Author: NBTC

With the upcoming Bitcoin halving slated to occur in the next few hours, we’ve compiled the top predictions for BTC price after the highly anticipated event. Bitcoin Halving, one of the most anticipated events in the crypto industry, is imminent. According to CoinMarketCap, this season’s long-awaited halving will occur in the next 12 hours. The event, which takes place every four years, is designed to reduce the rate at which new BTC is created by slashing miners’ rewards in half. Bitcoin miners’ rewards will be reduced to 3.125 BTC per block compared to the current 6.25 BTC. Interestingly, most Bitcoin…

As an inaugural step in a newly-announced collaboration, Nuklai will provide DePINs on peaq with machine learning as well as data processing and monetization capabilities, with Farmsent, a global Web3 marketplace for farmers and consumer-facing businesses, being the first one in line. Nuklai joins peaq’s AI ecosystem for better DePIN monetization Per the official statement from the team, peaq, the pioneering L1 blockchain for DePIN and Machine RWAs (real-world assets), welcomes a new member of its ecosystem as Nuklai joins to unlock AI and data monetization for DePINs building on peaq. To grasp the potential of @peaqnetwork, we need to…

Runes, the new fungible token standard on Bitcoin, had enthusiasts buzzing when it launched in April amid the quadrennial Bitcoin halving event. But less than a month later, the early impact appears less monumental than many Bitcoin backers expected. The Runes launch indeed saw a flurry of immediate activity, with hundreds of token tickers launched within the halving block. But demand has decreased partially due to expectations, and amid a cooling crypto market that has seen broader price declines in recent weeks. Data from Sat Screener indicates that six of the top 10 most-traded Runes have experienced a decline in…

Speaking to crypto.news, Paul O’Leary, CTO of Polygon Labs, discussed how Polygon’s zkEVM technology aims to enhance Ethereum’s scalability by reducing transaction costs and increasing throughput. Polygon’s zkEVM technology is set to significantly enhance Ethereum’s scalability by reducing transaction costs and increasing throughput. Launched as an open-source mainnet beta in March 2023, Polygon’s zkEVM batches transactions off-chain and posts cryptographic proofs to the Ethereum mainnet, alleviating network congestion and reducing costs​. The recent transition to Stage 2 of the Mainnet Beta in January 2024 emphasizes responsible dApp growth and on-chain activity. The Elderberry upgrade, which has been live since March…

Sui Network has partnered with FanTV, a cutting-edge content platform that promises to redefine content creation and consumption. This strategic alliance marks a significant milestone in the evolution of the creator economy, as it seeks to empower creators by giving them ownership of their content and direct engagement with their audiences. FanTV, already a formidable force with a community of 1.5 million users, is making strides in revolutionizing the creator space. The platform’s integration with Sui Network’s robust infrastructure aims to enhance the capabilities of creators worldwide, enabling them to monetize their craft more effectively and sustainably. This collaboration is…

The same developer that brought you Bitcoin Ordinals will soon debut a new protocol, called Runes, which plans to rival the BRC-20 token standard. Since its announcement, the project seen huge hype with tons of projects gearing up for the Runes launch—which aligns with the Bitcoin halving. Most notably, meme coin PUPS skyrocketed ahead of its launch. But the rise didn’t come without some controversy. There have been spats over the project’s claim to be the “first meme coin” on Bitcoin. As the halving clock counts down, pressure is beginning to mount. Now, people are asking how they can get…

Apple’s latest keynote showcases its new iPad Pro featuring Octane X. Octane X is a rendering software powered by the Render Network. Will the bullish sentiment for the project reflect in the RNDR price soon? Apple presented its latest Apple Pro in a video featuring Octane X, the rendering software powered by the Render Network (RNDR). No doubt this huge milestone attests to the Render Network’s incredible presence as the ideal blockchain for rendering. #OctaneX was featured in today’s @Apple keynote!Apple users can augment the massive increase in rendering power on the M4 with access to near unlimited high performance…

BitMEX Research, an analytics arm of global cryptocurrency exchange BitMEX, explains the specifics of the upcoming BTC halving. Fourth Bitcoin (BTC) halving will be special: BitMEX Unlike the first three halvings of Bitcoin (BTC), the upcoming event will be much closer to its difficulty adjustment. Namely, BTC emission halvening will happen two-thirds of the way through a difficulty adjustment period, BitMEX Research announced in a tweet. As a reminder, this 4th halving will occur two thirds of the way through a difficulty adjustment period https://t.co/ImMO3mps7e — BitMEX Research (@BitMEXResearch) April 19, 2024 The block reward halves every 210,000 blocks, while…

Polkadot developer Kian Paimani has proposed a flexible inflation upgrade for the network to address the issues tied to the blockchain’s inflation logic. According to the proposal’s GitHub document, the Polkadot relay chain’s current state presents various challenges, including high inflation rates. These stem from outdated infrastructure and parachain slots’ ineffective influence on inflation. Additionally, adjusting the inflation rate is complex, requiring manual intervention via source code modifications rather than streamlined on-chain governance. The proposal further recognizes that Polkadot’s inflation rate is intricately linked with its staking mechanism and lacks ideal configurability. This interdependency complicates attempts to forecast inflation accurately…

Bitso, the Mexico-based, Latam-focused cryptocurrency exchange, recently launched its own Web3 wallet, targeting the decentralized finance (defi) ecosystem. The idea behind this new product is to ease the onboarding of Bitso’s customers into this landscape, allowing them to dabble in non-fungible tokens (NFTs), decentralized exchange, and other services from a trustable platform. Bitso Launches Web3 Wallet, Hints at Possible Own Blockchain Development Latin American exchanges are catching up to their global counterparts by offering Web3 services to their customers. Bitso, one of the largest cryptocurrency exchanges in the region, has announced the release of an in-house developed Web3 wallet. The…