Author: NBTC

Starknet Foundation announced on Wednesday that STRK, the native token for the Ethereum layer-2 blockchain Starknet, will be airdropped on Feb. 20, with roughly 1.3 million wallets eligible to receive it. According to the foundation, there are several types of users that qualify for the 728 million token airdrop, or as they call it “provisions,” and they have until June 20 to claim their tokens. Starknet is a layer-2 blockchain that makes use of zero-knowledge cryptography. The long awaited arrival of the STRK token will be used to fuel “community participation and project governance,” Starknet Foundation said in a press…

Crypto analyst Kevin Svenson believes Bitcoin (BTC) could rally to a key resistance level ahead of the halving event. In a new strategy session, the trader tells his 72,000 YouTube subscribers that the flagship digital asset’s upward momentum could take it to $60,000 before the April halving event, when miners’ rewards are cut in half. “So the area in between $57,500 and about $60,000, the trap liquidity target, that is the next major area of resistance in my opinion. And that is the area that I’m targeting as we’re moving into the halving. If we keep up this momentum, the…

The new ERC-404 token standard presents promises and uncertainties for traders and digital art enthusiasts. But is it a reliable solution? The experimental ERC-404 standard aims to solve the liquidity problem of NFT collections. It merges the characteristics of ERC-20 fungible tokens with ERC-721 non-fungible tokens. ERC-20 serves as a protocol standard governing token issuance on the Ethereum network, facilitating the exchange of tokens based on predefined rules. Conversely, ERC-721 operates as a standard for non-fungible tokens, enabling developers to tokenize ownership of various data on the Ethereum blockchain using Solidity language. Typically, ERC-20 and ERC-721 standards cater to fungible…

Spot ether ETFs have roughly a 60% chance of being approved in May, according to Bloomberg Intelligence analyst James Seyffart. Earlier this week, the Securities and Exchange Commission delayed decisions on the potential BlackRock and Grayscale ether ETFs. Alongside BlackRock and Grayscale, Ark 21Shares and VanEck are also in the running for a spot ether ETF. The delays were not surprising, according to experts who expect the SEC to put off a decision on the ETFs until later this year. The SEC, earlier this month, approved a slew of bitcoin ETFs. Read more: Race for a spot ether ETF begins…

New York Community Bancorp (NYCB), the bank whose unit took over defunct Signature Bank’s non crypto-related deposits, fell as much as 42% on Wednesday after missing earnings estimates and slashing its dividend. The bank reported a fourth-quarter loss of $0.36 per share, missing an analyst estimate of earnings of $0.27 per share, according to FactSet data. The company said in a statement that fourth-quarter net income and diluted EPS were hit by “merger-related items and a FDIC special assessment.” Last year, NYCB’s Flagstar Bank unit assumed non crypto-related deposits held by Signature Bank, after state regulators shut down the crypto-friendly…

The analyst makes a bullish prediction for XLM, and says $5 is attainable in the long term. Stellar’s Protocol 20 Mainnet upgrade is scheduled to kick off this February. The Stellar community is rightfully excited for the months ahead as a recent announcement highlights the network’s roadmap for 2024. Notably, the Stellar network is gearing up in preparation for the highly anticipated launch of Protocol 20. Market participants have their gaze fixed on Stellar’s native token XLM, which is primed for a major upswing, according to market analysts. In a recent post, a pseudonymous analyst broke down the road ahead…

In the ever-evolving landscape of cryptocurrency, Bitcoin has once again captured the spotlight, surging beyond the $50,000 threshold to solidify its market standing. The recent price rally to $51,740.00, a 4.53% increase within a mere 24-hour window, ignites discussions around Bitcoin price prediction, with speculation rife about the potential for new all-time highs. This momentum not only elevates Bitcoin’s market capitalization to an impressive $1.015 trillion but also reinforces its unparalleled position in the digital currency market. Economic Events Ahead The upcoming U.S. economic releases are poised to influence Bitcoin’s market dynamics significantly. Here’s a breakdown of the key data…

In today’s digital landscape, the emergence of NFTs as a means of preserving ownership rights amidst the ascendancy of Artificial Intelligence (AI) has sparked considerable discourse. Yat Siu, chairman and co-founder of Animoca Brands, provides compelling insights into the transformative potential of NFTs in safeguarding creators’ rights and fostering financial autonomy.—At the heart of Yat Siu’s argument lies a fundamental recognition of the evolving relationship between AI, content creation, and ownership. Contrary to prevailing skepticism, he contends that NFTs represent not just a speculative trend but a vital mechanism for asserting control over one’s digital assets.”NFTs are digital stores of…

The price of Ethereum (ETH) has fallen below the moving average lines but remains above the $2,168 support. ETH price analysis by Coinidol.com. Long-term analysis of the Ethereum price: bearish The current support level of $2,168 corresponds to the historical price level of December 12, 2023. Since December 12, 2023, buyers have been defending the price above the historical price level of $2,000. Since the price drop on January 23, 2024, the largest altcoin has been trading above the $2,168 support. Currently, selling pressure has eased as the altcoin corrects higher. Ether is currently valued at $2,246. On the negative…

Today, while Bitcoin and global markets were waiting for the FED to announce the first interest rate decision of 2024, a report came from JP Morgan analysts. Analysts stated that at this point, critical data do not yet show a meaningful inflation decrease, and said that the markets seem overly optimistic about the FED’s interest rate cuts. Analysts, who cited the fact that inflation will decline in 2023 and the FED signaled that it will cut interest rates at its December meeting as the reason for this, stated that the FED remains determined to fight inflation and is ready to…