Author: NBTC
Hedera (HBAR) and Internet Computer (ICP) Predicted to Skyrocket in 2024, Expert Analysis Reveals
The integration of artificial intelligence (AI) into various industries has been accelerating, significantly benefiting companies like NVIDIA and OpenAI. AI’s progression, along with the burgeoning Real-World Asset (RWA) market, suggests a potential for substantial growth, possibly reaching valuations in the trillions. Renowned crypto analyst, Kyren, highlights Hedera (HBAR) and Internet Computer (ICP) as promising altcoins to watch in 2024. Explore the potential future of AI and RWA integration in the crypto market, focusing on Hedera and Internet Computer as key players. AI Integration and the RWA Market: A Growth Paradigm Artificial intelligence continues to revolutionize multiple sectors, pushing companies like…
As is seen in the world of cryptocurrencies, change is not the exception but the rule. As reported by Phoenix, a source of news related to crypto, Binance, and Crypto.com has been at the forefront as far as weekly trading volume is concerned. TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Binance #Cryptocom #Bybit #HTX #Upbit #OKX #LBank #GateIo #MEXC pic.twitter.com/6n5KgGZUay — PHOENIX – Crypto News & Analytics (@pnxgrp) September 19, 2024 These centralized exchanges (CEXs) are leading and aligning with the market’s evolution and the confidence users have placed in them globally. Binance, the king of the exchanges, registered $37.2…
FED President Signaled Interest Rate Cut, Bitcoin Dropped! Bitfinex Analyst Announces What He Expects From Now!
The US Federal Reserve announced its highly anticipated interest rate decision yesterday. In line with expectations, the FED kept it constant in the range of 5.25-5.5, which is the peak of the last 23 years. Speaking after the interest rate decision, FED President Jerome Powell said that a rate cut may be on the table in September, although not directly. Powell stated that the FED is considering a possible interest rate cut in September and that they will evaluate inflation and economic data in the coming months before making an interest rate cut. While Powell’s speech was generally interpreted as…
The Bank of Japan (BoJ) left interest rates unchanged at 0.25% on Friday after August core consumer prices, which came just a few hours before the central bank’s meeting, rose 2.8% year-on-year, government data shows. The decision was widely expected amid ongoing concerns that rising prices could negatively affect consumer spending. The Japanese central bank is cautious about raising rates further, as it could dampen economic activity and hinder the demand-driven inflation that it seeks to foster. Following the BOJ’s recent rate hike to 0.25% in July, there has been increased volatility in both the stock and currency markets. The…
Cardano (ADA) is on the edge now, with numerous updates set to take place on-chain. As one of the most developed blockchain networks, Founder Charles Hoskinson is committed to boosting security. If the protocol maintains robust security, it can retain the community’s trust. The Charles Hoskinson Bug Bounty Taking to his official X account page, Charles Hoskinson challenged the community with $1 million. At the Rare Evo 2024 event, the Cardano Founder promised a $1 million bounty to anyone who could hack into Lace Paper Wallet. Lace Wallet is a product from Cardano’s parent company, Input Output Global. It is…
Flappy Bird is back! And it’s a Telegram crypto game—who’d have thought? The iconic mobile game took the world by storm in 2014, but went dark after its mysterious creator decided it was gaining too much attention. At its peak, Flappy Bird had attracted 50 million downloads, topped the charts in 100 countries, and was allegedly raking in $50,000 from ads every single day. When the game was removed, the world went nuts. Devices with the game still installed were offered for sale for upwards of $90,000 as people itched to guide the iconic cartoon bird safely through an obstacle…
Lightspark Targets Latam Expansion with Bitcoin Lightning Network Integration for Faster, Cheaper Transactions
Lightspark, a leading company focused on Bitcoin’s Lightning Network, aims to broaden its reach in Latin America. The startup provides infrastructure for companies to integrate Lightning Network services, enhancing bitcoin transaction efficiency. Plans involve reaching 250 million users next year through partnerships with entities like Coinbase and Bitso. Discover how Lightspark plans to revolutionize cross-border payments in Latin America by harnessing the power of Bitcoin’s Lightning Network. Lightspark’s Strategic Expansion into Latin America Lightspark, renowned for its expertise in Bitcoin’s Lightning Network, is strategically expanding its services to Latin America (Latam). The goal is to offer faster and cheaper bitcoin…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Many misunderstand crypto, thinking its anonymity hides them from the IRS. In reality, crypto income is taxable. Here’s a guide on how to pay in 2024. Table of Contents Understand taxable events Calculating gains and losses Federal vs. local taxation of cryptocurrencies Importance of reporting and keeping detailed records Crypto income is taxable; evading taxes can lead to serious trouble A lot of people still have misconceptions about the way cryptocurrency works. They’ve heard that cryptos provide anonymity, which…
ZkSync ($ZK) has emerged as the most searched cryptocurrency over the past week on Crypto Rank, despite a recent decline in its price, according to Phoenix, crypto media outlet. This surge in search interest highlights the growing curiosity and enthusiasm around ZkSync’s technological capabilities. Particularly, it has Layer 2 scaling solution designed to enhance Ethereum’s transaction speed and lower fees. TOP COIN SEARCHES IN THE LAST 7D ON #CRYPTORANK$ZK $STRK $IO $ZRO $DOGS $AEVO $W $ATH $SAGA $MANTA pic.twitter.com/fsuCYXCthz — PHOENIX – Crypto News & Analytics (@pnxgrp) August 17, 2024 Starknet Follows ZkSync in DeFi Search Popularity Following ZkSync, the…
Hamster Kombat, the game everyone can not stop talking about, has quite a dark, problematic side. The Telegram game is trending on X (formerly Twitter) for all the wrong reasons. The sentiment on X shows that Hamster Kombat players were played. One player on X cries, “Thanks, Hamster Kombat, for wasting my time.” So, what went wrong? Remember that “Cheating is Bad” card Hamster Kombat introduced? Well, that has scored many players out for being eligible for the airdrop scheduled for September 26th. Some players argue that they have been played from the word go. One player shares his shock…