Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Jack Dorsey Anticipates Bitcoin Replacing US Dollar Jack Dorsey, the cofounder of Twitter (now X) and CEO of Block (formerly Square), has expressed strong views on bitcoin’s potential to replace the U.S. dollar. He explained at a recent event in Italy that over time, people will come to…
How Will Spot Ethereum ETFs Affect Altcoin Prices? Two Analysts Offered Two Different Opinions!
While the cryptocurrency market is looking forward to the launch of spot Ethereum ETFs, it is expected to have a positive impact on altcoin prices, especially the ETH price. Darius Tabai, CEO of Vertex Protocol, an Arbitrum (ARB)-based DEX, also predicted that ETH ETFs could potentially have a positive impact on altcoins. Speaking to The Block, Darius Tabai said that spot ETH ETFs may be launched next Tuesday and the market could be caught off guard by the upward price fluctuation in Ethereum. “Given the turmoil and uncertainty around the launch of Spot Ethereum ETFs, I predict that the market…
Key Points: 21Shares launched AINJ, allowing users INJ exposure and staking rewards on major exchanges. With $3B+ managed and key crypto partnerships, 21Shares backs AINJ’s credibility. 21Shares AINJ ETP offers exposure in INJ on major finance venues, enabling staking for rewards. It’s backed by INJ in cold storage, making it efficient and accessible. 21Shares AINJ ETP Will Offer Staking Rewards Of INJ 21Shares just launched the AINJ, the Injective Staking Exchange-Traded Product, which will allow users to gain exposure in INJ on some of the largest traditional finance exchange venues and brokerages while staking their INJ to earn staking rewards.…
Marketing lead of the Shiba Inu team, known within the SHIB community as Lucie, has published a post to send a message to those inside the community who are criticizing both the SHIB team and their major creations – SHIB and layer-2 solution Shibarium. “Go ahead and do it yourself” Lucie published a message to address all those who have been pouring criticism on the Shiba Inu meme coin, the developer team behind it, as well as its ecosystem, including the layer-2 blockchain Shibarium. Lucie politely suggested that if these critics think they can do something better, instead of being…
Creditors of the defunct crypto exchange Mt. Gox are reporting numerous failed login attempts on their accounts. The situation arised as Mt. Gox started to repay its creditors. Someone is apparently trying to log into creditors’ Mt. Gox accounts amid ongoing bitcoin (BTC) repayments, with several Reddit users reporting as many as 22 failed attempts as of Thursday. “Just received 15 notifications for account log in. Now can’t get into my account. Is Mt. Gox under attack???,” claimed Reddit user ovkovk in a trending post on the r/mtgoxinsolvency forum. “Thank god at this point you can’t do payee info change.…
Founded in 2018, Starkware is an innovative company specializing in developing cryptographic-proof systems utilizing ZK-STARK technology. They design innovative solutions to increase blockchains’ scalability, security, and privacy. Starkware aims to build a faster, safer Ethereum layer-2 blockchain using ZK-STARK technology. Cairo, the company’s programming language, was launched in 2020. The launch was a key milestone in the company’s development. In June 2020, StarkWare introduced its first technology. It is the StarkEx, a scaling engine made in-house and used on Ethereum. Later, in November 2021, StarkNet’s Alpha was released on Mainnet. This expanded the company’s presence in the blockchain space. StarkWare:…
Bitcoin’s (BTC) price volatility continues to challenge investors. Early Monday, it fell to $54,200, negating gains from a peak of roughly $58,500 over the weekend. The last few hours have been particularly turbulent, with significant fluctuations and liquidations characterizing the market. Bitcoin Causes Liquidations of Over $100 Million in the Last 4 Hours Despite a promising attempt at recovery on Sunday, Bitcoin faced stiff resistance that led to a sharp decline. Within just four hours, the market experienced liquidations totaling $113 million, comprising $70 million from long positions and $42.64 million from short positions. Overall, nearly $250 million worth of…
The price of Ethereum (ETH) is on the verge of entering the positive trend zone. On July 15, the altcoin rose to a high of $3,500 before being rejected. Long-term analysis of the Ethereum price: bearish Buyers failed to sustain the bullish momentum above the 50-day SMA resistance and the $3,500 high. Today, the bulls are desperately trying to break the barrier at the recent high. On the upside, Ether will hit a high of $3,730 if buyers keep the price above the $3,500 resistance. If the largest altcoin fails to break above the recent resistance, we could see a…
The prominent Reddit community Superstonk is still abuzz with GameStop stock hype. But in Roaring Kitty’s recent absence, its users’ bold predictions are falling short, becoming a subject of ridicule for many posters. Predicting when GameStop’s share price could surge at a breakneck pace, several popular posts have penciled in pumps on specific days. While some of them have been nixed by Superstonk’s community moderators, the topic has become a running joke among its members. A price prediction, for example, stated that GameStop’s share price “will multiply” on Wednesday, pushing past $67 per share. It re-emerged after a user posted…
Events such as increased token burns, greater adoption and demand, and ecosystem development could see Shiba Inu target $0.001. Despite the prevalent market uncertainty, Shiba Inu (SHIB) has been at the center of several speculative price projections. One such projection sees it reaching $0.001, a massive growth from here. Bitcoin investor Armando Pantoja predicted in April that SHIB could hit the $0.001 mark this year. Currently priced at $0.00002568, Shiba Inu would need a substantial surge of approximately 3,794% to reach $0.001. Amid the growing speculation, we queried OpenAI’s ChatGPT on some factors that could make such a price possible.…