Author: NBTC

Bitcoin price failed to clear the $67,000 resistance. BTC trimmed gains and is now struggling to stay above the $63,650 support zone. Bitcoin started another decline after it failed to surpass the $67,200 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $66,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but the bears might remain active near the $65,500 zone. Bitcoin Price Dips Again Bitcoin price struggled to clear the $67,000…

DMarket emerged as the top-ranking non-fungible token (NFT) collection on Monday, with a daily sales volume of US$842,038, which represents a 1% uptick from the day prior. The collection had a total of 36,900 transactions, involving 4,304 unique buyers and 3,555 sellers. DMarket is a Mythos-based collection that represents in-game items for popular games like Counter-Strike 2 and Dota 2, both of which feature in top esports competitions. The International 2021, a Dota 2 tournament held in Bucharest, Romania, had a prize pool of US$40 million, the largest in esports history. DMarket’s market-leading daily sales on Monday pushed its historic…

Richmond FED President Thomas Barkin expressed his expectation that higher interest rates would further slow the economy and reduce inflation to the central bank’s 2% target. Barkin, who has the right to vote on monetary policy this year, said in a statement today that the strong labor market offers the FED an opportunity to ensure that inflation falls sustainably before reducing borrowing costs. However, he also warned of the risk that persistent inflation in housing and services could drive high price increases, as has been observed this year. “I’m optimistic that today’s restrictive interest rate level can reduce demand to…

Solr Network has delivered its Token creator targeting the Solana blockchain, through which users can easily build and control customized tokens. It comes with its package of effectiveness, cost-effectiveness, and safety factors. With the help of the Token Creator, users will be provided the option of creating SPL tokens on Solana sans any coding know-how. It comes with the least fee for developing Solana tokens and will offer a high connectivity rate to an entire array of users, such as builders and companies. In addition, there is a high level of safety regarding dismissing mint and freeze issues while the…

OG Labs, a popular modular artificial intelligence chain, has commenced an exclusive partnership. The company says it has collaborated with the BTC staking infrastructure program ‘Mirror Staking Protocol’ also referred to as ‘Mirror’ to have an improved experience including the latest developments. On its X account, OG Labs disclosed the details of the partnership. 1/ 💥0G is pleased to partner with Bitcoin staking infrastructure project @Mirror_L2This will provide access to:a) DA functionality, b) Modularity for enhanced interoperability, c) Improved security via 0G Storaged) 0G-based AI models.Here’s why this is big🤩#0g_labs… pic.twitter.com/HFcwmtP0oZ — 0G Labs (@0G_labs) April 24, 2024 OG Labs…

Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, got the green light to list its common stock on the New York Stock Exchange, the company said on Monday. The EXOD ticker on the NYSE comes as government regulators are stepping up enforcement actions against cryptocurrency projects and developers. While that’s certainly a cause for concern, Exodus CEO and co-founder JP Richardson said EXOD was qualified by the U.S. Securities and Exchange Commission and can also trade on NYSE American, formerly known as the American Stock Exchange (AMEX). “What’s really cool about this is that our common stock…

MetaMask, the most popular crypto wallet for Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV. The optional new feature, called Smart Transactions, will allow users to submit transactions to a “virtual mempool” before they are officially cemented on-chain. According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees. MEV is extra profit that blockchain operators can extract from users by previewing or re-ordering transactions…

BitcoinOS released its whitepaper presenting innovative solutions addressing Bitcoin’s scalability and smart contract limitations. The innovations include BitSNARK technology and Grail Rollup Bridges, facilitating seamless communication and asset movement between Bitcoin (BTC) and other blockchains. Though not explicitly mentioned in the whitepaper, CASTL is a shared infrastructure concept that ensures the security and interoperability of these projects within the Bitcoin ecosystem. Unlike alternative approaches that create separate sidechains for defi on Bitcoin, BitcoinOS focuses on leveraging Bitcoin’s inherent capabilities for complex transactions and defi applications directly secured by the Bitcoin network. The whitepaper aims to assist in reaching Bitcoin’s potential…

Joachim Nagel, President of the Deutsche Bundesbank and a member of the ECB, emphasized the urgency for central banks to reassess their business models and swiftly adopt central bank digital currencies (CBDCs). Speaking at a high-level panel during the Bank for International Settlements (BIS) Innovation Summit on May 6, Nagel expressed concern over the uncertain future facing central banks. He noted a significant shift in perspective, saying: “If you would have asked me 20 years ago if the central bank business model was destroyable or not, I would have said no. Now I am not so sure anymore.” Nagel stressed…

Portuguese data protection watchdog CNPD has ordered Worldcoin (WLD) to halt biometric data collection for 90 days. That follows massive complaints from citizens within the past month. PORTUGAL’S DATA REGULATOR SAYS IT RECEIVED DOZENS OF COMPLAINTS ABOUT WORLDCOIN IN THE LAST MONTH – STATEMENT #News #Markets #live — Capital Hungry (@Capital_Hungry) March 26, 2024 The regulator has yet to confirm the reason behind the suspension, but it seems to involve legal developments. Some experts speculate that CNPD could use the three months for detailed discussion with the WLD team. Worldcoin continues to face regulatory challenges amid its global expansion. For…