Author: NBTC

In a strategic move to bolster its ecosystem, Mina Protocol has partnered with Celestia to incorporate a first-of-its-kind modular decentralized data availability (DA) solution. This collaboration is spearheaded by Geometry Research and supported technically by o1Labs. It marks a significant advancement in the Mina ecosystem, introducing more robust data availability options that are crucial for the development of zkApps—applications that utilize zero-knowledge proofs to ensure privacy and security while maintaining the integrity of the underlying data. The integration is timely as blockchain technology faces increasing challenges around data availability, a critical aspect for ensuring transparency and security in decentralized networks.…

Bitcoin showcases resilience, maintaining its position above $70,000 despite recent market fluctuations. Deutsche Bank analysts highlight five key reasons supporting Bitcoin’s enduring high prices. “Central banks’ shift towards a more accommodative stance could boost investor interest in cryptocurrencies,” say Marion Laboure and Cassidy Ainsworth-Grace. Amid a dynamic financial landscape, Bitcoin’s persistence above the $70,000 mark underpins investor confidence, backed by significant developments and economic shifts poised to sustain its high valuation. Pivotal Catalysts Propelling Bitcoin Bitcoin’s recent rebound, surpassing the $70,000 threshold, underscores its robustness in the volatile cryptocurrency market. Deutsche Bank’s Marion Laboure and Cassidy Ainsworth-Grace attribute this endurance…

Data provided by the Shibburn tracking platform shows that within the past week, the SHIB army’s relentless efforts have helped to dispose of over 400 million Shiba Inu meme coins. According to the same data source, almost all of those hundred millions of SHIB were destroyed in a single move by a mysterious meme cryptocurrency whale. SHIB army burns 411.8 million coins Shibburn has revealed that in total a staggering 411,867,374 SHIB were transferred to unspendable blockchain addresses. Still, despite the massive amount, the weekly burn rate was almost 50% down overall, according to the tweet published earlier today. The…

Metis, the pioneering rollup platform, has unveiled the second phase of its Decentralized Sequencer upgrade. This is a significant milestone in its journey towards enhanced decentralization and network efficiency. The Decentralized Sequencer upgrade’s Phase 2 has been activated via a hard fork on block 16500000. The upgrade introduces groundbreaking features including the ability to process multiple transactions within a block and the launch of Sequencer Mining. Phase 2 of the Decentralized Sequencer Upgrade is Now Live.The second phase of the historic upgrade activates Sequencer Mining, multiple transactions per block, and a transaction pool.Users can start mining now, through @Artemisfinance &…

The countdown to Bitcoin’s (BTC) highly anticipated halving event has begun, and top crypto analyst Willy Woo has made a bold prediction. In a recent tweet, Woo highlighted the significant impact the halving could have on Bitcoin’s price, suggesting that the leading coin could go “ballistic” once the event takes place. Bitcoin halving is a preprogrammed event that occurs approximately every four years, or after every 210,000 blocks are mined. During this event, the reward that miners receive for verifying transactions and adding them to the blockchain is halved. This reduction in mining rewards is designed to control inflation and…

Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year. The crypto world has witnessed a historic moment in the real-world assets (RWAs) industry after Archax, a London-based digital asset exchange, broker and custodian, tokenized the BlackRock ICS US Treasury money market fund (MMF) on the Hedera (HBAR) blockchain. Archax collaborated with the HBAR Foundation and the institutional-grade digital assets platform Ownera to bring the MMF to Hedera.…

Bitcoin’s price has recovered from the $65K level a few days ago and is en route to making a new all-time high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been forming a large symmetrical triangle pattern. Yet, the market is currently testing the higher boundary of the pattern. If the price successfully breaks above the upper boundary, a rally toward the $75K level and creating a new all-time high would become increasingly possible. The Relative Strength Index also shows values above 50%, indicating that the momentum is bullish and a price surge…

FLOKI and BONK had remarkable growth over the weekend after recovering from the Bitcoin dip at the end of last week. These tokens have been some of the hottest topics during this bull run, with FLOKI and BONK increasing by over 500% and 87%, respectively. Recently, both memecoins were listed on the European neo bank and retail platform Revolut, but the news didn’t appear to have a massive impact on the tokens. However, the projects’ most recent announcements have seemingly made them soar in the past hour. FLOKI And BONK To Take Over Europe The projects announced their listing on…

Bitcoin halving is a programmatic event embedded within the Bitcoin protocol, designed to regulate its finite supply. Approximately every four years (or more precisely, every 210,000 blocks), the block reward issued to miners is automatically halved. The upcoming halving, estimated for April 2024, will reduce the block reward from its current 6.25 BTC to 3.125 BTC. This mechanism serves two core purposes: Inflation Control: By gradually reducing the rate of new Bitcoin issuance, the halving safeguards against hyperinflation and maintains the currency’s scarcity over time. This aligns with Bitcoin’s deflationary model, intended to increase its purchasing power. Miner Incentives: While…

If Shiba Inu ever reaches lofty targets like $0.00769, $0.089, and $0.19, investors holding between 100 million and 1 billion SHIB could see their investments hit unimaginable levels. Shiba Inu has sustained its latest rebound, conquering multiple crucial resistance levels to breach the $0.000027 psychological threshold eventually. As a result of this recovery campaign, SHIB is up 51% from the April 13 low of $0.00001830, as it changes hands at $0.00002763, a high last witnessed on April 12. With Shiba Inu outperforming Bitcoin (BTC) and the rest of the market during this market-wide resurgence, bullish sentiments have re-entered the scene…