Author: NBTC

Michael Saylor, Bitcoin permabull and the co-founder of MicroStrategy juggernaut which stacks BTC, has published a tweet to highlight Bitcoin’s high performance which has massively surpassed that of leading assets in conventional financial markets. Over the past few days, digital gold has demonstrated an increase of more than 5%, reclaiming the $66,000 price mark. Bitcoin smashes gold and bonds by gains Bitcoin evangelist Saylor shared a diagram to demonstrate Bitcoin’s excellence in annual performance over other top assets. According to Saylor’s post, since August 2020 (the month and year, when MicroStrategy made its first Bitcoin purchase) Bitcoin has been showing…

Patient strategy pays off: Holding ETH for 7 years resulted in a 390x return on investment. Gradual exit strategy: The whale sold 15,879 ETH over several months, avoiding market disruption. Early adoption advantage: Entering the market at $7 per ETH allowed for massive profit potential. Ethereum has become more active recently as a whale which had not been active for months starts to move ETH. This ETH investor who bought Ethereum back in 2016 has decided to sell 12,979 ETH to book a $34.3 million profit. The whale has been an Ethereum user for more than 7 years and received…

Chainlink is positioning itself to lead the Real World Asset tokenization market. According to top analysts, the price of LINK may soar to $135 in the long run. Chainlink is in the spotlight with its important Real World Asset (RWA) tokenization pivot. In an industry projected to hit a $16 trillion target by 2030, Chainlink wants to create a first-mover advantage. As an Oracle service provider, Chainlink is developing more diverse product suits to meet critical challenges in tokenization. While many businesses want to enter tokenization, know-how is generally lacking. Chainlink hopes to bridge the gap by providing a tokenization…

The upcoming trial of Roman Storm, co-founder of Tornado Cash, has sent ripples through the cryptocurrency world. With the case scheduled for December, many in the crypto community are raising alarms about the potential consequences for privacy developers. The outcome of U.S. vs. Storm may not only define the future of decentralized finance (DeFi) regulations but also set new standards for privacy tool developers, who could be held accountable for how their technology is used. Judge Polk Failla rejects Storm’s dismissal motion Tornado Cash was designed to enhance privacy for Ethereum transactions, allowing users to obscure their financial activities. However,…

Cryptocurrency analyst Kevin Svenson believes Bitcoin (BTC) and altcoins will witness big upside bursts for the rest of the year. In a new video, Svenson tells his 79,800 YouTube subscribers that Bitcoin and altcoins are poised for more gains over the coming weeks and months. According to Svenson, the altcoin market cap appears to be repeating a pattern witnessed in the last cycle, when it took 157 weeks before igniting a massive breakout rally. “The altcoin market cap has been consolidating for the entire year. In the beginning of 2024, the altcoins had a huge run into March, gave up…

Ethereum co-founder Vitalik Buterin is constantly searching for strategies to improve the network. This time, he talks about “balancing,” which involves integration, decentralization and cooperation. Here comes Ethereum alignment Buterin described balancing as one of the most important social challenges in the Ethereum ecosystem. Ethereum prides itself on having a wide array of people and organizations in its ecosystem, building toward its vision of what the network can be. At the same time, it does not intend to have them build different versions of Ethereum but a single ecosystem. This brought about the “Ethereum Alignment” concept, which encompasses making ETH…

Edo Farina, the CEO of Alpha Lions Academy, highlights the number of XRP that automatically puts investors on the XRP rich list. In a viral video making rounds within the XRP community, Farina provided insights on what it takes for investors to be ranked among the top wealthy XRP holders globally. Amount of XRP Needed to Rank Among Top 10% Largest Wallets According to him, investors can be among the top 10% of the biggest XRP wallets with just 3,011 XRP. Farina indicated that as of June 2024, the number of XRP required to be in the top 10% ranking…

Analysts from cryptocurrency analytics firm Santiment have shared their views following the recent rally in Bitcoin. According to the analytics firm, BTC has recently surged above $66,000, creating excitement among traders. Santiment argued that this week’s pump was mostly felt in altcoins due to profit taking after BTC’s rise in the last three weeks. Bitcoin Price Has Reached FOMO Level and a Correction May Be Coming, Santiment Analysts Claim Santiment warned that bulls’ patience could be tested as the general sentiment in the cryptocurrency market surpasses levels of FOMO (greed) for Bitcoin. He added that this typically coincides with approaching…

Dogecoin co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on X, recently reacted to a take on Ethereum price. As one of the most prominent figures in the meme coin space, Markus often engages with the broader crypto community, offering his witty takes on general issues as well as market trends. His latest tweet taps into the ongoing debate over whether Ethereum can sustain its upward momentum or if the current rally will lose steam. A screenshot shared by Markus asked the question of when Ethereum will hit an all-time high. The Dogecoin co-founder acknowledged Ethereum being up…

Quant and Fnality are key players in blockchain, often seen as rivals but exploring interoperability collaboration. The World Bank’s choice of Quant highlights its superior tier-two model over Fnality. Quant’s Overledger technology offers seamless multi-network transactions, enhancing interoperability in digital finance. In the competitive landscape of blockchain and digital ledger technology (DLT), Quant (QNT) and Fnality have emerged as notable players. While they are often seen as rivals, there are indications for collaboration on interoperability. The World Bank’s recent decision to favor Quant (QNT) over Fnality hasn’t gone unnoticed. This favoritism raises the question as to why Quant’s tier-two model…