Author: NBTC

The cryptocurrency market showed a significant decline last week in response to the gradual postponement of the possibility of an interest rate cut as a result of strong employment data from the USA. The decline was especially experienced on the altcoin side. In addition, a large amount of tokens are expected to be unlocked in many altcoins in the new week. Here is the token lock opening calendar we have prepared for you as Bitcoinsistemi.com. (All times are indicated in Turkish time UTC+3) Cetus Protocol (CETUS) Market Value: $29.46 million Token Unlock Amount: $2.19 million (7.44% of market cap) Date:…

Alchemy Pay, a leading gateway bridging traditional finance with the crypto economy, has significantly widened its footprint across Africa. The recent rollout of new payment channels underscores its commitment to enhancing the ease of buying cryptocurrencies using local currencies. This initiative is part of a broader strategy to integrate more African users into the global crypto landscape, utilizing familiar and accessible financial tools. 🌍Greater access to crypto in Africa! #AlchemyPay introduces new payment channels in 9 African countries, empowering users to buy cryptocurrency with their local fiat currencies through local bank transfers. Dive into our blog to learn more!👉https://t.co/9qldO3qVyc$ACH pic.twitter.com/FkME60jsay…

Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these contracts that have not been taken advantage of and are blocked for utilization. Vulture Contracts Limiting Bitcoin Mining Operations Development in Paraguay The bitcoin mining industry in Paraguay is reacting to the involvement of the National Power Administration (ANDE) in the closure of several illegal bitcoin mining farms. Bruno Vaccotti, Head of Public Affairs of Penguin,…

Charles Hoskinson, founder of Cardano, has voiced frustration over what he perceives as unfair media coverage of the blockchain network. In a recent post on X, he highlighted a disconnect between Cardano’s capabilities and its public perception. Hoskinson Laments Cardano’s Media Coverage Hoskinson pointed out that despite numerous positive developments in recent months, media outlets and crypto influencers persistently portray Cardano as a failure. He criticized this narrative, emphasizing recent ecosystem advancements, including an upcoming hard fork. Hoskinson further asserted that Cardano will continue to thrive and provide solutions. “It’s beyond pathetic and just reflects on the low quality and…

Bitcoin approaches key resistance at $70,500 and crucial support at $67,800 as analysts closely monitor market trends. Bitcoin is again garnering attention, as it approaches critical market thresholds that could dictate its short-term trajectory. As a result, market analysts are closely watching a resistance level around the $70,500 mark, which could set the stage for new highs or signal the beginning of a deeper correction. Resistance at $70,500 A recent analysis by market experts highlights the $70,500 level as a major resistance point for Bitcoin. Tara, a market analyst, shared on X that exceeding this level might prove challenging. She…

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged Token While the past month has seen minimal growth in the stablecoin economy, the previous 90 days have welcomed an influx of $16.23 billion. For example, on March 11, the market cap of tether (USDT) was $101.18 billion, which has climbed to $112.5 billion today. This indicates…

Bitcoin’s (BTC) price has experienced a slight downturn in the past 24 hours, failing to surpass the $71,426 resistance level. Despite this, the cryptocurrency faces minimal resistance as it approaches a significant supply zone between $70,180 and $70,600, where over 450,000 addresses have purchased approximately 273,000 BTC. BTC chart (source: X) The robust support levels established below this zone reinforce the potential for bullish momentum to prevail, even amidst market fluctuations. Bitcoin Price Consolidations The recent market behavior shows Bitcoin’s price consolidating near critical resistance levels, with the $70,180 to $70,600 range being the pivotal zone for future price actions.…

Dominik Schiener emphasized IOTA’s strategic shift towards Real-World Asset (RWA) tokenization, aiming to digitize billions of assets onto the ecosystem. Schiener emphasized IOTA’s pioneering use of Directed Acyclic Graph (DAG) technology, distinguishing it from other cryptocurrencies and enabling seamless collaboration with various entities globally. Collin Brown: Mr. Schiener, thank you for taking the time for this interview. Let’s start with a basic question: What inspired you to found IOTA? Dominik Sheiner: When crypto started to take off, it was driven by a strong ethos to cut out middlemen and give back control to its users. Bitcoin was a tremendous inspiration…

The following is an excerpt on Bitcoin Pizza Day from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. Pizza Day is often viewed with a sense of regret. The well-known story goes like this: many years ago, Laszlo Hanyecz bought two Papa John’s pizzas, and in return, some fortunate person received 10,000 BTC.236 This tale resembles that of Peter Minuit purchasing Manhattan Island for a mere $24. It’s hard to believe such a transaction took place, considering the current value. The story has several intriguing aspects.…

Cardano Node 9.0 is set to launch in June. This update will prepare the blockchain platform for the much-anticipated Chang fork. Cardano’s founder, Charles Hoskinson, recently shared this major development on X. Also Read: Cardano Price Prediction 2024-2033 Hoskinson mentioned that the hard fork can occur once 70% of the Stake Pool Operators (SPOs) install the new node. This will propel Cardano into the Voltaire era, marking a state of full decentralization—a huge milestone for the network and the entire blockchain industry. Hoskinson called it the most significant event in Cardano’s history. Cardano has a bright future ahead, says Hoskinson…