Author: NBTC

Shiba Inu recently announced a new addition to Shibdentity, Shib Name Service. The service is a major step toward developing Shiba Inu’s decentralized identity platform, Shibdentity. The platform will empower users to control and own their digital identities. Shib Name Service (SNS) is bringing human-readable addresses to the ecosystem. Currently, users own wallet addresses filled with random numbers and alphabets. However, with SNS, users can get customized addresses to send and receive tokens. For instance, a perplexing address such as “0xc0c9ccg5f5411d2bbma4” can be transformed into Raymond.shib. This is not the only advantage that SNS provides, as it also facilitates: Decentralization:…

Bitcoin’s current standing in the cryptocurrency world is undeniably noteworthy. Having surged past the challenging $32K resistance, it is on a trajectory towards its all-time high. Bitcoin serves as the flagship digital currency, setting trends and benchmarks for the entire crypto landscape. Its continued ascent underscores its role as a store of value and investment asset.  The crypto community closely monitors Bitcoin’s moves, and its performance is often seen as a parameter of a broader digital asset market. With this steady climb, Bitcoin remains a central player shaping the future of cryptocurrencies. Bitcoin’s Ongoing Battle with Final Resistance After crossing…

Kadena has announced its partnership with Ideasoft. The objective is to introduce EVM interoperability through Hyperlane. It has been described as simply bringing the next-generation bridge to the ecosystem. Some of the key components that go live under this association are: DeFi financial instruments are gaining recognition and higher usage Staking opportunities that have eluded the ecosystem till now Higher interaction with dApps, allowing a larger user base to access facilities supported by an intuitive user interface Increased liquidity and better potential for stablecoin EVM-compatibility, which is the core of Kadena joining hands with Ideasoft Kadena chose Hyperlane over all…

Those burned by the last big Bitcoin bull run are rightfully skeptical that another one is here so soon. However, a trend strength indicator is now confirming the existence of a new bullish trend emerging. Are bulls finally back in control over crypto? Sidelined investors and traders will want to pay attention. How Technicals Could Confirm A New Bullish Trend In Bitcoin Bitcoin price is pulling back after a few failed attempts to make it though $38,000 resistance. This sudden weakness after a major breakout is both reassuring for bears and confusing for bulls. Those on the sidelines still aren’t…

BlackRock’s iShares Bitcoin Trust ETF is now added to the DTCC’s eligibility file. A DTCC spokesperson recently confirmed the news with an official statement. The statement read that it is routine practice for the DTCC to add securities to its NSCC security eligibility file. This is done before the release of every new ETF to the market. Inclusion on the list does not guarantee approval or regulation of the ETF. Listing the ETF in advance of its release is standard practice. BlackRock has been in the headlines for a few days now. It started with the company gaining traction after…

Vitalik has shared his opinion on the types of L2s that one can read through for a better understanding of their operation. Plus, it helps to categorize projects while potentially laying down the roadmap for Bitcoin, a network whose token is way above $30k, as the article is being drafted. Analysis of the blog post published by Vitalik on L2s broadly claims heterogeneity in the segment. Meaning there is a scope for a broader spectrum of L2s, especially when it comes to trade-offs. In other words, L2s can be distinguished simply based on their basic characteristics. Elements involved in categorizing…

In the world of cryptocurrency, Bitcoin exchange-traded funds (ETFs) may offer institutional investors a key to the crypto kingdom. Bitcoin enthusiasts are waiting for a “spot” ETF, which would open the door for big financial players to invest in Bitcoin, marking mainstream acceptance and a potential influx of capital. Understanding Bitcoin ETFs and the Impact of Institutional Investment First, let’s talk about Bitcoin exchange-traded funds (ETFs) and why they matter to the crypto world. These ETFs allow big financial players or institutional investors to enter the cryptocurrency market. There are some Bitcoin ETFs in the U.S., but they are not…

Celestia has announced that its mainnet is now live, effective October 31, 2023, at 14:00 UTC. The mainnet has been codenamed Lemon Mint and is not the first modular data availability network. Celestia has said this is a major milestone for the community that has supported them throughout the development, especially since the LazyLedger Whitepaper was published. Celestia announced in a post that a new era has begun, adding that it is an era of verifiability in which participants can operate a light node securely. Additionally, this has been described as the beginning of an era of collaboration in which…

BTC is way above the mark of $30k, and experts are weighing in with their opinions about how Bitocin can end up benefiting the entire crypto community. Highlights are that if Bitcoin performs well on the board, it brings a more optimistic picture for memecoins like SHIB. Needless to say, the effect spans across other tokens as well, which observe a jump in their exchange value after conversion to the US dollar. The first opinion is from Market Mojo. They believe that Bitcoin shining on the board is a sign that there are positive vibes in the ecosystem of digital…

Polygon Labs recently released a full-fledged guide on Polygon CDK sovereign L2 scaling. The guide was shared on the official X/Twitter channel of Polygon. The tweet stated how the Polygon Chain Development Kit allows developers to design and release Zk L2s on Ethereum. Now, Polygon is trying to make its CDK-deployed chains unified and interoperable in a ZK-powered Polygon ecosystem. Currently, it is easy for anyone to discover, create, and share data on the internet without taking internet capacity into account. However, capacity can be increased by adding more servers as new users come online. Thus, the internet is scalable…