Author: NBTC
Coinbase’s layer-2 network, Base, is gaining some serious traction, with $1 billion in Total Value Locked (TVL). Realistically, Base is probably the hottest L2 network right now. A lot of people are joining in and sticking around, and the network’s TVL confirms this thesis. Base has been attracting attention thanks to the many projects and popular trends that are active on it. Even though the buzz might not last forever — since Base does not offer anything too out of the ordinary — it is still catching people’s eyes for the time being. One of the reasons people are drawn…
Robert Kiyosaki, a financial expert, investor, also known as the author of the classic book on personal finance management “Rich Dad Poor Dad” has addressed his Twitter/X followers with a tweet revealing a new huge reason why it is a perfect time for buying Bitcoin now. “Another giant bank in China goes bust”, “time to get real Bitcoins” Robert Kiyosaki issued a large tweet stating that “another giant bank in China went bust.” Apparently, the “Rich Dad Poor Dad” author is referring to the erosion of the balance sheets of largest Chinese banks at the moment because of their real…
While the XRP Army anticipates the automated market maker (AMM) functionality on XRP Ledger going live in a few days, a notable community figure has suggested XRP’s price could crash significantly. XRP community investigator Mr. Huber has urged XRP holders to prepare for the asset’s potential reaction after the AMM finally launches. Mr. Huber drew inspiration from the occurrence with XRP’s prominent rival, Stellar (XLM). XRP Crashing Like XLM After AMM In particular, the investigator cited that XLM’s value collapsed by over 80% after its AMM functionality went live in late 2021. Notably, market data substantiate this claim. Just to…
Sam Bankman-Fried shouldn’t expect to get Adderall or good vegetarian cooking where he’s headed, according to a federal prison system expert. He’ll be lucky if he’s able to avoid gang violence, as he’s most likely headed to a medium-security prison. On Thursday, a Manhattan judge sentenced the disgraced FTX founder to 25 years in federal prison—a length of time that has key implications for what prison he will now be sent to. According to Christopher Zoukis, a federal prison consultant, precedent suggests that convicts like Bankman-Fried who receive sentences of 25 years or longer are likely to be sent to…
The security token backed by the Diamond Standard Fund is listed on the regulated Oasis Pro Markets, eligible for IRAs and available for institutional investors such as pension funds and endowments. The offering makes the “$1.2 trillion natural resource accessible to investors via a more convenient, tradable fund,” the CEO of Diamond Standard said. Diamonds are the latest conventional asset to get the cryptocurrency industry’s red-hot tokenization treatment, as the precious stones will now be accessible on blockchain rails for investors. Crypto securities trading platform Oasis Pro created a token on the Avalanche C-Chain that represents a stake in the…
Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 mark. The analysis hinges on the identification of a Wyckoff ‘Sign of Strength’ (SOS), a concept derived from the century-old Wyckoff Method that studies supply and demand dynamics to forecast price movements. Understanding The Wyckoff ‘SOS’: Bitcoin To $100,000? The Wyckoff Method, developed by Richard D. Wyckoff, is a framework for understanding market structures and predicting future price movements through the analysis of price action, volume, and time. The ‘Sign…
Leading decentralized finance company Swell recently announced a partnership with premiere cryptocurrency exchange OKX. In their joint announcement, the two groups said they hoped to leverage a growing demand for fast and inexpensive crypto solutions. They added that by joining forces, they are helping to develop DeFi and Layer 2. OKX’s Layer 2 and Swell’s rested role together are workable because they operate with Polygon’s Crypto Development Kit. OKX has been very active in expanding its ecosystem with new partnerships. Swell is collaborating with OKX’s L2! 🤝🌊The new collaboration will unlock powerful synergies between Swell’s restaked rollup and @OKX’s L2,…
On a rainy Thursday in New York City, the saga of Sam Bankman-Fried came to an end—for now, at least. U.S. District Judge Lewis Kaplan sentenced the co-founder and former CEO of FTX to 25 years in prison, with three years of supervised release and the forfeiture of more than $11 billion in ill-gotten gains. Sam Bankman-Fried’s lawyers said they intend to appeal. The hearing where Kaplan pronounced his sentence, though, was not a 15-minute formality. Arguably, it started the evening prior, when Richard Partington III, a 42-year-old part-time teacher in Long Island, became the first member of the public…
SubQuery Network is a pioneer in decentralized web3 infrastructure. It recently passed a major milestone which is crucial to its network evolution. As a result of this, it has become an open, permissionless platform for all. Moreover, it allows easy access to decentralized indexed data and RPC endpoints. Earlier, SubQuery announced partnership with Stargaze to improve its NFT marketplace experience. SubQuery Network to Remove Publishing Restrictions to Foster Diversity This update makes SubQuery smooth and uninterrupted. Additionally, users can quickly create a Flex plan for their favorite RPC network with a production-ready API key. Customers can pay with SQT tokens…
As the leading cryptocurrency Bitcoin prepares for the halving event, which is expected to take place in April, bullish expectations for BTC are increasing. At this point, while the giant bank Standard Chartered increased its 2024 year-end BTC target to $ 150,000, Acheron Trading CEO Laurent Benayoun predicted that the Bitcoin price could increase by another 150% during the current bull market cycle. Stating that at this point, the BTC price could rise up to $180,000 in the bull cycle, the famous CEO said that ETFs and the decrease in supply after the Bitcoin halving will be effective in this…