Author: NBTC
In recent weeks, the crypto market has been generally choppy. However, Ethereum continues to underperform relative to Bitcoin and other assets of its caliber. For context, Bitcoin has gained slightly, while Solana has surged 5% in the past day. Meanwhile, Ethereum is down 2.38% in the same timeframe, the steepest drop among the coins in the top ten of the crypto ranking by market cap. Ethereum’s inherent price weakness is also evident in the ETH/BTC chart, which has trended southwards since June’s highs. Hypes from the approval of the Ethereum spot exchange-traded fund pushed Ether over $3,800 per coin and…
Deputy Governor of China’s Central Bank says the countries partnering together to build mBridge would need to establish trust and mutual understanding of one another’s regulatory framework. According to a report by SCMP on Oct. 23, the deputy governor of the People’s Bank of China Lu Lei said that countries working together in developing the central bank digital currency platform mBridge will need to respect each other’s monetary regulations if they want their cross-border payment tool to be successful. “A balance between the rights and responsibilities of participating jurisdictions, while preventing disruptions to the international monetary and financial systems,” said…
ApeChain is a blockchain network designed to power decentralized finance (DeFi) projects, NFTs, and dApps, with a focus on scalability and efficiency. If you’re new to ApeChain or looking to explore its growing ecosystem, the first step is setting up ApeChain Mainnet on MetaMask. This article will walk you through adding ApeChain to MetaMask, exploring the native token $CURTIS, and utilizing tools like Ape Express to maximize your experience on the network. What is CURTIS Coin? CURTIS is the native token of ApeChain, a crucial element of the network’s economy. It is used to facilitate transactions, staking, and governance, making…
High gas prices have historically been a problem for Ethereum during times of high demand. These charges, which are a result of network congestion, have been an ongoing issue. In response, Ethereum cofounder Vitalik Buterin is putting forward a number of changes to increase productivity and better control transaction fees. He proposed a number of significant adjustments with an emphasis on lowering gas costs for different Ethereum Virtual Machine (EVM) opcodes. Buterin wants to reduce the gas costs for EVM opcodes that are currently in the 2-5 range to 1, and those in the 6-10 range to 2. This action…
From 2025 in Italy, with the new law, a significant increase in the tax rate on crypto capital gains will come into effect, bringing it to 42%. The government aims to regulate a growing sector, involving millions of Italian investors and attracting criticism from many. Let’s see all the details below. Increase in taxation on crypto capital gains: what the 2025 maneuver of the law in Italy provides An exponential growth in the crypto market Who will be affected by the new tax regime? Increase in taxation on crypto capital gains: what the 2025 maneuver of the law in Italy…
Main Takeaways: Regulation can light the way for growth, boosting trust and sparking innovation in the crypto world. Too much regulation might cast a shadow over innovation, but when regulators and the crypto community stir the pot together, they can concoct a potion that nurtures balanced growth. Binance’s proactive approach shows that compliance and innovation can thrive side by side, even in the ever-changing landscape of cryptocurrency. As we journey into the enchanted world of crypto this Halloween, one topic still gives the community chills — government regulation. But is this fear well-founded? Are these regulations protective spells, or are…
Kraken, the 6th-largest crypto exchange in the world, said Thursday that it is launching its own layer-2 network atop the Ethereum blockchain, based on technology borrowed from Optimism – the same provider that powers rival Coinbase’s layer-2 network, Base. The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched in mid-2023. Ink, as Kraken’s new network is known, is built on the OP stack, a customizable toolkit that lets developers create their own blockchains using Optimism’s technology. The network is expected…
As Bitcoin nears the $57,000 resistance, it’s likely that the price will struggle to break higher in the immediate future. This next phase will be critical—if Bitcoin fails to break above $57,000 soon, the bearish trend could once again take over the market. Analyst Josh of Crypto World explained that Bitcoin is bouncing back from a key support level but is now hitting a major resistance area. However, the price is bouncing back from a key support level, around $52,500, which means that even in a downtrend, short-term upward moves can happen. Right now, the bigger picture is still bearish,…
The Ethereum network continues to grow steadily, reaching new highs in validators and staked Ether this year, but this might not be the best outcome for the ecosystem going forward. According to the Beacon Chain, the amount of staked Ether has been growing yearly, increasing by over 6 million throughout 2024 and hitting a peak of over 34 million on Oct. 2. Lachlan Feeney, founder and CEO of Ethereum infrastructure firm Labrys, told Cryptopolitan the growth is steady because that’s what the system has been designed to incentivize. The Ethereum Network has more staked Ether and validators than ever, hitting…
In recent years, cryptocurrency has evolved from a fringe investment into a mainstream digital asset class that is increasingly being included in diversified portfolios. For investors looking to enhance their portfolio’s risk-adjusted returns, adding a crypto allocation can be a compelling strategy. A well-balanced portfolio that includes cryptocurrencies like bitcoin or ether has the potential to offer superior returns and a higher Sharpe ratio compared to traditional portfolios made up solely of equities, bonds, or other assets. Let’s break down why this is the case and look at metrics that demonstrate the advantages of including crypto from a risk/return perspective.…