Author: NBTC

Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential inflation, worsened by war, and predicted a sharp rise in gold prices as the dollar continues to weaken. Peter Schiff’s Predictions on US Economy and Gold’s Future Economist and gold advocate Peter Schiff, chairman of Schiff Gold, joined Michael Gayed and Will Rhind on the…

Chiliz to launch Pepper memecoin starting October 10th. The Chiliz CEO Alexandre Dreyfus pointed to data to reflect how fan tokens were beating NFTs in volume. Chiliz powered platform Socios has regulatory licenses in Italy, Spain, Portugal, Lithuania, said Dreyfus noting that “apart from crypto exchanges, its the most regulated” crypto entity in the world. SINGAPORE — The Chiliz blockchain is aiming to become “the sports blockchain,” its CEO Alexandre Dreyfus said in an interview with CoinDesk while calling fan tokens’ market is much larger than non-fungible tokens (NFTs). Dreyfus also said that, starting October 10, Chiliz is planning on…

Supernova Shards, a multiplayer space simulator, has announced the expansion of its in-game currency, LFC, to the recently launched Neo X sidechain. This development allows players to move LFC tokens between Binance Smart Chain and Neo X. As part of the update, users can also stake LFC on Neo X and purchase in-game blueprints using the token. Supernova Shards, developed by Cyprus-based Sunday Games, describes itself as a vast open-world space simulator emphasizing realistic economics, sandbox-style gameplay, and survival elements. Exclusive NFT starship blueprints To celebrate the integration with Neo X, Supernova Shards has launched exclusive unique starship blueprint NFTs.…

The ecosystem of Layer 2 Ethereum solutions remains stable while expanding, with increased activity in unique active addresses in multiple applications. Cross-chain DEX aggregator Manta Network shows an incredible 101% increase in unique active addresses within a month. Total Unique Active Addresses in Layer 2 #Ethereum Ecosystem🏆1. @base 2. @arbitrum 3. @MantaNetwork 4. @taikoxyz 5. @LineaBuild 6. @zksync 7. @Optimism 8. @Scroll_ZKP9. @0xMantleWelcome to Manta Network, which has achieved a remarkable 101% growth in the last 30… https://t.co/xzY9mxlVtp pic.twitter.com/jghY150S2s — Ethereum Daily (@ETH_Daily) October 7, 2024 This signifies that more user attention will be given to Manta Network as it…

Salvadorans are increasingly leveraging bitcoin for cross-border payments, reducing reliance on intermediaries. Compass Coffee, a U.S.-based company, recently purchased Salvadoran coffee using bitcoin, ensuring fair pricing for producers. The Salvadoran Ambassador to the U.S., Milena Mayorga, emphasized that bitcoin facilitated competitive prices directly to producers without third-party cuts. Explore how Salvadoran coffee producers are benefiting from bitcoin transactions, ensuring fair trade and prompt settlements. Bitcoin as a Catalyst for Fair Trade in El Salvador Bitcoin’s integration into the coffee trade market in El Salvador signifies a major advance in achieving fair trade practices. Recently, Compass Coffee, a company based in…

Another slip in Ethereum price warns of the local support trendline crackdown. Will the altcoin survive? The Ethereum price currently trades at $2,418, with a 24-hour drop of 2.85%. In the past seven days, it has dropped by 8.56% and lost the $300 billion market cap threshold. Ethereum’s valuation now stands at $291 billion, with a 24-hour trading volume of $16.11 trillion. Can Ethereum maintain its position above $2,400 as selling pressure resurfaces amid increased market volatility? Let’s examine the key support levels and potential price trends. Ethereum Price Analysis The daily chart indicates a larger falling channel pattern, signaling…

Former President Donald Trump and Vice President Kamala Harris’ campaign promises would add trillions of dollars to the national debt, according to a new study from a nonpartisan think tank. Trump’s agenda is significantly more expensive, says the Committee for a Responsible Federal Budget (CRFB). The CRFB says Trump’s tax and spending plans would likely increase the debt by about $7.5 trillion over the next ten years, and Harris’ plans would likely add about $3.5 trillion in the same time frame. That’s a whopping $11 trillion in total. “Our large and growing national debt threatens to slow economic growth, boost…

The DEGEN token has become much more active, with the increase in the number of active addresses observed during the last seven days. This rise, as significant as it is, may reflect an increased interaction with the currency and speaks of increasing demand for the token’s utility. The number of active $DEGEN addresses nearly doubled in the last week, highlighting a significant increase in on-chain activity alongside its recent price movement. pic.twitter.com/gOKZhCyL45 — IntoTheBlock (@intotheblock) October 2, 2024 A crypto analytics firm, IntoTheBlock, reported that the total active addresses grew from 3000 to 6600 between September 24 and October 1,…

Ethiopia is emerging as a fast-growing Bitcoin mining hub, with local miners already consuming 600MW of power and more capacity expected to come online this year. Ethiopia’s Bitcoin (BTC) mining industry is gaining momentum, with crypto miners currently consuming 600MW of power, Ethan Vera, the co-founder and COO of Luxor Mining, said in an X thread, citing data from Ethiopian Electric Power. The country, which has approximately 5,200 MW of installed generation capacity, predominantly from hydropower, with wind and thermal sources making up the remainder, is expected to add several hundred more megawatts of capacity by the end of the…

Crypto wallet Phantom has launched beta support for Base, Coinbase’s layer-2 network, allowing users to manage assets across multiple chains. Phantom, a cryptocurrency wallet initially designed as a Solana-centric application, has announced the rollout of beta support for Base, an Ethereum-based layer-2 network developed by Coinbase. In a blog post, the Phantom team revealed that users can now explore functionalities such as sending, receiving, and purchasing Base-based stablecoins like USD Coin (USDC) and cryptocurrencies such as Ethereum (ETH) using debit and credit cards, Apple Pay, or Coinbase. How to turn on Base:Step 1: Open Phantom on mobile or browserStep 2:…