Author: NBTC
People holding 5 million, 10 million, or 30 million Shiba Inu today could see their financial status change if SHIB hits $1 as this top exchange project. Despite the relief rally across the market, Shiba Inu has continued to trade around the $0.000013 territory. Currently, Shiba Inu changes hands at $0.00001373, representing a slight increase of 1.47% in the past 24 hours. At the moment, Shiba Inu is down 69.48% from its yearly peak price of $0.000045, attained on March 5. CoinW Hints at Shiba Inu’s Potential Surge to $1 However, many investors believe in Shiba Inu’s prospects amid the…
BOB, a Bitcoin layer-2 project looking to expand development on the world’s oldest blockchain, has integrated with the Superchain ecosystem built on Optimism’s OP Stack. OP Stack is a toolkit which allows developers to build their own blockchains atop Ethereum layer-2 network Optimism. Optimism has previous attracted exchanges Coinbase and Kraken to use it s the venue for building their blockchains. Ethereum layer-2 Optimism’s “Superchain” has added a Bitcoin-native project to its ecosystem for the first time, CoinDesk is first to report. BOB, a Bitcoin layer-2 project looking to expand development on the world’s oldest blockchain, has integrated with the…
River Financial, a Bitcoin-focused financial institution, has predicted that 10% of US companies will convert a total of $10.35 billion into the largest cryptocurrency over the next 18 months. “We estimate that business bitcoin holdings will grow at a rate of between 204 and 519 BTC per day until the year 2026, equivalent to a range of $12.2 million and $31.1 million per day at a $60,000 bitcoin price,” the company wrote in a recent report. All businesses combined now hold a total of 700,000 BTC with a growth rate of 150,000 BTC per year. Businesses now account for 3.3%…
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…