Author: NBTC

The token CAW moved nearly $14 million on Monday, with most of its trading volume being on BitMart. The meme coin crow with knife (CAW) rose by almost 600% in the past seven days and is the crypto asset with the most significant growth in this period, according to data aggregator CoinGecko. The token is deployed on Cronos, the blockchain related to the crypto exchange Crypto.com. CAW was created on March 14 and didn’t see much upside until April 26. The reason behind the upside could be related to the token listing on Crypto.com app on the same day, prompting…

The US Securities and Exchange Commission’s approval of spot Ethereum ETFs last week has ignited pressure on South Korea’s financial regulators to greenlight similar crypto exchange-traded funds. Last week’s approval of Ethereum ETFs marked a dramatic reversal for the US market. Up until then, most market participants were expecting a rejection for these ETFs, atleast in May. The Korea Times reported Monday that the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) are hesitant about allowing crypto assets to be traded on the traditional securities market. The FSC cited the Capital Markets Act to justify its skepticism towards…

OdraDev has introduced Odra 1.0, a groundbreaking new standard for smart contract development on the Casper blockchain. Developers get everything they need in this one-stop-shop platform for creating, testing, building, deploying, and interacting with smart contracts. It takes out the clutter of development to make focus-driven developments. We’re excited to announce #Odra 1.0, a new smart contract standard for #Casper. @odradev presents a complete solution to develop, test, build, deploy, and, interact with smart contracts on Casper.Odra is designed with a focus on optimizing development time for developers and… pic.twitter.com/4d7WRWhFN8 — Casper (@Casper_Network) May 27, 2024 Odra Empowers Developers with…

According to a recent report by Bloomberg, Bitcoin miners are set to face more than $10 billion worth of losses due to the upcoming halving event, which is going to take place in less than five days from now. The immediate reward for mining new blocks will be slashed from 6.25 BTC to just 3.125 BTC per block. The halving is expected to deliver a particularly strong blow to those mining companies that have higher-than-average operation costs. Historically, miners were able to recover from the impact of block reward reduction due to bull runs that followed each halving. As noted…

Venom Foundation, based in the Cayman Islands, operating as a Layer-0 and 1 blockchain using proof of stake (PoS) consensus, is widely growing and expanding to more exchanges and integrating more platforms. As a result of recent efforts, the network’s VENOM token was listed on OKX on March 22 for spot trading. Designed for the development of a wide array of products, bridging the gap between governmental applications and traditional Web3 projects with its sophisticated Mesh network architecture, Venom has prepared the floor for over 20 projects to debut on the platform, demonstrating developers’ trust in its robust infrastructure. Additionally,…

China has made it clear that it is against the emergence of cryptocurrencies. It stated its intention to take a more robust stance on the issue and reiterated this position in a recent comprehensive economic statement. Pan Gongsheng, the governor of the People’s Bank of China, made remarks regarding cryptocurrency activities on October 21, 2023. The nation does not support these activities, and this stance will not be altered anytime soon. The People’s Bank of China Governor’s remarks come at a time when oppressive actions against cryptocurrency companies have become more intense and proceed to continue in 2024. The primary…

3Cross.ai has announced the launch of its presale on the ZkSync platform and the receipt of a $115,000 Google Grant, marking a significant milestone for the artificial intelligence and Blockchain sectors. This dual development underscores the company’s innovative approach and its commitment to leveraging cutting-edge technologies to revolutionize the AI landscape. The $115,000 Google Grant is a testament to the confidence that a tech behemoth like Google has in 3Cross.ai’s capabilities and the potential of the company. These funds will be instrumental in advancing the company’s research and development efforts, enabling it to refine its AI algorithms and expand its…

BTC is back above $65,000 as geopolitical volatility subsides. Traders are also anticipating the approval of BTC ETFs in Hong Kong, which is expected later Monday or this week. Bitcoin (BTC) is trading above $65,000, while ether (ETH) is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems. Bitcoin dropped below $62,000 over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an…

Silk Road founder Ross Ulbricht offered up thanks to former U.S. President and 2024 hopeful Donald Trump for pledging to commute his sentence “on day one” of his term if he’s reelected. He made the remark during a speech at the Libertarian National Convention on Saturday night. “Last night, Donald Trump pledged to commute my sentence on day 1, if reelected. Thank you. Thank you. Thank you,” Ulbricht wrote on Twitter. “After 11 years in prison, it is hard to express how I feel at this moment. It is thanks to your undying support that I may get a second…

Famous economist Timothy Peterson, known for his work titled “Metcalfe’s Law as a Model for the Value of Bitcoin”, made a bold prediction about the future of Bitcoin (BTC) in a statement he made recently. According to Peterson, Bitcoin is on track to reach a staggering value of $5,000,000. Peterson estimates that it will take about 23 years for Bitcoin to reach this value and its average annual return will be 22%. However, he notes that the average return is expected to be much higher than 22% before 2031. According to the analyst, the return will decrease significantly after 2031.…