Author: NBTC
DePIN has come to the world, providing the opportunity to create defi projects that reward actions in the physical world. What is this technology about, and how does DePIN work? Table of Contents What is DePIN and why does blockchain need it? What are the DePIN options? Advantages and disadvantages of DePIN Looking to the future: What will happen to DePIN in five years? Theoretical studies in cryptocurrencies have long predicted that encryption tools currently implemented in the blockchain will be used on the Internet and impact the physical world sooner or later. Nick Szabo noted at the end of…
Crypto analyst James Van Straten believes that Bitcoin will cross $100,000 as long the demand for the flagship continues to outstrip supply. Van Straten shared this view in a post on X (formerly Twitter), noting a net accumulation of 87,000 BTC over the last 30 days. According to the analyst, the return to accumulation is a great sign, showing that long-term holders (LTHs) selling off the flagship that has been taking profits have finally slowed down. Based on his analysis, this sell-off has been the reason behind Bitcoin’s struggle to reach $100,000. Bitcoin saw 87k net accumulation in the last…
Crypto airdrops are one of the easiest ways to get free cryptocurrency, and they’re gaining huge popularity among crypto enthusiasts. Imagine receiving tokens from new projects just for signing up or holding certain coins—it’s like a surprise gift in your wallet! In this article, we’ll share the top 4 airdrops to watch out for, so you don’t miss the chance to grab these exciting rewards. 1. OpenSea 2.0 OpenSea is gearing up for a major evolution with the launch of OpenSea 2.0, rebuilt from the ground up and set to debut in December 2024. A sneak peek at the beta…
Mystiko Network, a Web3-based zero-knowledge layer, has recently announced a new partnership with 4EVERLAND. The collaboration targets to advance the Web3 development with the provision of an efficient and unparalleled integration. It reportedly facilitates the developers utilizing the ZK software development kit of Mystiko Ecosystem. Mystiko Ecosystem has revealed this groundbreaking collaboration to the crypto community through its official social media X account. Welcome to new Mystiko ecosystem partner: @4everland_org#4EVERLAND, well known as a outstanding cloud computing platform on decentralized storage, and #web3 AI and development solution.With 4EVERLAND, Mystik will bring a more efficient and seamless integration experience on… pic.twitter.com/jkKTzVVw3F…
Bitcoin’s price on December 1, 2024, hovers around $97,124, reflecting a consolidation phase as the cryptocurrency market evaluates its next directional move. Bitcoin The 1-hour chart reveals bitcoin (BTC) recently rebounded after touching a low of $95,758. It is now trading within a narrow range of $97,000 to $97,500. Current chart patterns show indecision, and tapering volume during this consolidation phase indicates traders are awaiting a breakout. A move above $97,500, confirmed by strong volume, could signal bullish momentum, while failure to sustain $96,500 may trigger a downside. Key technical indicators support this mixed outlook. The relative strength index (RSI)…
Ripple CEO Brad Garlinghouse appeared in an interview on 60 Minutes, airing on December 8, 2024, where he discussed the company’s ongoing legal fight with the U.S. Securities and Exchange Commission (SEC). Garlinghouse criticized the SEC’s approach, stating that it was a key reason why Ripple and two other companies formed the industry super PAC, FairShake, to fight back against what he described as a “war on crypto.” He suggested that FairShake might not have existed if the SEC had a different chairman than Gary Gensler. When an SEC spokesperson said that the amount spent by the crypto industry on…
Orochi Network has recently announced an exclusive collaboration with OG Labs. The partnership targets to increase efficiency and security in the AI and blockchain ecosystems. Both the platforms focus on elevating the data integrity over blockchain technology. This collaboration leverages zkDatabase, verifiable randomness with Orand, and Oracle service with Orocle. Combining OG’s expertise concerning AI computational requirements and Orochi’s focus on zkVMs leads to an innovative and secure ecosystem. Orochi is excited to announce a strategic partnership with @0G_labs 🤝Together, we aim to elevate security and efficiency, driving the future of AI forward: https://t.co/EfYNHfqOdaThis partnership centers on the integration of:🔻…
Bitcoin’s astronomical price rise shows the coin is now coasting along at $97,227 per coin on Sunday, Dec. 1, 2024, at 11:57 a.m. With a $100,000 milestone in sight, it’s been sparking questions about its appeal—or lack thereof—among retail investors. The Gold Standard Trap: Bitcoin’s Struggle With Retail Appeal Bitcoin (BTC) has reached unprecedented heights, currently priced at $97,227 per coin, edging closer to a psychological $100,000 barrier. Yet, this bull market in 2024 contrasts sharply with earlier rallies in 2017 and 2021, which were characterized by lots of retail enthusiasm. The current surge is driven predominantly by institutional investors,…
Large transactions by “crypto whales” can significantly influence market trends and token valuations in the constantly evolving world of cryptocurrency. Recently, a noteworthy transaction involving Chainlink (LINK) tokens has caught the attention of market analysts and investors, potentially signaling a bullish movement for LINK. A whale is long $LINK!This whale withdrew 390,230 $LINK($9.68M) from #Binance and deposited it to #Aave 9 hours ago.Then he borrowed 4M $USDT from #Aave and deposited it to #Binance, possibly buying more $LINK!https://t.co/BQvctNaaVe pic.twitter.com/aPUiqeaO0D — Lookonchain (@lookonchain) December 8, 2024 According to Lookonchain, A significant player in the crypto space, known as a “whale,” made…
HeLa Space has started a new partnership with Fruits Ton, a mini-game developed on the TON ecosystem. The partnership has created a buzz concerning the gaming and crypto communities. The platform disclosed this development on its official social media account. We’re thrilled to announce our newest community collaboration with @fruits_tonFruit Ton is a fun-filled mini-game within the TON ecosystem where you can merge fruits, smash watermelons, and win real USDT rewards — all conveniently within Telegram!Collaboration for success and… pic.twitter.com/pHeStR05ji — HeLa Space 🍀 (@HeLa_Labs) December 26, 2024 HeLa Space and Fruit Ton Join Forces to Transform Blockchain Gaming HeLa…