Author: NBTC
Anthony Scaramucci continues to promote the widespread adoption of Bitcoin, emphasizing that investors who are patient would be well rewarded. With Bitcoin (BTC) edging close to sealing a position above its all-time high (ATH), Anthony Scaramucci, the founder of SkyBridge and former White House Director of Communication, has made fresh declarations regarding the top asset. Patient Investors Will Be Rewarded In a recent episode of CNBC’s Last Call business show, Scaramucci speculated that Bitcoin would reward patient investors in the long run. “We have 5% adoption of #Bitcoin globally,” says @Scaramucci. “If you stay patient with $BTC and you have…
With the highly anticipated Ethereum Dencun upgrade set to launch in 2 days, the cryptocurrency community eagerly awaits the potential changes in gas costs and the overall landscape of Layer 2 (L2) platforms. Ethereum Dencun Upgrade and Projected Stability Push In a post on X shared by IntoTheBlock, except for Ethereum, the remaining three L2 are expected to experience a significant decline in gas costs following their Dencun Upgrade launch. According to the projections, Ethereum’s projected gas cost might remain unchanged at $18.75 after the upgrade, providing stability for users and developers on the Ethereum network. However, the impact on…
During February 2024, the positive performance of VanEck Crypto & Blockchain Innovators UCITS ETF stands out, establishing itself as the best ETF of the period. On the contrary, the Sprott Uranium Miners UCITS ETF Accumulating has the least favorable performance, positioning itself as the worst. Let’s see all the details below. VanEck Crypto & Blockchain Innovators UCITS ETF with the best performance The top performing ETFs of February 2024 February disappointments: ETFs with the worst performance VanEck Crypto & Blockchain Innovators UCITS ETF with the best performance As anticipated, in the month of February 2024, two ETFs belonging to the…
Will Wormhole be one of biggest airdrops in crypto history? Wormhole might just be gearing up for one of the biggest airdrops in history. Wormhole is currently trading at around $2.5 in pre-market over the counter (OTC) trades. According to the protocol’s tokenomics paper, there are 1.1 billion W tokens available for immediate trading on listing. At today’s price, that means the airdrop will unlock a heady $2.7 billion in wealth, making it the third largest airdrop in crypto history, according to figures at CoinGecko. But if you’re scanning lines of copy looking for a release date, you won’t find…
Mar. 12th, Panama – On March 11, 2024, Gate.io, a global leader in digital asset trading, released its latest proof of reserve report. The report reveals that Gate.io’s reserve ratio in March reached 115.49%, with the total reserves surpassing $6 billion, a 40.33% increase from January. Additionally, the extra reserves experienced steady growth, reaching a record high of $820 million, an increase of 40.50%. Gate.io March 2024 Reserve Fund Data Details: Total Reserve Value: $6,124,168,811 Extra Reserves: $821,492,191 Total Reserve Ratio: 115.49% This data indicates that in the past 60 days, Gate.io has seen strong growth in its proof of…
On perhaps the first spring day of the year in Washington D.C, after spending three years in federal holding, on Tuesday Russian-Swedish national Roman Sterlingov was convicted of four charges related to running the no-longer operational bitcoin (BTC) mixing service Bitcoin Fog. Sentencing is set for July 15, and he faces decades in prison for crimes related to money laundering and unregistered money transmitting. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. Tor Ekeland, a known entity when…
The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios. JUST IN: 🇺🇸 Arizona State Senate is considering adding #Bitcoin ETFs to its state retirement portfolios. pic.twitter.com/5t6v3Z5UuU — Bitcoin Magazine (@BitcoinMagazine) March 6, 2024 On February 22, the bill passed the Senate’s Third Reading in a 16-13 vote, and is now being reviewed by the House for the second time. The proposal emphasizes the importance of monitoring developments in Bitcoin ETFs, while also urging ASRS…
The Tensor Foundation has announced plans to issue a governance token under the ticker symbol TNSR. Owners of the crypto asset will have the right to determine the further development of the Tensor NFT marketplace, its representatives said. In a post on X (formerly Twitter), the Tensor Foundation said more details about the token issue would be coming “soon.” It is not specified whether there will be an airdrop. The marketplace is built on the Solana blockchain, and its main competitor is the Magic Eden platform. The Tensor team claims to have sold $2 billion worth of non-fungible tokens through…
Ethereum’s Dencun upgrade introduces protodanksharding, reducing gas fees on layer two networks. Polygon, Arbitrum, and Optimism stand to benefit directly from the upgrade. Analysts anticipate Ethereum’s outperformance relative to Bitcoin in 2024, driven by the Dencun upgrade. Ethereum’s imminent Dencun upgrade has ignited excitement within the cryptocurrency community, heralded as a pivotal moment akin to the Merge. Unlike previous updates, Dencun is poised to reshape Ethereum’s landscape significantly. Central to the upgrade is the introduction of EIP 4844, dubbed protodanksharding, promising reduced gas fees on Ethereum’s layer two networks. This innovation facilitates transactions through “blobs,” optimizing data storage efficiency and…
In what comes as a noteworthy setback for AMD rival NVIDIA, an AI chip manufacturing firm, the organization appears to be facing legal heat orbiting copyright infringement issues concerning its AI NeMo development. As per reports surfacing across the global AI industry landscape, three authors recently took to a San Francisco federal court NVIDIA’s illegal use of these authors’ books, among many others’ books used to develop the generative AI model NeMo. Amid the proposed class action filed, as mentioned above, NVIDIA’s share saw a notable dip following the news’ surfacing across the industry. Meanwhile, as NVIDIA emerged as a…