Author: NBTC
This is a segment from the Empire newsletter. To read full editions, subscribe. Truth Terminal, the edgelord AI chatbot armed with an X account and a Solana wallet, is turning into an augmented reality game for degens. As a refresher, the lore goes that Truth Terminal was initially trained on the unhinged ramblings of two Claude 3 Opus AI models. Those models themselves had been previously fed a steady diet of posts from the deepest recesses of the internet (4chan, Reddit and so on). In retrospect, it was inevitable that Truth Terminal soon sowed the seeds of a new religion…
Changpeng Zhao, going by CZ in the crypto world, revealed on social media that he has no plans to reclaim his role as Binance CEO, the exchange he founded in 2017. Instead, the billionaire expressed a keen interest in securing a pardon from the pro-crypto president-elect, Donald Trump. In a post on X (formerly Twitter), John Lilic, founder of Telos, a Web3 studio venture, urged Trump to pardon CZ so he could reassume leadership at Binance. In response, Zhao clarified that while he does not wish to lead Binance again, he is open to being pardoned. No wish to be…
Bitcoin (BTC) daily mining revenue and gross profit rose in November as the world’s largest cryptocurrency hit record highs, but it is still about 50% below pre-halving levels, JPMorgan (JPM) said in a research report Monday. “We estimate that bitcoin miners earned an average of $52,000 per EH/s in daily block reward revenue in November, up 24% from October,” analysts Reginald Smith and Charles Pearce wrote. The bank noted that transaction fees on the network spiked following the U.S. Nov. 5 presidential election and this provided some “hashprice relief.” The hashprice is a measure of mining profitability. The total market…
Old-school commodities trader Peter L. Brandt, who has been in the trading business since the 1970s, has taken to this account on the social media platform X (widely known as Twitter in the past) to share an important BTC message with the global crypto community. Peter Brandt’s “Bitcoin window” statement Peter Brandt often publishes X posts about Bitcoin, Ethereum, Solana, and sometimes other cryptocurrencies. In the past, he also commented on XRP price moves until he found the XRP community’s responses too toxic at times. According to Brandt’s tweets, he believes in the potential of Bitcoin best of all. While…
Ethereum (ETH) price has jumped 43.88% in the last 30 days, showing strong momentum. The declining supply of ETH on exchanges suggests that holders are becoming more confident, moving their tokens to long-term storage. At the same time, whales are stepping in and accumulating more ETH, adding to the bullish sentiment. With EMA patterns also leaning positive, the market seems to be gearing up for an interesting phase. ETH Supply on Exchanges Is Decreasing Between November 3 and November 18, the Ethereum supply on exchanges increased significantly, rising from 12.2 million to 12.7 million. This upward trend indicated a growing…
As 2024 continues, the performance of newly listed tokens on Binance reveals a tough year for investors. PANews data shows that out of 37 tokens listed on Binance this year, only five have positive performance. These tokens include JUP, WIF, DOGS, NEIRO, and TURBO. The rest have declined, with the worst performer, AEVO, falling over 88% since its debut. Most tokens listed this year have lost between 30% and 80%, making investors wary. 如果你今年投资了每个币安上币的项目，那么你当前的胜率仅为 13.5%！👀🙂根据@0xAndrewMoh 的最新分析，2024年币安上的37个代币中，除 $JUP $WIF $DOGS $NEIRO $TURBO 这五个外，其剩下的全部下跌。$NEIRO… pic.twitter.com/U9I6Y71QK2 — PANews (@PANewsCN) October 24, 2024 NEIRO: The Standout Performer One of the few bright spots in…
OKX announced plans to delist two trading pairs, GFT/USDT and GFT/USDC, as part of its routine review to maintain a robust trading environment. OKX to Delisting GFT/USDT and GFT/USDC Trading Pairs on December 3 The delisting process will take place between 12:00 and 12:30 on December 3, 2024. Important Details Regarding the Delisting Process GFT/USDT and GFT/USDC trading pairs will be removed within the specified timeframe. Users are advised to cancel all open orders for these pairs before removing them from the list. Orders that are not cancelled will be automatically cancelled by the system, which may take 1-3 business…
Bitcoin miners reported significant profits in November due to the rally in Bitcoin prices and increased transaction fees. While still below pre-halving levels, the cryptocurrency mining sector experienced a notable uptick, with publicly listed miners seeing their market cap jump 52%, according to JPMorgan. Analysts noted that Bitcoin miners earned $52,000 daily per exahash (EH/s) in November, reflecting a 24% increase from October. This boost came as Bitcoin reached new heights, with transaction fees spiking around the US presidential election on November 5. This surge offered miners much-needed hashprice relief, a key measure of mining profitability, Coindesk reported. The overall…
Bitcoin (BTC) is showing strong bullish momentum today, eyeing a new all-time high in this bull run. Meanwhile, whales appear to be triggering a massive buying spree and reaping the benefits of this ongoing rally. According to Whale Alert, a Bitcoin whale has withdrawn 853 BTC from crypto exchange Binance. The transfer, valued at $57 million at the time of the transaction, was revealed through a tweet by Whale Alert. While such large movements of Bitcoin are not uncommon in the crypto market, the size of this Bitcoin transfer has led to a range of theories about its potential effects…
Goatse Maximus (GOAT), a Solana meme coin originally conceived by an AI bot, peaked at new all-time high price of nearly $0.88 on Thursday as it broke into the top 100 cryptocurrencies by market capitalization for the first time. The latest spike came after Binance announced it would launch futures trading for the token, becoming the first token launched via meme coin factory Pump.fun to hit the largest centralized exchange in the world. This all began when Truth Terminal, a Twitter-based AI chatbot that uses a tweaked version of Meta’s Llama 3.1 model, started prophesying about a religion based around…