Author: NBTC

Crypto enthusiasts have been drawn to the allure of 20% stablecoin yields, a tempting proposition even after the crypto market’s tumultuous 2022 experience. This renewed interest revolves around a seemingly straightforward idea, creating a stablecoin that maintains a one-to-one peg with the US dollar while offering yields competitive with traditional markets. While traditional market terminology might appear out of place in the crypto world, the 20% drop in Bitcoin from its recent high demand scrutiny, given the hype surrounding the launch of exchange-traded funds (ETFs) focused on the original cryptocurrency. Various factors are being attributed to this significant drop in…

Shiba Inu’s marketing lead and top crypto expert Lucie suggests that Shibarium is preparing for a big win amid the upcoming Bitcoin bull run. In a tweet yesterday, She characterized Shibarium as a little guy whose ambitious dreams are about to come to pass. According to Lucie, the Shiba Inu ecosystem team will collaborate with top industry players to strengthen the popular Layer-2 scaling solution. Aside from the upcoming partnerships, Lucie mentioned that Shiba Inu’s native tokens, including SHIB, BONE, and LEASH, will also pave the way for an imminent takeoff for Shibarium. Get Ready for #Shibarium’s Big Win! In…

Billionaire Mike Novogratz says that wave after wave of US debt accumulation is giving him 34 trillion reasons to have unwavering confidence in the future of Bitcoin (BTC). In a new post on the social media platform X, the Galaxy Digital CEO says the US government is shelling out billions of dollars per day just to pay the interest on the country’s burgeoning $34.230 trillion debt. “I can think of 34 trillion reasons to believe in BTC… America is spending over $2 billion every day on interest payments alone. That’s over $83 million EVERY HOUR!!” Many Bitcoin investors believe that…

On Thursday, a collection of tokenized artwork from the Musée d’Orsay’s first-ever commission of an on-chain exhibition will hit the market—the product of two experimental artists, months of coordination by the museum’s leadership, and thousands of exhales from unknowing strangers. The pieces, five single-edition NFTs minted on the Tezos blockchain collectively titled “The Convergence of Breath,” are the fruits of an art installation (and partial social experiment) now on display at Musée d’Orsay, which features in the museum’s ongoing, digital-themed exhibition, “Le Code d’Orsay.” The installation, a steel sculpture titled “Sigma Lumina,” was created by the French artist and DJ…

Ethereum just had one of those moments where the big story is what didn’t go wrong. A bug in Ethereum’s Nethermind client software – used by validators of the blockchain to interact with the network – knocked out a chunk of the chain’s key operators on Sunday. It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for “client diversity.” Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain’s most popular execution client, had gone out; the question is…

AI has been the core of innovation for the past five years now. A segment that backs a lot on artificial intelligence is trading. Riding on the same hype of automatic trading, crypto trading is expected to rely heavily on AI soon. According to a report by Valuates Reports, the market size for AI Crypto Trading Bots is expected to reach $145.27 Million by 2029. Markets for AI Crypto Trading Bots to ascend till 2029 According to Valuates Reports, the market for artificial intelligence crypto trading bots was estimated to be worth $21.69 million in 2022. This same market is…

VeChain has announced that it will be attending the Mobile World Congress in Barcelona, Spain, and its CEO will speak at the event. With few details provided on the main focus of Sunny Lu’s presentation at the event, VeChain community members have been left to speculate on what he could talk about. VeChain (VET) has announced that it will be participating in the famous Mobile World Congress 2024 (MWC2024). According to them, CEO Sunny Lu would speak at the event on February 28, and would be joined by Nobel Laureate Sir Konstantin in the “keynote track” labeled as “Partners to…

Up like a rocket, down like a rock. This is the story of bitcoin and what drives its magnetic allure. Time after time the bitcoin boom/bust cycle has delivered the goods for the high risk speculator and here we are in the next crypto vertical. To me this looks like a classic breakout and it is about time that it happened seeing how core to my model is the impending halvening. This event, where new bitcoin supply halves, has driven bitcoin prices before and it’s fair to guess that halving the supply has led to a doubling of price. The…

A key group of offshore bondholders of China Evergrande plans to join a lawsuit seeking to liquidate the company at a hearing in a Hong Kong court on Monday, according to a report from Reuters. The bondholder group, which owns more than $2 billion in offshore bonds guaranteed by Evergrande, is supporting a liquidation petition against the world’s most indebted construction company. Sector lawyers said that this move increases the possibility of a quick liquidation decision from the court. If a liquidation order is issued, an interim liquidator will be appointed, followed by an official liquidator, to take control and…

In a blazing start to March, the feverish activity of Bitcoin has set it up for its largest monthly increase in almost three years early Thursday. Money pouring into listed bitcoin funds is fueling a huge gain, and bitcoin is now just a stone’s throw away from a record high. Source: Coingecko Investor Frenzy As Bitcoin Set To Reclaim $64K The primary cryptocurrency rose as much as 14% late Wednesday to momentarily reach $64,000 — its first move above $60,000 since November 2021 — before reversing part of the gains. BTC was trading at $62,540 as of this writing, according…