Author: NBTC
Blockchain and Web3 tracking platform DappRadar reported a significant growth in the blockchain gaming sector for November 2024. The blockchain gaming sector held a 28.2% market share, with an average of 6.8 million daily active wallets (dUAW). That is a 16% increase from the sector’s dUAW in October. In a post on X, DappRadar highlighted the top gaming blockchains for November, including opBNB, Matchain, Ronin, Nebula, and Near Protocol. Others include Aptos, Immutable zkEVM, Polygon, Base, and Kaia. 3/ Top Gaming BlockchainsopBNB dominated as top performing blockchain backed by popular titles like @gomblegames and @Seraph_global while @Matchain secured the second…
Ripple’s XRP has shifted to Binance, where whales have been making deposits since 2021. XRP is still a long-term bet for rapid appreciation, raising new hopes with each bull cycle. XPR whales prefer Binance for their deposits. Since 2021, reserves on Binance increased, despite the pruning of liquidity pools and pairs. Whales started more active deposits three years ago, and Binance remains the preferred market, with significant XRP reserves. More than 14% of all XRP trading is concentrated in the two available Binance trading pairs, making the exchange a suitable hub to bet on XRP volatility. According to CryptoQuant, the…
With President-elect Donald Trump naming Paul Atkins as SEC Chair and venture capitalist David Sacks as the first-ever White House Crypto Czar, the crypto industry is poised for a seismic shift. These appointments mark a significant departure from the SEC’s enforcement-heavy stance under Gary Gensler and signal the Trump administration’s intent to create a more industry-friendly regulatory environment. Paul Atkins, a former SEC commissioner, is known for his pro-innovation stance and preference for self-regulation over heavy-handed enforcement. His appointment has been met with optimism in the crypto sector, which frequently clashed with Gensler’s SEC. Under Atkins’ leadership, a lighter regulatory…
Binance has announced its support for the upcoming major network upgrade on aelf (ELF) to ensure a seamless experience for its users. The upgrade is scheduled to take place on December 25, 2024, at approximately 10:00 (UTC), at block height 248,832,789. Binance will handle all technical requirements on behalf of its users to ensure the upgrade is completed successfully. Temporary Suspension of Deposits and Withdrawals Starting from December 25, 2024, at 09:00 (UTC), deposits and withdrawals on the aelf (ELF) network will be temporarily suspended. This precaution is taken to ensure the safety of user funds and to facilitate the…
In a thrilling development for AI and blockchain enthusiasts, FoxWallet has started a strategic collaboration with Autonomy Network. The strategic partnership targets to redefine the development and utilization of dApps, simplifying the inclusion of AI-driven tools into the Web3 network. The platform revealed this initiative on social media. 🥳@FoxWallet is partnering with @AutonomysNet, the foundation layer for AI3.0! 🤩Our upcoming integration will simplify access to AI-powered decentralized applications (super dApps) for both developers and users. 🤝Together, we aim to empower web3 users with innovative tools… pic.twitter.com/LJ2LNoQr7p — FoxWallet Official (@FoxWallet) December 10, 2024 FoxWallet and Autonomy Transform dApp Development with…
Bitcoin’s price has trended within a narrow range since it hit a new all-time high of $103,647 on December 5. It has since faced resistance at $101,509 and found support at $94,306. Currently trading around $98,000, the leading coin may struggle to break the $100,000 price mark in the meantime. This analysis delves into the reasons behind this resistance. Bitcoin Long-Term Holders Book Gains The negative readings from BTC’s Hodler Net Position Change confirm that its long-term holders (LTHs) have been actively selling their holdings, potentially contributing to the price consolidation. Per Glassnode data, on November 10, the metric’s value…
Sam Bankman-Fried (SBF), the former billionaire and cofounder of the collapsed FTX crypto exchange, is reportedly drafting a prison memoir while serving a 25-year sentence at Brooklyn’s Metropolitan Detention Center (MDC). Bankman-Fried, who was convicted of fraud, has shared excerpts of his writings through his father, Joe Bankman, aiming to find a publisher for the project. What will Happen to Royalties From FTX Founder’s Memoir? Despite the memoir’s potential to secure a lucrative advance—estimated by a literary agent at seven figures—Bankman-Fried will not profit. As part of his sentencing, he faces an $11 billion forfeiture, which will prioritize compensating the…
BLOCKLORDS, a highly anticipated medieval strategy game, has formally announced a partnership with DeepLink, a decentralized AI cloud gaming protocol. This statement was made through BLOCKLORDS official X account. A new era of gaming begins! ⚔️🎮BLOCKLORDS is excited to connect with @DeepLinkGlobal to explore how their decentralized AI cloud gaming tech complements our medieval strategy adventure! 🚀Get ready for a seamless gaming experience powered by blockchain innovation. 🛡️Stay… pic.twitter.com/0vreo64Rvl — BLOCKLORDS | ON EPIC GAMES STORE (@BLOCKLORDS) December 12, 2024 BLOCKLORDS Partners with DeepLink to Shorten Load Times and Improve Gameplay The use of DeepLink’s decentralized AI will integrate with…
Binance CEO Richard Teng announced that the crypto exchange saw a total of $21.6 billion in user fund deposits throughout 2024 alone, following a surge in Bitcoin and Tether deposit value across all exchanges. In a recent X post on Dec. 12, CEO of Binance Richard Teng said that the crypto exchange recorded user fund deposits amounting to $21.6 billion in value across 2024, which is nearly 40% higher than the combined inflows of 10 other major exchanges. “In 2024, Binance recorded an incredible $21.6 billion in user fund deposits!” said Teng in his post, . He also added that…
Technical analyst Ali Martinez has said that the drop in crypto prices has allowed whales to accumulate more assets. In a post on X, Martinez reported that 342 new wallets holding more than 100 BTC were created as Bitcoin dipped from $104,000 to around $90,000. According to Martinez, whales are buying every dip as a sign of their strong bullishness about Bitcoin. He added that the price correction is merely a test of investors’ resilience, and those who took advantage are best positioned to ride the next wave. He said: “This correction is a test of resilience, and if you…