Author: NBTC
Galxe has taken a stride in its mission to democratize Web3 access with the unveiling of GAL Staking. This pivotal enhancement elevates the utility of the GAL ecosystem, empowering users with exclusive rewards and pivotal roles in governance decisions. As part of Galxe’s commitment to fostering a decentralized future, GAL Staking is a cornerstone that enables users to contribute meaningfully to the platform’s evolution. Stake your claim in the Galxe ecosystem! ☄️GAL Staking is live, empowering users with token utility, governance, and exclusive rewards. ⤵︎https://t.co/6I0Rhafviy — Galxe (@Galxe) April 24, 2024 GAL Staking heralds a new era for users by…
Yesterday, the Supreme Court of the United States issued two important cases which will likely have wide ranging impacts for Bitcoin and crypto. The decisions are National Rifle Association of America v. Vullo (NRA) and Cantero, et al. v. Bank of America, N. A. (Cantero). In NRA, the Court addressed a critical issue impacting not only traditional advocacy groups but any disfavored, but legal, industry. This ruling draws parallels to Operation Choke Point 2.0, where U.S. regulators have allegedly been targeting crypto businesses through financial exclusion. Moreover, the recent Cantero decision sheds light on how this legal framework might impact…
Learn how to sell Bitcoin (BTC) with our comprehensive guide, covering strategies, considerations, and top selling avenues for maximizing returns. Cryptocurrencies have experienced a remarkable rebound in 2024, enticing many traders with substantial gains. Some of them, including Bitcoin, have even surpassed previous all-time highs and are selling at unprecedented prices. As such, many crypto enthusiasts may be eager to explore avenues for converting their digital assets into cash. If you’re wondering how to sell Bitcoin and when the optimal time is to do so, this guide is tailored to answer your questions. Table of Contents Understanding the need to…
Bitwise Asset Management executive Katherine Dowling suggested that former President Donald Trump might be the only person who knew spot Ethereum ETFs would get initial approval from the Securities and Exchange Commission (SEC). During a panel discussion at the Consensus cryptocurrency conference, Dowling said, “Trump may have been the only person who knew about it. I think Trump knew that we were going to get these confirmation orders, and he might have been the only person who knew about it because we didn’t know.” said. Dowling, who serves as Bitwise’s general counsel and Chief Compliance Officer, made the comments while…
In an interview with Crypto Briefing, Chris Donovan, COO of NEAR Foundation, discussed Near Protocol’s vision for integrating AI into the web3 ecosystem and driving mass adoption, among other topics. AI integration and web3 mission Near Protocol, which began as an AI project before pivoting to blockchain, sees significant potential in the intersection of web3 and AI. Donovan emphasized that an open web, where users own their data and assets and have governance power, is essential. He warned that developing AI in closed, profit-driven environments could lead to dystopian outcomes. “We think that if someone doesn’t do this in the…
The chairman of the Senate Finance Committee told a Consensus 2024 audience that the House of Representatives was on the right track with the FIT21 bill. Wyden said he and others in the Senate decided to slam the brakes on the Securities and Exchange Commission’s controversial crypto accounting standard and reconsider using a “different standard” on the custody of digital assets. AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who’ve shown some support for crypto issues, cast doubt Friday that a legislative solution for the industry would move quickly, but he suggested to an audience…
According to the latest data, we are now less than 1,400 blocks away from the anticipated Bitcoin halving event, which will decrease the block reward from 6.25 bitcoin to 3.125 bitcoin. Bitcoin’s value soared to a new all-time high on March 14, reaching $73,794 per bitcoin, but has since seen a 6.5% decline. Observers are now eagerly awaiting the outcome of the upcoming reward halving, wondering what the future holds for bitcoin’s valuation. Tik Tok – Next Block Lately, bitcoin’s (BTC) price has remained steady, fluctuating between $65,000 and $71,000. Impressively, 2024 has outdone the 2021 milestone by sustaining its…
Vitalik Buterin, Ethereum co-founder and chief architect of the project, made a surprise appearance at the last event held at ETHBerlin. His unexpected debut and candid reflections on Ethereum’s initial design attracted the attention of more than 600 developers. Buterin’s speech not only brought back memories of Ethereum’s beginnings in 2014, but also offered insight into the future of the cryptocurrency, which is now worth $448 billion. This comes at a time when the US has approved a spot Ethereum exchange-traded fund and BlackRock, the world’s largest asset manager, has launched its own tokenized fund on the blockchain. Despite Ethereum’s…
A pioneer decentralized insurance platform has integrated Chainlink to ensure secure, reliable, and seamless data exchange. Chainlink’s CCIP has emerged as an industry standard for cross-chain solutions, offering numerous benefits for projects. Chainlink has partnered with Etherisc to offer the platform a seamless cross-chain integration through Chainlink’s CCIP tool. This is a landmark collaboration for Chainlink, helping support the pioneer decentralized insurance platform to offer reliable, tamper-proof insurance data on-chain. Established in 2016, Etherisc, revealed that Chainlink has been a partner since its establishment and it is only natural that it would choose Chainlink’s industry-standard platform for its cross-chain solution.…
Quick Take Data from Glassnode show that Bitcoin (BTC) transaction fees in 2024 have exhibited a general downward trend, but not without intermittent spikes. Contrasting with 2023, the average transaction fees in BTC have escalated, now settling between $1 million to $2 million per day, a marked increase from the previous year’s $500k average. Notably, inscriptions, particularly prevalent from November through December 2023, fueled significant fee spikes, surpassing Ethereum fees for the last two weeks of December and briefly on Feb. 3. However, Ethereum has since retained its dominance. Presently, the average fee per block stands at approximately 0.40 BTC,…