Author: NBTC
In a move that promises to redefine cross-chain interoperability, Router Chain, the industry-leading chain abstraction platform, has announced the integration of the SUI network, a robust layer-one blockchain. This latest development follows successful integrations with networks like Tron, Osmosis, Solana, and Bitcoin, further cementing Router Chain’s reputation as a pioneer in decentralized cross-chain connectivity. The integration of SUI opens new doors for users and developers, offering seamless cross-chain experiences that leverage Router Chain’s unmatched speed, cost-efficiency, and decentralized infrastructure. This marks a significant step in enabling SUI users to interact across 30+ connected ecosystems with unprecedented ease. A Rising Star…
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. The 14th Amendment and the Debt Limit The debt limit is the amount of money the United States government can borrow to pay its existing legal obligations. These include Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and more. In June 2023, the Fiscal Responsibility Act of 2023 suspended the debt limit through January, 1 2025. The U.S. Treasury anticipates that sometime thereafter—say, somewhere between Jan. 14 and Jan. 23– the U.S. government would be required to take extraordinary measures to…
Shibarium, the layer-2 protocol associated with Shiba Inu (SHIB), has witnessed a spike in activities resulting in remarkable development. According to Lucie, the marketing lead at Shiba Inu, the total value locked (TVL) has hit an all-time high (ATH) of $8.57 million. Shibarium’s current TVL This signals the growing adoption of Shibarium and increased user engagement. It also highlights the growing confidence among users as they staked more funds in the ecosystem. Lucie appreciated the Shibarium family for the massive support they have given to the network. “Thank you, SHIBARIUM FAM,” she wrote. #Shibarium TVL ATH$8.57mThank you SHIBARIUM FAM$BONE $SHIB…
Bitcoin (BTC) nursed losses during Monday’s Asian trading hours amid frenzied trading in memecoins TRUMP and MELANIA. The leading cryptocurrency by market value briefly dipped below $100,000, representing a 4.5% drop on a 24-hour basis. ETH, XRP, SOL and BNB posted bigger losses, with ADA and DOGE losing over 10%, according to data sources CoinDesk and Coingecko. TRUMP, the memecoin linked to President-elect Donald Trump, which debuted Saturday, tanked 30% to $49, as Trump’s wife, Melania launched her own memecoin, MELANIA. “The Official Melania Meme is live! You can buy $MELANIA now,” Melania Trump posted on the social platform X…
Ripple CTO David Schwartz has addressed concerns over a recent XRP Ledger incident, which saw nodes halting or not making progress for a brief period on the network. In reaction to the incident, Bill Morgan, an XRP enthusiast and attorney, sought clarification on what developers meant when they described XRPL as “halted” rather than “down,” comparing the recent incident to past issues experienced by Solana. I think the distinction is whether or not it’s still producing valid ledgers. If so, you can argue that it’s not down. But I think whatever technical arguments you want to make, if you can’t…
Michael Saylor’s latest hint at another Bitcoin purchase comes amid an electrifying period for the crypto market. BTC price is closing in on new monthly highs, with BTC/USD nearing $105,500 on January 19, according to data from TradingView. The potential alignment of institutional accumulation with broader market dynamics underscores the growing optimism around Bitcoin’s performance. Michael Saylor Drops Another BTC Buy Hint Bitcoin has risen by approximately 12% month-to-date, showing bullish momentum heading into the inauguration of President-elect Donald Trump. Analysts, including Pentoshi, foresee all-time highs “pretty soon.” The sentiment is echoed by Eljaboom, who noted Bitcoin is entering the…
According to a report from Whale Alert, nearly 18.81 million XRP, which is practically equivalent to $25.03 million, have been transferred from the platform of the world’s largest crypto exchange to an unknown destination. Such transfers often cause excitement in the community as, according to popular belief, large withdrawals from centralized exchanges are often initiated by whales to store their purchased tokens in noncustodial proprietary wallets. On the other hand, these movements are conversely perceived as the desire of a large player to sell its assets on a more liquid platform, such as Binance. What can we say about the…
Bitcoin price started a short-term downside correction from the $106,250 zone. BTC is consolidating above $100,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $106,250 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $104,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 support zone. Bitcoin Price Holds $100K Bitcoin price started a decent upward move above the $100,000 zone.…
Dogecoin (DOGE), the largest meme coin, has set a record for network activity, with 60.9 billion tokens shifted by large investors in 24 hours. Such intense movement usually indicates increased interest from large investors, often called whales, in anticipation of bullish momentum. Spike in Dogecoin whales According to IntoTheBlock data, Dogecoin has seen a 41.2% surge in large transaction volume in the last 24 hours. Large transactions refer to those greater than $100,000, according to IntoTheBlock’s definition. It often reflects whale actions, which might signify strong buying or selling pressure. Notably, the large transaction volume for DOGE came to $23.35…
The NFT sector has recently expressed a remarkable activity this week. As per Phoenix Group, CryptoPunks has dominated the NFT market by securing the all of the top ten sales during the recent seven days, signifying a growing appeal as a leading NFT collection. The on-chain analytics provider took to social media to share the surging position of CryptoPunks. TOP #NFT SALES IN THE LAST 7D Among largest sales in the last 7D are: #CryptoPunkLargest Sale: CryptoPunk #5402 – $560.17K pic.twitter.com/lUpfkG5gaD — PHOENIX – Crypto News & Analytics (@pnxgrp) January 19, 2025 CryptoPunk #5402 Dominates Top Ten Weekly NFT Sales…