Scott Matherson is a notable figure in the cryptocurrency world, recognized for his ability to explain complex topics in a clear and engaging manner. With a background in industries such as banking and investment, Scott brings a wealth of experience to his writing in the crypto space. His in-depth knowledge allows him to break down
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The price of Bitcoin (BTC) has continued its downtrend, dropping to new local lows of under $59,000. During the mid-hours of the United States Monday trading session, BTC briefly fell below $60,000 to hit a new local low of $58,500. This downward trend has been sustained as outflows from the U.S. spot Bitcoin exchange-traded fund
The once-thriving crypto market is currently experiencing a significant downturn, with Bitcoin at the forefront of the retreat. Following its meteoric rise to over $73,000 earlier this year, Bitcoin has lost its momentum and is now plunging to new lows. This downward trend has sparked a wave of panic among investors, triggering a mass exodus
Anthony Scaramucci, the founder of SkyBridge Capital, has made some bold predictions regarding Bitcoin’s price if Joe Biden wins the upcoming US presidential election. During an interview on Unchained, Scaramucci claimed that Bitcoin could potentially reach new all-time highs under a second Biden administration. He anticipates that Bitcoin’s price could soar to anywhere between $170,000
The gaming industry has seen exponential growth with the introduction of MetalCore, a sci-fi mech shooter metalcore game set on the distant planet of Kerberos. This massively multiplayer online game (MMO) offers players thrilling PvPvE battles and a player-driven economy that shapes the course of gameplay. With its focus on strategic combat and immersive gameplay,
Marvel Entertainment’s recent partnership with VeVe marks a significant milestone in the integration of NFTs with digital collectibles. This collaboration signals a shift in the way fans engage with Marvel comics, blending the worlds of digital and traditional collecting seamlessly. The introduction of Marvel NFT universe by VeVe transforms the concept of comic collecting by
Louisiana Governor Jeff Landry recently made headlines by signing a bill that has significant ramifications for the world of cryptocurrency. The bill, named HB 488, goes beyond just prohibiting central bank digital currencies (CBDCs) and delves into protecting crypto mining. This move has sparked discussions and debates within the crypto community about the implications of
Coinbase, a prominent player in the cryptocurrency market, is facing potential regulatory challenges over its compliance with new Financial Accounting Standards Board (FASB) rules. These rules, which were approved in 2023 and are set to take effect in 2025, shift the accounting and disclosure for crypto assets to a fair-value model from a cost-less-impairment model.
Dalmas Ngetich is not your average crypto reporter. His background in mechanical engineering and over a decade of experience in journalism sets him apart in the industry. Specializing in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas has crafted over 10,000 news and feature articles, showcasing his in-depth knowledge and expertise in the field.
Bitcoin is currently experiencing a significant decline in its price, steadily approaching the critical $60,000 mark. The shift in market sentiment has become increasingly bearish, influenced by a combination of macroeconomic factors and a recent surge in selling pressure. This has led to Bitcoin struggling to maintain higher levels, causing anxiety among investors and traders.