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.

Will Bitcoin Hit $100,000 By 2024? Spotlight On Potential Drivers

BitcoinNov 12

In addition to the widespread attention and media coverage, there exist many elements and forces that have the potential to significantly influence the trajectory of Bitcoin. In the face of the dynamic landscape of cryptocurrencies, as the year 2023 draws to a close, there exists a climate of conjecture, optimism, and tangible eagerness. Bitcoin, the pioneering digital entity, finds itself amidst this tumultuous environment, projecting a substantial influence of possibilities and prospects. The inquiry arises: Is it plausible that in 2024, the attainment of the highly sought-after $100,000 threshold will be realized? Bitcoin To $100K – The Main Catalyst The…

Panel Of Market Experts Predict When Ethereum Price Will Cross $14,000

EthereumNov 11

Finder’s board of crypto market experts has predicted a positive long-term increase in the price of Ethereum in 2023, 2025, and 2030. Ethereum To Surpass $14,000 By 2030? The price of Ethereum has been on a fairly positive sentiment since the news of BlackRock’s Ethereum Spot ETF filing news. The cryptocurrency saw a spike that took its price above $2000 this week. Industry specialists from Finder, an independent comparison platform and information service have stated that Ethereum will continue experiencing a price increase in the coming years. The comparison platform has predicted that Ethereum would drop to $1,840 by the…

Failed Crypto Lender Celsius To Create New Company for Creditors as US Judge Approves Bankruptcy Plan

RegulationNov 11

A US decide has authorised a chapter plan for a crypto lender that filed for chapter in July 2022 after its token plummeted by 99% and it was unable to meet withdrawals. In line with a latest courtroom submitting, the brand new plan from Celsius Community will generate funds for a brand new mining and staking company spinoff designed to repay collectors. The corporate, dubbed “NewCo,” could have a $1.25 billion steadiness sheet, $450 million of which can be liquid crypto. Explains chapter decide Martin Glenn, “NewCo intends to stake some or all of this liquid cryptocurrency to earn staking…

Ethereum Daily Revenue Soars To A 4-Month High Of $10 Million

EthereumNov 11

When Ethereum (ETH) exploded past $2,000 on November 9, Erik Smith, the Chief Investment Officer of 401 Capital, observed that the platform’s average daily revenue surged to the highest level in four months. According to data, Ethereum generated $10 million in daily revenue, extending gains registered on the previous day and pushing the metric to the highest point since July. Ethereum revenue rising | Source: Token Terminal via Erik Smith on X Ethereum Prices Above $2,000, Revenue Rising In November For now, ETH prices remain muted but are trading around November 9 highs and remain within a bullish formation backed…

Ethereum Price Propels To 52-Weeks High, Here's What Behind It

EthereumNov 11

Ethereum (ETH) has been experiencing an upward trajectory for quite a while now, reaching its highest yearly price point in the week and presenting an impressive 52-week high. Ethereum’s Price Supported By Latest Developments The Ethereum’s price surge can be traced back to several factors that have propelled the cryptocurrency’s growth. The asset reached its 52-week high of $2,137 on Thursday, November 9, as seen in the chart below. ETH is currently trading below $2,100 | Source: ETHUSDT on Tradingview.com One of the factors that has contributed to the crypto asset’s price surge is the number of ETH staked. A…

When Is the Next BTC Halving Date? Bitcoin Halving Guide

BitcoinNov 11

Guide: What Is The Bitcoin (BTC) Halving? The anticipation around the next BTC halving is palpable among investors and cryptocurrency enthusiasts alike. This process, which slashes the reward for mining Bitcoin transactions in half, is a pivotal event for the economy of the flagship cryptocurrency. The next BTC halving date is not just a mark on the calendar; it’s a beacon for potential shifts in value and market dynamics, making the question “when is the next BTC halving” all the more critical for market participants. This comprehensive guide dives deep into the concept of Bitcoin halving, its historical impact, and…

Bitcoin Ready To Take-Off? Analyst Who Predicted $37,000 Reveals What’s Next

BitcoinNov 10

Bitcoin is still seeing an impressive run but speculations on where the asset is headed next are running wild. A crypto analyst has shared their own expectations for the leading cryptocurrency, considering both sides of the coin and the possible price marks it can achieve. Bitcoin Price Gunning For $40,000 In an extensive analysis, crypto analyst and trader FieryTrading has mapped out how the Bitcoin price could reach $40,000. The analysis which was posted on TradingView starting November 8 points out the fact that the BTC price has continued to trade in a tight bullish channel since October. This was…

MicroStrategy's $4.6 Billion Bitcoin Bet Pays Off, Here's How Much It's Worth Now

BitcoinNov 10

The cryptocurrency industry has experienced significant growth in recent weeks with an influx of capital. This influx of capital has forced Bitcoin over various price resistances, with the latest being a brief cross over the $37,000 level. MicroStrategy has emerged as a prominent public company that has successfully capitalized on this price push. MicroStrategy’s blockbuster bet on the world’s largest cryptocurrency has certainly paid off so far. The company has posted over $1 billion in unrealized profit thanks to Bitcoin’s 36% increase from $26,750 since October 13. Shares of MicroStrategy have also risen simultaneously, soaring more than 55% since the…

Why Path To $2,500 Is Now All Clear

EthereumNov 10

On-chain data suggests the path to $2,500 could be open for Ethereum now that the asset has managed to cross the $2,100 mark. Ethereum Has No Major Resistance Levels Until $2,500 In a new post on X, the market intelligence platform IntoTheBlock has provided an update on how the Ethereum levels are looking in terms of on-chain support and resistance. In on-chain analysis, ranges are defined as support or resistance based on how many investors acquired their coins inside them. The below chart shows the density of addresses at various levels above and below the current spot price of the…

$9 Trillion BlackRock Files Ethereum Spot ETF, What's So Special About It?

EthereumNov 10

Following BlackRock’s official filing of Spot Ethereum with Nasdaq, reports have confirmed that BlackRock’s Ether ETF plan has been confirmed by Nasdaq and is on its way to the US SEC to gain final approval. BlackRock Ethereum Spot ETF Confirmed American multinational investment company, BlackRock has been making waves in the crypto space after news spread of NASDAQ listing the investment firm’s Ethereum Spot ETF, iShares Ether Trust in Delaware. “BlackRock’s Ethereum ETF confirmed. They just submitted a 19b-4 filing with Nasdaq,” Bloomberg Research Analyst, Jeff Seyffart stated. While BlackRock’s Spot Bitcoin ETF proposal remains to be approved by the…