Author: NBTC
Michaël van de Poppe, one of the most influential analysts of the cryptocurrency market, talked about Bitcoin and the general cryptocurrency market in his statement. According to the analyst, the total market cap chart excluding Bitcoin is actually performing well. Therefore, the analyst claims that the consolidation in question is an expected event, after which an upward bounce scenario is possible. Speaking about Bitcoin dominance, van de Poppe said that dominance may have seen its peak. In this context, the analyst believes that Ethereum ETF approvals will allow the altcoins’ momentum to continue as a rotation trigger. According to the…
Ripple CTO David Schwartz recently shared an important reminder from RippleX for all XRP Ledger node operators. The message emphasizes the need to upgrade to the latest version of rippled to ensure service continuity. The newly released version 2.2.0 of rippled, the server software for the XRP Ledger, introduces performance improvements, several bug fixes and five new amendments that are now open for voting. Key features and amendments One of the key updates is the featurePriceOracle amendment, which adds a price oracle to the XRP Ledger. This feature allows the blockchain to access real-world data like market prices, which decentralized…
Manchester United has launched a Web3 football game, ‘Fantasy United,’ on the Tezos blockchain for the 2024/25 season, said the club in a recent announcement. Alongside the new game, the club has unveiled Player Trading Cards which feature all first-team players from the men’s squad in various editions, including Classic, Rare, and Ultra-Rare. These collectible cards are updated with real-time stats throughout the season. The team said fans could use their trading cards to build a five-player squad in ‘Fantasy United.’ The game also allows fans to compete against friends, participate in mini-leagues with United players, and earn points based…
Bitcoin (BTC) continues to captivate attention as it consolidates slightly above the $60,000 mark. As the market eagerly anticipates Bitcoin’s next move, recent activities reveal significant bid volumes and liquidity shifts. These movements highlight intriguing patterns and potential opportunities, offering valuable insights for both traders and investors. Popular trader Daan Crypto Trades has noted substantial bids below the spot price and a rise in open interest. Recent data shows an impressive $500 million in bids placed below Bitcoin’s spot price, around $59,500 to $60,583. Market sentiment and historical performance Michaël van de Poppe, founder and CEO of MNTrading, remains optimistic…
Chris Amani, the chief executive of Terraform Labs, the firm behind the rise and collapse of the Terra ecosystem, received $8 million from the bankrupt company that had filed for bankruptcy in January. As crypto and finance researcher FatManTerra noted in a post on social media platform X (formerly Twitter), Amani has not compensated those affected by the implosion of the Terra ecosystem, but instead directed the money to himself. “Absolutely disgusting, hope this is all clawed back by the trustees.” In another X post, Ray Raspberry, an advisor for Turkey DAO, confirmed that Amani kept $4.47 million of the…
Bitcoin (BTC) has crashed back to a four-month range low of $60,000, currently trading at $61,500. As things develop, cryptocurrency analyst CrypNuevo projects BTC returning to the $67,000 price zone by the end of July. CrypNuevo shared this particular analysis in his “Sunday Update” as a thread on X on June 30. Notably, the analyst foresees a volatile week ahead due to macroeconomic news, which he expects BTC price to respond to. Overall, he mentioned news related to the MiCa regulation in Europe and other economic data, mostly from the United States, like non-farm payroll, unemployment rate, and FOMC minutes.…
In the past seven days, several leading blockchains have demonstrated significant activity. It is measured by the number of transactions and the average daily active addresses. The latest data, sourced from Artemis, provides insight into the current adoption and performance of these blockchains. Top Blockchains by Number of Transactions in last 7 daysLet’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to @artemis__xyz, in order to evaluate their current adoption and performance. pic.twitter.com/1WAmFF27FO — TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) July 19, 2024 User Engagement Strong Across Leading…
In a recent episode of “The Wolf of All Streets” podcast, Scott Melker hosted Dan Tapiero, founder of 1Roundtable Partners and 10T Holdings, to discuss the future of cryptocurrency. Tapiero shared his bullish outlook on the crypto market, predicting it could eventually be worth hundreds of trillions. Crypto Market Potential Tapiero initially believed the crypto market could reach a total market cap of $10 trillion. However, recent developments and the rapid growth of the sector have led him to revise his estimate significantly upwards. He now believes the market could reach $30 trillion, $70 trillion, or even $100 trillion in…
THORSwap, a decentralized exchange leveraging the THORChain network for cross-chain crypto swaps, has the launch of RUNEPool. The release of RUNEPool on THORSwap focuses on initiating an exclusive epoch of diversified yield in $RUNE. The platform revealed this development in a comprehensive article on the social media platform X. 📢@THORChain RUNEPool is officially live! 🏖️https://t.co/Bv9BdjJbc4 Deposit $RUNE to Earn $RUNE by providing liquidity paired with blue-chip asset pools. A New Era of Diversified $RUNE Yield awaits!🌱 Learn more 🧵👇 https://t.co/uYXakrAIYu pic.twitter.com/QIUfqp4Zzg — THORSwap ⚡ #BetterThanCEX (@THORSwap) July 31, 2024 THORSwap Unveils RUNEPool for Enhanced $RUNE Yield The company expressed enthusiasm…
Payment delays affecting the Bank of England (BoE) has sparked calls for the adoption of XRP in traditional payment systems. The Bank of England recently experienced delays in high-value, time-sensitive payments due to a “global payments issue.” The issue caused disruptions to payments made through the UK’s CHAPS interbank payment system. Notably, the central bank assured that delayed payments would be resolved before the end of the day. Meanwhile, the crypto community has quickly responded, suggesting that XRP could have helped mitigate chances of the predicament. Crypto Community Advocates XRP King Solomon, CEO of Generation Infinity, highlighted the potential of…