Author: NBTC

2024 was projected to be one of the biggest years yet for the crypto industry. But barely a few weeks following the widely anticipated Bitcoin halving, bitcoin’s price dropped 11%. Aside from the bitcoin ETF approval, this year has actually been underwhelming for the industry, with little progress despite all of the work during the bear market. However, it’s clearly not time to call the final score on 2024 yet. We’re not even halfway through the year, and the impact of the halving has typically been seen months after past cycles. But perhaps there is a more important question to…

Paris Match, the French magazine world-renowned for its photojournalism, announced Monday that it will auction a series of archival photos as NFTs to commemorate the publication’s 75th anniversary. The auction, which begins today, will feature 75 Ethereum NFTs of iconic photos from the Paris Match archives. The digital files will also come with numbered and signed physical prints of the same images. Starting bids for each photo will begin at 0.3 ETH, a sum worth about $1,062 at writing. Paris Match photos selected for today’s sale include those featuring such cultural icons as The Rolling Stones, Jack Nicholson, Orson Welles,…

Tether CEO Paolo Ardoino recently emphasized USDT’s significant role in driving demand for the US dollar in emerging markets. Ardoino’s comments were in response to an article suggesting that dollar-backed stablecoins contribute to the demand for US public debt. Over 300 Million People Use USDT Ardoino revealed that over 300 million people globally use USDT as a digital dollar, offering essential financial services to communities in developing countries. This stablecoin enhances the efficiency of money transfers and storage, bypassing traditional financial systems that often exclude the underbanked. “USDT is being used by more than 300 million people across the world…

Blockchain-based game MetalCore introduces its guild program called Barony system, according to an announcement from Studio 369, the team behind the title. This system allows players to establish self-governed factions, known as Baronies, enhancing their gameplay experience through accelerated progression, resource sharing, and recruitment opportunities. Players within these Baronies can unite to dominate large-scale PvP faction wars. Each Barony features a full hierarchy of roles, starting from the supreme Baron leader to Ministers, Knights, Initiates, and more. Higher-tier “Premium Baronies” enjoy additional privileges like exclusive in-game events. “With Baronies, we’re enabling gamers to create their own powerful in-game nations and…

Cardano’s Hoskinson advocates for a blockchain-paper dual system to enhance election security and transparency. RFK Jr. and Hoskinson support a dual voting system to mitigate electoral irregularities in the US. Political candidates like RFK Jr. and Trump are integrating cryptocurrency issues into their campaigns. Blockchain technology is being commended as a potential solution to electoral irregularities, with notable voices like Cardano Founder Charles Hoskinson advocating for its integration. The recent debate on X has brought this to the forefront, highlighting the limitations of relying solely on digital voting systems. Blackchain with paper for a dual system where the analog and…

Chinese cryptocurrency journalist and blogger Colin Wu has tweeted that the current situation with the bankrupt Mt. Gox crypto exchange and the funds in Bitcoin and Bitcoin Cash it owes to creditors may be beneficial for spot Ethereum exchange-traded funds recently approved by the U.S. Securities and Exchange Commission (SEC). Ethereum may potentially benefit from Mt. Gox uncertainty Wu quoted a post from the QCP Capital’s Telegram channel. The message says that the uncertainty about the Bitcoin payouts, which are to be made by Mt. Gox to its creditors in October, has the potential to benefit Ethereum when spot ETH…

Venezuelan political critics and activists have alleged that President Nicolás Maduro and his government are seeking ways to circumnavigate international sanctions, with crypto transactions being one of the methods they plan to use. Maduro failed to honor a free and fair election agreement scheduled for July. The disagreement led to the U.S. reinstating gold and oil sanctions imposed on some members of the Venezuelan government in late May. Chainalysis’ head of national security Andrew Fierman told Bloomberg that some regimes subject to sanctions try to evade them with crypto. Members of U.S. Congress expressed similar concerns in 2022 over whether…

Dogecoin continues to capture significant attention on the cryptocurrency market. This time, it is thanks to the growth of such on-chain value as whale-tier transactions and others, as 10 billion DOGE being transacted in a 24-hour period suggests. Let’s break down data from current indicators. A total of 1.5 thousand transactions were made with Dogecoin in the last 24 hours. While on June 7, 2024, there were 1.89 thousand transactions, and on June 9, 2024, there were only 1.18 thousand transactions. Dogecoin transactions are gaining interest and participation, as evidenced by this high level of activity. The market as a…

HC Wainwright has reiterated a buy rating with a target price of $4 for the Bitfarms (NASDAQ:BITF) stock. According to HC Wainwright analyst Mike Colonnese, Bitfarms is currently one of the “most attractively valued stocks in BTC mining.” The company’s indication that it’s open to a sale if that maximizes shareholder value suggests that any successful bid could come at a hefty premium compared to where BITF currently trades. Colonnese, who initiated coverage for the Bitcoin mining firm’s stock early this month, issued the bullish forecast for BITF in a research note published on Monday, June 17. Analysts reiterate buy…

IQ.wiki, a well-known blockchain encyclopedia, has recently announced an exclusive integration with an open-source project. As per the platform, it is integrating with Openmesh, an open-source project that targets developing data infrastructure to safely keep worldwide data. The company disclosed this development on its official social media account on X. We’re pleased to announce that @OpenmeshNetwork, an open-source project aimed at transforming data and infrastructure management has integrated the leading #AI assistant, IQ GPT Chatbot. pic.twitter.com/29SJD4TIjV — IQ (@IQWIKI) June 16, 2024 IQ.wiki Announces Integration between Its Chat Bot IQ GPT and Openmesh In its announcement, IQ.wiki expressed its enthusiasm…