Author: NBTC
The debate over Bitcoin’s future price trajectory remains a hot topic among experts, with opinions on its potential varying widely. As the year progresses, attention has turned to year-end price predictions, particularly whether Bitcoin could break $100,000. Roundtable host Rob Nelson recently discussed this topic with Chris Sullivan, Co-Founder and Portfolio Manager of Hyperion Decimus. The conversation shed light on the market dynamics that could drive Bitcoin’s price in the coming months. While Sullivan refrained from giving a specific price target, he did highlight a key turning point he sees in the market. According to Sullivan, a combination of factors…
Ethereum (ETH) is expected to climb above the $3,000 mark in September, according to market analyst Michael van de Poppe. U.S. investors are demonstrating a positive demand for ETH, further fueling optimism about its price trajectory. Michael van de Poppe highlights that the last extended period of losses similar to the recent trend was observed prior to the 2018 bear market. Experienced market analyst Michael van de Poppe suggests ETH could surpass $3,000 in September, backed by strong U.S. investor demand. ETH’s Potential Rally Above $3,000: Analyzing the Indicators According to Michael van de Poppe, Ethereum is poised for a…
The Terra Classic Foundation has been working to rebuild the Terra Classic community following the de-pegging of UST. The significant supply of LUNC with low demand has seen the altcoin drop around 40 percent in the past four weeks amid the ongoing crypto correction. The Terra Classic Foundation (TCF), a non-profit organization based in Estonia that took over from the Terraform Labs to ensure the success of the Terra Luna Classic (LUNC) network, announced the delegation of another 30 million LUNC to the Hexxagon protocol. As a result, the TCF has so far delegated 930 million LUNC on different protocols…
Russia’s largest search website, Yandex, has updated its advertisement policy, banning ads for crypto exchanges, smart contracts, mining activities, and ICOs. Russia‘s most prominent search site, Yandex, has updated its advertising policies to ban ads related to crypto services within Russia. The new policy, effective immediately, is part of a broader effort to align the platform’s operations with the country’s regulations on crypto after Russia’s President Vladimir Putin signed a law that maintains strict prohibitions on the advertising of crypto and services built around its use. According to a statement from Yandex, the ban specifically prohibits advertisements for crypto exchanges,…
Germany’s state-owned development bank, KfW, has selected Boerse Stuttgart Digital (BSD) as its infrastructure partner for the upcoming blockchain-based digital bond. KfW has been exploring blockchain technology in its bond issuance for years, issuing its first-ever digital bond in 2022. In July, it issued a $4.3 billion digital bond, the largest in the world. However, the bond wasn’t fully on-chain and relied on a centralized platform. Days later, it issued another $108 million digital bond, this time entirely on the blockchain. The bank is set to issue its second on-chain bond, which will rely on BSD’s technical infrastructure, the two…
New “BitVM2” paper from Robin Linus and a team of co-authors marks a leap forward from the initial design. Project would rely on advanced cryptography and a novel design to facilitate a secure “bridge” for transferring bitcoins from the main network to auxiliary networks known as “rollups.” Unlike the earlier incarnation, BitVM2 is “permissionless,” allowing anyone to challenge suspicious transactions, not just a fixed set of operators. Robin Linus, the Bitcoin developer who shook up the crypto tech landscape last year with a theoretical method of making the oldest and original blockchain more programmable, is out with a second iteration…
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue to attract deposits, with the past seven days seeing an addition of 110,000 ethereum (ETH) across various defi platforms. Last week, Lido held 9.81 million ether, and today, that figure has ticked up to 9.82 million—a gain of 10,000. Currently, Lido’s stash accounts for 71.67% of the…
Popular crypto-focused Chinese reporter Colin Wu calls attention to an OKB price glitch that recently occurred on the OKX crypto exchange. According to Wu, the price glitch occurred yesterday within a 15-minute window from 20:00 to 20:15 UTC+8. During this time, the price of OKB crashed from $40 to a low of $30, reflecting a 25% decline within 15 minutes. Wu stated that OKB’s price returned to normal levels following the 15-minute price glitch. The crypto-focused reporter attached a screenshot to the post, confirming the development. Meanwhile, Wu recounted a similar incident that occurred earlier this year, specifically on January…
Crypto think tank Coin Center got the go-ahead from a U.S. court of appeals to re-try its lawsuit against the Treasury Department and the IRS. Coin Center sued them in 2022 over a controversial amendment to the U.S. tax code that would require people to disclose certain crypto transactions – and personal details of the participants in those transactions – to the IRS. The think tank has argued that the amendment is unconstitutional and is evidence of “overbearing surveillance” of crypto users. Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it…
The GameFi industry, a fusion of gaming and decentralized finance (DeFi), has continued to evolve rapidly in 2024. With the global gaming market reaching unprecedented heights and the crypto space expanding into new territories, GameFi has become a significant trendsetter in the blockchain world. This wrap-up explores the most notable trends in GameFi for 2024, delving into the innovations, challenges, and future outlook of this burgeoning sector. Mainstream Adoption of GameFi 2024 has witnessed a substantial surge in the mainstream adoption of GameFi, driven by several factors. Traditional gaming giants have begun integrating blockchain technology into their ecosystems, creating a…