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.

LightCycle Leads the Revolutionary Metaverse Concert: Collaborating with Robbie Williams to Create the Future of Music Experience

MetaverseFeb 1

As we enter a brand new period in digital artwork and leisure, LightCycle companions with international music icon Robbie Williams for a groundbreaking metaverse live performance. Bybit Web3 joins because the official ticketing accomplice, marking a singular tribute to Williams’ profession and an revolutionary mix of music, know-how, and digital artwork. As a pioneer in tech and creativity, LightCycle focuses on utilizing superior metaverse tech to supply an immersive music expertise globally. On this live performance, LightCycle will show its experience in VR, AR, and blockchain, guiding audiences into a brand new period of digital leisure. Bybit and LightCycle Collaborate:…

Analyst Outlines Key Points Ahead Of Event

BitcoinFeb 1

Anticipations for the upcoming Bitcoin halving event are high in the cryptocurrency community, with hopes of BTC witnessing a massive rally post-event. Nonetheless, several key factors should be considered prior to the halving. Important Considerations Ahead Of The Impending Bitcoin Halving Ali Martinez, a famous cryptocurrency analyst has revealed the major key points investors need to watch out for ahead of Bitcoin halving. The analyst shared his opinions on the subject through the social media platform X (formerly Twitter). In the X post, Martinez pointed out just four important factors to consider as the event drew near. The upcoming halving,…

Bitcoin Set For Weekend Rally Amid New Banking Crisis: Hayes

BitcoinFeb 1

Arthur Hayes, the founder of BitMEX, has offered an in-depth analysis of the current financial landscape and its potential impact on Bitcoin, especially in light of the recent challenges faced by New York Community Bancorp (NYCB) and the broader banking sector. Hayes’s analysis draws on the complex interplay between macroeconomic policies, banking sector health, and the cryptocurrency market. His comments are particularly insightful given the recent developments with NYCB. The bank’s stock plummeted by 46% due to an unexpected loss and a substantial dividend cut, which was primarily attributed to a tenfold increase in loan loss reserves, far exceeding estimates.…

Analyst Sees Spot Ethereum ETFs Fueling Bull Run

EthereumFeb 1

A crypto analyst, Eric, believes Ethereum (ETH) could spike to $20,000 in the upcoming bull run. The analyst said the potential launch of spot Ethereum exchange-traded funds (ETFs) in the United States will propel this upswing. Ethereum To $20,000 Possible In a post on X, Eric cited Ethereum’s historical tendency to mirror Bitcoin (BTC), albeit with a one-cycle lag. In the previous bull market, the analyst noted that Bitcoin surged 22-fold from $3,100 to $69,000. Therefore, if Ethereum follows a similar trajectory, reaching $20,000 would be a realistic possibility. Ethereum price trending upward on the daily chart | Source: ETHUSDT…

SEC may approve Spot Ether ETF on May 23, anticipates Kendrick

EthereumJan 31

It has been less than 30 days since the US Securities and Exchange Commission gave the green light to Bitcoin ETF applications. Now, another crypto ETF is on the horizon. A Standard Chartered Bank representative said there is a high possibility for the Commission to approve the first batch of Spot Ethereum ETF applications. They have added that the pattern will be more or less the same, wherein the SEC first rejects applications and then approves them when they meet requirements. Geoffrey Kendrick, the Head of Forex and Digital Assets at Standard Chartered Bank, has also said that the value…

Crypto Analyst Predicts Bitcoin To Reach $60,000, Here's Why

BitcoinJan 31

Amid the recent rally that Bitcoin (BTC) experienced at the start of the week, several well-known cryptocurrency analysts seem to be bullish about the largest crypto asset, delivering multiple positive predictions for BTC in the short and long term. Bitcoin Poised To Hit The $60,000 Price Mark One of the famous crypto analysts who has recently shared exciting and positive predictions for Bitcoin is Ali Martinez. Martinez, known for his enthusiasm for cryptocurrency, took to the social media platform X (formerly Twitter) to share his projections with the community. The analyst’s prediction delves into the Market Value to Realized Value…

Vitalik Buterin shares crypto+AI applications' promises and challenges

BlockchainJan 31

Vitalik Buterin, the co-founder of Ethereum, has highlighted that there are certain promises and challenges that the combination of AI + crypto brings with it. This comes in the wake of both technologies gaining momentum. Their adoption is rising with time, and implementation is only obvious. Buterin believes that both will coexist to the extent that they will progress to heights of collaboration. The crux of his explanation is that crypto’s decentralization and AI’s centralization will balance each other out. Their intersection is in seven layers: data ownership, transparency, cost-cutting, monetization, inclusiveness, innovation, and competition. There are differences, too, apart…

3 Signs That A Bitcoin Supply Shock Could Be Just Days Away

BitcoinJan 31

The Bitcoin community is currently abuzz with discussions of an impending supply shock, a market phenomenon where demand outstrips supply, potentially leading to a substantial price increase. Indicators from various sectors within the market are currently converging, suggesting that such an event may be closer than many anticipate. Here’s an in-depth look at three signs for an impending supply shock: #1 Surging Demand For Bitcoin ETFs Bitcoin ETFs have been creating an exceptionally large demand since their launch. Initially, this demand surge was somewhat moderated due to significant outflows from the Grayscale Bitcoin ETF (GBTC). However, day 13 of the…

Ethereum ETFs Approval Date Set For May 23, Forecasts Suggest ETH Could Reach $4,000

EthereumJan 31

The Securities and Exchange Commission (SEC) is poised to follow a similar approach to approving spot Bitcoin (BTC) exchange-traded funds (ETFs) for spot Ethereum ETFs, with the expectation that approval will be granted on the initial final deadline of May 23, as per Standard Chartered Bank analysis. Ethereum ETFs Face Delays, Approval Remains Likely According to a report by The Block, Geoffrey Kendrick, head of forex and digital asset research at Standard Chartered Bank, stated that they expect pending applications for spot Ethereum ETFs to be approved on May 23, which is considered the equivalent date to January 10 for…

Bitcoin Price Could Hit New All-Time High Before Halving

BitcoinJan 30

The Bitcoin market is currently experiencing a turning point, largely driven by recent trends in Bitcoin exchange-traded funds (ETFs). Yesterday, Bitcoin’s price rose above $43,000, a movement closely tied to changing dynamics in ETF inflows and outflows, particularly involving the Grayscale Bitcoin Trust (GBTC). On January 29, (Bitcoin ETF Day 12), a notable shift occurred. The Bitcoin spot ETFs witnessed a substantial net inflow of US$255 million, while Grayscale’s GBTC experienced a significant net outflow of $191 million. The other nine ETFs, led by Fidelity and BlackRock, saw a combined net inflow of $446 million, making it the third-highest inflow…