Author: NBTC

Jack Mallers, Founder and CEO of Bitcoin startup Strike, began his keynote at BTC Prague 2024 by emphasizing the theme of leveling up the understanding of Bitcoin. Mallers acknowledges the frequent questions regarding the differences between Bitcoin and other cryptocurrencies, such as Ethereum and Solana, and the possibility of a “flippening” where another cryptocurrency might surpass Bitcoin. Mallers ambitiously titles his talk “There Is No Second Best” and aims to deeply explore the differences between Bitcoin and all other cryptocurrencies. Mallers explains that the primary differentiator between Bitcoin and other cryptocurrencies is the use of proof of work. According to…

Long term Bitcoin bull and MicroStrategy’s executive chairman Michael Saylor has published a Bitcoin message to the BTC community after the news spread about the US Securities and Exchange issuing approval of spot Ethereum exchange-traded funds. Saylor still expects Bitcoin to beat Ethereum and all other rivals in the market, according to his tweet. Saylor’s “Bitcoin Godzilla” message Prominent Bitcoin maximalist Saylor posted a “BTC bullish” response to the rejoiced crypto community: “All your models are destroyed when Godzilla arrives. #Bitcoin” along with an image of the movie-based monster crashing everything around itself. The Godzilla image has a BTC mascot…

The petition to create the Shiba Inu ETF (SHIB) is just 300 signatures away from reaching the main goal of 10,000. This was announced by popular Shiba Inu community figure Heber MAYEN on social media X. Mayen made this known while reacting to a tweet from SHIB BPP regarding the petition on Change.org, directed to Grayscale Investments CEO Michael SONNENSHEIN. SHIB BPP is promoting a petition on X, urging members of the Shiba Inu community to sign it. According to a community influencer, June 8 marked the 58th day of asking the community to sign the petition. There are currently…

The traditional British magazine, The Spectator, may have contributed to another “Bitcoin obituary” in 2024, slamming it as a threat and a “Ponzi scheme.” In a scathing article published on May 24, The Spectator‘s Ross Clark criticized Bitcoin’s (BTC) resurgence for retail investing. Particularly, Clark highlighted the cryptocurrency‘s volatility and ability to create and destroy fortunes rapidly, questioning its intrinsic value and stability. The author pointed out Bitcoin’s remarkable recovery since January, despite the conviction of Sam Bankman-Fried, founder of FTX. Moreover, Clark attributed this recovery to the Grayscale Bitcoin Trust, an exchange-traded fund (ETF) that simplifies Bitcoin for retail…

Cardano Node 9.0 will launch in June. This update will prepare the blockchain platform for the long-awaited Chang fork. Cardano founder Charles HOSKINSON reported the event on X. Hoskinson mentioned that the hard fork can occur once 70% of the Stake Pool Operators (SPOs) install the new node. This will propel Cardano into the Voltaire era, marking a state of full decentralization — a huge milestone for the network and the entire blockchain industry. Hoskinson called it the most significant event in Cardano’s history. Hoskinson described the development path over the past decade, saying that the creation of Cardano was…

The Bitcoin whitepaper has been reuploaded to the Bitcoin.org website following Craig Wright’s failed attempt to prove in court that he’s the protocol’s pseudonymous creator Satoshi Nakamoto. The website was ordered to take down the PDF in 2021 after Wright successfully sued Cøbra, the anonymous group running the site, over copyright infringement. However, Wright’s copyright victory no longer holds weight as his Satoshi claims, and therefore any claims he wrote the whitepaper, have been spectacularly proven wrong. Bitcoin.org maintainer Hennadii Stepanov announced the Bitcoin whitepaper’s return by sharing a link to the pdf on X (formerly Twitter). Read more: Explained:…

Roaring Kitty is posting on Twitter again, pushing GME up 5% in pre-market trading. But, some internet detectives believe that he’s hinting that he owns stock in AMC. After posting a single tweet a week ago, returning to Reddit on Thursday, and livestreaming on Friday, the GameStop bull is back to posting movie references. Keith Gill, better known as Roaring Kitty or DeepFuckingValue, was at the center of the GameStop short squeeze in 2021—forever tying his name to the company. But, due to his longtime habit of communicating through movie references on Twitter, people are starting to believe he also…

Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin (BTC) reaching a peak of $71,958 before retreating to its current price range. The volume has shown significant drawdowns, indicating selling pressure. Candlestick patterns, such as bearish engulfing, suggest potential reversal points, particularly around the recent peak. The 4-hour chart mirrors the daily trend, showing the same short-term high at $71,958 followed by a…

Bitcoin (BTC) has recently rallied to the $72,000 resistance of a 3-month price range and suddenly dropped back to $67,000. This volatility created imbalances in the derivatives market, now weighted toward Bitcoin short-sellers, possibly leading to an impending short squeeze. Notably, since late February, Bitcoin has kept the $12,000 price range from $60,000 to $72,000. In the meantime, two deviations from the range marked a rally to $73,805 for a new all-time high and a sudden crash to $56,537. On May 21, the leading cryptocurrency precisely reached $72,000 again, and Bitcoin short-sellers jumped in betting in the pattern. As developed,…

Chris Larsen, the Ripple Chairman, discloses the inspiration behind the company’s name and the rebranding from the initial name OpenCoin. Larsen divulged this information in a recent interview with Ben Fong-Torres, discussing the origin of the payments firm. Originally founded as OpenCoin in 2012, Ripple has become a significant player in the digital payment and cryptocurrency scene. The story behind its rebranding to Ripple is interestingly rooted in music history. XRP community figure XRPDROPZ spotlighted the interview in a post on X. During the interview, Fong-Torres inquired whether the name Ripple was inspired by the famous 1970 Grateful Dead song.…