Author: NBTC

South Korean authorities are discussing the potential approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the country, as revealed by the country’s chief of the financial watchdog. Lee Bok-hyun, governor of the Financial Supervisory Service, said in a recent radio interview that there are differing opinions among authorities. While some, like himself, hold a positive stance on virtual assets, others are more cautious. Lee emphasized the need to consider all perspectives and engage in internal discussions. “Among authorities, I am one of those who are positive about virtual assets, while there are others who are wary, and we need…

In an unprecedented move, Fetch.ai has announced a collaboration with Deutsche Telekom, Europe’s largest telecommunications provider, and Bosch, a global leader in technology and services. The partnership marks a significant milestone in the integration of artificial intelligence (AI) and blockchain technology, promising to set new standards for innovation and efficiency across various industries. Fetch.ai uniting giants for innovation Fetch.ai’s collaboration with Deutsche Telekom and Bosch is not just a partnership; it’s a fusion of strengths, expertise, and visions. Deutsche Telekom brings to the table its vast infrastructure and deep knowledge in telecommunications, with its subsidiary, MMS, playing a pivotal role…

Solana has been surging again lately, rising 38% this week alone to pass $200 for the first time since 2021—and it has skyrocketed from the sub-$10 mark it hit in late 2022. And if you’re looking to fill your wallet with even more Solana, then why not earn more by playing games? Numerous play-to-earn games are based on Solana, and either reward players with SOL itself or another token within the Solana ecosystem, which can be swapped for SOL at an exchange. In some of the examples below, you’ll need to purchase an NFT to enable in-game earnings—but it might…

A top analyst who caught last year’s crypto breakout believes Bitcoin (BTC) has entered uncharted waters and that big pullbacks are opportunities for long-term holders. In a new strategy session, pseudonymous analyst DonAlt tells his 57,500 YouTube subscribers that the meteoric rise of memecoins as of late suggests that a significant correction is in sight for Bitcoin. Although DonAlt expects a Bitcoin pullback, he thinks that spot market exchange-traded funds (ETFs) investors will make the BTC retracement quick. “With the [memecoins] going up this insanely, I think we’re going to get frothy and quick, and I think that can very…

Artificial Intelligence (AI) is set to be one of the most transformative technologies of the century. A new report from ResearchAndMarket.com projects the global AI Market is expected to be valued at around $1,057.47 billion by 2030. Unsurprisingly, this potential has fueled immense growth in AI-related stocks, including microchip giant Nvidia, whose shares have soared by nearly 1,900% over the past five years. Nvidia $NVDA just closed the trading day above a $2 Trillion market cap for the first time in its history pic.twitter.com/FHGIa5E0TP — Evan (@StockMKTNewz) March 1, 2024 Decentralization Creates AI Accessibility Despite these advancements, industry experts have…

Institutional adoption of Bitcoin, which has been increasing for years, has increased even more following the approval of spot Bitcoin ETFs. Supported by increased adoption post-ETFs, BTC has experienced a massive rally and is poised to break its ATH of $69,000. While all investors were focused on $69,000 in BTC, a Bitcoin purchase announcement came from Stanford University. Accordingly, the Blyth Fund, which manages a portion of Stanford University’s donations, allocated 7% of its portfolio to Bitcoin. Computer Science Specialist and leader of the Stanford Blockchain Club, Kole Lee, who shared from his account Stating that they made the Bitcoin…

Bitcoin Ordinals project NodeMonkes flipped Bored Ape Yacht Club earlier Monday with a market capitalization of 7,300 BTC, around $490 million, according to cross-chain NFT marketplace Magic Eden. By comparison, Bored Ape Yacht Club’s market capitalization at the time was 136,500 ETH, or around $483 million, according to the NFT analytics site NFT Price Floor. The Ethereum-based Apes are back on top, as of this writing, but the collections remain close—there’s less than $30 million worth of crypto between their respective market caps, as of this writing. Launched in December, NodeMonkes is a collection of 10,000 8-bit monkey-themed digital collectibles.…

A decentralized data storage altcoin surged more than 104% this week amid the rollout of a new project. AR, the native asset of Arweave, a protocol that aims to enable permanent data storage on an open and decentralized network, is trading at $27.79, up from $13.62 one week ago. AR’s gains largely materialized after Sam Williams, Arweave’s co-founder and chief executive, announced they had launched a testnet for AO, a hyperparallel computer running on the project’s network. The new computing environment aims to aid with scaling and blend the benefits of smart contract applications with traditional computing environments. Explains AO’s…

VanEck Europe, the European division of the global asset manager, expects half of its assets under management to come from crypto in the future. Martijn Rozemuller, the CEO of VanEck Europe, said crypto will become more important and that he sees more potential for growth in that area than in others. VanEck Europe is the issuer of the VanEck Crypto and Blockchain Innovators UCITS ETF which holds Coinbase, Block, and MicroStrategy, among others. VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division.…

Solana (SOL), a leading blockchain platform known for its fast transaction speeds, has seen its price reach a 22-month high of $137 this week, amid a wider cryptocurrency market rally. Solana’s performance has been particularly impressive, with a significant 28% jump in the past week, pushing its price to its highest level since April 2022. Over the past year, the cryptocurrency’s price surged by an impressive 480%. The new high comes at a time in which Solana-focused investment products saw around $3 million of outflows in a week, after seeing around $1.6 million of outflows over the previous week. Investors…