Author: NBTC
In today’s digital landscape, the emergence of NFTs as a means of preserving ownership rights amidst the ascendancy of Artificial Intelligence (AI) has sparked considerable discourse. Yat Siu, chairman and co-founder of Animoca Brands, provides compelling insights into the transformative potential of NFTs in safeguarding creators’ rights and fostering financial autonomy.—At the heart of Yat Siu’s argument lies a fundamental recognition of the evolving relationship between AI, content creation, and ownership. Contrary to prevailing skepticism, he contends that NFTs represent not just a speculative trend but a vital mechanism for asserting control over one’s digital assets.”NFTs are digital stores of…
The price of Ethereum (ETH) has fallen below the moving average lines but remains above the $2,168 support. ETH price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The current support level of $2,168 corresponds to the historical price level of December 12, 2023. Since December 12, 2023, buyers have been defending the price above the historical price level of $2,000. Since the price drop on January 23, 2024, the largest altcoin has been trading above the $2,168 support. Currently, selling pressure has eased as the altcoin corrects higher. Ether is currently valued at $2,246. On the negative…
Today, while Bitcoin and global markets were waiting for the FED to announce the first interest rate decision of 2024, a report came from JP Morgan analysts. Analysts stated that at this point, critical data do not yet show a meaningful inflation decrease, and said that the markets seem overly optimistic about the FED’s interest rate cuts. Analysts, who cited the fact that inflation will decline in 2023 and the FED signaled that it will cut interest rates at its December meeting as the reason for this, stated that the FED remains determined to fight inflation and is ready to…
IOTA is pushing new frontiers with its 5G Patent and tokenization agenda. The network’s versatility and cross-border reach can bolster its token’s growth. The IOTA community finds itself on the brink of substantial advancements, propelled by groundbreaking developments in 6G patents and the tokenization of assets. With these pivotal factors in play, IOTA bulls are set for an exciting journey ahead. The Rise of 6G and IOTA’s Role With the impending launch of IOTA 2.0 in 2024, coupled with strategic partnerships with Ethereum, the stage is set for IOTA to soar to new heights in the crypto market. Renowned Blockchain…
Bitcoin will hit the $90k mark before the end of 2024, the head of a Russian crypto industry body claimed this week. The comments came from the President of the Russian Association of Cryptocurrency and Blockchain (RACIB) Yuri Pripachkin, the Russian-language media outlet CoinSpot reported. ‘Bitcoin to Hit 90k’ – Russian Expert Explains Prediction Pripachkin said that BTC prices would continue to rise. Prices will reach a ceiling of $90,000 before the end of December 2024, he added. The RACIB President claimed that the “volume of investment” in tokens, including BTC, would continue to increase in the weeks and months…
Like Bitcoin, Ethereum has also picked up steam, with the second-largest crypto token crossing the $3,000 resistance level for the first time since 2021. Interestingly, this crypto analyst believes the rally is far from over, as he highlighted a key price level that ETH could hit soon enough. Ethereum Could Rise To As High As $4,000 Crypto analyst Altcoin Sherpa suggested in an X (formerly Twitter) post that Ethereum could rise to as high as $4,000. His prediction looks feasible when one considers crypto analyst Bitcoin Ape’s recent analysis of Ethereum from a technical analysis perspective. In his X post,…
Walmart, the well-known chain of hypermarkets in the USA, will distribute in its 3,100 stores, the new Pudgy Toys line, inspired by the NFT collection. This is a line of plush toys, figurines, and physical collectibles, in honor of the NFT collection that made the brand the number one on Amazon in 2023. Walmart distributes Pudgy Toys: plush toys, figurines, and physical objects inspired by the famous NFT collection Walmart: 1,100 more stores for the new Pudgy Toys line inspired by NFTs The Penguin NFT Club Walmart distributes Pudgy Toys: plush toys, figurines, and physical objects inspired by the famous…
Ethereum (ETH) performance against Bitcoin (BTC) is a leading indicator of market cycles and an altseason. Thus, cryptocurrency traders and investors constantly monitor the ETH/BTC pair for valuable insights. In particular, the well-known CrediBULL Crypto has his eyes turned to this pair and warns of a possible Ethereum sell-off. According to him, Ethereum has found a local top against Bitcoin in an expected deviation above previous highs. CrediBULL Crypto posted this analysis on X (formerly Twitter) on January 25, quoting a previous post where he forecasted the deviation, as happened. CrediBULL Crypto explained ETH/BTC will only find a bottom once…
Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The Ingolstadt-based cooperative bank and the young startup, terahash, will collaborate on promoting topics related to Bitcoin and develop new offerings. “We are expanding our options as part of our Bitcoin strategy with terahash’s broad expertise in Bitcoin and mining,” said Andreas Streb, Deputy Chairman of the Board of VR Bank Bayern Mitte eG. “Together we can educate and develop solutions for our customers.” Since April 2022, VR…
Ethereum (ETH)-based ERC-404 tokens, which are a new trend among investors, have experienced a significant correction in recent days. At this point, Pandora (PANDORA), the most well-known of the ERC-404 tokens and the focus of whales, has experienced a withdrawal of more than 30% in the last 3-4 days. Taking this retreat as an opportunity, the whales went into accumulation mode again. According to Lookonchain’s post, whales have purchased a large amount of PANDORA in the last two days. With these purchases, whales became the second and fourth largest owners of PANDORA, and the price of PANDORA began to recover.…