Author: NBTC
With the initial release of EdgeCloud scheduled for May 1st, Theta’s edge network will constitute the platform’s backbone. The Theta network, which has over 10,000 nodes worldwide, aims to democratize distributed computing power by supporting Windows, Mac, and Linux desktops, laptops, and servers. CUDA technology from Nvidia is crucial to expanding GPU computation, particularly on the Windows platform. With the introduction of CUDA, GPUs’ computational capacity could be utilized for purposes other than standard graphics processing. The ecosystem comprises a platform and an API model that enable programmers to utilize NVIDIA graphics processing units for various applications, including machine learning,…
Bitcoin ($BTC) could see its price surge to $150,000 over the next 18 months, driven by a wave of institutional adoption, according to analysts from Bernstein. The figure comes shortly after BTC’s price moved past the $60,000 mark for the first time since November 2021. The cryptocurrency’s price rise was fueled by the launch of several spot bitcoin exchange-traded funds (ETFs) in the U.S. and anticipation of its upcoming halving event, which will cut coinbase rewards miners receive per block found in half. However, the real game-changer, according to Bernstein, is the anticipated surge in institutional investment. Major Wall Street…
In a move set to revolutionize the crypto trading landscape, Transak, a leading On/Off Ramp solution, has partnered with Vertex. Vertex is an innovative trading platform. This integration aims to streamline the onboarding process for new traders by allowing them to purchase cryptocurrency directly within the Vertex app. 1/ We’re thrilled to announce the integration of @transak, a leading on / off ramp system from fiat → crypto for Vertex!This partnership streamlines the onboarding process for new traders.Now, users can purchase crypto directly to their wallet, all within the Vertex app. pic.twitter.com/hAsrrNL4tL — Vertex 🏔 (@vertex_protocol) March 21, 2024 Transak…
The chief analyst of Bitget Research, Ryan Lee, made a couple of predictions for March 2024 on Bitcoin and Ethereum. These are analyses that take into consideration the global context and the possible evolution of the price of the two main cryptocurrencies, BTC and ETH, during the current month. Bitget: Bitcoin forecasts The forecast on Ethereum Bitcoin and Ethereum price predictions from March onwards: Bitget analyst speaks The anomaly Bitget: Bitcoin forecasts Lee points out that on February 27th a new upward movement cycle started on the price of Bitcoin, with the surpassing of the previous annual high at $57,000.…
James Murphy, a legal expert at Ludlow Street Advisors, has taken to X (formerly Twitter) to reveal that the New York State Department of Financial Services has extended its deadline to rule on his administrative appeal of the department’s refusal to produce any documents that pertain to the exclusion of the XRP token from the “greenlist.” Murphy is baffled by the NYDFS’s decision to delist XRP after the court determined that its secondary sales did not constitute a security offering. At the same time, Ethereum has managed to retain its spot on the department’s greenlist despite its regulatory troubles. Hence,…
Ethereum co-founder Vitalik Buterin said Thursday that the amount of “usage” he’s seen from layer-2 networks following last week’s milestone Dencun upgrade has been lower than expected. In response to a question submitted by Rug Radio at ETH Taipei on Thursday, Buterin hedged when asked whether Dencun’s implementation has been better than he expected. “It depends what you mean by better,” the prominent crypto developer replied. Buterin proceeded to laud Ethereum’s developers for implementing the update “flawlessly,” before reflecting on what he considered to be Dencun’s lackluster contribution to network traffic on layer-2 networks since going live last Wednesday. “The…
US Presidential candidate Robert F. Kennedy Jr. He voiced his strong support for Bitcoin in a recent interview, citing its importance for commercial freedom. Kennedy, who bought Bitcoin for his children last year, confirmed that he still holds BTC. “My kids are very, very happy about it,” he said. When asked about the role of Bitcoin and calls for a ban from members of Congress, Kennedy criticized the reasons behind such proposals. “They want it banned because they get money from BlackRock, Morgan and all the big globalist banking monopolies that make money off inflation and make money by the…
TrueUSD, the dollar-pegged stablecoin affiliated with Justin Sun, has seen its market cap collapse more than 50% from $1.29 billion on March 15 to $615 million on March 22, according to data from CoinMarketCap. This mass redemption of TrueUSD follows Binance’s delisting of several TrueUSD pairs on March 15. TrueUSD spent much of February struggling to maintain its peg, falling as low as $0.95. TrueUSD’s market cap has collapsed from $1.29 billion to $615 million during March. A review of the attestations provided by TrueUSD also seem to show that it no longer has United States treasury bills in its…
Japanese telecoms companies are moving into the web3 space, with a subsidiary of the communications giant NTT set to launch a crypto wallet. Per the Japanese media outlet Project Design Online, NTT Digital will launch its wallet “by the end of 2024.” The company has partnered on the project with the US-based now.gg platform. The wallet is intended for corporate use, and will be named the Scramberry Wallet for Business. Japanese Telecoms Companies Eye B2B Crypto Market Nippon Telegraph and Telephone (NTT) is Japan’s biggest telecoms provider. Its NTT Digital arm is dedicated to web3 and blockchain technology. The firm…
A mysterious Bitcoin address is amassing BTC as the race to a new all-time high continues. According to data from Bitinfocharts, the whale’s wallet now holds over 54,164 BTC–worth around $3.2 billion. A “whale” is an investor who hoards large amounts of cryptocurrency. Because of the size of their Bitcoin holdings, a whale’s moves garner a lot of attention among blockchain sleuths, especially on crypto Twitter. In April, a wallet from the early days of Bitcoin moved over $11 million in BTC after being dormant for 12 years. That same week, another Bitcoin wallet moved $8 million in BTC after…