NewsBTC
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NewsBTC is a cryptocurrency news service that covers bitcoin news, bitcoin exchanges, bitcoin mining, technical analysis & forecasts for bitcoin price and other altcoins.
NewsBTC
33m ago
In a new development, VeChain (VET) has announced the introduction of its latest No-Code Tokenized Asset Marketplace-as-a-Service platform (MaaS), fueling optimism within the community of an impendent price uptick.
The announcement also featured the collaboration of the MotoGP racing team Gresini Racing as its first enterprise client. By collaborating with Gresini Racing, an enormous fan base will be offered digital collectibles through the MaaS platform.
VeChain To Onboard A Rapid Tokenizing World
With the launch of its No-Code Tokenized Asset Marketplace (MaaS) platform, VeChain has made tre ..read more
NewsBTC
33m ago
In a highly anticipated courtroom verdict, Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, has been sentenced to 25 years in prison for defrauding users. US District Judge Lewis Kaplan delivered the judgment during a Lower Manhattan federal courtroom hearing.
FTX Founder Sam Bankman-Fried Sentenced
Judge Kaplan sternly criticized the defense’s argument, labeling it as “misleading, logically flawed, and speculative.” As reported by our sister site, Bitcoinist, Kaplan highlighted Bankman-Fried’s obstruction of justice and witness tampering during his defense, which w ..read more
NewsBTC
2h ago
Ki Young Ju, the founder of CryptoQuant, a blockchain analytics firm, has noticed a curious trend. In a post on X, the founder shared a snapshot suggesting that Bitcoin “old whales” might be shifting their holdings to “new whales,” mainly traditional finance heavyweights like Fidelity and BlackRock.
The United States Securities and Exchange Commission (SEC) recently approved these new whales to list spot Bitcoin exchange-traded funds (ETFs) for all investors.
“Old Whales” Moving Coins: Selling Or Risk Mitigation?
While a definitive sell-off isn’t confirmed, commentators replyin ..read more
NewsBTC
2h ago
Bitcoin bulls look to be firmly back in the driver’s seat following weeks of seeing BTC suffer a bearish sentiment with its price dips. The current bullish outlook for the flagship crypto is evident in the fact that the Spot Bitcoin ETFs are again recording an impressive amount of inflows.
Spot Bitcoin ETFs Record $243 Million In Inflows
Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $243 million in inflows on March 27. This record was primarily thanks to BlackRock’s iShares Bitcoin Trust (IBIT) and the ARK 21Shares’ Bitcoin ETF (ARKB), whi ..read more
NewsBTC
4h ago
Leading the downturn today, Fantom (FTM) contributes to the 2% drop in the crypto market after weeks of growth.
Fantom is one of those altcoins that followed the broader momentum of the market. The latest market data shows that the token is down 10% in the past 24 hours, but is still on the green in the bi-weekly timeframe at 14%. However, Fantom has a trick up its sleeve to curb this brewing bearishness potentially.
Fantom CEO Michael Kong Unveils Sonic Launch
Sonic is the brand-new technology that the Fantom has been developing in the past 2 years. According to their latest blog ..read more
NewsBTC
8h ago
Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory.
Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing.
This bullish run has been accompanied by technical indicators suggesting a potential continuation of the uptrend, but some analysts warn of lurking risks.
Potential Litecoin Price Bump In The Offing
One key driver of optimism is the apparent breakout from a bullish triangle pattern. This technical indicator, identified by popular analyst Wor ..read more
NewsBTC
8h ago
Following a week of net outflows, the spot Bitcoin ETF market has rebounded with impressive net inflows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of $480 million, followed by $243.5 million on Wednesday.
Yesterday’s resurgence in investor interest was notably boosted by Blackrock’s massive inflow of $323.8 million, effectively offsetting Grayscale GBTC’s $299.8 million outflows ..read more
NewsBTC
11h ago
XRP enthusiasts are in a frenzy after prominent community figure Chad Steingraber proposed a scenario where an XRP exchange-traded fund (ETF) could trade at a staggering 100x premium.
Steingraber, a seasoned game designer, laid out his thoughts in a recent post, igniting discussions about the potential trajectory of an XRP ETF, particularly in light of the ongoing push for institutional adoption of the altcoin.
Targeting A $500 XRP ETF Share Price
Steingraber’s speculation centers around the price at which an XRP ETF’s shares might trade. His hypothesis hinges on the crypto reaching an unprece ..read more
NewsBTC
12h ago
Bitcoin price is consolidating gains above the $69,000 support zone. BTC must clear the $71,500 resistance zone to start a steady increase.
Bitcoin price is still showing positive signs and facing resistance near $71,500.
The price is trading above $69,000 and the 100 hourly Simple moving average.
There is a major bullish trend line forming with support at $69,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $71,500 resistance zone.
Bitcoin Price Holds Support
Bitcoin price remained in a positive zone above the $68,80 ..read more
NewsBTC
14h ago
Cardano (ADA) has received plenty of criticism over the years, whether it’s ADA’s price performance, its founder’s personality, or its community’s “beef” with Solana.
This time, the project’s marketing team made the headlines after a viral video of female Cardano users became viral on social media. The ‘Cardano Girls’ video has sparked a conversation about the project’s efforts to reach a broader audience.
A Breath Of Fresh Air In The Community
The ‘Cardano Girls’ video was uploaded by Lily Brodi, a content creator and Cardano user, and went viral in hours. The video recreated a popular social ..read more