Author: NBTC

The CEO of Bitcoin’s Lightning Network wallet Strike Jack Mallers is predicting that the flagship crypto asset could reach a seven-figure price during the current cycle. Mallers says in an appearance on the David Lin YouTube channel that efforts to save the bond market could lead to a looser monetary policy, consequently triggering Bitcoin (BTC) to appreciate by between 297% and 1,486% from the current level. “The bond market is in trouble for really arguably the first time in modern financial history. Bondholders are getting absolutely demolished and crushed. Now who owns bonds? All of our banks. So our bank…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Just over two weeks have passed since the fourth Bitcoin halving took place. During this period, the network’s hashprice dropped from over $100 per petahash to below $45 at the beginning of May. It has since increased to $50 per petahash. Despite the modest rebound, the network’s total hashrate has experienced a decrease, with a reduction of about 50 exahash since the halving event. Bitcoin Hashrate Wanes Post-Halving This weekend, Bitcoin’s total hashrate is maintaining levels around 600 exahash per second (EH/s), occasionally fluctuating slightly below and above this mark. This decline follows the all-time high in hashrate that occurred…

BTC is trading above $64K even as outflows accelerate. The correlation between ETF outflows and BTC’s price is weakening. Bitcoin (BTC) is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly. Market data shows that the U.S.-listed ETFs had a daily total net outflow of $217 million. This brings the total outflow so far this week to $244.49 million. In comparison, bitcoin is up around 3.7% in the last week. According to JPMorgan, the correlation between bitcoin ETF prices and inflows has weakened, dropping from a…

In a recent post published on the Twitter/X platform, Ethereum co-founder and frontman Vitalik Buterin mentioned the popular meme cryptocurrency Shiba Inu, which caused a stark wave of comments coming from the SHIB community and crypto influencers. SHIB lead, the mysterious Shytoshi Kusama, has quoted Vitalik’s tweet, posting a response to it as well. Kusama pleased by Buterin’s tweet Vitalik Buterin shared what impression he got of the Shiba Inu meme coin when he disposed of the massive SHIB chunk, most likely he speaks about the 500 billion SHIB sent to him by the project’s pseudonymous founder Ryoshi in 2021…

Onramp, a bitcoin asset management company, has announced that is has launched its sister company Onramp MENA as part of its expansion into the MENA region. Onramp MENA is backed by Early Riders, the first Bitcoin-denominated investment fund. The company which is based out of Dubai UAE, at DIFC ( Dubai International Financial Centre) will offer Bitcoin asset management services built on their multi-institution custody model. Ralph Gebran, Managing Partner of Onramp MENA, remarked, “The launch of Onramp MENA not only sets a new benchmark in Bitcoin asset management and custody within the region but also heralds the dawn of…

RIO, the native token for the Realio network, is trending on Google and X, with its price up more than 16% over the past 24 hours. The project has been in the spotlight over the past week. The price of RIO tokens went from $0.8938 on March 20 to as high as $2.522 on March 27, marking a growth of 197%. The project, working with real-world asset tokenization, is cashing in on the hype surrounding this innovation. RIO price chart | Source: CoinMarketCap The Realio Network is a defi marketplace powered by RWAs. Founded in 2018 and headquartered in New…

A recent article shared by cryptocurrency giant Ripple highlights the critical role of custodians in managing ETFs. Custodians are responsible for the security, accessibility, and regulatory compliance of the Bitcoins held within the ETFs. Using an enterprise-grade digital asset custody provider is crucial for ensuring the safety, security, and accessibility of cryptocurrencies and tokenized assets.Learn about the key considerations for spot bitcoin ETFs and why secure custody matters. https://t.co/iqlEJXmrxH — Ripple (@Ripple) April 25, 2024 The article highlights some of the key areas for custodians to focus on. First and foremost, proper security measures are important. This means using strong…

VeChain launches MaaS, simplifying NFT marketplace creation, targeting real-world assets. Gresini Racing partners become first enterprise to utilize VeChain’s MaaS platform. VeChain’s MaaS bridges physical and digital assets, enhancing authenticity. VeChain, a leading blockchain platform, has unveiled its latest innovation, the Marketplace-as-a-Service (MaaS) platform, marking a significant milestone in the realm of blockchain adoption. Designed as a no-code solution, MaaS empowers businesses and individuals alike to effortlessly create NFT marketplaces, addressing the growing demand for tools facilitating the tokenization of real-world assets. VeChain has launched its new Marketplace-as-a-Service (MaaS) platform, a white-label digital asset platform providing businesses with the infrastructure…

Metaplanet invests ¥1 billion ($6.5 million) in Bitcoin for its corporate treasury. Acquisition details: 97.8519 bitcoins bought at an average price of ¥10,219,524 per bitcoin. This investment represents approximately 30% of Metaplanet’s current market capitalization. Metaplanet seems to follow MicroStrategy’s footsteps after deciding to make Bitcoin its saving choice. In a recent disclosure, Japanese company Metaplanet Inc. has announced its purchase of ¥1 billion ($6.25 million) worth of Bitcoin. This move comes as the company strategically diversifies its investment portfolio and enters the cryptocurrency space. Today, we’re thrilled to announce a groundbreaking shift in our financial strategy, as we embrace…