Author: NBTC

Bitcoin ETFs continued their strong performance on March 13, with a net inflow of $683.7 million, according to data from Bitmex Research. This marks another positive day for Bitcoin ETFs, following the surge in inflows seen on March 12. Per Bitmex Research ETF flow data, BlackRock’s iShares Bitcoin ETF (IBIT) again led the way, attracting $586.5 million in new investments. Fidelity’s FBTC fund also maintained its momentum, with inflows of $281.5 million. Other Newborn Nine ETFs that experienced significant inflows include Bitwise’s BITB fund ($5.6 million) and ARK Invest’s ARKB fund ($44.6 million). Franklin Templeton EZBC fund saw a strong…

Boxing legend Mike Tyson has partnered with the blockchain project for boxers Ready To Fight. According to a press release, the strategic alliance comes as Ready To Fight (RTF) prepares to list its own RTF token on four cryptocurrency exchanges. Tyson has joined the platform as a brand ambassador to “revolutionize the boxing ecosystem.” “In a significant endorsement of RTF’s mission to revolutionize the sport, boxing legend Mike Tyson has joined the platform as a brand ambassador. Tyson’s legendary status and global appeal are expected to significantly extend RTF’s reach, captivating and inspiring an international audience of boxing enthusiasts.” Ready…

Ethereum (ETH) is leaping beyond its primary role as the second-largest digital currency by market cap as it is outpacing some S&P 500 firms in a unique metric. According to an update from crypto analytics platform Token Terminal, Ethereum is currently ranked 16th in terms of buyback yield. According to the list shared by the platform, Ethereum outshines some big names on the list, including Elon Musk’s electric car manufacturing giant Tesla Inc and multinational banking giant JPMorgan Chase. This feat shows Ethereum goes beyond just its role as a smart contracts enabler; it also has what it takes to…

Shiba Inu backers, as reported by Shiba Inu on their social media X page, the golden moment has arrived when the meme currency is set to soar to new heights. Recently, a SHIB whale stunned the crypto community by acquiring the same asset and injecting a new wave of positive sentiment into the entire ecosystem. 🌕🌕🌕Time to fly high 🚀 $SHIB 🐕#shibaArmy — Shiba Inu (@ShibainuCoin) April 8, 2024 Whale Alert, the blockchain tracker, reported a jaw-dropping accumulation of 692.40 billion SHIB tokens, valued at a whopping $19.26 million, from Crypto.com. This massive acquisition by the whale couldn’t have come…

MONETARY DEBASEMENT Debasement refers to the action or process of reducing the quality or value of something. When talking about fiat currencies, debasement traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has evolved to mean the reduction in the value or purchasing power of a currency — such as when central banks increase the supply of money, in the process lowering the nominal value of each unit. UNDERSTANDING DEBASEMENT Before paper money and coins made of cheap…

With the Bitcoin halving only hours away, the race is on to mint the first tokens on the new Bitcoin Runes protocol set to launch alongside the quadrennial event. Runes is a new fungible token protocol on Bitcoin that will let users “etch” and mint tokens on top of the chain. It’s akin to the experimental BRC-20 standard launched last year, but is said to be more efficient—and comes from the inventor of the Ordinals protocol. In any case, as with the NFT-like Ordinals before it, project creators are keen on securing some of the earliest token mints possible. “Collectors…

Worldwide geopolitics has been making a great impact on the economic sector, especially the crypto sphere. Spot On Chain, a well-known on-chain analytics platform that operates on both mobile and the web, has recently disclosed a whale’s quickpurchase in this regard. According to the analytics provider, the whale took the respective action following noticing the recent attack of Israel on Iran. This whale acted fast on the news of #Israel’s attack on #Iran earlier today and spent 9.516M $USDT to buy 3,253 $ETH at ~$2,925 around the local bottom.Now, the whale is making $625K (+6.57%) in unrealized profit.Remember to stay…

Buildcore is the culmination of nearly 3 years of development by the team that brought you the Soonaverse, BUILD.5, and the “first” of many community based products on IOTA and Shimmer. We are proud to announce our next venture as we contribute to the collective mission of our industry to bring the next billion users on-chain. Buildcore Team and Advisory Board Our founders, contributors, and advisory board are made up of builders from the IOTA ecosystem, combined with professionals from some of the most recognized companies in the world. Founders: Adam Kundrat, Buildcore; Andrew Worden, Buildcore; Bolidizar Mezei, Buildcore; Michael…

In the crypto world, the emergence of new whales — individuals or entities holding significant amounts of digital assets — often captures the attention of investors and enthusiasts. Recently, the cryptocurrency market witnessed a notable event as a new Bitcoin whale was born through a substantial shift of 2,000 BTC, which Whale Alert detected. Crypto data tracker Whale Alert reports “2,000 BTC worth $145,652,356 being transferred from an unknown wallet to an unknown new wallet.” 🚨 🚨 🚨 🚨 🚨 🚨 2,000 #BTC (145,652,356 USD) transferred from unknown wallet to unknown new wallethttps://t.co/45V3TtoxqO — Whale Alert (@whale_alert) March 13, 2024…

Ethereum (ETH) price is one of the strongest altcoins in terms of resilience, holding well above $3,000 for several days. This would give ETH the necessary boost to initiate a recovery and push back to new local highs. Ethereum Investors Pine for the Rise Ethereum’s price witnessed considerable losses following broader market cues in the last couple of days. The altcoin has since been holding above the $3,000 mark, and investors seeing this are pushing for further increases in price. This is because a large chunk of the circulating supply is constrained within a 20% rally. According to the Global…