Author: NBTC
In a recent post on x, Filecoin announced that their network upgrade has been completed. The post read, “We’re thrilled to announce that the Filecoin network upgrade has been completed! Version 22 Dragon is live and running smoothly. Thank you to all node operators for your cooperation and support during this process.” This groundbreaking upgrade, the culmination of months of research and development efforts, is poised to unlock new possibilities for Filecoin users and miners, cementing its position as a leading force in the decentralized storage ecosystem. The nv22 Dragon Upgrade introduces various innovative features and enhancements designed to address…
Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has endorsed the uber-bullish price prediction made by Ark Invest founder Cathie Wood in a recent post on the X social media network. Ark forecasted that the price of the largest cryptocurrency could skyrocket to $2.3 million in its annual “Big Ideas” research report. The famous investment management firm estimated that the value of the global investment base is roughly $250 trillion. The flagship cryptocurrency would need a 19.4% allocation in order to be able to reach the aforementioned price target. As reported by U.Today, Wood recently upped the ante by…
China’s regulators have asked Tencent Holdings to lower the mobile payment market share of WeChat just a few weeks after Beijing started the digital yuan pilot in Hong Kong. Tencent Holdings is reportedly under pressure from Chinese regulators as Beijing is asking the tech giant to reduce the mobile payment market share of its WeChat app, Nikkei reports, citing three sources familiar with the matter. The request is understood to primarily target the market share for in-person payments made via QR codes rather than online shopping. Although the precise numerical targets for WeChat Pay’s market share reduction remain unspecified, a…
Tether, the top stablecoin issuer, has recently announced significant job postings for eligible tech personnel. Paolo Ardoino, the chief executive officer of Tether, disclosed the news, saying that the company requires artificial intelligence experts to enhance privacy. On his official account on X, the executive revealed the platform’s attention to local models concerning privacy. Tether is hiring AI experts to form an highly funded team and focus on local privacy preserving models.And with our access to thousands of GPUs, we can make the difference.Unstoppable TogETHER.https://t.co/iGu2UPPN99 pic.twitter.com/kxHkcxwxxR — Paolo Ardoino 🍐 (@paoloardoino) April 25, 2024 Tether Invites AI Tech Experts to…
Cryptocurrency analyst and trader Kevin Svenson is expressing bullish sentiment on Bitcoin (BTC) ahead of the halvening. Svenson tells his 75,000 YouTube subscribers that the Relative Strength Index (RSI) indicator is confirming the end of a bearish trend for Bitcoin on the daily chart. The RSI indicator is a momentum oscillator whose values range from 0 to 100 and is primarily used to determine oversold or overbought conditions in the market. “The daily RSI is now showing a breakout. We have broken the downtrend as well. So this RSI downtrend line breakout lines up with our resistance trend line breakout.…
South Korea’s virtual asset industry is poised for significant growth, said Cho Jin-seok, the CEO of CODA, at the recent Bitcoin Seoul 2024 event. Cho believes 2024 will be a pivotal year, fueled by factors like the strengthening of Bitcoin’s position and potential regulatory shifts. While acknowledging the current challenges caused by strict regulations, Cho pointed to positive signals like the global trend towards Bitcoin spot ETFs and a more favorable U.S. political climate. He expressed hope that the implementation of the Virtual Asset User Protection Act in July will lead to a more streamlined and investor-friendly environment. Cho emphasized…
Garanti BBVA’s subsidiary, Garanti BBVA Digital Assets, is preparing to improve the crypto wallet and trading experience by supporting the Avalanche c-chain and AVAX coin for investors in Turkey. Garanti BBVA Digital Assets offers its clients reliable crypto solutions through the Garanti BBVA mobile crypto platform. Initially providing services for Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC), the platform facilitated the transfer, storage, exchange and trading of these assets in a simple and secure manner. In response to the dynamic crypto environment and growing demand from Garanti users, BBVA is preparing to diversify its offerings. As part of its…
The global adoption of cryptocurrencies has reached a new milestone in 2024, with a report by Triple-A revealing a surge to 562 million owners — a 34% increase from 2023. This impressive growth signifies the expanding reach of digital currencies, now owned by approximately 6.8% of the global population. Global Trends in Cryptocurrency Adoption Asia leads the surge with a 21.8% increase in ownership, rising from 268.2 million to 326.8 million. North America follows with a 38.6% rise, from 52.1 million to 72.2 million. South America experienced the most dramatic growth, with ownership soaring by 116.5%, from 25.5 million to…
Chainlink marked a major milestone in blockchain interoperability with the release of the Cross-Chain Interoperability Protocol (CCIP), which now supports a wider range of blockchains. According to a press release, Chainlink has expanded the scope of CCIP to include nine prominent blockchains. These are Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Kroma, Optimism, Polygon and WEMIX. The general availability of the protocol allows developers to transfer tokens and send messages to smart contracts on different blockchains. It also allows developers to perform programmable token transfers. Consequently, these capabilities facilitate the seamless exchange of data and value. This enhancement significantly improves the…
The Bitcoin (BTC) price gained bullish momentum again, surpassing the $70,000 mark, while whale activity around the asset declined. BTC is up by 2.2% and is trading at around $71,000 at the time of writing. The flagship asset’s market cap is getting close to the $1.4 trillion mark — currently sitting at $1.398 trillion. BTC price, whale activity, RSI and active addresses – April 11 | Source: Santiment Moreover, Bitcoin’s daily trading volume increased by 5% and is hovering around $37.5 billion at the reporting time. You might also like: US senators to unveil bipartisan stablecoin legislation The upward momentum…