Author: NBTC

VeChain has, in its latest report, explained all the details surrounding the Renaissance upgrade as it claims VET would continue to operate as a core utility token of the VeChainThor. This upgrade would significantly reduce the VTHO inflation by 72.2% with annual value inflation starting point of 0.6%. In a recent update, we examined the much anticipated VeChain’s (VET) upgrade called VeChain Renaissance. According to that report, this upgrade is meant to ensure that stakeholders stay on top of regulatory and technical trends. Two months after that disclosure, VeChain announced that this upgrade would subtly modify the functionalities of VTHO…

Read More

Eric Balchunas, a senior ETF analyst at Bloomberg, has published a tweet about BlackRock’s spot Bitcoin ETF IBIT. Replying to an X user @rafaelnobel, Balchunas expressed a view that IBIT is unlikely to surpass the SPDR S&P 500 ETF Trust (SPY) or Vanguard S&P 500 ETF (VOO). IBIT unlikely to outpace SPY or VOO: Balchunas An hour ago, the Bloomberg’s ETF analyst tweeted that VOO had surpassed SPY in asset value. VOO holds $631,876 million worth of assets, while SPY is worth $630,394 million. @rafaelnobel tweeted that IBIT is going to be next. However, Eric Balchunas poured cold water on…

Read More

XRP has emerged as the top contender over Bitcoin for the best long-term technology, according to the views of community members. These comments came up on the back of a poll by Patrick Bet-David, the host of the popular PBD Podcast. In a tweet, Bet-David conducted a poll asking crypto community members which crypto asset has the best long-term technology. XRP Beats Bitcoin as Best Long-Term Technology Among the contenders he listed were XRP, Bitcoin, Ethereum, and “Other.” The poll quickly gained traction and gathered 178,803 votes on X (formerly Twitter). Interestingly, XRP claimed 43.8% of the vote, outpacing both…

Read More

Bitcoin may have formed a new key support level in the current bull market. In an X post on Monday, February 17, prominent Bitcoin analyst “Wicked” highlighted that the asset’s 200-day moving average had passed the $80,000 price level for the first time. Specifically, at the time of writing, the 200 DMA is at $80,343.61. The 200 DMA is an indicator highlighting Bitcoin’s average closing price over the past 200 days. It is often used as a trend indicator; the asset is believed to be in a firm uptrend if trading above it and in a downtrend if trading below…

Read More

he identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has long been a subject of speculation in the digital currency space. Matthew Sigel, Head of Digital Asset Research at VanEck’s, has shared his personal belief in the identity of the real Satoshi. Unraveling Satoshi Nakamoto: Why does this matter? Sigel argues that multiple factors have led him to conclude that Jack Dorsey, cofounder of Twitter, now X, might be the real Satoshi. He highlighted technical and circumstantial evidence, several patterns and timing coincidences as linking Dorsey to Bitcoin’s creation. Sigel also maintained that Dorsey has the motive and ability…

Read More

Japan’s 40Y Bond Yield has hit 2.85%, dangerously close to its historic 3% high. Japan’s predicament could cause a trickle-down effect that can spike U.S. yields and eventually send the crypto market into a downward spiral. According to data from Trading Economics, Japan’s 40-year Bond Yield peaked at 2.85% on March 10, based on over-the-counter interbank yield quotes. The site states the last time Japan’s 40Y Bond Yield reached an all-time high of 3% was in January 2011. However, Bloomberg noted that it also reached that level in January 2024. Japan is the holder of the world’s largest debt pile,…

Read More

The Bank of New York Mellon (BK) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of New York Mellon currently holds $13,280,431 worth of shares in Bitcoin ETFs. The bank’s holdings include 115,108 shares of WisdomTree Bitcoin Fund (BTCW) worth about $11.87 million and 25,309 shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth about $1.4 million. Other US banks are also holding BTC ETF shares. Banking giant JPMorgan Chase holds nearly $1 million worth of BTC ETF shares. Meanwhile,…

Read More

The total loss from the Trump-backed World Liberty Financial Initiative (WLFI) has reached $110 million. The project initially allocated $336 million to purchase nine crypto assets, which have now dropped in value to $226 million. Ethereum (ETH) makes up 65% of the holdings and is also the asset with the largest recorded loss. WLFI acquired Ethereum at an average price of $3,240 per token, but the current price is at approximately $2,059. This decline has significantly impacted the portfolio, with ETH contributing significantly to the overall devaluation. Other assets in the WLFI portfolio have also suffered losses, further compounding the…

Read More

Injective burns protocol revenue weekly, reducing token supply and increasing deflation, especially after the INJ 3.0 upgrade. With high protocol revenue and consistent burns, Injective maintains strong deflationary pressure and prepares for new upgrades in 2025. While many blockchain initiatives are still finding their footing at the start of the year, Injective is accelerating with significant innovations. The network has started a series of updates aimed not only at technological improvement but also at enhancing the whole user experience since January 2025. $INJ Simply Explained -> Burns protocol revenue across the chain every week -> One of the highest revenue…

Read More

M3 DAO has announced its new partnership with PoPP, all set to revolutionize Web3 identity. This alliance aims to enable a more intelligent and adaptable digital identity that users will fully own. This collaboration focuses on security, growing concerns for privacy, and personal data control. In this way, the synergy strives to take a step forward to make a decentralized future. 🔥 M3 DAO x PoPP: Revolutionizing Web3 Identity! 🤖🪙 M3 DAO is teaming up with PoPP @Hi_PoPPOfficial , an AI-powered decentralized identity platform that analyzes on-chain behavior to create dynamic user profiles. 🚀Together, we’re redefining how identity works in……

Read More