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.

American Investors Say They Invested More in Shiba Inu Than Solana and Cardano

According to a survey conducted by ConsenSys, 17% of American crypto investors revealed that they once invested in Shiba Inu or currently hold the token. Crypto investors have been showing significant interest in Shiba Inu (SHIB), the 10th biggest cryptocurrency by market capitalization. This was reflected in a recent survey conducted by ConsenSys, a private blockchain company launched by Ethereum co-founder Joseph Lubin. American Investors’ Appetite for Cryptos Notably, 1,018 respondents residing in the United States participated in the survey. Data suggests that 50% of the respondents claimed they had invested in crypto at some point, while the remaining 50%…

AltcoinsApr 8

Want To Track the Speculative Frenzy in Bitcoin Market, Here’s How

The spread between next-month and front-month bitcoin futures contracts can offer insights into the level of speculation in the market, one analyst. An above $1,000 spread on the CME has marked previous bull market tops. The spread recently widened beyond $1,000. Speculative frenzy, or periods of intense speculation characterized by irrational exuberance and greed, is an infamous sign of an impending market top. However, tracking signs of speculative frenzy in the bitcoin (BTC) market requires access to and understanding of sophisticated indicators like perpetual funding rates and social trends. But there is another surprisingly more straightforward way: tracking the spread…

BitcoinApr 8

Powell Doping in Bitcoin! Analysts Evaluated BTC and Ethereum After the FED Decision and Explained Their Expectations!

Yesterday, the FED announced its interest rate decision for March and left interest rates constant in line with expectations. Speaking after the interest rate decision, FED President Jerome Powell was expected to make a hawkish speech regarding the inflation figures that came above expectations, but Powell had a dovish approach. Powell's dovish attitude had a positive impact on Bitcoin and cryptocurrencies and there was an increase. Evaluating the impact of the FED's decision and Powell's speech on BTC and cryptocurrencies, QCP Capital analysts said that this rise appears to be spot-focused. In addition, analysts stated that the downward fear towards…

BitcoinApr 8

Over 150 Million Dogecoin (DOGE) Transferred to Robinhood

In a significant transaction, over 150 million Dogecoin (DOGE) were transferred from an unknown wallet to the popular trading platform Robinhood. The movement, amounting to approximately $26.4 million, was captured and reported by Whale Alert, a prominent blockchain tracking service. This considerable shift in Dogecoin holdings has sparked a wave of speculation and interest within the community. Robinhood, known for its user-friendly platform, has become a popular choice for retail investors and cryptocurrency traders alike. The platform's involvement in this transaction has led to various interpretations, with some suggesting that large institutional investor or a group of investors might be…

AltcoinsApr 8

Major Bitcoin ETF Warning Made by Samson Mow, Hold Tight

Samson Mow, Jan3 boss and a strong believer that Bitcoin will soon reach a $1 million price mark, has made an important comment about the current outflows registered by spot Bitcoin ETF providers. He has warned the cryptocurrency community about the future reverse of events that he expects to happen. Spot Bitcoin ETF facing massive outflows Over the past few days, spot-based Bitcoin exchange-traded funds have been seeing staggering outflows – an astounding $742 million within three days this week. Experts believe that these outflows were largely triggered by yet another massive withdrawal of Bitcoin from Grayscale Bitcoin Trust (GBTC),…

BitcoinApr 8

There is more to NFTs than a marketing tool for corporations

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In boardrooms across corporations, a quiet revolution is underway as executives and creative teams find new ways to utilize unique blockchain-based tokens in their marketing strategies. Dubbed digital collectibles—a term aimed at simplifying the concept for consumers—non-fungible tokens (NFTs) are being seamlessly integrated into products of major corporations to breathe new life into both virtual and physical customer experiences. You might also like: NFTs will remain a permanent fixture in society | Opinion Long gone are the…

NFTApr 8

Shiba Inu (SHIB) Surges 198% as Whales Make Epic Comeback

Dog-themed cryptocurrency Shiba Inu (SHIB) experienced a staggering surge of 198% in whale activity, marking the return of large investors known as whales. This epic comeback has captured the crypto community's attention, fueling speculation about the factors driving this sudden influx of whale activity and its implications for SHIB's price trajectory. According to IntoTheBlock data, large transaction volume, which estimates the total amount transacted by whales daily, has increased by 198.92% in the last 24 hours. Following days of steady declines from highs of 62.92 trillion SHIB on March 5, large transaction volumes fell to 5.74 trillion SHIB on March…

AltcoinsApr 8

Why Is Bitcoin Price Up Today? Key Reasons Explained

Within the last 24 hours, the market witnessed a significant rally in the Bitcoin price, which soared by 10% from a daily low of $60,805 to a peak of $68,250. This remarkable price movement can be attributed to several key factors, including yesterday’s Federal Open Market Committee (FOMC) meeting, a notable change in the Coinbase Premium, and Bitcoin’s technical breakout from a downtrend channel. #1 FOMC Meeting: Dovish Remarks By Jerome Powell Fuel Optimism As reported yesterday, the macro environment came back into focus for Bitcoin and crypto following the hotter than expected Consumer Price Index (CPI) and Producer Price…

BitcoinApr 8

zkLink unveils $20M grant program for Layer 3 builders

zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects that utilize zkLink’s technology. Grants will be released depending on the effect of the projects, their technical viability, and being in sync with zkLink’s aim for furthering privacy and upgradability in blockchain technology. According to the founder and CEO of zkLink, Vince Yang, their priority is to strengthen builders to unveil their expertise in creative aspects and boost inventiveness in…

AltcoinsApr 8

Bitcoin Surges Back as BTC Reclaims $67K

After some no good, very bad days for Bitcoin that saw the world's oldest and largest cryptocurrency sink below $62,000, BTC has come surging back. BTC rose as high as $68,120.08 early Thursday morning. By mid-morning the Bitcoin price had settled to $66,828.32 after having gained 6% in the past 24 hours, according to CoinGecko data. It's still not quite level with its price from a week ago—but then it was this time last week that Bitcoin soared past $73,000 to set a new all-time high. Crypto prices tanked at the start of the week, due in part to some…

BitcoinApr 8