Author: NBTC
Marathon Digital Holdings (MARA), a key player in the Bitcoin mining sector, has added over 5,000 Bitcoin (BTC) over the past month, bringing its total Bitcoin holdings to 26,200 BTC, valued at approximately $1.5 billion, the company shared the milestone in a recent statement. Acquiring #bitcoin is a marathon, not a sprint. pic.twitter.com/ZYuf1tq6cH — MARA (@MarathonDH) September 12, 2024 The company continued its purchasing spree after announcing the acquisition of over 4,144 BTC on August 14, boosting its reserves to over 25,000 BTC. By the end of August, MARA’s Bitcoin stash reached 25,945 BTC. MARA maintains a “HODL” policy, similar…
The real-world assets (RWAs) are getting substantial attention from institutional investors with their intention to diversify portfolios in the expanding DeFi sector. Beyond the already famous exchange-traded funds, entities are increasingly moving toward investment in top crypto assets like Ethereum and Bitcoin, while additionally producing the latest tokenized products such as Ethena’s tokenized fund “BUILD.” Apart from the popular ETFs, the #RWA sector is also catching the attention of Institutions.A key development is that institutions are increasingly investing in $BTC, $ETH and creating new products like the BUILD tokenized fund. This diversifies their portfolios and positions… — Dexponent (@Dexponentx) October…
Keplr Wallet, a prominent decentralized wallet platform, has disclosed a collaboration with Starknet that should foster new development. Keplr plans to contribute to Starknet’s extension to provide its users with sophisticated solutions such as ZK rollups and native account abstraction. This partnership will help to promote Keplr’s and Starknet’s vision to improve user experience, security, and decentralization on the web. More wallet integrations mean greater accessibility and a growing community.Welcome to the Starknet fam, Keplr 🙌 https://t.co/SmU0llZuDV — StarkWare 🐺🐱 (@StarkWareLtd) October 17, 2024 Starknet’s Groundbreaking Innovations Starknet is famous for developing ZK rollups and account abstraction, which are the…
Bitcoin price dips below $58,000 does not deter analysts’ expectations for bull run. Analysts debate over when the bull run will begin and how high BTC price will go. One analyst expects BTC to reach $107,558 by December 2024 and January 2025. Despite the price of Bitcoin (BTC) sinking below the $58,000 price mark, sentiments for a bullish parabolic pump for Bitcoin to pump to new ATHs remain strong. Many analysts are sharing their expectations for an impressive pump for Bitcoin in to coming months of 2024, a pump that could kick off in Uptober. Bitcoin Analysts Debate Over Next…
While inflation in the US is moving towards the FED’s 2% target, the FED made its first rate cut in September. The FED, which made its first rate cut aggressively by 50 basis points, will announce its next decision in November. As markets await the Fed’s decision in November, Goldman Sachs analysts said they expect the Fed to cut interest rates by 25 basis points in a row from November 2024 to June 2025, bringing the final interest rate to the 3.25-3.5% range, Reuters reported. According to CME’s Fedwatch tool, markets are not currently expecting the Fed to cut rates…
Wu Blockchain has reported a notable surge in the value of tokens listed on Upbit, South Korea’s largest cryptocurrency exchange. According to the report, several tokens, including MINA, CTC, ASTR, SPURS, POKT, and UXLINK, saw sharp price increases within a day of listing. WuBlockchain Team counted the tokens listed on Upbit, the largest exchange in South Korea, over the past year. Generally, they rose sharply within one day of listing, among which MINA, CTC, ASTR, SPURS, POKT, and UXLINK rose by more than 100%. In addition, we also counted the… pic.twitter.com/yCbMApC7MU — Wu Blockchain (@WuBlockchain) September 25, 2024 Wu Blockchain’s…
TunaChain has announced a strategic partnership with Collably to enhance collaboration in the blockchain space. The announcement was shared on both platforms’ social media accounts on X. This partnership involves integrating TunaChain’s L2 solution on the Bitcoin network with Collally’s platform. Collably matches blockchain projects to their best-fit partners, thus fostering innovation and growth within the decentralized ecosystem. 🌊We are excited to announce a strategic partnership between TunaChain and @CollablyNetwork, aimed at accelerating collaboration within the blockchain ecosystem. 🎆This partnership will leverage TunaChain’s Layer 2 (L2) solution on the Bitcoin network with Collably’s… https://t.co/qb0ibOXdzY — TunaChain (@TunaChain) October 17, 2024…
TCMB announced its interest rate decision for October 2024. The CBRT Monetary Policy Committee left interest rates unchanged at 50% in October. The expectation was that the policy rate would remain unchanged at 50% in October. What Was the Dollar’s Reaction to the Interest Rate Decision? After the CBRT decision, the dollar is traded at 34.17 TL. The CBRT’s statement regarding the latest interest rate decision is as follows: “The Monetary Policy Committee (the Committee) decided to keep the one-week repo auction interest rate, which is the policy rate, constant at 50 percent. The underlying trend in inflation increased slightly…
Fruition Productions is set to release the first Ripple documentary, titled ‘XRP Unleashed’ this year. The film covers the story of Ripple and its popular cryptocurrency, XRP. This release comes as Ripple faces legal challenges, including a recent $125 million fine, which many still view as a victory that could reshape the narrative around XRP. In a conversation with Jake Claver, producer Maia shared that they are planning a series of premieres in November before the release of their project on social media. They are in the final stages of confirming the theaters and expect everything to be finalized within…
A blockchain contains three main tiers: keeping safety as the top priority, making sure everything works all the time, and letting everyone participate in how a blockchain works. However, when many people use a blockchain at the same time, it slows down. That’s where layer-2 comes in, which can be considered an upgrade to layer-1 blockchains. Layer-2 makes blockchains scalable, faster, and less crowded while keeping everything governed and safe. In this article, we will discuss what is layer-2 blockchain, the different layers of blockchain, and specifically what are the key differences between layer-1 vs layer-2 blockchains. Table of Contents…