Author: NBTC

Following spot Bitcoin ETFs, spot Ethereum ETFs were finally opened for trading today. Now we are wondering how much investment ETH ETFs will receive. At this point, while it was generally expected that ETH ETFs could experience a significant inflow, although not as much as Bitcoin, Citi estimated that ETFs could experience an inflow of 4.7 to 5.4 billion dollars in the first 6 months. While there is currently a decline expectation for the ETH price, Arkham announced the public addresses of ETF issuer companies. Arkham also revealed how much Ethereum the issuing companies have in their wallets. “We have…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! I am touching grass today, so Jeffrey is stepping in with the story of how transactions make it to the blockchain. It’s admittedly a little funny that all this complex infrastructure predominantly helps degens buy memecoins. It reminds me a bit of how liquor goes through a whole long distillation process just to get diluted by cranberry juice or coke. But I digress: The lifecycle of a Solana transaction Solana tends to be so fast and efficient that…

Nexo has renewed its SOC 2 Type 2 audit and completed a new SOC 3 Type 2 assessment, both with no exceptions. Demonstrating its dedication to data security, Nexo expanded the audit scope to include additional Trust Service Criteria, specifically Confidentiality.—Nexo is a digital assets institution, offering advanced trading solutions, liquidity aggregation, and tax-efficient asset-backed credit lines. Since its inception, Nexo has processed over $130 billion for more than 7 million users across 200+ jurisdictions. The SOC 2 Type 2 audit and SOC 3 report were conducted by A-LIGN, an independent auditor with two decades of experience in security compliance.…

Renowned gold and Bitcoin bear Peter Schiff stated that he believes the trend in Bitcoin may intensify while pointing out a critical support level that Bitcoin investors should make sure not to overlook. In case of a breakdown, his chart suggests that the digital gold may lose up to 60% of its value. Right now, the price of Bitcoin is slightly below the 200 EMA. This level has always been a reliable stopgap for a long-term trend, which makes it significant. Breaking below this mark could signal a more serious bearish trend and significant price drops. The bearish outlook has…

Today, Ethereum ETFs made their long-awaited debut on major stock exchanges. This article will analyze projected inflows for Ethereum ETFs and how they might influence the future price of ETH. By comparing the recent success of Bitcoin ETFs, we will explore the potential impact on Ethereum prices in the coming months. Table of Contents Understanding Bitcoin ETF inflows and their implications for Ethereum Academic insights into ETF effects on market prices Potential inflow scenarios for Ethereum ETFs Ethereum price impact analysis Understanding Bitcoin ETF inflows and their implications for Ethereum While Bitcoin ETFs have seen substantial inflows, expectations for Ethereum…

WAVES, the native token of the Waves blockchain platform, has demonstrated remarkable resilience following its recent delisting from Binance, the world’s largest cryptocurrency exchange. Despite the initial shock, the token has bounced back, showcasing strong market confidence and investor faith in the project’s long-term potential. Binance delisting and immediate impact In early June 2024, Binance announced the delisting of WAVES along with several other tokens, including OMG Network (OMG), NEM (XEM), and Wrapped NXM (WNXM). This decision was part of Binance’s routine review process to ensure that only high-quality digital assets are available on its platform. Factors cited for the…

Tortola, BVI – Tanssi, a leading appchain infrastructure protocol, has forged a groundbreaking partnership with Grupo Flow, Brazil’s major digital media ecosystem with over 23 million subscribers. —This collaboration marks a pivotal moment as Grupo Flow transitions into the blockchain arena with the launch of Flow Chain. Tanssi will facilitate this shift, connecting Grupo Flow’s extensive community to Polkadot’s dynamic ecosystem. The integration aims to enhance user engagement, expand audience reach, and unlock new monetization avenues for content creators.“The possibilities with our own blockchain are exciting. We’re thrilled to have Tanssi guiding us as we develop and deploy our new…

Vechain has recently announced that VTHO can be used to purchase carbon credits, marking a significant step for climate change and incentivizing initiatives enhancing practical solutions. Carbooneers have celebrated the sequestering of 220 carbon years, an effort that could be bolstered further through the purchase of the same using VTHO in their dApp. VeChain (VET) through its innovative technology across its ecosystem continues to play a key role in offering inclusive climate change solutions. Through its VeChainThor Energy project which is powered by the VTHO token and VET token, the network can empower carboneers as they champion progress on climate…

In a groundbreaking development for TON Blockchain, TON Core team, in collaboration with Tonkeeper, has announced the launch of the W5 smart wallet standard. This significant upgrade to the existing TON wallet smart contract introduces gasless transactions, providing a major boost to the usability and accessibility of TON ecosystem. The W5 smart wallet, originally developed by Tonkeeper team, has been approved as a standard by TON Core team. This new wallet standard supports all the basic functionalities of existing wallets, such as storing and transferring assets on TON. However, the key innovation of W5 is the ability to facilitate gasless…

The price of Ethereum (ETH) has entered an uptrend after breaking above the 50-day SMA on July 19. Long-term analysis of the Ethereum price: bullish On July 15, the bulls failed to sustain the price above the 50-day SMA and it remained between the moving average lines for the next five days. If the 50-day SMA support holds, the largest altcoin will try to rally. Ether will rise to the next resistance level at $3,730. Beyond that, the uptrend will continue to the high of $4,000. However, if the 50-day SMA support fails, the bears will push Ether back to…