Author: NBTC
Courtesy of Bitcoin magazine, Trump (left) with Bitcoin Magazine CEO David Bailey (right) Ever since Donald Trump became more vocal in support of Bitcoin heading into this year’s Presidential campaign, I’ve been sitting with a wide range of emotions and concerns. Outside of Bitcoin, as a left-leaning voter and vocal critic of Donald Trump, I have deep concerns with such an ego-centric, narcissistic character assuming power in the oval office again, not to mention the damage this could do to issues I deeply care about in the U.S. including a woman’s right to choose, reproductive rights, immigration, global affairs, and…
The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace, Mesh.trade, recently launched a $1.64 million (ZAR30 million) capital raise for the South African reverse mortgage provider Water Financial. The raise involved issuing 30,000 Series A preference shares which pay an equivalent of 87% of the prime lending rate. According to a report, the capital raise is the first of…
Cardano stake pool operator (Stake with Pride) has highlighted 3 fundamental conditions needed as the crypto community awaits the Chang hard fork. This upgrade aims to transition Cardano into a self-governing community. Cardano is on the cusp of a major upgrade, the Chang hard fork, which will usher in the Volaitre era, the last step towards full decentralization. As the Cardano community highly anticipates the game-changing hard fork, discussions about this significant upgrade have gained traction all over social networks. To set the stage for the Chang Hard fork, renowned Cardano stake pool operator (Stake with Pride) via X has…
Despite Bitcoin’s (BTC) mixed summer performance, one of Wall Street’s largest cryptocurrency miners managed to increase production. Riot Platforms (NASDAQ: RIOT) reported in its latest report a 45% increase in mining to 370 BTC in July. According to Riot’s report published this week, BTC mining in July reached 370 tokens, growing significantly from the 255 reported in June when Bitcoin prices were falling sharply. Although this is 10% less than in July 2023 (410 BTC), considering the average prices from these two periods, Riot would earn much more from the smaller number of Bitcoins mined last month. Riot Produces 370…
Router Protocol has announced a new partnership with OpenWorldSwap, a decentralized exchange (DEX) that integrates non-crypto games, real-world assets (RWAs), and AI components. This collaboration aims to enhance the blockchain experience. It will also simplify interactions and aggregating liquidity across various networks. Router Chain Supports Omnichain Dapps for OpenWorldSwap To create OpenWorldSwap, which will be an omnichain DEX, the firm will utilize Router Chain’s stateful bridging and chain abstraction service. This means that users will directly engage with several blockchain offerings without having to comprehend various underlying blockchains. Router Chain is a PoS Layer 1 blockchain and it does make…
The latest Morgan Stanley’s crypto-related news triggered optimism in the digital assets space as Bitcoin struggles to escape the $60K vicinity to the upside. X updates reveal that the US-based banking giant will likely approve Bitcoin exchange-traded funds across their wealth management platform. JUST IN: 🇺🇸 Morgan Stanley expected to approve #Bitcoin ETFs on their platform for all clients by the end of August (at the latest), according to a very senior source.🫡 @AP_Abacus pic.twitter.com/4E1jAxrrq9 — Bitcoin Archive (@BTC_Archive) June 25, 2024 All Morgan Stanley clients can expect to interact with BTC ETFs by August-end. That marks a crucial milestone…
The crypto market sank to its lowest levels in more than five months as Japan’s stock market balked at recessionary fears following a rate hike by its central bank last week. Bitcoin and Ethereum, the two largest cryptos by market capitalization, have fallen considerably over the last 24 hours, down 9% and 18%, respectively. Trading volumes surged by just over 214% Sunday compared to Saturday, driven by heavy dip buying, with volumes up around 226%, a spokesperson for crypto exchange Swyftx told Decrypt. Bitcoin, Solana, and Ethereum were the most traded, dominating the market at “unusual levels” and accounting for…
Crypto traders are increasingly using PolitiFi tokens to speculate on the US presidential campaign, with tokens linked to former president Donald Trump seeing significant price fluctuations. According to a recent Kaiko report, the MAGA token surged 51% in two hours following Trump’s shooting on Saturday, mirroring an increase in shares of Trump’s Media & Technology Group (DJT). Image: Kaiko Notably, weekly trading volume for MAGA has risen from $10-15 million in February to a peak of $120 million in June, indicating growing market interest. However, these tokens have shown little predictive value so far. The first notorious figure to advocate…
Northern Data announced that its revenue in the second quarter surged by 22%, defying expectations despite the impact of the Bitcoin halving. European Bitcoin (BTC) mining company Northern Data has rolled out its Q2 results published today, Aug. 6, boasting a 22% increase in revenue despite the challenges posed by the Bitcoin halving. The company reported Q2 revenue of €26 million, driven by performance from its cloud platform and investments in its data center footprint as well as mining facilities. Northern Data’s CEO Aroosh Thillainathan emphasized the company’s progress in enhancing its high performance computing capabilities and leveraging partnerships to…
Ethereum scaling solutions Optimism (OP) and Arbitrum (ARB) are leading the digital asset space being the only full-Ethereum Virtual Machine rollups to reach the “Stage 1” of decentralization. The stages were noted by Ethereum co-creator Vitalik Buterin who believes that all the developers should aim to achieve increased decentralization by the end of the year. On the other hand, ZK-EVM rollups like Starknet have not yet reached the first stage of decentralization. Ethereum co-founder Vitalik Buterin expressed on X that he hopes to see a ZK-EVM rollup achieve the same level of success as Arbitrum and Optimism. @Arbitrum and @Optimism…