Author: NBTC
Recent reports revealed a subsequent decline in the Japanese Yen, keeping investors anxious. While the Yen dropped to a multi-year low, SBI CEO Yoshitaka Kitao’s previous statement on the potential of XRP once again gained traction. A crypto enthusiast, known on X as Amelie shared an X post reflecting Kitao’s preference for Ripple’s XRP. While Amelie shared insights on the recent downfall of the Yen, she stated that it could be compensated with the establishment of an XRP payment system in Japan. She added, “We need to totally update the system!” The Japanese yen 💴 is experiencing almost a complete…
Founder and former chief executive of MicroStrategy, grand Bitcoiner Michael Saylor, has taken to the X social media network to send his numerous followers a new BTC-related message. This message provoked a mixed reaction from the cryptocurrency community. Saylor’s new “divine” Bitcoin message and Mandalorian post Michael Saylor published an AI-generated image of BTC, giving it a caption that goes: “Bitcoin is Divine.” The Bitcoin community eagerly responded to that message. Prominent crypto YouTuber Lark Davis stated: “There’s nothing like Bitcoin.” The official account of the Kraken exchange pointed out that this time Saylor has come dangerously close to talking…
Ethereum remains resilient but struggles to surpass $3,800, hinting at a potential rally. A surge in trading volume and positive technical indicators boost market optimism. Analysts are cautiously optimistic about Ethereum’s potential to reach $4,000, supported by forecasts and bullish sentiment. Ethereum (ETH) is gradually shaking off the bearish pressures, though its ascent beyond the $3,800 mark remains elusive. Market observers note a steady climb, yet the digital currency seems to hover around the $3,600 threshold following a necessary correction. This seesawing in price dynamics suggests an underlying strength, signaling a potential rally on the horizon. Meanwhile, recent trading activity…
The RWA tokenization protocol Blocksquare revealed today that $100 million worth of tokenized assets had been tokenized. This announcement coincides with the launch of Blocksquare’s launchpad, Oceanpoint v0.5. The noteworthy accomplishment of tokenizing $100 million in real estate assets on its platform features 118 distinct properties, ranging from apartments to restaurants, parking lots, hotels, and medical facilities spread across more than 21 nations. As shown by the first notarization of a tokenized real estate transaction on the EU land registry, Blocksquare’s success may be attributed to its legal framework. With this accomplishment, secure on-chain activities are made possible, establishing a…
The number of tokens exceeds 14,000, and the crypto market cap stands at $2.4 trillion, but more may not always be merrier. Forbes has identified a group of 20 cryptos, dubbed “zombie blockchains,” that maintain high market valuations despite showing little to no real-world utility or user adoption. The list includes well-known names such as Ripple (XRP), Cardano (ADA), Litecoin (LTC), Bitcoin Cash (BCH), and Ethereum Classic (ETC), all of which are characterized by their continued operation and trading without fulfilling practical purposes. The term “zombie blockchains” refers to blockchain projects that, like the undead, exist but do not exhibit…
In mid-April of this year, Bitcoin will undergo its most recent halving event, meaning a 50% reduction in rewards for miners. Generally speaking, this event is seen as bullish for bitcoin, and the halvings of the past have all been followed by significant gains in the price of bitcoin. Of course, this comes at the immediate cost of revenue for those mining the asset. Bob Bodily is the Provo, Utah-based CEO and Co-Founder of Bioniq, a BTC Ordinals marketplace. This op-ed is part of CoinDesk’s “Future of Bitcoin,” package published to coincide with the Halving in April 2024. This time…
The price of Ethereum (ETH) is in an uptrend, reaching a high of $3,944 before retreating on May 21. Price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bullish The largest altcoin has pulled back below the $3,900 resistance level. Ether has been fluctuating below its recent high for four days, ending its uptrend. The doji candlestick indicates hesitation between buyers and sellers regarding market trends. On the upside, the price indicator predicts a possible rise and reversal at the high of the 1.272 Fibonacci extension or at $4,225.66. On the other hand, if Ether fails at the $3,900…
Analysts from H.C. Wainright claim that Riot’s acquisition of Bitfarms will face rejection due to Bitfarm’s board disapproval and insufficient premiums. Citing Bitfarm’s board rejection of Riot’s initial offer and the fact the proposed premium is insufficient to attract shareholder approval, analysts at H.C. Wainwright did not give a high probability of success to Riot’s acquisition of Bitfarms. “The premium is not high enough to compel Bitfarm shareholders to agree to the deal given the deep valuation discount at which shares currently trade, in our view,” the lead analyst Mike Colonnese wrote in a research note. “We also note that…
FlokiFi Locker secures $18 million worth of ATS tokens, showcasing trust. Alltoscan’s lock highlights confidence in FlokiFi’s security and reliability. Floki ecosystem strengthens with growing adoption of FlokiFi Locker. In a groundbreaking move, FlokiFi Locker has emerged as a leading digital asset locker, boasting a total value locked (TVL) of $135 million. Developed by Floki, this cutting-edge protocol offers users a secure platform to lock LP tokens, fungible tokens, and NFTs, revolutionizing the crypto industry. HIGHLIGHT: ALLTOSCAN AND FLOKIFI LOCKERWith the total value locked currently at $135 million, #FlokiFi Locker stands out as the most innovative digital asset locker, built…
Explore the significance of Bitcoin Pizza Day, marking the first documented Bitcoin transaction for physicalgoods, and its impact on the crypto world. Every year, the crypto community celebrates a Bitcoin Pizza Day, a key event in the history of cryptocurrencies. But when is Bitcoin Pizza Day exactly, and why is it significant to the crypto community? The day falls on May 22, and it’s the date when in 2010, Laszlo Hanyecz, a programmer and early Bitcoin (BTC) miner, made a transaction that would be remembered as the first documented use of Bitcoin to buy something tangible. What did Hanyecz buy?…