Author: NBTC
In a groundbreaking collaboration, TRON and APENFT have announced the introduction of a revolutionary innovation: the redeemable inscription. This marks a significant advancement in the realm of Non-Fungible Tokens (NFTs), promising novel opportunities for both seasoned investors and newcomers to the space. The unveiling of this innovation coincides with the highly anticipated launch day of the TRONscription Market, where participants will have the unique opportunity to engage with the first-ever redeemable inscription tied to the $NFT token. The partnership between TRON and APENFT underscores a shared commitment to driving innovation and pushing the boundaries of what is possible within the…
Flipside’s “EVM Smart Contract Deployment Snapshot” report reveals that 637.9 million Ethereum Virtual Machine (EVM) smart contracts deployed since January 2022, signaling a seismic shift in developer and user activity on blockchain platforms. Polygon and BNB Smart Chain are at the forefront of this surge, with Optimism alone accounting for two-thirds of the total EVM smart contract deployments in 2024. Ethereum’s Dencun upgrade, which is set to happen on Mar. 13th and is expected to lower layer-2 gas fees, could further catalyze the diversification of smart contract deployments, according to the report. Developers increasingly opt for financially innovative, utility-driven blockchain…
A Chinese lawmaker has proposed amending Article 144 of the country’s Code of Criminal Procedure to make it easier to interrogate and freeze suspects’ virtual currency and other assets. The MP stated that the current system has difficulties in capturing, storing and evaluating virtual currencies. Jiang Fan, a deputy of the National People’s Congress and chairman of the board of Hunan Renren Law Firm, suggested in an interview with “Rule of Law Daily” that the virtual currency destruction system involved in the case needs to be urgently improved. “The disposal of virtual currencies has become a key and difficult issue…
The U.S. Spot Bitcoin ETF market remains a hotspot for investors, accumulating a staggering around 175,000 BTC since its launch despite Grayscale’s heavy outflow. Notably, the Bitcoin ETFs also continued their robust momentum this week, while Fidelity FBTC recorded its highest inflow on March 7 since its launch. However, the latest data also suggests that the BlackRock influx has cooled this week, sparking curiosity among investors. U.S. Bitcoin ETF Accumulates 175K BTC Since the inception of the U.S. Spot Bitcoin ETF, investor interest has skyrocketed, with total inflows reaching $9.36 billion, equivalent to 174,881.2 BTC. On March 7 alone, these…
Higher crypto prices are a tailwind for the exchange. Recent cryptocurrency price action has been driven by increased retail participation. The exchange’s daily volumes have hit levels not seen since the 2021 bull market. Wall Street giant Goldman Sachs (GS) called time on its bearish stance on crypto exchange Coinbase (COIN), upgrading the shares to neutral from sell after bitcoin (BTC) hit a record high and daily trading volumes hit levels not seen since 2021, according to a report published Thursday. The bank also lifted its price target to $282 from $170. Coinbase shares were little changed at $242.10 in…
In an unprecedented surge of interest, Masa, the pioneer in decentralized personal data networks, has announced the sensational close of its community token sale on CoinList, reaching a staggering $8,750,000 from the initial and additional token allocations combined. This sale was completed in a mere 17 minutes, setting a new benchmark in the crypto community for rapid funding. The sale witnessed the release of 63,554,660 MASA Tokens, valued at $5,000,000, which were snapped up almost instantly. The demand was phenomenal, with the sale being oversubscribed by 6.4 times. Of the 52,606 individuals registered, only 6%, amounting to 3,285 lucky users,…
Integrating blockchain technology with tangible, real-world applications is becoming increasingly significant. Indeed, Decentralized Physical Infrastructure Networks (DePIN) is a sector experiencing exponential growth. Around 650 new projects were launched, catapulting DePIN’s market capitalization to an impressive $20 billion and generating an estimated $15 million in annualized on-chain revenue. The growing interest in DePIN reflects the potential to revolutionize traditional systems by democratizing access to essential services and fostering community-driven solutions. The Promise of DePIN to Disrupt Monopolies DePIN stands at the forefront of marrying cryptocurrency’s decentralized ethos with the physical world’s infrastructural needs. From Wi-Fi and transportation to data storage…
Binance Vs SEC: The U.S. Securities and Exchange Commission (SEC) is considering every legal and investigational development as supplemental authority to gain an upper hand in the lawsuit as Binance, Binance.US, and co-founder Changpeng “CZ” Zhao request the court to dismiss the case. In the last action by the securities regulator SEC, a notice of supplemental authority is filed by the SEC claiming the relevance of the recently revived Williams v. Binance in this case. SEC Vs Binance: New Supplemental Authority According to a filing in the court, the SEC submitted a notice of supplemental authority requesting the court to…
The host of the Coin Bureau YouTube channel, Guy Turner, believes that Bitcoin (BTC) could hit nearly $200,000 this market cycle. In a new strategy session, Turner tells his 2.42 million YouTube subscribers that history indicates the top crypto asset by market cap will likely soar to six figures sometime this cycle. According to Turner, two major catalysts will cause BTC’s price to spike. The first is the upcoming halving event, which will cut miners’ rewards in half, and the other is the Federal Reserve’s monetary policy. Guy notes that historically, a parabolic rally tends to follow BTC’s halving event.…
The U.S. economy continues to show little sign of slowing down, with the government Friday morning reporting 275,000 jobs as having been added in February versus expectations for 200,000. January’s originally reported blowout job growth of 353,000 was revised lower to a still respectable 229,000. The unemployment rate missed expectations, though, rising to 3.9% versus an anticipated 3.7% and January’s 3.7%. Bitcoin (BTC) rose a bit to $67,650 in the immediate aftermath of the report. Traditional markets for now are showing little reaction to the new numbers, with U.S. equity futures, bond yields and the dollar modestly lower. Coming into…