Author: NBTC
Democratic Party for the People (DPP) leader Yuichiro Tamaki has outlined pledges for crypto tax reform in Japan on social media yesterday (JST). He asked digital asset enthusiasts for their support in addressing the nation’s astronomically high cryptocurrency tax rates, and digitizing money. The political vans are rumbling down the streets once again in both small-town and big-city Japan, poisoning the beautiful October air with their unique brand of noise pollution. However, crypto heads may be paying more attention than usual to the loudspeakers shouting about this year’s general election. Yuichiro Tamaki, leader of Japan’s Democratic Party for the People…
Malone Lam is trending, this time as a hot meme that has risen to become one of the top trading pairs on decentralized exchanges. According to on-chain data, the Malone/Solana (SOL) trading pair on the Raydium DEX skyrocked more than 1,000% in 24 hours. The meme traded as a top DEX pair on Solana, hitting 24-hour volume of over $4.4 million. Its market cap stood at $751,000. Malone was trading at around $0.0006712, up about 927% in the past 24 hours. However, it previously hit a high of $0.0017713 on Raydium—the largest DEX platform on Solana. Dexscreener shows it hit…
The Bitcoin (BTC) price is in a downtrend, although it is making an upward correction as it continues to recover. Price analysis by Coinidol.com. Bitcoin price long-term forecast: bearish Bitcoin has risen back above the $52,000 support as buyers push the price to the 21-day SMA barrier. If BTC price rises above the 21-day SMA, it will reach the 50-day SMA high. In other words, a break above the moving average lines will indicate the continuation of the uptrend. The largest cryptocurrency will rise to its previous highs of $64,000 and $70,000. In contrast, if Bitcoin moves away from the…
The NFT market witnessed significant activity over the past 24 hours, with Bored Ape Yacht Club (BAYC) topping the charts regarding trading volume. A rare Qzuki NFT made headlines, marking the largest sale on the last day. OpenSea, the leading NFT marketplace, continues to dominate trading volume, further solidifying its position as the go-to platform for NFT enthusiasts. #NFT MARKET OVERVIEW TOP COLLECTION #BoredApeYachtClub – 24H Volume $1.11M TOP SALE… pic.twitter.com/25T2t3DrhV — PHOENIX – Crypto News & Analytics (@pnxgrp) October 22, 2024 Bored Ape Yacht Club maintained its status as a top NFT collection, recording a 24-hour trading volume of…
Investment in artificial intelligence (AI) within the crypto space surged dramatically in the past quarter, accompanied by a significant uptick in investor interest this month. Hence, it appears that the crypto venture capitalists (VCs) might be betting big on the AI narrative for the next cycle. Crypto VCs Invest Over $213 Million in AI During Q3 A recent report from Messari revealed that VCs poured over $213 million into AI-related projects last quarter. This figure marks a 340% increase year-over-year and a 2.5x jump from the Q2. Read more: How To Invest in Artificial Intelligence (AI) Cryptocurrencies? Amount of VCs…
Shiba Inu is in the spotlight amid the brooding SHIB price recovery moves. The meme coin project exhibits resilience in several market performance metrics, including price, and whale transactions are a major bullish streak. As of this moment, the price is up 3.8% in the past 24 hours to $0.00001465. Market whales play a crucial role in sustaining this price momentum. Shiba Inu whale transactions soar Per data from IntoTheBlock, large SHIB transactions jumped by 171% to $20.57 million. By its standard definition, IntoTheBlock labels transactions worth at least $100,000 as large, and by this, a total of 61 such…
Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoin’s anonymous inventor Satoshi Nakamoto. Joining the project in July 2010, Garzik contributed to early software releases, entering notable pull requests including the first proposal to raise the block size limit, as well as the first proposal to eliminate subsidies for free transactions. Under Satoshi’s time as maintainer, Garzik had pull requests accepted, including for work separating the mining code from the Satoshi client. Most notably, the new…
Legal & General (L&G), the London-headquartered pension and investment management firm with $1.5 trillion in assets under management, is plotting an entrance into the blockchain-based tokenization space that’s growing popular among finance giants. Tokenization – or the representation of conventional assets like U.S. Treasuries-backed money-market funds via tokens on a blockchain – has become popular among traditional finance firms. That accelerated after the arrival of BlackRock, the largest asset manager in the world, on the scene with its BUIDL fund on the Ethereum blockchain. Others are available from Franklin Templeton, State Street and Abrdn. “We are evaluating ways to make…
Xaman, the leading crypto wallet on the XRP Ledger, has launched its latest iteration, version 3.0, introducing a range of new features, including a monetization strategy. In a blog post on Monday, the team behind Xaman revealed version 3.0 of their popular XRP wallet. According to the announcement, Xaman 3.0 represents a major milestone in the platform’s evolution. It enables the team to craft a superior user experience that ensures the long-term viability of both Xaman and XRPL Labs. New Offerings for XRP Enthusiasts in Xaman 3.0 Xaman 3.0 comes with extensive internal enhancements to boost app performance and reliability,…
Bitcoin has been in CryptoQuant’s bearish phase since August 27. There’s been a decoupling from gold, which has been making record highs, while bitcoin struggles more than 20% below its record level of a few months ago. BTC’s MVRV ratio is below its 365-day moving average which suggests a further price correction may be on the cards. Investors in this current risk-averse environment appear to be favoring traditional safe-haven assets like gold as opposed to bitcoin (BTC). The correlation between bitcoin and gold has turned sizably negative of late, according to CryptoQuant, with gold recently pushing to new record highs…