Author: NBTC
Blackbird Labs, the restaurant loyalty platform founded by Resy and Eater co-founder Ben Leventhal, announced the launch of Blackbird Pay, a system that will allow participating restaurants to accept payment in cryptocurrency. Blackbird, backed by American Express and Andreessen Horowitz (a16z), raised more than $24 million last year amid a wider mania around Web3. The initial pitch for the platform – available in New York, San Francisco and Charleston – was to provide diners with a way to earn rewards and exclusive perks from some of their favorite restaurants. For the notoriously finicky restaurant business, the platform aimed to drive…
Michael Saylor, MicroStrategy’s executive chairman, recently reacted to a social media poll by centibillionaire Michael Dell, in which Bitcoin ended up emerging victorious. On June 28, the founder of the world-famous computer giant posted a poll in order to determine the most important thing: artificial intelligence (AI), Bitcoin, or love and relationships. The final results of the poll show Bitcoin in first place, with 43.1% of the vote. The “Love and relationships” option comes in a close second place at 39.2%. AI is in a rather distant third place, with 9.3% of the vote. Saylor has just posted a screenshot…
CCData, formerly known as CryptoCompare, is a data and analytics firm that specializes in providing comprehensive and reliable information about the cryptocurrency market. They gather, analyze, and present data on various digital assets, including prices, trading volumes, market capitalization, and historical performance. CCData offers these insights to individuals, institutions, and businesses to help them make informed decisions regarding cryptocurrency investments, trading strategies, and market analysis. Their services also include the provision of indices, data feeds, and analytics tools, which are essential for understanding market trends and dynamics in the rapidly evolving crypto space. On July 24, CCData Research published an…
Hyperbolic, one of the newer contenders in the race to apply blockchain tech to artificial intelligence, has raised $7 million in a seed funding round led by Polychain Capital and Lightspeed Faction. The AI boom has strained the global supply chain for graphics processing units (GPUs) and other hardware used to train AI models. Surging hardware prices have squeezed all but the best-resourced AI outfits, making it difficult for startups and researchers to access AI alongside Big Tech companies like Microsoft, Google and Meta. Hyperbolic’s blockchain-based cloud platform aims to make AI hardware affordable for a wider swath of builders.…
Terra Luna Classic surprised many crypto community members by surging about 30% in the past week. The crypto token rallied despite its community rejecting a proposal to create an independent website. However, users attributed the LUNC price surge to positive developments from Terraform Labs (TFL) amid its Chapter 11 bankruptcy proceedings. Recently, the Terra Classic community overwhelmingly rejected a proposal to create a website modeled after Bitcoin.org. According to the community member who submitted the proposal, it was intended to integrate design processes and concept workshops to foster community cohesion. Only 4% of Terra Classic community members voted in favor…
Heading into the first half of 2024, crypto investors are wondering about the future of Bitcoin, which continues to lose value after hitting an all-time high in March. Table of Contents Fear and Greed Index records sharp decline What will happen to the Bitcoin ETF? Will the situation improve? According to Bloomberg, Bitcoin (BTC) has lost about 13% in value since March, after sharp surges of 67% and 57% in previous quarters. Amid the decline in the price of the first cryptocurrency, questions have emerged about whether cracks in momentum trades such as Bitcoin indicate a stricter outlook for risk…
The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digital currency — also known as the digital ruble — for widespread use as early as July 2025, Russia’s state-run news agency TASS reported today, July 30. According to TASS, Russia’s central bank governor, Elvira Nabiullina, delivered the news in a speech at a meeting of the country’s Federation Council. Nabiullina stated that if everything goes as planned and the pilot programs are successfully completed, the country…
Ripple is now more focused on integrating advanced XRP Ledger features into its business to deliver secure and compliant decentralized finance solutions to customers globally. David Schwartz, Ripple CTO, confirmed this in a recent post on X following the company’s latest publication. In the report, Ripple stressed its overarching ambition to emerge as the foremost digital asset infrastructure solution provider for the financial services industry. As you’ll see in our latest blog post, Ripple is focusing on how to integrate more of the XRP Ledger’s technically and financially sophisticated features directly into our business—bringing the benefits of DeFi to our…
Bitcoin’s price premium on Coinbase has plummeted to negative levels rarely seen, CryptoQuant data showed. Similar readings in November 2022 and August 2023 foreshadowed imminent local price bottoms and subsequent rallies. Bitcoin (BTC) is trading at a deep discount on crypto exchange Coinbase, which could be a sign that the largest crypto asset’s price is bottoming foreshadowing the next leg higher. “Always darkest before the dawn,” asked David Lawant, head of research at institutional crypto trading platform FalconX, in an X post. “The last time the Coinbase premium was this negative was a couple of months before the massive rally…
The world’s largest crypto Binance evaluated the potential impact and consequences of spot Ethereum ETFs, which opened for trading yesterday, on the market. Binance noted in a blog post that the US SEC’s approval of spot Ethereum ETFs could greatly impact the ETH price and the broader cryptocurrency market. ETFs Will Raise Ethereum Price! Binance analysts stated that they expect ETH ETFs to significantly increase demand and push the ETH price higher, following a similar trend observed with Bitcoin ETFs. “The approval of Spot Ethereum ETFs will lead to a significant increase in ETH prices due to increased demand from…