Author: NBTC
The TON network is experiencing a significant downturn, with its TVL plummeting by more than 72%, while 96% of Toncoin holders are currently facing losses. TON Core recently released its 2025 Roadmap, detailing a series of upgrades aimed at enhancing validator efficiency, API functionality, and user experience. The Open Network (TON), once seen as a promising blockchain ecosystem, is facing a significant downturn in user activity, investor sentiment, and market confidence. Recent data from DefiLlama, a leading DeFi TVL aggregator, reveals a significant decline in the network’s Total Value Locked (TVL). After reaching an all-time high of $773 million in…
As US President Donald Trump moved to impose new tariffs on Canada, Mexico, and China this past week, Bitcoin (BTC) prices fell to around $91,500 amidst fears of a global trade war. Although the maiden cryptocurrency quickly recovered from the flash crash, a strong rejection at the $102,000 price zone draws much speculation on the future of the current bull run. Bitcoin’s Advanced NVT Flashes Local Bottom Signal – What Does This Mean? In an X post on February 7, renowned crypto analyst Burak Kesmeci shared some insights on the Bitcoin Advanced NVT (network value to transaction) – an on-chain…
From last week it has felt like most crypto market participants are exhausted. After a whirlwind of meme coin pumps, dramatic price swings, and sentiment whiplash, it’s easy to see why many are feeling that way. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin Is the Safer and Smarter Bet in This Market Coming off of the exhausting past 10 days or so, it’s understandable how sentiment from many of the most active crypto market participants (as gauged through Crypto Twitter,…
A crypto strategist known for accurately calling the May 2021 Bitcoin meltdown predicts that BTC will undergo a big move down in the coming weeks. Pseudonymous analyst Dave the Wave tells his 147,300 followers on the social media platform X that BTC may be mirroring a pattern seen last year when Bitcoin printed new highs at around $74,000 before plunging below $50,000. “End of March should see the worst of the BTC consolidation based on this fractal… Those disappointed not to have seen an immediate parabola should take solace in the technically superb nature of the chart.” Source: Dave the…
The long-simmering feud between the proponents of Stellar (XLM) and the Ripple-linked XRP cryptocurrency dramatically escalated during the weekend. This came after Build on Stellar (@BuildOnStellar) took a not-so-veiled dig at Ripple in a recent social media post. The post, of course, refers to Ripple’s long-lasting legal battle with the U.S. Securities and Exchange Commission. The XRP community was instantly up in arms over the rather caustic social media post. Some of its members have called for selling all XLM tokens. Other commentators have accused Stellar of being an XRPL copycat. “Imagine forking the XRP Ledger and calling it progress,”…
As Bitcoin (BTC) hovers below the $100,000 mark, a trading expert is cautioning that investors should anticipate a possible extended downturn for the maiden digital asset. To this end, as Bitcoin witnesses a shift in market sentiment and technical signals pointing toward further declines, the cryptocurrency’s inability to reclaim key resistance levels suggests BTC could touch $90,000, according to an analysis by R. Linda shared in a TradingView post on February 8. In this line, the expert stated that after the leading digital currency failed to sustain momentum near its all-time high range, Bitcoin entered a local selling zone below…
It started with a post. Just another social media comment from the “Build on Stellar” account, but this one landed differently. The post took aim — subtly but unmistakably — at Ripple, referencing its prolonged legal battle with the U.S. SEC. The XRP community was not amused and they made sure everyone knew it. Among those voicing frustration was John Deaton, a legal representative for XRP holders in the class-action lawsuit against the SEC. Deaton criticized McCaleb’s actions, pointing out that a founder publicly taking shots at the company he co-founded was problematic, especially given Ripple’s ongoing legal battle. He…
Strategy co-founder Michael Saylor on Sunday posted the Bitcoin tracker on X, signaling a possible resumption of Bitcoin acquisitions after a week’s break. The hint comes as Bitcoin’s price fluctuates, dipping below $96,000 earlier today before rebounding above $96,500, according to CoinGecko. Death to the blue lines. Long live the green dots. pic.twitter.com/SOtFHRoykd — Michael Saylor⚡️ (@saylor) February 9, 2025 Strategy, formerly known as MicroStrategy, currently holds 471,107 Bitcoin valued at over $45 billion at current market prices. The company’s most recent acquisition of 10,107 BTC was made in the week ending Jan. 26, at an average price of $105,596…
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, with over 2.26 million SHIB tokens removed from circulation. According to data from Shibburn, the daily Shiba Inu burn rate has skyrocketed by 226%, marking another strong push in the community’s ongoing effort to reduce Shiba Inu’s circulating supply. According to Shibburn X, 2,261,918 SHIB were burned in the last 24 hours, while 44,838,526 were destroyed in the last seven days. HOURLY SHIB UPDATE$SHIB Price: $0.00001622 (1hr -0.25% ▼ | 24hr 7.15% ▲ )Market Cap: $9,558,546,836 (7.04% ▲)Total Supply: 589,255,623,674,756TOKENS BURNTPast 24Hrs: 2,261,918 (226.69% ▲)Past 7 Days:…
Cryptocurrency analytics firm Alphractal has released its latest assessment of Bitcoin, noting that the aggregate funding rate across 11 major exchanges remains positive despite the recent BTC price drop. According to Alphractal, the average funding rate shows that more traders are going long than short. This means that short positions receive compensation, while long positions pay funding fees that are charged every eight hours. Currently, only BitMEX (XBTUSD) and OKX (BTC-USD-SWAP) are showing negative funding rates, while Bitfinex (BTC-USDT) has the highest positive rate. Alphractal outlined two potential scenarios based on funding rate trends: If the funding rate remains positive,…