Author: NBTC
According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. Similarly, the search query “bitcoin” saw a rise, moving from a score of 71 to 76 between those two days over the 30-day period. Ethereum Search Popularity Peaks as ETF Launch Nears; Bitcoin Searches Also on the Rise Ethereum is gaining attention ahead of the imminent launch of spot ether exchange-traded funds (ETFs), while bitcoin has also seen increased interest…
A prominent representative of the Shiba Inu team, its marketing lead Lucie, has issued a crucial warning to the SHIB community. Lucie’s tweet is called “crypto and celebrities,” and it discussed the major issue of celebrities beginning their own cryptocurrency projects and offering the community to invest in them. “Crypto and celebrities” SHIB warning Lucie tweeted that while being a fan of various musicians and celebrities from show business, she was still stunned when they took a step toward the crypto space. Lucie shared that she had “an interesting chat with a friend” and then read a few posts on…
The Open Platform (TOP), a prominent developer in The Open Network (TON) blockchain ecosystem, announced today that it has made a strategic investment in Pluto Studio, the developer behind the rising Telegram-based crypto game, Catizen. Catizen has seen surging growth alongside other major Telegram crypto games, with Pluto also announcing on Monday that the game has now attracted some 25 million players. Pluto declined to disclose the amount of the investment. The game is built around simple puzzle matching mechanics, letting players merge and upgrade felines in a cat cafe, all in the hopes of earning a larger share of…
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value locked for all Ethereum Layer 2s is up 12.04% over the last week to reach $42.04 billion. Scroll Hits $1 Billion TVL Scroll has become the 8th Ethereum Layer 2 network to surpass a TVL of $1 billion. Of this total value, ETH accounts for 87.29%, stablecoins 11.11%, and other assets 1.60%. The network has recently garnered significant attention, continuously rolling out features since its launch in October 2023. The…
Bitcoin’s fear and greed index is at 27, hinting at a fear in the market. The daily RSI at 38.08 suggests the asset’s oversold condition. The potent bulls struggle to hold their ground as bears dominate the crypto market currently. Bitcoin (BTC) witnessed a minor spike of 1%, struggling to move higher. BTC price has fluctuated within the $53,000–$70,000 range, as the asset has faced multiple resistance-support levels over the past month. Amidst the ongoing BTC price decline, Australia’s DigitalX has obtained the approval of a spot Bitcoin ETF to list on the Australian Securities Exchange (ASX). DigitalX’s BTC ETF…
The $2 million purchase of call options is seen as a bullish bet on dogecoin. The contract will expire in 16 days, in which time DOGE has to rise by 31% to avoid expiring worthless. Dogecoin last touched $0.22 in March, but hasn’t surpassed that level since November 2021. A trader bought $2 million worth of dogecoin (DOGE) call options at a strike price of $0.22 on Wednesday, according to Bernd Sischka, chief commercial officer at derivatives exchange PowerTrade. DOGE is currently trading $0.166 and the call options purchased expire on June 14, which means that the popular meme coin…
Midnight Society, the studio behind extraction shooter Deadrop, has launched an update for the game exclusively for its NFT holders. This is the first major move the studio has made since co-founder and popular streamer Dr. Disrespect was booted from the company, after he was alleged to have inappropriately chatted with a minor. This limited build only allows players to test the game playing a team deathmatch mode, with each team embodying either a human Claw or a metallic R.A.T. (Robotic Acquisition Teams). These two characters have very distinct and contrasting play styles thanks to varying abilities, movement speed, and…
Synternet, a trailblazer in blockchain interoperability, is reshaping the landscape of Web3 data sharing through its deep integration with the Interchain ecosystem. The company has recently announced significant milestones with the launch of its mainnet and the imminent opening of the bridge from its ERC20 $SYNT token to the Cosmos token. This integration marks a pivotal advancement in facilitating seamless real-time data flow across various blockchain platforms, promising a new era of connectivity and accessibility in the decentralized world. As Synternet’s platform goes live, it not only produces blocks supported by institutional validators but also sets the stage for expansive…
Leading cryptocurrency Bitcoin (BTC) has been in a downward trend since June due to Mt.Gox and German government news. At this point, while the BTC price has fallen to $ 53,600, many data are now giving bottom and rise signals. At this point, CryptoQuant analyst examined the Bitcoin: Puell Multiple indicator in a recent analysis. According to the analyst, this indicator signals that an upward move is approaching. CryptoQuant analyst named Crypto Dan noted a significant drop in Bitcoin Puell Multiple, a metric that measures mining profitability. The analyst noted the success of this indicator in finding market bottoms during…
Shiba Inu (SHIB) is riding high on its bullish momentum as meme coins across the board see an increase in market performance. The dog-themed meme coin currently holds the leading position in recent gains, with PEPE trailing behind. Shiba Inu’s playful taunt In a recent post on SHIB’s official X handle, Shiba Inu humorously dismissed potential challengers, asserting its dominance and suggesting that competitors can vie for second place. SHIB stated: New challengers emerge, but the #SHIBARMY remains unfazed at the top 🏆1. While the runner-up spot is open (even to amphibians!) the top dog position is ours. #ShibaArmyStrong. New…