Author: NBTC

Robert Kiyosaki, author of best-selling motivational literature “Rich Dad, Poor Dad,” continues to advocate Bitcoin (BTC) as an important part of a diversified financial strategy. In a latest post, Kiyosaki outlined the importance of preparing for economic uncertainty by investing in assets outside the traditional financial system. Kiyosaki’s insights draw attention to the different nature of panics in capital markets versus those in banking. According to him, while market crashes in stocks, bonds, or real estate are obvious to most, banking crises can occur without public awareness. This hidden risk is only partially mitigated by FDIC insurance, which covers deposits…

Ethereum faces a 26% monthly decline, raising recovery concerns. Gas fees hit a five-year low, signaling a potential price bottom. Ethereum has had a tough month, witnessing a 26% decline over the past 30 days, with its price dipping below the $2,111 range. Currently, the second-largest cryptocurrency is trading at $2,579, reflecting a 3% decline, and its trading volume is down by 2%. Despite this downturn, whale activity and network movements have gained momentum. A significant shift is occurring within the Ethereum ecosystem as gas fees plummet to their lowest levels in years. Industry experts suggest that the dramatic reduction…

Institutional investors continue to remain bullish about digital assets, embracing instruments beyond holding crypto like staking and derivatives. Even though they are bullish, challenges to further adoption remain on the horizon. Institutional investors are set to increase digital asset allocations in their portfolio to 7% by 2027, with the market for tokenized assets projected to surpass $10 trillion by 2030, signaling significant growth in the sector, but challenges remain on the horizon according to a new report on the topic from The Economist commissioned by crypto exchange OKX. Currently, asset managers allocate between 1%-5% of their assets under management (AUM)…

DEX Screener launched Moonshot last week as a direct rival to Solana meme coin factory Pump.fun. Both platforms aim to offer an easy way to launch crypto tokens. Although broadly similar, both platforms have their own unique perks and quirks that may see users lean towards one platform or another. Pump.fun launched at the beginning of the year, soon it was used to create huge tokens like Michi, Billy, and a slew of celebrity meme coins from the likes of Caitlyn Jenner and Jason Derulo. It’s also been the starting point for a wide array of political meme tokens inspired…

The third edition of NostrWorld’s unconference series took place last week in the picturesque city of Riga, Latvia, bringing together advocates and developers of the Nostr protocol. Spearheaded by Block CEO and Twitter co-founder Jack Dorsey, NostrWorld’s free gatherings are a platform for open-source enthusiasts to exchange ideas, foster collaboration, and ignite initiatives aimed at shaping a freer, more decentralized version of the internet. Bitcoin Magazine was on the ground in Riga to explore how the evolution of the Nostr protocol could influence Bitcoin’s trajectory. While Nostr’s budding community has famously attracted prominent Bitcoin advocates, Nostriga—as this third NostrWorld conference…

As always in the crypto market, fear and greed rule the minds of its participants. Thus, in the course of various discussions on the future of Bitcoin (BTC), a theory has emerged that suggests that the asset may fall hard in the short term as the markets face a “black swan.” According to the theory, since Bitcoin is a highly liquid asset, it will initially sell off sharply as investors liquidate their positions to cover losses on other leveraged bets. This will be a tough time for bulls and holders of long leveraged positions, but it will also lead to…

BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers to reach this milestone. Ethereum ETFs as a whole have seen cumulative net outflows of over $440 million, underperforming compared to bitcoin ETFs, with BlackRock’s bitcoin fund even ranking among the top five ETFs for 2024 inflows. BlackRock’s iShares Ethereum Trust (ETHA), its spot ether exchange-traded fund (ETF), on Tuesday became the first among a cohort of 11 issuers to cross the landmark $1 billion in net inflows, data shows. ETHA holds over $860 million in net assets, surpassed only…

The Bank of America is undoubtedly one of the strongest banks in the United States of America. It enjoys the backing of several powerful figures. Even Warren Buffett has shares in this bank. The latest from the market about this bank’s stocks sounds unbelievable. Has Warren Buffett really reduced his investment’s exposure to the stocks of the Bank of America? Let’s check what is happening! Warren Buffett’s Bank of America Sell-Off As per the latest report, the investor giant has sold at least $982 million worth of Bank of America. Is the latest an isolated incident? It does not appear…

5% of ASTR’s total supply will be burned following a governance vote, an additional 70 million tokens will be transferred to the community treasury. Token burns are often seen as a bullish event. ASTR is up by more than 7% over the past 24-hours. Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens, 5% of its total supply after a governance vote. The tokens were originally allocated for Polkadot parachain auctions, a product which has since been shelved by Polakdot. The 350 million tokens yielded 70 million ASTR in rewards, which will now be transferred to the…

Blockchain-based ticketing platform Tixbase has announced an exclusive partnership with Turkish event ticketing firm Passo, bringing their ticketing to the Avalanche blockchain. According to a news release on Aug. 29, the 5-year partnership is the largest deal a blockchain ticketing company has sealed so far. Tixbase and Passo will leverage the Avalanche (AVAX) network to to tackle prevalent issues in the ticketing industry, such as security, transparency, and user experience. Avalanche’s blockchain technology will also enable the companies to monitor and regulate secondary market sales while also addressing concerns like counterfeits, scalping, and inflated prices. Why is this big? Passo,…