Author: NBTC
According to market analysts, Bitcoin and gold have both rallied in recent days on the back of increased global liquidity, central bank balance sheet expansion and the Fed’s recent rate cuts. Bitcoin has risen 7% in the last five days, surpassing $64,000 for the first time since August, while gold has also hit a new record this year, reaching $2,600 per ounce. Charlie Bilello, Chief Market Strategist at Creative Planning, noted that for the first time since Bitcoin’s inception in 2009, both Bitcoin and gold were among the best-performing assets of the year. Analyst James Van Straten attributes this outperformance…
Ethereum maintains over 50% of the total blockchain TVL, largely due to its vast DeFi ecosystem and smart contract capabilities. Tron has rapidly expanded its TVL through its focus on decentralized finance, solidifying its position in the crypto market. BNB appeals to developers and users for its high transaction speed and low fees, making it a strong contender in DeFi. In this highly developing area of DeFi, many blockchains are competing to be the king among them for offering special features, scalability, and low cost. TVL is an important metric that measures how much value has been locked into these…
Ethereum (ETH) price has recently experienced a 13% decline, with prices dipping towards the end of September. Despite this drop, Ethereum is currently holding strong above its bear market support floor, suggesting that the cryptocurrency may be poised for a recovery. Investors are now looking for bullish signals that could push ETH beyond the six-week barrier, bringing new opportunities for price growth. Ethereum Investors Are Resilient Ethereum’s long-term holders (LTHs) are showing renewed strength, as indicated by the Liveliness metric. This indicator tracks LTHs’ behavior, declining when they accumulate and increasing when they liquidate their holdings. Currently, the LTHs are…
Palau’s government in partnership with Soramitsu and Japan’s ministry has launched a blockchain-based savings bond prototype aimed at enhancing domestic investment growth. Palau is launching a blockchain-based savings bond system developed in collaboration with Japanese blockchain firm Soramitsu and Japan‘s Ministry of Economy, Trade and Industry to provide citizens with investment opportunities in domestic infrastructure projects. In a Tuesday press release on Oct. 8, Soramitsu said the so-called “Palau Invest” initiative seeks to empower citizens by providing them with a new means to invest in national projects while earning yields from those investments. Based on the SORA v3 Hub Chain’s…
Wrapped Dog brings the fun of meme coins to the advanced Solana blockchain, enhancing user engagement and transaction speed. BlackCardCoin connects cryptocurrency users to a straightforward spending experience, seamlessly integrating traditional and digital finance. Both cryptocurrencies focus on sustainable growth and user rewards, fostering community participation and long-term viability in the market. The world of cryptocurrency is constantly evolving, with new coins and tokens emerging to challenge the status quo. From meme coins like Wrapped Dog and Shiba Inu to industry giants like Bitcoin and XRP, these are the most viewed cryptocurrencies shaping the future of finance and digital transactions.…
Cross-chain interoperability protocol deBridge has launched deBridge Hooks to enable real-time, multi-chain data transfer across the decentralized finance ecosystem. DdeBridge introduced the new feature in an Oct. 8 announcement, noting that the deBridge Hooks rollout will benefit developers and protocols seeking cross-chain communication. What are deBridge Hooks? With deBridge Hooks, users such as market makers can now benefit from near-instant distribution of assets, user registration, onboarding processes, and experiences. Hooks will also boost efficiency across decentralized finance applications. Applications running on one chain can receive deposits from another network — for instance, from Solana (SOL) based lending protocol Kamino to…
Robert Kiyosaki, financial expert, Bitcoin investor, and the author of the popular book on finance management “Rich Dad Poor Dad”, has published a tweet, in which he made two staggering Bitcoin price predictions. He revealed a big reason, why he believes that BTC is likely to soar to $1 million per coin. AI to shake Bitcoin and the world of money: Kiyosaki In the tweet published earlier today, Kiyosaki named AI as the key driver for crucial changes in the world of finance over the next years. He mentioned a book soon to be published about how money will be…
The United States Supreme Court has denied hearing a case involving “stolen” BTC from the formerly prosperous Silk Road marketplace. The decision permits the state to sell the coins valued at around $4 billion USD, but this news and that of a ‘Satoshi reveal’ on HBO still aren’t stopping crypto OGs from ceaselessly developing P2P (peer-to-peer) use cases for bitcoin. Right off the bat it should be noted: “Bitcoin” for the purposes of this article means the definition written down in Satoshi Nakamoto’s whitepaper. Namely, “A purely peer-to-peer version of electronic cash [that allows] online payments to be sent directly…
Institutional ethereum investment via ETFs reached a historic — and dismal — milestone yesterday when for an entire day on Wall Street, zero net new US dollars flowed into spot ether ETFs. Known as ‘daily total net flow’ or simply ‘flows’ in crypto parlance, this metric sums the total amount of money invested into spot ether ETFs (inflows) against the total amount of money withdrawn (outflows) on a daily basis. The intention of the metric is to communicate how much effect the spot ether ETFs — distinct from other investment vehicles like spot or derivative purchases — contribute to ether’s…
Real-world asset platform Midas announced Tuesday an expansion in access to its tokenized U.S. Treasury bills and yield-bearing carry trade products to retail users after acquiring a regulatory green light in Liechtenstein. This means that Midas removed the $100,000 minimum investment requirement and investor accreditation process for its mTbill and mBasis tokens, and has also steamlined the process for investing in the tokens to make them available with as little as “one-click.” The tokens are accessible globally excluding the U.S. and sanctioned countries, the company said. The issuance of the products received regulatory approval from Liechtenstein’s Financial Market Authority, and…