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.

Registered Funds Want Exposure To BTC

BitcoinJan 3

An interesting trend looks to be developing among institutional players as their interest in the flagship cryptocurrency, Bitcoin, continues to rise. This interest has in no small way been thanks to the frenzy around the Spot Bitcoin ETFs, which could be approved sooner than later. Other ETFs Considering Bitcoin As An Investment Option Crypto commentator and music producer Marty Party recently drew the crypto community’s attention to an emerging trend among fund managers and their ETFs. He noted how these asset managers are amending the prospectus of funds they manage so they can gain exposure to Bitcoin. These institutions are…

Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond

BitcoinJan 3

All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. However, arguments have arisen about whether this bullish sentiment would continue if a Spot ETF is eventually approved or if it will end up being a “sell the news” event. What Is A Sell The News Event? The phrase “sell the news” is popular in investing circles and is usually associated with a…

$3,830 & $5,100 Next Major Ethereum Targets According To This Model

EthereumJan 2

An analyst has explained that $3,830 and $5,100 could be the next major targets for Ethereum based on an on-chain pricing model. Ethereum MVRV Pricing Bands Have Next Targets At $3,830 And $5,100 In a new post on X, analyst Ali talked about the next key targets for Ethereum based on the “MVRV Pricing Bands.” The “Market Value to Realized Value” (MVRV) is a popular ratio in on-chain analysis calculated by dividing the Bitcoin market cap by its realized cap. The “realized cap” here refers to a capitalization model for BTC that assumes that the true value of any coin…

Bitcoin crosses $45k amid Spot Bitcoin ETF approval anticipation

BitcoinJan 2

Bitcoin is currently exchanging hands at $45,724.72. This is an increase of 7.16% in the last 24 hours. A surge in the trading value of BTC has sparked interest in the minds of crypto enthusiasts all over the world. The reason is that BTC is now estimated to reach the milestone of $50k by the end of this week. What has caused the price to soar is the anticipation of the SEC approving applications for the Spot Bitcoin ETF. If approved, 14 asset managers are expected to launch their respective products and enable traders and inventors to participate in the…

XRP Ledger brings in XRPScan to enhance transparency

BlockchainJan 2

The XRP Ledger (XRPL) is poised to implement transparency enhancements with the release of XRPScan, its most recent feature. XRPFScan has disclosed that Explorer users will now have the capability to observe the transaction fee with the lowest value on the blockchain. Dr. J. Scott Branson, an advisor to the XRPLF, stated that this quality was an urgent necessity. Branson drew attention to the fact that the minimal transaction fee associated with the XRP Ledger is negligible and contingent on the overhead volume required to process transactions. Additionally, it emphasizes the cost requirements for storing XRP transactions on the blockchain.…

BRC20 releases Bitcoin Security Consensus Layer2 Platform, BL2

BlockchainJan 2

BRC20 has just unleashed its Layer2 platform, BL2, which intends to connect ZK-Rollup with Bitcoin and execute multi-node authentication on the Layer2 network. In turn, this will help improve the safety aspects of zero-knowledge proofs. BL2 is akin to the Bitcoin security consensus. A few BTC main developers and early associates created the manageable BTC Layer2 platform known as BL2. It has been created on the VM universal protocol and BTC safety base. The intention is to set up an exclusive BTC Layer 2 ecosystem by building a dApp and smart contract platform. VM, Layer2’s center, is a Layer 2…

Bitcoin's $45k pricing discrepancy amid surging ETF inflows

BitcoinJan 2

Andrew Kang, an investor with 20 years of finance experience, recently went to X/Twitter to talk about BTC’s price movement. Kang is firmly convinced that Bitcoin, at $45,000, is still mispriced. According to the veteran, BTC should be priced higher, given the halving excitement and incoming ETF inflows. The consensus in the market is that a Bitcoin ETF will result in a long-term bullish run for Bitcoin. This is indeed correct, but the incoming ETF flows surrounding BTC are still underappreciated, added Kang. Bitcoin is currently priced at $45,310, with a 6.80% growth in the past 24 hours. According to…

Bitcoin Price Soars Above $45,500: Top 3 Reasons

BitcoinJan 2

The Bitcoin price has risen to over $45,900 in the last few hours, an increase of 7.5% in the last 24 hours. These are the three main reasons: #1 Massive Bid From CME The recent surge in Bitcoin’s price was predominantly led by activities on the Chicago Mercantile Exchange (CME). At a point, the Bitcoin price on CME was approximately $1,400 higher than on Coinbase, indicating significant buying pressure on this platform. The CME Group, a renowned exchange for cash settled Bitcoin futures contracts, attracts a substantial institutional investor base, making its price movements particularly noteworthy. Analyst Will Clemente highlighted…

Bitcoin SV (BSV) Ushers In 2024 With A 110% Bang

BitcoinJan 2

The hard fork token from Bitcoin, known as Bitcoin SV, continues to rise and has crossed $100 for the first time since February 2022. The price spike, which is noteworthy for having increased by almost 110% in just one week, is mostly attributable to increased trading activity and interest in the South Korean market. Upbit Spurs Bitcoin SV Surge: Insights Upbit, the biggest cryptocurrency exchange in South Korea, has been the center of this increased interest in BSV. On New Year’s Day, Upbit registered a significant $275 million in BSV trading activity. With a total trading volume of $753.5 million,…

Ethereum's top upgrades dropping this year

EthereumJan 2

Ethereum has finally released tentative release dates for its upgrade schedule. The network is set to undertake its new mainnet hard fork, Dencun, in Q1. If everything goes well, the Ethereum team is considering the following dates for forking the public testnets: Goerli – January 17 Sepolia – January 30 Holesky – February 7 According to developers, Goerli will not be added to the testing regimen after the hard fork. The network is slated for depreciation, and it is time for the Electra/Prague upgrade. Whether Ethereum will focus on structuring the upgrade around smaller improvements or a large core feature…