Author: NBTC
The Solana community is clearly in the midst of a cultural shock as numerous celebrities are entering the space with meme token launches, which creates an unseen case for the space. Caitlyn Jenner, Iggy Azalea and more celebrities launched numerous tokens, some of which have already plummeted substantially, bringing losses to investors, which clearly disappoints the majority of the Solana community. Through all this, we have three words, according to analyst Chris Burniske: “Just stake SOL.” Burniske, in his latest X post, gave clear articulation of his disinterest in celebrity coins, claiming that his interest is in the social dynamics…
AKEDO Games, a prominent platform within the gaming community, has recently obtained a strategic investment. As per the company, The Open Platform (an advanced venture capital firm focusing on the expansion of Web3 technologies), has invested in it. With this move, AKEDO intends to revolutionize the gaming sector on Telegram and TON. For this purpose, the company is leveraging its resilient distribution and development expertise. The Open Platform Provides a Strategic Investment to AKEDO Games The team of AKEDO has reportedly contributed to a few of the most popular game titles. They take into account PUBG Mobile, Rise of Kingdoms,…
Santiment reports a drop of 566K Bitcoin wallets since June 15, hinting at a potential bullish pattern as seen in historical market trends. Bitcoin’s recent market activity indicates a significant shift in investor behavior. According to Santiment, a market intelligence platform, the number of Bitcoin wallets with a balance has dropped by 566,000 since June 15, leaving 54.09 million wallets. 👋 There are currently 54.09M non-empty Bitcoin wallets on the network, dropping by a net of 566K since June 15th. Patient bulls should be pleased with this, as self-liquidating wallets from impatient non-believers is a sign of FUD-causing bottoms, just…
Market veteran Peter Brandt is bullish on Ethereum, suggesting the altcoin could rally to a new all-time high above $5,600 following formation of a horn bottom. Renowned trader Peter Brandt recently shared a bullish analysis of Ethereum (ETH) on X. Brandt’s commentary identifies a significant horn bottom pattern, suggesting a potential rally to new all-time highs of $5,600. The Horn Bottom and Rectangle Pattern Brandt called attention to the completion of a horn bottom pattern in February 2024. A bullish reversal pattern, the horn bottom typically forms after a prolonged downtrend and features a rounded bottom followed by a sharp…
Satoshi Protocol, a stablecoin protocol backed by Bitcoin (BTC), has successfully raised $2 million in its seed funding round led by CMS Holdings and RockTree Capital. The protocol, which enables Bitcoin holders to use their coins as collateral to mint the native SAT stablecoin, plans to use the funds to enhance network security and expand its integration across Layer-2 solutions, aiming for further traction within the ecosystem. Satoshi Protocol currently integrates with several Bitcoin protocols, including Bitlayer, BEVM, Omni Network, and Core Chain. The protocol recently collaborated with Binance’s Web3 Wallet Campaign, reaching over 172,000 users. Satoshi Protocol’s stablecoin integration…
VeChain-backed Green Ambassadors introduced new challenges on the Arctic Polar Vortex and Sustainable Coffee, an enhanced account system for better bot protection. The platform now features a comprehensive citation system for all challenge articles, allowing users to verify information accuracy and access reliable sources. VeChain-backed Green Ambassadors have unveiled significant updates and improvements to their Green Ambassador Challenge platform since its launch in April. The new features aim to enhance user experience and learning opportunities. https://twitter.com/GreenAmbChal/status/1795511475198427305?ref_src=twsrc%5Etfw New Challenges Introduced Arctic Polar Vortex: This challenge delves into the complexities of the Arctic polar vortex, its impact on global weather patterns, and…
Artificial intelligence (AI) is revolutionizing various sectors by enhancing data processing and decision-making capabilities beyond human limits. However, as AI systems grow more sophisticated, they become increasingly opaque, raising concerns about transparency, trust, and fairness. The “black box” nature typical in most AI systems often leaves stakeholders questioning the origins and reliability of AI-generated outputs. In response, technologies like Explainable AI (XAI) have emerged looking to demystify AI operations, though they often fall short of fully clarifying its complexities. As AI’s intricacies continue to evolve, so too does the need for robust mechanisms to ensure these systems are not only…
High-profile figures in the crypto industry underscore the continued investor interest in Bitcoin despite recent price fluctuations, Binance CEO Richard Teng said in a new X post. As evidence of this continued interest he pointed to the significant inflows into the U.S.-listed Bitcoin ETFs. Over the past six months, these ETFs have attracted over $14.7 billion in net inflows, highlighting strong investor confidence in BTC and digital assets in general. Teng’s findings are in line with recent data from Bloomberg, which shows that investors have viewed the recent price decline as a buying opportunity. Over the past two days, U.S.…
The story of the most iconic project in crypto-art begins in a gloomy neighborhood in Brooklyn. “The most polluted waterway in the whole country,” Matt Hall says of the surroundings that inspired his work with Larva Labs co-founder John Watkinson in the new documentary “What the Punk.” This 80-minute tale of counterculture follows two humble Canadian programmers who started experimenting with tech and art in 2005, and are now featured in Centre Pompidou in Paris, where CryptoPunk #110—donated by current IP owner Yuga Labs—has been exhibited since 2023. In the late 2000s, while developing mobile apps, Hall and Watkinson started…
Ether spot ETFs net inflows are likely to be 30%-35% of bitcoin equivalents, the report said. Citi said this gives a range of $4.7 billion-$5.4 billion of potential net inflows into ether ETFs over six months. Flows could underwhelm due to a lack of staking and bitcoin’s first-mover advantage, the bank said. Spot ether (ETH) exchange-traded funds (ETFs) in the U.S. could see net inflows at just 30%-35% the levels of spot bitcoin (BTC) equivalents, with distribution skewed to the downside, Citi (C) said in a research report last week. That level gives a range of $4.7 billion to $5.4…