Author: NBTC
On Thursday, a collection of tokenized artwork from the Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The pieces, five single-edition NFTs minted on the Tezos blockchain collectively titled “The Convergence of Breath,” are the fruits of an art installation (and partial social experiment) now on display at Musée d’Orsay, which features in the museum’s ongoing, digital-themed exhibition, “Le Code d’Orsay.” The installation, a steel sculpture titled “Sigma Lumina,” was created by the French artist and DJ…
Ethereum just had one of those moments where the big story is what didn’t go wrong. A bug in Ethereum’s Nethermind client software – used by validators of the blockchain to interact with the network – knocked out a chunk of the chain’s key operators on Sunday. It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for “client diversity.” Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain’s most popular execution client, had gone out; the question is…
AI has been the core of innovation for the past five years now. A segment that backs a lot on artificial intelligence is trading. Riding on the same hype of automatic trading, crypto trading is expected to rely heavily on AI soon. According to a report by Valuates Reports, the market size for AI Crypto Trading Bots is expected to reach $145.27 Million by 2029. Markets for AI Crypto Trading Bots to ascend till 2029 According to Valuates Reports, the market for artificial intelligence crypto trading bots was estimated to be worth $21.69 million in 2022. This same market is…
VeChain has announced that it will be attending the Mobile World Congress in Barcelona, Spain, and its CEO will speak at the event. With few details provided on the main focus of Sunny Lu’s presentation at the event, VeChain community members have been left to speculate on what he could talk about. VeChain (VET) has announced that it will be participating in the famous Mobile World Congress 2024 (MWC2024). According to them, CEO Sunny Lu would speak at the event on February 28, and would be joined by Nobel Laureate Sir Konstantin in the “keynote track” labeled as “Partners to…
Up like a rocket, down like a rock. This is the story of bitcoin and what drives its magnetic allure. Time after time the bitcoin boom/bust cycle has delivered the goods for the high risk speculator and here we are in the next crypto vertical. To me this looks like a classic breakout and it is about time that it happened seeing how core to my model is the impending halvening. This event, where new bitcoin supply halves, has driven bitcoin prices before and it’s fair to guess that halving the supply has led to a doubling of price. The…
A key group of offshore bondholders of China Evergrande plans to join a lawsuit seeking to liquidate the company at a hearing in a Hong Kong court on Monday, according to a report from Reuters. The bondholder group, which owns more than $2 billion in offshore bonds guaranteed by Evergrande, is supporting a liquidation petition against the world’s most indebted construction company. Sector lawyers said that this move increases the possibility of a quick liquidation decision from the court. If a liquidation order is issued, an interim liquidator will be appointed, followed by an official liquidator, to take control and…
In a blazing start to March, the feverish activity of Bitcoin has set it up for its largest monthly increase in almost three years early Thursday. Money pouring into listed bitcoin funds is fueling a huge gain, and bitcoin is now just a stone’s throw away from a record high. Source: Coingecko Investor Frenzy As Bitcoin Set To Reclaim $64K The primary cryptocurrency rose as much as 14% late Wednesday to momentarily reach $64,000 — its first move above $60,000 since November 2021 — before reversing part of the gains. BTC was trading at $62,540 as of this writing, according…
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with its price stabilizing around $51,585 after touching intraday highs. The market’s bullish sentiment is further reinforced by bitcoin’s market capitalization reaching the $1 trillion milestone, signaling strong investor confidence and a potential shift in market dynamics favoring further upside. The technical oscillators present a mixed yet predominantly…
Ethereum price is down 3% in the past 24 hours. Ethereum long-term holders surpass Bitcoin, raising liquidity concerns. Ethereum, the second largest cryptocurrency by market capitalization is now trapped under the bearish pressure. It had a 3% dip in the past 24 hours and 7.28% in the past seven days, currently trading at $2344. Despite this downfall in price, Ethereum’s long-term holders have now surpassed those of Bitcoin, marking a significant milestone. However, the surge in long-term holders also raises concerns about reduced liquidity and potential obstacles to short-term price performance. While this phenomenon is generally positive during the accumulation…
Source: Cryptonews.com A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help the cross-border adoption of the digital ruble. Per News.ru, the comments came from Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers. Razuvaev said that Washington’s “actions against Russia” in response to the war in Ukraine would “undermine global confidence in the American currency.” In its place, Russian trading partners could well turn to CBDCs as a dollar alternative, Razuvaev said. The economist said this…