NFT News by Thebittimes.Com

Blocktrade, a crypto trading platform, announced that its Arcade feature has surpassed one million gameplay s in the three months since its launch, according to the information shared with Finbold on April 24.  This milestone underscores the immediate popularity of the Arcade among users who appreciate its mix of gaming excitement and trading thrills. Gamified trading experience The Blocktrade Arcade is designed to enhance the trading experience by introducing engaging gamified content, creating a more interactive and dynamic environment.  Picks for you Bitcoin aims $70,000 this week as FOMO takes over the crowd 6 mins ago AI predicts HBAR price for May 1, 2024 10 mins ago Dexalot’s Central Limit Order Book DEX launches on Arbitrum 18 mins ago AI predicts Silver price for May 1, 2024 35 mins ago These arcade-style games also foster a sense of community, a departure from the often solitary nature of crypto trading. At its launch, Bl...

After the historic approval of a spot Bitcoin exchange-traded fund (ETF) by the Securities Exchange Commission (SEC), the focus has shifted to the overall market trajectory in the upcoming days, given the bullish sentiment associated with the investment product. In this context, a cryptocurrency trading expert by the pseudonym thescalpingpro shared insights in an X (formerly Twitter) post on January 11 about how Bitcoin (BTC) is expected to perform in the coming months . The first insight focuses on Bitcoin’s next price trajectory, where the expert pointed out that the maiden cryptocurrency is likely to trade sideways or enter a vertical accumulation phase. Notably, in a vertical accumulation phase, the price chart shows a steady upward trend, marked by consistent buyer participation and sustained demand for the cryptocurrency. However, the expert’s roadmap also acknowledges the inherent volatility of Bitcoin’s bull markets, forecasting a correction ranging betwe...

Crypto data analysis platform Kaiko has released a report identifying the reason for the latest Bitcoin (BTC) rally. According to analysts, Bitcoin’s rise to $35,000 is due to four different factors, including volume , implied volatility, market depth, and funding rates. Source: Kaiko Experts also note that a fundamental shift in the market structure is observed for the first time in the last six months . The analytics platform reported that while trading volume slowed and volatility dropped over the summer, that changed in the previous two weeks when a rumor surfaced about a fake endorsement of a BlackRock-linked Bitcoin spot ETF. You might also like: Bitcoin’s weekly surge could be driven by liquidity shortage  At the same time, the market is not worried about the decline in the price of BTC since it has reached its highest level since May 2022. Additionally, Bitcoin liquidity remained unchanged, although trading activity increased. Market participants...