Author: NBTC

Bitcoin’s price has tumbled over the past few days amid increased selling pressure from Mt. Gox repayments and a bleak economic outlook. Despite that, El Salvador still buys one Bitcoin (BTC) every day. According to data from BitInfoCharts, a cold wallet controlled by the El Salvador government has accumulated 1 BTC since mid-March, when Salvadoran President Nayib Bukele transferred the country’s BTC holdings to the cold wallet and published the address. El Salvador still acquires 1 BTC per day At the time of transfer, El Salvador held around 5,600 BTC, worth over $400 million. Bukele called the wallet El Salvador’s…

Wall Street’s best and brightest are diving headfirst into tokenizing real-world assets, but they’re hitting a fork in the road: do they play it safe or venture into crypto’s Wild West? The world of finance is getting a blockchain makeover, with Wall Street leading the charge in turning traditional assets digital. But as banks and asset managers push further into this new frontier, they’re facing a tough choice: stick to the safer, controlled environments they know, or risk it all in the untamed wilderness of decentralized finance (DeFi). DeFi, for the uninitiated, is like the crypto world’s version of financial…

Samson Mow, Bitcoin maximalist and JAN3 chief executive officer, has posted a critical statement about ETH price performance while spot Ethereum ETFs are about to start trading. Meanwhile, during the past 24 hours, the second largest cryptocurrency by the market capitalization size, Ethereum, has declined by slightly more than 3%. “Ethereum performing abysmally”: Samson Mow Vocal Bitcoiner, who constantly slams altcoins, including the biggest one, Ethereum, Mow noted in a recent X post that “Ethereum sure is performing abysmally” while it has been already confirmed that spot Ethereum exchange-traded funds (ETFs) are about to start trading. Mow assumed that perhaps…

Jasmy’s president, Kazumasa Sato, participated in last year’s Japan Techno Economics Society (JATES) study group on sensors and data fusion. Jasmy’s partnerships with companies like Transcosmos, Toyota, Panasonic, and VAIO enhance its data security initiatives and market growth. Jasmy uses blockchain technology to provide decentralized data storage, preventing data falsification and loss. The president of Jasmy, Kazumasa Sato, took part in last year’s Japan Techno Economics Society (JATES) study group on sensors and data fusion. This participation has major impacts for the Jasmy coin and could drive its price to its all-time high given its recent price dip. Kazumasa Sato,…

Arkham, a blockchain analysis firm known for its altcoin listed on Binance, announced that it has signed an important partnership with Coinbase Wallet. This collaboration allows users to connect their Coinbase Wallets to Arkham and track their assets and transactions directly on the platform. By clicking on their display name in Arkham, users can access their personal portfolio pages and use them to manage their cryptocurrency holdings. Hundreds of Millions of ARKM Tokens Were Moved to Coinbase Yesterday In related news, Arkham Intelligence recently completed a major token transfer, moving nearly half a billion dollars worth of native ARKM tokens…

Trillion-dollar asset manager Franklin Templeton has lauded the Solana blockchain in an X post, leading enthusiasts to hope a spot Solana exchange-traded fund (ETF) may be coming soon after the recent successful launch of Ethereum products on July 23. Franklin Templeton Is Bullish On Solana In a July 23 social media post, Franklin Templeton explained why Solana is a key player in the crypto industry and how it is primed to transform the sector in the future. “Besides Bitcoin and Ethereum, there are other exciting and major developments that we believe will drive the crypto space forward,” Franklin Templeton wrote.…

Talking with crypto.news, Curve founder Michael Egorov argued that defi’s ecosystem still holds the biggest value proposition over speculative trends like memecoins. During the 2021 peak, sometimes called crypto summer, decentralized finance took the driving seat. Defi tokens surged to all-time highs, and the narrative revolved around the so-called “future of finance” thesis. Fast forward to this year’s cycle, memecoins have claimed centerstage and accrued billions in market cap across several tokens. The hyper-speculative sector has turned users into overnight millionaires and the wealthy, sometimes to burned investors. The buzz has fueled talks that memecoins represent a major crypto use…

It is quite difficult to surprise Vitalik Buterin, but PhD candidate Burak Öz, who contributed to the most recent Ethereum paper, “Who Wins Ethereum Block Building Auctions and Why?” succeeded. Examining the factors that contribute to some Ethereum builders’ greater profitability and success, the paper delves deeply into the Ethereum builder market. This is the first time I’ve ever seen a graph whose y axis uses an inverse hyperbolic sine scale. — vitalik.eth (@VitalikButerin) July 23, 2024 In order to help builders win blocks and make money, it draws attention to important aspects. First, the analysis shows a positive correlation…

As unfounded rumors that U.S. president Joe Biden is dead spread across the internet, crypto degens have spun up a new batch of morbid political meme coins. Biden Dead (BIDEAD) was created on Monday and has already reached a market cap of $660,000. Soon after that came Biden Done (BIDONE), illustrated with a cartoon of the president’s skeleton. It quickly reached a market cap of $567,000. At the time of writing, meme coin factory Pump.fun is the breeding ground for tokens claiming that Biden is dead or that his death is imminent. In fact, of the top 10 tokens on…

Binance has published its Half-Year Report 2024, from which it emerges that the crypto market is expanding, even in Italy. The report concerns the first half of the current year, ending on June 30, and was prepared by Binance Research, the division of the company that deals with research. Binance is the main crypto exchange in the world. The report on Binance’s crypto expansion: the situation in Italy Bitcoin The DeFi The stablecoin AI Gaming The market in Italy for the crypto exchange Binance The report on Binance’s crypto expansion: the situation in Italy The data that makes it most…