Author: NBTC

The estimated net worth of Justin Sun is $1.34 billion, which takes into account crypto assets in his publicly known crypto wallets. However, Justin Sun’s net worth is likely even higher, as that figure doesn’t account for private investments or assets held in private accounts. In this article, we will examine the financial background of Sun, one of the most influential individuals in the crypto industry. Key highlights: Justin Sun’s estimated net worth of $1.34 billion is primarily based on his publicly known crypto assets but likely underestimates his total wealth. His public crypto holdings include major assets like WSTETH,…

Deutsche Telekom has announced its partnership with the Fetch.ai Foundation, an organization co-founded by Bosch and Fetch.ai aimed at fostering the development of AI and Web3 solutions. The telecommunications company became the first corporate partner of the Fetch.ai Foundation. The collaboration also includes Deutsche Telekom’s subsidiary MMS, which will act as a validator for the Fetch.ai blockchain, a decentralized network. MMS’s role as a validator is crucial for ensuring the security and efficiency of the Fetch.ai network, which leverages AI-driven autonomous agents to streamline and secure transactions across various sectors, including healthcare and automotive. “The collaboration between Deutsche Telekom, Fetch.ai…

Bitcoin (BTC) experienced a brief dip, retracing to $48,472. Bitcoin remains bullish, targeting $51,500. Bitcoin (BTC), after hitting a high near the $50,400 mark, displayed a slight downturn, testing the $48,406 level. However, the largest crypto is currently striving to surpass the $50,000 mark again amidst a backdrop of what analysts are terming a “golden bull phase” in the market. Despite the prolonged setback, Bitcoin managed to surge above the $48,500 resistance level, briefly breaching the $50,000 threshold before encountering resistance. A new multi-week high near $50,300 was reached before a corrective move ensued, which was the highest level since…

Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum Ethereum’s (ETH) market capitalization stands at $287 billion, a reflection of its significant presence in the crypto market. However, its 24-hour trading range of $2,364 to $2,479 and a 24-hour trade volume of $9.84 billion indicate a period of heightened volatility and trader caution. This is underscored by the current price…

With $95 million in funding, Eco plans to deliver on crypto’s promises of mass adoption and reliable decentralized payments inclusive of existing mainstream platforms. Eco, the builders behind Ethereum layer-2 wallet Beam, announced its acquisition of the stablecoin-based shopping app Join to bridge the gap between major merchants like Amazon, Shopify, and crypto users. Beam Wallet from Eco is a self-custody wallet allowing users to make payments on Ethereum L2 networks like Coinbase’s Base and Optimism, with features like account abstraction that unlock advanced security and recovery pathways. The Eco protocol boasts some of the biggest crypto backers, such as…

The leading figure of the Shiba Inu ecosystem has asked community members to prepare their wallets for something on the horizon. Shytoshi Kusama, the pseudonymous leader of the Shiba Inu development team, has dropped a new cryptic message, hinting at something crucial for the SHIB Army. Kusama’s message comes after being in the shadows for the past few weeks. On Monday, Kusama took the Shibarium Telegram channel, asking community members to ready their hearts and wallets. This message comes amid the anticipation of Valentine’s Day approaching on Wednesday. “Love is in their air. Prepare your heart (and your wallet)…,” Shytoshi…

Over the past decade, Bitcoin has transformed from a cryptocurrency known to only a handful of tech enthusiasts into a worldwide financial marvel, surpassing all expectations for digital currencies. Bitcoin has been met with skepticism throughout its journey, often dismissed as a speculative craze that would vanish as quickly as the historical tulip mania. Yet, Bitcoin has defied predictions of its demise, instead emerging as a beacon of ongoing innovation. This achievement is mainly due to the introduction of groundbreaking technologies within the Bitcoin framework, particularly its distinctive method of currency issuance: the halving process. To gain deeper insights, this…

In a comprehensive analysis shared via X (formerly Twitter), Alex Thorn, the Head of Firmwide Research at Galaxy, delved into the intricacies of the current Bitcoin market cycle, answering the question “Where Are We In This Bitcoin Cycle?” As Bitcoin trades robustly around $62,000, with a notable spike to $64.000 yesterday, the crypto landscape is witnessing unprecedented dynamics, marked by a surge in ETF inflows, strategic acquisitions by corporate entities, and a palpable shift in investor sentiment towards digital assets. Thorn emphasized how different this cycle is: Effectively, the bull runs of 2017 and 2020 hadn’t yet begun at this…

With an innovative move, the global investment manager VanEck has ventured into the world of non-fungible tokens (NFTs) and digital assets with the launch of SegMint, a revolutionary self-custodial marketplace and platform. By collaborating with technological innovators such as Nueva.Tech, Delegate.xyz, MINTangible.io, Portals.to, and Walletchat.fun, VanEck aims to redefine accessibility and security in the digital asset space, targeting specifically crypto-native users in Europe and Asia. VanEck’s move towards NFTs The limit to access SegMint Conclusions VanEck’s move towards NFTs Founded in 1955, VanEck boasts a rich history in asset management, best known for issuing exchange-traded funds (ETFs). In particular, VanEck…

The Ethereum (ETH) price trades inside an important horizontal area previously providing resistance. ETH also trades inside a confluence of short-term support levels, which can be key in determining the future trend. Ethereum Falls to Channel’s Support The technical analysis of the daily time frame shows that the ETH price has traded inside an ascending parallel channel for the past 95 days. The upward movement led to a high of $2,717 on January 12. The high validated the channel’s resistance trend line (red icon). However, Ethereum has fallen since and trades close to the pattern’s support trend line. Currently, ETH…