Author: NBTC

Tesla stock topped the volatility charts at 24%, followed by AMD at 16% and Nvidia at 12%, all surpassing bitcoin’s 11% movement range, according to my calculations. Other tech giants showed lower volatility than bitcoin. Intel registered 9% price swings, while Meta and Microsoft stayed around 8%. Amazon showed 7% volatility, with Google at 6%. Apple proved the most stable among analyzed stocks with just under 6% monthly volatility. This volatility distribution suggests the conventional financial narrative may need updating, as the data no longer supports the assumption that bitcoin is significantly more volatile than blue-chip tech stocks. Notably, Tesla’s…

A temple in Kyoto, Ryuganji Temple, is offering 1,500 free animated NFTs to promote Japanese Buddhist culture on a global scale. Starting Nov. 1, users can claim free Ryuganji Temple non-fungible tokens from the official website. Visitors will also be able to collect the NFT directly at the temple starting Nov. 9, 2024 at 14:00 JST. There will be a QR code available on-site for the public to scan in order to claim a free NFT. The Ryuganji NFT includes a video showing the temple’s gate and main hall as well as a clip of animated brushstroke calligraphy created by…

SEI transaction fees have decreased by nearly 25% in the last four months, making the network more cost-efficient. The Sei v2 upgrade boosted daily transactions to 5 million and increased total value locked (TVL) by 229%. SEI Network continues to attract interest from blockchain analysts and traders, with transaction fees falling considerably over time. According to a recent tweet from blockchain analyst Cooltimes, SEI transaction fees are now about 25% lower than they were four months ago, indicating a consistent improvement in the network’s cost-efficiency. This reduction in transaction costs is projected to make SEI more appealing to both retail…

Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process. As such, miners often turn to credit facilities to fund their operations. Today, mining costs continue to grow, with some experts saying that costs have skyrocketed to $49,500 as of the second quarter. CoinShares reports that the second quarter data is $2,300 more than the first quarter when mining costs average $47,200. The investment…

Collectify, the prominent player in the multichain NFT market, has partnered with XSTAR, the Omnichain Identity Protocols provider. This partnership could mark the beginning of a new way of augmenting the use of blockchain through verification of the actual identity of users, hence making such platforms safe for use by the participants. With the help of XSTAR, Collectify plans to improve user engagement and ensure maximum compatibility with different blockchains. What This Partnership Brings to the Table One of the notable innovations by XSTAR is the Omnichain ID Protocol for the Proof of Humanity. It offers an anonymous and assured…

Recent statistics reveal a notable surge in Bitcoin (BTC) transactions, reaching a peak not seen in six months. Insights from blockchain analysis firm IntoTheBlock attribute this spike to a rising number of wallets that hold BTC, which has been shared through their social media channels. Contents hide 1 Why Are Bitcoin Addresses Increasing? 2 What Drives Short-Term Bitcoin Trading? Why Are Bitcoin Addresses Increasing? IntoTheBlock points out that the number of addresses accumulating BTC for under 30 days has been a significant factor in this upward trend. Such a pattern typically signals a bullish market atmosphere. Current developments are being…

Crypto detective ZachXBT has responded to the speculations of his NFT on Zora Protocol and has said that he never intended for people to speculate on investigations. ZachXBT has clarified that Zora’s user interface currently does not inform creators that an ERC-20 token will be launched at the end of the open edition NFT minting, as he attached a screenshot as a proof of his claim. The Zora UI currently does not give any indication to creators an ERC 20 token will also be launched at the conclusion of an open edition NFT mint (attaching screenshots for proof). If people…

In a recent tweet, Solana founder Anatoly Yakovenko made a surprising Satoshi mention in relation to Solana saying “Solana is a Bitcoin L2 endorsed but not backed by Satoshi. She just did a much better job covering her tracks this time around.” Solana is a bitcoin L2 endorsed but not backed by Satoshi. She just did a much better job covering her tracks this time around. — toly 🇺🇸 | compressed (@aeyakovenko) September 15, 2024 Solana (SOL) was designed to scale censorship resistance, allowing for an order-of-magnitude increase in transaction throughput at a much lower cost than other blockchains like…

Telegram game Tomarket revealed airdrop allocations to players on Friday ahead of an impending TOMA token listing, but many players complained that they had been banned for alleged cheating—and claimed that they hadn’t done so. After saying that it would look into any such reports this week, the Tomarket development team announced Tuesday that it had indeed reversed many such verdicts, and that those players will indeed receive tokens as part of the airdrop process. “Following our initial review, a sizable amount of accounts have already been verified and unlocked, so please check your airdrop status to see if your…

Several leading U.S. publicly listed mining companies from Wall Street, including TeraWulf, Riot Platforms, CleanSpark, and MARA, posted production gains in October. Although for some, the BTC production results were the highest since the halving, the recent JPMorgan report reveals a continued decline in industry-wide revenue and profitability. The report, which highlights a record-high network hash rate, points to increasing operational challenges and intensifying competition across the sector. TeraWulf Sees Modest Gains with Efficiency Improvements TeraWulf (NASDAQ: WULF) reported the mining of 150 Bitcoins in October, maintaining a daily average of approximately 4.8 BTC. The firm’s operational self-mining capacity rose…