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 Whales Sell 50,000 BTC Worth $2.2 Billion, Is The Rally Over?

BitcoinDec 23

The flagship cryptocurrency, Bitcoin, seems to be cooling off following months of experiencing a resurgence on the back of the Spot Bitcoin ETF potential approval rumors. This has led to concerns that the rally might be over, a theory that is boosted by the recent action of the largest holders of the crypto token. Bitcoin Whales Offload Some BTC Holdings In a post on his X (formerly Twitter) platform, crypto analyst Ali Martinez highlighted a report from the market intelligence platform Santiment, which showed that Bitcoin whales had sold around 50,000 BTC over the past week. This has raised eyebrows…

Analyst Points to Increasing Caution in Bitcoin Market Despite Price Surge

BitcoinDec 23

In the past week, Bitcoin recorded an overall positive performance, gaining by 3.45%, according to data from CoinMarketCap. This price rise adds to BTC’s bullish form in the last 30 days, during which the maiden cryptocurrency has surged by 16.78%. However, despite this market uptick, there appears to be a growing trend of caution among Bitcoin traders, indicating fear of a potential price dump. Analyst Highlights Evidence Of Growing Caution In The Bitcoin Market In an X Post on Saturday, popular crypto analyst Ali Martinez shared an interesting observation regarding the Bitcoin market with his 37,000 followers. According to Martinez,…

Ethereum Price To Reach $5,000, BitMex Founder Predicts

EthereumDec 22

BitMex founder Arthur Hayes has revealed that he is diverting his interest toward Ethereum (ETH) while disclosing a bold prediction for the crypto asset. Arthur Hayes Doubling Down On Ethereum Arthur Hayes recently took to X (formerly Twitter) to share his optimism and prediction about the future of Ethereum, and the post has since caused quite a stir in the entire cryptocurrency community. Renowned for his perceptive market analysis, Hayes claimed to have had a revelation on ETH during one of his meditations, and this prompted him to significantly alter his cryptocurrency holdings. He sarcastically asserted in the X post…

Veyond Metaverse’s Meta Quest 3 Fusion: A New Era in Digital Surgery

MetaverseDec 22

Veyond Metaverse, an rising participant in AI XR healthcare, has launched 5D Digital Surgical procedure, advancing the sector . Their current profitable integration of Meta Quest 3 into their XR (Prolonged Actuality) 5D Digital Surgical procedure platform marks a major milestone in surgical applied sciences. This collaboration enhances accessibility and affordability, enhancing surgical procedures and highlighting progress in Metaverse Healthcare. Enhancing Surgical procedure with XR 5D and Meta Quest 3 XR 5D Digital Surgical procedure combines actual and digital environments for immersive and exact surgical procedures. Powered by AI, this platform opens up new potentialities in healthcare. The Meta Quest…

SEC conducting meetings with Spot Bitcoin ETF Applicants

BitcoinDec 22

The US Securities and Exchange Commission is reportedly engaged in multiple discussions with Spot Bitcoin ETF applicants prior to issuing permits on January 10, 2024, as reported by FOX Business. As per the rumors doing the rounds, the SEC is prepared to wave the green flag for the initial spot bitcoin exchange-traded fund (ETF) by the designated date. Under the assumption of Charles Gasparino, a correspondent with FOX Business, various applicants are being consulted. The SEC is contemplating every issue involved. With respect to the proposed ETFs, the redemption module has functioned as a spoke in the wheel for both…

The year of the Solana community

BlockchainDec 22

Solana has ended yet another year with a bang. Although 2023 was filled with challenges, the Solana community turned it into an eventful year. It is no wonder it is nearing the 100-dollar price mark again. Currently trading at 99 dollars, the token has gained 17.34% in the past 24 hours. Its 1-week growth accumulates to 31%, while it has gained 82.43% value in the past month. Such numbers are the reason why crypto traders are reviewing every Solana forecast to assess its growth. This spike in price is not the result of mere market optimism. To derive these results,…

Is Ethereum (ETH) Ready For A Monster Move In January 2024?

EthereumDec 22

In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam. This is a reason, in Sassal’s view, to buy even more ETH ahead of the expected bull run. Ethereum Bulls Confident, ETH Resistance At $2,400 With the bullish stance, the independent Ethereum educator appears to be convinced that Ethereum’s fundamentals are strong. More importantly, the analyst is confident that the network is well-positioned to capitalize on the growing demand for protocols,…

2023 Sets The Stage For A Monumental 2024

BitcoinDec 21

The crypto industry went through a period of evolution in 2023 to reiterate its position in the global market. This evolution was particularly spearheaded by Bitcoin’s dominance, with the crypto registering gains in the last quarter that were practically absent in the earlier parts of the year. All the signs are there; interest is picking up, big money from institutions is sniffing around again, several important technical and on-chain pricing models this year have been confirmed, and the dust seems to have finally settled from the prolonged bear market in 2022. Total market cap at $1.59 trillion | Source: Crypto…

Ethereum Exchange Balances Drop Drastically, What This Means For ETH Price

EthereumDec 21

Ethereum is currently ranging around $2,200, with its price undergoing a calm volatility in the past 7 days. New data from Santiment has revealed the current sentiment among Ethereum whale addresses, as the total supply on exchanges recently hit a new low. According to the on-chain analytics platform, more than 240,000 ETH have left 10 of the biggest ETH exchange wallets in the past 24 hours. As a result, the cumulative number of ETH deposited across crypto exchanges dropped from 8.03 million ETH to 7.79 million ETH in a single day, one of the largest it has ever seen. With…

Ethereum Retests Breakout Zone, Analyst Sets $3,500 Target

EthereumDec 20

An analyst has explained how Ethereum is retesting a breakout zone currently and that this might lead toward a price target of $3,500. Ethereum Is Retesting The Breakout Line Of An Ascending Triangle As pointed out by analyst Ali in a new post on X, Ethereum may be preparing for a further climb right now as it’s retesting the breakout zone of an ascending triangle. An “ascending triangle” is a pattern in technical analysis that, as its name implies, resembles a triangle. The pattern involves a horizontal line made by connecting highs and a slant line that strings together higher…