Author: NBTC
Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed. Per the media outlet OSN, Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers, said that crypto would not “die completely,” but would become “marginalized.” ‘Bitcoin Will Tumble’ – But ‘Not Like MMM Ponzi’ Razuvaev claimed that the crypto markets were currently “greatly overheated” by spiking and unsustainable demand. He added that BTC and other crypto prices would likely continue to rise in the short term, but claimed that unpredictable events could take…
Popular blockchain tracker Whale Alert has spread the word about an ancient Dogecoin wallet awakening after being active last time during the “era” of Bitcoin creator Satoshi Nakamoto. He disappeared from the public view in 2010, considering this step to be the best for the future of his brainchild BTC. Dogecoin was launched in December 2013 by Billy Markus and Jackson Palmer as a joke and a parody on Bitcoin. Markus even took himself a nickname resembling Satoshi and mocking him in a way – on social media he is known as Shibetoshi Nakamoto. The awakened wallet is 10.2 years…
Erik Voorhees’ crypto exchange ShapeShift has agreed to pay a $275,000 fine as part of its settlement with the US Securities and Exchange Commission after it was found to be dealing unregistered securities. ShapeShift has also agreed to desist from violating the Securities Exchange Act of 1934. Three of the five commissioners concurred that ShapeShift dealt unregistered crypto securities from 2014 until early 2021. They also ruled that rather than operating a platform for customers to trade with one another, ShapeShift held crypto asset securities itself and traded against its own users. It did this by selling those assets in…
In February, the blockchain gaming sector experienced significant growth due to rising cryptocurrency prices and user activity. Despite this progress, the industry struggles to retain users. Bitcoin and Ethereum, the top cryptocurrencies, gained significantly this month. In February,reached $62,404 after rising 46.5%. It crossed $60,000 for the first time since Q4 2021.a lso grew, boosting market optimism. February 2024 Web3 Game ReportIn February the blockchain gaming sector experienced notable expansion due to the rise of cryptocurrency prices and active users but the industry still faces challenges with user retention and engagementMonthly Market ReviewBitcoin and Ether… pic.twitter.com/GvtL0Nf0r9 — Footprint Analytics (@Footprint_Data)…
Readyverse Studios and Walker Labs have joined forces to introduce a groundbreaking multi-genre metaverse battle royale experience. Currently in the works for PC and current-gen platforms, “OPEN” is set to revolutionize the gaming world as we know it.—The third-person battle royale experience, OPEN, will be the hero experience in The Readyverse. The Readyverse is a next-gen immersive and interoperable platform for discovering metaverse games and experiences. A first glimpse of OPEN was debuted in a trailer today by Readyverse Studios Co-Founders at SXSW; watch here.Venture into OPEN’s immersive multiverse, where nostalgia-infused biomes feature characters and cultural legends from iconic franchises.…
Crypto investors are delighted over Bitcoin’s immense gains this year, rising 50% less than two months after the approval of U.S. Bitcoin spot ETFs in January. Yet those gains may also be a source of uncertainty – especially for traders. Until this week, Bitcoin had never broken the highs of a prior bull market top until several months after its one-in-four-year “halving” event. Now that it’s done so ahead of schedule, could the asset’s long-standing four-year market cycle be thrown completely out of whack? “So far, it seems that the four-year cycle remains intact,” Julio Moreno, Head of Research at…
Ethereum, the second-largest cryptocurrency by market value, has been on an impressive upward trend in recent months. Ethereum’s price rose to new highs, surpassing $4,000 for the second time in history, fueled by increased institutional interest as well as expectations about the upcoming Dencun upgrade. Amid this bullish momentum, traders and investors have been attentively tracking Ethereum’s price changes, looking for ways to profit from its rising trajectory. However, the volatile nature of the cryptocurrency market means that fortunes can shift quickly, resulting in substantial gains and losses for market participants. Against the backdrop of Ethereum’s breathtaking surge, a liquidation…
Andreessen Horowitz (a16z), a prominent player in Silicon Valley’s venture capital arena, is embarking on an ambitious journey to pool $6.9 billion for new investment funds, focusing heavily on artificial intelligence (AI). This strategy signifies a notable shift in the firm’s investment priorities. Simultaneously, it has decided to postpone any further fundraising for its cryptocurrency ventures until next year. How Will A16z Invest $6.9 Billion? According to Fortune, the planned $6.9 billion will be distributed across various initiatives. Specifically, this funding aims to support a master fund and a16z’s fourth growth fund, following a successful $5 billion raise two years…
Big data and artificial intelligence (AI) tokens have gained momentum as investors shift focus to altcoins amid bullish market sentiment. According to data provided by CoinMarketCap (CMC), the top five gainers among the leading 100 cryptocurrencies are from the big data and AI category with double-digit growths. Top 5 gainers in 24 hours – March 7 | Source: CoinMarketCap Fetch.ai (FET) is leading the list with a 38.26% rise over the past 24 hours and is trading at $2.74 at the time of writing. The asset’s market cap surged to $2.28 billion, making it the 50th-largest digital currency. You might…
The Financial Industry Regulatory Authority (FINRA) is continuing its bizarre transformation into a crypto asset regulator with the recent publication of its Crypto Assets Communications Sweep (Sweep) results. FINRA lacks regulatory authority over non-securities crypto assets. Despite this fact, FINRA continues to display an unwavering, albeit misguided interest in the non-securities crypto asset activities of its members, affiliates, vendors and personnel. FINRA initiated the Sweep more than 14 months ago: It consumed significant time, resources and attention for those subjected to the Sweep. But even with the significant allocation of valuable member resources, the Sweep findings are lackluster at best,…