Author: NBTC
As 2024 draws to a close, Bitcoin (BTC) finds itself in the spotlight once again. Currently trading at $95,016, Bitcoin has seen modest but steady gains of 0.28% over the past 24 hours, 3.47% over the past week, and an impressive 38.44% in the last month. With its market cap soaring and technical indicators flashing bullish signals, all eyes are on Bitcoin’s potential performance during the festive season. Could we see BTC hitting new milestones this Christmas? Bitcoin’s key levels to watch Bitcoin’s price momentum has been exceptional, with the cryptocurrency up 127% over the last year, outperforming Ethereum and…
Viral internet personality Hailey Welch, also known as the “Hawk Tuah” girl, has been silent on social media following last week’s controversial introduction of a memecoin that has since plummeted by more than 95%. The HAWK token initially spiked to a $500 million market cap before rapidly tumbling as heavy selling pressure from early investors overwhelmed demand from newcomers. The market cap is now hovering around $20 million and trading volume is less than $500,000 over the past 24-hours. The debut led to widespread criticism, culminating in a YouTube video by internet sleuth Coffeezilla dubbed “exposing the hawk tuah scam.”…
Dmail.ai, the new platform for blockchain-based decentralized messaging, has recently disclosed its latest collaboration with Cytonic, the pioneer of interoperability in the blockchain ecosystem. This partnership will leverage Dmail’s experience in decentralized, AI-driven private messaging fundamentals and Cytonic’s advanced MultiVM to enhance Web3 messaging capability and security. Dmail.ai: Top Decentralized Communication In the context of Dmail.ai, it was ensured that Dmail.ai is a secure decentralized messaging platform. With artificial intelligence, the platform offers the first privacy-centric solutions that address the challenges of the Web3 world. Dmail users enjoy direct, secure message delivery, making dApp a keystone of the decentralized web.…
Bitcoin experienced a notable pullback this week, coinciding with news that the U.S. government transferred 10,000 BTC linked to the Silk Road marketplace, according to QCP Capital. Bitcoin Withdrawal Linked to US Government’s Removal of 10,000 Silk Road BTC, According to QCP Reports In its latest market update, QCP noted that the news triggered a shift in market sentiment, with the front-end volatility curve tilting more toward put options rather than calls. This trend suggests an increase in bearish betting or hedging activity among traders in response to the large-scale trading. Despite the decline in cryptocurrency markets, traditional stocks continued…
Binance, the largest crypto exchange platform by trading volume, announced plans to list Magic Eden (ME). The announcement comes ahead of Magic Eden’s confirmed airdrop, which presents a potentially lucrative opportunity for participants. Binance New Listing: What Investors Need To Know In an official announcement on Tuesday, December 10, Binance said it would list Magic Eden’s powering token, ME. The listing will happen at 15:00 UTC, with four spot trading pairs to go live. “New Spot Trading Pairs: ME/BTC, ME/USDT, ME/FDUSD, and ME/TRY,” Binance said. The exchange indicated that users could already start depositing ME in preparation for trading, with…
The growing adoption of Ethereum in DeFi, NFTs, and gaming demands innovative solutions to handle increasing transaction volumes. The maturity of Layer 2 solutions alongside Ethereum 2.0 will mark a major shift in blockchain scalability. Ethereum, since its inception in 2015, has been the cornerstone of decentralized finance (DeFi), NFTs, and smart contract applications. However, as the Ethereum network gained popularity, its scalability issues became evident. High gas fees and network congestion have often made it expensive and inefficient for users. To address these challenges, Ethereum Layer 2 solutions have emerged as crucial components for scaling Ethereum in 2025 and…
Shiba Inu (SHIB) recently drew the market’s attention with a remarkable surge in burn rate. Notably, the SHIB burn rate surged over 1,000%, drastically reducing the amount of tokens in circulation. This move has heightened investor anticipation for a bullish SHIB price movement. Soaring SHIB burn rate According to Shiburn data, the SHIB burn rate increased by 1,068% within the last 24 hours. As a result, 51,763,782 SHIB tokens were sent to dead wallets and permanently removed from circulation. HOURLY SHIB UPDATE$SHIB Price: $0.00002657 (1hr 0.33% ▲ | 24hr -15.22% ▼ )Market Cap: $15,674,923,016 (-15.09% ▼)Total Supply: 589,257,325,374,679TOKENS BURNTPast 24Hrs:…
This is the third in a series of stories examining the crypto industry’s high-stakes 2024 foray into politics and campaigning. The first explored the electoral track record of Fairshake PAC’s strategy and the second its intense use of a 2010 Supreme Court stance. The leaders of the companies responsible for the river of money that flooded U.S. political shores this year have already benefited tremendously from the outcome of last month’s election — increasing their personal fortunes by billions of dollars, far outpacing the large spending they devoted to crypto-friendly candidates. Coinbase Inc. (COIN) CEO Brian Armstrong and his company…
ZNS Connect, a decentralized naming solution provider for Web3, has announced its launch on Sonic Labs mainnet. By going live on the mainnet of Sonic Labs, ZNS Connect targets to empower users with streamlined customization in the world of decentralized domains. The platform disclosed this milestone on its official social media account. ZNS Connect live on @SonicLabs Mainnet🏎️💨L.❤️🔥We are thrilled to announce that we are now live on the @SonicLabs mainnet! It’s time to show us just how fast you really are.Mint your .speed domain now https://t.co/t6nJrnKJJX and showcase your awesomeness by customizing your… pic.twitter.com/oO52nvaBzx — ZNS CONNECT (@ZNSConnect) December…
The Head of Research at Intotheblock.com revealed that on Christmas Day, someone stashed 125,000 ETH into the decentralized finance (defi) platform Aave. The platform has been buzzing with activity throughout the last quarter of the year. $417 Million in Ether Stashed in Aave on Christmas On Dec. 25, amidst the holiday festivities, someone using an account linked to the crypto exchange HTX funneled 125,000 ETH, valued at $417 million, into Aave. This defi protocol lets users lend and borrow digital currencies, offering features such as overcollateralized loans and flash loans. Aave spans across 13 different blockchain networks. Source: Intotheblock.com’s @LucasOutumuro…