Author: NBTC

Kenya has signed a deal with Bitcoin miner Marathon Digital Holdings to monetize the country’s underutilized energy resources. This partnership, announced by Marathon’s CEO Fred Thiel on X, marks a significant step towards leveraging Kenya’s surplus energy for Bitcoin mining and technological development. Signed! Kenya and @MarathonDH sign a historic deal for monetizing underutilized energy across Kenya and jointly developing technology projects. pic.twitter.com/d4Zh9o8MGI — Fred Thiel (@fgthiel) May 24, 2024 “Kenya has a special spot in the history of digital currencies as it is the home of M-PESA, which in 2007 was one of the first ways for people in…

VanEck crypto research head Matthew Sigel has a message for the Securities and Exchange Commission: Let the first firm to file for an ether ETF be the first to launch. That would be (you guessed it) VanEck. A New York-based fund group that manages roughly $100 billion in assets, VanEck first filed to launch a spot ether ETF in the US in 2021. It re-upped its bid to launch such a product in September 2023. The SEC’s 240-day period to rule on the fund expires on May 23, a day ahead of the agency’s deadline to rule on a similar…

Justin Sun, the founder of TRON, has recently reaffirmed his support for the meme coin sector. As per the famous entrepreneur, although memecoins appear unconventional, they represent the potential of the community within the broader crypto market. He said this in an interview at the TOKEN2049 event. His latest post on the official X account also presents him discussing the role of these tokens in the crypto industry. He mainly referred towards Shiba Inu and Floki. Meme coins may seem unconventional, but they highlight the power of community in crypto. Building a successful project, meme-based or not, takes dedication.Let’s see…

Grayscale has filed an amendment version of its 19b-4 form for its Ethereum Mini Trust application The leading cryptocurrency asset manager initially filed the form on Tuesday. Earlier today, Nasdaq also submitted its updated 19b-4 form for the Ethereum ETF product proposed by financial behemoth BlackRock. As reported by U.Today, the sudden and shocking U-turn of the U.S. Securities and Exchange Commission on Ethereum ETFs puzzled a lot of seasoned analysts. Bloomberg ETF experts initially believed that the SEC would reject these products since there was very little engagement between the regulator and the potential issuers. However, earlier this week,…

According to the latest data, Shibarium, the Llayer-2 blockchain solution for Shiba Inu, experienced a surge in transaction fees over the past 24 hours. Thus, Shibariumscan reveals that gas commissions paid in BONE, the native token of the Shiba Inu ecosystem, skyrocketed by a whopping 500%, soaring from 12 BONE to an astounding 61.47 BONE. Shibarium facilitates transfers of Shiba Inu tokens, utilizing BONE tokens to cover transaction fees. Notably, each transaction contributes to the burning of SHIB tokens, with a portion of the BONE transaction fee being converted into SHIB tokens and sent to the dead wallet. The surge…

The U.S. House vote goes 279-136 to approve the Financial Innovation and Technology for the 21st Century Act with a very strong showing from House Democrats. The passage of the crypto market-structure bill marks the industry’s most significant legislative accomplishment in Congress. The crypto industry recorded its biggest-ever U.S. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing party lines to support it. The Financial Innovation and Technology for the 21st Century Act (FIT21) marks the first time a major crypto…

Games have to find you at the right time. Well, this Ethereum game found me on the toilet. My favorite gaming experiences have come when a game is enjoyable and perfectly fits into my life. Think Bloodborne finding me cooped up inside during the pandemic, or co-op gem It Takes Two when I wanted to bond with my partner. Guild of Guardians meets you in those natural breaks in your day—as you’re taking a suspiciously long toilet break at work, waiting for the bus, or cooking dinner. This mobile fantasy game has enough complexity to keep you interested, yet thankfully…

How do Hong Kong’s spot Bitcoin ETFs compare to their dominant U.S. counterparts, and could their introduction influence Bitcoin’s price upward? On Apr. 15, China Asset Management, Bosera Capital, and other firms announced on social media that they received conditional approval to launch spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in Hong Kong. The Securities and Futures Commission (SFC) has not yet confirmed the list of approved issuers. This development follows closely spot BTC ETF approvals in the U.S. earlier this year. This contrasts with the situation in the U.S., where the Securities and Exchange Commission (SEC) has…

According to data, Ethereum call options have become more expensive than put options across all maturities. According to one analyst, this trend indicates a bullish trend in the market. Luuk Strijers, CEO of cryptocurrency exchange Deribit, said in an email: “The bid minus bid skew is negative across all maturities and increases further beyond the end-June expiry, which is a very bullish signal, with the basis at around 14% per year.” “It has risen to e, which is another bullish indicator.” The analysis shows that investors are willing to pay more for calls than for puts, especially for options expiring…

In April, the Worldcoin Foundation has made several crucial advancements in the field of blockchain technology. One of them is the launch of Wave1 of the Community Grants Program, the grant call for novel ventures that use the blockchain to promote social good. The other one is the introduction of the World Chain, a new blockchain platform that emphasizes user reach and ease of use. Calling all World Chain builders.https://t.co/3Ng5wC8EIT — Worldcoin (@worldcoin) May 1, 2024 Worldcoin Foundation Boosts Innovation with World Chain Grants Category The two announcements represent a major leap for the Worldcoin Foundation, given its objective of…