Author: NBTC

The S&P 500 index currently looks bullish. At present, it stands at 5,738.16. Since its mid-March peak of 5,253.63, the market has achieved at least 9.22% growth. Miles Deutsher, a crypto expert, conducted a comparative analysis between the S&P 500 market and the Bitcoin market. Some of the insights from his analysis are truly astounding. Read on! Bitcoin’s Current Position In this article, we explore the Bitcoin price prediction. Right now, the price of BTC stands at $65,607.99. In mid-March, it touched an all-time high of $73,000. This indicates that the current price of BTC is at least 11.26% lower…

Guggenheim Treasury Services and blockchain platform Zeconomy issued $20 million of tokenized commercial paper on the Ethereum blockchain. Zeconomy CEO Giacinto Cosenza said he sees “massive demand” for digital assets, as demonstrated by the success of crypto ETFs. Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday. A spokesperson for Guggenheim confirmed the transaction took place but would not comment further. The tokenization comes weeks after German industrial giant Siemens AG issued digital commercial paper via megabank JPMorgan’s Onyx…

BORA has officially adopted the Kaia Consensus Liquidity (CL) protocol, a strategic move to enhance its business operations within the Kaia blockchain ecosystem. The CL protocol, recently introduced by Kaia, offers an innovative approach to improving liquidity and staking for participants, creating opportunities for the BORA token to thrive. Both BORA and Kaia shared this update through their official X accounts, highlighting the core objective of this strategic collaboration, which is to serve the community better. Welcome @bora_ecosystem to the Kaia Consensus Liquidity Initiative! 🎉🤝 https://t.co/LOVca4rPOI — Kaia (prev. Klaytn & Finschia) (@KaiaChain) September 26, 2024 Kaia Consensus Liquidity: A…

On July 31, the Federal Open Market Committee (FOMC) will meet to decide on the Federal Reserve interest rate target. Expecting macroeconomic impacts, Finbold turned to artificial intelligence (AI) models for insights on Bitcoin (BTC) price and the cryptocurrency market. In each new meeting, the FOMC approaches the day it will finally start cutting the interest rate, as previously promised. Analysts expect this upcoming event will be positive for risk assets like cryptocurrencies and stocks, including Bitcoin. As of this writing, Bitcoin trades at $67,500, and the total crypto market cap is at $2.36 trillion. ChatGPT-4o bearish and bullish Bitcoin…

Shiba Inu (SHIB), the popular canine-themed meme coin, is fighting off bears in an unusual way. SHIB’s recent movements come amid a drop to the $0.00001370 price territory. Current Shiba Inu trend to watch According to CoinMarketCap, on the daily chart, SHIB declined 5.18% to trade at $0.00001371. This indicates that Shiba Inu’s investors and traders were withdrawing their investments from exchanges like Binance, OKX and others. Their reaction is, however, not surprising, as the broader market is currently facing increased volatility marked by the entrance of crypto bears. Despite this, Shiba Inu is experiencing an unusual trend in the…

Chain-agnostic stablecoin protocol defi.money has integrated LayerZero to bring omnichain liquidity to its network. LayerZero (ZRO) is an interoperability solution that offers a foundational layer for omnichain applications and blockchains. The LayerZero team announced the integration in a post on X on Sept. 26. The integration comes as defi.money’s stablecoin MONEY implemented the omnichain fungible token, also known as OFT. The OFT Standard is a token standard that allows for cross-chain token transfers. Users can send, receive, and deploy assets across blockchains. With this implementation, defi.money is now natively omnichain. Read more: LayerZero becomes BitGo’s official interoperability protocol for WBTC…

Edward Snowden, known as a former U.S. security official, has raised critical concerns about the privacy vulnerabilities of Bitcoin (BTC) transactions. Thus, he refuted the popular perception of their complete anonymity, placing particular emphasis on the serious privacy risks. In his speech during the past Bitcoin conference, Snowden explained that most transactions on the Bitcoin network can be traced down to specific individuals. He noted that various inputs and outputs, such as compliance exchanges, can link these transactions to specific users. This ability to track the history of transactions can reveal sensitive information about their lives and relationships. He further…

ZetaChain, a new blockchain platform, has reached a significant milestone by surpassing 3 million total accounts in July, according to data from Lookonchain. This achievement comes just 167 days after the platform was launched. This achievement highlights its rapid growth and increasing popularity among users. The total accounts of #ZetaChain surpassed 3M in July, 167 days after launch! The ZRC20 BTC holders is 915,423 and $WBTC holders on #Ethereum is 99,031. pic.twitter.com/qfNSyPkWIj — Lookonchain (@lookonchain) August 12, 2024 ZetaChain Sees Surge in ZRC20 BTC and $WBTC Holders ZetaChain has registered a significant increase in the number of users of its…

Crypto.com has introduced the Crypto.com AI Agent SDK, an artificial intelligence-powered software development kit designed to simplify interactions with blockchain functions—even through voice commands. This tool — available in beta — targets Web3 and AI developers looking to integrate natural language commands into their blockchain activities, per a Crypto.com release. The AI Agent SDK enables users to execute blockchain commands using everyday language. For example, instead of dealing with complex coding, users can simply say, “Create a new wallet address for me” or “Send 100 PayPal USD to Alice’s address.” The AI processes these instructions and executes them directly on…

One of the traders who figured out that the housing market was on the brink of collapse in 2007 says he’s long on Bitcoin (BTC) because of a weakening US dollar. In an interview on CNBC’s Fast Money, “Big Short” investor and Seawolf Capital co-founder Vincent Daniel says that the deterioration of the US dollar is driving his bullish stance on BTC. “We were long Bitcoin, we short Microstrategy. Being an investor or a trader, when you know you’re wrong, you’re wrong, and get the hell out. As a result, we stopped our loss on Microstrategy, but we kept Bitcoin…