Author: NBTC

Vietnam has revealed its National Blockchain Strategy, aiming to become a regional leader in blockchain technology by 2030. The strategy, approved by Deputy Prime Minister Ho Duc Phoc, outlines five key actions: perfecting the legal environment, developing infrastructure, cultivating human resources, promoting blockchain development, and promoting research and international cooperation. 📢JUST IN: VIETNAM OFFICIALLY RELEASES ITS NATIONAL BLOCKCHAIN STRATEGY — BSCN Headlines (@BSCNheadlines) October 23, 2024 The government plans to establish 20 prestigious blockchain brands, maintain three blockchain testing centers, and rank among the top 10 blockchain training institution in Asia. The Ministry of Information and Communications, Government Cipher Committee,…

BTC has experienced a breakout from a descending trendline and is now heading toward a resistance level of $58,000. BTC’s price could soar another 10% to the $62,000 level if it breaks out the $58,000 level. Coinglass’s BTC Long/Short ratio currently stands near 1.095, which is a bullish signal. Bitcoin (BTC), the world’s biggest cryptocurrency by market cap appears to be recovering after its price hitting a monthly low of $55,500. In recent days, the BTC price has fallen by more than 10%, but over the past three days, it has jumped more than 5%, which could be considered a…

According to Santiment, Ethereum could attract an increase in network usage, as average transaction fees drop to lower levels. Notably, Ethereum’s network fees recently reached an unusually low average of $1.63, according to an analysis by Santiment, a market intelligence platform. This shift marks a pivotal point for the blockchain as it nears its 10th anniversary. Historically, low transaction fees have encouraged traders to increase transfer frequency, often leading to greater activity on the blockchain. Shifting Transaction Fee Levels The analysis’ visual highlights four key fee tiers, each carrying distinct implications for market behavior. Notably, the first tier describes when…

Several venture capitalists believe that the initial public offerings(IPO) challenge by leading crypto companies in the US might end no matter who wins the US Elections. In fact, Bloomberg reported that several crypto companies such as Circle Internet Financial, Kraken, Fireblocks, Chainalysis and eToro may go public in the next one or two years. Note that none of these firms have publicly discussed the probability of IPO. But, Circle has reportedly sent out a ‘confidential’ IPO plan to the US SEC in January 2024.Several industry veterans believe that the tough regulatory attitude of the current SEC Chairman Gary Gensler, who…

The Hamster Kombat community was on the moon when the team announced they are going to do the biggest airdrop in the history of crypto. The game launched in March 2024, soon gathered 300 million users and out of which around 102 million were active monthly players. Amidst multiple controversies Hamster lost 15 million players in the month of August. However with the announcement of the Token generation event and big promises, Hamster quickly reached 104 active monthly participants. Community was excited for September 20 when season 1 was ending and the collected points would convert to Hamster tokens. However…

The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network. Zanzibar’s sandbox follows a similar initiative in Tanzania, which aims to streamline regulations for fintech startups. Both programs are expected to reduce risks for startups and attract investors. Priority Given to Startups Promoting Financial Inclusion The Zanzibar government has launched a blockchain sandbox program to encourage entrepreneurs to test their tech products and position the Tanzanian archipelago as…

Members of the eleventh series of stock purchase rights were notified by the corporation. The total amount to be spent on Bitcoin by the Japan-based firm is 299,700,000 yen. Amid the current market sentiment, Metaplanet, a Japanese corporation, revealed ambitions to buy additional Bitcoin (BTC). Members of the eleventh series of stock purchase rights were notified by the corporation. As investors focus on macroeconomic variables, speculations about the price of Bitcoin are sure to continue in the next weeks. As part of its expansion strategy, Metaplanet has announced intentions to increase its Bitcoin holdings. Announcing the eleventh series of management…

Ceffu has partnered with Lido Finance to introduce a new Ethereum liquid staking service. This collaboration aims to provide users with a secure and efficient way to stake their Ethereum (ETH) assets from Ceffu’s Qualified Wallet cold storage while ensuring optimal returns through liquid staking without compromising security. Ceffu partners with @LidoFinance for new Ethereum Liquid Staking. Stake $ETH from our Qualified Wallet cold storage, boosting efficiency without compromising security.Read more: [https://t.co/9gky6dR0sJ] pic.twitter.com/Heb9rdP2nr — Ceffu (@CeffuGlobal) October 22, 2024 According to the firms, the partnership between Ceffu and Lido Finance offers a streamlined solution for Ethereum holders, allowing them to…

Pump.fun, a meme coin creation platform on Solana, has just launched a new feature that allows users to tokenize videos on its platform. While this new feature has been met with enthusiasm from many users, it has also raised several questions. What Could Video Tokenization on Pump.fun Mean? According to the platform’s introductory video, users can quickly create a token linked to a video with just a few simple steps. Once created, the video will appear in the token trading interface. The platform demonstrated this feature with a clip of the debate between Donald Trump and Kamala Harris. Users quickly…

According to the Shibburn wallet tracker, the Shiba Inu community continues to reach new milestones as they keep gradually reducing the circulating supply of the popular meme coin Shiba Inu. In the meantime, the market performance of the second largest meme-inspired cryptocurrency has improved as its price attempted a breakout in the past day. SHIB burn rate soars high The above-mentioned data source reported that over the last 24 hours, the Shiba Inu burn rate has seen a major increase of more than 772%, while the Shiba Inu community has managed to dispose of 15,089,691 SHIB in three burn transactions.…