Author: NBTC
The Solana-based crypto project, Jito (JTO), has appointed the new 17 delegates to its governance, including individuals from Coinbase Cloud, the Solana Foundation, and its own community. Jito Foundation has allocated 12 million JTO for the new 17 delegates as cumulative voting power. Jito: the crypto project announces 17 governance delegates including Coinbase Cloud, Solana Foundation, and others Jito: 12 million JTO allocated for governance delegates like Coinbase Cloud and Solana Foundation The public staking project and the price of JTO Jito: the crypto project announces 17 governance delegates including Coinbase Cloud, Solana Foundation, and others The liquid crypto staking…
Bitcoin, which exceeded $ 50,000 on Monday with the rise that started last week, experienced a moderate decline after the US inflation data announced yesterday. BTC, which fell to $ 48,300 in this decline, recovered again and rose to $ 49,000. While Bitcoin showed impressive resistance despite inflation being above expectations, inflation above expectations reduced expectations for an early interest rate cut. At this point, analysts evaluated its strong stance against US inflation data. Speaking to Bloomberg, market analyst Tony Sycamore from IG Australia Pty said that Bitcoin remains strong but may experience some withdrawal in the coming days: “Bitcoin…
Not long after the value of Bitcoin surpassed $62,000, its highest level since 2021, Coinbase had severe disruptions and issues on Wednesday afternoon, preventing some customers from signing in at all and causing some user accounts to reflect a $0 balance. Crypto aficionados were furious on social media because they are unable to access their money on the biggest cryptocurrency exchange in the United States. Furthermore frustrating, some customers have reported errors when buying and selling. The continuous demand for Bitcoin is seen as main the reason behind the sudden crash of the Coinbase app. The leading cryptocurrency had a 40% price increase…
Parallel, an NFT trading card game with assets minted across Ethereum and scaling network Base, will make its long-awaited move into open beta on Thursday, February 29, letting anyone jump in and start playing the competitive PC game. Previously available only in a closed beta, Parallel—GG’s pick for the best game of 2023—builds on the foundations of genre giants like Hearthstone and Magic: The Gathering, but with some fresh wrinkles and a distinctive space opera setting. Parallel’s developers announced the impending launch via a blog post on Wednesday, noting that a game update had been released with various gameplay tweaks…
Ethereum price extended losses and tested the $2,300 support. ETH is now attempting a recovery wave above the $2,340 level and might test $2,390. Ethereum started a fresh decline below the $2,420 and $2,400 levels. The price is trading below $2,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair attempt a fresh increase if it clears the $2,390 and $2,400 levels. Ethereum Price Revisits $2,300 Ethereum price struggled to start a fresh increase above the $2,550…
Crypto enthusiasts have been drawn to the allure of 20% stablecoin yields, a tempting proposition even after the crypto market’s tumultuous 2022 experience. This renewed interest revolves around a seemingly straightforward idea, creating a stablecoin that maintains a one-to-one peg with the US dollar while offering yields competitive with traditional markets. While traditional market terminology might appear out of place in the crypto world, the 20% drop in Bitcoin from its recent high demand scrutiny, given the hype surrounding the launch of exchange-traded funds (ETFs) focused on the original cryptocurrency. Various factors are being attributed to this significant drop in…
Shiba Inu’s marketing lead and top crypto expert Lucie suggests that Shibarium is preparing for a big win amid the upcoming Bitcoin bull run. In a tweet yesterday, She characterized Shibarium as a little guy whose ambitious dreams are about to come to pass. According to Lucie, the Shiba Inu ecosystem team will collaborate with top industry players to strengthen the popular Layer-2 scaling solution. Aside from the upcoming partnerships, Lucie mentioned that Shiba Inu’s native tokens, including SHIB, BONE, and LEASH, will also pave the way for an imminent takeoff for Shibarium. Get Ready for #Shibarium’s Big Win! In…
Billionaire Mike Novogratz says that wave after wave of US debt accumulation is giving him 34 trillion reasons to have unwavering confidence in the future of Bitcoin (BTC). In a new post on the social media platform X, the Galaxy Digital CEO says the US government is shelling out billions of dollars per day just to pay the interest on the country’s burgeoning $34.230 trillion debt. “I can think of 34 trillion reasons to believe in BTC… America is spending over $2 billion every day on interest payments alone. That’s over $83 million EVERY HOUR!!” Many Bitcoin investors believe that…
On Thursday, a collection of tokenized artwork from the Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The pieces, five single-edition NFTs minted on the Tezos blockchain collectively titled “The Convergence of Breath,” are the fruits of an art installation (and partial social experiment) now on display at Musée d’Orsay, which features in the museum’s ongoing, digital-themed exhibition, “Le Code d’Orsay.” The installation, a steel sculpture titled “Sigma Lumina,” was created by the French artist and DJ…
Ethereum just had one of those moments where the big story is what didn’t go wrong. A bug in Ethereum’s Nethermind client software – used by validators of the blockchain to interact with the network – knocked out a chunk of the chain’s key operators on Sunday. It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for “client diversity.” Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain’s most popular execution client, had gone out; the question is…