Author: NBTC

Enjin has announced a partnership with George Murphy and The Rising Suns. The objective is to expand the reach to a billion users of NFT via the Enjin ecosystem. This marks the first time for George Murphy as he ventures into the segment of non-fungible tokens. They will collectively work to offer tokenized vinyl records. Two more partners are involved in the development – New York Culture Club and The Squirrel. The former specializes in integrating NFC chips into items while the latter is the NFT.io hosted by Kevin and Bob. The mechanism of the partnership is pretty simple. The…

Hear me out. As I never tire of pointing out in meetings, there’s nothing you can do with a blockchain that you can’t also do faster and cheaper with a traditional centralized computing infrastructure. While blockchains have generated some very cool new approaches to products and services, including tokenization and smart contracts, they can all be replicated in a centralized system. The essential, irreducible value proposition of a blockchain is true decentralization. Everything else is optional. For enterprise users, I believe that value proposition is tied to a well-founded fear of the power of centralized market operators and the path…

GMX, a prominent player in the realm of dynamic opinion and continuous prediction markets, is charting new territory with the introduction of Single-Token Pools on its V2 platform. Initiating withandliquidity pools, GMX leverages the opBNB chain on Arbitrum to transform the BNB CHAIN ecosystem, providing its users with enhanced trading experiences. Scaling New Heights with opBNB The decision to integrate with opBNB chain—an Optimistic Roll-up L2 solution—reflects GMX’s commitment to offering its users the pinnacle of scalability and efficiency. This transition paves the way for transactions that are not only faster but also more economical, embodying the seamless experience that…

Bitcoin mining giant Riot Platforms continues to buy more Bitfarms shares after its bid to buy the company outright was rejected. Toronto-based Bitfarms said Riot’s April takeover attempt undervalued the company. At that time, the Colorado-headquartered miner offered to purchase Bitfarms’ remaining shares for $2.30 each. Bitfarms’ share price was $2.81 before the market opened Friday. Despite that, Riot continues to snatch up Bitfarms shares, buying roughly 1.4 million more for nearly $3.9 million on Thursday. In all, Riot now owns 14% of the company’s shares. Read more: A deeper look at Riot’s ‘hostile’ bid to take over Bitfarms Riot…

Bitcoin (BTC) is consolidating above $67,000 after facing rejection at the $70,000 mark, while the market anticipates a potential breakout. Indeed, crypto trading expert Rekt Capital believes that Bitcoin has room for a breakout, but the cryptocurrency needs to clear specific barriers. Particularly, in a post on X (formerly Twitter) on June 1, the expert stated that Bitcoin’s path to recovery hinges on ceasing its current pattern of forming lower highs. Rekt Capital’s analysis highlighted a consistent rejection of Bitcoin at decreasing price points, a trend that has characterized the cryptocurrency’s performance over recent months. He noted that the price…

In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3 and improve user experience across NEAR. The partnership has managed to integrate an essential infrastructural aspect into the NEAR Protocol, which is currently running. This integration is about combining a complex data layer into the system and guaranteeing that all the users receive access to beneficial analytics and data. By extending this feature,…

In my ten years of investing in crypto, we have one of the most interesting opportunities I’ve seen: this is a unique moment in history for buying and holding Ethereum (ETH). The reason is that Ethereum ETFs have been approved, but are not yet available to the public. This week, SEC Chair Gary Gensler acknowledged in a formal Senate hearing that Ethereum ETFs have been approved, and are just waiting for the final paperwork, meaning they should be available sometime this summer. This is like a hotly-anticipated IPO, where excitement is building because everybody knows it’s coming. But here’s the…

In the latest weekly fund flows report by CoinShares, the cryptocurrency investment landscape has witnessed a notable shift, with XRP emerging as a standout performer. Despite an overall outflow of $126 million from digital asset investment products, XRP-focused vehicles have bucked the trend by attracting a staggering $300,000 in inflows over the past seven days. This marks a remarkable 300% surge compared to the previous week, reflecting a significant uptick in investor sentiment toward XRP-related financial instruments. With total inflows into investment products reaching $11 million since the beginning of the year, XRP has positioned itself as a leading contender…

On the ground for XRP Ledger Apex 2024, we caught up with Jazzi Cooper, Lead Product Manager at Ripple X and a major driving force behind its ambitious mission. In an exclusive interview, Jazzi shared insights into Ripple X’s role in reshaping the financial landscape and paving the way for a future powered by blockchain technology. Why Traditional Finance Needs a Disruption “Traditional finance rails today, as we know, are insufficient. Payments take multiple days if not weeks (…) and settlement is slow,” Jazzi remarked, setting the stage for a discussion on the urgent need for disruptive solutions in the…

One of the major beneficiaries in the digital currency ecosystem today is XRP, as it has seen a major recovery in its price, jumping by 6.24% in the past 24 hours to $0.5135. This XRP growth underscores the coin’s defined attempt to reclaim lost ground after falling from a high of $0.6642 over the past month to a low of $0.4336. With the rebalancing efforts underway, there are some growth catalysts to keep an eye on as the coin continues on its upward propulsion. XRP trading volume This might be a very simple metric to track, but it is arguably…