Author: NBTC

Bitcoin’s recent surge to a two-month high has sent shockwaves through the cryptocurrency market. After a period of consolidation, Bitcoin (BTC) broke out of its trading range and experienced a significant uptrend, surpassing key resistance levels. This sudden price surge has not only caught the attention of investors but has also resulted in the liquidation of approximately $100 million in short positions. The quest for alternative gains With Bitcoin’s price skyrocketing, investors have become increasingly interested in exploring alternative investment opportunities. While Bitcoin remains the dominant cryptocurrency, many investors seek other avenues to diversify their portfolios and earn substantial returns.…

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Every significant cryptocurrency, including Bitcoin, had a challenging year in 2022. Bitcoin, the largest cryptocurrency in the world, lost approximately 65% of its market value in 2022 due to a succession of unforeseen events, such as the collapse of the largest crypto exchange, FTX, the Terra Luna Crash, and impending macroeconomic conditions.  Cryptocurrencies could revolutionize gaming and finance, despite Bitcoin price drops. Bitcoin has huge potential to attract investors who believe in virtual currencies. Despite the crypto market crisis and Bitcoin price drops, cryptocurrencies are a terrific investment with many perks. Traders with a bullish long-term outlook can accumulate more…

Veloce Media Group has exciting news to share as it embarks on a promising partnership with Polygon Labs. The primary aim of this collaboration is to seamlessly integrate their native token, VEXT, into the world of blockchain technology. Mark your calendars for September 04, 2023, as this is when VEXT is set to make its debut, thanks to the efforts of Mike Blank and Rupert Svendsen-Cook.  Notably, both Blank and Svendsen-Cook are slated to be in attendance at Korea Blockchain Week on that very date, where we can anticipate gaining deeper insights into the unfolding cooperative venture. Korea Blockchain Week…

HashKey, an Asia-based crypto exchange, is venturing into the lands of Hong Kong after securing the operational license under the new licensing regime. Livio Weng, the Chief Operating Officer of HashKey, interacted with the media to share that HashKey will go live in the region on August 28, 2023, which is next Monday. The offering is initially only for retail traders, giving them access to the two most popular digital tokens. Bitcoin and ether will be the first tokens to go live on the crypto exchange platform. The reason for choosing Bitcoin and ether is that the market trend is…

The BCW Group has taken over the hashgraph.name domain service and will initiate total business and technical functions related to the platform. BCW is a venture studio and business solution company. Its expertise lies in creating the central framework and decentralized services throughout Web3. BCW has been instrumental in delivering multiple significant services in the Hedera ecosystem, like Hashport, a linking facility and Arkhia, a development tool and mirror node framework service.  Up until now, almost 18,000 .hbar account handles have been created with a view towards Hedera accounts by hashgraph.name. The service handles allow for users on Hedera Public…

Bitcoin, the pioneer of cryptocurrencies, has been too volatile. If you started investing in Bitcoin in 2020, you might find the current market condition ‘bearish.’ It is called time capitulation. You can also consider it as the extended bear market that Bitcoin is currently experiencing. In this post, we are going to tell you about the bear phase of Bitcoin and strategies to overcome this situation for a beginner. The Longest Bear Market in Bitcoin’s History Michael van de Poppe’s tweet highlighted a significant concern among crypto enthusiasts – the prolonged bear market. He acknowledged the prevailing sentiment that the…

The prominent digital currency trading platform Coinbase, which also has a division for venture capital, is collaborating with the reputable blockchain company Socket. The primary objective of this partnership is to enhance the cross-chain capabilities of Coinbase’s flagship products, Base and Coinbase wallet. Through this collaboration, they hope to increase the level of integration between these two applications and other blockchains. A well-known venture capital firm, Framework Ventures, is co-leading the financing round for Socket. They already participated in Socket’s initial seed round in 2022, and their most recent investment illustrates their confidence in the venture. By virtue of this…

As per the latest research conducted, Robinhood has attained the third position amongst the Bitcoin holders globally. This is in relation to Bitcoin custodianship. The well-known stock and cryptocurrency trading website boasts of having a wallet with over $3 billion worth of BTC. There is only Binance and Bitfinex, which are ahead of it.  Speculations seem to be running rampant as to who is responsible for the gigantic Bitcoin wallet. The popular belief is that the prospective owners could be big-time financial institutions, such as BlackRock, or, for that matter, some prime exchanges like Gemini. The general opinion stems from…

Sushi, the well-known decentralized finance (DeFi) project, is going on an exciting growth adventure, for the first time stepping beyond the Ethereum environment to interface with the Aptos blockchain. Sushi’s foray into a blockchain that does not natively support the Ethereum Virtual Machine (EVM) represents a key milestone in the field of DeFi. Integrating Sushi’s Version 2 automated market maker (AMM) into the Aptos network is central to this development, which is anticipated to alter the DeFi landscape. In an official statement, the Sushi team emphasized the innovative significance of this decision, noting that this integration represents Sushi’s first non-EVM…