Author: NBTC
Samson Mow, prominent Bitcoin evangelist and CEO at JAN3 BTC adoption-focused company, has shared that he believes he is currently in a situation similar to Michael Burry from “The Big Short” movie. The only difference is that rather than making a “big short” on mortgage bonds in the U.S. market, Mow is taking a “big long” on Bitcoin, with a hunch that the world’s leading cryptocurrency is about to demonstrate an “Omega candle” and soar through the roof. Mow takes “big long” on Bitcoin, expecting Omega candle In a recent tweet, Bitcoin believer Samson Mow confessed that he sometimes feels…
In a newly released report, the Proof of Stake Alliance (POSA) and co-authors Khushi Wadhwa, Nikhil Raghuveera and Jane Khodarkovsky urge the Ethereum community to assess the legal and policy ramifications of unconditional inclusion lists, a mechanism proposed to ensure censorship resistance on Ethereum. The paper calls for a nuanced discussion on whether such lists genuinely preserve Ethereum’s principles of credible neutrality and censorship resistance. Ethereum inclusion lists, in essence, ensure that specific transactions are included in blocks, preventing validators from excluding them based on their content or origin. The idea is that by mandating inclusion, Ethereum can better guarantee…
Grayscale, through NYSE Arca’s recent filing, is moving to convert its Digital Large Cap Fund (GDLC) into an ETF, aiming to list and trade shares on the NYSE. The fund currently holds a diversified mix of digital assets, with Bitcoin comprising 75.46%, Ether 17.90%, Solana 4.13%, XRP 1.86%, and Avalanche 0.65%. Grayscale’s Digital Large Cap Fund, launched in 2018 and with $540 million in assets under management, was among the first funds to provide exposure to a basket of large-cap digital assets without directly holding the assets. Converting GDLC to an ETF could unlock approximately $167 million in value for…
Pudgy Penguins™ and Mythical Games, two Web3 gaming platforms, have unveiled their latest AAA mobile game, Pudgy Party, as revealed to Finbold on Wednesday, October 31. Pudgy Party is a fresh take on the classic knockout royale genre, emphasizing collaboration and allowing players to share rewards in a new virtual setting. Set to release on iOS and Android in 2025, Pudgy Party promises easy pick-up-and-play mechanics, straightforward controls, and other accessibility features. Expanding the Pudgy Penguins franchise Pudgy Penguins have found their way from mobile screens to toy shelves, bringing the franchise to the mainstream. Luca Netz, CEO of Pudgy…
After reaching new all-time highs in March, the price of Bitcoin has never risen above $73,000 again. This long period of lateralization, also accompanied by some brief crashes, is leading fewer people to make transactions in BTC. The decline in active addresses and the drop in the price of Bitcoin The data of the past The holding of transactions Analysis of today’s Bitcoin (BTC) price The decline in active addresses and the drop in the price of Bitcoin In March, the number of daily active addresses on the Bitcoin blockchain had a peak exceeding one million, and on average it…
In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794. As BTC rallied by over 8.5% in the past week, Ethereum’s gains have been more modest, reflecting a 5% increase during the same period, according to data from CoinMarketCap. Ethereum (ETH) lagging as Bitcoin (BTC) nears ATH While Bitcoin continues to shine, with prices recently approaching $73,600, Ethereum’s journey back to its all-time high of $4,878, set…
io.net, a decentralized distributed compute network designed to enable machine learning at scale, has formed a strategic partnership with TARS Protocol, one of the only AI-driven, scalable Web3 infrastructure platforms native to Solana and backed by the Solana Foundation. The two firms have decided to work together to find ways to integrate their respective platforms and launch cooperative projects to hasten the spread of decentralized artificial intelligence (AI) and Blockchain-as-a-Service (BaaS) solutions. Together, io.net and TARS Protocol are developing innovative services and solutions for the AI and Web3 ecosystems. By working together, the two firms want to quickly help developers…
AVNU has integrated Oracle Pools of Ekubo Protocol, unveiling an improvement in price precision for Starknet-based developers. This integration permits the developers to utilize the innovative Oracle Pools of Ekubo to offer a dependable price oracle on-chain by locking up minor liquidity within the Oracle Pool of the $EKUBO token. The platform took to its official social media account to provide the details of the integration. GM ✨@EkuboProtocol Oracle Pools are now fully integrated into AVNUThose pools enables developers to create a fully on-chain manipulation resistant price oracle on Starknet by locking up a small amount of liquidity in the…
Dormant Bitcoin whales continue to arise from the dormancy in which they have spent the last 10-12 years. Today, according to the popular blockchain tracker Whale Alert, which monitors large crypto transactions, another wallet was reactivated after many years of staying out of the market game. This whale has experienced a mammoth growth on his initial Bitcoin investment, made when the shadow of the mysterious BTC creator Satoshi Nakamoto still hung over the crypto community. Satoshi-era wallet returns with huge profit The wallet in question was reactivated after 11.9 years unused, and it contains 31 BTC. This seemingly modest amount…
Ethereum (ETH) price has climbed more than 7% in the last seven days. Despite the gains, whale activity remains cautious, reflecting some hesitation among large holders. On the technical side, EMA lines are indicating a bullish setup, suggesting that momentum could continue building. If the uptrend sustains, ETH could see further gains, though key support levels may come into play if the trend weakens. ETH Net Transfer Volume Reached Its Biggest Value Since May ETH’s net transfer to exchanges turned positive on October 29, with 35,000 ETH moved to exchanges. This typically indicates bearish sentiment, as holders transferring assets to…