Author: NBTC

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,…

Sixteen years ago today, pseudonymous Bitcoin creator Satoshi Nakamoto took a pivotal step in the development of what would become the world’s first decentralized cryptocurrency — Bitcoin. According to Bitcoin historian Pete Rizzo, Aug. 18, 2008, stands as a landmark moment in the history of Bitcoin. On this day, Satoshi registered the domain Bitcoin.org, marking the beginning of a financial revolution across the globe. “16 years ago today, Satoshi Nakamoto registered the 1st Bitcoin website. Ever since, bitcoin. org has hosted his free code, a beacon of financial freedom to millions around the globe,” Pete Rizzo wrote in a tweet.…

This cycle can hardly be called favorable for those bullish on the major altcoin on the crypto market, Ethereum (ETH). Despite progress such as the approval and launch of several Ethereum ETFs, the price of ETH and its performance against major competitors like Bitcoin and Solana has been rather disappointing. At the end of the eighth month of the year, the price of the altcoin is below $2,600, which is only 14% higher than where it started the year. This would have been a lot for traditional financial markets but is considered nothing in crypto – especially when SOL has…

H.E. Justin Sun, the founder of TRON, has outlined a comprehensive strategic roadmap designed to strengthen TRON (TRX) amidst a volatile crypto asset market. Sun’s key objectives include integrating stablecoin payments, expanding the TRON team with top talent, and leveraging memes to enhance TRON’s resilience and popularity. These initiatives aim to solidify TRON’s market position and maintain its leadership in blockchain innovation. My focus for the future work: establishing stablecoin payments, building a more outstanding team, and focusing on memes on #TRON. What do you think? — H.E. Justin Sun 孙宇晨 (@justinsuntron) July 2, 2024 While major cryptocurrencies like Bitcoin…

Alchemy has acquired Bware Labs, the Romania-based blockchain infrastructure platform and application programming interface services provider. Web3 infrastructure platform Alchemy disclosed the acquisition in an announcement on Aug. 29, highlighting Bware Labs’ growth trajectory and suite of blockchain infrastructure and API services as additions that will help Alchemy execute on its product roadmap. Path to expansion into Europe According to Alchemy, acquiring Romania-based Bware provides a path towards Alchemy’s expansion into Europe. The company’s presence in Europe, which leads in the overall regulation of crypto via its MiCA rules, also offers the pathway to entry into other markets. Europe is…