Author: NBTC
Shiba Inu marketing lead Lucie provides fresh details about the Web3 version of the Shiba Eternity game, revealing the expected launch date and how to gain exclusive access. Lucie, citing comments from Shiba Games’ lead Angel, said the closed beta testing of Shiba Eternity’s Web3 version will commence this week. According to Lucie, the upcoming launch of Shiba Eternity is poised to redefine the collectible card game genre of Shiba Inu’s Layer-2 blockchain Shibarium. Here’s How to Gain Exclusive Access to Beta Testing It is worth mentioning that the closed beta testing of Shiba Eternity will be initially accessible to…
A closely followed crypto strategist thinks that Bitcoin’s consolidation around $60,000 is setting up BTC for a big breakout in the next few months. In a new strategy session, analyst Jason Pizzino tells his 329,000 YouTube subscribers that Bitcoin tends to lull people into boredom before igniting a huge upside move. The crypto trader notes that BTC displayed the same behavior at around the same time last year before launching a nearly 3X surge. “This big wind-up is going to shock many, many people. Look at what happened when Bitcoin wound up for about seven months last time: March to…
Ether is down over $7.5% and is trading above $3100. Ether’s decline comes as ETHE outflows continue and tech giant Nvidia trades in the red. Ether (ETH) is down over 7.5% in the first hours of East Asia’s business day, trading hands above $3100 as the market continues to be concerned about outflows from Grayscale’s converted Ethereum Trust ETF {{ETHE}}. Market data from SoSoValue shows that ETHE had a net outflow of over $810 million. This is similar to the first weeks of Grayscale other major crypto trust, GBTC, when it experienced heavy outflows during the first weeks of the…
In a recent tweet, Dr. Martin Hiesboeck, Uphold head of research, sounded an important alert that might be essential for the crypto community to pay attention to. The XRP-friendly Uphold exchange Research lead highlighted a concerning surge in phishing airdrops, a deceptive tactic used by scammers to trick users into disclosing sensitive information or transferring funds. In a tweet, Dr. Hiesboeck indicated that these means of scams were now getting out of hand as he received over 100 messages in one week to claim scam airdrops. “Phishing for airdrops is getting out of hand. I have had around 100 messages…
According to sources, Vice President Kamala Harris’s election campaign advisors have reportedly contacted key names in the cryptocurrency industry. These contacts are part of an effort to develop relationships that could inform the future regulatory framework. Recently, crypto exchange Coinbase, stablecoin company Circle and blockchain payments firm Ripple Labs have been contacted for this purpose. The message Harris wants to convey is that Democrats are “pro-business and pro-responsible business.” Harris’ rise to the top among Democratic presidential candidates is seen as an opportunity to rebuild relations with the technology sector. This comes after the Biden administration’s regulatory stance sparked a…
The latest game from Otherside, an NFT gaming firm backed with $450 million worth of funding from Bored Ape Yacht Club’s Yuga Labs, debuted last weekend with chaotic, buggy results. Project Dragon, a third-person shooter hosted in the Otherside ‘metaverse,’ launched on Saturday. In the game, players compete to hold and capture objectives across an 8-bit city map. So far, it’s received a mixed reception. Some users, many with NFT profile pictures, have praised the game, while others have described it as ‘chaos,’ ‘buggy,’ ‘unresponsive,’ and having ‘terrible aim lag.’ One player said on X (formerly Twitter) that they quit…
Cryptocurrency analysis company Blofin Academy has released its latest report on the expected performance of Bitcoin (BTC) next week. The report highlights several important factors that can affect BTC’s price movements. The report begins by noting that bond yields rose rapidly after the market opened on July 1. This was due to a combination of the Fed using Overnight Reverse Repurchase Agreements to take some liquidity out of the market and the sale of treasury bonds pushing up yields. In addition, the sharp decline in the yen/dollar exchange rate led the Bank of Japan to offset Japanese government bond yields…
Ethereum exchange-traded funds (ETFs) logged more than $133 million worth of outflows on their second day of trading, according to data provided by Farside Investors. Fidelity’s FETH leads the way with $74.5 million worth of inflows. Grayscale’s mini ETF comes in second place with $45.9 million. BlackRock’s ETHA recorded a modest $17.4 worth of inflows. However, these inflows were not sufficient to offset the gargantuan outflows recorded by Grayscale’s ETHE, which lost $326 million on Wednesday. The outflows are expected due to ETHE’s huge 2.5% fee. As reported by U.Today, Ethereum ETFs debuted with “very solid” inflows. However, it seems…
Cryptocurrencies often unlock tokens previously locked within the protocol or in vesting contracts, inflating the supply and creating selling pressure. Monitoring and understanding these economic dynamics can give investors a relevant edge in the market, positioning accordingly. On July 25, AltLayer (ALT) will unlock 684.21 million ALT worth $111.81 million when Finbold retrieved this data. According to TokenUnlocksApp, this event will increase AltLayer’s supply by 42.1%, generating massive inflation that may impact its value. Interestingly, ALT’s unlock represents 84.5% of the total cliff unlocks in the next seven days for all the space. This contrasts with AltLayer’s ranking in 258…
Judge Torres is deliberating on penalties and injunctions in the Ripple Vs SEC case, with a decision expected in August. Both parties may file appeals despite Ripple’s multiple wins, keeping the legal battle ongoing. The decision on penalties and the injunction’s wording will significantly impact Ripple’s business and the broader cryptocurrency industry. In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres is currently deliberating on a final ruling over penalties and injunction in the remedies phase. 🚨BREAKING: Judge Analisa Torres is in the middle of deliberations, trying to come up with…