Author: NBTC

JPMorgan noted in a recent research report that U.S. crypto regulations are moving in a direction that favors the launch of a central bank digital currency (CBDC), looks negatively on crypto adoption by local banks, and non-compliant stablecoins. The bank notes that regulatory initiatives have increased in the US in recent months, raising questions about the direction of crypto regulation ahead of the presidential elections later this year. Analysts led by Nikolaos Panigirtzoglou wrote in a report on Wednesday: “They are against a coin tied to the Fed, against U.S. banks dealing with cryptocurrency, against non-compliant stablecoins like Tether (USDT),…

INTMAX, a prominent Layer 2 zkRollup platform, has announced PlasmaCon, an official event of Japan Blockchain Week. The event is scheduled for July 31st in Tokyo. PlasmaCon will bring together some of the most influential minds in the blockchain industry, including Ethereum Co-founder Vitalik Buterin, Ethereum Foundation researchers Justin Drake. Moreover, Public Works Founder and Gitcoin Co-founder Scott Moore, and Plasma researcher and INTMAX Co-founder Leona Hioki will also be attending the event. PlasmaCon Focuses on Ethereum Scalability and Privacy Solutions PlasmaCon will be a builder-focused event, exploring alternative methods for scaling Ethereum and enhancing privacy solutions. The event will…

The following is a guest post from Tim Haldorsson, CEO of Lunar Strategy. In nine short years, Ethereum has gone from pioneering on-chain smart contracts and programmable crypto to becoming the backbone of decentralized finance and blockchain infrastructure. The recent SEC approval of ETH ETFs is just a single step in this journey, albeit a significant milestone that has solidified Ethereum’s status as a mature asset class worthy of serious investment consideration. This op-ed will highlight the most promising sectors within the Ethereum ecosystem that I believe angel investors should watch closely to take advantage of this economic momentum. Layer…

The Desiweminer team will join Bitdeer’s ASIC design team in Singapore, and products featuring the integrated technologies of the two entities are slated for immediate release. Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month. Bitcoin (BTC) miner Bitdeer has agreed to acquire Desiweminer, a designer of chips for ASIC mining machines, in an all-stock transaction worth $140 million. Bitdeer agreed to acquire all outstanding shares in Desiweminer for a consideration of 20 million Class A ordinary BTDR shares on June 3, according to an announcement on Thursday. The acquisition is subject…

Blockchain infrastructure designer Alchemy has launched a development kit rollup-centric innovation in the crypto ecosystem. Alchemy’s introduction of Alchemy Rollups represents a notable step forward in the crypto ecosystem. It will offer developers a comprehensive toolkit for rollup-centric development and aim to streamline the process of developing, optimizing, launching, and growing layer-2 blockchains with a focus on scale, speed, and cost-efficiency. According to product lead Monica Garde, Alchemy’s offering affords developers the same “battle-tested infrastructure” that powers some of the most trusted networks in decentralized finance (DeFi). “Running a node is not that difficult; the hard part is doing it…

April 10 is a significant date as the United States is set to announce the Consumer Price Index (CPI) for March. This index measures inflation, and it is a big deal because it can influence the Federal Reserve’s decisions on interest rates. The next day, the U.S. will release the minutes from the Federal Open Market Committee (FOMC) meeting in March, with a high chance of interest rates staying the same in May. Obviously, such a major decision for the U.S. economy almost always directly or indirectly affects the performance of digital assets, and Bitcoin in particular. When interest rates…

The price of Ethereum (ETH) peaked at a resistance level of $3,944 on May 23. There was a price battle between bulls and bears as the price approached the $3,944 resistance level and the $3,730 break-level support. Long-term analysis of the Ethereum price: bullish The bulls took the dips and the price of the cryptocurrency closed at $3,787. The price of the cryptocurrency is currently fluctuating between $3,730 and $4,000. Ether is rising because the breakout support of $3,730 is holding. If buyers break through the $4,000 resistance zone, Ether is expected to rise above its previous high. The bullish…

Billy Markus, the creator of Dogecoin (DOGE), recently prompted a thought-provoking discussion by presenting a hypothetical scenario: if given a million dollars to invest in one of four assets — gold, Bitcoin, the S&P 500, or real estate — with a 10-year commitment, which option would one select? Markus, known for his straightforwardness, suggested a preference for the safest choice, but which one it is is unclear. His remark sparked considerable interest, with individuals seeking affirmation for their investment strategies. Interestingly, Dogecoin did not feature in the lineup, a fact not unexpected given its inception as a playful internet phenomenon.…

Bitcoin mining stocks outperformed other cryptocurrency-linked stocks Thursday after multiple industry takeover offers drew market attention to the question of who could be the next target. Shares of miners such as Stronghold (SDIG), Core Scientific and TeraWulf (WULF) surged more than 15%. Gains in Iris Energy (IREN), Mawson (MIGI), Cathedra (CBIT) and Argo Blockchain exceeded 10%. Most recently, one of the largest miners, Riot Platforms (RIOT), started a hostile takeover attempt of peer Bitfarms (BITF), while artificial intelligence firm CoreWeave proposed buying another mega-cap miner, CoreScientific (CORZ). Although Bitfarms and CoreScientific both rejected the offers, the takeover attempts have reminded…

Gelato Network, renowned for its roll-up as a service platform within the Web3 space, has announced a significant milestone with the launch of the Lisk L2 Developer Mainnet. This development marks a pivotal moment for Gelato, as it continues to broaden its scope and enhance its offerings in the decentralized ecosystem. The Lisk L2 Developer Mainnet is not just another layer; it’s part of Gelato’s strategic initiative to integrate more deeply with the Optimism network, heralding a new era of interoperability and efficiency in blockchain technology. Driving Innovation and Interoperability in Web3 During the initial Devnet phase, Gelato facilitated the…