Author: NBTC

Ethereum Name Service has surged 7.6% over the past day, making it the top gainer among the largest 100 crypto assets amid a general downturn in the global crypto market. At the time of writing, Ethereum Name Service (ENS) was trading at $27.32, marking a 4.4% increase in the last 24 hours, according to data from crypto.news. With a circulating supply of 32.8 million ENS, the project’s market cap stands at $896 million. ENS price chart | Source: TradingView Despite this recent price increase, ENS remains down 68% from its all-time high of $85.69, achieved on November 11, 2021. Meanwhile,…

Web3-centric SaaS platform Blocksquare announces the release of marketplace pool funding round with Pieme, a blockchain platform enabling hotel investment. New pool will democratize the access to fractionalized investing in real estate and unlock new opportunities for RWAs segment globally. Blocksquare, Pieme announced marketplace-type pool for investing in hotels Slovenia-headquartered SaaS service Blocksquare and fractionalized investments platform Pieme announced today that its joint marketplace pool kicks off. New instrument at the intersection between DeFi and RWA is set to change the way retail investors might take part in funding rounds in hotels segment. We are closing in on tokenizing 0.00002%…

Following Bitcoin’s (BTC) dip below the $60,000 level, analysts are warning that the crypto king is at risk of moving even lower. The analyst pseudonymously known as DonAlt tells his 566,900 followers on the social media platform X that Bitcoin could remain bearish unless it reclaims a key level as support on the weekly chart. “BTC update: shitty bearish retest did its job. Not sure if shitty support is gonna do its job again. Makes sense to be cautious everything until $63,800 is regained or until lower supports are hit. Until then assuming risk is off.” Source: DonAlt/X Bitcoin dipped…

Tomorrow is a big day for Ethereum. Eight spot Ethereum ETFs are set to start trading. Grayscale, Fidelity, Invesco, VanEck, Franklin Templeton, 21Shares, Bitwise, and iShares (BlackRock) are the issuers. Let’s talk about what you should expect from both the stock and crypto markets once they go live. Analysts believe that these ETFs could affect ETH’s price more than Bitcoin’s did to it. This is because of Ethereum’s lower inflation rate, lower staking costs, and the fact that 28% of ETH is staked. Some predict that ETH could see a modest price increase in the beginning. But as investors move…

The Philippines has also set its sights on releasing its own central bank digital currency (CBDC) by 2029 to create a wholesale form of currency. Project Agila, the initiative of the country’s central bank, is steadily approaching the Proof of Concept stage. This initiative will investigate improving payment systems through the use of blockchain. Philippines Nears Launch of CBDC Initiative To meet the interest of developed economies worldwide in digital currencies, the Bangko Sentral ng Pilipinas (BSP) introduced Project Agila. First proposed in December 2022 as Project CBDCPh, it was renamed in September of the following year. The project uses…

Harris has now been endorsed by a majority of Democratic delegates. The current Vice-President needed the majority to become the Democrat frontrunner. Market odds and memecoins related to U.S. Vice President Kamala Harris surged as the latest donation round tied to the Democratic campaign raised $81 million in 24 hours, boosting sentiment among some traders. Odds of Harris being announced as the Democratic nominee jumped further to 90% on crypto betting application Polymarket, rising from 80% on Monday to set a new peak. Bettors previously placed just 8% odds at the start of July, but that changed as incumbent Joe…

Zug, Switzerland – Backed, a leader in the tokenization of real-world assets (RWAs), and Lisk, a Layer 2 blockchain focused on bringing Web3 adoption to emerging markets on Ethereum, have announced a strategic partnership. This collaboration aims to accelerate the adoption of RWAs and promote financial inclusion in emerging markets.—By combining Backed’s expertise in real-world asset tokenization and Lisk’s robust blockchain ecosystem, the partnership seeks to drive RWA adoption across various applications. The focus is on emerging economies, where there is significant potential for economic growth and financial inclusion.The companies will explore integrating Backed’s RWA solutions with the Optimism Superchain…

A group of Bitcoin Core developers has introduced a comprehensive security disclosure policy to address past shortcomings in publicizing security-critical bugs. This new policy aims to establish a standardized process for reporting and disclosing vulnerabilities, thereby improving transparency and security within the Bitcoin ecosystem. Several previously undisclosed vulnerabilities are also included with the announcement. What is a Security Disclosure? A security disclosure is a process through which security researchers or ethical hackers report vulnerabilities they discover in software or systems to the affected organization. The goal is to allow the organization to address these vulnerabilities before they can be exploited…

Ethereum exchange-traded funds will finally hit U.S. markets tomorrow after the Securities and Exchange Commission said yes to the products in May and signed them off for trading today. The Bitcoin equivalent has been a roaring success following its launch in January. The funds—which allow investors to buy shares that track the price of the cryptocurrency—received lots of attention as traditional investors previously spooked by the complex crypto space could finally get exposure to an asset on a traditional stock exchange. So will traders repeat the rush and flood the new Ethereum funds with cold, hard cash? Can we look…

Ego Death Capital, a venture capital fund focused on investing in Bitcoin technology startups, has announced the successful first close of its $100 million second fund. The fund has already secured $43.35 million in commitments from investors, underscoring strong interest in backing the next wave of Bitcoin companies. Ego Death has previously backed leading startups like Relai, Breez, Fedi, LN Markets, and more. Founded by Jeff Booth, Andi Pitt, and Nico Lechuga, Ego Death Capital targets Series A investments in rapidly scaling Bitcoin startups with this fund. Preston Pysh and Lyn Alden have also recently joined them as a General…