Author: NBTC
Ethereum cofounder Vitalik Buterin has cautioned against calling certain blockchain use cases attacks. He emphasized how such measures might open the door for censorship in blockchain networks compromising the openness and defiance of authority that are the foundation of these networks. In his most recent post, Buterin highlighted that the market mechanisms of blockchain technology, specifically the use of fees, are its strongest point. With the help of these mechanisms, applications that are prepared to pay for on-chain execution are accepted without bias or unpredictable limitations. He said that adding arbitrary definitions of what qualifies as an attack could create…
As Bitcoin adoption continues to increase day by day, many large companies have started purchasing BTC, following in MicroStrategy’s footsteps. The latest news on this point came from Nasdaq-listed fitness equipment manufacturer Interactive Strength. According to the announcement, the board of directors of Interactive Strength (NASDAQ: TRNR) has authorized the purchase of up to $5 million worth of Bitcoin. Interactive Strength announced in its official statement that its Board of Directors has authorized the maximum purchase of up to $5 million in Bitcoin. This purchase will be limited to 25% of the company’s average daily cash assets over the previous…
Artemis Finance, a well-known DeFi platform, has announced its partnership with Metis Decentralized Sequencer (DSEQ) Reboot. The partnership enhances liquidity and fuels adoption within the ecosystem of Metis. The platform provided the details of this collaboration on social media. Artemis Finance is thrilled to announce its integration into the Metis Decentralized Sequencer Reboot, a key step toward enhancing DeFi liquidity and driving adoption within the Metis ecosystem.The Metis DSEQ Reboot introduces an incentive mechanism that rewards performance,… pic.twitter.com/LvTIjHaFjx — Artemis (@Artemisfinance) January 11, 2025 Artemis Finance and Metis DSEQ Reboot Join Forces to Enhance $LST Adoption Artemis Finance asserted that…
Asset manager Fidelity transferred millions of dollars’ worth of Ethereum to Coinbase in less than two days, sparking speculation of a sell-off. Ethereum, like most other crypto assets, has seen massive price retracements recently. The leading altcoin has corrected 13% in the past three days, relinquishing all its gains earlier in the month. Amid the price struggles, large Ether holders are shifting substantial amounts of the asset to exchanges, adding to the bearish momentum. Data from on-chain analytical firm Lookonchain shows that Ethereum spot exchange-traded fund (ETF) issuer Fidelity recently moved a hefty amount to Coinbase. Cumberland Aids Fidelity’s 65M…
Seven in ten publicly traded bitcoin (BTC) mining companies are enjoying a strong start to 2025, with Riot Platforms leading the pack in terms of percentage gains among the top ten firms by market cap. Riot Platforms Rallies As 7 out of the Top 10 Bitcoin Miners by Market Cap Start 2025 in the Green Although miners continue to grapple with revenue constraints tied to bitcoin’s price holding below the $100,000 threshold, shares of these publicly listed BTC mining companies are trending upward, hinting at a favorable start to the year. As of Saturday afternoon, data from bitcoinminingstock.io reveals the…
A Shiba Inu whale amassed $21.72M in SHIB, boosting market optimism and driving a 2% price rise in 24 hours. SHIB burn rates surge, reducing supply and fostering bullish sentiment, with a target price of $0.000037 forecasted. Whale activity signals confidence in SHIB’s growth as investors eye potential highs amid favorable market conditions. A major Shiba Inu whale has sparked interest by adding $21.72 million in SHIB tokens to its holdings. This purchase came after the whale had been inactive for one month. On November 29, on-chain data from Arkham Intelligence revealed that the whale bought 98.196 billion SHIB from…
ZNS Connect, a decentralized and innovative naming system for Web3, has announced its latest partnership with Conflux Network. As a part of this collaboration, ZNS Connect will operate as Conflux Network’s name service provider to redefine the Web3 realm by streamlining domain accessibility and management. The platform disclosed the details of this partnership on social media. 🚀ZNS x @Conflux_Network! 🚀 ZNS is thrilled to be the name service provider for Conflux Network!🌐 Together, we’re breaking barriers and simplifying Web3 on the world’s only PoW/PoS hybrid blockchain. ✨Soon, you’ll be able to mint your Conflux domain and launch your Web3… pic.twitter.com/ybgjK44gcq…
On this day two years ago, Bitcoin suffered a huge drop, falling below $16,000. The crash was a moment of uncertainty for many investors, but for those who saw an opportunity, it has paid off handsomely. BTC historian Pete Rizzo took to X (formerly Twitter) to reflect on this event, saying, “Bitcoin crashing below $16k, exactly 2 years ago. Everyone who bought the dip is up +500%.” ✨ #Bitcoin crashing below $16k, exactly 2 years agoEveryone who bought the dip is up +500% 🚀 pic.twitter.com/uu2zWigLU0 — The Bitcoin Historian (@pete_rizzo_) November 22, 2024 This November marked the second anniversary of…
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to dominate conversations in the crypto space. With its recent price movements creating ripples of uncertainty, investors are asking: Will ETH drop further, or is a surge just around the corner? By analyzing the provided TradingView charts, we’ll break down the indicators and patterns to help answer this pressing question. How has the ETH Price Moved Recently? The current price of Ethereum (ETH) is $3,309.05, with a 24-hour trading volume of $29.86 billion, a market capitalization of $398.65 billion, and a market dominance of 11.88%. Over the past 24 hours, ETH’s…
After a turbulent 2023 followed by a recovery in 2024, the global count of crypto-automated teller machines (ATMs) is inching closer to its former high of 39,958, achieved on Dec. 1, 2022. Crypto ATMs Prove Resilient in Post-Terra and FTX Era, Near Record Numbers The trajectory of crypto ATMs saw dramatic shifts following the Terra stablecoin crisis and the FTX collapse in Nov. 2022. According to coinatmradar.com, the worldwide count of crypto ATMs hit its zenith of 39,958 by Dec. 1 of that year. Presently, the total number of these machines is only 1,092 shy of that peak. This marks…