Author: NBTC

Is Bitcoin’s hype in Argentina real? Discover why its adoption lags and what hurdles stand in its way despite global enthusiasm. In Argentina, economic woes have reached critical levels, marked by an annual inflation rate soaring at a staggering 276% by Mar. 12. As the value of the Argentine peso plummets, citizens are seeking refuge in alternative assets. One such refuge is Bitcoin (BTC), as reported by Bloomberg. Bloomberg’s findings reveal that Bitcoin purchases on Lemon, the nation’s premier retail crypto exchange, surged to nearly 20-month highs. Lemon recorded almost 35,000 transactions in the week ending Mar. 10, doubling the…

The Solana network is again experiencing congestion and commission problems. According to a Ledger support post on March 19, users may receive network or transaction error messages due to network congestion. This can occur when attempting to send, stake, or cancel a Solana (SOL) staking on Ledger Live. 👋Hey #Solana users!The Solana network is currently experiencing congestion and issues with fees 🚧As a result, you might encounter error messages like ‘Network error’ or ‘Your transaction might have failed…’ when attempting to send, stake, or unstake $SOL in Ledger Live… pic.twitter.com/XbO47CS6bq — Ledger Support (@Ledger_Support) March 19, 2024 Users were advised…

Pyth Network, a financial data oracle network, and Caldera, the modular blockchain platform, have announced the integration of rollups and Oracle data, according to information shared with Finbold on March 27. Thanks to the collaboration, real-time price feeds and market data are now available with a single click, marking a significant milestone in blockchain development. An enhanced developer kit Caldera, renowned for swift deployment of production-grade OP Stack, Arbitrum Orbit, and Polygon CDK rollups, now offers developers an enhanced toolkit. The toolkit grants developers access to a range of real-time price feeds covering a spectrum of major asset classes. The…

Quick Take Bitcoin (BTC) ETFs witnessed net inflows on March 27, totaling a solid $243.4 million, equivalent to 3,534.7 BTC. Leading the charge was BlackRock’s IBIT, which recorded a net inflow of $323.8 million, or 4,701.5 BTC, bringing its total net inflow to an impressive $13,862.7 billion, equivalent to 250,787 BTC. This is the largest inflow BlackRock has seen in 7 days and over ten times more than its lowest inflow just last week. BitMEX data shows that Ark Investment Management’s ArkB had a record day, raking in $200.7 million in net inflows, equivalent to 2,915.2 BTC, pushing its total…

Shiba Inu marketing lead Lucie shares a sneak peek into SHIB: The Metaverse, highlighting ongoing progress and future updates of the project. Lucie has provided an update regarding SHIB: The Metaverse, Shiba Inu’s metaverse project. In a recent tweet, Lucie shared a short clip showing the progress made by the vibrant team of developers working on the project. She expressed excitement for the next preview into SIB: The Metaverse while hinting at major plans that could be unveiled in subsequent updates. Can’t wait for the next sneak peek ☺️. #ShibTheMetaverse has huge plans, and @treatsforShib are a big part of…

Empoli FC, a historic Italian football club, partners with Wov Labs to pioneer web3 technology in sports, enhancing fan engagement through tokenization. Leveraging the VeChain blockchain, the club ensures seamless interaction and rewards for fans, ushering in a new era of fan engagement dubbed Experience 3.0. Empoli FC, an esteemed name in Italian football with a rich history tracing back to 1920, has joined forces with Wov Labs in an innovative collaboration aimed at redefining the fan experience. Embracing tokenization technology as a trailblazer in the realm of web3 within the sports industry, the club endeavors to spearhead sports tech…

The monthly demand for Bitcoin has reportedly surged to nearly 213K tokens within 2024. The crypto analytics platform CryptoQuant has disclosed that along with this demand spike, the token’s availability has slumped to 2.7M, indicating the tightest liquidity. As per the reports, whale activity has played a significant role in driving the jump in demand from 40K to above 213K BTC. In 2024, monthly demand surged from 40K to 213K $BTC, driven by ETFs & whale activity.Meanwhile, available #Bitcoin dropped to 2.7M, signaling the tightest liquidity since March 2020.Is this the beginning of a liquidity crisis? Let’s look into this…

The Soroban smart contract platform has been launched on the Stellar network, making smart contracts fully functional on this platform thanks to its introduction. Furthermore, a $100 million adoption fund has been created to promote the development and adoption of Soroban. Let’s see all the details below. Soroban makes smart contracts operational on the Stellar network Stellar: from foundation to transformation Brief focus on the price of Stellar Soroban makes smart contracts operational on the Stellar network As anticipated, the launch of the Soroban Development Foundation (SDF), a platform for smart contracts on the Stellar network focused on payments, marks…

As Hong Kong continues its experimentation with a central bank digital currency (CBDC), one non-profit is gleaning upsides for improving the state of global shipping with blockchain technology. The plan involves using blockchain as the underlying technology for electronic bills of lading (eBL). Hong Kong-based non-profit Global Shipping Business Network (GSBN) disclosed that it had successfully completed a prototype eBL in mid-March, earning praise from industry stakeholders. GSBN CEO Bertrand Chen confirmed that the prototype, developed in collaboration with Ant Group, could transform into an industry-wide eBL solution, given its wide reach and Hong Kong’s unique position as a leading…

Bitcoin reached a new ATH level in March, exceeding its previous ATH of $69,000. After this rise, BTC experienced a correction to the $ 60,000 level, but BTC later recovered again. At this point, while investors’ bullish expectations continue, a new post came from CryptoQuant CEO Ki Young Ju. Pointing out that Bitcoin’s current movements are similar to the previous bull cycle, the famous CEO said that BTC entered the real bull market by breaking its previous ATH. Comparing Bitcoin’s bullish cycle in 200-2021 with its current cycle, Ju said that Bitcoin’s bullish cycle consists of recovery, breaking the ATH…