Author: NBTC

Renowned trader Peter Brandt recently published an insightful analysis titled “Does history make a case that Bitcoin has topped?” In his new essay, the veteran trader delves into the concept of exponential decay, suggesting that Bitcoin’s bull market cycles have gradually lost momentum over time. Brandt highlights four significant bull cycles in the history of Bitcoin, with the current surge marking the fifth. He notes a concerning trend: Each successive cycle has seen a diminishing exponential advance, indicating a loss of about 80% of the momentum from previous cycles. Applying this trend to the current cycle, the expert projects a…

Japan continues its exploration of a “digital yen” central bank digital currency (CBDC) and what form it should take. A regular update published this month by the Bank of Japan (BoJ) Payment Services Department looks at what additional functions a digital national currency could (or should) have. Its findings come from consultations with potential users in the business world and concern what form it should take, how it might interoperate with existing payment systems, and privacy/scalability issues. The process overall is called a “pilot project,” which recently has involved the BoJ and over 60 stakeholders from the business and financial…

The Venom token, the native cryptocurrency of the Venom Foundation‘s decentralized network, has experienced a 30% surge in its price over the past 24 hours. As of the latest reports, the token is trading at $0.7311, with a trading volume of $60.3 million. VENOM 24-hour price chart | Source: CoinMarketCap The recent uplift in VENOM’s market value is linked directly to the launch of its mainnet on March 28, alongside a VENOM token airdrop event. Venom operates as a Layer-1 blockchain originating from the Abu Dhabi Global Market (ADGM), distinguished by its Layer-0 asynchronous blockchain technology. This includes a unique…

Bitwise CIO Matt Hougan said that the U.S. adopting comprehensive stablecoin legislature could signal the long-awaited “mainstreaming of crypto.” In a note addressed to clients, Hougan theorized that stablecoin regulations may have an even bigger impact than the largely successful spot Bitcoin (BTC) ETFs. “The launch of bitcoin ETFs in the U.S. epitomizes this transition, but it’s not the only road marker. Others include BlackRock launching a tokenized Treasury fund on the Ethereum blockchain, Europe passing comprehensive crypto legislation, Ray Dalio calling on investors to own “non-debt money” like bitcoin, and more.” Matt Hougan, Bitwise CIO Stars align for stablecoins…

Financial technology has been an incredible growth sector for investors and innovators. But relatively soon, blockchain will become the only part of fintech that matters. The success story of fintech over the past 15 years has been defined by tremendous developments on the part of electronic and online payments systems, with companies like PayPal, Venmo and Stripe becoming household brands. (Not to mention the evolution of monoliths like American Express, Visa and Mastercard.) Only three years ago, venture funding for fintech companies topped $140 billion. But since then, investment in the sector, particularly in early-stage rounds, has dwindled to levels…

Bitcoin (BTC) is experiencing a sell-off from institutional investors, with outflows from Bitcoin spot ETFs occurring for the third consecutive day. Meanwhile, the Depository Trust & Clearing Corporation (DTCC) will no longer provide collateral value for cryptocurrency-based exchange-traded funds (ETFs). Bitcoin has seen increased demand from institutional investors through the Bitcoin spot ETFs approved in February. Notably, these financial instruments registered massive capital inflows in the following weeks of approval, led by BlackRock’s (NYSE: BLK) IBIT. In the meantime, BTC reached a new all-time high of $73,805 on March 14, now retraced to $63,000. However, Bitcoin spot ETFs registered $421.8…

Meta Pool DAO launches the first Latin American fund aimed at helping crypto projects located in frontier markets, becoming the first DAO to launch a Latin American incentive fund to promote crypto projects in the region. The fund’s objective is to provide entrepreneurs in Latin America with the opportunity to develop and start working on their crypto proposals. The initiative is carried out through a grants fund composed of various financing rounds known as mpDAO Grants, which recently completed round number 6. Claudio Cossio, co-founder of Meta Pool, stated, “One of the main objectives of Meta Pool is to support…

The Fantom Foundation recently announced a significant partnership with Sam Kazemian, the founder of Frax Finance. Kazemian has joined as an angel investor. His expertise and financial support will propel Fantom into its next phase of growth. This collaboration marks a pivotal step for Fantom, enhancing its ecosystem and technological capabilities. In conjunction with this partnership, Frax Finance has committed to deploying its native issuance assets. These assets will launch on the first day of the Fantom Sonic technology stack. This strategic move signifies the deepening ties between Fantom and Frax Finance. It also showcases their mutual commitment to advancing…

The Worldcoin operator Tools for Humanity is expanding its services in Mexico, the firm announced, in spite of lawmakers’ calls for a government probe into its iris-scanning drive. Per the media outlet Criptonoticias, the company said it had opened iris-scanning centers in the capital Mexico City, as well as Guadalajara and Monterrey. WLD prices over the past week. (Source: CoinGecko) Worldcoin Operator to Launch Mexico City Scanning Center Worldcoin has nine regional centers in Mexico where staffers can collect citizens’ biometric data, making it the third-largest base for the project in the Latin America region. The project has also enjoyed…

Eclipse pioneers the first Neon Stack integration, bringing EVM (Ethereum Virtual Machine) compatibility to SVM (Solana Virtual Machine) networks.—Eclipse, driven by the vision of blending Ethereum and Solana’s strengths, aims to redefine the blockchain landscape. By incorporating SVM capabilities, Eclipse seeks to harness Solana’s high transaction throughput within Ethereum’s ecosystem.At the heart of this transformative endeavor lies Neon Stack—a battle-tested technology suite developed by the core Neon EVM team. Neon Stack standardizes development processes, facilitating seamless EVM compatibility for smart contract developers on SVM-based blockchain networks, as envisaged by Eclipse for its SVM L2.Neon Stack, comprising Neon EVM smart contracts…