Author: NBTC
After an impressive performance in the past two months, Ethereum (ETH) price has reached a crucial resistance level above $3,953, which could either delay or confirm further bullish sentiment. The largest altcoin, with a fully diluted valuation of about $476 billion and a daily average traded volume of about $30 billion, successfully retested its bullish breakout from the multi-year falling logarithmic trend. However, Ethereum price could consolidate in the near term to attract more buyers, especially as Bitcoin (BTC) price steals the show with a rally beyond $105k earlier today. Consequently, the highly hyped altseason could take much longer to…
Ripple CEO Brad Garlighouse has spoken out about the imminent launch of the company’s own stablecoin, as Ripple USD, or RLUSD, approaches its long-awaited launch. Responding to the announcement of exchange partners for the digital asset pegged to the dollar, Garlinghouse made a bold statement that RLUSD will become the gold standard for enterprise-grade stablecoins. Built on trust, liquidity and compliance, RLUSD has been nearly a year in the making, the Ripple CEO said, and as its launch nears, it has trusted exchange partners, market makers and an advisory board. To ensure reliability, RLUSD is backed by short-term U.S. Treasury…
Australia’s crypto industry is reeling from controversial remarks made by the Australian Securities and Investments Commission (ASIC) Digital Assets Lead during a liaison meeting that addressed initial feedback on a controversial consultation paper. Rhys Bollen compared Bitcoin to cigarettes used as currency in prisons while responding to questions about applying Non-Cash Payment Facility (NCP) legislation to digital assets, during the meeting on Wednesday. An NCP refers to any payment method that does not involve physical cash, including digital wallets, credit cards, and cryptos. The example in question focuses on using stablecoins for payments, which ASIC interprets as triggering an NCP…
Binance, the world’s leading cryptocurrency exchange, announced Valve (VANA) as the 62nd project on the Launchpool platform. Binance Introduces Valve (VANA) on Launchpool Valve is an EVM-compatible native Layer 1 blockchain designed to leverage user-owned data. VANA Farming on Binance Launchpool Users can lock up BNB and FDUSD to earn VANA tokens as rewards. Farming begins at 03:00 on December 14, 2024 and continues for two days until 02:59 on December 15, 2024. Key Launch Details Token Name: Valve (VANA) Maximum Token Supply: 120,000,000 VANA Genesis Token Supply: 112,641,600 VANA (93.87% of maximum supply) Launchpool Token Rewards: 4,800,000 VANA (4%…
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH/s. Bitcoin Hashrate Hits Record-Breaking 805 EH/s Over the weekend, bitcoin (BTC) has stayed comfortably above the $100,000 mark, and by Sunday afternoon, it’s been playfully nudging its all-time price high. Alongside these price adventures, Bitcoin’s network hashrate hit a peak of 805 EH/s on Dec. 14, 2024. As of 2:45 p.m. Eastern Time on Dec. 15, the network’s power is cruising at…
NBA legend Scottie Pippen, a well-known basketball player, has come out with a new viral social media post on the topic of cryptocurrencies. Some people may not know, but recently Pippen has been discussing and writing much on the topic of cryptocurrencies; in particular, sometimes he claims that Satoshi Nakamoto, the mysterious creator of Bitcoin (BTC), comes to him in his dreams. In a new post, Pippen again made such a claim, saying that Satoshi came to him in a dream and gave him Santa’s list. On this list, according to the former basketball player, Bitcoin was listed opposite names…
The founder of Catly, a new video game described as “AI-slop” that debuted at the 2024 Game Awards in Los Angeles last week has a history with failed NFT and blockchain games. The first game from SuperAunthenti Co., Catly’s trailer left X users questioning how it secured a Game Awards spot and promotion by big-name influencers, such as Pokimane and Ninja. The studio’s co-founder, Kevin Yeung, also launched TenthPlanet, a game company focused on Web3, NFTs, digital ownership, and blockchain-based games. In 2022, his studio reportedly planned to launch two blockchain games and sunk $2.5 million into a cat-themed project…
ENA has risen as the top performer in the last 7 days driven largely by key developments within its ecosystem and heightened whale activity. Over the past month, Ethena (ENA) has surged by 96.6%, driving its market capitalization from $420 million in mid-September to $1.14 billion. Most of these gains occurred in the last 7 days, with ENA seeing a 45.1% rise during that period. Central to ENA’s price rally has been the ongoing expansion of the Ethena ecosystem. Ethena Labs recently passed a pivotal proposal to integrate Ethereal, a decentralized exchange built on the USDe stablecoin, into its reserve…
The Ton Trading Bot has partnered with Kat Knight, an RPG built on the blockchain integrated with the TON Network. This integration incorporates sharp trading instruments with an epic Web3 gaming environment, thus establishing new benchmarks for decentralized gaming and finance. Partnership Announcement: TonTradingBot x Kat KnightWe are excited to announce our partnership with @TONKatKnight, an innovative blockchain-based RPG on the TON network. 💎Kat Knight is a groundbreaking role-playing game where players summon unique Cat Knights, engage in epic… pic.twitter.com/LRpSOkbojm — Ton Trading Bot (@TonTradingBot) December 14, 2024 Kat Knight: A New Wave of Blockchain RPG Kat Knight is an…
OSL Digital Securities has expanded its OTC offerings with the addition of Toncoin, boosting investor access to The Open Network’s native token. Hong Kong‘s regulated crypto broker OSL Digital Securities has added Toncoin (TON) to its over-the-counter trading services, allowing professional investors to trade the token. The new offering is part of OSL’s strategy to expand its services and meet the growing demand for crypto in the region, the firm said in a Dec. 13 press release. Effective immediately, eligible users can trade TON against USD, USDT, and HKD on OSL’s platform. The service also includes custodian services and fiat…