Author: NBTC
Bitcoin (BTC) has dropped again, revisiting the $56,000 price level as predicted and reported by Finbold on September 1. What the cryptocurrency market primarily sees as a bearish signal, millionaire investors see as an opportunity, increasing their BTC stacks. The above is true for at least three Bitcoin whale addresses spotted accumulating millions of dollars in BTC these days. In particular, Finbold collected three posts from Lookonchain on X, reporting some of these millionaire investors who are bullish on Bitcoin. Notably, the recent purchases happened as September started in the red despite what the stock market calls the “September Effect.”…
The problem of low liquidity and high fees on Bitcoin Layer 2 platforms has been a major hindrance for traders and projects looking to use these platforms for asset swapping, trading, and launching. This can result in missed opportunities, slow transaction times, and increased costs. Velar is looking to solve this issue by facilitating seamless asset swapping, trading, and launches on the leading Bitcoin Layer 2 platforms, offering unmatched liquidity and flexibility. —Introducing DeFi Into The Bitcoin EcosystemGiving custody of Bitcoin to centralized exchanges has led to disastrous outcomes as we’ve seen in the past. Before the birth of Velar,…
Recently, a widely followed crypto community commentator, “Echo Datruth,” asked the popular AI chatbot ChatGPT to use astrology to provide insights into the future of XRP. Astrology enthusiasts like “Echo Datruth” believe cosmic shifts could align with major financial transformations, including cryptocurrencies. According to the disclosure, ChatGPT highlighted what to expect for XRP and the broader crypto market over the next few months to a year “based on what the stars say.” XRP Future Based on Astrology Under Pluto in Aquarius (2024), ChatGPT urged XRP enthusiasts to expect a revolution in innovation and decentralization. According to the disclosure, Aquarius represents…
CyberCharge, in collaboration with the Solana blockchain, has unveiled its decentralized energy infrastructure, integrating AI with a consumer-powered network to promote global energy access. Utilizing a Decentralized Physical Infrastructure Network (DePIN), the initiative seeks to provide an inclusive, sustainable energy model by uniting smart devices and blockchain technology with AI-driven services. 🔋Powering the future of decentralized energy with #CyberCharge! By connecting a consumer network through engaging games and AI-driven #DePIN, we’re building a sustainable world on @solana.Join us alongside @Colosseum & @SuperteamMY to make this vision a reality. 💪💡… — CyberCharge (@CyberChargeWeb3) October 30, 2024 Engaging Games Power CyberCharge’s Expansion…
The bitcoin price is still on a downward trend but there was a shocking occurrence in the market: NVIDIA, one of the largest companies in the U.S., suffered the largest loss in a day in history. The company recorded the highest-value depreciation of 95% in less than 24 hours, putting their losses to about $280 billion. The broad-based losses did not only leave the stock markets alert but influenced Bitcoin and other e-assets which saw them drop downwards. According to analyst Josh of Crypto World, Bitcoin is now testing an important support zone. The SuperTrend indicator continues to indicate the…
This coming week, large-volume token unlocks are expected in several key projects in the crypto market. A recent survey of activities reveals that several leading cryptocurrencies are about to unlock significant amounts of their locked tokens, a plan that could affect the market. Top 7 ICO, an analytical platform reveals the top crypto token unlocks for next week, through social media X account. Top 7 Biggest Token Unlocks in the Next 7 DaysMonitoring of vested tokens and future unlock events is an important step to make more cautious and, in the end, better trading decisions. Let’s take a look at…
Ripple Labs will invest $1 million each year to support the IRC’s efforts. The partnership focuses on using blockchain to speed up cash help in emergencies. Together, they aim to help vulnerable communities access vital resources quickly. Ripple Labs has joined forces with the International Rescue Committee to enhance charitable aid distribution. The cooperation involves a commitment of $1 million annually for several years. The company will test its $RLUSD stablecoin for cash relief programs and international fund transfers. Transforming Humanitarian initiatives The IRC has a strong history of providing emergency assistance globally. It operates in over 40 countries and…
Bitcoin closed August in red, but experts are divided on whether September could bring a recovery, with some pointing to macroeconomic shifts, potential rate cuts, and rising institutional interest as reasons for optimism. Coinglass data shows that, since 2013, Bitcoin (BTC) has often recorded losses during September, making it the worst-performing month for the digital asset. On average, Bitcoin has dropped by -5.36% in September, with gains in only four of the past thirteen years. This consistent poor performance has made investors uneasy, fearing that the trend could persist in 2024. Yet, there are signs this September might break from…
David Schwartz, Ripple’s Chief Technology Officer, has disclosed intentions to host an X Spaces next Wednesday to discuss programmability on the XRP Ledger (XRPL). The session will focus on Schwartz’s views on the topic and include community input from XRP enthusiasts. I’m hosting a Space next Wednesday to discuss programmability on the XRPL – including how my thinking has evolved on this topic, and inviting @msvadari to share the feedback she’s collected on what folks would like to see with any programmability proposal, and why. Looking… — David “JoelKatz” Schwartz (@JoelKatz) September 16, 2024 Background: Ripple’s New Programmability Plans This…
Chainlink has announced its DECO Sandbox is open to the public. This gives financial institutions and Web3 developers a hands-on environment to explore privacy-enhanced data solutions. The DECO Sandbox offers preconfigured use cases demonstrating privacy-preserving data verification methods for streamlined compliance processes and enhanced data security. The #Chainlink DECO Sandbox is now officially open to the public 🏗️The sandbox provides preconfigured use cases and a framework to empower financial institutions and Web3 developers to start innovating on compliant and privacy-preserving data solutions.https://t.co/9fGvrxy9lc — Chainlink (@chainlink) October 30, 2024 The DECO Sandbox introduces a zero-knowledge Transport Layer Security (zkTLS) oracle technology,…