Author: NBTC
Tim Draper, founder of Draper Associates and Billionaire venture capitalist, recently shared his thoughts on Bitcoin and the flagship crypto token’s potential to revolutionize the global economy. Specifically, Draper highlighted how BTC could replace the Dollar and other fiat currencies soon enough. BTC To Replace The US Dollar Draper mentioned during an interview on Bloomberg that the time is coming when people “won’t want the Dollars” anymore. He believes this would happen as a result of everyone having a preference for the flagship crypto token. When that happens, the billionaire says that he will be able to his “food, clothing,…
As the Bitcoin price is targeting 2022 highs in the wake of the 2024 halving, the crypto market seems to be as bullish as one can get. One major factor was the SEC’s approval of spot Bitcoin ETFs in January. While initial skepticism prevailed among investors and traders, both within and outside the crypto realm, the landscape has since evolved. Here’s a breakdown of the Bitcoin ETFs so far as well as key lessons we could learn from the world’s largest asset manager’s strategy. Not great start, but have patience The decision from the SEC had been strongly anticipated for…
Serum City, a city-building game that utilizes NFT assets from Yuga Labs’ Mutant Ape Yacht Club and other collections, is now available to play. However, you’ll need an access pass, and only certain NFT project holders can claim one for now. Novel Labs and Faraway have launched the game, which was first revealed last April, with the first season of gameplay available to Serum City NFT pass holders. People who own NFTs from the Mutant Hounds, Mutant Cartel Oath, Bored Ape Yacht Club, and Mutant Ape Yacht Club collections can now claim and mint an access pass. The mint is…
All eyes have been on Bitcoin this week as the asset surged to a two-year high of $50,000. Ethereum has been lagging behind so far, but there are several narratives based on fundamentals that suggest it could outperform during this bull market cycle. Ethereum has been the sleeping tiger in this year’s crypto rally. It hit a 21-month high of $2,700 on January 12 but has failed to break resistance there this week. Ethereum Fundamentals Never Better Ethereum’s ‘big brother’ Bitcoin has powered to a two-year high in the meantime. Nevertheless, these narratives indicate that it is only a matter…
Argentina, the nation which recently elected self-described “anarcho-capitalist” Javier Milei as president, has the largest purchases and holdings of stablecoins in Latin America over the past six months, according to a report by Mexican-founded crypto exchange Bitso. Dealing with a severe economic crisis and plunging peso, 60% of Argentine crypto purchases on Bitso were for dollar-based stablecoins USDT and USDC and just 13% of buys were for bitcoin. This compares to Colombia, Brazil and Mexico, where stablecoin purchases ranged between 31% and 40% of total crypto buys. Argentines were responding to current “political and economic context, which has promoted the…
Avalanche recently announced about bringing the Durango Upgrade to the EVM. The production code [email protected] was shared via an official post. Ava Labs will activate the upgrade on the mainnet at 11 a.m. on March 6 if it gets sufficient stake support. The network has suggested validators upgrade their nodes before activation. Avalanche undertook its AWM (Avalanche Warp Messaging) journey back in December 2022. The network then proposed activating AWM on the Subnet-EVM and C-Chain. The ACP can bring native cross-chain interaction to different EVM chains within the Avalanche ecosystem. It will also establish a standard for future VMs to…
Founder of Cardano and a co-founder of Ethereum in the past, mathematician Charles Hoskinson has strengthened the overall Cardano (ADA) bullish sentiment with a recent tweet of his. Hoskinson’s proud Cardano tweet Hoskinson responded to a tweet by a Cardano enthusiast about the expected increase of the Cardano Treasury. X user and Cardano enthusiast @StakeWithPride published a post, stating that he expects the Cardano Treasury to increase to the $4.5 billion fiat equivalent next time ADA reaches the $3 high. The last time ADA reached this all-time high was end of August 2021, and back then the Treasury comprised approximately…
The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin exchange-traded funds (ETFs) as key factors driving his bullish prediction for the cryptocurrency’s price. The financial advisor believes that bitcoin “is a real asset class” that will have “a lot of value.” ‘Bitcoin Right Now Is Priced for a Serious Rally’ David Stryzewski, an investment advisor representative and the CEO of Sound Planning Group, explained on the Schwab Network Thursday why he believes the…
One of the world’s top 5 centralized cryptocurrency exchanges, KuCoin, has disclosed the listing of De.Fi (DEFI), a Web3 project focused on SocialFi and antivirus. KuCoin made the announcement on its official X handle, saying it would enable the trade of DEFI on its spot trading platform. 
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New Listing@DeFi $DEFI Gets Listed on #KuCoin! 
Pair: DEFI/USDTDeposit: now open (network: ERC20)Trading: January 31, 2024 — KuCoin (@kucoincom) January 26, 2024 According to the blog post, KuCoin has shown full-blown support for the project by kickstarting an immediate deposit process for DEFI. With this, users can send their tokens to…
Activision Blizzard’s high-profile Overwatch League franchise competition collapsed late last year after pandemic-related setbacks and teams’ economic struggles cut short its ambitions. Now, a new Overwatch competitive league is spinning up around popular hero shooter Overwatch 2—but it’s taking an anti-crypto stance. The Overwatch Champions Series, a more open competitive format overseen by prominent esports tournament operator ESL FACEIT Group, was revealed last week. On Wednesday, the league revealed its official rulebook, which put some restrictions on team sponsors. Teams competing in the official new Overwatch esports league cannot have sponsors that are associated with “cryptocurrencies and cryptocurrency exchanges,” as…