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.

Ethereum "Set For Further Gains," Analyst Puts This Target

EthereumJan 2

An analyst has explained that Ethereum could be set to see a further rally based on on-chain data. Here’s the level ETH may end up surpassing. Ethereum Has No Significant On-Chain Resistance Ahead In a new post on X, analyst Ali has discussed how Ethereum’s support and resistance levels are looking like based on on-chain data. In on-chain analysis, the potential for any level to provide any notable amount of support/resistance to the price depends on the number of investors who acquired their coins. Here is a chart that shows the amount of ETH that was bought at some of…

Crypto Analyst Says History Shows What Might Be Next For Bitcoin, But Is It Good Or Bad?

BitcoinJan 1

Crypto analyst Ali Martinez recently provoked some thoughts in the crypto community as he highlighted a historical pattern that provides insight into where the Bitcoin price may be headed. This comes as debate continues whether or not a potential approval of the pending Spot Bitcoin ETF applications is a ‘sell-the-news’ event. Is History Set To Repeat Itself? In a post on his X (formerly Twitter) platform, Martinez noted that Bitcoin had a bearish January the last two times it saw a strong performance in the last four months of the preceding year. If history were to repeat itself, Bitcoin’s price…

Bitwise Closes Ranks With $200 Million Seed Fund

BitcoinDec 30

The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager, BlackRock, in terms of seed funds for their respective ETFs. Bitwise’s Bitcoin ETF Could See $200 Million Seed Fund Bitwise’s latest amendment to its S-1 filing with the Securities and Exchange Commission (SEC) shows that the asset manager has gotten interest from an investor to have its ETF seeded with $200 million upon launch. Bloomberg analyst Eric Balchunas highlighted…

The Museum of Science in Boston Enters the Metaverse with Roblox “Mission: Mars”

MetaverseDec 29

The Museum of Science in Boston is venturing into immersive on-line schooling with its newest providing on Roblox, titled “Mission: Mars.” Developed in collaboration with Filament Video games, this interactive expertise challenges individuals to design and refine autos match for traversing the crimson planet. Participating Studying on Roblox “Mission: Mars” represents the Museum’s first foray into the favored world platform identified for its immersive 3D experiences. Via this academic endeavor, the Museum goals to interact college students of assorted ages within the Engineering Design Course of. Members collaborate to develop autos for navigation and mission completion on Mars. Supply Roblox…

Want To Predict Bitcoin Tops And Bottoms? ‘The Rainbow Chart’ Is For You

BitcoinDec 29

The Bitcoin Rainbow Chart has emerged as a universally used analytics tool that helps crypto investors and traders predict BTC’s ever-changing market trends and cycles. Bitcoin Rainbow Chart BTC Analysis Throughout the year, the price of Bitcoin has experienced several uptrends and downsides. Starting from the last three months of 2023, BTC’S price has experienced a major surge, hitting above $35,000 in October and surging past $44,000 in December. With the market moving up rapidly, many crypto investors and market watchers look for various crypto analytics tools to enhance their understanding of the Bitcoin market trends. The Bitcoin Rainbow Chart…

ARK Invest Pivots To Bitcoin As Cathie Wood Expects BTC Price To Explode

BitcoinDec 29

CEO of ARK Invest, Cathie Wood has shared her perspective on the approval timeline for Spot Bitcoin ETFs. She has also highlighted the significant impact the official authorization of Bitcoin ETFs would have on the price of BTC. BTC Price Boom Predicted Following ETF Acceptance Founder and CEO of American asset investment management firm, ARK Invest, Catherine Duddy Wood has recently appeared in an interview with Yahoo Finance. The live interview which was published via YouTube centers on Wood’s views and opinions regarding the potential approval of Spot Bitcoin ETFs and its effect on the price of BTC. According to…

Injective to host End of the Year Treasure Hunt with dApps

BlockchainDec 29

Injective has announced the End of the Year Treasure Hunt, an event that seeks participants to venture across the ecosystem and find twelve hidden secret words. The Treasure Hunt event is currently taking place with support from related dApps, or decentralized applications, to give the top 3 players a share of the prize pool and exclusive goods. The same number of dApps have hidden twelve secret words. Players must interact with dApps and complete specific actions to unlock the hidden word. Then, they must submit the entries to Injective through a Google Form, a link to which has been shared…

ARK files an updated Bitcoin ETF application

BitcoinDec 29

ARK 21Shares has filed an updated Bitcoin ETF application. The development comes in the last concluding hours of the deadline by the SEC, December 29, 2023. The community speculates that more applications could be on the way to strengthen their chance of getting approval in the first wave. A tentative date for confirmation is January 10, 2024. Not that all applications will be approved since the Commission has tabled the chance of rejecting all or some applications. As for ARK 21Shares, submitting an updated application hours before the final deadline marks the fifth updated application. This amendment is likely to…

Bitcoin options trading volume exceeds expectations

BitcoinDec 29

The trading volume of Bitcoin options through the final days of 2023 surpassed all previous records and increased by over $38 billion across the leading cryptocurrency derivatives exchanges. Along with derivatives trading activities on OKX and Binance, the volume of BTC options trading on Deribit reached $26.7 billion. Bitcoin is widely recognized as the most valuable digital asset in terms of market capitalization. It is expected that almost $7.7 billion worth of choices connected with Bitcoin will witness closure on Deribit, a landmark where the secondary exchanges are concerned. A major amount of contracts that are held in abeyance on…

Global Blockchain Show: Leading the blockchain industry wave

BlockchainDec 29

Blockchain industry leaders, investors, and enthusiasts will converge in 2024 to celebrate the future of blockchain and technological innovation at the most anticipated blockchain events set to occur throughout 2024. Blockchain technology has inspired great interest across a wide range of businesses. These blockchain events act as a catalyst for debating and investigating the diverse use cases put forward by the blockchain industry. 2024 will witness various blockchain events, including the grand Global Blockchain Show, to help businesses deepen their understanding of crypto trends, blockchain technology, and other regulatory and technological updates from expert speakers. Landscape of Blockchain Events in…