billion in profit through crypto exchanges. The massive sell-off was said to have occurred in two waves. The first was between last Thursday and Friday, followed by the second batch over the weekend. According to CoinMarketCap data, BTC broke into the $44k to $45k range between Thursday and Friday, marking a new threshold since its decline to…

Explore Ethereum Name Service (ENS) future prospects, its growth and the evolving role in the web3 and crypto space. Recently, the Ethereum Name Service (ENS) has seen a remarkable surge in its market performance, capturing the crypto community’s attention. This surge is closely linked to ENS domains’ growing popularity and utility within the crypto ecosystem. In early Jan. 2024, Ethereum’s (ETH) co-founder Vitalik Buterin highlighted the importance of ENS in the broader Ethereum landscape, prompting a notable boost in trading activity surrounding the ENS token price. As of Jan. 19, the ENS token is valued at around $19, a notable…

Bitfinex Securities launched in September 2021 in the Astana International Financial Centre in Kazakhstan to provide a venue for capital raises and secondary sales of registered securities. Since that time, Bitfinex has continued to invest in this entity. In September 2022, it announced that it had “added a dedicated headcount to the team…designed internal audit procedures, and developed a pipeline of tokenised securities.” Bitfinex Securities has also continued to seek out other licenses, noting on its website that it is also regulated in El Salvador, with the Bitfinex Securities El Salvador S.A. de C.V. entity being the first to receive…

In a notable transaction that caught the attention of cryptocurrency enthusiasts and investors, a substantial amount of Solana (SOL) worth approximately $10.5 million was transferred to the Binance exchange. The transaction, involving 99,999 SOL, was highlighted by Whale Alert, a popular service that tracks significant blockchain transactions. 🚨 99,999 #SOL (10,511,803 USD) transferred from unknown wallet to #Binancehttps://t.co/ja1NVXWANQ — Whale Alert (@whale_alert) February 12, 2024 The funds were moved from an unknown wallet, stirring speculations about potential market movements and the intentions behind this significant transfer. The reasons behind the substantial transfer to Binance remain speculative. Large movements of cryptocurrency…

Amid the upcoming Bitcoin halving event, the cryptocurrency market demonstrates an increase in trading activity and market sentiment that points out the probability of significant price movement. Similarly, Bitcoin has recently achieved a significant milestone during the rally, breaking the 0.618 retracement level for the first time before a halving event. For the first time in its history, #Bitcoin has broken the 0.618 retracement before the halving. The strongest start to a new bull cycle, ever. 2 months to go until the halving event, this cycle will probably play out differently than the others. pic.twitter.com/fGlC0uEkp7 — Jelle (@CryptoJelleNL) February 13,…