Author: NBTC
In line with the latest crypto market statistics, the stablecoin market witnessed a stunning rise in volume. As per ARK Invest, the cumulative stablecoin transfer volume touched $15.6T during 2024, exceeding the volume of the top conventional financial players, indicating a growth in worldwide confidence in stablecoins. On its official web portal, the platform shared the data about the rising stablecoin transaction volume. According to ARK Invest, the transaction volume of stablecoins hit $15.6T in 2024—roughly 119% that of #Visa.Among them, the $USDT transaction volume on #TronNetwork reached $5.46T in 2024, processing 750M transfers.Measured by monthly active stablecoin addresses,… pic.twitter.com/4Wfh7jyrOJ…
Ethereum (ETH) has experienced a 18% price decline the past month. However, in the last 24 hours, ETH showed a modest 1.8% recovery attempt, climbing toward its current price near $1,843, possibly a bullish outlook for ETH price in April. While Ethereum co-founder Vitalik Buterin continues his philanthropic donations—reportedly sending over $1 million worth of ETH recently to projects including Railgun and Zuitzerland—overall market sentiment for ETH currently remains cautious based on technical indicators. Buterin Plays VC Blockchain analysis platform Spot On Chain provided details on recent Buterin transfers. He’d sent 274.1 ETH (worth ~$500K) described as a “donation or…
El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? Table of Contents The curious case of El Salvador What are the results of the El Salvador Bitcoin experiment? How did the El Salvador Bitcoin experiment end? The curious case of El Salvador The 2021 law in El Salvador made Bitcoin (BTC) legal tender, meaning it became not just legal but mandatory for transactions. Merchants were required to accept Bitcoin, and the…
Mosaic Alpha, a decentralized crypto investment platform, has launched the Basket Manager Combine competition aimed at crypto influencers, managers, and investors, as reported to Finbold on Tuesday, April 1. As its name suggests, the event invites participants to create and manage token baskets and potentially win a share of more than $30,000 in rewards. The Basket Manager Combine competition will run from April 1 to June 30, 2025. DeFi token baskets In decentralized finance (DeFi), a token basket is a portfolio that combines multiple cryptocurrencies into one tradable asset. Each investor’s basket can be tracked, shared, and followed by other…
Onchain data reveals how a group of alleged insiders raked in profits after selling $10.2 million worth of the Venice token immediately after it launched. Venice Insiders Accused of Dumping Over $10M Worth of Tokens Amir Ormu, an onchain analyst with crypto marketing firm Castle Labs revealed that insiders at crypto artificial intelligence (AI) startup Venice, founded by bitcoin entrepreneur Erik Voorhees, dumped $10.2 million worth of the platform’s Venice token (VVV) right after the cryptocurrency launched last week Monday. The company touts itself as a privacy-focused, uncensored AI chatbot, powered by open-source large language models (LLMs) such as Llama…
Void Labs-backed Blade of God X (BoGX), a blockchain-powered action RPG that raised millions from top crypto investors, came under scrutiny after a public fallout between its core teams. On Tuesday, Amber Bella, former CMO of Blade of God X (BoGX), posted a series of tweets on X, formerly Twitter, accusing the game’s founder, Tnise Liu Yang, and the Web2 development team of mismanagement, reward manipulation, and cutting off the Web3 community that initially funded the project. “I must now confront the painful truth: this project has failed to deliver on the promises to the community,” she wrote, saying she…
Retail Bitcoin activity in APAC has outpaced the U.S. and Europe, driven by non-institutional participation, according to Gemini and Glassnode. The Asia-Pacific region retail traders are making moves in Bitcoin (BTC) while the U.S. lags behind. When excluding exchange-traded funds and exchange flows, retail activity in Asia is growing faster than in the U.S. and Europe, according to Gemini’s latest research report made in collaboration with Glassnode. Research at Glassnode analyzed transaction timestamps, linking BTC activity to working hours in different regions. The findings suggest that “retail activity in the APAC region has grown at a faster clip than other…
Layer 1 Berachain will airdrop just under 80 million of its BERA tokens to ecosystem and exchange users as the decentralized finance (DeFi)- focussed network goes live later on Thursday, per a release. The total initial supply of BERA is 500 million tokens, with 48.9% allocated for community engagement, including airdrops, ecosystem development, and research. The airdrop distribution included testnet users, social media participants, and other community members. Token allocations can be viewed on the Berachain airdrop checker as of Thursday morning and can be claimed using various EVM wallets like Metamask and OKX Wallet. “The BERA token distribution includes…
Michael Saylor, co-founder of MicroStrategy and its executive chairman, has announced that the company released its quarterly financial results report. The company’s most profitable business has been based on holding Bitcoin over the past four years. Now, Saylor has rebranded MicroStrategy to just Strategy with a Bitcoin logo added to it. Saylor turns his company into BTC-focused Strategy On February 5, Saylor first issued an enigmatic tweet, saying “₿ig Strategy Day,” which left the Bitcoin community guessing what Saylor and his team were up to. In the tweet that followed, Saylor clarified what he meant. New ₿rand, Same Strategy pic.twitter.com/r1LD5FdEjJ…
Shytoshi Kusama, the pseudonymous leader of the Shiba Inu ecosystem, has responded to a post ranking the top five crypto communities. The list, shared by TRENDY, a coin-ranking bot, features five communities, including one associated with Kusama. Specifically, the ranking highlights notable projects, including Shy On Solana (SHY), a project backed by Kusama. Other listed communities include Dogwifscarfcoin, an account currently suspended on X. Purple on Bitcoin, which combines Bitcoin’s security with Solana’s efficiency, JERKSTEVE, and Kekius Maximus CTO, also featured. Shiba Inu Developer Reacts 😇 https://t.co/q9JZ6o02dd — Shytoshi Kusama™ (@ShytoshiKusama) February 6, 2025 Kusama’s engagement with the post comes…