Author: NBTC
Squid has just lately made a big announcement: it’s now facilitating cross-chain performance inside Decentraland, a number one digital world ecosystem. Constructed on Axelar, Squid will allow cross-chain transactions for NFT purchases. When you choose to purchase an NFT with an alternate asset in your pockets from a Decentraland-compatible chain (like Ethereum or Polygon), Squid effectively processes your order behind the scenes. The transaction converts your chosen asset to $MANA after which finalizes your NFT acquisition inside roughly 20 seconds. A Strategic Transfer for Ecosystem Progress The primary goal behind this initiative is to reinforce interoperability and accessibility throughout Decentraland’s…
The market performance of Ethereum has been steadily rising since October, marking a positive and long-lasting trend. Increased buying activity has been the main driver of this positive momentum that has persisted over time, pushing the cryptocurrency beyond the vaunted $2,000 resistance mark and igniting a continuing rally. The value of Ethereum has sharply grown as a direct result of this increased demand and market optimism, with its sights set on breaking through the crucial resistance region at $2,300. This upward trend serves as another evidence of the increasing investor trust and general bullishness surrounding Ethereum, thereby solidifying its place…
Following a $20 million initial investment round led by its parent firm, Meanwhile Group, Meanwhile Advisors announces the opening of the first bitcoin private credit fund, Meanwhile BTC Private Credit Fund LP. Sam Altman presided over the contributors, which also included Lachy Groom and Gradient Ventures. Meanwhile Group has established Meanwhile Advisors as an affiliate investment manager. In order to entice institutional investors who are interested in Bitcoin’s potential growth, the private credit fund offers an extra, cautious yield denominated in Bitcoin. In the past, Meanwhile Group played a pivotal role in establishing the first and only insurance company entirely…
Bitcoin continues to maintain its bullish momentum even after some corrections following the breach above $44,000. Despite rising almost $15,000 in 30 days, the bullish sentiment has still not waned, especially among crypto analysts, who continue to expect more bullish strides from the cryptocurrency. Bitcoin Breaks Bullish Megaphone Pattern In a new analysis, crypto analyst TradingShot has referred to a peculiar pattern that the Bitcoin price has broken. According to the analyst, the crypto broke above a very bullish megaphone pattern, something that has been keeping the price muted for a while now. As TradingShot explains, this megaphone pattern is…
Flipkart, an e-commerce venture based in India, will be releasing an exclusive chain that has been developed with the utilization of the Polygon Chain Development Kit (CDK) to upgrade its FireDrops Web3 loyalty scheme. Hang’s loyalty platform powers FireDrops 2.0, enabling Flipkart users to obtain rewards and transforming user engagement with companies. Furthermore, FireDrops will implement gamification to foster customer loyalty towards the organization. FireDrops anticipates the addition of a loyalty layer in the near future, allowing customers with proper relationships with a brand to gain greater incentives. There will also be the element of consumers coming in for lower…
Amidst a week of significant volatility in the cryptocurrency sphere, the Bitcoin price has been a focal point, especially following a dip below $43,200 today. After climbing to $44,533 on Tuesday, the price has since entered an ascending channel, touching a local low of $42,835 on Thursday. This trend has sparked a critical debate: is this a sign of an impending major correction following Bitcoin’s 65% rise in the past seven weeks, or is it a temporary bear trap in a continuing bullish market? Adam Cochran, partner at CEHV, has offered an in-depth analysis of the current Bitcoin market situation.…
Bitcoin has witnessed a spectacular rally throughout 2023, achieving the 19-month peak of $44,444.84. The BTC price surge has resulted in speculation about the coin’s future trajectory, especially for the next five years. We have examined the factors that may influence Bitcoin’s price in the long run. Bullish Factors Among the bullish factors that may affect Bitcoin prices in the future, investors are speculating about interest rate cuts by the Fed and ECB in the first quarter of 2024 that could boost BTC prices. The US can potentially attract retail and institutional investors with the expected approval of Spot Bitcoin…
Casio Computer Co., Ltd has stepped into the metaverse with a brand new digital actuality innovation: ‘G-SHOCK THE RIDE.’ This VR attraction provides customers a singular alternative to nearly check out the toughness-testing course of that defines the enduring high quality of the G-SHOCK watches. G-SHOCK THE RIDE, obtainable on the social digital actuality platform, VRChat, provides a glance into the futuristic procedures that take a look at the sturdiness of those watches. Taking inspiration from the real-life checks carried out on the Hamura R&D Middle, the journey pushes the envelope, transcending the bounds of present testing strategies. Digital G-SHOCK…
A dormant Ethereum whale has resurfaced, moving their 39,260 ETH worth approximately $87.5 million. According to data from Lookonchain, this Ethereum whale with almost $90 million in ETH recently woke up and decided to move its mountain of digital assets to an exchange. Although it is unclear the motive behind this transfer, it appears to be to take profit on a 670% gain over the past five years. Ethereum Whale Moves 39,260 ETH To Crypto Exchange The crypto market has had another flurry of price increases in the past few days, with Coinmarketcap’s Fear & Greed Index now pointing to…
A crypto pundit and Bitcoin maximalist, Mark Harvey, has explained why he believes the foremost cryptocurrency Bitcoin, is far off from its true potential. According to him, the crypto token could be worth close to $17 million in the future. Why One Bitcoin Could Worth $17 Million In a post shared on his X (formerly Twitter) platform, Harvey made a strong case for Bitcoin on why it could on why a price even greater than $17 million is likely. He referred to Bitcoin’s use case as a store of value and how it could further chop into the market share…