Author: NBTC

This article highlights ten recommended meme coins to watch this May as the market anticipates a bullish relief from the recent widespread bloodbath. While April was already a challenging month for altcoins, May opened with a significant bearish tone, forcing them to hit lower lows. Meme coins expectedly took a more significant hit than the broader altcoin landscape. However, prominent market watchers believe the market recovery is imminent. They argue that Bitcoin’s plunge to $56K signals the end of the two-month-long downturn. As a result, the crypto community is confident in the potential for meme coins to again lead the…

Casper Labs introduces Prove AI to enhance transparency and auditability for artificial intelligence training data using blockchain technology. According to a press release shared with Cryptonews.com, Casper Labs announced the launch of Prove AI, an AI governance solution designed to improve transparency and auditability of AI training data. Casper Labs Introduces AI Management Blockchain Solution The release stated that this new solution leverages blockchain technology and integrates seamlessly with IBM’s watsonx.governance platform. Prove AI aims to provide a secure and reliable method for maintaining and sharing audit logs of AI data. It includes AI version control, multi-party access controls, and…

Hong Kong’s spot Bitcoin and Ethereum exchange-traded funds (ETFs) could begin trading by the end of the month, the veteran analyst behind 10x Research told Decrypt. “While no trading date has been set, expectations are for April 30,” said 10x Research founder Markus Thielen. He also writes research reports for Singapore-based trading platform Matrixport and was previously its Head of Research and Strategy. Thielen’s comments come the day after Hong Kong gave conditional approval for a number of spot Bitcoin and Ethereum ETF applications managed by China Asset Management, Harvest Global, Bosera, and HashKey, respectively. As a result of the…

In the fast-paced world of cryptocurrency, Ethereum (ETH) has recently captured attention with a notable surge in a critical metric that could shape its future trajectory. CryptoQuant, a leading market analytics platform, has highlighted a significant development in the perpetual futures market that may influence Ethereum’s price dynamics moving forward. The focal point of interest is the seven-day moving average of the Taker Buy Sell Ratio on the Ethereum perpetual futures market. This metric serves as a crucial indicator of market sentiment, reflecting whether buyers or sellers dominate market orders. A ratio below 1 indicates a higher prevalence of selling…

Know-your-customer (KYC) solutions are becoming increasingly important for crypto companies, financial services firms, and institutions. Grand View Research found that the global KYC software market size was valued at $2.93 billion in 2021. The number is expected to expand at a compound annual growth rate (CAGR) of 20.8% over the next six years. Grand View Research’s report further noted the growth of the KYC market, which can be attributed to the importance of compliance management and the rising number of identity-related frauds in financial institutions. The rise of deep fakes and artificial intelligence (AI) related scams is also leading to…

Exchanging Bitcoin for Runes via a command-line interface? For some, setting up a Bitcoin node—which validates transactions and keeps a record of network activity—that is capable of doing just that evokes a sense of confusion or dread. For others, it’s a technical endeavor that could come in handy soon when Runes, a protocol for Bitcoin-based fungible tokens (such as meme coins), unleashes a sluice of new assets on the network. “A lot of people are super intimidated to run a Bitcoin node,” Trevor Owens, general partner at the Bitcoin Frontier Fund and CEO of Ninjalerts, told Decrypt. “The reality is…

Despite a turbulent period for the broader NFT market, Milady NFTs have seen a remarkable surge in popularity and value, highlighting the unique dynamics and resilient interest in certain digital art collections. Over the past month, the NFT market has experienced significant volatility. Factors contributing to this include fluctuating cryptocurrency prices, regulatory uncertainties, and varying market sentiment levels. However, Milady NFTs have distinguished themselves within this unpredictable environment with an impressive upward trajectory. Most significant Ethereum NFT collections, such as Azuki and the Mutant Ape Yacht Club, were sold out by traders as ETH surged during the previous two days;…

Numbers don’t lie — spot bitcoin exchange-traded funds (ETFs) have been a boon for the market. The first day of trading in the US saw over $4.6 billion in volume. Within a month, bitcoin rose above $50,000 for the first time since the bear market and hit $70,000 in March for the first time ever. But this bitcoin ETF liquidity boost does not address any of the underlying issues in today’s crypto user experience, nor does it offer investors empowerment through self-custody. In the case of ethereum ETFs, the outcome will likely be the same. Rather than rely on regulatory…

After a period of waning popularity in April, the memecoin sector appears to be experiencing a resurgence. This potential revival is fueled by a recent surge in activity on Pump.fun, a platform that streamlines the creation and deployment of memecoins. Pump.fun removes the technical barriers often associated with launching a cryptocurrency. Users can design their memecoin with a name, ticker symbol, and image for a minimal fee, all without needing advanced technical knowledge or pre-existing liquidity. The platform even incorporates safeguards against rug pulls, a notorious issue in the memecoin space. Every token launched on Pump.fun automatically implements a bonding…

Zeta Markets, a leading Solana-based decentralized exchange (DEX) specializing in onchain perpetuals, has announced the launch of ZX (Zeta X), a cutting-edge Layer 2 solution set to revolutionize derivatives trading on Solana. Anticipated for an early 2025 mainnet release, ZX promises to enhance performance, scalability, and user experience across the platform. ZX represents an optimistic rollup built on the Solana blockchain, leveraging zero-knowledge (zk) proofs for trustless on-chain settlement. This innovative approach combines Solana’s Layer 1 capabilities for data availability and settlement with an off-chain matching engine. The result is a platform that rivals centralized exchanges in performance, while maintaining…