Author: NBTC

WisdomTree is one of the companies that has issued an ETF on Bitcoin in the markets. Initially, it had launched the ETP WisdomTree Physical Bitcoin (BTCW / WBIT) available on various European exchanges: Euronext in Amsterdam and Paris, SIX in Zurich, XETRA (Deutsche Börse) in Frankfurt and others. Later on, it also launched the ETF WisdomTree Bitcoin Fund (BTCW) on the Chicago Cboe. This last one, launched in January, has so far gathered less than 80 million dollars in AUM (about 1,100 BTC), but it must also be said that the Chicago Board of Exchange is a minor exchange in…

In the fast-moving world, non-fungible tokens (NFTs) are gaining traction due to global acceptance and adoption. Pudgy Penguins is one of the top NFT collections that has created headlines over the last 24 hours with its remarkable price surge. According to Chinese reporter Colin Wu, Pudgy Penguins surged by over 7% in one day, becoming the second-largest NFT after CryptoPunk. In addition, Pudgy Penguins surpassed the leading non-fungible tokens like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). In the past 24h, Pudgy Penguins rose by more than 7%, with a market value of $454m, surpassing BAYC…

Excitement is brewing within the SHIB community as Shiba Inu team member Lucie recently shared a significant update regarding the SHIB Metaverse. The recent update provides insights into the progress and direction of the SHIB Metaverse project, giving the community a glimpse into what lies ahead. In a tweet, Lucie shared her excitement for the next sneak peek into the Shiba Inu metaverse, hinting at major plans, of which the upcoming token TREAT will be a major part. “Can’t wait for the next sneak peek. ShibTheMetaverse has huge plans, and treats for Shib are a big part of it,” Lucie…

Renowned crypto analyst Willy Woo has suggested that BlackRock’s $9.5 trillion in assets under management could potentially migrate toward digital assets, particularly Bitcoin, as younger generations express growing confidence in cryptocurrency. Woo’s comments come in the wake of recent statements by BlackRock CEO Larry Fink, who emphasized the need to engage younger investors disillusioned with conventional financial systems, particularly regarding retirement savings. Bloomberg’s analysis echoes this sentiment, suggesting that Fink’s interest in BTC stems from its appeal to digitally native demographics. Bitcoin’s potential to attract younger investors could position BlackRock favorably, potentially leading to a sustained relationship as these investors…

COTI has announced that it intends to airdrop its new COTI V2 tokens worth over $10 million to holders of its previous tokens. This airdrop, slated for March 25th, 2024, is a token of appreciation to the COTI followership who have always been with the project from its humble beginnings. COTI has rapidly become one of the most innovative decentralized web builders. Their key product is an Ethereum blockchain confidentiality layer using advanced cryptography enabling on-chain data privacy while maintaining Ethereum network safety and integrity. This new development can change everything as far as applying real-world privacy needs to public…

In the volatile sea of cryptocurrency, Bitcoin (BTC) has been a beacon for investors and enthusiasts alike. Recently, renowned crypto analyst Michaël van de Poppe ignited the crypto community with his latest tweet, predicting a significant uptick in Bitcoin’s value as it prepares to test the $75-80K range before the impending halving event. According to van de Poppe, Bitcoin is currently in a phase of consolidation, and he believes that it is nearing the peak of its current run. He expects that there could be another test of the all-time high (ATH), possibly reaching between $75,000 to $80,000 before the…

Cardano, a layer 1 smart contract network, has reached a historic milestone with the launch of Mehen USDM, a fiat-backed stablecoin. Mehen Token (USDM) is a digital token issued by Mehen Finance that is convertible into US dollars at a 1:1 ratio. USDM, as Cardano’s native token, can be transferred on the Cardano blockchain without the need for additional smart contracts. In a tweet announcing the arrival of the USDM stablecoin on Cardano, Mehen stated that institutional customers will immediately begin the onboarding process, which might take one-two days. This means USDM will gradually arrive on-chain during the week of…

Crypto asset manager Hashdex’s bitcoin futures fund is now able to hold BTC directly — finally joining a segment that has seen heavy demand over the past two-plus months. The Hashdex Bitcoin Futures ETF (DEFI), which launched in September 2022, has been renamed the Hashdex Bitcoin ETF — retaining the same ticker on NYSE Arca. The change reflects a new investment strategy, effective Wednesday, by which the fund intends to invest at least 95% of its assets in spot bitcoin, the company said. Up to 5% of DEFI’s remaining assets may be invested in bitcoin futures contracts traded on the…

Avalanche and Solana are among the most credible Ethereum competitors on the market today. The two blockchains are similar in terms of user experience, as they both offer very fast and cheap transactions to users transfering tokens and interacting with smart contracts. However, there’s also a number of key differences between Avalanche vs. Solana. In this article, we’ll compare the two projects and recommend which one you should choose based on your needs. Key highlights: Avalanche and Solana, both launched in 2020, are top Ethereum competitors, offering fast, low-cost transactions with distinct features. Avalanche supports EVM-compatible smart contracts using Subnets…

On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins originating from the same year. For the third instance in March, this entity has returned, reallocating 2,000 bitcoins from 2010, marking another significant string of BTC movement after the assets had not been touched for more than a decade. 2,000 Bitcoins From 2010 Moved by Notorious Whale On Tuesday, March 26, 2024, the prominent entity known for its vast bitcoin (BTC)…