Author: NBTC
Widely followed crypto analyst Rekt Capital is suggesting that Bitcoin (BTC) is at a point in its market cycle that has historically preceded massive moves to the upside. The pseudonymous analyst tells his 483,000 followers on the social media platform X that BTC is at a major turning point that has unfolded in previous chapters of Bitcoin’s history. Rekt Capital’s chart suggests that BTC goes parabolic right after convincingly breaking through the previous all-time high. “BTC. We are here (green circle).” Source: Rekt Capital/X After a bounce off of the $65,000 mark, the analyst says that Bitcoin has officially confirmed…
According to the latest cryptocurrency news, the Hinkal Protocol has recently reached a transaction volume of $3 million hETH. This achievement occurred after Anonymity Staking gained momentum because blockchain users seek privacy-focused options. hETH reached $3M volume in our @CurveFinance Pool! Anonymity Staking is shaping the privacy ecosystem – and our stakers are the main drivers of it! Deposit your hETH in the Curve Pool to enjoy extra yield: https://t.co/Fy8e35DrD4 pic.twitter.com/xSEi3ZrKAE — Hinkal (@hinkal_protocol) September 25, 2024 People wanted to stay anonymous or unknown to hide their identities or transaction details. As a result, the Hinkal Protocol is becoming a…
At a recent event in Singapore, Vitalik Buterin talked about growing concerns over Ethereum’s network security. Specifically, the creator of the blockchain highlighted some overlooked vulnerabilities that could pose a big threat, even though the current staking mechanisms can be called robust. It all centers on solo stakers, which Buterin called the first and last line of defense, which play a big role in keeping the network secure. They make sure that censorship is blocked and that the blockchain is not corrupted by hackers. By resisting regulatory control, they protect the network from outright censorship. However, Buterin’s talk made it…
Sale of as much as $8 million of nodes to whitelisted buyers would begin on Nov. 6. Additional node sales after that could increase total raised to $37 million. Huddle01’s “dRTC Chain” is built using the Ethereum layer-2 project Arbitrum’s Orbit software stack, with a test network scheduled to launch two weeks after the node sale concludes. Huddle01, a blockchain project to provide decentralized audio and video conferencing – aiming to provide lower latency virtual meetings than Zoom and Google Meet – plans to raise as much as $37 million in a sale of network nodes. The 49,600 “media nodes”…
Algorand (ALGO) uses a carbon-negative blockchain and PPoS mechanism to support sustainable energy solutions. WePower (WPR) enables direct renewable energy trading, enhancing transparency and accessibility through blockchain technology. Power Ledger (POWR) facilitates peer-to-peer energy trading, reducing grid reliance and promoting local renewable energy use. The intersection of cryptocurrency and green energy is sparking a revolution. As the world pivots toward sustainable solutions, certain blockchain projects are leading the charge in the energy sector. These tokens aren’t just about profits—they’re driving real-world impact by promoting cleaner, more efficient energy systems. Let’s explore three tokens thriving in this space; Algorand (ALGO), WePower…
Exodus, a crypto wallet provider, has donated $1.3 million to Stand With Crypto, a bipartisan advocacy group focused on supporting pro-crypto candidates in the upcoming U.S. elections. The donation, first reported by Fox Business, comes at a crucial time, with just six weeks until Election Day. Stand With Crypto aims to educate and mobilize crypto voters nationwide, and Exodus’ contribution will help expand these efforts. Exodus’s website also showcases a banner in support of Stand With Crypto and its initiatives. Stand With Crypto, which has partnered with industry giants like Coinbase, is pushing to influence the political landscape in favor…
Samson Mow, vocal Bitcoin proponent and the chief executive officer of JAN3, has commented on a recent statement about the suggestion made by Senator Cynthia Lummis during the Bitcoin 2024 conference to transfer U.S. Federal Reserve banks’ reserves from treasuries into Bitcoin over the next five years. That would constitute 1,000,000 BTC – 5% of the Bitcoin circulating supply. Paul Vigna, co-author of the “The Age of Cryptocurrency” book, also made a comment on that suggestion, and Mow basically responded to him, citing Vigna’s tweet in his own. Mow’s statement on “Bitcoin volatility” Vigna pondered why the Federal Reserve would…
SolvBTC has been reportedly launched on the Avalanche network through Solv Protocol. This adds a new decentralized reserve of Bitcoin to the DeFi space. SolvBTC allows the holders of the developments based on the Bitcoin blockchain to receive a return on investment without losing the value of their Bitcoin. Avalanche shared this news with the crypto community through an X post. SolvBTC is live on Avalanche 🔺SolvBTC, powered by @SolvProtocol, introduces a “Bitcoin Reserve for Everyone,” designed to address the diverse consensus levels among Bitcoin assets 👇 pic.twitter.com/j3be5k8cFA — Avalanche 🔺 (@avax) September 25, 2024 SolvBTC: Bitcoin Reserves for DeFi…
At the Home Staking Summit, Ethereum founder Vitalik Buterin shared his views on solo staking and its potential to enhance the Ethereum network. Buterin engaged in a fireside chat with Singaporean TV host Samuel Chong, highlighting the crucial role solo stakers play in maintaining Ethereum’s security and decentralization. He also touched upon possible Layer 1 improvements to further support their contributions. Some thoughts on solo staking, what realistic value solo (+ small-business and community) stakers could provide to the network, and what changes L1 can make to better support solo stakers. https://t.co/3JfELpjQBx — vitalik.eth (@VitalikButerin) September 24, 2024 Read also:…
Circle has launched Compliance Engine, a tool designed to help businesses meet regulatory requirements through customizable, automated compliance checks. The feature is integrated within Circle’s infrastructure, eliminating the need for separate third-party solutions and streamlining the compliance process for companies operating in the digital asset space. As businesses navigate the complexities of evolving regulations, Compliance Engine offers functionalities such as real-time transaction screening, periodic transaction monitoring, and adherence to the Travel Rule for secure transmission of personal information between virtual asset service providers. These capabilities allow companies to define risk levels, automate enforcement actions, and develop preventative blocklists tailored to…