Author: NBTC
The NFT market has pulled back sharply alongside a broader crypto selloff, with Bitcoin falling to $96,000 and Ethereum tumbling to $2,600. The latest data shows that the overall crypto market cap has contracted to $3.13 trillion from last week’s $3.5 trillion. According to CryptoSlam data, NFT markets have cooled this week as both prices and trading activity fell. The total sales volume reached $119.5 million — a 33% drop from the previous week’s activity. The market data shows an ongoing pullback in trading: NFT sales volume has fallen to $119.5 million from $137.9 million Wash trading on Ethereum (ETH)…
Canada’s crypto firms are stuck between two banking realities—ATB Financial, which welcomes Bitcoin and Ethereum businesses, and the country’s biggest banks, which want nothing to do with them. On Feb. 6, Bloomberg reported that ATB Financial, a government-owned bank in Alberta, has become a crucial ally for crypto companies in Canada, as most major Canadian banks remain hesitant to provide financial services to digital asset firms. The move has made Alberta a growing hub for blockchain businesses, with the provincial government aiming to generate $3.5 billion in revenue from crypto and tech by 2030. ATB, which reported $28.3 billion in…
Binance-backed Bitcoin staking platform Solv Protocol has introduced the SolvBTC.BERA vault as it looks to unlock the yield-generation market on Berachain. Solv Protocol announced SolvBTC.BERA on Jan. 13, noting that the deposit vault integrates Bitcoin (BTC) holders into Berachain’s decentralized finance ecosystem. The protocol aims to provide fresh yield-generation opportunities for Bitcoin holders on Berachain, an Ethereum Virtual Machine-compatible blockchain that uses a proof-of-liquidity consensus mechanism. Read more: Solv Protocol secures $11m strategic funding to drive BTC staking Users will be able to earn yield on their assets by depositing Bitcoin or Bitcoin-equivalent assets such as SolvBTC, SolvBTC.BBN, wrapped Bitcoin,…
Brian Norton transitioned from a literature background to blockchain, leading MyEtherWallet as COO and prioritizing security and user education. Under Norton’s leadership, MyEtherWallet continues to innovate, making Ethereum wallet technology more accessible and secure for everyday users. Brian Norton, the current Chief Operations Officer (COO) at MyEtherWallet (MEW), comes from an unusual history. Brian studied literature before diving into the world of blockchain technologies. The University of Illinois Chicago awarded him a Bachelor of Arts in English with a focus in Creative Writing. He also kept on with his studies at Loyola University Chicago, learning English and philosophy. Who would…
Peter Brandt, who is considered a legend in the financial markets with over 50 years of experience, has issued a new outlook on the price of the leading cryptocurrency, Bitcoin (BTC). Needless to say, the last few days have been rough for BTC enthusiasts, as the price once again lost its six-figure valuation, and amid the worst stock market drop since September, crashed to as low as $94,500, losing over 6.5% in just three recent days. We are talking about one of the largest assets in the world, with a market capitalization of nearly $2 trillion. In his latest outlook,…
Deutsche Bank AG, a multinational investment bank based in Frankfurt, has described the explosive growth of the DeepSeek AI tech, which wiped out over $1 trillion in the global stock market, as China’s ‘Sputnik moment’. According to a report on Wednesday, the bank said 2025 is the year that China eats the world. Furthermore, global investors have since realized that China is out-competing the rest of the world. As a result, more investors have proliferated into undervalued Chinese tech companies in anticipation of catching the bull rally, which Deutsche Bank believes started in 2024. What’s in for the Crypto Market…
The Cardano Foundation has unveiled a Venture Hub to support ecosystem projects. Despite this positive news, internal rancor remains within the Cardano ecosystem. The Cardano Foundation (CF), an independent, Swiss-based not-for-profit organization, unveiled a new pilot program called Venture Hub. The CF said the pilot program will assist projects building on Cardano with personalized guidance, technical expertise, and curated support. Key Focus of Venture Hub As revealed in a blog post, Venture Hub aligns with CF’s mission to support Cardano’s adoption and operational resilience. Introduced by CF’s educational arm, Cardano Academy, the Venture Hub is designed to refine the Foundation’s…
SFT Protocol, a decentralized asset ownership protocol, is excited to announce its groundbreaking partnership with ZNS CONNECT, an on-chain identity verification network. This collaboration aims to reshape the future of on-chain identity and decentralized ownership. 🌟 New Partnership Alert 🌟We’re excited to team up with @ZNSConnect to push the boundaries of on-chain identity and decentralized ownership 🤝🏻🔥This collaboration will enhance security, accessibility, and interoperability across the SFT Protocol ecosystem. Big things are… pic.twitter.com/7ld5hSIFCs — SFT Protocol (@SFTProtocol) February 7, 2025 The alliance further strives to present the SFT Protocol ecosystem with improved security, accessibility, and interoperability. It paves the way…
Mastercard’s Raj Dhamodharan predicts that more central banks will shift away from retail CBDCs, focusing instead on wholesale digital currencies for financial institutions in 2025. Central banks are rethinking their approach to state-backed digital currencies, with Raj Dhamodharan, Mastercard‘s head of crypto & blockchain, noting that while many once considered issuing their own digital currencies to keep pace with the private sector, the focus is now shifting. In a Feb. 6 blog post, Dhamodharan forecasted that in the near future central banks will stop prioritizing digital currencies for the general public. “Today, more and more central banks have concluded that…
The VeBetterDAO Dashboard consolidates key tools, such as Pool2Earn actions, a snapshot countdown timer for governance voting, and liquidity management for the B3TR/VET pair. The dashboard allows users to convert B3TR tokens to VOT3 for voting, manage liquidity, and track and claim rewards from previous rounds. The VeBetterDAO Dashboard, said to improve governance and user involvement within the VeChain, has gone live. VeChain on X (previously Twitter) unveiled it as “your one-stop shop to participate in the VeBetter governance.” The firm also thanked the efforts of the Better Collection team toward developing this new platform. This is further evidence of…