Author: NBTC

An address belonging to blockchain payment firm Ripple shuffles 100 million XRP, transferring 19.7 million tokens to crypto exchange Bitso. Leading crypto tracking service Whale Alert indexed the transaction in a tweet yesterday, emphasizing that the 100 million XRP was worth $57.92 million at the time of the transfer. Transaction Details Data from Bithomp shows that the sending wallet, rP4…xv3, moved the 100 million XRP to the wallet rhW…2hk, with both addresses tagged as unknown by the XRP Ledger explorer. Notably, the sending wallet has been active throughout this week, moving huge chunks of XRP to different addresses. One notable…

BNB Chain, in partnership with Binance Labs and CoinMarketCap Labs, has announced the selection of 35 early-stage Web3 projects for its MVB Accelerator Program’s eighth season. This four-week program aims to bolster the BNB Chain ecosystem by providing essential resources and mentorship to Web3 developers. The initiative kicks off with a Blockchain Week event in Dubai, offering a curriculum that covers important aspects such as token design, funding strategies, and team development. Contents hide 1 What Categories Do the Selected Projects Cover? 2 How Will the Projects Present Their Ideas? What Categories Do the Selected Projects Cover? The featured projects…

In recent months, a cohort of Bitcoin (BTC) holders has been notably affected by the coin’s struggle to stabilize above $70,000. This group comprises short-term holders (STHs) — investors who have held the asset for less than 155 days. While the rest of the market remains profitable despite BTC’s price troubles, its STHs continue to record losses in their investments. Bitcoin Short-Term Holders Face Record Losses In its new report, on-chain data provider Glassnode found that BTC’s STHs continue to sit on more unrealized losses than the rest of the market. Describing them as the “primary cohort at risk,” Glassnode…

Animoca Brands is sending out Pixels (PIXEL) tokens to Binance. The shift in holdings arrived just a day after the investment and Web3 company sent out more than 5K Ethereum (ETH). The corporation may be taking profits from its wallets, with the latest transaction in Pixels (PIXEL) tokens. Animoca Brands is the leading investor for some of Pixel’s funding rounds. However, the recent selling is not a total liquidation. Instead, a hot wallet was used to buy up, then resell PIXEL. Animoca Brands accumulated the asset at a price of $0.13 and sold after PIXEL hiked up to just $0.14.…

The slow but sure rise of Web3 has given birth to the concept of “play-to-earn” games that integrate with blockchain to provide players with ownership of their gaming assets and the ability to get paid for doing what they love best. But despite some initial success, notably during the height of the COVID pandemic when some people claimed to be making enough money to pay their living costs simply by playing games, Web3 game titles remain something of a niche product, with very few real video games players embracing them. You might not be able to make any money playing…

Cryptocurrency exchange Bitget has appointed Min Lin, former Binance regional vice president for Latin America, as its Chief Business Officer (CBO) as the platform seeks to accelerate its global expansion. Lin joined Bitget after leading Binance’s Latin American operations, where he played a key role in regulatory compliance and strategic growth. Prior to entering the crypto sector, he served as an executive director in Goldman Sachs’ Global Markets Division for over five years. Gracy Chen, Source: LinkedIn “We are thrilled to welcome Min to our leadership team,” said Gracy Chen, CEO of Bitget. “His impressive track record in scaling cryptocurrency…

Flow Traders, a multi-asset class liquidity provider and publicly traded trading platform, has joined the solver network supporting multichain token swaps. Wormhole announced on Oct. 30 that Flow Traders had joined as a solver and will support the interoperability platform’s recently launched cross-chain transactions feature, Composable Intents. Flow Traders joins Wormhole’s (W) solver network that includes Google Cloud and AMD. You might also like: MANTRA Chain adds Google Cloud as primary validator Wormhole’s “solvers” ensure cross-chain transfer requests are filled in real time, providing users with the best rates for their transactions. The addition of Flow Traders to the network…

A widely followed crypto analyst is predicting that Bitcoin (BTC) could fall further before mounting a comeback. Crypto trader Michaël van de Poppe tells his 723,600 followers on the social media platform X that BTC could drop to $54,000 before hitting the reversal. “The lower timeframe picture on Bitcoin is highly boring. Took the liquidity above $58,200 and dropped back. Most likely, we’ll take the liquidity lower at $54,000 and then reverse back up, but it’s event week. Crucial levels: $56,000 / $58,200. Either will provide direction.” Source: Michaël van de Poppe/X According to Van de Poppe, there are “important”…

Prominent crypto exchange Coinbase classifies XRP (XRP) and Shiba Inu (SHIB) as currencies, emphasizing that they are designed to function as money. According to Coinbase’s designation, Shiba Inu and XRP are currencies “specifically designed to function as money or store of value.” Coinbase Currencies category This comes amid debate within the XRP community regarding the token’s regulatory status. As reported earlier, Abdullah Nassif, the host of the Good Morning Crypto podcast, asked whether XRP is now officially recognized as a currency. He made the inquiry while reacting to comments from Wall Street analyst Linda P. Jones, who stated that a…

A genre-twisting revival of SNK’s classic Samurai Shodown fighting game franchise will be launching on the upcoming SuiPlay0x1 gaming device, the creators of the Sui blockchain, Mysten Labs, announced on Wednesday. The crypto handheld console aims to rival Valve’s Steam Deck by playing PC and crypto games, and is set for release in 2025. Samurai Shodown was first launched in 1993 and spawned numerous fighting game entries, with a 2019 reboot more recently renewing the franchise in the minds of gamers. Now with Samurai Showdown R, the series has shifted into a mobile massively multiplayer online role-playing game (MMORPG). This…