Author: NBTC

Vanar, a prominent technology company, has announced a groundbreaking partnership with the National Incubation Center (NIC) Karachi. It aims to catalyze the emergence of Web3 talent in Pakistan. This strategic partnership aims to build an ecosystem for future developers through educational programs, workshops, and networking. Last week, Vanar partnered NVIDIA which boosted its token price. NEW STRATEGIC PARTNERSHIP! 🚀We’re joining forces with National Incubation Center Karachi to empower a new wave of Web3 talent in Pakistan. Our mission? To craft an ecosystem nurturing the next-gen of developers through seminars, workshops, and more! pic.twitter.com/98ZcxV2jM0 — Vanar (@Vanarchain) March 22, 2024 Vanar…

Bitcoin’s price has been on an almost vertical rise in the last few days, approaching its all-time high of $69K. Yet, the cryptocurrency might not make a new record right away, as some warning signals are pointing to a short-term correction. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, it is evident that the price has been rallying aggressively during the last month, breaking past several significant resistance levels. The market is currently one step away from making a new all-time high, as there are no significant long-term resistance levels left apart from the $69K level itself.…

Another big discussion topic arises as the SEC is thinking about calling Ethereum a security. This is similar to what they have been trying to do with another cryptocurrency you already know, XRP. When a crypto asset is tagged as a security, it means it might be subject to strict trading regulations. For retail traders, this could mean more paperwork and limitations on buying and selling Ethereum in the U.S. Companies dealing with Ethereum might have to follow rules that apply to stocks and bonds, which could make things complex. However, Ethereum’s nature as a decentralized blockchain makes enforcing these…

VeChain aligns with the community in Belfast for the 2024 roadmap workshop. CEO Sunny Lu emphasizes the importance of 2024 for VeChain’s sustainability. VeChain introduces Galaxy Member NFTs, enhancing community engagement. VeChain has made many big-time announcement and has been contributing to grand events across the world. The most recent convention led them to Belfast, UK, for a technical workshop, collaborating with the VeChain community to outline the roadmap for 2024. In detail, CEO of VeChain, Sunny Lu emphasized the significance of 2024 for VeChain, particularly in constructing the B3TR ecosystem aimed at fostering sustainability. He goes into detail over…

In a significant move towards enhancing Web3 infrastructure, Entangle has announced a notable strategic investment from blockchain incubator Consensys. This investment propels Entangle’s total funding to an impressive $4 million, signaling strong support for the future of decentralized technologies. Earlier this year, Entangle caught the eye of several leading venture capital firms, concluding a private funding round with contributions from Big Brain Holdings, Launch Code Capital, Seier Capital, and Skynet Capital. Consensys’ follow-on investment underscores its commitment to fostering innovative solutions within the blockchain ecosystem. The funding is part of Consensys’ Linea Ecosystem Alliance initiative, which aims to bolster the…

In his recent interview with Bloomberg TV, Chainlink (LINK) founder Sergey Nazarov considered the launch of spot Bitcoin ETFs a “turning point” for the cryptocurrency industry. He said this development marks the beginning of a significant capital flow from global finance to the crypto market. Nazarov said the “net new buyers” driving this bull market cycle are institutional investors around the world. Following the success of Bitcoin ETFs, these investors are now exploring other ways to access digital assets. “Historically, net new buyers drive greater adoption and market cycles,” Nazarov said, adding: “And in this cycle, net new buyers are…

A crypto whale transferred 12,000 ETH to Binance on Wednesday, according to Lookonchain. Ether rose 11% on Wednesday despite regulatory concerns. The options market remains more bearish on ether than bitcoin. An investor holding a large amount of ether (ETH), a so-called whale, who began trading the Ethereum blockchain’s native token in 2017 moved a large chunk of it to crypto exchange Binance on Wednesday, in a possible precursor to liquidating the holding. Roughly 18 hours ago, the address x50b42514389F25E1f471C8F03f6f5954df0204b0 transferred 12,000 ETH (worth $42.8 million at the time) to Binance, according to blockchain sleuth Lookonchain. That’s about 0.01% of…

In an exciting development, the second most popular meme cryptocurrency Shiba Inu has staged a substantial growth in the amount of SHIB that have been locked in unspendable wallets since last morning. In the meantime, the SHIB price has attempted to recover after the recent decline. SHIB burns jump by 103.45% Shibburn meme crypto tracking platform has revealed data about the Shiba Inu burns that have taken place within the period of the last 24 hours. These figures have revealed that the SHIB community has succeeded in burning a total of 34,681,610 SHIB, increasing the burn rate by 103.45%. Burning…

Iceland’s Prime Minister highlights the need for food security, potentially diverting energy resources away from Bitcoin mining. This decision reflects growing concerns about energy consumption associated with cryptocurrency mining operations. Iceland’s shift could signal a broader trend of governments prioritizing essential needs over crypto energy demands. Iceland’s focus on food production could impact Bitcoin’s energy footprint. Analysts weigh in on the potential implications for cryptocurrency markets and the debate surrounding energy-intensive crypto operations. Iceland’s Energy Shift: Food Over Bitcoin Iceland’s plans to prioritize food production over Bitcoin mining could have far-reaching implications for the cryptocurrency sector. Amidst global concerns about…

The financial sector is witnessing a transformative era as blockchain technology, smart contracts, and the tokenization of assets gain traction among industry leaders. A recent report by SWIFT highlighted that roughly 97% of institutional investors view tokenization as a game-changer for the asset management sector. This innovative approach to capital markets infrastructure and institutional workflows is set to redefine traditional processes, offering a glimpse into the future of finance. In this evolving landscape, a noteworthy collaboration between Australia and New Zealand Banking Group (ANZ) and Chainlink Labs has come to light, showcasing the integration of blockchain technology in the global…