Author: NBTC
Real estate, luxury goods, and more are now available as NFTs, blending digital security with tangible value. Phygital NFTs offer unmatched authentication for high-value items, protecting ownership and reducing fraud. Event-based NFTs provide verifiable ownership for exclusive events, ensuring authentic access and reducing counterfeit risk. Digital art Based on Physical Ownership of Asset NFTs, which have a phygital nature, has been opening new opportunities in different industries. Such distinguished NFTs present great promise as they intermediate virtual ownership and real-life goods in various sectors. Ever more High-ROI opportunities in the NFT market appear with adding practical application intertwined with blockchain.…
The addition of XRP on Robinhood Europe enables European investors to access one of the most popular trading cryptocurrencies. Europe may become active on the XRP market if they start using Robinhood that offers commission-free services. This move is in line with Ripple’s plans of making XRP popular all over the world especially in Europe as it seeks to make borderless transactions. XRP, one of the widely used cryptocurrencies, has been included in the list of available trading stocks on the European version platform Robinhood. This is a positive development for XRP as it struggles to find a footing in…
Franklin Templeton’s CEO believes blockchain can revolutionize investment methods and asset management. Bitcoin is seen as both a payment tool and a potential safety asset. The financial giant’s optimistic stance may signal broader blockchain adoption in traditional finance. The CEO of Franklin Templeton, an investment management firm overseeing $1.5 trillion in assets under management (AUM), has expressed a positive outlook on blockchain technology and Bitcoin. This view suggests that there is increasing recognition of blockchain in the context of the traditional financial industry and signals a shift in perspective of large investment houses to the emerging new world. Blockchain as…
Tesla stock topped the volatility charts at 24%, followed by AMD at 16% and Nvidia at 12%, all surpassing bitcoin’s 11% movement range, according to my calculations. Other tech giants showed lower volatility than bitcoin. Intel registered 9% price swings, while Meta and Microsoft stayed around 8%. Amazon showed 7% volatility, with Google at 6%. Apple proved the most stable among analyzed stocks with just under 6% monthly volatility. This volatility distribution suggests the conventional financial narrative may need updating, as the data no longer supports the assumption that bitcoin is significantly more volatile than blue-chip tech stocks. Notably, Tesla’s…
A temple in Kyoto, Ryuganji Temple, is offering 1,500 free animated NFTs to promote Japanese Buddhist culture on a global scale. Starting Nov. 1, users can claim free Ryuganji Temple non-fungible tokens from the official website. Visitors will also be able to collect the NFT directly at the temple starting Nov. 9, 2024 at 14:00 JST. There will be a QR code available on-site for the public to scan in order to claim a free NFT. The Ryuganji NFT includes a video showing the temple’s gate and main hall as well as a clip of animated brushstroke calligraphy created by…
SEI transaction fees have decreased by nearly 25% in the last four months, making the network more cost-efficient. The Sei v2 upgrade boosted daily transactions to 5 million and increased total value locked (TVL) by 229%. SEI Network continues to attract interest from blockchain analysts and traders, with transaction fees falling considerably over time. According to a recent tweet from blockchain analyst Cooltimes, SEI transaction fees are now about 25% lower than they were four months ago, indicating a consistent improvement in the network’s cost-efficiency. This reduction in transaction costs is projected to make SEI more appealing to both retail…
Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process. As such, miners often turn to credit facilities to fund their operations. Today, mining costs continue to grow, with some experts saying that costs have skyrocketed to $49,500 as of the second quarter. CoinShares reports that the second quarter data is $2,300 more than the first quarter when mining costs average $47,200. The investment…
Collectify, the prominent player in the multichain NFT market, has partnered with XSTAR, the Omnichain Identity Protocols provider. This partnership could mark the beginning of a new way of augmenting the use of blockchain through verification of the actual identity of users, hence making such platforms safe for use by the participants. With the help of XSTAR, Collectify plans to improve user engagement and ensure maximum compatibility with different blockchains. What This Partnership Brings to the Table One of the notable innovations by XSTAR is the Omnichain ID Protocol for the Proof of Humanity. It offers an anonymous and assured…
Recent statistics reveal a notable surge in Bitcoin (BTC) transactions, reaching a peak not seen in six months. Insights from blockchain analysis firm IntoTheBlock attribute this spike to a rising number of wallets that hold BTC, which has been shared through their social media channels. Contents hide 1 Why Are Bitcoin Addresses Increasing? 2 What Drives Short-Term Bitcoin Trading? Why Are Bitcoin Addresses Increasing? IntoTheBlock points out that the number of addresses accumulating BTC for under 30 days has been a significant factor in this upward trend. Such a pattern typically signals a bullish market atmosphere. Current developments are being…
Crypto detective ZachXBT has responded to the speculations of his NFT on Zora Protocol and has said that he never intended for people to speculate on investigations. ZachXBT has clarified that Zora’s user interface currently does not inform creators that an ERC-20 token will be launched at the end of the open edition NFT minting, as he attached a screenshot as a proof of his claim. The Zora UI currently does not give any indication to creators an ERC 20 token will also be launched at the conclusion of an open edition NFT mint (attaching screenshots for proof). If people…