Author: NBTC

Blockchain infrastructure has evolved to encompass an ecosystem of layer-1 and layer-2 networks. In this article we’ll explore the difference between the two, and how layer-2 networks and other scaling methods like sidechains attempt to address the scalability challenges of layer-1 blockchains. What are layer-2 networks? Simply put, layer-2 networks are blockchain networks that live atop a layer-1 network such as Ethereum, with the layer-1 network providing the base layer of infrastructure and security for networks building on it, validating transactions and achieving consensus. The layer-2 networks use a variety of technologies to address scalability bottlenecks on the layer-1 blockchain,…

Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging. This whole debacle just shows that Coinbase is foolishly ignoring the obvious strategy here — buying bitcoin. Instead of share buybacks, imagine if Coinbase put $1 billion into bitcoin for its corporate reserves. That would have sent a real message. It would show they have skin in the game…

Over the past week, the crypto market has seen a surge in interest in emerging altcoins, with DOGS (DOGS), ZKSync (ZK), and Starlink (STRK) leading the charge. According to the data, CryptoRank has highlighted some remarkable shifts in investor focus. Altcoins performed well as $BTC price remained stable throughout the week and spot ETFs recorded inflows on 4 out of 5 trading days. TOP COIN SEARCHES IN THE LAST 7D ON #CRYPTORANK$DOGS $ZK $STRK $IO $ZRO $TIA $MANTA $ENA $W $NEIRO pic.twitter.com/tDPfrMM44f — PHOENIX – Crypto News & Analytics (@pnxgrp) September 14, 2024 Top Altcoins: DOGS, ZKSync, and Starlink Lead…

Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its stablecoin, USDT, on various networks to support decentralized use cases, like gas fees, on independent Layer 2 (L2) solutions. Tether’s stance on neutrality guides this decision, with its motto, “Unstoppable TogETHER,” signaling a preference for working with other projects instead of consolidating control. The rumor mill around a potential Tether chain is fed by the company’s dominance and ongoing attention from regulators. But Ardoino added that: “Any product /…

Bitcoin could skyrocket to record highs if Trump wins the election, driven by pro-crypto policies, deregulation, and surging investor demand, predicts Devere Group’s CEO. A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. presidential election. Green stated on Tuesday: A Trump victory could be the catalyst that pushes the world’s first and largest cryptocurrency into uncharted territory as his return to office would likely have a renewed emphasis on deregulation, tax incentives, and economic policies favourable to alternative…

High-supply cryptocurrencies like $LADYS, $SHIB, and $PEPE are gaining attention due to their broad availability and strong community support. $LADYS and $PEPE combine meme culture with advanced blockchain technology, attracting widespread engagement despite market volatility and meme status risks. $SHIB’s decentralized ecosystem, including ShibaSwap, leverages community governance, impacting its value and positioning in the high-supply crypto market. In crypto investments, circulating supply significantly influences market dynamics and can guide investment decisions. Cryptocurrencies with high circulating supplies often attract attention due to their broad availability. While some traders prefer low-supply assets, this article focuses on top cryptocurrencies with high circulating supplies,…

In recent developments across the crypto industry, the blockchain sector has seen a significant surge in TVL. As per Phoenix Group, a famous on-chain analytics platform, the prominent blockchains in terms of total value locked include Ethereum, Solana, Tron, and so on. The analytics provider took to social media to share the list of top blockchains in this respect. TOP BLOCKCHAINS BY TOTAL VALUE LOCKED#ethereum #solana #tron #bsc #base #arbitrum #bitcoin #avalanche #polygon #sui #aptos #thorchain #hyperliquid #ton #optimism pic.twitter.com/kcd5wDs9Sf — PHOENIX – Crypto News & Analytics (@pnxgrp) November 3, 2024 Ethereum Now Leads All Blockchains in Terms of TVL…

Robert Kiyosaki, entrepreneur in the financial education sphere also widely known for authoring a classic book on finance management “Rich Dad Poor Dad”, has published a post about The Bitcoin Standard, which triggered a wave of excitement from the Bitcoin community. He also elaborated on why he loves Bitcoin. ‘I vote for “The Bitcoin Standard”‘ Robert Kiyosaki published a tweet in which he discussed the subject of money and how it impacts produced products, their pricing, and ultimately the lives of their consumers. “When money is abundant….then products of life …. Become plentiful and inexpensive,” Kiyosaki tweeted. For this reason,…

The Litecoin Network has recently witnessed an exclusive landmark development. As per Litecoin, it is reportedly processing more than 1 quadrillion hashes for each second, highlighting the increasing resilience, strength, and security of the network. The platform disclosed this huge development on its official social media account. Network Check: The Litecoin Network is soaring along at over ONE Quadrillion hashes per second!! pic.twitter.com/zePAjgFV23 — Litecoin (@litecoin) September 14, 2024 Litecoin Network Goes Beyond 1 Quadrillion Mark in Hashes Per Second In its new X post, Litecoin mentioned that this remarkable hashing power denotes an unparalleled expansion. In the blockchain sector,…

BBVA is launching a tokenized fund integrated into the Spanish securities regulator’s sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications. BBVA to Experiment With First Blockchain Tokenized Fund Tradfi institutions are now open to testing decentralized technologies and applying them to existing use cases to examine their possible benefits. Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest Spanish bank, has announced that it will launch a tokenized fund as part of the regulatory sandbox enacted by the CNMV, the Spanish securities regulator. This sandbox allows participants to innovate…