Author: NBTC
NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.
Emotional resilience is key in Bitcoin’s current bull market. Minor price fluctuations should not induce panic among investors. The golden bull phase signals the approach of new all-time highs. The cryptocurrency market, particularly Bitcoin, is entering what many are calling a golden bull phase, marked by significant optimism and potential for new all-time highs (ATH). However, with this bullish momentum comes increased volatility, including occasional price dumps that can test the emotional resilience of investors. The key to navigating this market successfully lies not just in strategic financial decisions but in managing one’s emotions amidst the inevitable ups and downs.…
XSY, the most recent enterprise established by Input Output Global, is being introduced. Another noteworthy development is that IOG appointed David Marley as the COO and W. Sean Ford as the CEO. This pertains to an emerging stablecoin initiative. An economic engine that seeks to bring new development and open the way for possibilities relating to everyone in their community is at the heart of every blockchain ecosystem. This is typically accomplished via two methods: application development and the construction of diverse digital assets, including NFTs, tokens, stablecoins, and others. This invariably contributes to the development of a token that…
The Ethereum Foundation reportedly sold another 700 ETH for 1.68 million DAI at an average price of $2,406. The transaction was carried out over two addresses, 0xbc9 and 0xd77, in the last 40 minutes. Here’s a breakdown of the process: Ethereum Foundation (0xde0) transferred 2,000 ETH to wallet 0xbc9 on January 10 and 11, 2024. Wallet 0xbc9 transferred 700 ETH to wallet 0xd77 50 minutes ago. Wallet 0xd77 then sold 700 ETH via Cow Protocol for 1.68 million DAI. Finally, wallet 0xd77 sent 1.68 million DAI to the Ethereum Foundation (0x9ee). In total, over the last six days the Ethereum…
Web3Intelligence, the developer of Web3 investment app Dopamine, has raised $4.5 million ahead of the launch of of its native token DOPE. The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io, among other investors, according to an emailed announcement shared with CoinDesk on Thursday. DOPE will serve as a utility token for accessing Dopamine, which provides a gamified experience for investment in the decentralized finance (DeFi) world. The token set to be available on popular centralized exchanges and decentralized exchanges in the first quarter, the statement said. Institutions holding DOPE would also get access to Web3Intelligence’s…
EQTY is building—on the Hedera blockchain—a solution for AI companies that allows them to track the characteristics of LLMs and provide transparency on how they are trained and function. Accenture is testing the solution and if found viable, it will be implemented for the consulting giant’s global clientele, which includes dozens of Fortune 100 companies. The era of artificial intelligence is upon us, but as ChatGPT, Gemini, and other chatbots take over our lives, the debate on their inner workings and how they are trained is heating up. EQTY uses blockchain to offer a solution that tracks the complex functioning…
Ethereum has been exhibiting a robust and sustained upward trend, showing its mettle in the volatile cryptocurrency market. At the time of writing, the price of ETH was hovering around $3,743, surpassing its moving averages with considerable bullish momentum. The cryptocurrency community is now eagerly anticipating the breach of the significant $3,500 price threshold, marking a potential milestone for Ethereum’s continued ascent to the highly-coveted $4,000 price tag. Notably, the current price has surged well above the 50-day moving average, which stands at approximately $2,700, underscoring the strength of the ongoing bullish trend. Furthermore, the 100-day moving average, situated at…
In a world where large financial institutions influence the global economy, bitcoin stands out as a force for change, driving forward inclusion and diversity in the financial sector. At its core, bitcoin represents more than just digital currency; it symbolizes a departure from the age-old financial structures dominated by a few large entities and families. These gatekeepers, often criticized for consolidating wealth among the elite, have perpetuated a cycle that extracts wealth from the economically disadvantaged. Contrary to the centralized control of traditional banking, bitcoin enables direct financial exchanges without intermediaries. It reduces transaction costs and opens up access to…
Major cryptocurrencies began the week lower as investors continued to be concerned about the Bitcoin price drop, thus seemingly reducing their exposure to the broader market in expectation of lower pricing. Ethereum, the second-largest cryptocurrency by market value, fell 2.66% in the last 24 hours to $2,408, mirroring the overall market trend. Since reaching a high of $2717 on Jan. 12, Ethereum has steadily declined, bringing it to a crucial demand zone that remains decisive for its short-term price action. According to Ali, a crypto analyst, ETH is currently in a key demand zone, ranging between $2,388 and $2,460. If…
Axiom, a protocol that allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain, has raised $20 million in a Series A funding round led by Standard Crypto and Paradigm Ventures. The funding will go towards growing the team as well as developing their platform, according to a draft blog post sent to CoinDesk. “We’re really focused on helping the smart contract developers access this new primitive and plug it into their applications in a native way,” said Yi Sun, the co-founder of Axiom, in an interview with CoinDesk. Axiom is among a new…
The Litecoin blockchain network continues to boost network relevance through partnerships. Litecoin (LTC) bulls are leading the altcoin rally. The Litecoin Blockchain, like many of its peers, is strengthening its position, along with the entire Litecoin ecosystem with external partnerships. Over the years, blockchain networks have tapped multiple organizations to kickstart a long-term partnership poised to deliver lasting results to both parties. The Litecoin blockchain is one such platform that has adopted this practice, with a core focus on merging the traditional market with cryptocurrency industries. A deep dive into Litecoin’s partnership track record spotlights the significance of the collaboration…