Author: NBTC
After Bitcoin (BTC) surpassed the $52,000, analysts have expressed optimism for BTC price achieving the ambitious target of $1,000,000. However, the journey wouldn’t be simple and a crypto analyst provided a breakdown of the factors that could lead to a rally of $1 million. Will Bitcoin Touch $1 Million? Before pointing out the reasons that could propel Bitcoin price rally to $1 million, Bitcoin HODL, a prominent crypto analyst on X, noted that the path to a $1 million Bitcoin involves a $21 trillion market cap, based on the BofA Bull Market Multiple. Thereafter, he explained that it would necessitate…
Major players in the Hedera and Algorand ecosystems, including the HBAR Foundation and the Algorand Foundation, announced on January 11 the formation of a new alliance called the DeRec Alliance to create a decentralized digital asset recovery system. The alliance was presented at the Crypto Finance conference in St. Moritz by Leemon Baird, co-founder of Hedera, and John Woods, CTO of the Algorand Foundation. According to two decentralized finance (DeFi) executives, DeRec Alliance aims to simplify the process of protecting and recovering digital assets in line with traditional Web2 expertise. Baird called on all blockchains and industries to create standards…
Former Spanish football president Luis Rubiales has launched an NFT collection apparently aimed at supporting ‘real equality’ just months after he was accused of sexual assault at the Women’s World Cup. Rubiales came under fire after appearing to grab and kiss Spanish player Jenni Hermoso following the country’s success in the tournament’s final in Australia. He claims the kiss was consensual, however, Hermoso claims this isn’t the case. Hermoso reportedly filed an official complaint and Spanish state prosecutors have subsequently accused Rubiales of sexual assault and coercion after he allegedly pressured her into defending him amid the global backlash. Now,…
Ethereum, the leading smart contract platform and the second-largest cryptocurrency by market capitalization, has achieved a significant network milestone. The Holesky testnet, the newest and most advanced testnet for Ethereum, has successfully upgraded to Deneb. Terence.Eth, an Ethereum developer, shared the exciting news in a tweet. In an initial tweet, he announced that Holesky has been successfully upgraded to Deneb, stating that the first few blocks have come in. Holesky is finalized for Deneb. Another successful upgrade!! Participation dropped by approximately 5%, which I suspect is mostly due to node operators being offline. I have not seen any bugs reported…
Belarus’ Central Bank thinks its new CBDC will let Minsk “decentralize cross-border trade,” and has earmarked a national rollout for 2026. Per ONT, the National Bank of Belarus (NBB)’s Deputy Head of Research and Strategic Development Mikhail Demidenko, said: “The [goal] is primarily the decentralization of cross-border payments. The problem in the modern world is that all payments between countries go through the banking systems of issuers of major currencies like the dollar and euro.” Belarus: CBDC Rollout Confirmed for 2026 The US and the EU placed most major Belarusian firms and banks under sanctions following the outbreak of war…
In a whitepaper update released Thursday, online crypto casino Shuffle outlined the project’s tokenomics and plans to distribute the Ethereum-based SHFL tokens in a series of airdrops beginning the first week of March. The first airdrop, Shuffle said, will go to users who have played in the online casino in the first 12 months since its launch. Second and third airdrop rounds are planned for later this year, targeting a wider distribution of users. According to Shuffle’s whitepaper, 31% of the token allocation will go to the Shuffle treasury, 8.8% to early contributors, 28% to airdrop rounds, and 25% to…
Famous cryptocurrency analyst Michaël van de Poppe recently shared his views on the future of Bitcoin. With Bitcoin rising to $50,000 and above, the question on everyone’s mind seems to be whether it will reach $100,000 in the next few months. Bitcoin price has been on an upward trend, with its rise from $25,000 to $49,000 starting before the launch of ETFs. This rally resulted in net inflows into ETFs of more than $2 billion in one week. However, BTC outflows from Grayscale’s Bitcoin Spot ETF product GBTC were a source of FUD during this rally period. Despite the negative…
StellaSwap is launching a collaborative liquidity program with Acala Network and Bifrost Finance to promote excitement for Polkadot’s Liquid Staking Derivatives (LSDs). The program will also feature three key $DOT LSDs, including StellaSwap’s stDOT, Acala Network’s LDOT, and Bifrost Finance’s vDOT, each offering unique features. Leading decentralized exchange on the Polkadot network, StellaSwap, is set to launch an innovative liquidity program in collaboration with Acala Network and Bifrost Finance, aiming to generate excitement for Polkadot’s premier Liquid Staking Derivatives (LSDs). Liquid Staking Derivatives represent tokenized forms of Proof-of-Stake (POS) staked assets, introducing tradability, collateralization, and applicability in decentralized finance (DeFi)…
As the hours tick down to the launch of Axiom Mission 3 (Ax-3) via a SpaceX spaceflight to the International Space Station, Axiom Space is launching an NFT auction with artwork inspired by the mission from a variety of notable artists. The “Space Grails” auction will debut at 6pm ET Wednesday on Nifty Gateway in partnership with both Axiom Space and Web3 creator platform Transient Labs. The auction spans nine pieces of digital artwork minted as Ethereum NFTs, some of which are paired with physical versions that will be sent to space aboard Axiom Mission 3. Creators participating in the…
Ark 21Shares amended the S-1 for their spot ether ETF. Among other changes, including adding a section on potential staking, Ark 21Shares also added similar language to its bitcoin ETF around cash creation. The language around staking was added in brackets, which Van Buren general partner Scott Johnsson says means that the issuer wants to add the section, but knows that the Securities and Exchange Commission will want to hold a conversation about it. “[The Sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted third party staking providers (“Staking Providers”). The…