Author: NBTC

There are currently almost 9,000 validators waiting in line on the Ethereum network as the crypto’s price touches $3,000. The number of validators could hit one million by April’s Bitcoin halving as restaking takes off. Ethereum Explorer beaconcha.in reveals 8,799 aspiring validators who could, when added to the network, take the number of validators closer to one million. No validators intend leaving the network. Validators Crowd For Restaking Potential In the past week, the amount of ETH staked on the network reached $1.24 billion. The network also onboarded 12,741 nodes over the same period. The total number of active validators…

Startup accelerator Y Combinator has included stablecoins as a separate category for funding requests. According to a “Requests for Startups” page, Y Combinator (YC) included stablecoins in its “requests for funding” page, signaling the growing interest in stablecoins in the realm of digital finance. While acknowledging the still-evolving nature of the blockchain market, Y Combinator emphasized the potential of stablecoins as digital counterparts to traditional currencies. “There’s been much debate about the utility of blockchain technology, but it seems clear that stablecoins will be a big part of the future of money.” Brad Flora, group partner at YC You might…

According to Eric Balchunas, a senior ETF analyst, Vanguard has absorbed approximately $30 billion in inflows since the launch of Bitcoin ETFs, a figure six times greater than what Bitcoin ETFs have achieved. This influx underscores Vanguard’s dominance in traditional finance (TradFi), despite the crypto sector’s rapid growth and the significant attention Bitcoin ETFs have garnered. #BoycottVanguard flops Vanguard’s steadfast approach to investment, deeply rooted in the principles set forth by its late founder, Jack Bogle, has led to a pointed refusal to engage with the cryptocurrency market, including Bitcoin ETFs. This decision sparked considerable debate within the crypto community,…

VeChain files for a V3TR trademark registration, and could position it to conform with the global financial communication standard. The global payments industry is estimated to reach $20 trillion by 2026 with an annual growth rate of 24%. In a bid to conform to the global financial communication standard, VeChain (VET) has filed for a V3TR trademark registration. The announcement was earlier disclosed by crypto commentator Collin Brown who claimed that the move is an obvious effort to merge the crypto industry to the traditional financial system. VeChain’s pending trademark is a game-changer! From digital currency transfers to crypto trading,…

Retail investors, priced out of Ethereum mainnet by high gas fees and shifting their attention to layer-2 rollups, now have a 1-click yield vault option on Arbitrum, courtesy Sommelier Finance. The first foray into Arbitrum One will be Sommelier’s Real Yield ETH vault, which generates yield by providing liquidity and taking leveraged positions on staked ether (ETH). The DeFi protocol, built as a Cosmos app-chain, was technically already multichain, given that its initial vaults — called “cellars” — are on Ethereum mainnet, while managed via the native app-chain. Since launching in April 2023, Sommelier has attracted around $60 million in…

Superchief Gallery will open what’s being hailed as the world’s first gallery dedicated to Bitcoin Ordinals artwork, the company announced Wednesday. Located in San Francisco, the new gallery marks a collaboration with the Ordinals-centric Cypherpunk Lab collective—alongside neurotechnology startup Nuro Realm and software firm Deezy Labs—to inaugurate Superchief Gallery San Francisco. The San Francisco gallery aims to be a permanent fixture, continually offering new exhibitions and spotlighting artists that capture the attention of the Ordinals space. The grand opening festivities commence on Friday, February 16, celebrating the launch of Bitcoin Magazine’s special issue on Ordinals inscriptions, featuring a live “Hell…

The largest altcoin, Ethereum, has been breaking records lately. ETH, which exceeded $ 2,800 after a long time, has now broken a record on the cryptocurrency derivatives exchange Deribit. According to The Block, open interest in Ethereum futures reached an all-time high on Deribit. While there has been an increase in the Ethereum futures funding rate on Deribit since the beginning of February, the value of open positions on Deribit is currently over $690 million. This increase in Ethereum futures open positions indicates that the demand for long positions in Ethereum has increased. In other words, this increase in Ethereum…

While the rises experienced by Bitcoin (BTC) and altcoins increase the rally expectations among investors, preparations for the real bull rally continue. At this point, institutional investors, as well as retail investors, are making various purchases. Activity continues in Falcon X, which is among the major institutional investors in the crypto market who have purchased large amounts of altcoins from Binance in recent months. According to Lookonchain’s post, GSR and Falcon “Looks like institutions are pouring funds into the crypto market! “In the last 24 hours, FalconX and GSR received a total of 86.5M USDC from Circle and deposited them…

Renowned crypto analyst Doctor Profit, known for his weekly reports that dissect the intricacies of the cryptocurrency market, has made a bold prediction regarding Bitcoin’s future trajectory. In his latest report, Doctor Profit emphasizes the unprecedented bullish momentum currently driving Bitcoin’s price action and lays out a compelling case for the cryptocurrency’s imminent surge to new all-time highs. As per Doctor Profit, BTC will pump so huge that traders will not see the current price level for many years. #Bitcoin – What’s Next?The big Sunday report, all you need to know:🚩 TA/LCA/Psychological Analysis: Two weeks ago, when Bitcoin was between…

An XRP liquidity tracking resource recently identified a smart wallet that it believes could help signal when XRP has reached its next all-time high price. The liquidity tracking resource, identified as XRP Liquidity on X, disclosed this in a recent post. The team behind the resource called attention to a smart money wallet associated with an address with the tag Musk. They revealed that the individual behind the wallet is fascinated with popular figures associated with astronomy. In addition, this fascination extends to individuals who have made notable contributions to the field of science and technology. Sometimes I like to…