Author: NBTC
The markets are rallying exuberantly for BTC for a couple of reasons this March. Institutional investors bought deep after the SEC opened up Wall Street access to Bitcoin price exposure through custodial spot ETFs. That only adds to the scarcity shock with the supply halving coming up next month. However, many blockchain crypto trading strategists think it is hard to overstate the importance of the ETF approvals by the Securities and Exchange Commission. The new paradigm does not merely allow regulated investors to do so. It caps off a year of incredibly welcoming and accommodating policies for Bitcoin and cryptocurrencies…
Many mid-sized asset managers in traditional finance are still skeptical about bitcoin, even after some of the biggest names in the industry have started to endorse the cryptocurrency. Some call bitcoin a “bubble” while others don’t see demand from clients and therefore, have no reason to participate in the alternative asset class. Around the time it turned 15 and following years of scoffing by others on Wall Street, Bitcoin in 2023 won acceptance from one of the most powerful investors in the world, BlackRock. Other traditional finance firms had endorsed the original cryptocurrency, to be sure, but BlackRock’s blessing –…
The number of Shiba Inu addresses holding at least $1 million worth of SHIB now amount to 1,342 at its current price of $0.00002803. Shiba Inu did not escape the recent market onslaught, collapsing from the $0.000045 high on March 5 to a floor of $0.00002366 on March 20. This slump marked a massive 47% decline within two weeks. However, SHIB recovered from this low, currently pushing to reclaim and retain $0.000028. While the crypto market has seen a rebound, with Bitcoin (BTC) recovering the $70,000 psychological territory, Shiba Inu has not fully leveraged the ongoing campaign. SHIB currently trades…
Bitcoin (BTC) outflow from exchanges continues amid the rocketing popularity of spot ETFs in the U.S. Meanwhile, the BRC-20 euphoria lost its traction by mid-March 2024. Bitcoin (BTC) fees lost 33%: Key reason Bitcoin (BTC), the largest blockchain network, sees its aggregated transaction fees plunging by 33.1% in the last days. Such estimation was shared by blockchain data analytics platform IntoTheBlock in its latest weekly newsletter. In this week’s newsletter we focus on the signs of greed developing in crypto markets. We evaluate the amount of leverage in crypto & analyze the consequences it may bring to investors 👇https://t.co/8X8vEyqUG7 —…
After the artificial intelligence boom, investors pursued projects that combined this exciting sector with cryptocurrency. According to Fortune’s own sources, Bittensor Bittensor, a decentralized artificial intelligence market, has attracted the attention of leading venture capital companies. Polychain, Digital Currency Group, and dao5 have collectively invested hundreds of millions of dollars in the project’s token, TAO. TAO, which was previously only available through mining, mid-tier exchanges and over-the-counter markets, was listed for trading on both Binance and Crypto.com last week. Bittensor founder Jacob Steeves shared in an interview with Fortune that the emergence of centralized tools from tech giants such as…
Hedera Hashgraph has partnered with the World Economic Forum (WEF) to publish a report on Metaverse identity. New forms of digital ID, like unique avatars and virtual signatures, are emerging in the metaverse. Hedera Hashgraph, a leading player in digital innovation, has teamed up with the World Economic Forum (WEF) to publish a report on Metaverse identity. This collaboration aims to illuminate the intricacies of identity within the digital landscape and emphasize the significance of privacy and security measures in the Metaverse. “The exploration of #metaverse identity underscores the need for a human-first approach prioritizing equality, inclusivity, accessibility, authenticity, and…
In a recent development within the cryptocurrency space, Alchemy Pay has unveiled its latest initiative, introducing Radix on its fiat On-Ramp platform. This strategic move aims to enhance accessibility and streamline user experience within the burgeoning decentralized finance (DeFi) ecosystem. Radix, renowned as a full-stack layer-1 protocol, empowers developers by simplifying the process of building and scaling DeFi applications. With this integration, users gain seamless access to XRD, Radix’s native token, leveraging their preferred fiat payment methods to partake in the Radix ecosystem. We are excited to introduce @radixdlt on #AlchemyPay’s fiat On-Ramp! #Radix is a full-stack layer-1 protocol that…
DWF Liquid Markets is thrilled to announce the listing of eight significant tokens, a development set to give the cryptocurrency ecosystem a major boost. In its drive to further liquidity and access to both traders and investors, DWF Liquid Markets, a top digital asset exchange marketplace, has made accessible trading pairs for each of the eight tokens recently listed against USDT. The eight pairs are NULS/USDT, PROM/USDT, MBL/USDT, LEVER/USDT, DUSK/USDT, COTI/USDT, BEL/USDT, and AMB/USDT. NULS, PROM, MBL, LEVER, DUSK Tokens Join DWF Liquid Markets The listed tokens include $NULS, which is a distinguished blockchain infrastructure that enables user customization of…
Vitalik Buterin has been executing a sequence of transactions that raise some questions. Through Railgun privacy protocol Buterin has transferred 100 ETH, valued at approximately $325,000, without any clear reason. Railgun is bringing a new layer of privacy to the DeFi space. It is keeping the specifics, like token type, amount and who’s sending or receiving tokens under wraps. Users can switch their ERC-20 tokens or NFTs to private addresses and back to public ones without anyone else seeing what is going on. With Railgun, you can also swap tokens and use dApps, all while your privacy is kept intact.…
NEAR Protocol, a leading layer 1 blockchain platform, is taking a bold step towards creating user-owned artificial intelligence (AI). As part of its impressive 3-6 month roadmap, NEAR has announced plans to hire AI engineers. This strategic move aims to position NEAR at the forefront of the intersection of AI and blockchain. Company co-founder Illia POLOSUKHIN spoke about this during a virtual meeting with key NEAR employees. Polosukhin has extensive experience as an AI researcher and software engineer. The NEAR protocol’s dedication to user-owned AI sets a new standard in the blockchain industry. By hiring AI engineers and leveraging new…