Author: NBTC

Solana meme coin Michi jumped 18% early Monday, according to data from CoinGecko, after pop artist Ariana Grande shared the meme that inspired the coin on her Instagram story. The Michi meme was edited to hold a pink “love potion,” alongside posters of a man adored with kiss prints on the wall. This is the work of a Grande fan account in reference to a music video the singer released for her single “The Boy Is Mine.” “I think the boy is hers, [I don’t know],” the post reads, followed by the image of the meme. “Hey it’s me,” a…

The CEO of Bitcoin (BTC) wallet and payments application Strike, Jack Mallers, is predicting that the flagship crypto asset could hit a seven-figure price. Mallers says in a new interview with Anthony Pompliano that Bitcoin could soar between 260% and 1,357% in the coming months. “I think we’re still so early in the Bitcoin story. I’m publicly on record saying I think Bitcoin hits $250,000 to $1 million in this cycle. So now I’m speaking the next 10 to 18 months.” Bitcoin is trading at $68,653 at time of writing. Mallers predicts that the US government will be forced to…

Hayden Adams transitioned from mechanical engineering to founding Uniswap, revolutionizing the DeFi space with his innovative AMM model. Uniswap’s user-friendly design and automated market maker system democratized access to crypto trading, driving significant DeFi growth. Hayden Adams was facing a decision in 2017. After being fired recently from Siemens, where he worked on design exploration for clients in the aerospace and automotive sectors, Adams was thinking about what to do next. It was during this unsettling time that Karl Floersch, a friend, first exposed him to blockchain technology and cryptocurrencies. This introduction would significantly alter Adams’ career and contribute to…

Decentralized Physical Infrastructure Networks (DePin) are transforming the tech landscape by enabling decentralized projects in real-world infrastructure. Here’s what happened recently in the DePin sector: io.net’s CEO stepped down just before their token launch, Helium Mobile reached over 92,000 subscribers, and the number of active decentralized physical infrastructure projects grew to more than 1,200. CEO of io.net Steps Down Solana-based decentralized infrastructure provider io.net, which allows users to monetize their GPU power, has recently replaced its CEO just two days before the launch of its native token on Binance Launchpad. The token launch, scheduled for Tuesday, June 11, is part…

Key Points: Bitcoin long-term holders for over 3 years reach a record high of over 47%, indicating growing confidence in the cryptocurrency’s future value. Selling pressure from long-term holders eases, allowing for more bullish market sentiment and potential price increases. Despite market fluctuations, steadfast conviction among long-term holders underscores optimism for Bitcoin’s trajectory. The percentage of Bitcoin long-term holders who have held onto their assets for three years or more has surged to a new record high, surpassing 47%, as shown by Bitcoin Magazine. Bitcoin Long-Term Holders Surge This milestone comes amidst ongoing market recovery following the halving and initial…

The Bitcoin network is witnessing a remarkable phenomenon: the reawakening of ancient BTC whales. These entities, which have not moved their holdings for over a decade, are now resurfacing, contributing to a significant spike in on-chain activity. This surge in activity among long-dormant Bitcoin addresses marks a significant trend in this current market cycle, reflecting an increase in the movement of old BTC holdings. According to Julio Moreno, the head of research at CryptoQuant, This current cycle has awakened more Bitcoin OG’s than ever. The 10+ year-old Bitcoin spending indicator reached a record high of 3.7% in March, when Bitcoin…

Optimism, a leading layer-2 blockchain, aims to help Ethereum users transact quickly and for lower fees. Its tech serves as the foundation for some of the biggest names in blockchain, including the Coinbase exchange’s popular Base blockchain and Worldcoin’s World Chain–from OpenAI founder Sam Altman. But for years, Optimism had a problem. All of the blockchains that used Optimism’s technology were built according to a core underlying premise: They “borrowed” Ethereum’s security apparatus. In reality, however, that wasn’t the case. Until now, Optimism has been missing a core feature at the heart of its security design: “Fault proofs.” On Monday,…

Ethereum-based farming game Pixels—the hottest crypto game not built on Telegram—just rolled out a massive Chapter 2 upgrade this week that significantly shakes things up. But you wouldn’t know it at a glance. “Everybody’s day-to-day inside the game changes pretty drastically,” Pixels founder Luke Barwikowski told Decrypt ahead of the launch. Pixels retains the charming retro vibe that the game’s own title conveys. And it’s fair to say that the previous gameplay was a hit with many players, attracting millions of users over the past few months alone. But for Barwikowski and his team, it’s an attempt to “basically fix…

Bitcoin Bitcoin and ethereum have exploded higher over the last year, largely due to the arrival of Wall Street spot exchange-traded funds (ETFs)—though the Federal Reserve could be about to turbocharge the bitcoin price. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath of bitcoin’s halving earthquake! The bitcoin price has rebounded to its all-time highs of around $70,000 per bitcoin with the ethereum price coming to within touching distance of $4,000 per ether this week after the shock ethereum ETF approval created an “opportune moment” for bitcoin. Now,…

As the 2024 US presidential election approaches, the prospects for altcoin exchange-traded funds (ETFs), particularly Solana, could hinge significantly on the political outcome. The Securities and Exchange Commission (SEC) has recently shown some leniency by allowing fund managers to list spot Ethereum ETFs. However, SEC Chair Gary Gensler cautioned that it would take time for these to launch. Trump Victory Could Boost Solana ETF Approval Odds Speculation about the next potential crypto ETF has already begun, with Solana emerging as a leading contender. Cathie Wood, CEO and CIO of ARK Invest, stated that major financial institutions would likely focus on…