Author: NBTC
Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry’s sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc. Albert Meo was Morgan Stanley’s executive director for regulatory policy and boasts a long career in mainstream finance with firms that also include Fidelity Investments and Nomura. Prometheum’s new CFO has also served on an advisory board at the securities industry’s internal standards organization, the Securities Industry and Financial Markets Association (SIFMA). He joins Prometheum as it’s…
Ethereum’s price has surged above $3,500, sparking excitement among investors. Signs of a potential bearish reversal are looming, raising concerns about the sustainability of Ethereum’s rally. Critical support levels at $2,695 and $2,065 could cushion Ethereum’s descent if a reversal occurs. Ethereum (ETH) has been on a remarkable upward trajectory, delighting investors and enthusiasts with its recent price surge. The cryptocurrency’s value has soared past $3,500, sparking excitement in the market. However, amidst the celebration, some analysts are raising concerns about a potential bearish reversal. The impressive rally has seen Ethereum effortlessly break through resistance levels. Yet, there are signs…
Hong Kong authorities have announced new initiatives to increase artificial intelligence (AI) adoption in the region, including plans for a new AI Supercomputing Centre to support research and development. Hong Kong’s Financial Secretary Paul Chan confirmed the new AI plans during his Budget Speech ahead of the new national budget for the Special Administrative Region (SAR). For Hong Kong, AI appears to be the most promising of all emerging technologies, with Chan describing it as “key to propelling the development of digital economy in Hong Kong.” Highlighting AI’s importance to the city-state, officials have earmarked a slice of the national…
Blum, a crypto trading app that merges CEX and DEX facilities for a new trading experience, launched to over 50,000 signups in its first 48 hours. A group of Binance alumni announced the hybrid crypto exchange in a push to introduce an improved trading experience for new digital participants and veterans alike. The platform is backed by Binance Labs for its seventh cohort and was picked as one of 13 protocols out of more than 700 projects from around the globe. DeFi: @bitu_protocol, @blumcrypto, @surf_protocol, @vooi_io Infra: @Aggregata_xyz, @nesaorg, @Nimble_NetworkApplication Layer: @aspecta_id, @HoloworldAI, @opinionlabsxyz, @SideQuestWeb3, @StoryChain_ai, @tiltedstore — Binance Labs…
Marathon Digital, a leader in the Bitcoin mining sector, on February 28 unveiled to the public the design of the Anduro blockchain, a layer-2 solution aimed at solving the scalability issues of the world’s most well-known cryptographic network. Conceptually similar to the Lightning Network but at the same time very different on a technical level, Anduro is set to become the ideal place for Bitcoin developers who want to build new successful applications and implementations. Meanwhile Marathon reports financial results above expectations in the last quarter, consolidating its position on the Nasdaq with MARA stock prices up 300% compared to…
The biggest trial of Craig Wright’s life, the self-proclaimed creator of Bitcoin, is less than two weeks from its conclusion. On Friday, the eccentric computer scientist testified for the final time in an attempt to convince a judge that he wrote Bitcoin’s whitepaper as Satoshi Nakamoto. Wright is defending against well-capitalized plaintiffs, the Crypto Open Patent Alliance (COPA), and is fighting for his right to sue Bitcoin developers and influencers for using what he believes to be his intellectual property. Wright and his ultrawealthy colleague Calvin Ayre are a litigious duo whose careers have focused on intellectual property. In courts…
ETC/USD trading strategy Buy/sell asset: Buy ETC/USDT Entry price: 26.37 Stop loss: 22.93 Leverage: 1x Take profit 1: 30.0 Take profit 2: 35.0 Take profit 3: 40.12 Timeframe: 1-2 weeks Maximum profit: 52% Maximum loss: 13% ETC/USDT chart and technical analysis Ethereum Classic is in a bullish trend and the price has recovered almost 38% since the last week. The price also broke the previous high of 32.46 today and will likely reach 40.14 daily resistance in the coming day. The price also reached the Oct 2022 high recently. The price can make a correction from the recent rally and…
The crypto Funds are reportedly recorded as the second largest, considering its net inflow for the week, which came to around $1.8 billion. According to CoinShares, the most significant asset managers from Fidelity, Bitwise, Grayscale, 21 Shares, BlackRock, ProsShares and Ark Invest have immensely offered products of Global digital asset investment, which turned out to be a triumphant trading volume in just a week. And this trading amount surpassed the US spot bitcoin ETFs. Subsequently, the US-based funds are stretching out their funding activity, which, however, has dominated the net inflows. Record surpasses $30 billion! “Trading volumes in investment products…
Ethiopia is emerging as Africa’s most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum of miners reverberates across the globe. – Jaran Mellerud & Kal Kassa Recent attention from a Bloomberg article and the announcement of a bitcoin mining investment by the Ethiopian Government signals a newfound global spotlight on the Ethiopian bitcoin mining sector. The potential of Ethiopia as a bitcoin mining hub resides in the promise of a mutually beneficial relationship between the nation and the industry. In this article, we delve into the transformative power of bitcoin mining…
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXCListings:Greever (GVL)MARS AI (MARS)Portal (PORTAL)ONSWEB3.0 (ONS)Work on Bitcoin (WOB)CycleFi Protocol (CYF)Metahorse Unity (MUNITY)DeFrogs (DEFROGS)Block Ape Scissors (BANANA)Bonk Baby (BOBY)Leo (LEO)The Terminal (TTTU)Baby Trump (BABYTRUMP)Mars Coin (MARSCOIN)Tholana (THOLANA)ScarQuest (SCAR)ChainX (IDX)Artrade (ATR)Beoble (BBL)Ice Network (ICE)Crypto Hunters (CRH)DOVU (DOVU)Chief Troll Grok (CTG)WINR Protocol (WINR)Dreams Quest (DREAMS)QORPO (QORPO)Africarare (UBU)MetaFighter (MF)Pets Crush (PETS)DogeTF (DOGETF)Acria.AI (ACRIA)Minu (MINU)Homer Simpson (SIMPSONSOL)Seamans Project (SEAT)Koava (KOAVA)Any Dog (AD)ETCMC…