Author: NBTC

Solana, TRON, and NEAR are the top three decentralized ledgers with the most rapid transaction speed worldwide. That is according to data by Phoenix Group. Blockchains are commonly recognized for their capability to process transactions in a decentralized approach and securely. But not all blockchains have equal abilities in terms of performance. Through its latest research, Phoenix Group identified the most performing blockchains currently, depending on their ability to process a high number of transactions per second (TPS) daily. As per the data, Solana is the fastest blockchain in the world, having the highest daily average transactions per second (TPS)…

The Bitcoin price seems to have settled into stasis, just 10 days before the U.S. presidential election. Now analysts are looking ahead to next week’s inflation figures and jobs report to as the next big catalyst for BTC price action. Bitcoin has receded a bit since testing the $70,000 level earlier this week, and has settled at around $68,000, up 0.8% on the day and 0.5% on the week, per data from CoinGecko. “After reaching a high of $68,850, Bitcoin corrected slightly towards the day’s end but maintained a strong price level,” BRN analyst Valentin Fournier said in a note…

Arca and BlockTower are merging in an all-equity deal, the companies announced last week. Arca CEO Rayne Steinberg talked to Blockworks about the merger, timing and what this next cycle could look like. The two had been in talks to merge for a little over two months, Steinberg said. They’d always been close, but the merger just “made so much sense” after talks ramped up. Aside from BlockTower’s venture team, which will be spun out, Arca and BlockTower plan to retain all their talent under one umbrella. Steinberg will lead the new company, with Jeff Dorman staying on as chief…

XRPL’s new Price Oracle amendment leverages Band Protocol and DIA to enhance real-time DeFi data accuracy on XRP Ledger. The XRP Ledger’s Price Oracle is protocol-native, ensuring secure, in-built data feeds without relying on Layer 2 solutions. Ripple’s integration of real-time oracles into XRPL aims to support emerging protocols like the XRPL Lending Protocol and AMM. RippleX has introduced a significant update to the XRP Ledger with the new XRPL oracle pricing amendment, enabling advanced decentralized finance (DeFi) capabilities. This development integrates the Price Oracle feature, defined in the XLS-47 specification, allowing XRP Ledger-based smart contracts to access real-time pricing…

Morpheus, one of several blockchain projects seeking to decentralize artificial intelligence, is up and running in the wild, the team behind it announced Monday on X (formerly Twitter). Like other decentralized AI networks, Morpheus seeks to curtail the negative side effects of AI, such as centralization, censorship, and monopolistic control of data. Similar decentralized AI projects include Bittensor, dAIOS and Boltzmann Network. Morpheus recently joined the Decentralized AI Society, a trade group focused on fighting the tech giants that wield massive control over AI data. Read more: Decentralized AI Society Launched to Fight Tech Giants Who ‘Own the Regulators’ Morpheus…

Bitcoin faces strong resistance at $67.5K, a key level that has seen high-volume trading activity. Potential Breakout: If Bitcoin surpasses $69.5K, minimal resistance exists above, suggesting a potential sharp price increase. Market Sentiment: External factors like the U.S. elections could heavily influence Bitcoin’s next move, adding to market uncertainty. Bitcoin’s current market trend positions the cryptocurrency in a crucial trading zone it takes to fight against the $67.5K high-volume node. This level has recorded the highest turnover in the recent past, a strong signal that there is interest and activities are taking place at this price level. The cryptocurrency investors…

According to event reports, Yat Siu will attend the Global Blockchain Show in Dubai on December 12th and 13th. Yat has been passionate about tech and finance from the start and strongly believes that the future of the Internet lies in decentralization. Yat Siu highlights crypto’s major advancements Yat Siu’s stance on the shift toward decentralization is shaped by Animoca’s involvement in Web3 and everything that encompasses the ecosystem. With Animoca, Yat has been behind games, including The Sandbox, Crazy Kings, and Crazy Defense Heroes. Currently, in a podcast focusing on the Global Blockchain Show, Yat dives into his love…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. US stocks were once again on the rise Monday, recovering some of the losses posted late last week. Crypto assets — mostly insulated from the selloff — were largely maintaining their post-election rally. Let’s start with what caused last week’s dip in equities. In my view, it was a bit of a perfect storm. The GOP sweep, as expected, sent share prices higher. When Trump won in 2016, the S&P 500 gained about 6% between election night and Inauguration Day, a slightly bigger bump than the…

Argentina has become the country where World, the biometric ID project, is most popular, with over 2.2 million registered users despite backlash from authorities. The company plans to expand its footprint in the country by implementing home-based iris scanning options next year. Argentina Becomes World’s No. 1 Nation Amidst Criticism World, the proof of personhood project, is enjoying a popularity surge in Argentina, where citizens see its offering as compelling. According to the organization, out of more than 7 million users registered, over 2.2 million are Argentine citizens who are enticed to register their personal biometric information by the bounty…

After years of waiting, the Securities and Exchange Commission (SEC) made a cryptocurrency market splash in January 2024, first with a fake announcement resulting from a hack and then with the genuine approval of a string of spot Bitcoin (BTC) exchange-traded funds (ETFs). Investors seeking to gain exposure to BTC without engaging directly with the world of digital assets were suddenly flooded with options, with each major issuer attempting to entice traders with competitive fee structures. The approach has so far proven successful, with $188 million flooding into BTC ETFs on Thursday, October 24 alone. Though any of the available…