Author: NBTC
Just hours to go until the Dencun upgrade goes live on Ethereum mainnet, the tokens of layer-2 scaling solutions like Arbitrum, Optimism, and Polygon have all seen hefty gains. Arbitrum is the only one to have seen double-digital gains as the Ethereum community counts down the minutes to Dencun. Its ARB token has risen 11% in the past day and 7.5% compared to this time last week. ARB rose as high as $2.25 early Wednesday morning, but has since settled to $2.20 at the time of writing. Arbitrum is one of the largest layer-2 Ethereum scaling solutions, with a total…
The Ripple versus SEC saga continues to stir controversy within the cryptocurrency community, with the latest focus falling on divergent views regarding former SEC chief William Hinman. Hinman’s role in shaping regulatory perceptions of digital assets has sparked heated debate, particularly within the XRP community. A recent social media exchange involving Miles Jennings, General Crypto Counsel at a16z, ignited discussions around Hinman’s legacy. Jennings defended Hinman’s contributions, praising his efforts to provide clarity on how cryptocurrencies could operate within existing securities laws. However, this viewpoint faced sharp criticism from XRP enthusiasts, who labeled Hinman as “corrupt” and called for accountability.…
Crypto.com and Adelaide Oval have integrated to enable the first ever crypto payments at an Australian stadium. Users will pay with crypto via Crypto.com Pay, with a AUD$10 cashback for first 1,000 transactions. The partnership also involves payments terminals provider DataMesh Crypto.com has announced a major partnership with Adelaide Oval, one of the top sporting grounds in Australia. According to details in a news release today, Crypto.com and Adelaide Oval have integrated to bring the first-ever crypto payments at a major stadium in Australia. Oval is the home of Australian Rules football club Adelaide Crows. Sports fans to pay via…
Bitcoin remains volatile, but some market calm is expected soon. Traders are pricing out the possibility of an ether ETF anytime soon, QCP Capital says. Bitcoin (BTC) tested $66,000 during the Asian trading hours on Friday, as market observers expect the leading cryptocurrency to face more volatility ahead. “Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview. “The drawdown still remains in line with…
Savvy commodity trader Peter Brandt has posted another Ethereum-themed tweet. This time, however, it was not so harsh as the one the trader posted earlier today when he labelled ETH a “junk coin.” The legendary trading expert tweeted that since he is a chart-based swing trader, believing ETH to be junk would not stop him from “taking a leveraged long position in ETH if the charts so indicated.” A chart is a chart, he added. As a post note, I am a chart-based swing trader. I would not hesitate taking a leveraged long position in $ETH if the charts so…
TRON DAO and Token Terminal collaborate to integrate TRON network data. The integration enhances the analysis of TRON’s on-chain activity. Tronix (TRX) was selected for inclusion in the MarketVector™ Token Terminal Fundamental Index Suite. TRON DAO and Token Terminal have joined forces in a groundbreaking collaboration, integrating TRON network data into Token Terminal’s analytics suite. Additionally, TRON’s native token, Tronix (TRX), has been selected for inclusion in the MarketVector™ Token Terminal Fundamental Index Suite, marking a significant milestone for the TRON ecosystem. TRON Network and Token Terminal integration Token Terminal, renowned for its sophisticated data analytics tools, will now incorporate…
Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial frauds in American history. But while this may mark the end of a chapter for FTX, a number of questions still linger. For instance, many individuals within the crypto industry are left wondering whether or not a 25-year prison sentence for Bankman-Fried is enough. 👨⚖️ What do you all think of 25…
Recent developments in the financial markets have sparked debate over whether investors are shifting their assets from gold exchange-traded funds (ETFs) to Bitcoin ETFs. Despite the rapid growth of bitcoin ETFs in the US, research from investment banks suggests that the emergence of these digital asset funds has not significantly impacted gold ETF outflows. How Bitcoin ETFs Are Not Causing Outflows in Gold ETFs Bitcoin ETFs globally attracted $11.3 billion by March 21, even as the Grayscale Bitcoin ETF saw substantial outflows. Concurrently, gold ETFs experienced a $7.7 billion reduction, despite gold reaching a record $2,200 per ounce. This led…
The Ethereum Foundation researchers’ original goal was partly to keep the liquid-staking industry’s dominance from growing even further – by reducing the incentives for new stakers. But the proposal has led to pushback from some quarters of the community, who question whether the change is needed, or if these sorts of manual adjustments can succeed in addressing the desired changes in market demand. The discussion also has prompted some observers to wonder aloud if the Ethereum Foundation, where Vitalik Buterin works, wields too much influence over the decentralized network. Earlier this year, a pair of Ethereum Foundation (EF) researchers put…
IOTA Grants aims to alleviate funding barriers faced by innovators in the Web3 landscape. IOTA Grants focus on open source development, Research, Education, and Events, essential pillars for advancing innovation within the IOTA ecosystem. The IOTA Ecosystem DLT Foundation unveils a groundbreaking initiative, IOTA Grants, aimed at addressing the funding challenges encountered by innovators and creators in the rapidly evolving realm of Web3. With an acute awareness of the financial barriers hindering many aspiring builders worldwide, IOTA Grants will offer vital financial assistance to individuals with promising ideas but limited resources. Furthermore, the primary objective of this initiative is to…