Author: NBTC

The story of the most iconic project in crypto-art begins in a gloomy neighborhood in Brooklyn. “The most polluted waterway in the whole country,” Matt Hall says of the surroundings that inspired his work with Larva Labs co-founder John Watkinson in the new documentary “What the Punk.” This 80-minute tale of counterculture follows two humble Canadian programmers who started experimenting with tech and art in 2005, and are now featured in Centre Pompidou in Paris, where CryptoPunk #110—donated by current IP owner Yuga Labs—has been exhibited since 2023. In the late 2000s, while developing mobile apps, Hall and Watkinson started…

Ether spot ETFs net inflows are likely to be 30%-35% of bitcoin equivalents, the report said. Citi said this gives a range of $4.7 billion-$5.4 billion of potential net inflows into ether ETFs over six months. Flows could underwhelm due to a lack of staking and bitcoin’s first-mover advantage, the bank said. Spot ether (ETH) exchange-traded funds (ETFs) in the U.S. could see net inflows at just 30%-35% the levels of spot bitcoin (BTC) equivalents, with distribution skewed to the downside, Citi (C) said in a research report last week. That level gives a range of $4.7 billion to $5.4…

Austin Federa, a strategist at the Solana Foundation, recently offered insights into Solana’s future on a video shared by Altcoin Daily. Solana, the fifth-largest cryptocurrency by market capitalization, boasts the title of the fastest system in the blockchain industry. This speed and scalability, reminiscent of Web 2 enterprises, have made it a top choice for developers, especially newcomers to the space. This advantage has translated into widespread adoption by developers, strengthening Solana’s community and attracting new projects. A key update is the Fire Dancer program, aiming to significantly increase the network’s capacity by a factor of 100. This initiative underscores…

Asset tokenization refers to the process of converting rights to an asset into a digital token on a blockchain. This practice has gained significant traction in recent years, particularly on the Ethereum blockchain, due to its ability to revolutionize traditional finance. This article explores the current state of asset tokenization on Ethereum, its advantages, and the future trends and challenges in this space. Talking about Ethereum often reminds me of the Ethereum Code which is a game changer as it is helping investors to gain investment education. Current State of Asset Tokenization on Ethereum Numerous asset classes are being tokenized…

The crypto market has been riding a rollercoaster of emotions, swinging between neutral, fear, and greed over the past few weeks as volatility tightens its grip. Major cryptocurrencies have seen double-digit drops, suggesting that investors are cashing in on earlier gains. According to the “Fear and Greed Index” by alternative.me, the last time market sentiment reached “Greed” was on June 24, fueled by the approval of spot Bitcoin ETFs by the SEC in January. However, Bitcoin’s subsequent drop to $58,000 from $63,000 quickly turned the mood bearish. Bitcoin Fear and Greed Index is 55. GreedCurrent price: $63,619 pic.twitter.com/wOt5v5bc5N — Bitcoin…

The United States Securities and Exchange Commission (SEC) has reportedly given “preliminary approval” to at least three asset managers for their spot Ether exchange-traded funds (ETFs). This development has increased speculation that the ETFs will begin trading as early as next Tuesday. According to a July 15 report by Reuters, the SEC approval is now only contingent on the applicants submitting final offering documents to the regulator before the end of this week. The report cited three industry sources. Ether ETFs Launch Imminent The asset managers mentioned in the report include BlackRock, Franklin Templeton, and VanEck. Additionally, Fidelity, ARK 21Shares,…

Ripple invests an undisclosed amount in Hong Kong-based Web3 messaging and social platform beoble. Leading crypto payments company Ripple has invested in beoble, a Hong Kong-based Web3 wallet-to-wallet messaging and social app. beoble disclosed this in a recent X post, emphasizing that the investment would help it seek ways to launch its service on the XRP Ledger (XRPL). “We want to show great appreciation to the RippleX for supporting our journey,” beoble said in a statement. beoble🤝@Ripple@beoble_official team is now officially backed by @Ripple🥳With the new funding from @Ripple, beoble will seek ways to debut on @XRPLF🔥We want to show…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Access to clean water is a fundamental human need, yet billions of people worldwide still struggle to obtain it. According to the World Health Organization, over 2 billion people live in countries experiencing high water stress, and this number is only expected to grow due to climate change and population growth. You might also like: Creating a resilient and sustainable blockchain-as-a-service for all | Opinion Traditional water management systems have struggled to address these challenges, often hampered…

A closely followed crypto analyst and trader is warning that Bitcoin (BTC) could correct deeper in the near term. Pseudonymous trader The Flow Horse tells his 220,900 followers on the social media platform X that he believes Bitcoin may decline to the lower $50,000 range. “Unhedged some 20% of those $69,000 sells because although I think we go deeper, I know the only prices I can guarantee are the present. If we have a strong reclaim above $60,000, I will long it all with extra exposure. If we continue down toward low $50,000s, I will tranche buys and evaluate on…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Defi promises a future free from centralized control. It has unlocked a new world where you can borrow money without a bank, earn interest on your crypto holdings at rates exceeding traditional savings accounts, or trade assets directly, peer-to-peer, without relying on intermediaries. One of defi’s key incentives is to break down barriers that have excluded vast parts of the global population from financial services. You might also like: Defi needs some fine-tuning before it can replace…