Author: NBTC

The organizer of The Bitcoin Conference just announced that former US President Donald Trump will be one of the speakers at the event. This event, set to take place from July 25 to 27 in Nashville, Tennessee, is one of the largest gatherings of Bitcoin enthusiasts and industry leaders globally. This announcement has sparked remarkable enthusiasm among the crypto community. Trump’s Crypto Campaign Gains Momentum Amidst Political Rivals According to the event organizers, the presumptive Republican presidential nominee will address the audience on July 27. In addition to Trump, other US politicians, including presidential candidate Robert F. Kennedy Jr. and…

CleanSpark stock has the potential for an upside despite the mixed earnings in its most recent financial report. H.C. Wainwright analyst Mike Colonnese reiterated the firm’s “buy” rating with a $27 target price for the shares of the Bitcoin (BTC) miner. The analyst reaffirmed CleanSpark’s buy rating in a note shared with crypto.news on Aug. 12. Analyst reiterats ‘Buy’ Rating for CleanSpark Despite the mixed third quarter 2024 financial results, H.C. Wainwright says the revenue growth of 129% year over year aligned with their estimate. CLSK, which hovered near $10.95 at the time of writing, also has upside potential given…

The price of Bitcoin, the largest cryptocurrency by market cap, is losing ground despite the strength of the US stock market. The flagship cryptocurrency slipped to an intraday low of $64,544 after reaching a peak of $66,436, according to CoinGecko data. The recent bearishness could be related to the Bitcoin selling spree initiated by the German government. According to data provided by analytics platform Arkham Intelligence, the German government sent $65 million to two likely exchange deposits including Coinbase. Notably, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, has noticed that selling pressure is primary origination from…

The DeFi Education Fund said it purchased a patent from True Return Systems that will end litigation against MakerDAO and Compound Protocol. The patent in question is a “method and system for separating storage and process of a computerized ledger for improved function.” The patent was approved by the US Patent and Trademark Office back in 2018. On Monday, DEF said it had “reached an agreement” to purchase the patent from TRS, leading to the immediate dismissal of the cases. Read more from our opinion section: Crypto can benefit from patents without losing its open source ethos DEF said it…

Ethereum’s base fees have reached a multi-year low of just 0.8 gwei, according to the most recent data. Users are supposed to pay for transactions with gas fees. In such a way, it is possible to make sure that the network remains resilient to spam. The base gas fee is the minimum amount of gwei that users are supposed to pay for a transaction to be valid. In addition, users can pay higher fees if they want their transactions to be included in the next block. Ethereum fees depend on the level of demand for the network. Ethereum gas fees…

DWF Labs, the Web3 investment firm, is set to become the market maker for TrueFi, a leading DeFi lending platform. This partnership, formalized through a recent governance proposal passed on July 10th, highlights the increasing maturation of the DeFi sector and the potential for traditional financial players to play a more active role in this rapidly evolving landscape. 咦，我发现了什么🤨「DWF Labs 成为 $TRU 做市商」会成为近几天的新闻标题之一吗？时间线整理1️⃣ 05.27 论坛发起提案，提议由 DWF 作为其做市商2️⃣ 07.02 提案在 Tally 开启投票，07.10 全票通过并执行3️⃣ 地址 0xBbc…99E72 13 小时前收到了 TrueFi 项目方分发的 750 万枚 TRU，与提案数量相符 https://t.co/pH7AMo3lJ1 pic.twitter.com/lXABHGx8Rf — Ai 姨 (@ai_9684xtpa) July 11, 2024 Notably, the proposal to appoint DWF Labs as the market…

A widely followed crypto analyst is issuing a warning about Bitcoin (BTC), saying the crypto king could see a sharp decline in price if one other major market crashes. In a new strategy session, crypto trader Justin Bennett tells his 110,800 followers on the social media platform X that BTC and crypto in general will get hammered if the stock market crashes. “Crypto bulls better pray the stock market doesn’t roll over because the recent relative weakness suggests the crypto market will get hammered if it does.” According to Bennett, if Bitcoin’s latest price drop was a fakeout or a…

Interoperability has long been considered the white whale of Web3, the key to maximizing the potential of DeFi’s parallel financial ecosystem. Despite the industry’s impressive growth, many believe that without the ability to smoothly exchange data, assets, and value across networks and protocols, DeFi will only ever constitute a drop in the ocean that is the wider financial world. In fairness, developers have spent the last few years attempting to solve the interoperability quandary, whether through cross-chain bridges, sidechains (separate blockchains anchored to a primary network) or interoperability communication protocols like the IBC, which facilitates cross-chain interactions for over 110…

The dynamics of memecoin trading are coming to NFT markets. Zora announced the launch of onchain secondary markets with Uniswap for its NFT collectibles last week. This is enabled by a new “ERC-20z” token standard, an extension from the ERC-1155 standard that effectively wraps and unwraps an NFT so it becomes tradable like a standard ERC-20 token. Zora’s new token standard addresses a typical pain point of NFT mints, namely the lack of liquidity to make NFTs tradable on a secondary marketplace after the mint closes. Read more: Web3 Watch: A second Trump token fiasco To bootstrap initial liquidity, the…

James Fickel is the founder of the Amaranth Foundation, funding longevity research, and the world’s fifth richest known crypto investor. Fickle has partially closed a multi-millionaire long Ethereum (ETH) position against Bitcoin (BTC) on August 10 as BTC overperformed ETH. According to a Lookonchain report, the Amaranth Foundation’s founder started opening long positions on Ethereum against Bitcoin on January 10. These positions used an advanced decentralized finance (DeFi) strategy of lending, borrowing, and trading one asset against the other. Essentially, James Fickel provided lending liquidity on Aave (AAVE) to use as collateral to borrow 3,061 Wrapped Bitcoin (wBTC). He then…