Author: NBTC

The Worldcoin team, led by Tools for Humanity co-founders Sam Altman and Alex Blania, met with Argentinian President Javier Milei today. The meeting is one of the team’s efforts to garner global support for their project. At the meeting, among other issues, a Worldcoin investment in the country was discussed. Tools for Humanity, co-founded by Blania and OpenAI CEO Altman, is the main developer behind the Worldcoin (WLD) project. The meeting was shaped around the progress of artificial intelligence, humanity’s preparation for artificial intelligence and potential investments in Argentina. Worldcoin has faced scrutiny from various governments over its data protection…

Bitcoin miners rallied strongly in the first two weeks of the month. JPMorgan notes that U.S.-listed bitcoin miners’ share of the global hashrate hit a record 26.6%. Every miner except Stronghold Digital outperformed bitcoin over this period, the bank said. Bitcoin (BTC) mining stocks hit record highs in the first two weeks of this month as both pure-play and high performance computing (HPC) miners gained, JPMorgan said in a research report on Tuesday. “U.S.-listed miners’ share of the global hashrate reached a record 26.6%,” analysts Reginald Smith and Charles Pearce wrote, adding that this represented an encouraging gain of 2.4%…

Popular trader Peter Brandt, who has been in the business since 1975, recently shared some of his trading secrets that challenge conventional methods. In a recent X post, Brandt published a list of strategies that he does not use in his futures and forex trading. Thus, the trader emphasized that he avoids trendlines, most indicators, day trading and taking losses. He also ignores win rates, what his trading peers are doing and the fundamentals of the market. In addition, Brandt shared that he limits his risk to no more than 70 basis points per trade and does not worry about…

Pepecoin (PEPE) is currently larger than all the major non-fungible token (NFT) collections combined, user Stats highlighted on X. PEPE’s market cap is now over $6.2 billion and stands 10% above the total market cap of all profile picture (PFP) NFT collections. Moreover, PEPE is also outclassing major NFT collections by daily trading volume, exhibiting a $1.3 billion volume in the last 24 hours against $12.8 million moved by the blue chips in the NFT sector. Comparison between largest NFT collections and PEPE. Image: Stats/X Despite recent signs of strength, such as Bitcoin and Solana NFT trading volumes reaching weekly…

Investors gain access to bitcoin at below market rates via forward hashrate contracts directly from miners. Miners have immediate access to liquidity and can hedge against market volatility. Loka Mining has launched a protocol with a decentralized bitcoin (BTC) mining pool that allows miners to sell their future rewards to institutional investors at a discount and gives them instant access to cash for operational use. The product, in collaboration with sustainable miner Hashlabs, is likely to appeal to companies whose revenue has been hit by the recent halving, and offers a way of hedging against market volatility. Loka will launch…

Bitcoin analysts observe key support levels and potential rebound despite bearish sentiment. Amid the recent turmoil caused by selling activities, signs of stability and potential recovery are emerging. Notably, Rekt Capital and Ali Martinez have provided insights into Bitcoin’s current market dynamics, both long and short term. Rekt Capital recently highlighted Bitcoin’s initial signs of stability following a significant crash. He noted that Bitcoin is gradually approaching the downtrend marked by a light blue trend line. This trend line, showing lower highs and lower lows, represents a critical resistance level. The red-shaded area around the $72,500 level also indicates a…

Economic growth in G-7 countries boosts investor confidence in riskier assets like Bitcoin. Expected interest rate cuts from the Fed could increase Bitcoin demand. Stable U.S. stock market conditions indicate potential for a Bitcoin bull run. Bitcoin’s price dropped sharply, hitting a low not seen in four months at around $53,500, marking a decline of over 9.3%. Despite Germany’s significant Bitcoin sales and fears surrounding Mt. Gox’s liquidation, macroeconomic factors and ongoing risk appetite in traditional markets hint at a robust recovery. However, the broader outlook for Bitcoin suggests that once these specific supply pressures are resolved, the market could…

The tokens from the Bitcoin decentralized finance (BTCfi) sector are down 23.4% on average in 2024, according to data from Artemis. This contrasts with the hype shared by investors that the Bitcoin decentralized finance (BTCfi) ecosystem would rise this year. However, Charlie Hu, the co-founder of layer-2 blockchain Bitlayer, highlights that this narrative is far from dead and lists three reasons why BTCfi is lagging behind. “When BRC-20 came out, the market had almost zero hype as a whole. The Web3 space was in a bear market, and there weren’t too many things to talk about in the deep bear…

In a surprising turn of events, the price of the BOOK OF MEME (BOME) token has experienced a sudden drop despite starting the day with a significant surge. At press time, BOME price had dropped by 5.21% over the past 24 hours to trade at $0.01393. Earlier today, BOME price hit a high of $0.01592, instilling confidence in investors speculating on its future price movements following the success of a majority of Solana meme coins. BOME price rises as Solana meme coins soar BOME token has been enjoying a bullish resurgence alongside other meme coins within the Solana ecosystem with…

The wealth distribution in the Mt. Gox bankruptcy estate seemingly mirrors the wealth distribution seen in ‘real life.’ That’s to say, the top 1% own the most bitcoin. This unremarkable statement, however, is a little less descriptive of the Mt. Gox reality than it initially seems. Before long-awaited payouts commenced this summer, one researcher estimated that the top 1% of Mt. Gox creditors were entitled to the vast majority of its recovery. In the subsequent two years, however, some settlements and negotiations have added some nuance to this sensational claim. Most importantly, there have been years of settlement agreements between…