Author: NBTC

Today, XPUNKS, the project credited with kickstarting the XRP NFT craze in 2021 announced its departure from the XRPL, aiming instead for the greener pastures of Solana. A video released by XPUNKS, showing the XRPL logo rhythmically fading away followed by ecstatic music and a Solana logo revealing itself, makes it quite clear that XPUNKS has set its sights on Solana. XPUNKS may very well be the biggest NFT project you’ve never heard of. Gaining significant notoriety in 2021 by releasing an IOU token on the XRPL and front-running the release of its upcoming NFT amendment, XPUNKS not only invented…

Dogwifhat (WIF), an emerging meme coin in the cryptocurrency world, has seen a significant influx of investment from a single Solana (SOL) trader, sparking widespread interest and speculation among the crypto community. According to a recent tweet by the blockchain analytics platform Lookonchain, an unidentified trader withdrew a substantial sum of 16,160 SOL, equivalent to approximately $2.15 million, from Binance. 5 hours ago, a fresh wallet withdrew 16,160 $SOL($2.15M) from #Binance and spent the 16,160 $SOL($2.15M) to buy 2.43M $WIF at $0.8871.Did he know something that we don’t?https://t.co/Ajhl4hlNSu pic.twitter.com/Qte5nvyFes — Lookonchain (@lookonchain) March 1, 2024 The funds were then used…

South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18. Per Yonhap, the event was hosted by the Seoul-based Financial Services Commission (FSC), South Korea’s top financial regulator. South Korean Regulators Aiming for International Crypto Cooperation? The FSC announced that its international conference would “share the progress of digital finance policies in ASEAN countries.” The parties said they wanted to “resolve risks” surrounding crypto and other matters. The regulator said the meeting was part of an event named “South Korea-OECD Roundtable: On Digital Finance in…

Gnosis Chain, a leading blockchain platform, has unveiled uRamp. It is a revolutionary solution designed to facilitate seamless on and off-ramping for users within the Gnosis Chain ecosystem. Gnosis Pay was launched at the ETHCC last year, and the company shared its vision and roadmap for Gnosis 3.0. It indicates its commitment to improving its payment network. We are proud to unveil uRamp, a groundbreaking on & off ramping solution for the Gnosis Chain ecosystem!uRamp leverages @monerium’s regulated euro stablecoin and @lifiprotocol’s liquidity aggregation technology to seamlessly move euros from the bank to the blockchain and back. pic.twitter.com/9xHnhs5vwB — Gnosis…

Every four years, the amount of Bitcoin doled out to cryptocurrency miners halves in a process imaginatively known as the Bitcoin halving (or halvening, though the term has fallen out of favor in recent years). Here’s why—and how—it works. Bitcoin’s supply limit To understand the Bitcoin halving, we must first understand the theory behind its supply. The inventor of Bitcoin, Satoshi Nakamoto, believed that scarcity could create value where there was none before. After all, there’s only one Mona Lisa, only so many Picassos, a limited supply of gold on Earth. Bitcoin was revolutionary in that it could, for the…

The Bitcoin blockchain continued leading the non-fungible tokens (NFTs) market on Tuesday despite sales volume dropping by 44.36%, as of 2:30 p.m. ET. Bitcoin recorded US$12.2 million in NFT sales while the network’s native cryptocurrency dropped to as low as US$62,349, according to CryptoSlam. About US$5 million of those sales came from Uncategorized Ordinals, a category of digital assets on the Bitcoin network that is not part of a collection. NodeMonkes, a collection of 10,000 NFTs on Bitcoin, was the market’s highest-selling collection with US$2.5 million. Ethereum and Solana extended Monday’s trend by trailing the Bitcoin network in NFT sales,…

In today’s volatile cryptocurrency market, Axelar’s AXL token has surged by an impressive 81% following the announcement of its listing on Binance, the world’s largest cryptocurrency exchange. The listing news, which came directly from Binance, triggered a flurry of trading activity, propelling AXL’s price to $2.73 per token, marking an astonishing increase from its pre-announcement level of $1.49. The rapid price movement is a common occurrence associated with Binance listings, as traders anticipate increased liquidity and exposure. Notably, one trader capitalized on the news, making a substantial profit of $56,028 within just eight minutes of the listing announcement. This trader…

The Russian government is planning to build a platform that will allow the nation’s law enforcement agencies to seize and hold crypto they confiscate from criminals. Per the newspaper Izvestia, the platform is the brainchild of the Russian Minister of Internal Affairs Vladimir Kolokoltsev. Russian Government Seeks Way to ‘Store’ Confiscated Crypto The newspaper wrote on March 18 that it had seen an official document that contained instructions for the Ministry of Finance. The document reportedly informs the ministry that it must “look into” ways to create the new platform. The ministry must report on its efforts by October 1,…

In the realm of digital finance, the importance of seamless transactions and capital efficiency cannot be overstated. Users of the Polygon Proof of Stake (PoS) network are experiencing a noteworthy enhancement in their transactional dealings as the platform commences the initial stage of integrating native US Dollar Coin (USDC) into its ecosystem—a move set to refine the user experience and financial fluidity significantly. A Shift Towards Streamlined Efficiency Originally launched on the Polygon PoS network in the previous autumn, native USDC was introduced as an answer to the community’s call for a more efficient and user-friendly experience. This integrated form…

With institutional interest surging and technological advancements paving the way, the demand for Bitcoin is unprecedented. This surge in demand and finite supply could result in a staggering 6,300% price rally over the next 15 years. Growing Institutional Demand for BTC The simple yet profound principle of supply and demand is at the heart of this prediction. Bitcoin’s architecture ensures that only 21 million BTC will ever be minted. Today, approximately 93.5% of these have already been mined. This scarcity is a key driver behind Bitcoin’s value proposition. Michael Saylor, co-founder and executive chairman of MicroStrategy, emphasized that miners will…