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.

Bitwise CIO Equates Bitcoin ETF Impact To 1.4 Halvings

BitcoinJan 16

Following last week’s launch of 11 spot Bitcoin exchange Traded-Funds (ETFs) in the United States, Matt Hougan, Chief Investment Officer (CIO) at Bitwise, has offered a compelling perspective on the potential impact of these ETFs on the Bitcoin market. His remarks come at a critical juncture, with the next Bitcoin halving event anticipated in mid-April 2024. Spot ETFs Could Have Impact Like 1.4 Bitcoin Halvings Hougan draws a parallel between the impact of Bitcoin ETFs and the Bitcoin halving events. He states, “Crypto natives have a good mental model for the impact of Bitcoin ETFs on the market: The halving.”…

Bitcoin Gearing Up For Recovery As Large Whales Stop Moving Old Coins

BitcoinJan 16

There may finally be light at the end of the tunnel for the Bitcoin price as selling has begun to subside for the cryptocurrency. So far, it seems that the large holders have been the main driving force behind the price decline, which could explain why the rally has been suppressed for so long. However, as these large investors start to scale back their selling, the Bitcoin price could be looking at another recovery. Bitcoin Whales Stop Selling Old BTC According to a report posted by Santiment, the reason for the suppressed Bitcoin price over the last week could be…

Animalia soars to new heights with migration to Arbitrum

BlockchainJan 16

Animalia recently announced its migration to the Arbitrum Chain. The announcement was made on the official X/Twitter account of Animalia. According to the tweet, Animalia is taking a huge step to integrate the Abritrum Chain. The migration is expected to bring more improvements to the Animalia ecosystem. The collaboration will establish an enjoyable and more intuitive experience for the Animalia community. Besides this, the string of tweets also informed users about the migration details. The migration of the ARB chain will include Animalia’s gaming ecosystem. This ecosystem is related to Card NFTs, GA, PHL tokens, Workshop System, Pebbles, and Card…

Bitcoin Bearish Forecast: Analyst Signals Continued Downfall

BitcoinJan 16

The price of Bitcoin appears to be experiencing a bearish moment in the past few days now despite the approval of multiple Bitcoin Spot Exchange-Traded Funds (ETFs), which has raised speculations about the token’s future. Bitcoin Could See Further Collapse Bitcoinhyper, a cryptocurrency analyst, has offered his insights on the current state of Bitcoin. The analyst unveiled his predictions to the community during one of his YouTube videos. According to him, BTC is currently undergoing a decline, which could potentially lead to a further collapse in price. In the beginning, Bitcoinhyper noted an upswing in the price of Bitcoin to…

Ethereum Bloodbath Incoming? Celsius' $125 Million Move Threatens ETH Price

EthereumJan 15

The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to destabilize the price movement. The now-bankrupt crypto lender seems to have begun its reimbursement plan to its creditors, as on-chain data reveal the movement of its ETH holdings to crypto exchanges. According to crypto market intelligence company Arkham Intelligence, Celsius Network carried out transfers worth over $125 million worth of ETH last week to various crypto exchanges. Celsius Transfers ETH To Exchanges Data shows that between January 8 and January 12, Celsius executed transfers worth $95.5 million to crypto exchange Coinbase while…

Explore the World Virtually: MeetKai & Tripadvisor’s Metaverse Venture

MetaverseJan 15

MeetKai, a metaverse and conversational AI chief, has introduced a partnership with Tripadvisor, one of many world’s largest journey steering platforms. This collaboration goals to allow journey fanatics to discover locations worldwide remotely by means of immersive metaverse experiences. MeetKai has additionally unveiled its upcoming slate of metaverse launches and developments in its Generative AI platform, ensuing from 5 years of analysis and improvement. Tripadvisor: Tourism by means of Digital Actuality Tripadvisor’s partnership with MeetKai and marks a in the direction of digital tourism, aiming to carry international journey experiences to customers’ houses by way of cell or desktop gadgets.…

Ethereum Name Service Steals The Show: ENS Leaps 70%

EthereumJan 15

As of this writing, ENS is trading for $24.6,3 down nearly 4% in the last 24 hours, data from Coingecko shows. The project has a market capitalization of $761 million, with a 31 million ENS supply in circulation. Ethereum Name Service: From Frozen Depths To Soaring Heights Just months ago, ENS lay buried under a blanket of fear, uncertainty, and doubt. Battered by a prolonged crypto winter and regulatory chills, it slumped to a five-year low in June 2023. Yet, as the new year dawned, a thaw set in. Fueled by a surge of market confidence and a 50% price…

Bitcoin To Reach $1 Million In Days To Weeks, Crypto Analyst

BitcoinJan 15

The CEO of Jan3 and Bitcoiner, Samson Mow, has once again reiterated his ultra-bullish prediction for Bitcoin. The Bitcoin advocate noted that the ‘Max Pain Theory’ was still in play, and this is one of the reasons why he isn’t backing down from his assertion that Bitcoin will hit this price level sooner rather than later. Bitcoin’s Rise To $1 Million To Happen “In Days To Weeks” Samson Mow stated in an X (formerly Twitter) post that his “main prediction” is that Bitcoin’s run to $1 million will happen in “days to weeks.” However, he further claimed that the starting…

Crypto Analyst Predicts Next Moves For Bitcoin As Price Dips

BitcoinJan 15

In the ever-fluctuating world of cryptocurrencies, crypto analyst Doctor Profit has shared his insights on the upcoming trajectory for Bitcoin amid the digital asset’s price decline. Here’s What’s Next For Bitcoin The cryptocurrency analyst took to the social media platform X (formerly Twitter) to share his projections with the crypto community. Doctor Profit offered his insights after correctly foreseeing the recent drop in BTC, which started at the $48,000 price mark. The analyst correctly identified the $48,000 level as a major resistance level and advised the community to short at this level. His accuracy in predicting has brought him a…

American Investment Bank TD Cowen Says Ethereum ETF Will Be Delayed

EthereumJan 15

Despite the United States Securities and Exchange Commission (SEC) granting approval for Spot Bitcoin ETFs, TD Cowen, a prominent American investment bank and financial service firm, foresees potential delays in the approval process of Ethereum Spot ETFs. Ethereum Spot ETF Faces Potential Hold-Up TD Cowen, an investment bank and financial service division of TD Securities has made a bold forecast, predicting that the US SEC is unlikely to approve Ethereum Spot ETFs before its deadline. Presently, the SEC is obligated to make its final decision on its rejection or acceptance of Ethereum Spot ETF from May 23 to August 7,…