Author: NBTC

In the decentralized physical infrastructure networks (DePin) sector, several standout projects are significantly profiting. They have innovated ways to decentralize services such as telecommunications, graphic processing units (GPUs), and Internet of Things (IoT) devices. As these projects grow, their financial metrics, especially fees, attract investors and analysts. 3 DePin Projects With Highest Fees Customers use services and pay fees in fiat or native ecosystem tokens. This approach boosts the projects’ revenue and enhances token value through increased usage. Recent data from House of Chimera indicates that io.net (IO), Helium (HNT), and Akash Network led in fee generation over the past…

Reputed crypto and Bitcoin analyst shares his take on when altcoins will set new ATHs. He shares a report explaining how the crypto market is facing another correction phase. He encourages the crypto community to look at historic charts and make smart decisions. As the crypto market swings into another brutal market dip altcoin and Bitcoin holders everywhere try to keep their hopes up. Renowned analysts share their observations to find a source for the cause of the dip besides a simple correction phase. While some point to Bitcoin ETF trading as a reason, one reputed crypto and Bitcoin analyst,…

Ethereum ETFs saw $5 million in net inflows as Grayscale Ethereum Trust ended its outflow streak. Investors are accumulating Ethereum, as evidenced by increased outflows and declining reserves across ETH exchanges. Key technical indicators suggest Ethereum could decline 25% to approach the $2,000 psychological level. Ethereum is up more than 2% on Tuesday following minor inflows across ETH ETFs. ETH technical indicators suggest that its price could approach the $2,000 psychological level in the coming weeks, but investors’ accumulation may prevail due to key on-chain metrics. Daily digest market movers: ETH ETF flows, investor accumulation Ethereum ETFs recorded minor net…

The Philippines’ Department of Finance (DOF) Secretary Ralph Recto has underscored the critical role of the Bureau of Internal Revenue (BIR) in ensuring the government meets its fiscal targets, emphasizing that sustained improvements in revenue collection are essential for economic growth and national development. Speaking at the BIR’s 120th anniversary earlier this month, Recto highlighted the importance of digitalization in achieving these goals. “For the truth is, when fiscal targets are not met, it is the people who pay for such failure,” Recto stated in his keynote speech. “Projects that would improve their lot today are denied of funding, creating…

Today, Tezos has presented the new smart rollup “Jstz” based on Java, for its new version of super scalable and interoperable blockchain Tezos X. Jstz is capable of vertically attaching to layer-1 and enhancing the user experience. The new L2 solution supports the onboarding of the next wave of web3 developers, implementing the well-known Javascript language, eliminating the need for libraries and various SDKs. Let’s see all the details below, The super-scalable blockchain Tezos X: the transition from monolithic to modular Tezos blockchain: announced the launch of the smart rollup “Jstz” with Java support The new smart rollup by Tezos…

Bitcoin’s price recently dropped below $65,000 for the first time since May 15, surprising many in the cryptocurrency community. This downturn contradicts the bold predictions from Crypto Twitter, which had anticipated Bitcoin reaching $1 million following the U.S. SEC’s approval of spot Bitcoin ETFs. In this blog post, we’ll explore why these optimistic forecasts have not yet materialized and what the future might hold for Bitcoin. The Hype Around Spot Bitcoin ETFs The approval of spot Bitcoin ETFs by the U.S. SEC was hailed as a significant milestone for the cryptocurrency market. Proponents argued that these ETFs would provide institutional…

BlockTower Capital, a venture capital firm, completed a substantial transaction of Ethereum (ETH), which was valued at $25 million. Ethereum price action could see some waves amid the big moves. The market landscape has been rattled by tremors of speculation amid the liquidation of 9,232 ETH. This was transacted across multiple established crypto trading platforms. This significant divestment by BlockTower Capital has occurred in the context of a broader market unease. As Ethereum price is currently experiencing rejection at the $2,700 resistance level. This development has significant implications for the future trajectory of the leading altcoin. BlockTower Capital’s Ethereum Liquidation…

Robinhood Markets (NASDAQ: HOOD) has released its monthly operating data for July 2024, showcasing strong growth across multiple key metrics, especially compared to the same month a year before. The company, known for its commission-free trading platform, continues to expand its user base and financial footprint in the fintech landscape. Robinhood reported a total of 24.2 million funded customers at the end of July, marking an increase of approximately 70,000 from the previous month and over one million compared to the same period last year. This steady growth in the customer base underscores the platform’s ongoing appeal to retail investors.…

Meme coins are soaring while Bitcoin takes a heavy hit amid selling pressure from the German government and Mt. Gox refunds. Most significantly, BONK has jumped 12% over the past 24 hours. That’s seen BONK edge past Dogwifhat (WIF) as it fell 3%, making it the largest Solana meme coin by market capitalization. Similarly, Base chain meme coin Brett (BRETT) leaped 8.6%, Ethereum-based Mog Coin (MOG) climbed 6%, and Apu Apustaja (APU) soared 15%. Despite this the tokens are still down over the week, along with the rest of their meme coin competitors. In recent weeks, the German government started…

Confiction Labs, the developer behind the Web3 co-op multiplayer shooter Riftstorm, has introduced a new in-game verification system aimed at curbing what it views as increasing bot activity in the sector. The initiative, dubbed “Proof of Exposure,” integrates non-fungible tokens into the game’s lore as a method to distinguish genuine players from automated bot accounts. The move comes as Web3 games grapple with a rising bot problem, with a recent report from marketing platform Cookie3 suggesting that up to 70% of airdropped rewards are funneled to bot accounts. Confiction Labs, which recently rebranded from Mythic Protocol, claims its new verification…