Author: NBTC
Given the abundance of new NFT projects, and established projects minting new collectibles, users are naturally searching for ways to partake in free NFT drops. Since the NFT space is now saturated with a large number of projects, finding free NFT drops can be hard even for experienced users, not to mention newcomers. In this article, we’ll show you how to find upcoming NFT collection drops and get free NFT drops. Key highlights: Some projects are looking to distinguish themselves in the saturated NFT sector by dropping their NFTs for free. While most free NFT drops never amount to much,…
Ethereum (ETH), the second-largest cryptocurrency by market value, is seeing a significant rise in network activity. According to data from Santiment, a blockchain analytics platform, Ethereum’s network is now seeing 484,000 unique addresses interacting on the network per day. This metric depicts the number of unique users on the Ethereum network, reflecting growing demand and utility. A higher number of interacting addresses suggests that more users are sending and receiving transactions, deploying and interacting with smart contracts, participating in decentralized applications (dApps) and engaging in other Ethereum-related activities. According to Santiment, the ETH network is encouragingly rising in active addresses…
As US regional bank stocks plummet, with New York Community Bancorp (NYCB) leading the descent, crypto investors cast a wary eye on the unfolding banking crisis. The KBW Regional Banking Index has seen a huge drop. It’s the biggest since New York’s Signature Bank’s collapse last year. This raises worries about the stability of regional banks. Is Another US Banking Crisis Looming? The recent plunge in bank stocks was surprising, catching options traders off guard. A quick change from optimism to pessimism is clear. A rise in put options shows this. It points to growing concerns about regional banks’ health.…
Unprecedented Bitcoin ETF inflows have been driving a strong rally in the Bitcoin price and the broader crypto market. However, one altcoin that’s particularly benefitted from the recent BTC uptrend has been Stacks (STX). The Stacks price has shot up by 16% in the last 24 hours moving all the way to $2.40. The trading volume in Stacks has jumped by a staggering 100% all the way to $480 million. Here’s how the BTC uptrend has been impacting Stacks recently. Bitcoin Layer for Smart Contracts Stacks is a groundbreaking Bitcoin Layer designed for smart contracts, facilitating the utilization of Bitcoin…
Take a look at the frontpage of CoinDesk today and you could be forgiven for thinking our site is all about Bitcoin. Just look at the headlines: BTC is above $50k. Options traders are betting on $75,000. Bitcoin’s market cap is back above $1 trillion. Bitcoin ETFs have accumulated $11 billion since being approved in the U.S. in January. The Fear and Greed Index, a measure of market sentiment, is in “extreme greed” territory, its frothiest moment since BTC’s all-time high in September 2021. Bitcoin is even a campaign meme.Bitcoin is dominating narratives, dominating media coverage, and dominating mindshare among…
Source: X / @ParallelLabs_ The decentralized finance (DeFi) sector, while ripe with potential, grapples with significant issues, particularly in terms of interoperability between different networks. This fragmentation creates a complex environment for users, hindering seamless user experience across the industry. Yubo Ruan, Founder and CEO of Parallel Finance, addressed these cross-chain challenges in a conversation with Cryptonews.com. Ruan’s most recent work focused on developing solutions that aim to streamline the DeFi segments, making them more accessible for users by enhancing connections between diverse platforms. Yubo Ruan’s L2 Visions “There is tremendous growth in the number of Layer 2s and Layer…
In the wake of 2023, the NFT landscape has undergone a profound transformation. It bids farewell to the echoes of past hype and embraces a more measured era in digital asset valuation. This post-hype journey matches navigating uncharted waters. In this way, the initial passion of speculation has given way to a realistic evaluation of the genuine value and utility of non-fungible tokens (NFTs). Despite criticism, the 2023 NFT environment shows extraordinary sales and influential patterns, revealing the digital art sector’s growth. The expanding NFT market values NFTs like Bored Ape Yacht Club #7090 and CryptoPunk #5066 due to their…
When will spot ether ETFs launch? With spot bitcoin ETF approvals behind crypto, many are turning to what they believe is next: ether ETFs. The Securities and Exchange Commission recently delayed decisions on the handful of spot ether ETF applicants, which include Fidelity and BlackRock. However, experts aren’t aligned on when a spot ether ETF could hit the market. Bloomberg Intelligence analyst James Seyffart told Blockworks last week that he believes there’s a 60% chance that the SEC will opt to approve the potential ETFs in May. TD Cowen expects a much longer path to an ether ETF and they…
We are told AI will revolutionize every business, and although the technology is relatively new, are advisors ready for AI crypto trading? Both AI and crypto investing require learning and regulatory maturity. At the same time, we don’t see many tools ready for use today that will plug into a financial planner’s business. AI for crypto trading aside, there are lots of pragmatic uses for AI that advisors can leverage. Brian Boughner from Fiduciary Alliance guides advisors on how to get started today. Lynda Koster from Growthential answers questions about getting started with AI in the Ask an Expert section.…
The layer-1 blockchain project Aptos has partnered with STAN, a pioneering gaming force in India, to improve scalability and performance in the esports community. In a recent post on X (formerly Twitter), Aptos noted that the partnership aims to take online gaming to the next level. The Aptos ecosystem is back at it to take gaming to the next level. India’s pioneering gaming force STAN has teamed up with @AptosLabs to bring Aptos scalability and performance to the esports community!Send a fired up welcome to @getstanapp’s active (1M MAU!) community – GAME… https://t.co/gLNBOTIYnq — Aptos (@Aptos_Network) February 13, 2024 In…