Author: NBTC
Peter Brandt does not hold back when it comes to Ethereum, as the veteran trader has been vocal about his skepticism for years, and he is not changing his tune now. Ethereum? Still weak, still losing ground against Bitcoin. Still, in his view, a bad bet. But here’s the part that caught people off guard: he did not dismiss the possibility of a short-term move entirely. The broader crypto market has not exactly been smooth sailing. In a matter of hours, an estimated $8 billion were wiped out in liquidations. The total market cap? Down by about $540 billion. Bitcoin…
December 2024 marked a crucial month for Algorand, with significant progress in the tokenization of real-world assets, an increase in network decentralization, and an extraordinary growth in interaction on social media. Let’s see all the details in this article. Increase in nodes and success on social media: a positive balance for the Algorand network Greater decentralization through the increase of nodes Updates from the Algorand Foundation The expanding ecosystem Increase in nodes and success on social media: a positive balance for the Algorand network December 2024 closed an extraordinary year for Algorand, consolidating its position as a leader in the…
Jorge Tenreiro, the SEC’s top crypto hitman, just got pulled off the legal department. He’s now stuck in the agency’s IT department, buried somewhere under server maintenance and software updates. The transfer happened last week, right as the SEC scrambles to make peace with the same crypto companies it spent years dragging through courtrooms, according to a report from the Wall Street Journal. Tenreiro was the guy behind some of the SEC’s biggest legal battles, including lawsuits that could have defined how much power the commission had over the crypto industry. His reassignment comes after months of political pressure from…
Main Takeaways Binance Pay Travel Route is a blog series designed to offer a guide to the most interesting destinations where you can use Binance Pay for your travel expenses. Please note that not all the spots featured below accept Binance Pay. Argentina is a country where passion pulses through every street and landscape. From the cosmopolitan charm of Buenos Aires to the rugged beauty of Patagonia, this South American gem invites travelers to immerse themselves in a rich tapestry of culture, nature, and music. Known for tango, delectable cuisine, and awe-inspiring scenery, Argentina also boasts a vibrant music scene…
zkLink Nova has integrated with Symbiotic to improve cross-chain security. ZKL stakers now have the ability to pause suspicious activities. The system includes a mechanism to prevent unauthorized transfers that administrators can activate. Moreover, the system function ensures the protection and security of all transactions. Through integration, the system becomes more effective at detecting threats and preventing them during real-time operations. The zkLink official social media X account made this partnership public. 🚀 zkLink Nova x Symbiotic: A Game-Changer for Cross-Chain Security 🛡️1/ Big news! @zkLinkNova integrates with @symbioticfi to bring decentralized risk management to cross-chain transactions. ZKL stakers now…
Bitcoin’s price has dropped nearly 10% since hitting an intraday high of $102,735 on Tuesday. This decline has significantly affected miners, with daily revenue on the Bitcoin network sinking to a 30-day low. As buying pressure weakens, BTC risks slipping below $90,000, potentially amplifying losses for miners already facing financial strain. Bitcoin Miner Revenue Declines Amid Price Drop BTC miner revenue derived from transaction fees and block rewards has fallen steadily since January 2. According to Glassnode, it is currently at 398.20 BTC, down 24% over the past week. When Bitcoin miner revenue falls, it means that miners are earning…
Balancer V3, an automated market maker (AMM), has launched on Arbitrum (ARB), according to the most recent reports shared with Finbold on February 6. With features such as customizable AMMs, 100% Boosted Pools, and Hooks, the launch is expected to strengthen Arbitrum’s position as a leading Layer-2 (L2) blockchain in decentralized finance (DeFi). Smarter liquidity management Balancer V3 features bring much-needed improvements to existing liquidity management systems. As one of the standout additions, Boosted Pools allow idle liquidity to be dynamically redirected to external lending markets, ensuring assets are readily available for trading. Individual traders will benefit the most from…
Ethereum price has experienced a rollercoaster price movement, soaring from around $2,300 to over $2,900 in less than 24 hours, reflecting the volatility that currently grips the broader crypto market. This sharp surge has reignited discussions about Ethereum’s dominance and its ongoing battle against rival blockchains like Solana. However, the key question remains: Can Ethereum sustain this momentum, or will it face another wave of selling pressure? What Triggered Ethereum’s Sudden Price Surge? ETH/USD Daily Chart- TradingView Ethereum’s latest rally can be attributed to a combination of technical recovery, speculative buying, and political influence. The cryptocurrency initially plummeted, only to…
Never mind that Bitcoin is extremely volatile. Some parents are seeing beyond that and opting to invest in cryptocurrency instead of traditional 529 college savings plans, hoping for higher returns despite the risks. According to Bloomberg, a growing number of families are banking on Bitcoin as a hedge against inflation, which got worse in December, as consumer prices rose 2.6% compared to a year earlier. That’s up from a 2.4% annual pace in November. The bet is that Bitcoin is an asset with stronger long-term growth potential than conventional savings accounts such as the traditional 529 plan. Bitcoin, these parents…
Polygon’s highly anticipated Community Grants Program (CGP) Season 2 has officially returned, offering new opportunities for developers and blockchain projects within its ecosystem. With a pool of 35 million POL (Polygon’s native token) up for grabs, the program is designed to support innovation and accelerate development across a range of sectors. The application period for Season 2 runs from January 14 to April 15, 2025, and with multiple funding tracks available, this season promises significant support for builders and entrepreneurs in the blockchain space. SEASON 2 UNLOCKED 🔐• Polygon Community Grants Program (CGP) is back• 35M POL up for grabs•…