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.

Is Bitcoin ETF a real thing or just another rumor?

BitcoinDec 7

Bitcoin ETF holds a significant importance in the crypto market. This is evident from the fact that Bitcoin is inching closer to its next resistance mark of $45k under the speculation that the US Securities & Exchange Commission will approve all the applications maximum by January 10, 2024. As a matter of fact, it is driving the entire market with an upward trajectory. It is important to note that the approval of Spot Bitcoin ETF applications is still under consideration by the Commission. This brings a question of whether Bitcoin ETF is actually a real thing or if the community…

CEO Trashes Crypto - Again

BitcoinDec 7

In a fiery declaration that reverberated through the financial landscape, JPMorgan Chase’s formidable CEO, Jamie Dimon, once again launched a verbal assault on crypto. Dimon, well-known for speaking his mind, straightforwardly called for a complete ban on digital currencies, linking them to criminal activities without holding back. The CEO didn’t mince words at a Senate hearing alongside seven other big bank bosses: “If I was the government, I’d close it down.” In response to a question from Senator Elizabeth Warren, he stated that he was adamantly against all forms of crypto, including bitcoin. Dimon expressed worries that terrorists, drug dealers,…

Meta-Stadiums and MeetKai Partner for ‘Premier Soccer Universe’

MetaverseDec 7

Meta-Stadiums, a platform bridging leisure, gaming metaverse, and NFTs, has collaborated with AI-metaverse firm MeetKai to create a ‘premier soccer universe’. Teaming up with a FIFA Licensed Match Agent, Meta-Stadium is about to convey a brand new degree of pleasure to soccer followers by making a digital area to look at video games that includes choose, as but unnamed skilled golf equipment and FIFA groups. Meta-Stadium’s Enhanced Viewing Expertise The alliance capitalizes on MeetKai’s metaverse interface, enabling followers to expertise a digital, lifelike stadium district as 3D avatars. Whether or not utilizing VR headsets, cellular units, or desktop internet browsers,…

Analyst Predicts Another Leg-Up With Price Target

BitcoinDec 7

The recent Bitcoin rally has brought a number of things to the forefront and one of those is a bullish Bitcoin fractal that has not returned in two years. Crypto analyst FieryTrading was the one to point this out in a recent analysis of the leading cryptocurrency as something that could serve as evidence that the rally will continue. Bitcoin Bullish Fractal Makes A Comeback The crypto analyst pointed to a previously identified channel in the Bitcoin price that could suggest a bullish continuation. This channel often results after a big pump and given that BTC has added around $15,000…

Bitcoin Pushes Into Extreme Greed, What You Should Expect From Here

BitcoinDec 6

The Bitcoin positive sentiment has been rising rather rapidly in the last few months as the market has staged an incredible recovery. This saw the Bitcoin Fear & Greed Index go from deep fear to deep greed and that greed just continued to grow. Now, the sentiment is on the brink of extreme greed, which can be good in the short term, but could inherently turn bearish for the price. How The Fear & Greed Index Works The Bitcoin Fear & Greed Index uses a number scale of 1-100 to identify how investors are feeling toward the crypto market at…

Former FTX US President Says Bitcoin Spot ETF Will Come In 2024, Gives Price Targets

BitcoinDec 6

Former FTX US President Brett Harrison recently had an interview with Cointelegraph Magazine. As part of the discussion, Harrison gave his thoughts on when a Spot Bitcoin ETF will be approved and the possible price level the foremost crypto token could attain when this happens. A Spot Bitcoin ETF Could Be Approved In Q1 of 2024 Harrison is said to have mentioned that there is a very “high probability” that the Securities and Exchange Commission (SEC) will approve a Spot BTC ETF in the first quarter of 2024. His prediction happens to be in line with the fact that the…

Bitcoin prices are rising in Q4 of 2023

BitcoinDec 6

Bitcoin was near $16k in January 2023, which was the beginning of the year. It has now surged to more than $42k in valuation, and the community believes that it is largely a seasonal trend in the making. This is based on an assumption that the trading value of Bitcoin always rises in the concluding quarter of the year. For instance, BTC gained approximately 63% at the end of 2016 and 267% at the end of 2017. There is no tangible proof of why the token increases in value as the calendar year draws to a close. However, as the…

Bitcoin Bull Rally Is Far From Over According To These Large Whales

BitcoinDec 6

Bitcoin has really heated up in the past few weeks, pushing its price above consecutive price resistances to reach new yearly highs. Bitcoin recently pushed past $44,000, registering gains of 15% in a 7-day timeframe. However, while the price gain can be partly attributed to hype around the spot Bitcoin ETFs, on-chain data shows increased activity among many big holders. According to the on-chain analytics platform Santiment, the recent surge in the price of BTC has been connected with an increase in the number of wallets holding more than 100 BTC. Large Bitcoin Wallets Increase Purchases An X post by…

Mantle launches liquid staking protocol on Ethereum Mainnet

EthereumDec 6

A revolutionary way in which Ethereum lovers relate with the PoS (proof-of-stake) validator network via the mantel LSP (Liquid Staking). It is a new protocol that provides an opportunity for people to deposit their ETH and get paid with mETH. This new approach offers greater flexibility and liquidity, linking the conventional stake with the fast-changing Defi environment. Mantle LSP is, therefore, an essential option for individuals who would like to take part in the EthPoS framework but at the same time enjoy the liquidity and liberty associated with asset management. Mantle LSP Overview The Mantle LSP is an Ethereum-based liquid…

Bitcoin Bulldozes Past $44,000 - Is $45 Next This Week?

BitcoinDec 6

Bitcoin (BTC) is having a moment again. The biggest cryptocurrency in the world is enjoying a 150% increase this year as its price surged beyond $44,000 on Wednesday, marking the first time it had done so in over 18 months. The increase is indicative of the cryptocurrency’s continuous upswing, which is being supported by a number of elements such as a drop in interest rates and growing expectations over the possible approval of a spot Bitcoin exchange-traded fund (ETF) in the US. Spot ETFs: Democratizing Bitcoin Investment With Lower Risks Supporters of the industry say that this new way to…