Author: NBTC

During a recent interview with CNBC, Nik Bhatia provided a deep and nuanced understanding of Bitcoin’s role within the financial ecosystem. Nik Bhatia is a recognized financial expert, author, and educator with a strong focus on Bitcoin and macroeconomic analysis. He is the founder of The Bitcoin Layer, a research platform that offers insights into Bitcoin through a global macroeconomic lens. Bhatia is also an adjunct professor at the University of Southern California’s Marshall School of Business, where he teaches courses on fixed income securities and Bitcoin. He is best known for his book “Layered Money: From Gold and Dollars…

One in three retail investors is more likely to trust a financial influencer (or finfluencer) than someone from their immediate circle. It’s no wonder that the internet is full of experts offering their help in making money. Trading platforms and cryptocurrency exchanges are well aware of this, as affiliate marketing has long been an important way to acquire new customers. Now, one of them has decided to take it a step further by introducing a new model of influencer engagement. Moreover, in the first year, they want to give influencers the opportunity to earn up to $5 million. As many…

Bitcoin’s recent rally could be setting the stage for a downturn, as several indicators suggest. The recent distribution of BTC from Mt. Gox, coupled with the German government’s large-scale sell-off, initially dampened Bitcoin’s price but led to a temporary recovery. However, metrics such as the Net Unrealized Profit/Loss and Stochastic RSI are signaling potential declines ahead. The article examines how these factors might affect Bitcoin’s future movements. Table of Contents Mt. Gox distributions and German government sell-offs Entity-Adjusted Dormancy Flow as a predictor of Bitcoin market bottoms Net Unrealized Profit/Loss as a predictor of Bitcoin market tops Stochastic Relative Strength…

Cardano’s (ADA) Chang hard fork, arriving on September 1st, promises a shift in their blockchain governance, as per Dan Gambardello’s recent post on X platform. This upgrade has the potential to redefine Cardano’s position within the crypto space. Here’s the key takeaway: over $600 million worth of ADA (based on today’s price) will be placed entirely under community control. 🚨 CARDANO UPDATE! And I hope the VCs and institutions read this one…The Cardano Chang hard fork is set for September 1st and isn’t just another upgrade; it’s an actual turning point in crypto history.Please understand that over $600 million will…

The Maya Protocol has been successfully integrated with Radix, which enables trustless asset exchanges across multiple chains and unlocks new pathways for tokens of value (TVL) from supported chains to flow into the Radix ecosystem. The @Maya_Protocol integration with Radix is complete! 🌐Maya and Radix users can now trustlessly exchange assets cross-chain on platforms like @CacaoSwap 🍫, enabling more users and assets to flow between both networks Here’s the full details ⤵️https://t.co/qVrNhrfadu pic.twitter.com/uTiRQheZXR — Radix – Radically Different DeFi (@radixdlt) September 2, 2024 Maya Protocol is a friendly fork of THORChain that allows users to swap assets cross-chain, for example,…

1inch network recently purchased 7.96M 1inch tokens at $0.22 each. The 1inch network token spiked 1.08% in the past day, currently trading at $0.2382. The network recently launched 1inch Fusion 2.0, 1inch Shield API, and 1inch Card. 1inch Network is making significant steps in decentralized finance (DeFi) as a leading decentralized exchange (DEX) aggregator. The 1inch team recently spent $1.75M to purchase 7.96M 1inch tokens at $0.22 each. The team has invested around $5.49M since July 5, purchasing 22.4M tokens at an average price of $0.25 each. This follows a period from March 2023 to January 2024, during which the…

Tron (TRX), one of the most talked about names in the cryptocurrency world for years, comes to the fore with Justin Sun’s statements and altcoin moves. One of the projects of Justin Sun, who has made a name for himself with the projects he has released at this point, was Sun (New) (SUN). Justin Sun Reacts! Tron founder X reacted to those who made deliberate bad statements against the SUN token in a post he made on his account. He told these people that he would buy all the SUN tokens they had at $0.03. “To the haters and those…

Nexo, a prominent digital asset institution, has restarted UK client onboarding after a comprehensive overhaul of its platform to meet the rigorous standards set by the Financial Conduct Authority (FCA), the company revealed to Finbold on Tuesday, September 3. Starting today, Nexo is also launching a new initiative to help clients understand and navigate the FCA’s regulatory framework better. Nexo’s place in the UK market Supported by Gateway 21, a British financial promotion approver and long-standing partner, Nexo has taken several steps to keep up with the evolving UK market. These changes include the introduction of cool-off periods, specialized risk…

Bitcoin (BTC), the largest cryptocurrency by market capitalization, saw a sell-off during Sunday’s trading session. The selling continued, with Bitcoin reaching an intraday low of $57,663 in Monday’s trading session. At the time of writing, BTC was down 2.09% in the previous 24 hours to $59,450, down from its high of $62,755 on Thursday. According to on-chain analytics firm Lookonchain, institutions seemed to have temporarily stopped buying BTC, partly contributing to the price drop. In a tweet, Lookonchain wrote: “Institutions seem to have temporarily stopped buying, and the price of BTC dropped 4.5% today.We noticed that institutions stopped receiving USDT…

The new version features the Euler Vault Kit and the Ethereum Vault Connector designed to facilitate decentralized, non-custodial credit markets. Euler v2 goes live, introduces modular design and enhanced lending capabilities Euler v2 introduces a modular approach to DeFi, enabling a wide range of lending and borrowing options. The platform’s use of ERC4626 vaults allows for innovative collateral and liquidity solutio Euler Finance, a DeFi platform built on the Ethereum blockchain, announced today it has officially launched Euler v2, introducing advanced features like a modular design and enhanced lending capabilities. Modularity and flexibility have become essential to overcoming liquidity fragmentation…