Author: NBTC
Solana’s blockchain has surpassed previous records for daily network users. According to Artemis.XYZ data, Solana (SOL) recorded the highest number of daily active addresses in blockchain history, despite the fifth-largest cryptocurrency revisiting its lows from April and January. As of this writing, a single SOL coin was worth around $136. Artemis noted that SOL’s 24-hour users exceeded the five million mark on Sept. 10, while the chain’s closest competitor hovered just above 2.5 million daily active wallets on the same day. 24-hour Solana daily active addresses – Sept. 10 | Source: Artemis.XYZ Solana’s activity surges, but memecoin sector slips Solana’s…
Bitcoin (BTC), the largest cryptocurrency by market capitalization, rose to $73,624 on Tuesday before falling below $72,000 early Wednesday. Bitcoin has recently weathered lower bets on Federal Reserve interest rate cuts, as well as reports of U.S. scrutiny of the biggest stablecoin by market capitalization, Tether (USDT). Bitcoin has increased by nearly 73% in 2024. bitcoin just broke 73kIS IT TIME TO GET DELUSIONAL AND EUPHORIC YET!? pic.twitter.com/UvTDV7mFuN — Shibetoshi Nakamoto (@BillyM2k) October 29, 2024 This remarkable increase has caught the attention of many in the cryptocurrency community, including Billy Markus, the cofounder of Dogecoin who goes by “Shibetoshi Nakamoto”…
Rekt Drinks sold out its entire batch of flavored sparkling water—the firm’s first-ever product release—in under 48 hours of launch earlier this month. Ovie Faruq (aka OSF), the co-founder of Rekt Brands, believes this proves that the crypto industry’s track record of building communities also lends itself to selling physical products. “In my opinion, Web3 principles allow you to build a brand and IP in an accelerated fashion, which creates a window of opportunity to do something big,” Faruq told Decrypt. Rekt Brands and the beverage line spawned from an Ethereum NFT project called Rektguy, from which a community has…
A massive Ethereum whale with over $1.14 billion worth of the second-largest cryptocurrency by market capitalization on their wallet has recently started selling TH after being dormant for the past eight years. According to data shared by on-chain analysis firm Lookonchain, the cryptocurrency whale has a total of 398,891 ETH in their wallet, and has started moving some of these funds to cryptocurrency exchanges in a bid to sell. So far, 13,400 ETH worth $37.38 million have been sold. The whale, according to the firm, started accumulating ETH through decentralized exchange ShapeShift back in early 2016, when the cryptocurrency was…
Popular Telegram game Catizen is set to launch its CATI token on The Open Network next week, on September 20, and the airdrop should take place at or around the same time. On Tuesday, developer Pluto Studio shared which players will be eligible for a share of tokens. And out of the approximately 35.8 million players who have tried Catizen, based on in-game data, it appears that less than half are currently making the cutoff. That’s because only players who have earned enough in-game vKitty coins to reach the “Silver League” will be eligible, and Pluto shared how many players…
Bitcoin price pulled back slightly after nearly retesting its all-time high of $73,800 on Oct. 29. Bitcoin (BTC) trading at $71,800 as crypto analysts predicted an eventual bullish breakout in the coming days. In an X post, Mando CT, a crypto trader with over 600,000 followers on X and 300,000 on YouTube, predicted that the bull run was gaining momentum. He also noted that bullish sentiments in the crypto industry were “loud and clear.” $BTC bull run kicks into high gear, gaining momentum faster than light. This cycle will bring us to ATH and beyond. The bullish sentiments are loud…
Ethereum (ETH) surged above $2,900 this morning, and is currently trading at $2,919, a 24-hour gain of 7.85%, pointing to a $3000 surge soon.The sudden yet steady spike comes in after hitting $2,388 as the lowest in the past 7 days, however, the current price amounts to a over 15% growth rate. With a 14-day RSI of 41.25, moving averages suggest ‘strong buy’. The market cap, too, has gone up by 5%, at 351.44 billion. Courtesy: Coinmarketcap What changed for Ethereum?The past few weeks had not been all rosy for Ethereum, beginning with Co-founder Vitalik Buterin’s Ethereum sales for donations…
Main Takeaways: At Binance Labs, we are dedicated to unlocking groundbreaking advancements that drive long-term, real-world impact by supporting projects building meaningful technology—an approach that closely aligns with our investment in BIO Protocol. Binance Labs has invested in BIO Protocol (BIO), a pioneering protocol transforming the way early-stage scientific research is financed and commercialized using blockchain technology. This investment marks Binance Labs’ first venture into the Decentralized Science (DeSci) sector. BIO can be thought of as a Y Combinator for on-chain Science. The platform enables a global community of scientists, patients, and investors to collectively fund, develop, and co-own new…
In a recently released report by the Phoenix Group, in partnership with LunarCrush, data highlights the top meme projects driving social engagement in the crypto world. Meme coins have always captured the imagination of crypto enthusiasts, but the latest data suggests that Dogecoin (DOGE), PEPE, and Shiba Inu (SHIB) are leading the charge when it comes to social media buzz and user interaction. TOP #MEME PROJECTS BY SOCIAL ACTIVITY$DOGE $PEPE $SHIB $PORK $FLOKI $POPCAT $BONK $BRETT $CAT $BILLY pic.twitter.com/TZYgGs6D5A — PHOENIX – Crypto News & Analytics (@pnxgrp) September 10, 2024 Dogecoin, the original meme coin, is maintaining its dominance in…
The recent jump in the price of Bitcoin (BTC) to $73,620, almost reaching its all-time high from March, has led to some interesting insights from notable analysts, including veteran trader Peter Brandt. Many consider Brandt a trading legend. He is known for his disciplined approach to technical analysis, which he has been doing since the 1970s. He also shared his thoughts on the outlook for the main cryptocurrency’s current market. Plus, he hinted at a research project he is working on. The goal is to uncover “real classic patterns” in the price history of Bitcoin. The project will focus on…