Author: NBTC
Bitcoin‘s resilience shines through as it stages a remarkable recovery, climbing over 8% in a single day to reach $67,231.45. This bounce back, especially after a concerning dip below the $60,000 mark, reignites discussions around Bitcoin price predictions, with many investors and analysts eagerly speculating on the potential for new highs. As the trading volume soars to nearly $76 billion, the digital currency’s robust performance underscores its unwavering dominance and the sustained investor confidence in its long-term value proposition. Bitcoin Price Prediction Bitcoin (BTC/USD)’s pivot point at $65,000 serves as a foundational marker, delineating the bullish territory. Immediate resistance levels…
A Close Examination by U.S. Offices Reveals No Need for New IP Laws In a groundbreaking assessment conducted by the U.S. Copyright Office and the U.S. Patent and Trademark Office (USPTO), it has been determined that the current framework of intellectual property (IP) laws sufficiently encompasses the burgeoning realm of Non-Fungible Tokens (NFTs). This conclusion comes amidst widespread concerns over piracy and IP infringement within NFT marketplaces. Unraveling IP Challenges in the NFT Ecosystem The collaborative study, unveiled on March 12, delved deep into the implications of IP law and policy as they pertain to NFTs, a digital phenomenon that…
Ethereum (ETH) has caught the attention of investors as its risk reversals turned negative for upcoming expiries, according to the data from QCP Capital, a crypto asset trading firm. Notably, risk reversal is a measure of how much the market thinks prices might change. When ETH’s risk reversal goes negative, it suggests people are more worried about prices dropping. This change could be because more people want to buy put options, a kind of protection against possible losses if their bets on rising prices go wrong. On the other hand, people who have invested in altcoins are also getting in…
Ripple navigates complexities for liquidity in the emerging tokenized economy. Digital asset liquidity as both challenge and opportunity explained. Strategies and commitment to unlocking liquidity in tokenization. As the tokenized economy emerges, its potential for businesses is vast, yet liquidity challenges persist. In the final part of Ripple’s Tokenized Economy series, the project delves into these complexities and offers solutions to bridge the liquidity gap. The tokenized economy holds immense potential for businesses and financial institutions, but liquidity hurdles can’t be ignored. To close out our tokenization series, we unravel the complexities and explore solutions for bridging the liquidity gap.https://t.co/dR9si93097…
Fetch.AI (FET) has demonstrated remarkable performance in the crypto market today, securing its position among the top-three performers. The asset witnessed an impressive 17% gain within the last 24 hours, marking a significant milestone by crossing the $2 threshold for the first time ever. This surge, propelling Fetch.AI to the 64th place among the top cryptocurrencies by market cap, is a testament to the growing investor confidence and market optimism surrounding its technological advancements and future potential. Why Is Fetch.AI Price Up Today? This surge in FET’s price can be attributed to a pivotal announcement by the Fetch.AI Foundation, which…
Today marks the launch of Black Mirror’s Smile Club, a cutting-edge collaboration between Pixelynx, Animoca Brands, and Banijay Brands, now available on Base.—Drawing inspiration from the acclaimed ‘Nosedive’ episode, Smile Club introduces a groundbreaking blend of digital collectibles and immersive storytelling. Fans are invited to mint their characters and embark on quests to achieve the coveted 5-star rating through SMLE points.This innovative project combines collectibles, digital experiences, and live episodic content. The first pilot episode, developed in partnership with BasedAF, promises to immerse users in a world where their actions may shape future episodes.A Star-Studded Roll-OutThe journey kicked off with…
In a dramatic turn of events that echoes the prescient warnings of Satoshi Nakamoto, the creator of Bitcoin, the financial system witnessed another stark contrast between the faltering traditional banking sector and the growing cryptocurrency market. The spotlight shone brightly on New York Community Bank (NYCB), which experienced a precipitous decline in its stock value. It plunged over 40% in the wake of alarming revelations about its financial health and management disruption. This turbulence occurred against Bitcoin’s 58% year-to-date ascent to a fresh all-time high of $69,000. NYCB Goes Bust While Bitcoin Hits Record Highs The plight of NYCB, a…
“Black Mirror: Smile Club”, the new project developed by Pixelynx, Animoca Brands and Banijay Brands, invites fans to mint their own NFT character. Not only that, the new evolving interactive experience has been built with iconic artists and collaborators and rewards fans with SMLE rewards. “Black Mirror: Smile Club” by Animoca Brands and others invite to mint NFT characters ‘Black Mirror: Smile Club”: the NFT project by Animoca Brands and the SMLE rewards The latest news from the Non-Fungible Token world in March “Black Mirror: Smile Club” by Animoca Brands and others invite to mint NFT characters Black Mirror invites…
Ether (ETH) options traders are preparing for potential short-term declines in price just one day after the price impressively surged past $4,000, reaching its highest point since late 2021. Following Bitcoin’s recent surge above the $73,000 threshold, ETH has been gaining traction, aiming to maintain its position above the $4,000 mark. Nonetheless, the ongoing Dencun upgrade, a significant development subsequent to the Merge, has ignited worries about a possible retreat in ETH prices. This cautious outlook is further boosted by a variety of on-chain metrics indicating a bearish sentiment. Ethereum’s Netflow Sparks Bearish Worries In the past four hours,has experienced…
OKX Ventures, the investment arm of the popular cryptocurrency exchange and Web3 technology company OKX, joins Eclipse in a US$50 million Series A funding round. This is huge in cryptocurrency. Eclipse is Ethereum’s first Layer 2 solution and is attracting attention. It was built on the Solana Virtual Machine (SVM) for speed, security, and scalability. This smart investment shows that blockchain ecosystem Layer 2 scaling solutions are gaining popularity and confidence. Ethereum still struggles with network congestion and high transaction fees. We are excited to announce the strategic partnership with @EclipseFND in this Series A round. 🟢Looking forward to seeing…