Author: NBTC
As the majority of the cryptocurrency market resumes its upward move, Ethereum (ETH) is among the assets leading the charge, and artificial intelligence (AI) platforms see more bullishness and advances for the largest altcoin by market capitalization in 2024. Indeed, Ethereum has skyrocketed almost 10% in the last 24 hours, as it moved to recover from the recent hiccup that saw it accumulate a decline of over 11% on its weekly chart, and advanced AI forecasting algorithms predict further improvement by the year’s end. Ethereum price prediction 2024 Specifically, one of these AI algorithms, which relies on historical ETH trends,…
DWF Labs, a well-known market maker in the cryptocurrency market, has reportedly deposited all BEAM altcoins to Binance. DWF Labs moved all of its assets worth 130.8 million BEAM ($4.31 million) to the stock market at $0.03296. Interestingly, just a week ago, on March 15, 2024, DWF Labs had withdrawn these BEAM tokens from Binance at an average price of $0.03631 ($4.75 million). If the firm’s transfer transactions were indeed trades, the company would suffer an estimated loss of $439,000, a decline of 9.23%. This marks the first loss for DWF Labs following the market rally in February. In other…
KORUS, an interactive music platform under PIXELYNX, an Animoca Brands subsidiary, has teamed up with Film.io, a decentralized filmmaking ecosystem. This partnership signifies a major advancement in entertainment, using blockchain to empower creators and safeguard their original works.—While KORUS focuses on music creation and collaboration, and Film.io specializes in filmmaking, both platforms share a common goal of supporting creators in meaningful ways within the Web3 community ethos. By coming together, they aim to champion artists’ intellectual property (IP) rights and promote fair compensation, bridging fundamental aspects of the creator economy.Film.io’s innovative platform utilizes blockchain to gamify engagement and revolutionize digital…
Ethereum (ETH) is undergoing a visibly bullish push, a trend that comes as a shock amid an ongoing probe from a state authority that might double as the United States Securities and Exchange Commission (SEC). At the time of writing, CoinMarketCap data shows that Ethereum has jumped by 13.2% in 24 hours to $3,543.54. This move comes barely 24 hours after news broke that the Ethereum Foundation was under inquiry by the unnamed state authority. While this probe has only led to some minor adjustments on the Foundation’s website, another report from Fortune Crypto outlined that the U.S. SEC has…
Amid a wider cryptocurrency market downturn that has seen cryptocurrency prices plunge after Bitcoin ($BTC) hit a new all-time high, the smart contract platform Cardano ($ADA) has been seeing its smart contract development skyrocket. Data from Cardano Blockchain Insights shows a remarkable increase of over 170% in Plutus scripts, the network’s language for building smart contracts, since the beginning of the year. This translates to nearly 500 new smart contracts being added to the Cardano network per day, as CryptoPotato first reported. The total number now sits at an impressive 39,000, with a particular emphasis on the newer Plutus V2…
Gaming activity is bubbling up on buzzy new Ethereum scaler Blast, and while one game has already fallen victim to an exploit on the nascent network, another is yielding rave reviews from players while driving Blast’s most-traded token. Crypto Valleys is the game in question, and it initially appears to tread upon similar ground as Pixels, the popular farming game on competing scaler Ronin. But while Pixels is a relatively robust experience akin to traditional video games, Crypto Valleys—at least in its initial incarnation—is focused on keeping DeFi degens coming back to harvest more gains. In the web-based game, you’ll…
Vanar, a prominent technology company, has announced a groundbreaking partnership with the National Incubation Center (NIC) Karachi. It aims to catalyze the emergence of Web3 talent in Pakistan. This strategic partnership aims to build an ecosystem for future developers through educational programs, workshops, and networking. Last week, Vanar partnered NVIDIA which boosted its token price. NEW STRATEGIC PARTNERSHIP! 🚀We’re joining forces with National Incubation Center Karachi to empower a new wave of Web3 talent in Pakistan. Our mission? To craft an ecosystem nurturing the next-gen of developers through seminars, workshops, and more! pic.twitter.com/98ZcxV2jM0 — Vanar (@Vanarchain) March 22, 2024 Vanar…
Bitcoin’s price has been on an almost vertical rise in the last few days, approaching its all-time high of $69K. Yet, the cryptocurrency might not make a new record right away, as some warning signals are pointing to a short-term correction. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, it is evident that the price has been rallying aggressively during the last month, breaking past several significant resistance levels. The market is currently one step away from making a new all-time high, as there are no significant long-term resistance levels left apart from the $69K level itself.…
Another big discussion topic arises as the SEC is thinking about calling Ethereum a security. This is similar to what they have been trying to do with another cryptocurrency you already know, XRP. When a crypto asset is tagged as a security, it means it might be subject to strict trading regulations. For retail traders, this could mean more paperwork and limitations on buying and selling Ethereum in the U.S. Companies dealing with Ethereum might have to follow rules that apply to stocks and bonds, which could make things complex. However, Ethereum’s nature as a decentralized blockchain makes enforcing these…
VeChain aligns with the community in Belfast for the 2024 roadmap workshop. CEO Sunny Lu emphasizes the importance of 2024 for VeChain’s sustainability. VeChain introduces Galaxy Member NFTs, enhancing community engagement. VeChain has made many big-time announcement and has been contributing to grand events across the world. The most recent convention led them to Belfast, UK, for a technical workshop, collaborating with the VeChain community to outline the roadmap for 2024. In detail, CEO of VeChain, Sunny Lu emphasized the significance of 2024 for VeChain, particularly in constructing the B3TR ecosystem aimed at fostering sustainability. He goes into detail over…