Author: NBTC

As Bitcoin struggles to recover from recent losses, notable analyst Michael van de Poppe suggests a major bull run may be on the horizon. Drawing comparisons to historical financial events, van de Poppe believes the current economic cycle is similar to the 1930s Gold Standard and the dot-com bubble of 2000. His analysis highlights the growing concerns surrounding the U.S. economy and its global position, which could fuel a massive Bitcoin surge. The U.S. Economy’s Weakening Position Van de Poppe highlights growing concerns about the U.S. economy, noting troubling economic data such as job openings and ADP non-farm employment changes,…

AgriDex, a prominent Real-World Asset (RWA) marketplace over Solana, announces a strategic collaboration with Bridge, an on-and-off-ramp service provider. This collaboration is aimed to revolutionize global agricultural trading by streamlining financial transactions through decentralized finance (DeFi). Additionally, both firms will collaborate to increase the ease and standard of agri-business deals for farmers and traders globally by providing stablecoin solutions. Transforming Agricultural Payments AgriDex and Bridge’s cooperation changes the nature of financial transactions in the agricultural market, which comprises $2.7 trillion in agricultural trades. AgriDex utilizes Bridge’s payment infrastructure, enabling customers to seamlessly convert digital assets to USD. This significantly reduces…

Ethereum price remains in a deep bear market, continuing to underperform other top cryptocurrencies like Tron, Bitcoin, and Solana. The ETH token was trading at $2,500 on Monday, a few points above last week’s low of $2,385. It has dropped by almost 40% from its highest level this year, giving it a market cap of $300 billion. Ethereum sluggish ETF inflows The first reason why Ethereum price has remained in a bear market is because of the ongoing sluggish demand of ETFs from institutional investors. Ethereum ETFs have had cumulative outflows of $504 million, bringing the total assets to $6.8…

Wintermute, a prominent algorithmic crypto trading firm, has started aggressively accumulating Neiro On Ethereum (NEIRO), one of the hottest meme coins. Its accumulation spree started earlier this month. Now, the firm holds nearly 62.5 million tokens. This sum represents more than 6% of the total NEIRO supply. Earlier this week, NEIRO experienced a massive triple-digit price surge after being listed on the Binance exchange. Its market cap surged above the $200 million threshold. According to data provided by CoinMarketCap, the token is currently down 28.32% over the past week. It is currently trading at $0.11, with its market cap sitting…

Over 70% of Craig Wright’s 259 claims in his latest UK lawsuit are based on “misunderstandings, blatant misrepresentations, and legally incoherent theories,” according to analysts. Specifically, X (formerly Twitter) account CSW Fact Check sifted through Wright’s claims and found that 184 of them don’t stand a chance of succeeding. Even for the 75 claims that do appear to have a chance, the fact-checkers stated that they are still only “remotely grounded in fact.” Wright is reportedly applying concepts that are irrelevant to Bitcoin’s decentralized nature and displaying “a fundamental disconnect from legal reality.” Read more: COPA confirms Craig Wright is…

Orbs is looking to bring DeFi into the mainstream with its Layer-3 blockchain network that’s designed to enable sophisticated on-chain trading features, such as advanced order types like futures, decentralized derivative markets and aggregated liquidity. Its goal is to deliver a decentralized trading experience that can match the one found on centralized exchange platforms. The protocol does this by enhancing the capabilities of smart contracts and expanding blockchain interoperability, and it does it without bridging that liquidity across chains, minimizing the risk to users. It can be thought of as a decentralized backend that mirrors the kind of infrastructure that…

Chiliz chief strategy officer Max Rabinovitch recently discussed Ethereum co-founder Vitalik Buterin’s efforts to address centralization in Ethereum’s validation structure. In an interview with crypto.news, Rabinovitch explained that while Buterin’s solutions are suitable for Ethereum (ETH), they may not apply universally to all networks that rely on Ethereum Virtual Machine compatibility. Buterin’s proposed approach seeks to reduce validator centralization by lowering entry barriers for participants and capping rewards to prevent validator consolidation. According to Rabinovitch, this effort targets Ethereum’s unique issues. “He’s solving an Ethereum problem, not a universal EVM problem,” Rabinovitch said. The industry pundit stressed that each blockchain…

In the past 30 days, TON blockchain has seen an impressive 23.58 million transactions within its decentralized application (dApp) ecosystem, according to DappRadar Insights. This kind of activity shows increased trends in the level of awareness and users’ participation on the given platform. 📊 30d stats on @ton_blockchain reveal an impressive 23.58M transactions in the TON dapp ecosystem. 🐈 A key driver of this activity is @CatizenAI, with recent events around their $CATI token and the Play for Airdrop campaign. 👀Data: https://t.co/iMlElaciu5 pic.twitter.com/bnL88XYc8I — DappRadar Insights (@InsightsByDR) September 19, 2024 Catizen Attracts New Users with Fun Games and $CATI Token…

President Joe Biden made a call to the Nigerian president on Tuesday to share his thanks for the release of detained Binance executive Tigran Gambaryan. Biden also spoke of the agreement between the nations to cooperate on law-enforcement matters, including illicit financial and cryptocurrency issues. U.S. President Joe Biden called Bola Tinubu, the President of Nigeria, on Tuesday to personally thank him for the recent release of detained American Binance executive Tigran Gambaryan. According to a Tuesday statement from the White House, Biden “underscored his appreciation for President Tinubu’s leadership” in securing Gambaryan’s release in the phone call. Gambaryan, head…

HIVE Digital is expected to double its hashrate in the coming year, the report said. Cantor assumed coverage of the stock with an overweight rating and $9 price target. The broker said the market was underappreciating the company’s prospects. Bitcoin (BTC) miner HIVE Digital (HIVE) is expected to more than double its hashrate in the next 12 months, broker Cantor said in a research report Tuesday, initiating coverage of the stock. Cantor assumed coverage of HIVE with an overweight rating and a $9 price target. The shares rose about 3.6% on Tuesday, trading around $4.26. The broker said it expects…