Author: NBTC
Bitcoin has rocketed into 2024, adding a eye-watering 70% since the beginning of the year despite fears swirling of a “raging firesale.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of bitcoin’s looming halving earthquake! The bitcoin price has topped $70,000 per bitcoin, pushing the wider crypto market back toward its peak of $3 trillion that XRP developer Ripple’s chief executive Brad Garlinghouse thinks could double this year. Now, as bitcoin hurtles toward its next halving supply cut, a leak has revealed China could be poised to permit people to…
Between Ordinals, Runes, BitVM, and a resurgent developer ecosystem, the modern era of crypto is marked by a return to its first and largest blockchain: Bitcoin. The hype around Bitcoin layer 2s, rollups, and similar projects is a recent development, but some initiatives have been building on Bitcoin for years. One of those is Stacks, whose native token STX is up 70% in the past 3 months and is now a top-30 crypto by market capitalization. On April 16, Stacks is due for its long-awaited “Nakamoto” upgrade, just in time for the Bitcoin halving. “Stacks is currently the best L2…
Wormhole’s W token, which enables governance on the interoperability protocol, jumped 20% in the last hour. Wormhole launched today its native W token on Ethereum Virtual Machine-compatible blockchains, such as Ethereum, Arbitrum, Optimism, and Base, according to a blog post. This development is facilitated by Wormhole Native Token Transfers (NTT), allowing users to transfer W tokens across these different chains, on top of Solana. The recent launch marks the completion of the second phase of the W token’s rollout plan, setting the stage for the introduction of MultiGov, a multichain governance system built around W staking for voting power. Moreover,…
A widely followed crypto analyst believes one key factor could signal Bitcoin (BTC) is heading to six figures. In a new strategy session, Nicholas Merten, the host of DataDash, tells his 509,000 YouTube subscribers that if inflows of Bitcoin exchange-traded funds (ETFs) remain around 20,000 BTC per week the crypto king could soar beyond $100,000. “I want to make clear here that for me personally seeing those tens of thousands of Bitcoin being purchased on a weekly basis to the ETF would be a huge cue that we’re ready for a broader upward move, that we’re ready for six figures,…
A choice of programming language is not the be-all and end-all of smart contract development. But it does influence the security, efficiency and accessibility of blockchain applications. Each language comes with its own set of capabilities and limitations that can impact how contracts are executed, the potential for vulnerabilities, and the ease of finding and fixing errors. Algorand is becoming the first layer-1 blockchain to adopt Python as its canonical language, in what the Algorand Foundation Chief Technology Officer John Woods calls a “seismic change.” “Python is a massive step forward on the roadmap towards removing all barriers to entry…
Binance Labs, the investment arm of Binance, has announced its support for BounceBit. BounceBit is a protocol revolutionizing Bitcoin restaking and CeDeFi (Centralized-Decentralized Finance) innovations. This strategic investment aims to expand the utility of Bitcoin beyond its traditional role as a store of value. We’ve invested in @bounce_bit!BounceBit is building a BTC restaking CeDeFi infrastructure.Read more👇https://t.co/jtJHI4jUBM — Binance Labs Fund (@BinanceLabs) April 11, 2024 BounceBit’s Approach to Bitcoin Empowerment At the heart of BounceBit’s approach is the belief that Bitcoin’s potential should be maximized without altering its core blockchain. By actively engaging in network validation and various yield-generating activities, BounceBit…
The DOG token was airdropped for users who held the Runestone Bitcoin Ordinal until April 21. The meme coin Dog Go To The Moon (DOG) rose 73% in the last 24 hours and surpassed $540 million in market cap, according to its creator, who identifies himself as Leonidas. DOG also surpassed $3.5 million in trading volume, data from marketplace UniSat shows. Every investor holding the Bitcoin (BTC) Ordinal “Runestone” on April 21 qualified for receiving 889,806 DOG each on April 24. DOG is a token issued using the Bitcoin protocol Runes, which is used to create fungible assets on the…
The latest 13F filings with the SEC reveal that major institutional investors have been acquiring shares in the new spot bitcoin ETFs that launched this quarter. JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to #Bitcoin ETFs in Q1This is just the beginning 💥 pic.twitter.com/MQ1TZp8tQp — Bitcoin Magazine (@BitcoinMagazine) April 11, 2024 Companies that manage over $100 million in assets are required to disclose their equity holdings quarterly through 13F filings. Bitcoin investors have eagerly awaited these filings to see who is buying into the long-awaited Bitcoin ETFs. The Q1 2024 13F filings released…
Solana “Chapter 2” smartphone pre-order customers are already realizing benefits ahead of the phone’s expected release in 2025, thanks to a cat-powered bonus of token airdrops. The teams behind the Solana meme coins Maneki (MANEKI) and Cat in a Dogs World (MEW) airdropped tokens to the wallets of people who pre-ordered the Chapter 2—tokens that could potentially offset the entire $450 cost of the phone, provided their market value holds. On April 1, 37,600 MEW were airdropped to eligible Solana wallets. On Wednesday, 5,199 MANEKI were sent to the same wallets—and MANEKI’s price has only climbed over the past day.…
The Bitcoin halving, a significant event in the world of Bitcoin, is drawing near and is anticipated to occur next week. Bitcoin is intentionally designed to have a maximum supply of 21 million coins. This is to prevent inflation and ensure that the currency remains scarce. For day-to-day bitcoin holders, the halving will have little or no impact on their lives. However, for bitcoin miners, the halving will reduce the rewards they earn for their work from 6.25 bitcoin (BTC) to 3.125 BTC. This means that bitcoin miners will inevitably receive a revenue cut following the event, and less efficient…