Author: NBTC

The DOG•GO•TO•THE•MOON (DOG) cryptocurrency has surged as much as 14% over the past 24 hours. According to CoinMarketCap data, its valuation currently stands at $886 million. This comes less than two months after the meme coin was airdropped to the holders of the Runestone Bitcoin Ordinal in late April. One of the hottest meme coins has also seen a 65% jump in trading volume over the past 24 hours. It is so far available only on such minor exchanges as Gate.io and Bitget. As reported by U.Today, DOG’s success has managed to revive interest in Runes Protocol, a new token…

Amidst the aftermath of the Bitcoin halving and a shifting landscape in the mining industry, insights from Manthan Dave, Co-Founder of Palisade, Ripple-backed digital asset custody platform, shed light on the evolving dynamics. —As the mining sector grapples with profitability challenges and potential consolidation, Dave offers perspectives on the future trajectory of the miner ecosystem. Dave delves into the implications of jurisdictional arbitrage, regulatory clarity, and the role of Spot Bitcoin ETFs in stabilizing the market post-halving. Additionally, Dave forecasts the potential impact of Ethereum ETFs and envisions Bitcoin’s price trajectory, suggesting a bullish outlook.Navigating the Post-Halving SqueezeDave reflects, “Everyone…

This week has witnessed exclusive NFT sales and developments. As per CryptoSlam (a prominent NFT data aggregator), the recent seven days saw Pudgy Penguins as the top NFT collection dominating the market in terms of sales volume. The NFT aggregator disclosed that the famous NFT collection has obtained a lot of attention in the community. CryptoSlam’s List of Top 10 NFTs Based on Sales Witnesses Pudgy Penguins at the Peak CryptoSlam pointed out that Pudgy Penguins saw $3,402,410 worth of sales during the recent seven days. The respective sales denote a 0.62% rise in the meantime. DMarket held the 2nd…

Despite market volatility, Ethereum (ETH) surged 3.1% to over $3,500, showing remarkable resilience. Analysts predict Ethereum could rally to $4,723.5 or higher, with a surge to $6,300 by late July 2024. 4lMt Gox sell offs and German dumping caused turbulence, but the market is recovering. Following a dip in the general crypto market, Ethereum has shown remarkable resilience by regaining footing. The world’s second-largest cryptocurrency by market capitalization has surged by 3.1% in the past 24 hours, bringing its price to just above $3,500. $ETH (Ethereum)’s $4,723.5 target goes UNCHANGED, meaning a near +60% upside from here could still take…

In a significant move within the cryptocurrency and blockchain space, OKX Ventures, the investment arm of the major crypto exchange OKX, has made a notable advance into the burgeoning market of tokenized real-world assets. On July 4, 2024, OKX Ventures announced its strategic investment in Compute Labs, a pioneering enterprise at the forefront of tokenizing enterprise-grade GPUs. This investment marks a crucial step towards integrating high-value computational assets with blockchain technology, offering a novel investment avenue to the public. Compute Labs is not just another startup; it’s a trailblazer in the tokenized asset sector, focusing particularly on high-performance computing power…

In the fast-evolving world of Web3 and cryptocurrency, strategic partnerships are pivotal. One such groundbreaking alliance has been formed between Sidus Heroes, a trailblazer in Web3 gaming, and DWF Labs, a prominent player in high-frequency cryptocurrency trading and investment. This partnership marks a significant chapter in Sidus Heroes’ journey, promising to bolster its development and expand its footprint in the Web3 arena. A Strategic Investment with Far-reaching Implications Sidus Heroes has recently announced receiving strategic investment from DWF Labs. Known for its extensive operations across more than 60 top exchanges where it trades spot and derivatives markets, DWF Labs brings…

Founders: Roy Sheinfeld, Roi Erez and Yaacov Slama Date Founded: 2018 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodes Number of Employees: 11 Website: https://breez.technology/ Public or Private? Private Roy Sheinfeld says the time for orange pilling is through. Sheinfeld, one of the three founders of Breez, a company that provides a software development kit (SDK) to institutions looking to utilize the Bitcoin Lightning Network, believes that while bringing people into the Bitcoin fold via education has helped broaden the Bitcoin community, it won’t be the driving force in onboarding the next…

Franklin Templeton, a veteran wealth manager with over $1.65 trillion in AUM, shares its bullish take on Ethereum (ETH) as a tech development and economic instrument. Despite savage competition, Ethereum (ETH) remains the backbone of decentralized economy and constantly unlocks new opportunities for the community. “Forefront of Web3 innovation”: Franklin Templeton praises Ethereum Global asset management heavyweight Franklin Templeton released its “Understanding the Value of The Ethereum Network” report covering the tech impact of the second cryptocurrency. It displays the most important features of the Ethereum (ETH) blockchain, its challenges and opportunities. The analysts of the investment giant stressed that…

Nearly half a million tokens were launched on the Solana blockchain in May. The increase in token creation is attributed to lower barriers to entry and increased desire to create a popular memecoin. In May alone, 455,000 tokens were created on Solana, dwarfing the numbers seen on other platforms. In comparison, 177,000 tokens were created on Ethereum layer 2 protocol Base, while 39,000 tokens were created on BNB Chain. The Ethereum mainnet and Layer 2 networks Arbitrum and Optimism each produced less than 20,000 tokens. Austin Federa, director of strategy at the Solana Foundation, attributes this rise to Solana’s unique…

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal) bitcoin mining operators, and how this might make the country lose millions of dollars as miners seek alternatives in neighboring nations. Paraguay Stands to Lose More Than What It Hopes to Win With Its Current Bitcoin Strategy Paraguay started to be considered an attractive destination for establishing bitcoin mining operations in 2018 with its cheap electricity that mainly comes from hydroelectric…