Author: NBTC

Ethereum continues to lag behind Bitcoin as investor concerns over supply dynamics and the increasing focus on memecoins dampen demand. Despite Ethereum’s dominance in the decentralized finance (DeFi) space, recent developments suggest that ETH may struggle to find a new growth narrative. According to Muneeb Khan, Kraken OTC Executive Director, while ETH remains the cornerstone of DeFi, ETH is “in search of a new narrative that will fuel its continued growth.” Khan also noted that the initial excitement over ETH’s deflationary potential has faded, contributing to its underperformance relative to Bitcoin. Layer-2 platforms like Arbitrum and Optimism, which help Ethereum…

2024 has proven to be a highly profitable year for investors in the stock and cryptocurrency markets. Aside from them, gold has reached its all-time high, and silver is trading in the green, making it an opportune time to consider investing. One of their staunch supporters and investors is Robert Kiyosaki, a famous finance author who has spent his career advocating against fiat money and proposing alternative ways of investment, calling them “real assets.” Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have found their place in his portfolio. Kiyosaki uses these assets as a means of deterrence…

Ripple has introduced a new feature in its Ripple Payments API that allows developers to test XRP transactions in real time without using real funds. Yesterday, leading American crypto fintech Ripple announced the “Try it Before You Buy It” feature for developers and intending customers. The firm added this feature to its API documentation to offer developers real-time experience testing the Ripple Payments services. Our new “Try It” feature in the Ripple Payments API documentation lets developers test API requests in real-time without logging in or using real funds. Available now as a lightweight testing tool, customers can “try it…

TL;DR Kraken added new EUR margin pairs, including SHIB/EUR, offering more trading options for European users. SHIB is gaining wider support, while the meme coin community aims to take control by the end of 2024. More Support for SHIB and Other Altcoins One of the leading US-based cryptocurrency exchanges, Kraken, expanded the list of margin pairs offered on its platform. Most recently, it added SHIB/EUR, NEAR/EUR, SEI/EUR, and PEPE/EUR. The euro (EUR) is the official currency of the Eurozone, which consists of 20 countries, including Germany, France, Spain, Italy, Austria, the Netherlands, and other strong economies. Kraken’s latest offering means…

NDapp.org has rolled out a series of updates to enhance user experience and functionality, including an initial Neo X integration, support for the NeoLine wallet Chrome extension, and new reference periods for dApp statistics. Neo X apps and dApps will begin showing up on nDapp as new projects are deployed on the Neo X MainNet. Several dApps, including Carrot Swap, ZNS Connect, and AsteroNEO, and one app, OwlX, have already been listed. Project information and social media links may be found, but statistics for Neo X projects are currently in progress. The updated design for dApp listings The GAS reward…

In an appearance on CNBC’s “Power Lunch” on August 20, Custodia Bank CEO Caitlin Long shared her insights on the current state of the crypto sector and her outlook on Bitcoin. Her comments provided a detailed perspective on what is special about Bitcoin and the unique position of Wyoming as a crypto hub in the United States. Custodia Bank is a Wyoming-based financial institution serving the cryptocurrency industry. It operates as a full-reserve bank, holding 100% of deposits and offering services like money market mutual funds and U.S. dollar deposits. Custodia has faced challenges, including a denied master account from…

Decentralized finance adoption has been slow due to security concerns about using the new technology, Zenrock says. Zenrock aims to address the one-point-of-failure risk with existing custody models by operating a decentralized MPC wallet. DeFi hacks remain a major threat to the crypto industry, according to blockchain security firm Halborn. Zenrock, the crypto custody platform built on the remains of Qredo, plans to ease concerns over the security of decentralized finance (DeFi) and accelerate the industry’s growth by teasing users away from centralized offerings with a safer way of looking after their assets. Investors use centralized exchanges (CEX) and exchange-traded…

CryptoPunks has reclaimed the top spot in daily sales on Monday, generating over US$1.6 million. The collection witnessed a total of 17 transactions, involving 14 unique buyers and 15 sellers, with an average sale price of approximately US$94,825. The second-ranking collection for the day is Solana Monkey Business, which belongs to the Solana blockchain. It recorded daily sales of US$953,143. with 91 unique buyers and 89 sellers across 216 transactions. This performance is a notable increase from the previous day’s sales of US$371,874. In third place, DMarket, operating on the Mythos Chain, generated US$663,200 in sales from 29,613 transactions. Other…

Vitalik Buterin has likely provided financial support to ethOS, a project promoted as the world’s first Ethereum mobile operating system. According to Arkham data, Ethereum (ETH) co-founder Vitalik Buterin sent 199.9 ETH, valued at over $517,000, to a Gnosis Safe multi-signature contract. The leading speculation is that Buterin’s transfer was a donation to the Ethereum phone project called ethOS. Built by pseudonymous developers at Freedom Factory, this open-source initiative was initially launched on select Android devices in late 2022 and redeployed the following year. ethOS is an Ethereum-native mobile operating system that allows users to write blockchain code and deploy…

Analytics account @lookonchain has published a Bitcoin and Ethereum ETF update for Aug. 21, showing that both on that day and over the past week, BlackRock’s ETFs have seen the largest inflows of Bitcoin and Ethereum. BlackRock beats rival crypto ETFs in BTC and ETH On Wednesday, BlackRock’s iShares’ Bitcoin ETF scooped up 933 BTC worth almost $56 million and currently holds a mind-blowing $21 billion in Bitcoin, which is 351,454 BTC. Positive inflows of the other spot Bitcoin ETFs constituted zero BTC, except for Bitwise, Invesco Galaxy and Grayscale. These ETFs saw outflows of 109 BTC, 214 BTC and…