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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.

Analyst Jason Pizzino Predicts Bitcoin Price Targets and Potential Spurring of 2024 Altseason – Here’s His Outlook

A widely followed crypto analyst is updating his outlook on Bitcoin’s (BTC) path forward in the ongoing bull market cycle. In a new video update, crypto strategist Jason Pizzino tells his 320,000 YouTube subscribers that he is closely watching to see if Bitcoin will hit key price targets to the upside, which could lead to a six-figure value. “Looking at some price targets. $72,500, get past that, obviously the all-time high at $74,000. My next two targets are $78,500. That one is based on this level here: we’ve got our extension tool from the weekly swing, so the low of…

Bitcoin

To unseat Tether, upstart stablecoins are sharing the wealth

Google “new stablecoin” every week or so, and the odds are pretty good you’ll see another one emerging from stealth. Tether currently dominates stablecoin trading, but potentially clawing away some of its business could be quite lucrative. The USDT creator reported nearly $1 billion per month in profit in the last quarter of 2023. A large part of Tether’s appeal for traders is its liquidity. There are over 100 billion USDT in existence, which represent over 70% of all stablecoins, according to DeFiLlama. But a new crop of upstart stables are hoping to beat Tether on a different point —…

Altcoins

WSPN and MathWallet Partner to Launch StableWallet

In a notable development, WSPN and MathWallet have partnered to launch StableWallet. It is a cutting-edge digital asset management solution leveraging advanced account abstraction (AA) technology, according to remarks made by Raymond Yuan, Founder of WSPN. In addition to this, the collaboration is a significant step forward in enhancing the efficiency and security of managing digital assets in the Web3 ecosystem. StableWallet Revolutionizes Digital Asset Management StableWallet will revolutionize digital asset management by merging private key wallets with smart contract accounts. Customer access to advanced features and customization options is seamless with this integration. Moreover, StableWallet gives users peace of…

Blockchain

Bitcoin Price Primed To Clear $71,500 and Rally Again

Bitcoin price is again rising above the $70,000 resistance zone. BTC seems to be setting up for a steady increase above the $71,500 resistance zone. Bitcoin price is climbing higher and above the $70,000 resistance zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a crucial bullish trend line forming with support at $70,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could soon start a fresh rally if it clears the $71,500 resistance zone. Bitcoin Price Regains Strength Bitcoin price remained well-supported above the $69,000 resistance…

Bitcoin

Injective Launches Important Token Tool As INJ Bleeds

Injective Protocol, a decentralized finance-centric platform, has launched TokenStation. In a blog post on March 18, Injective said the solution, deployed on its mainnet, allows users to launch native tokens. With this tool, Injective said it would empower anyone to create their tokens in a low-fee and scalable environment. Injective Launches TokenStation, Strikes Key Partnership The tool was developed by the Injective community and aims to “remove barrier to entry for token creation.” Like the token creation tools on Solana and Ethereum, for example, using TokenStation, part of the blog post won’t require coding experience. Related Reading: Top Reasons Why…

Altcoins

Pioneer in AI on Bitcoin L2, Powered by Polygon

In the current high-speed digital environment, artificial intelligence (AI) has gained a pivotal position, and the power is still in the hands of a few large corporations. With this centralization of AI technology, the troubles that come inherent in a centralized system are set. The role of a transparent, censorship-resistant AI infrastructure is gaining new importance, especially for democratizing AI applications in a trustless atmosphere. The adoption of the decentralized approach has to overcome the biggest obstacle in the existing blockchain models, which are already unable to optimally store and process the large computing models, which are very computationally consuming.…

Blockchain

Roger Ver Issues Crucial Ross Ulbricht Bitcoin (BTC) X Post

Roger Ver, former “Bitcoin Jesus” known as a rigorous proponent of Bitcoin Cash for many years now, has taken to the X platform (formerly popular as Twitter) to remind the cryptocurrency community about the founder of the Silk Road darknet marketplace – Ross Ulbricht. Roger Ver's important tweet about Ulbricht Ver reminded the community that Ulbricht was sentenced to a double lifetime term in prison without a chance of parole. Ulbricht was arrested in 2013, when he was 29; the Silk Road, where illegal drugs were traded for Bitcoin, shut down the same year. Since that year, he has been…

Bitcoin

Ethereum’s co-founder proposes new plan to boost decentralization in crypto staking

Ethereum co-founder Vitalik Buterin has launched a proposal to enhance the decentralization and fairness of the Ethereum network’s staking process, marking a significant stride in refining the protocol. Dubbed the “anti-correlation incentive” program, this initiative seeks to penalize what is considered routine mistakes by validators, such as failing to complete an attestation—a process vital for the network’s security and efficiency. The rationale behind Buterin’s proposal stems from an observation within decentralized systems: errors made by one participant are likely to be mirrored across other nodes or validators controlled by the same entity. The anti-correlation incentive is designed to discourage such…

Ethereum

Solana Meme Coin Presales Have Raised $150 Million—What Could Go Wrong?

Some members of the Solana community have begun vocally pushing back against meme coin presales—an increasingly common, dubious practice that has seen crypto traders blindly send tens of millions of dollars to strangers in the hopes of getting in early on the next BONK, WIF, or BOME. Amid the multi-billion dollar explosions of several Solana-based meme coins in the last three months—a phenomenon that has helped rocket the blockchain back to prominence—numerous crypto influencers have begun taking advantage of the frenzied FOMO atmosphere by promising early, discounted allocations of certain meme coins before launch to traders that send SOL to…

Altcoins

Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains

Data tracked by 21.co shows $1.08 billion in Treasury notes has been tokenized through public blockchains. The tally has risen nearly 10-fold since January 2023 amid elevated interest rates worldwide. The market for tokenized U.S. Treasury debt is booming. The market value of Treasury notes tokenized through public blockchains like Ethereum, Polygon, Valanche, Stellar and others has crossed above $1 billion for the first time, data tracked by Tom Wan, an analyst at crypto firm 21.co, show. Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as tokens on the blockchain. The market value has risen…

Blockchain