Author: NBTC
As Bitcoin gears up for its highly anticipated halving event in April 2024, renowned investor Mike Novogratz shares his bullish sentiments on the future trajectory of the leading digital asset. Novogratz, CEO of Galaxy Investment, which specializes in crypto investments, took to social media to provide insight into Bitcoin’s upcoming halving. With cryptocurrency recently breaching the $1 trillion market capitalization mark and nearing a valuation of $52,500, just shy of its previous all-time high of $69,000, Novogratz emphasizes the significance of the impending halving. Highlighting the scarcity, Novogratz mentioned the impending difficulty increase in BTC mining, underscoring the potential for…
ArthSwap, a leading decentralized exchange (DEX), is gearing up for expansion as the Astar zkEVM mainnet prepares for its much-anticipated launch. This strategic move signifies a significant milestone for ArthSwap. Moreover, it aims to extend its influence and reach within the cryptocurrency ecosystem. 📢We are thrilled to announce our expansion into @AstarNetwork zkEVM !!https://t.co/Eu0sJ9Xz7U In summary, our development will aim to:– Utilize zkEVM, XVM, and XCM to strive towards becoming a “DeFi Hub connecting Polkadot and Ethereum”.– Increase trading volumes on both… — ArthSwap (@arthswap) February 19, 2024 ArthSwap Plans ARSW Token Deflation with zkEVM Integration ArthSwap is happy to…
Within OpenSeason, an open-world combat game reminiscent of Fortnite that is infused with fantasy and memes, the protagonists traverse a landscape replete with crypto-culture allusions, including an amusement park themed after Pepe and avatars representing the Bored Apes and Milady. In this brilliant spectacle, one thing stands out: a blazing shipwreck near the pier, dubbed “OpenSea” after the well-known NFT exchange platform. This smart gameplay feature was designed to humorously shame OpenSea when it delisted Fractional Uprising Studios’ Ethereum NFTs. In addition to functioning as entry tickets, these passes granted their possessors additional abilities, such as the ability to leave…
The Ethereum blockchains’s biggest upgrade since early 2023 went live on the second of three test networks, bringing the much-anticipated “Dencun” project and its “proto-danksharding” feature a step closer to reality. Proto-danksharding is designed to reduce the cost of transactions for layer-2 blockchains as well as make data availability cheaper, through the introduction of a new compartmentalized space for data known as “blobs.” The number of layer-2 chains atop Ethereum is expanding fast, so the upgrade is seen as an essential element of the ecosystem’s roadmap for supporting the growth. The Dencun upgrade on the Sepolia testnet occurred Thursday at…
Early 2023 was an incredibly difficult time for regional banks in the US — particularly crypto banks. Silicon Valley, First Republic, Signature, Silvergate, and Pacific Western Bank all either collapsed, closed down, or had their assets and liabilities purchased. As the year continued, no further bank runs or collapses occurred; it appeared as though the worst of the regional banking crisis had passed. Unfortunately, more regional banks are teetering again, including a couple that rushed in to purchase assets and liabilities from Signature Bank and Silicon Valley Bank — which serviced crypto and tech companies. Yesterday, New York Community Bank’s…
DNV GL and Renji Hospital renew partnership following years of collaboration with the VeChain blockchain. DNV and Renji’s partnership is said to be entering the seventh year, showing their commitment to enhancing quality healthcare. In October 2020, VeChain (VET) in collaboration with the independent assurance and risk management provider DNV GL, announced a strategic partnership with Renji Hospital, one of the biggest hospitals in China affiliated with the Shanghai Jiao Tong University School of Medicine to launch the first-ever Intelligent Tumor Treatment Center enabled by blockchain. This treatment center powered by the VeChain Toolchain is meant to be a “transparent,…
The recent surge in Bitcoin’s price of over $52,000 has ignited excitement among crypto enthusiasts worldwide. However, amid this optimism, a prominent analyst’s cautionary signal has sparked concerns over a potential correction in BTC price. Notably, despite the bullish momentum indicated by Bitcoin Futures Open Interest, the warning raises questions about the stability of the current rally. Analyst Signal and Market Dynamics In a recent X post, top crypto analyst Ali Martinez issued a cautionary message regarding Bitcoin’s near-term prospects. In the latest update, Martinez highlighted the TD Sequential indicator’s sell signal on Bitcoin’s daily chart, suggesting a potential correction…
More than $287 million of USDe has been minted within 24 hours of the platform’s launch, with the 27% reward calculated on a rolling seven-day basis and subject to change. Users can deposit stablecoins to receive USDe, which can then be staked. The yield is generated by staking ether to a validator and earning 5% on the capital, as well as shorting ether futures to capture the funding rate, estimated to be above 20% based on historical modeling. Decentralized finance platform Ethena attracted massive inflows on its first day amid some criticism around the model it uses to generate an…
Ethereum Price recovery syncs with the new ‘Dencun’ upgrade going live. Standard Chartered predicts Ethereum may reach $4,000 by May amid ETF expectations. Ethereum, the second-largest cryptocurrency by market capitalization, showcased a notable recovery yesterday, breaking free from a two-week bearish trend. In the second week of January, ETH reached a 20-month high of $2,710 but dipped to $2,168 eight days ago. Despite the setback, ETH has experienced a 7% surge in the past seven days and is currently trading at $2,341. This market rebound coincides with Ethereum’s ‘Dencun’ Upgrade, which went live on the second testnet. With only one…
Blockchain-focused investment firm, Sanctor Capital, and web3 capital firm, Press Start Capital, have announced today their partnership to launch The Multiplayer Fellowship, a novel pre-accelerator program targeting hyper-early-stage web3 founders. The program is set to fund 100 teams over the next 18 months, with an inaugural 8-week cohort beginning in February. The program offers a $50,000 SAFE (Simple Agreement for Future Equity) investment, mentorship from industry leaders, and a community of founders without any program fees. Notable mentors from previous programs include Arthur Hayes (BitMEX co-founder), Kevin Lin (Twitch, Metatheory co-founder), Justin Waldron (Zynga, Storyverse co-founder), and Luca Netz (Pudgy…