Author: NBTC

Bitcoin is emerging as a potential revolutionary force in developing nations, where economic woes are a constant struggle, often plagued by inflation, currency devaluation, and limited access to traditional financial systems. Related Reading: Bitcoin Miners In Distress: Mass Sell-Off Sends BTC Price Tumbling To $61,000 In Suriname, a South American nation facing significant economic hardship, a political hopeful is making waves with a bold proposition – adopting Bitcoin as the bedrock of the country’s financial system. Bitcoin First Maya Parbhoe, a self-proclaimed “Bitcoiner first, politician second,” is campaigning for president on a platform that hinges on widespread Bitcoin adoption. Her…

BabyDoge launched its highly anticipated Telegram game, BabyDoge PAWS Clicker today, July 15. This development follows the coin’s previous announcement about creating a game on the messaging platform. ⏰ GAME SERVERS ARE STARTING UP…INVITES WILL BE SENT SHORTLY.FINAL COUNTDOWN WILL START SOON.ESTIMATED TIME UNTIL SEVERS OPEN: 6 HOURS.DO NOT CLICK ANY SCAM LINKS. pic.twitter.com/RUSJ6eiNz8 — Baby Doge (@BabyDogeCoin) July 15, 2024 The game already saw over 20,000 registrations from 167 countries. Gameplay Features The BabyDoge PAWS Clicker game aims to provide an engaging and evolving gameplay experience. Players can customize their BabyDoge characters, earn rewards, and connect their crypto wallets.…

While Bitcoin is being talked about with its recent declines, a new Bitcoin move came from US Presidential candidate Donald Trump, who attracted attention with his pro-BTC and cryptocurrency statements. According to Axios, two people with knowledge of the matter said that former US President Donald Trump was in talks to speak at the Bitcoin 2024 conference. Accordingly, Trump may speak at the Bitcoin 2024 conference to be held in Nashville in late July. Sources also said that Trump was invited to the conference, but the group did not respond to whether the former president would speak or attend. Apart…

Sony Bank, a subsidiary of Sony Financial Holdings (NASDAQ: SONY), has launched a mobile application for customers to collect, store, and trade non-fungible tokens (NFTs) in a renewed push into Web3. Dubbed the CONNECT app, Sony Bank says the new offering is a step toward digitization as it seeks to put significant distance between itself and other service providers in Japan. The app, launched at the tail end of July, boasts a string of functionalities for users, with Sony Bank hinting at future upgrades. Users of the CONNECT app can purchase collectibles through Sony’s NFT marketplace, SNFT, and store them…

Ethereum price started a recovery wave from the $1,910 zone. ETH is up over 10% and is now consolidating near the $2,500 zone. Ethereum started a recovery wave above the $2,250 and $2,400 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to clear the $2,680 resistance zone. Ethereum Price Rebound 10% Ethereum price gained bearish momentum below the $2,500 support. ETH dragged Bitcoin lower and traded below…

Elon Musk, the owner of the popular social media platform X, has published a new post that triggered a reaction from many X users, including the global cryptocurrency community, and the XRP and SHIB armies in particular. Elon Musk triggers XRP army Musk published a short video with the X logo earlier today, perhaps to remind the community of the importance of his $44 purchase of Twitter to defend free speech, as he keeps pointing out. Crypto users were the first to respond to that, and a major XRP fan @XRPcryptowolf, once again pointed out that the logo of the…

BTC’s dominance rate slid as Mt. Gox news weighs over BTC. Short-duration options show renewed bias for puts or downside protection. Some observers say Mt. Gox concerns may be overblown. Bitcoin (BTC) is usually less volatile than alternative cryptocurrencies (altcoins), but Monday was different. The leading cryptocurrency took a bigger hit than smaller tokens, leading to a marked slide in its market dominance in a compelling portrayal of the apprehensions about the impact of impending payouts to victims of a 2014 Mt. Gox hack. BTC’s dominance, or share of total crypto market value, fell by 1.8% to 54.34%, the biggest…

Ethereum-based CryptoPunks reclaimed the daily non-fungible tokens (NFTs) sales chart on Tuesday with US$663,757 across 11 unique buyers engaging in transactions, according to CryptoSlam data. The collection’s average sale price stood at US$60,341, pushing its all-time sales volume to US$2.86 billion, third in the industry. The second-ranking collection for the day was NodeMonkes, which belongs to the Bitcoin blockchain, with a total daily sales volume of US$627,789. This collection saw 88 unique buyers and 97 transactions. NodeMonkes is the top Bitcoin-based collection in the all-time sales chart and 26th across all chains with US$254.7 million. It now sits less than…

Ethereum (ETH) price is still under heavy sell pressure after the weekend’s market crash, with major holders continuing to offload despite bulls attempting a recovery. According to X (formerly Twitter) user Lookonchain, a whale and asset manager Metalpha dumped nearly $73 million in ETH in the latter hours of trading on Aug. 5. Onchain data shows the two entities moved 29,557 ETH to a Binance deposit address in the past three hours. The news comes as over $1 billion in liquidations hit the crypto market over the past 24 hours, with ETH-related correlations representing 30% of the amount, as data…

Toncoin (TON) continuously grew its activities in all of Q2, on a mix of new users and an inflow of native Tether (USDT). Toncoin (TON) turned into one of the most widely used and accessible chains, carrying several trends with high daily activity. In the past quarter, Toncoin carried more than $9B in volumes, based on the creation of close to 600M native USDT. The USDT outstanding supply remained flat since June, at 579M tokens. July turned into a highly active month for Toncoin, based on mini-apps and especially Hamster Kombat and its competitors. Toncoin, the rebranded TON blockchain, is…