Author: NBTC
Ripple has hailed the way in which blockchain can be leveraged to settle international transactions. It has been said that IT service businesses will largely feel the positive impact. Per an estimate by Ripple, worldwide spending on IT services is expected to touch $1.5 trillion this year. Companies have started looking overseas for new talent, thereby removing all geographical barriers to a person working for a company. However, there remains a concern pertaining to how payments are made. Companies say that spreading their global network helps them maintain a 24*7 functioning model. What really causes trouble is how the payments…
In a transfer that can remodel the commercial metaverse, Sony and Siemens have joined forces to create a state-of-the-art mixed-reality headset. With an anticipated launch later this 12 months, the headset goals to reinforce productiveness and problem-solving for professionals inside the industrial sector. Based on Siemens CEO Dr. Roland Busch, the commercial metaverse is an immersive house the place individuals and artificial intelligence (AI) can collaborate in real-time to unravel real-world issues. This partnership between Sony and Siemens goals to create a software that can empower professionals with superior applied sciences to drive innovation. Chopping-Edge Options of the Headset The…
Bitcoin is inching closer to the mark of $45k. BTC was last exchanging hands at $44,104.29. This could be largely due to the speculation surrounding the approval of Bitcoin ETF applications by the SEC. Applications by the likes of BlackRock and Fidelity are expected to go through maximum by January 10, 2024. While the entire crypto sphere waits for the moment they have craved for a long time, an analyst has come forward, asking the Commission not to approve those applications. Dennis Kelleher, the chief executive officer of Better Markets, a non-profit venture, has asked the SEC to reject all…
ZetaChain recently announced an official collaboration with Curve Finance. The announcement was made on the X/Twitter account of ZetaChain. According to the string of tweets, the parties will work together for the first native BTC support. The support will be delivered to omnichain asset pools and cross-chain swaps. ZetaChain is currently operating as the first universal blockchain, with smart contracts managing assets on multiple chains from one place. The blockchain allows users to deploy a native cross-chain Curve on the ZetaChain network. Through this, users can steer external, native assets like they are present on one chain. These properties enable…
Spot Bitcoin exchange-traded funds (ETFs) have been approved in the United States. The picture depicts eleven such ETFs, eight of which are affiliated with Coinbase. This speaks volumes about the development of the cryptocurrency economy. Spot Bitcoin ETFs introduced by the leading asset managers will provide access to a wide range of new investors, thereby fostering innovation and future development. The 11 spot Bitcoin ETF-based applications pertaining to traditional financial and crypto-focused financial providers have received approval from the SEC. The approval process for spot ether ETF applications may follow this. The anticipation and acceptance of spot Bitcoin ETFs have…
VeChain has highlighted that it is leveraging the capabilities of its Layer 1 blockchain, VeChainThor, to meet the sustainable development goals set by the UN. The power of Web3 is being implemented in a sector that has an estimated worth of multi-trillion dollars in the days to come. Two reasons why VeChainThor is an ideal candidate to meet sustainable development goals are scalability and ability. It has been crafted from the ground up to support scalability. Meaning it will have enough strength to support future developments effectively and efficiently. Second, it can handle a large number of transactions executed on…
Amid the excitement surrounding the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), Polish crypto analyst Adrian Zduńczyk has shed his insights on the price action of BTC in 2024 and beyond. Bitcoin Price Action In 2024 And Beyond Zduńczyk, who is the Chief Executive Officer (CEO) of Birb Nest shared his insights in a recent interview with Thinking Crypto founder Tony Edward. In the interview, Zduńczyk revealed his short-term expectations for Bitcoin, the impact of ETF approval, and post-halving expectations for price. Zduńczyk began by drawing attention to the recent surge in Bitcoin prices while also noting a minor decline.…
Even though Gensler, the chairman of the SEC, ultimately approved the spot Bitcoin ETF, his support for Bitcoin and cryptocurrencies was manifestly lacking. His stance explicitly stated that he did not support it. He advised investors to exercise utmost caution when making decisions, considering the myriad risk factors associated with Bitcoin and other products backed by cryptocurrencies. Gensler’s viewpoint pertains to the SEC’s stance on providing connectivity with specific Bitcoin-based financial instruments and advises investors to exercise caution when entering the cryptocurrency market. As per Cathie Wood, the founder of Ark Investment Management, Gensler’s remarks regarding the acceptance of Bitcoin…
The Zilliqa v9.3.0 upgrade is officially live on the mainnet. The announcement was made on the X/Twitter account of Zilliqa. The tweet read that the upgrade brings several network improvements. These improvements include EVM enhancements, sharding changes, mining rewards, and general fixes. Besides this, v9.3.0 is bringing improved efficiency and reliability to the network. The upgrade is a major step toward Zilliqa 2.0 as it integrates robust features with the network. Active reward control is the most noteworthy change Zilliqa has brought to users, along with desharding. The community approved the improvements after a voting session on Zilliqa’s governance platform.…
A moment that the Bitcoin community had been waiting for years could finally happen on January 10, 2024. The US Securities and Exchange Commission will likely approve all the Bitcoin ETF applications on that day. If approved, the community members will have a more structured format to invest their funds in the cryptocurrency. The race to get approvals is evident from the fact that the SEC has started accepting filings for Bitcoin ETFs, with major asset managers submitting 19b-4 amendments. Companies that are in the race to receive approval are BlackRock, Fidelity, and Grayscale. There is speculation that the Commission…