Author: NBTC

US online trading platform Robinhood has announced an exclusive non-fungible token (NFT) giveaway. Robinhood Wallet users can now participate in the new giveaway from Notable.art, a new fine-art-centric platform bridging digital and physical art. Specifically, they can acquire exclusive digital sketches from prominent American artist Hunt Slonem. The campaign will consist of four total NFT giveaways happening once every two weeks. Each of these will feature different artwork by Slonem. According to the press release shared with Cryptonews, the NFTs will be accessible via the Web3 tab in the Robinhood Wallet app on iOS. They will be minted on Notable…

Ethereum Price Prediction: Amid a widespread market pullback, Ethereum’s native token, ETH, experienced a sharp decline from its $2700 peak. Over two weeks, this altcoin saw a 17.7% drop in its value, now trading at $2233. Examination of the daily chart reveals that the coin is having difficulty maintaining its position above the support trendline of a long-coming channel pattern. Despite the prevailing market uncertainty, the ongoing progress towards the Dencun upgrade and the potential introduction of a spot Ethereum ETF are anticipated to reinforce the fundamental strength of the network, potentially sparking natural growth. Ethereum Price Prediction: Why $ETH…

Senator Elizabeth Warren, along with her three Democratic counterparts, called on Federal Reserve Chairman Jerome Powell to lower interest rates. The call comes as part of an effort to ease rising housing costs, which are a matter of concern ahead of this week’s central bank policy meeting. In a letter dated Jan. 28, senators expressed concern that higher interest rates are worsening the nation’s ongoing housing access and affordability crisis. They called on the Fed to consider the impact of interest rate decisions on the housing market and reverse interest rate increases that have put affordable housing out of reach…

LUNC News: A former Joint L1 Task Force (L1TF) developer, along with other developers and Terra Luna Classic validators, has started working on 800 million USTC burn to reduce the circulating supply of stablecoin by burning balance in a contract, according to the latest detail. Terra Luna Classic Starts Testing 800 Mln USTC Burn The Terra Luna Classic developer Fragwuerdig on February 13 revealed that a testnet rehearsal is ongoing in response to to community’s plan to 800 million USTC burn. The move comes after the community decided to burn instead as no fund recovery via the wallet owners is…

The trader who accurately called the crypto market crash of 2021 thinks Bitcoin (BTC) is primed to head to much higher prices. The pseudonymous crypto analyst known as Dave the Wave shares a chart with his 144,800 followers on the social media platform X that outlines a possible scenario for the top crypto asset by market cap for the next year or so. The chart has BTC jumping to around $70,000 in the first quarter of 2024, then correcting down to around $35,000 by the middle of the year, before taking off to $180,000 by early 2025. The analyst first…

The Bitcoin price has now successfully crossed the $59,000 level after an incredibly bullish month of February. The market leader has also barreled ahead of all expectations during this time as well, continuing to rally at a time when prices are expected to crash ahead of the next halving. Institutional Investors Drive Bitcoin Price Higher One of the major drivers behind the Bitcoin performance over the last day has been institutional investors. These investors have continued to take advantage of the opportunities provided by the Bitcoin Spot ETFs approved by the Securities and Exchange Commission (SEC) in January. While there…

Decrypt’s Art, Fashion, and Entertainment Hub. This past weekend at NFT Paris, steps away from the Eiffel Tower, scores of high-ranking executives from the world’s top fashion, automotive, watch, and alcohol brands mingled with crypto thought leaders to discuss the on-chain future of the luxury industry. These brands have spent the last three years dipping their toes into various blockchain-backed experiments, ranging from immersive online metaverses to ultra-limited drops of special products crafted for NFT holders. Soon, though, says Romain Carrere, CEO of the Aura Blockchain Consortium—a collective founded by leading luxury brands to forge a unified approach to blockchain…

In a significant development that marks the end of an era for the Celsius Network, now rebranded as Ionic Digital Community, the company has made a pivotal announcement that will have far-reaching implications for its users. The Celsius App, a platform that has been integral to the company’s operations and services, is slated for closure on February 28. The decision initiates a critical countdown for users, urging them to secure their digital assets and manage their transaction records promptly. Proactive Measures Urged for Custodial Account Holders As the closure date looms, Ionic Digital Community is leaving no stone unturned in…

In the rapidly evolving landscape of blockchain technology, one platform stands out for its innovative approach and scalability solutions: Polygon. Formerly known as Matic Network, Polygon has rebranded itself to better reflect its expanded vision and capabilities beyond just a scaling solution. This deep dive explores the intricacies of Polygon, its utility, competitive edge, and the latest partnerships and developments that are shaping its ecosystem. You can view the current price of MATIC here. What is Polygon? At its core, Polygon is a multi-chain scaling solution for Ethereum, designed to provide faster and more cost-effective transactions without sacrificing security. It…

Bitcoin surged to a new 2024 high Wednesday, recovering from a brief dip Tuesday spurred by disappointing inflation data, analysts say. Equities and ether also climbed. Bitcoin (BTC) came close to breaking through $52,000 Wednesday morning in New York after two days of hovering around the $50,000 level. The largest cryptocurrency lost as much as 2.8% Tuesday following the latest consumer price index reading, which showed annual inflation currently sits at 3.1%, higher than economists had predicted. Bitcoin’s turnaround though is a sign that the asset follows both a risk-on and risk-off narrative, Noelle Acheson, author of the “Crypto is…