Author: NBTC
Between March 1 and March 3, 2024, in the picturesque setting of Madeira, Portugal, the Bitcoin community gathered for the Bitcoin Atlantis 2024 conference. Among the distinguished speakers, Jack Mallers, CEO of Strike, stood out with his compelling insights on the transformative potential of Bitcoin in the current financial landscape. His speech, rich with conviction and foresight, shed light on the critical issues facing traditional banking and how Bitcoin presents a viable solution for financial sovereignty. Jack Mallers is a young entrepreneur deeply focused on Bitcoin and the Lightning Network. He’s the founder and CEO of Strike, a financial app…
Forbes featured remarks from Gracy Chen, the Managing Director of Bitget, who hinted at the fundamentals that will stir the growth of Cardano (ADA) in 2024. Speaking in an exclusive interview with Forbes Advisor, Chen highlighted the importance of Cardano in the broader digital currency ecosystem as a hub with active developers. Chen acknowledged the growth of unique aspects of Cardano as an ecosystem including staking. She noted how these aspects can help trigger a long-term breakout for ADA. As part of her accolade for Cardano, Chen noted that as of January 24, the blockchain boasts “135 projects launched and…
In the midst of Egypt’s economic turmoil, Bitcoin ETF issuer Bitwise’s CEO Hunter Horsley emphasized the role of Bitcoin (BTC) as a potential hedge against such crises. Whilst, Egypt secured an expanded $8 billion deal with the International Monetary Fund (IMF) and additional funding for environmental sustainability. Moreover, the nation aims to stabilize its economy amidst ongoing challenges. Bitwise CEO Spotlights Bitcoin’s Importance The move comes as the Egyptian pound weakened beyond previous records, plummeting to over 50 pounds to the U.S. dollar. This represents a stark contrast from its previous level of about 30.85 pounds. The decision to unshackle…
While the mem token craze continues among investors, Solana (SOL)-based mem tokens in particular attract great attention. At this point, while mem tokens such as WIF and BONK are attracting attention, as the US presidential elections approach, mem tokens themed around presidential candidates Donald Trump and Joe Biden are coming to the market. At this point, Biden-themed BODEN mem token joined the mem tokens based on celebrities and politicians printed in Solana. According to data, a meme token named BODEN, based on US President Joe Biden, increased by 830% in a short period of six hours, with daily volume reaching…
Bitcoin is teasing the cryptocurrency community with its dance near the all-time high, having recently rebounded above $67,600. This movement places BTC tantalizingly close, a mere 2.4% away, from the $69,200 all-time high it hit just yesterday. As trader sentiment tilts toward the bullish side, the possibility of surging past the $70,000 mark is becoming more pronounced. Bitcoin’s rapid recovery from any setbacks and its resilience near the all-time high is a strong bullish indicator. Support levels have risen correspondingly, with the psychological barrier of $65,000 now serving as a robust foundation for further ascents. Should BTC successfully establish itself…
The meme coin Dogwifhat (WIF) has skyrocketed, surging over 100% from a mere $1 to over $2 in just 12 hours. This surge pushed it to all-time highs. Now, its market capitalization exceeds $2 billion three months after its launch. Crypto Whales Buy The WIF Dip Crypto whales quickly noticed the price dip, seizing the opportunity to accumulate WIF at low prices. Notably, the on-chain analytics platform Lookonchain highlighted significant purchases by these investors. One crypto whale, with the wallet address 87Hnwj, spent $5 million for 2.97 million WIF at an average of $1.69. Another wallet – GjRacG, invested $1.93…
Singapore – Oobit, a leading mobile payment app, has partnered with VeChain to integrate VET (VeChain Token) into its platform, marking a significant leap toward advancing the adoption of cryptocurrencies for sustainable everyday payments.—The collaboration aligns with VeChain’s commitment to environmental, social, and governance (ESG) initiatives, envisioning a future where blockchain and digital assets drive sustainable practices across industries.With 72.7 billion out of 85.9 billion VET in circulation, the integration of VET into Oobit’s Tap & Pay feature enables users to utilize it for everyday transactions and contribute directly to VeChain’s ESG aspirations. Users engaging with sustainability-focused dApps through VeBetterDAO…
The price of Bitcoin has skyrocketed in different regions, some of which face daunting fiat currency devaluation. Turkey, whose BTC prices were 1.3% higher than global spot prices in July, saw its inflation rise to almost 70% in January, while Bitcoin’s price in South Korea is up an astonishing 10.23%. On March 6, exchange rates for fiat currencies in Egypt and Turkey fell as central banks tried to contain inflation, while South Korean crypto traders benefited from strict forex controls. How the Lira’s Decline Drove Crypto Adoption Turkish inflation rose to 67.07% in January, dashing hopes of a pause in…
Sui’s blockchain architecture is designed for scalability, which is essential for supporting the rapid growth of DeFi platforms. The team behind Solend, a top lending platform on the Solana blockchain, announced today the launch of their new DeFi lending and borrowing protocol powered by the Sui blockchain. Named “Suilend,” the new project is built using the Move programming language, capitalizing on Sui’s high performance and advanced tooling capabilities. @SuilendProtocol is now live on Sui! The @solendprotocol team went from “building a cathedral with chisels and hammers” to building “rocket ships” on Sui with #Move. Give them a warm welcome and…
According to a tweet published by Bitgrow Lab founder @Vivek4real_, an anonymous crypto whale has transferred a mammoth-sized amount of Bitcoin – 23,785 BTC worth a whopping $1.58 billion in fiat. Someone just moved 23,785 #Bitcoin worth $1.5 billion 👀 pic.twitter.com/CEDkkLQ8ov — Vivek⚡️ (@Vivek4real_) March 7, 2024 Cryptocurrency transactions are usually made much quicker than via a traditional bank and reach the destination wallet in less than an hour unless there are technical difficulties with validation. Besides, they fees charged for them are usually tiny unlike with banks. Transferring 1.5 billion dollars via a bank would take several days and…