Author: NBTC
Stocks and ETFs connected to quantum computing have recently gained significant attention from the investing community. Stocks like IONQ, RGTI, QBTS and QUBT and ETFs, including QTUM, have registered massive growth in the last 30 days. Let’s examine the scenario. Ready? Call Options Surge for Quantum Computing Stocks Reports suggest that the call options trading value for quantum computing stocks like IONQ, RGTI, QBTS and QUBT now stands at at least 2,500% above the average. Reports add that the call options volume on these stocks has increased nearly 10 times in the last 30 days. Since December 1, the IONQ…
A sharp market drop on Tuesday led to one of the worst days in recent months for major tokens and midcaps. The decline came after Google revealed it was conducting benchmark tests on its new Willow quantum computing chip, raising concerns over the impact on crypto privacy and wallet security in the market. Litecoin was no exception, plunging over 8%, briefly dipping to $104, and eventually recovering to around $113. Despite this, it continues to lead several prominent altcoins in terms of network activity. Litecoin Sees Record Activity Litecoin continues to demonstrate strong usage as one of the older Layer…
India’s Ministry of Finance recognized DeFi’s innovation but warned of risks to economic stability and consumer protection. During its G20 Presidency, India collaborated with the IMF and FSB to address vulnerabilities in the crypto ecosystem, including DeFi and stablecoins. As many countries, including the United States, show growing support for cryptocurrency, India’s Ministry of Finance recently discussed its views on Decentralized Finance (DeFi), highlighting both its promise and the challenges it poses. In response to a question in the Rajya Sabha, Pankaj Chaudhary, Minister of State for Finance, acknowledged DeFi’s innovation but expressed concerns about its “impact on economic stability,…
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI). From Crypto to AI: Hive Digital’s $30M Leap This week company noted that it has invested $30 million in Nvidia H100 and H200 GPU clusters, enabling Hive to support AI and cloud computing needs while diversifying its revenue streams beyond bitcoin (BTC) mining. The expansion is expected to generate over $35 million in annualized revenue by mid-2025, according to the company. The H100 cluster, comprising 248 GPUs, has been installed and…
Band Protocol, a cross-chain data oracle network, has announced a strategic partnership with OKX’s X Layer, a zero-knowledge (ZK)-powered layer 2 network. Through the collaboration, Band Protocol integrated its data oracle chain on the X Layer network to strengthen blockchain interoperability and offer dApps with smooth access to real-world data. Band Protocol described the alliance as a significant development in delivering decentralized, reliable data solutions to decentralized applications worldwide. The collaboration is in line with Band Protocol’s vision of widening data access across the decentralized ecosystem. 🚀 We are delighted to share our integration with @XLayerOfficial, a ZK-powered L2 network.…
Ethereum (ETH) has started to climb some levels after it fell to the $3,100 support zone last week. The second-largest cryptocurrency is attempting to break from its downtrend, with some market watchers suggesting it is poised for a massive run in 2025. Ethereum Key Levels To Reclaim With only a week left in 2024, several market watchers have started forecasting the crypto market’s potential performance for next year. Despite the recent pullbacks, several analysts have predicted a remarkable performance for Ethereum in 2025. The King of Altcoins has struggled to turn the $4,000 level into support. After breaking past this…
Singapore Management University (SMU) partners with Aptos Foundation to establish its first Blockchain Professorship, advancing blockchain education and research. SMU’s collaboration with Aptos Foundation strengthens Singapore’s position as a global leader in blockchain innovation and talent development. Singapore Management University (SMU) has received a $1 million gift from the Aptos Foundation. By directly supporting Singapore’s goal to be a worldwide hub for blockchain innovation, this strategic alliance is meant to help SMU become an even more prominent leader in blockchain technology. Unlike many joint projects with short-term objectives, this one stresses long-term effect by means of talent development, innovative research,…
David Schwartz, chief technology officer at San Francisco-based enterprise blockchain company Ripple, has taken a not-so-veiled dig at the US Securities and Exchange Commission (SEC) in his social media post. “Merry Christmas to everyone who opposes regulation by enforcement,” he said. Ripple has been at the forefront of the cryptocurrency industry’s long-standing fight against the SEC. The agency’s controversial “regulation by enforcement” strategy attracted a strong backlash from industry leaders. As reported by U.Today, Ripple CEO Brad Garlinghouse has slammed SEC Chair Gary Gensler as the “Luddite of his his time.” Last month, Schwartz sharply criticized the so-called Operation Chokepoint…
Caduceus, a well-known decentralized platform focusing on Web3, Metaverse, and AI, has announced a collaboration with Port3 Network. The partnership between Caduceus and Port3 targets to advance the decentralized innovation. The platform disclosed this endeavor on its social media account. 🚀 Excited to announce @Caduceus_CAD partnership with @Port3Network ! 🌐 #Port3 is building a scalable, decentralized data infrastructure to meet this need. 💡✨🎉Together, we’re shaping the future of decentralized experiences and digital innovation. Stay tuned for what’s… pic.twitter.com/CZctMQZhlF — Caduceus (@Caduceus_CAD) December 24, 2024 Caduceus Collaborates with Port3 Network to Advance Decentralized Experiences Caduceus mentioned that by collaborating with Port3…
The public discussion around scaling in the last few years has become poisoned and captured by an incredibly toxic and defeatist attitude: “Why bother?” “Why bother trying to scale? Basic napkin math shows it’s impossible no matter what we do for everyone to self custody.” “Why bother trying to scale? People are stupid and lazy anyway, even if we did people would just use a custodian anyways.” “Why bother trying to scale? I’ve got mine, I’ll be rich enough for self custody, who cares about the stupid and lazy plebs anyways?” This attitude is permeating the entire space more and…