Author: NBTC
Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting period – a window of time following a digital-token sale or airdrop where early investors, such as founders, project contributors and venture-capital backers, are locked up from dumping their allocations. Projects typically do this so that the price of that token doesn’t crash immediately after a listing, say if big stakeholders were to sell right away. Another goal is to make sure insiders and early backers keep skin in the game, an assurance of good faith, as it were. Now…
Samson Mow, the former CSO at Adam Back’s Blockstream and now the chief executive at a Bitcoin-adoption company Jan3, has published a Twitter/X post to announce that the long-anticipated fourth BTC halving has finally arrived. “Bitcoin quantitative hardening” is here Mow has referred to it as the “4th Bitcoin quantitative hardening.” Here, the influencer opposes it to quantitative easing that the US Fed Reserve has taken to quite frequently over the last few years, injecting billions and trillions of US dollars into the economy and, as many experts believe, has started to debase the US dollar. The 4th #Bitcoin Quantitative…
The first data was announced in the critical week for Bitcoin and altcoins. Although PPI data came above expectations on a monthly basis, it came in line with expectations on an annual basis. Although the BTC price experienced a momentary decrease after the data announcement, the price was not affected much. FED President Jerome Powell, the second biggest event of the week after the PPI data, started his speech at the Dutch Foreign Bankers Association panel. Here are the headlines: “The US economy is performing very well. The US economy has a very strong labor market. There are still labor…
As one of the earliest organizations working in the blockchain sector, Omnisea is on track to launch an innovative tool on the 1st of June, explaining a major event in the firm’s life. Named OSEA Drop-Staking, the new function is a turning point, as it provides a dual solution and financial opportunity for its Holders and introduces a fresh component of gamification for its creators. 🎉 Introducing: Revenue Sharing with OSEA Drop-StakingOn June 1, the most significant functionality in the history of OSEA will be unveiled. As a Launchpad, Omnisea has developed a stable revenue stream, and now we want…
Michael Saylor, founder of MicroStrategy business intelligence giant, has hinted at a massive surge in the BTC price after the halving takes place. In this case, he turned to how the events developed after the previous halvening in 2020. He also published a celebratory tweet once the halving finally happened. Saylor points to clear correlation between BTC price and halving Founder and former CEO of the above-mentioned business giant, who is now in charge of its Bitcoin strategy, took to the X platform to hint that he expects the Bitcoin price to see a tremendous boost after the fourth BTC…
The Ghanaian government’s next phase in its digitalization drive is set to be the adoption of blockchain technology, according to the country’s vice president. He stated that his administration aims to become one of the few governments worldwide powered by blockchain, and the first in Africa. A Blockchain-Powered Government The Vice President of Ghana, Mahamadu Bawumia, has stated that the adoption of blockchain technology is set to be the next phase of his government’s digitalization drive. Bawumia argued that the adoption of this technology will not only ensure government data and records are tamper-proof but will also make his administration…
In the early hours of Saturday (GMT), the crypto world witnessed the highly anticipated fourth Bitcoin halving event. This significant occurrence has reduced the new supply of Bitcoin by half, now producing only 3.125 new coins every 10 minutes, down from the previous rate of 6.25. OFFICIAL: #BITCOIN BLOCK REWARD HALVED TO 3.125 #BTC! 🎉 pic.twitter.com/QWIlvFvQ3f — Bitcoin Magazine (@BitcoinMagazine) April 20, 2024 This reduction equates to nearly $30 million worth of Bitcoin that will no longer be entering the market each day, setting the stage for potential price increases if demand remains steady or grows. Past halving boost optimism…
The old saying “any publicity is good publicity” appears to hold true for memecoins. Even the flimsiest kind of publicity. Jeo Boden {{BODEN}}, a joke crypto token named for a mispronunciation of U.S. President Joe Biden’s name, surged as much as 25% Wednesday after his Republican challenger, former president Donald Trump, responded to a reporter’s question about it. “I don’t like that investment,” Trump said at an impromptu press conference at his Mar-a-Lago resort in Palm Beach, Florida, after a reporter described BODEN to him and said it had a $240 million market capitalization. After peaking at $0.42, BODEN fluctuated…
May 2024 – AI gone-rogue Web3 game Shutdown has announced its partnership with Web3 gaming platform, Immutable. The partnership will see Shutdown launch on Immutable zkEVM, powered by Polygon. Built by Garage Studios, Shutdown is an action-packed We’ve shooter game set in a dystopian universe where AI has gone rogue. Players engage in fast-paced battles against virtual opponents as humans fight for what is left of the universe. Immutable is at the forefront of Web3 gaming. The platform brings the best of digital ownership to every developer by making it safe to build and publish on the blockchain. Players also…
The BTC price usually drops prior or soon after the halving event. The question is how long it would take for Bitcoin to bounce back. Bitcoin mining is the process by which transactions are verified and added to the blockchain through computational work. Miners play a crucial role in maintaining the integrity, currency and immutability of the blockchain ledger. As a reward for their efforts, miners receive newly created Bitcoins. Since Bitcoin’s inception, there have been four halving events, with the latest occurring April 19, 2024. Around each event there was a minor drop in the BTC price. Reduced rewards…