Author: NBTC

Neo has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The two entities will collaborate on exploring how AI can accelerate blockchain technology and drive mass adoption on Neo X. The Phoenix ecosystem comprises two main components: SkyNet and Phoenix LLM. SkyNet is an elastic computer layer capable of providing and scaling workflow tools, quick deployment features, and AI compute. Phoenix LLM is a customizable large language model platform that can process and generate text similar to that produced by humans. The Phoenix team aims to build solutions that apply to the following verticals: markets and trading,…

A popular crypto analyst thinks that Bitcoin (BTC) will likely continue to trade close to its record highs at the expense of altcoins. In a new YouTube video, Benjamin Cowen tells his 801,000 subscribers that he believes the only reason Bitcoin is still above $60,000 is because traders are moving money from altcoins into BTC. Cowen warns that Bitcoin and the rest of the crypto markets will likely witness a larger correction once liquidity in the altcoin markets is exhausted. “My base case, and I’ve been saying this for months, is that Bitcoin chops the altcoin market up, up here,…

Bitcoin (BTC), the first and largest cryptocurrency by market cap, neared $72,000 during the Tuesday trading session, reaching intraday highs of $71,980. The largest cryptocurrency asset extended its surge from Monday’s session, when its price increased from $66,057 to $71,560, its highest level since early April. Crypto prices rose on hints of progress toward U.S. approval of exchange-traded funds investing directly in Ethereum, a departure from a more pessimistic outlook last week. The market-moving ETF speculation is reminiscent of the investor excitement that greeted comparable U.S. Bitcoin ETFs, whose January debut fueled a rally in the largest digital asset to…

Crypto King, a widely followed crypto analyst and angel investor, has expressed confidence that Shiba Inu will stand out among the numerous investible meme coins in the market. The prominent investor voiced this sentiment in a recent post on X, countering a critical view that Shiba Inu would become extinct within the next five years. The critic argued that only two or three meme coins would remain in the top 50 rankings, predicting that SHIB would lose the majority of its value. Accordingly, this critic urged investors to divest from all meme coins. In response, Crypto King opposed this perspective.…

Grass, an artificial intelligence Depin project, has announced the inclusion of Solana wallets as part of its ongoing rewards distribution process. Grass stated that this new addition will allow them to track the origin of each piece of scraped data and reward the node providing this info according to its relative value. AI Depin Project Grass to Rely on Solana for Rewards Distribution and Data Origin Tracking Grass, an artificial intelligence (AI) Decentralized Physical Infrastructure Network (Depin) project that leverages computers to scrape data, has announced the inclusion of Solana in its data collection and reward distribution processes. Recently, the…

Bitcoin price rose as high as $71,954 on May 20, its highest in 38 days, on-chain data trends highlight lingering reactions to recent US macroeconomic indices and impending Ethereum ETF approval as key catalyst behind the rally. Why is Bitcoin (BTC) price up today? Bitcoin price surged to a 38-day peak of $71,954, on May 21, 2024, largely due to a reports from Bloomberg analysts that the US Securities and Exchange Comission is set to approve Ethereum ETF. After a volatile start to the month, Bitcoin price fell as low as $60,207 on May 11. But since then the crypto…

Prominent crypto expert and YouTuber Lark Davis highlights the top five altcoins that can make investors actualize their “Lambo” dream. The crypto market witnessed a major downturn yesterday, causing the prices of top assets to plummet heavily. Data from CoinGecko shows that the global crypto market cap was down 3% over the past 24 hours to $2.69 trillion. Despite the downturn, investors still express unwavering confidence that this bull season will surpass all previous records in crypto history. Therefore, investors are looking for the top altcoins that will potentially yield massive returns in the bull season. Top 5 Altcoins to…

In a world full of tap-to-earn games such as Hamster Kombat and Notcoin, hearing that a Telegram game has a slightly different mechanic—no matter how simple—is kind of refreshing. Instead of making you tap endlessly on the screen, Catizen has you swipe to combine cats together to increase their level and value—which, while effectively as simple as tapping, does require a bit more of your attention. Claiming over 22 million users, Catizen is the latest Telegram game that has found a major audience thanks to its cutesy vibe, slightly more involved gameplay and the promise of future airdrops that could…

Financial service providers Dana and LinkaAja are exploring avenues for potential collaboration in the coming months to bring Indonesia’s payment ecosystem at par with global leaders. At a forum in Jakarta, Indonesia, representatives of both firms expressed a willingness to share resources for the greater good while hinting at a wholesale embrace of emerging technologies. Top-tier executives from both companies pointed at artificial intelligence (AI) and blockchain technology use cases in finance that are subject to government policies. Dana’s Chief Technology Officer Norman Sasono and LinkaAja’s Chief Commercial Officer Rendy Nugraha shared the stage during the Asian Banking and Finance…

According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops Inflows as U.S. Bitcoin ETFs Gain $237 Million Spot bitcoin ETFs in the U.S. continued their streak of positive gains, recording $237.20 million on Monday, marking the sixth consecutive day of inflows. Ark Invest’s ARKB fund led the way on Monday, seeing nearly $68 million in new investments. ARKB now holds 48,364 BTC, valued at approximately $3.44 billion based on Tuesday’s bitcoin exchange rates.…