Author: NBTC

Main Takeaways Relive the thrills of Cristiano Ronaldo’s journey with his latest NFT drop ‘Forever Worldwide: The Road to Saudi Arabia’. Now, you can collect your favorite parts of his football legacy right in your digital collection! With the ‘Collect to Earn’ mechanism and ‘Fastest to Collect’ perk, you can earn yourself exciting benefits and improve your utility’s rarity by being one of the first to collect two or five distinct NFT locations. Getting your hands on the Portugal NFT gives you the opportunity to meet Cristiano Ronaldo in person. Own one by taking part in our auction or ‘Collect…

SEC made an important decision yesterday, in line with expectations, and approved spot Ethereum ETF applications. While expectations for an increase in the ETH price increased after this approval of the SEC, the prices of Bitcoin (BTC) and Ethereum fell in the last 24 hours despite the approval news. Evaluating this decline, FxPro senior analyst Alex Kuptsikevich stated that the decline in ETH price turned into a “news selling” event after the ETH ETF approval. Predicting that the price decline in ETH may continue at this point, Kuptsikevich argued that institutional investors could start accumulating ETH after this withdrawal. “Ethereum…

Hungarian-American billionaire hedge fund manager George Soros recently disclosed his first quarter (Q1) 2024 holdings in a 13-F filing. According to the disclosure, Soros Fund Management LLC declared 193 holdings valued at about $6 billion. George Soros invests in MicroStrategy The most intriguing stock among the top holdings held by Soros in Q1, 2024, is MicroStrategy (MSTR) shares, worth over $135 million. Since its BTC strategy introduction by cofounder Michael Saylor, shares of MicroStrategy have been regarded as one of the best options to gain exposure to Bitcoin (BTC) without holding the cryptocurrency. However, with the recent introduction of spot…

The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local currency. Nigeria’s Ambiguous Stance on Crypto The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency to protect investors who are already engaged in digital asset trading. The committee chairman, Osita Izunaso, argues that regulation is the only logical step to take since authorities have failed to stop residents from…

Although Bitcoin (BTC) has recently grown its price to a new all-time high (ATH) and continues to trade above the psychologically important level at $70,000, some influential figures remain highly skeptical of the flagship decentralized finance (DeFi) asset, including American economist Peter Schiff. Specifically, the famous Bitcoin naysayer strongly believes that too many individuals are confident in the future price increase of the maiden cryptocurrency and hold on to their long positions in it, but may end up disappointed, according to his X post on April 12. All things considered, making a definite BTC price prediction is a challenging task,…

Following the SEC’s approval of Spot Ether ETFs, the market has witnessed substantial Ethereum transactions to crypto wallets. This trend has garnered significant attention, with prominent on-chain analyst Ali Charts suggesting it could be a “sell the news” event. Simultaneously, market participants are speculating on the possibility of profit-taking, portfolio adjustments, or general market speculation. Notably, Jeffrey Wilke, co-founder of Ethereum, transferred 10,000 ETH, worth approximately $37.38 million, to the Kraken exchange. Wilke’s transfer is part of a broader trend of trading activities that could influence ETH’s price dynamics, with over 242,000 ETH transfers occurring in the past seven days.…

San Francisco — GaiaNet, a trailblazing AI infrastructure project, has secured $10 million in Series Seed funding to develop a decentralized network for open-source large language models (LLMs) and AI agents. This bold move challenges the dominance of centralized AI giants by redefining data access, utilization, and security.—The funding round attracted notable investors, including Generative Ventures’ Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund, and ByteTrade Lab.Decentralized AI for Diverse ApplicationsGaiaNet’s infrastructure leverages a distributed network of edge nodes, controlled by individuals and businesses, to host AI models. Each node functions…

Prominent Cardano enthusiasts are abuzz with anticipation over the impending Chang hard fork, scheduled for the second quarter of 2024. Positioned as a game-changing moment in Cardano’s journey toward decentralized governance, this milestone event marks the inception of minimum-viable community-run governance in the blockchain ecosystem. Central to the Chang hard fork is its role in initiating the bootstrapping process for Cardano’s governance throughout 2024, comprising three main stages. The first stage involves the introduction of delegate representatives (DReps), who will serve as elected representatives entrusted with the task of advocating for the interests of the Cardano community. This novel approach…

Ethereum dropped 4% immediately following the historic U.S. approval of spot Ethereum exchange traded funds (ETFs) yesterday. Many believed that the passing of spot ETFs in the U.S. would be a bullish event for the second largest crypto currency in the world. And it still might be. But in the hours that followed the approval by the U.S. Securities and Exchange Commission (SEC), Ethereum’s price barely budged—moving up just 1%. At the time of the approval, Ethereum was sitting at $3,840 but is now down 3.6% to $3,701, according to CoinGecko. This drop is even more pronounced over the past…

21Shares, recognized as the largest issuer of crypto exchange-traded products (ETPs) globally, has made a significant move into the UK financial market. Today, the company unveiled the listing of four new physically backed crypto-asset exchange traded notes (ETNs) on the London Stock Exchange, specifically tailored for professional investors. This strategic expansion not only broadens 21Shares’ geographical footprint but also introduces its pioneering investment products to one of the world’s most prominent financial hubs. This introduction of ETNs in the UK by 21Shares comes at a time when the Financial Conduct Authority (FCA) has updated its regulatory framework to allow professional…