Author: NBTC

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…

In a surprising display of the nature of cryptocurrencies, Solana-based memecoin Book of Meme (BOME) surpassed $1 billion market cap in just 2 and a half days. However, now the BOME wind seems to have calmed down and the market value of the altcoin has decreased to around 700 million dollars. So which cryptocurrency wallets made incredible gains during this memecoin’s rise from zero? Here are the wallet addresses compiled by the cryptocurrency analysis company Arkham. 5BXKt: from $3,400 to $202,400 (+5800%) 5BXKt made a single purchase of BOME for 20 SOL just half an hour after BOME was launched.…

As tokenization continues to be adopted in several sectors, Japan-based financial firm Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), a subsidiary of Sumitomo Mitsui Financial Group, Inc. (NASDAQ: SMFNF), has expressed a keen interest in experimenting with the offering in real estate. The firm stated that it will proceed with the pilot initiative through the United States-based tokenization platform Vertalo to revolutionize the local real estate industry. The SMFL’s latest collaboration will integrate Vertalo’s token platform with its existing asset tracking platform, AssetForce. While AssetForce primarily focuses on physical assets, SMFL argues that the offering can be extended to…

A widely followed crypto analyst is updating his outlook on Bitcoin’s (BTC) path forward in the ongoing bull market cycle. In a new video update, crypto strategist Jason Pizzino tells his 320,000 YouTube subscribers that he is closely watching to see if Bitcoin will hit key price targets to the upside, which could lead to a six-figure value. “Looking at some price targets. $72,500, get past that, obviously the all-time high at $74,000. My next two targets are $78,500. That one is based on this level here: we’ve got our extension tool from the weekly swing, so the low of…

Google “new stablecoin” every week or so, and the odds are pretty good you’ll see another one emerging from stealth. Tether currently dominates stablecoin trading, but potentially clawing away some of its business could be quite lucrative. The USDT creator reported nearly $1 billion per month in profit in the last quarter of 2023. A large part of Tether’s appeal for traders is its liquidity. There are over 100 billion USDT in existence, which represent over 70% of all stablecoins, according to DeFiLlama. But a new crop of upstart stables are hoping to beat Tether on a different point —…

In a notable development, WSPN and MathWallet have partnered to launch StableWallet. It is a cutting-edge digital asset management solution leveraging advanced account abstraction (AA) technology, according to remarks made by Raymond Yuan, Founder of WSPN. In addition to this, the collaboration is a significant step forward in enhancing the efficiency and security of managing digital assets in the Web3 ecosystem. StableWallet Revolutionizes Digital Asset Management StableWallet will revolutionize digital asset management by merging private key wallets with smart contract accounts. Customer access to advanced features and customization options is seamless with this integration. Moreover, StableWallet gives users peace of…