Author: NBTC

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Arcana is pioneering web3 accessibility with 100+ partners and 21,000+ SDK downloads, driven by its unique chain abstraction solution. Arcana, a network committed to making web3 more accessible, consistently stands out with its tools that empower the developers of the future. With over a hundred partners and more than 21,000 SDK downloads, Arcana has enabled the creation of more than 2,000 applications. A notable application is its chain abstraction solution, a user-centric protocol that eliminates the need to deal…

Bitcoin appears ready to break out, despite recent selling pressure that has dampened its short-term performance. The pressure came after the announcement that creditors of the defunct Mt. Gox exchange would be receiving about $9 billion in Bitcoin. And then Germany started dumping its billions of dollars in seized BTC. This caused concerns about an influx of supply hitting the market, causing Bitcoin to pull back in recent weeks. New all-time high when? But let’s get real here. Bitcoin has a knack for bouncing back stronger. According to Inside Edge Capital, it might have just found solid footing in the…

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the course of action that Nayib Bukele has taken regarding price gouging and speculation practices in El Salvador, and how he has compared himself to Hugo Chavez and even talked about Karl Marx’s utopia satirically. Hugo Chavez and Karl Marx: Bukele Mocks Opposition While Taking Measures to Fight Speculation President Nayib Bukele made the headlines this week after he announced that his next battle would be against food speculators and wholesale distributors who gouge prices in…

MEW, a cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. MEW is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and TV series primarily in the Korean market. After raising about $17.5 million in investments in their pre-IPO process last year, LOCUS is set to IPO early next year, with a focus on expanding internationally. MEW aims to become the highest viewed and most recognized memecoin among fans in a worldwide audience. By expanding its digital media presence with LOCUS’s…

South Korean cryptocurrency exchanges are racing to implement new monitoring systems as the country’s first comprehensive law on virtual asset user protection is set to take effect this Friday, on July 19. The Virtual Asset User Protection Act (VAUPA) introduces stringent regulations aimed at preventing unfair trading practices in the crypto market. The new legislation requires crypto exchanges to establish robust monitoring mechanisms to detect and report suspicious activities to financial authorities. It specifically prohibits the use of insider information, market price manipulation, and fraudulent transactions. Dunamu, operator of South Korea’s largest cryptocurrency exchange, Upbit, is one of the first…

Value DEX, a prominent decentralized exchange offering smooth trading on EVM chains and Solana, has announced a new collaboration. As per the company, it is joining forces with BlackCardCoin, a cryptocurrency credit card enabling seamless transfers by backing payments for major platforms. The firm took to its official social media account on X to give more details about this partnership. 🟦 WELCOME ONBOARD !!!@BlackCardCoin introduces a disruptive financial model that transcends the limitations of current blockchain infrastructures. It is designed from the ground-up to address inherent challenges in transaction speed, scalability, and cross-chain… pic.twitter.com/MPitdNWr0P — Value DEX – Valu.so (@valu_so)…

Key Points: BlackRock spot Bitcoin ETF saw significant inflows of $121.3 million today and $187.2 million on July 8. Grayscale’s Bitcoin Trust lost $37.5 million, continuing its struggle amid June’s tough market for Bitcoin ETFs. Ethereum is also recovering as VanEck and 21Shares file new spot ETF registrations following SEC amendments. After a stretch of lackluster performance, BlackRock spot Bitcoin ETF experienced a significant uptick, with $121.3 million in inflows today. BlackRock Spot Bitcoin ETF Sees Major Inflows Amid Market Recovery This follows another substantial inflow on July 8, amounting to $187.2 million, as reported by Farside Investors. The recent…

The floor price of original Trump Digital Trading Cards has shot up to a new all-time high following a failed assassination attempt against the former U.S. president. The non-fungible token collectibles on the Ethereum sidechain scaling solution Polygon rose to as much as 933 MATIC ($502), according to data collected from multiple NFT marketplaces. That has since cooled, with its floor price hovering around 762 MATIC ($410), data from NFT marketplace Magic Eden shows. Just days prior, those same NFTs were trading for roughly half that, at $228 apiece. The second series of Trump Digital Trading Cards also rose 20%…

Investors haven’t been able to get their money out of Anthony Scaramucci’s crypto fund. As of Thursday, Bloomberg reports that over two-thirds of the shareholders of his $1.6 billion crypto fund had filed for redemption of their shares — and were still waiting to get their money out. Private wealth clients at Morgan Stanley made a large number of those redemption requests. His fund delivered flat performance from April 1, 2019, through March 31, 2024. Over that same five-year period, bitcoin rallied 10X. So, how is it possible for SkyBridge to have delivered near-zero annualized returns for five years while…

The development arm of the Shiba Inu ecosystem has released a new update for Shiba Eternity, the cryptocurrency’s card collectible game (CCG). Latest Features in Shiba Eternity According to an X post shared by Shiba Eternity advisor Mazrael, the team has released v1.2.8, dubbed “Balancing Act.” The update brings a plethora of enhancements to Shiboshis, especially balancing its powers. This suggests that the developers tweaked and modified the abilities of the Shiboshis collectibles to ensure fairness within the game. “See you in the Dogjo!” said Mazrael, as part of efforts to invite players to explore the latest changes in Shiba…