Author: NBTC
Yuval Noah Harari, a distinguished historian and best-selling author, recently voiced his concerns about Bitcoin at the Bank of International Settlements (BIS) Innovative Summit 2024. Consequently, Harari’s opinions received widespread criticism from the crypto community. What Did Harari Say About Bitcoin? Harari noted that while the future might lean towards electronic money, historical trust in banks and governments to manage monetary flow has fostered societal trust. He believes it is a good idea to give central banks and the government the authority to create money. “When I look at Bitcoin, as a historian, I don’t like it because this is…
Ethereum price seems to be forming a base above the $2,820 level. ETH could break the $3,160 resistance and rise toward the $3,320 resistance. Ethereum is consolidating losses above the $2,880 level. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $2,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above the $3,160 resistance. Ethereum Price Eyes More Upsides Ethereum price retested the $2,820 support zone. ETH seems to be forming…
In an attempt to bolster the Ethereum layer-2 network’s gaming ecosystem, it appears that over $250 million worth of Arbitrum tokens will be unlocked over the next three years, following strongly positive support for a DAO proposal that’s currently being voted on by token holders. Arbitrum is a scaling network that enables cheaper and faster transactions than the Ethereum mainnet. It’s also attracted a number of prominent gaming projects, including the Xai layer-3 network, Treasure’s Infinity Chains, Proof of Play’s on-chain gaming network, the AnimeChain, and the upcoming ApeChain built to power Bored Ape Yacht Club-themed projects via ApeCoin. But…
The EThCC (Ethereum Community Conference) held in Brussels brought with it important updates for Solana and Lido. During the event, Lily Liu from the Solana Foundation explored the continuous evolution of the blockchain and its cross-sectional utility. On the other hand, Will Shannon from Lido presented new modules to enhance security and decentralization. Let’s see all the details below. Solana and Lido: perspectives on decentralization and security from the EThCC in Brussels Lido: decentralization and security with the new staking modules Multicoin Capital pushes for a pro-crypto senate: donation initiative in SOL Solana and Lido: perspectives on decentralization and security…
Peter Schiff recently reiterated his stance on Bitcoin, asserting that he does not own any despite widespread speculation to the contrary. Schiff’s comments come amid a questionable position of digital gold on the market. Schiff has been vocal about his views on Bitcoin, often contrasting its value and utility against traditional assets like gold. His latest remarks emphasize his disbelief in the cryptocurrency’s value, likening the enthusiasm around it to being “drunk on the Kool-Aid.” Schiff’s analogy to “the emperor’s new clothes” suggests he sees Bitcoin’s value as largely imaginary, promoted by collective belief rather than intrinsic worth. This perspective…
Cryptocurrency analysts of Coinidol.com report, the price of Ethereum (ETH) has declined from its low of $2,815 on July 5. Long-term analysis of the Ethereum price: bearish The current support level of $2,815 is the historical price level from April 13. The bulls have held the current support at $2,815 for the last three months. Over the past four days, the uptrend has stalled near the $3,000 high, while the decline has slowed above the $2,815 support level. In other words, the price of Ether is hovering between $2,800 and $3,000. If the largest altcoin rises and breaks through the…
Ripple CEO Brad Garlinghouse again takes a critical stance towards Dogecoin, asserting that he does not believe DOGE has been beneficial for the crypto industry. Garlinghouse criticized the largest meme coin by market cap during his session at the 2024 edition of the Consensus conference. Commenting on the 10-year outlook for the crypto industry, he stressed the need for the market to mature beyond speculation. “Not Sure Dogecoin is a Good Thing for Crypto” On this basis, the Ripple CEO cited an example with Dogecoin, the meme-inspired cryptocurrency with a valuation exceeding $23.22 billion. Despite acknowledging that making an illustration…
Oasis Protocol partners with AethirCloud to enhance Web3 and AI through advanced GPU-powered Trusted Execution Environments (TEEs). The collaboration aims to improve AI privacy use cases by leveraging each company’s expertise and enhancing their ecosystems. The partnership focuses on integrating secure TEEs to protect sensitive data, fostering innovation and development in AI applications. Oasis Protocol and AethirCloud have officially established a strategic partnership that will advance the integration of Web3 and artificial intelligence (AI), an important development for the IT sector. We’re excited to announce a new partnership with @AethirCloud to evolve the Web3 & AI landscape!Together we’ll explore enhanced…
Since the dawn of sport, athletes have built their legacy out on the playing field. We look up to their accomplishments; we hold on to their records, their milestones, and the countless moments that make up their wins. Starting in the 2010s, the introduction of social media transformed the playing field: giving us more access and insight into star players. A decade later, the emergence of NFTs gave fans and their favorite athletes a new way to connect. Now, blockchain-based collectibles and games are changing the way we see and engage with athletes: as fans increasingly have the tools to…
News regarding the approval of Ethereum (ETH) ETFs, which could trigger a new bull run in the cryptocurrency market, with the United States SEC playing a crucial role. Let’s see all the details below. The SEC at the center of the wait for spot ETFs on Ethereum (ETH): latest news Focus on the price of Ethereum Contradictory forecasts: analysts divided on the future of Ethereum ETFs The SEC at the center of the wait for spot ETFs on Ethereum (ETH): latest news As anticipated, Ethereum ETFs are considered a possible spark for a new bull run, but the approval of…