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.

Bitcoin Bull Flag Points To New $77,000 ATH: Analyst

Bitcoin (BTC) is poised for a potential surge after forming a bullish technical pattern and attracting a wave of institutional investment. The world’s leading cryptocurrency recently surpassed the $70,000 mark, setting the stage for a possible breakout that could eclipse its current all-time high of $73,750. Related Reading: From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory This optimistic outlook comes from analyst Ali Martinez, who identified a bull flag pattern on Bitcoin’s 4-hour chart. This technical indicator typically follows a significant price increase and signifies a consolidation period with a slight downward trend. However, the decreasing trading…

BitcoinMar 30

Shytoshi Kusama Spotted in New York City, Community Puzzled

The pseudonymous leader of the Shiba Inu team known as Shytoshi Kusama continues to travel around the world, adjusting his location status on Twitter/X. This time, Kusama’s location mark shows “NYC.” SHIB fan from Japan @kuro_9696_9696 has drawn the Shiba Inu community’s attention to that. Shytoshi Kusama's current location is... 👀 📍NYC 🤔 pic.twitter.com/cQzY3g7Zgn — KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) March 19, 2024 Shytoshi Kusama keeps changing locations As reported by U.Today, approximately a week ago, Kusama changed locations in several countries of the world (located quite far from each other) within a couple of days – Kioto-fu in Japan, Pittsburgh, Pennsylvania,…

AltcoinsMar 30

Detained Binance exec sues Nigeria over 'human rights violations'

Detained Binance executive Tigran Gambaryan has initiated legal action against Nigerian authorities, including the National Security Adviser (NSA) Nuhu Ribadu and the Economics and Financial Crime Commission (EFCC), over allegations of human rights violations. Gambaryan, an American citizen overseeing the exchange’s crime investigation unit, was detained alongside his colleague Nadeem Anjarwalla by Nigerian authorities on Feb. 26 as part of investigations into the platform’s operation in the West African country. Meanwhile, the Nigerian authorities’ tax evasion case against the crypto trading platform and its executives is expected to commence on April 4. Human rights violation Gambaryan reportedly filed a motion…

RegulationMar 30

Coinbase's L2 Network Base Surpassed $1 Billion in TVL

Coinbase's layer-2 network, Base, is gaining some serious traction, with $1 billion in Total Value Locked (TVL). Realistically, Base is probably the hottest L2 network right now. A lot of people are joining in and sticking around, and the network's TVL confirms this thesis. Base has been attracting attention thanks to the many projects and popular trends that are active on it. Even though the buzz might not last forever — since Base does not offer anything too out of the ordinary — it is still catching people's eyes for the time being. One of the reasons people are drawn…

BlockchainMar 30

'Rich Dad Poor Dad' Author Says Time to Buy ‘Real Bitcoin’ as Giant Bank Goes Bust

Robert Kiyosaki, a financial expert, investor, also known as the author of the classic book on personal finance management “Rich Dad Poor Dad” has addressed his Twitter/X followers with a tweet revealing a new huge reason why it is a perfect time for buying Bitcoin now. "Another giant bank in China goes bust", "time to get real Bitcoins" Robert Kiyosaki issued a large tweet stating that “another giant bank in China went bust.” Apparently, the “Rich Dad Poor Dad” author is referring to the erosion of the balance sheets of largest Chinese banks at the moment because of their real…

BitcoinMar 30

Pundit Says XRP May Dump to $0.10 After AMM Goes Live

While the XRP Army anticipates the automated market maker (AMM) functionality on XRP Ledger going live in a few days, a notable community figure has suggested XRP’s price could crash significantly. XRP community investigator Mr. Huber has urged XRP holders to prepare for the asset’s potential reaction after the AMM finally launches. Mr. Huber drew inspiration from the occurrence with XRP’s prominent rival, Stellar (XLM). XRP Crashing Like XLM After AMM In particular, the investigator cited that XLM’s value collapsed by over 80% after its AMM functionality went live in late 2021. Notably, market data substantiate this claim. Just to…

AltcoinsMar 30

Where Will Sam Bankman-Fried Be Sent to Prison? The Options Are Bleak

Sam Bankman-Fried shouldn’t expect to get Adderall or good vegetarian cooking where he’s headed, according to a federal prison system expert. He’ll be lucky if he’s able to avoid gang violence, as he’s most likely headed to a medium-security prison. On Thursday, a Manhattan judge sentenced the disgraced FTX founder to 25 years in federal prison—a length of time that has key implications for what prison he will now be sent to. According to Christopher Zoukis, a federal prison consultant, precedent suggests that convicts like Bankman-Fried who receive sentences of 25 years or longer are likely to be sent to…

RegulationMar 30

Diamonds Arrive on a Blockchain With New Tokenized Fund on Avalanche Network

The security token backed by the Diamond Standard Fund is listed on the regulated Oasis Pro Markets, eligible for IRAs and available for institutional investors such as pension funds and endowments. The offering makes the "$1.2 trillion natural resource accessible to investors via a more convenient, tradable fund," the CEO of Diamond Standard said. Diamonds are the latest conventional asset to get the cryptocurrency industry's red-hot tokenization treatment, as the precious stones will now be accessible on blockchain rails for investors. Crypto securities trading platform Oasis Pro created a token on the Avalanche C-Chain that represents a stake in the…

BlockchainMar 30

Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager

Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 mark. The analysis hinges on the identification of a Wyckoff ‘Sign of Strength’ (SOS), a concept derived from the century-old Wyckoff Method that studies supply and demand dynamics to forecast price movements. Understanding The Wyckoff ‘SOS’: Bitcoin To $100,000? The Wyckoff Method, developed by Richard D. Wyckoff, is a framework for understanding market structures and predicting future price movements through the analysis of price action, volume, and time. The ‘Sign…

BitcoinMar 30

Swell and OKX Partner to Boost DeFi and Layer 2 Solutions

Leading decentralized finance company Swell recently announced a partnership with premiere cryptocurrency exchange OKX. In their joint announcement, the two groups said they hoped to leverage a growing demand for fast and inexpensive crypto solutions. They added that by joining forces, they are helping to develop DeFi and Layer 2. OKX’s Layer 2 and Swell’s rested role together are workable because they operate with Polygon’s Crypto Development Kit. OKX has been very active in expanding its ecosystem with new partnerships. Swell is collaborating with OKX’s L2! 🤝🌊 The new collaboration will unlock powerful synergies between Swell’s restaked rollup and @OKX's…

DeFiMar 30