Author: NBTC

As global markets navigate the challenges of rising geopolitical tensions and evolving economic policies, investors are increasingly focused on safeguarding their wealth against inflation. Traditionally, gold has been the go-to asset for this purpose, but Bitcoin (BTC) has recently emerged as a potential alternative. In this context, Finbold consulted ChatGPT-4o for insights to better understand which asset offers superior inflation hedge potential in today’s complex economic landscape. ChatGPT’s analysis: Stability vs. growth potential Gold has long been revered as a safe-haven asset, especially during times of economic uncertainty and geopolitical unrest. Its recent surge to over $2,500 per ounce further…

NFL Rivals, an officially licensed mobile football game from Mythical Games, announced Friday that its second in-game season will launch on September 5 alongside the real-world season kickoff of the National Football League (NFL). Mythical Games said that the mobile game attracted over 5 million downloads and more than 115 million games played in its first season. Its second season, called “Year 2,” will introduce new game modes, “distinctive” pack drops, and new ways for fans to engage with the sport. Earlier this week, Mythical also announced that it has inked a deal with the current Super Bowl champions, the…

A cryptocurrency whale has sold off tens of millions of dollars worth of Solana (SOL) since the year started, on-chain data shows. According to blockchain tracker Lookonchain, the whale initially sold the first batch of SOL on January 15th. Over the ensuing weeks and months, the whale unloaded 614,000 SOL worth $89 million on Coinbase, OKX and Binance crypto exchanges, per on-chain data. Source: Lookonchain/X The whale has averaged one sale per week, according to Lookonchain. Source: Lookonchain/X Looking closer at on-chain data, it appears that a stash of approximately 100,000 SOL was withdrawn from staking platforms over the last…

OpenAI, the leading AI research firm, is currently negotiating a new funding round projected to exceed billions. The company aims to achieve a staggering valuation of more than $100 billion amidst a booming interest in artificial intelligence technologies. This latest funding endeavor is anticipated to include participation from significant players such as Thrive Capital and tech powerhouse Microsoft. OpenAI is on the brink of raising substantial funds that could propel its valuation past $100 billion, marking a pivotal moment for the AI landscape. OpenAI’s Ambitious Funding Initiative In a recent report by the Wall Street Journal, OpenAI is in the…

Ripple has prepared its treasury account for a significant monthly XRP selling activity. The company has reserved 300 million XRP tokens worth $145.50 million for its sell-off in July. Every month, Ripple, the largest XRP holder and entity behind the XRP Ledger development, sells part of its reserves, inflating the circulating supply. As usual, the company unlocked 1 billion XRP, worth $485 million, on July 1. This happened through the XRP Ledger escrow system from two labeled accounts: ‘Ripple (24)‘ and ‘Ripple (25).’ However, in addition to the usual 200 million tokens sent to the treasury each month, the alternative…

Coinbase CEO Brian Armstrong has introduced a new on-chain address score checker website that allows users to check their on-chain activity on Ethereum and Base. The platform provides metrics such as transaction counts and active days, with future updates expected to support Ethereum Name Service (ENS) and Base domains. The launch comes as Armstrong continues to champion mainstream crypto adoption, particularly through payments. Speaking on the “Moment of Zen” podcast, Armstrong highlighted the critical role payments play in enabling crypto’s global reach. “Everyone in the world has to make payments pretty much every day,” Armstrong said, pointing to the potential…

Nilekani highlights tokenization as a way to secure digital assets, bridging traditional finance and blockchain technology. Unified ledgers enable seamless, high-trust transactions across different platforms, enhancing asset management efficiency. Nilekani emphasizes the importance of combining cryptography with traditional finance to create a scalable, secure system. Nandan Nilekani, Chairman of Infosys, has shed light on integrating cryptography and blockchain into traditional financial systems. He emphasized that the Internet empowers individuals to manage a wide range of assets, including user-controlled content, NFTs, and regulated assets like financial products. Chairman of @Infosys Nandan Nilekani on Integrating Cryptography, Blockchain into Traditional Finance. pic.twitter.com/GO3C1eEasb —…

Interestingly, crypto market maker Wintermute dumped almost the entire altcoin in its portfolio onto Binance, according to Onchain data. According to the data, Wintermute moved his 2,617 Wrapped Bitcoin (WBTC) to Binance. The total market value of these altcoins is at $155.27 million. Although WBTC is technically an altcoin, it can be defined as a version of Bitcoin that is locked in a specific smart contract and distributed to users instead of a version that can be used on DeFi platforms. However, WBTC is seen as a worthless altcoin, especially by BTC maximalists. WBTC is actually a cryptocurrency that has…

The cryptocurrency market is drawing significant attention, with recent developments suggesting potential upward movement for Ethereum. The shift in investor sentiment from selling to buying could benefit Ethereum’s price, which has been under pressure recently. A notable decline in realized losses, which peaked at an 11-month high a fortnight ago, indicates a possible turnaround for the digital asset. Let’s delve into what the future holds for Ethereum. Is Ethereum Gaining Momentum? Ethereum, currently trading around $2,500, might be on the verge of a rebound. The altcoin has been consolidating below $2,681, searching for a breakout. Recent selling pressure, causing substantial…

Nvidia (NVDA) reported stronger-than-expected earnings during the quarter ending June but stocks of the AI giant fell by over 8%. The company posted earnings per share (EPS) of $0.68, surpassing expectations of $0.65. The stock reaction has wiped out around $250 billion in market capitalization within minutes of the earnings call. Wall Street now awaits Blackwell, the next-gen AI chip, to hit the markets. NVDA stock fell by at least 8% Shares of AI chipmaker Nvidia fell by at least 8% in extended trading, wiping $250 billion in market cap. The market reaction comes after the company reported revenue growth…