Author: NBTC

Anthropic recently unveiled Claude 3 Opus, its new artificial intelligence (AI) model deemed a superior tool to OpenAi’s ChatGPT-4. Meanwhile, Bitcoin (BTC) investors eagerly seek insights on the leading cryptocurrency price for the end of 2024. In this context, Finbold accessed Claude 3 Opus and prompted the premium AI to predict Bitcoin’s price by the end of the year. For the prompt, we asked Claude the most likely range, maximum, and minimum exchange rates BTC will trade at in 2024. ChatGPT’s promising competitor forecasts a significantly bullish run for Bitcoin this year, facing positive fundamental analyses on supply and demand.…

The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will develop regulatory technical standards. Under the new laws, EU CASPs will need to perform customer due diligence on transactions originating from self-custodial wallets for transactions below 1000 EUR, and implement additional KYC measures for transactions above 1000 EUR. The laws further regulate the operation of no-KYC custodial software service providers…

Global payments company Stripe announced that it was going to start allowing crypto paymentson Thursday at the company’s Global Internet Economy conference. Speaking at the final keynote, titled the Future of Payments, Stripe’s president John Collison,said, “our history with crypto goes back a long time.” He cited the company’s now-defunct bitcoin support back in 2018 because it wasn’t being used. “We’re excited to announce that we’re bringing back crypto as a way to accept payments, but this time with a much better experience,” he announced. Due to the fact that crypto has more use cases and, as Collison’s presentation said,…

MomoAI, a Solana-based Web3 platform that offers social entertainment products, has recently announced a new integration. The platform has mentioned that it is integrating with The Open Network Ecosystem to bring innovation to the world of Web3 gaming. As per the company, this endeavor is very beneficial for it to fulfill its objectives as well as further progress. MomoAI Integrates with @ton_blockchain Ecosystem – Powering the Future of Web3 Gaming!🌅The integration propels our vision to new heights; we’ll unlock game-changing innovations and enhance user experience by tapping into TON’s infrastructure.In just 2 months, #MomoAI has hit… pic.twitter.com/VyzpALgR6E — MomoAI☮️ (@Metaoasis_)…

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that this sequence of block reward disbursements from 2010 isn’t a new activity for this particular whale, who has been consistently liquidating coins for several years. Tracing the Origins of a Bitcoin Mega Whale This past week saw a notable whale move of 1,000 BTC, aligning with the crypto asset breaking its highest price point for the first time since 2021. Just…

The Xaman (formerly Xumm) team, led by founder Wietse Wind, has voted to end the Burn2Mint (B2M) approach involving XRP and XAH, the native asset of the XRPL sidechain Xahau. As first spotlighted today by XRP community figure Eri, data confirms that Richard Holland, the CTO at the Xaman development team XRPL Labs, recently closed an amendment seeking to implement this change, merging the amendment to the Xahau code. 🚨 There’s been a rather big CHANGE for the #XRP ecosystem. Burn to mint : “B2M to zero” Code has been merged to the Xahau Network, for a next new version,…

Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve’s rejection of its bid for a master account and membership. A federal judge ruled last month that the Kansas City Fed had the discretion to reject Custodia’s bid for membership. Custodia, according to the court, had not provided sufficient evidence to back up accusations that the Fed’s Board of Governors was illegally leaning on the Kansas City branch to reject the bank’s bid for a master account. A master account would let Custodia directly access the Fed and not need…

Cboe Global Markets plans to close its cryptocurrency exchange in the third quarter of 2024. Cash-settled Bitcoin and ether futures contracts will move from Cboe Digital Exchange to Cboe Futures Exchange in the first half of 2025. According to the press release, John Palmer, the President of Cboe Digital, will head US Derivatives Market Development. Cboe aims to consolidate all its US futures products onto one exchange to enhance efficiency for clients globally. By leveraging its global derivatives franchise, the options exchange aims to support exchange-traded digital asset derivatives markets. Fred Tomczyk, the Chief Executive Officer of Cboe Global Markets,…

Chainlink Labs’ director of capital markets said traditional finance is not the best use case for tokenization, real-world data is. Real-world asset (RWA) tokenization is one of the largest market opportunities in the blockchain industry, with a potential market size in the hundreds of trillions of dollars. 1/ The tokenized RWA opportunity is measured in trillions of dollars. By tokenizing an asset, blockchain-enabled superpowers are unlocked, from near-instant settlement to enhanced liquidity, fractional ownership, DeFi integration, & more. Breaking down the RWA megatrend 🧵👇 pic.twitter.com/e4WYSB8iAo — Chainlink (@chainlink) April 23, 2024 There are an increasing number of projects looking to…

Bitcoin’s price is finally showing signs of breaking the previous all-time high to the upside. Cryptocurrency is entering uncharted territories, and predicting its upside potential becomes a lot more challenging. However, there are some hints interpreted from technical and on-chain analysis. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price is finally breaking the previous all-time high to the upside, with the price climbing toward the $70K level. The psychological resistance levels of $70K and $80K might be the upcoming targets for BTC in the coming months. Yet, the Relative Strength Index displays a clear overbought…