Author: NBTC

Arcana Network, a trailblazer in the Web3 landscape, has recently partnered with the Vanar Ecosystem. This collaboration introduces Arcana’s revolutionary modular Layer 1 technology to VanarChain, enabling developers and projects to seamlessly create and innovate within the ecosystem. Arcana Network has already done a remarkable growth in the Web3 space, with:100+ Partners On board21K+ SDK Downloads2K+ Apps CreatedThey are bringing vast experience and innovation to the @VanarChain ecosystem. Discover more about their journey at https://t.co/dZkK6kGk7P pic.twitter.com/h5L7KWs3hu — Vanar (@Vanarchain) May 10, 2024 Since its inception, Arcana Network has achieved substantial growth and success. The network has onboarded over a hundred…

The journey toward approving Ethereum (ETH) exchange-traded funds (ETFs) faces considerable hurdles despite its promise for the crypto market. The US Securities and Exchange Commission (SEC) has shown a cautious approach, mirroring Bitcoin ETFs’ pathway before their eventual approval. Bundeep Singh Rangar, Founder and CEO of Fineqia, in an interview with BeInCrypto, highlighted the significant implications and challenges associated with Ethereum ETFs. The Market Impact of an Ethereum ETF Approval The approval of Ethereum ETFs is expected to mirror the impact of Bitcoin ETFs, enhancing accessibility and legitimacy. “The introduction of Ethereum ETFs would enhance accessibility and legitimacy, attracting new…

Major AI-related tokens have risen significantly in the last 24 hours, positively diverging from the cryptocurrency market. AI-Related Tokens Lead Crypto Market Surge With Impressive Gains In particular, native cryptocurrencies associated with SingularityNET (AGIX) and Fetch.ai (FET) showed notable gains, with Fetch.ai (FET) gaining over 6% and SingularityNET gaining 5%. Known for using artificial intelligence and machine learning to streamline business processes, Fetch.ai has surged significantly, rising over 15% in the past month alone. CoinGecko data reveals that the AI token market cap has reached an impressive $27.7 billion, registering a significant increase of over 10% in the last 24…

Geoff Kendrick, head of digital assets research at Standard Chartered, is still optimistic about Bitcoin, with his firm setting a year-end price target of $150,000. According to Business Insider, “Bitcoin’s price could still more than double this year,” said Kendrick. Speaking on BNN Bloomberg, Kendrick pointed out that Bitcoin (BTC) has recently faced a downturn, sliding 11% from its peak at about $73,000 in March. He noted that “this pullback stems primarily from slowing inflows into Bitcoin ETFs and rising tensions in the Middle East,” which have temporarily overshadowed the market. Despite these challenges, Kendrick remains confident about the market’s…

According to the hot development, Ark Invest has updated its application again by removing the staking part from the Ethereum Spot ETF application. It was known that the SEC did not want the staking feature for spot ETFs, as it made the asset a security. Now the removal of this feature from the application has led to speculation that there are negotiations between Ethereum Spot ETF applicants and the SEC and that the applications are shaped according to the SEC’s wishes. ARK, Ethereum Spot ETF başvurusundan staking özelliğini çıkardı. — Bitcoin Sistemi (@bitcoinsistemi) May 10, 2024 However, the reason for…

Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday. NYSE American told Exodus on Wednesday that U.S. Securities and Exchange Commission staff were still reviewing Exodus’ registration statement, which the company said had gone effective at the end of April. Exodus was supposed to uplist from OTC (over-the-counter) trading, the company announced earlier this week, with its Class A Common Stock continuing to trade on OTCQX through the end of the day Wednesday. Its common stock will now continue trading on…

Social crypto platform Friend.tech has bounced back 23% in the past 24 hours, after last week’s launch of its token and version two (V2) of its platform didn’t go to plan. Last week, the Friend.tech community was in uproar. The airdrop of FRIEND tokens was anything but smooth. Users reported that the claiming process was buggy, and that some new features brought in with V2 didn’t work. Many who were able to claim their tokens appeared to be immediately selling off their tokens, with FRIEND’s price tanking 46% from $2.78 to $1.49 in less than four hours, according to CoinGecko.…

Bitcoin arrived in 2008 but its creator to this day is known only by the pseudonym they chose: Satoshi Nakamoto. Many have spun up theories about who Satoshi really is—either to solve the mystery or, in some cases, to further an agenda of their own—but no one has offered a definitive answer. Satoshi Nakamoto: what we know The first evidence of the Bitcoin we know today turned up in August of 2008 when someone anonymously registered the domain name bitcoin.org. In October of that year, an author who went by the moniker of Satoshi Nakamoto published the Bitcoin whitepaper, “Bitcoin:…

Ethereum could use a much better system for charging transaction fees from its users, the network’s chief architect Vitalik Buterin argued in a widely circulated essay published Thursday. Buterin’s post, which laid out a path toward a more customized and equitable system, immediately garnered two sorts of reactions: Ethereum users, who expressed their excitement at the prospect of lower fees on the network’s costly mainnet; and Solana users and developers, who noticed that Buterin’s proposal sounded an awful lot like the Solana network’s own fee model. “It’s certainly a Solana-esque approach,” Mert Mumtaz, a prominent Solana builder and the co-founder…

The European Union is poised for a significant financial revolution. It is considering including crypto assets in its $12.88 trillion mutual fund framework, Undertakings for Collective Investment in Transferable Securities (UCITS). This bold initiative could dramatically transform the investment landscape across Europe. It can surpass the scale of the US’s spot Bitcoin exchange-traded funds (ETFs). Tipping Point for Crypto Integration in EU’s $13 Trillion Mutual Fund Framework The European Securities and Markets Authority (ESMA), the bloc’s financial markets watchdog, has started a thorough review. This initiative aims to expand UCITS’s eligible assets to potentially include crypto. Also, the authority seeks…