Author: NBTC

World-renowned auction house Christie’s officially debuted their first on-chain generative art collection entitled SOURCE (On NFTs) on Thursday, with over 400 pieces created by crypto and NFT artist Robert Alice. According to Christie’s website, the works are “a form of digital graffiti” that recasts “the tradition of color field paintings” made popular by abstract painters in the mid-nineteenth “as a celebration of the RGB color spectrum that characterizes digital art.” Christie’s and Alice Make History With New Collection “Referencing the importance of blockchains as a new form of publishing, and the idea of NFTs as fundamentally made out of text,…

Ethereum price is consolidating near the $4,000 zone. ETH is again moving higher as the bulls seem to be aiming for a move above the $4,200 level. Ethereum traded to a new multi-month high above $4,080 before correcting lower. The price is trading above $4,000 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $4,025 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its increase if it clears the $4,085 resistance zone. Ethereum Price Regains Strength Ethereum price spiked above the $4,000 resistance zone, like…

New York City-headquartered blockchain startup Monad Labs is seeking $200 million to build the scalable smart contract distributed ledger. Monad Labs, a blockchain startup founded by former Jump Trading staff, is reportedly aiming to secure $200 million in funding and is already in talks with crypto venture firm Paradigm, which has indicated its intention to lead the funding round with a commitment of $150 million, Fortune has learned, citing sources familiar with the matter. While other investors are also being approached, their identities have not been disclosed. At the time of writing, Monad Labs has not made any public statements…

Amid the latest Shiba Inu upsurge, a SHIB investor has secured a profit of over $1,580,000 ($1.58 million) with an initial investment of $2,521 in early 2021. Lookonchain, a blockchain surveillance platform with a knack for spotlighting these plays, revealed the impressive investment move in a recent post on X. Citing on-chain data, the platform noted that the investor first entered into the Shiba Inu market with a total of $2,521 in 2021. This trader spent only 1.51 $ETH($2,521) to buy 49.8B $SHIB($1.93M currently) in 2021! After 2.6 years of staking, he withdrew all 40.5B $SHIB($1.58M) and deposited it into…

EdgeCloud is scheduled to launch on May 1, 2024. The Theta team will leverage its experience in 3D 360 rendering to focus more on AI computing jobs. Moving forward, Theta Labs will upgrade its edge nodes worldwide to ensure that the versions align with development. It will better support 3D rendering test jobs. Participants are slated to receive rewards in TFUEL. More plans are in the pipeline, focusing on taking the development forward. For instance, EdgeCloud aims to enable full 3D rendering and AI applications that utilize 3D. This includes the use of complex 3D visual effects for animations and…

Bitcoin‘s resilience shines through as it stages a remarkable recovery, climbing over 8% in a single day to reach $67,231.45. This bounce back, especially after a concerning dip below the $60,000 mark, reignites discussions around Bitcoin price predictions, with many investors and analysts eagerly speculating on the potential for new highs. As the trading volume soars to nearly $76 billion, the digital currency’s robust performance underscores its unwavering dominance and the sustained investor confidence in its long-term value proposition. Bitcoin Price Prediction Bitcoin (BTC/USD)’s pivot point at $65,000 serves as a foundational marker, delineating the bullish territory. Immediate resistance levels…

A Close Examination by U.S. Offices Reveals No Need for New IP Laws In a groundbreaking assessment conducted by the U.S. Copyright Office and the U.S. Patent and Trademark Office (USPTO), it has been determined that the current framework of intellectual property (IP) laws sufficiently encompasses the burgeoning realm of Non-Fungible Tokens (NFTs). This conclusion comes amidst widespread concerns over piracy and IP infringement within NFT marketplaces. Unraveling IP Challenges in the NFT Ecosystem The collaborative study, unveiled on March 12, delved deep into the implications of IP law and policy as they pertain to NFTs, a digital phenomenon that…

Ethereum (ETH) has caught the attention of investors as its risk reversals turned negative for upcoming expiries, according to the data from QCP Capital, a crypto asset trading firm. Notably, risk reversal is a measure of how much the market thinks prices might change. When ETH’s risk reversal goes negative, it suggests people are more worried about prices dropping. This change could be because more people want to buy put options, a kind of protection against possible losses if their bets on rising prices go wrong. On the other hand, people who have invested in altcoins are also getting in…

Ripple navigates complexities for liquidity in the emerging tokenized economy. Digital asset liquidity as both challenge and opportunity explained. Strategies and commitment to unlocking liquidity in tokenization. As the tokenized economy emerges, its potential for businesses is vast, yet liquidity challenges persist. In the final part of Ripple’s Tokenized Economy series, the project delves into these complexities and offers solutions to bridge the liquidity gap. The tokenized economy holds immense potential for businesses and financial institutions, but liquidity hurdles can’t be ignored. To close out our tokenization series, we unravel the complexities and explore solutions for bridging the liquidity gap.https://t.co/dR9si93097…

Fetch.AI (FET) has demonstrated remarkable performance in the crypto market today, securing its position among the top-three performers. The asset witnessed an impressive 17% gain within the last 24 hours, marking a significant milestone by crossing the $2 threshold for the first time ever. This surge, propelling Fetch.AI to the 64th place among the top cryptocurrencies by market cap, is a testament to the growing investor confidence and market optimism surrounding its technological advancements and future potential. Why Is Fetch.AI Price Up Today? This surge in FET’s price can be attributed to a pivotal announcement by the Fetch.AI Foundation, which…