Author: NBTC
The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more than 91.55 million transactions, bringing in $8.71 billion per CryptoSlam. However, in 2024, the total transactions dropped significantly, only reaching 70.89 million. Nonetheless, an increase in unique buyers and sellers helped balance the scales, with the former totaling 7.5 million and the latter reaching 4…
Blockchain tracking platform Whale Alert, which traces down large cryptocurrency transfers, has detected the awakening of an ancient cryptocurrency whale that holds millions of dollars worth of Ethereum. The tweet specified that this wallet was a pre-mine address that returned to active life after 9.4 years and contained 1,940 ETH. Ethereum ICO participant comes back with huge profit Adding more details to this, the @lookonchain analytics account tweeted that this pre-mine whale was an Ethereum initial coin offering (ICO) participant who received his 1,940 ETH from the Ethereum Genesis block. Back in 2014, his Ethers cost $601, while now it…
Robinhood plans to launch options trading in the UK by 2025, backed by FCA approval and growing retail investor demand. The company is expanding to Asia with a Singapore headquarters to anchor its financial services for regional markets. Robinhood has been making waves in the financial industry, with big attempts to broaden its capabilities and global reach. Targeting a rising pool of regular investors ready to investigate complex trading products, the business intends to launch options trading in the UK in early 2025. This action marks a successful 2024 whereby Robinhood solidified its leadership in easily available financial services. The…
Crypto miner Marathon Digital mimics MicroStrategy’s playbook, announcing plans to raise fresh capital to fund its insatiable Bitcoin appetite. In a press release on Monday, the largest US crypto miner announced it will raise $700 million to increase its Bitcoin stash. The firm intends to raise the funds by offering convertible senior notes to entities “believed to be qualified institutional buyers” under the law. Notably, Marathon announced the convertible notes are unsecured, with investors obligated to reclaim them in 2031. Per the announcement, MARA reserves the right to offer investors an additional $105 million worth of convertible senior notes, totaling…
Grayscale’s ETHE leads Ethereum ETFs with $4.73 billion in assets despite reporting no daily inflows. Fidelity’s FETH dominates daily inflows with $82.96 million, marking significant trading activity within Ethereum ETFs. Ethereum ETFs collectively report $88.92 million daily inflows, with net assets totaling $12.12 billion. As of December 26, the SoSoValue data update reports that the daily total net inflow amounts to $88.92 million, with cumulative net inflow reaching $2.60 billion. The total value traded stands at $390.23 million, while total net assets for Ethereum ETFs are reported at $12.12 billion, representing 2.99% of Ethereum’s market capitalization. Grayscale’s ETHE Tops Assets,…
Binance Increased its JASMY Holdings by Adding 350 Million JASMY its Portfolio, JASMY $1 Sooner Than Expected
Altcoin JASMY continues showing bullish indicators igniting 10x pump potential. JASMY mirrors Bitcoin’s steady sideways movement hinting at $1 JASMY price arrival. Binance adds 350 million JASMY to its portfolio further showcasing JASMY’s success. Since Bitcoin (BTC) set its latest ATH at $103,900.47, altcoins have reacted bullishly. Some altcoins began to pump between 50% to 500% while some like SUI and ONDO went on to set new ATHs of their own. Many altcoins continue to show bullish indicators signaling major pumps ahead. JASMY HIts at 10x Price Pump and $1 Target Movement While BTC price slumped into a slow and…
It’s been a wild year for crypto gaming, with some real surprises in the mix. At the start of the year, who would’ve thought that tap-to-earn gaming—a super-streamlined riff on the play-to-earn model—would become the biggest story of the year? And who thought we’d end the year with a huge crypto game making serious inroads with mainstream gamers? That’s just the tip of the iceberg for the interesting twists we saw this year, so with 2025 right around the corner, here’s a look back at seven games that really defined crypto gaming over the last 12 months. And stay tuned,…
Binance’s Pre-Listing Pool Binance Alpha Announces Its 7th Project Group! Here Are Those Projects
Binance Alpha, a pre-listing pool for cryptocurrency projects on Binance, has announced its seventh batch of selected projects. Binance Alpha Announces Seventh Project Batch Across Three Blockchains This diverse group encompasses three major blockchain ecosystems: BNB Chain, Ethereum, and Solana, demonstrating Binance’s commitment to fostering innovation in the crypto space. Current Projects AITECH (BNB Chain): AITECH provides advanced AI-driven solutions for blockchain technology, leveraging BNB Chain’s robust infrastructure for scalability and efficiency. VISTA (Ethereum): VISTA aims to revolutionize decentralized applications (dApps) by providing advanced tools for developers and end users on Ethereum. EVAN (Solana): Focused on high-speed, low-cost transactions, EVAN…
Genius Group Limited, an education and AI firm based in Singapore, has expanded its Bitcoin-focused strategy by acquiring an additional $1.8 million worth of Bitcoin. This acquisition brings the company’s total holdings to 172 Bitcoin (BTC), valued at $15.8 million, with an average purchase price of $92,006 per Bitcoin, according to a company press release. The move follows Genius Group’s earlier commitment to allocate at least 90% of its reserves to Bitcoin, aiming for an initial treasury target of $120 million. The firm, which integrates AI solutions into education, views Bitcoin as a cornerstone of its financial strategy. CEO Roger…
Ethereum could handle more transactions and run faster by processing most of them simultaneously, a new study reveals. A new study shows that almost 65% of Ethereum‘s transactions could be processed at the same time, potentially making the network much faster. In a Friday blog post, analysts at layer-1 network Sei (SEI) revealed that many of Ethereum’s transactions don’t depend on each other and could run simultaneously, allowing the network to handle more transactions and improve its speed. Right now, Ethereum processes transactions one after another, which is also known as sequential processing. For example, if someone sends 1 (ETH)…