Author: NBTC
Prominent blockchain tracker Shibburn has revealed a staggering rise in the SHIB burn metric with millions of meme coins transferred out of circulation. Meanwhile, the price continues moving sideways, holding in the $0.00001571 range, after the 6.22% decline faced at the start of the week. Overall, since February 4, SHIB has been striving to break above the $0.00001655 resistance. Last time the coin came really close to that level was February 11. SHIB burns spike 389% The data source mentioned above has revealed a massive increase in the daily SHIB burn metric. Over the past 24 hours, the loyal community…
A whale recently withdrew 8,313 ETH, valued at $16.46 million, from the Binance exchange. The withdrawal occurred after two months of inactivity, signaling a potentially significant shift in the whale’s investment strategy. This move, which took place only 48 minutes ago, has caught the attention of analysts and crypto enthusiasts, as such actions from large holders, often referred to as “whales,” can have far-reaching implications on the market. A whale withdrew 8,313 $ETH worth $16.46M from #Binance after 2 months of inactivity.The whale now holds 11,197.53 $ETH worth $22.17M, facing a loss of $3.8MAddress: 0x132698123ac911e6df00a3783a8abc97f70d0b3cData @nansen_ai pic.twitter.com/cpVGwRRFlv — Onchain Lens…
The report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” with investors choosing to “hodl” the asset rather than spend it. But Bitcoin scaling firm Breez co-authored a report that it published last week, showing how bitcoin might be staging a comeback as digital cash. The Lightning Network, a layer two solution for cheaper and faster…
B3 rallied over 267% over the past day following its day-one listing on multiple exchanges. According to data from CoinGecko, B3’s token, with the same ticker, surged to an intraday high of $0.018 on Feb. 12 before settling at $0.0145 per coin, still holding gains of 176% at press time. Since the token became available for trading on Monday, its total gains have extended to roughly 300%. Over the past 24 hours, B3’s market cap surged by 168%, reaching approximately $301 million, indicating a sharp increase in trading activity. Most of this trading activity for the altcoin occurred on Coinbase,…
Mercuryo has integrated with Status Wallet to provide simplified cryptocurrency purchasing procedures. Through this partnership, Status Wallet users can purchase digital assets via credit cards or Apple Pay by accessing Mercuryo’s on-ramp service. This integration offers Web3 entry while minimizing hurdles regarding cryptocurrency purchasing and management tasks. 👋 Say hello to a streamlined on-ramp experience with Mercuryo on @ethstatus, an open-source, non-custodial crypto wallet & messenger app!Buy crypto with your card or Apple Pay with Status Wallet — a simple, frictionless path into Web3.✅ Open Status Wallet ✅ Choose your… pic.twitter.com/cTTIMLfYyK — Mercuryo (@Mercuryo_io) March 21, 2025 Mercuryo payment solutions…
Cryptocurrency analytics firm Alphractal has released its latest insights into Bitcoin’s market dynamics, indicating a significant shift in miner behavior. Bitcoin miners have recently scaled back their sales activity following a period in which they took advantage of the market rally to cover operational costs, according to the company. Alphractal noted that the Bitcoin Miner Selling Pressure metric, which compares BTC outflows to average reserves over time, shows a decrease in liquidations, suggesting that less BTC is being dumped by miners and that overall supply pressure in the market is decreasing. “Following a period of heavy selling, values are currently…
Shytoshi Kusama, the Shiba Inu lead developer, has hinted at upcoming developments following the recent collaboration with a government entity. Kusama made this remark during a recent X Space titled “Trust Talks #4: Are Meme Coins Here to Stay?” The popular self-custody crypto wallet Trust Wallet hosted the session. Alongside Shiba Inu’s official X handle, the event also featured other prominent figures from the crypto space, including the official Floki account. The session attracted 18,700 community members. During the live session, the co-host asked Kusama how the Shiba Inu ecosystem leadership is working to keep the community engaged and maintain…
Cryptocurrency exchange Binance has released a new report detailing several inefficiencies around airdrops and possible lessons to apply moving forward. According to the exchange, the affected airdrops fall into two categories. The first type is retroactive, where projects typically surprise existing users with rewards. The second group is the engagement airdrops, which are pre-announced events designed to attract new users and fit emerging projects. Depending on the project stage, both airdrops focus on different goals. Regarding the lessons from existing inefficiencies, the exchange’s Where Are Our Airdrops Going? highlighted some challenges affecting this type of token distribution, such as planning…
On Tuesday, February 11, gold prices hit an all-time high of $2,942.70 per ounce amid concerns over President Trump’s tariff announcement. Gold Holds Onto ‘Safe Haven’ Status On Feb. 11, gold prices surged to $2,942.70 per ounce, a new all-time high, amid concerns that U.S. President Donald Trump’s latest tariff announcement could trigger a global trade war. Although the price dropped to just above $2,900 a few hours later, the brief rally pushed gold’s year-to-date gain to nearly 11% at one point. According to a Reuters report, investors took profits, causing the precious metal’s retreat. However, investors remain bullish on…
Neo, a community-driven and open-source blockchain platform for dApps, has announced an exclusive partnership with Coin Terminal, a prominent Web3 launchpad. The partnership focuses on strengthening blockchain innovation. The platform took to social media to reveal this development. What happens when a leading layer 1 blockchain partners with a premier #Web3 launchpad?We’re excited to announce our partnership with @CoinTerminalCom! 🚀Coin Terminal will bring innovative projects—AI Agents, DeFi, and more—into the Neo ecosystem, while connecting Neo… pic.twitter.com/96CmdKxFTF — Neo Smart Economy (@Neo_Blockchain) February 11, 2025 Neo Collaborates with Coin Terminal to Push Ecosystem Advancement As included in this partnership, Neo will…