Author: NBTC
Following a successful airdrop in March, the Runestone project is gearing up for its next airdrop, which will feature a cuddly puppy. Bitcoin wallets that were airdropped Runestones will receive three meme coins starting with the Dog airdrop later this month—if they still hold those Runestone inscriptions when it happens. YOU ARE NOT READY FOR THE CUTENESS THAT YOU ARE ABOUT TO GET AIRDROPPED IF YOU HOLD A RUNESTONE pic.twitter.com/uKSEWzUhn6 — Leonidas (@LeonidasNFT) April 8, 2024 “The central bank is collapsing, and fiat hyperinflation narrative only resonates with a small segment of the population, but everyone likes a cute puppy…
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable concentration of custodianship among the same pools. Analysis Reveals Shared Mining Practices Among Top Bitcoin Pools 0xB10C’s latest analysis on the social media platform X reveals that mining pools such as Btc.com, Binance Pool, and Poolin share the same mining template and custom transaction prioritization as Antpool. This uniformity could suggest a deeper collaboration or standardization in mining operations across…
A widely followed crypto analyst is diving into Bitcoin’s (BTC) latest rally and what it could mean for the altcoin markets. Crypto trader Michaël van de Poppe tells his 702,100 followers on the social media platform X that BTC’s pre-halving rally is right on schedule. “Bitcoin dominance continues the rally. To date, the pre-halving rally is still rock solid. The question is, are we going to peak pre-halving? If so, it would be the signal for Altcoins to flourish. What do we want to see? We’d like to see them bounce in their BTC pairs.” Source: Michaël van de Poppe/X…
While the popularity of cryptocurrencies is increasing day by day, many projects and platforms continue to collect million-dollar funds. In this context, the Ethereum (ETH)-based liquid repurchase protocol Puffer Finance raised $18 million in the Series A financing round and reached a valuation of $200 million. Prominent names such as Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR participated in the investment round co-led by Brevan Howard Digital and Electric Capital. It was stated that in addition to corporate companies, names such as Polygon co-founder Sandeep Nailwal, Wormhole co-founder Anthony Ramirez, AltLayer co-founder…
In an intriguing development within the Shiba Inu (SHIB) ecosystem, the SHIB burn rate has surged dramatically by a staggering 1,344%. This remarkable increase in token-burning activity comes at a key moment for SHIB investors, as the price of the dog-themed cryptocurrency appears to be on the verge of a significant shift. According to the Shibburn X handle, 135,451,536 SHIB tokens were burned in 12 transactions in the past 24 hours. This amounted to $3,868.50 in monetary terms, with the SHIB burn rate soaring by a whopping 1,344.14%. In the past 24 hours, there have been a total of 135,451,536…
Bitcoin has once again captured the spotlight, registering a staggering 72% price increase year-to-date. Opening the year at $42,560 and breaking all-time highs to now trade at $73,000, BTC finds itself in price discovery mode. With no historical price resistance or support, the market is tasked with establishing new benchmarks before the halving. Despite this impressive rally, there are indicators suggesting that Bitcoin may be on the verge of a price correction. Bitcoin Whales Are Booking Profits A notable metric, the Short-Term Holder Realized Price and Profit/Loss Margin indicator, reveals that short-term holders are currently sitting on 70% profits in…
Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service. Worldcoin Faces Over $1 Million in Fines in Buenos Aires Worldcoin, the biometric identification project, is facing legal action due to its operations in the province of Buenos Aires. The company was accused of including unfair clauses in its binding contracts, violating the rights guaranteed by the National Consumer Defense…
Bitcoin today took a hit—falling well below its fresh all-time high to under $69,000 per coin. The biggest digital coin by market cap has since recovered and is back above $70,000 at time of writing. But it’s significantly below the $73,700 level it hit yesterday, CoinGecko shows. Bitcoin has been on a roll thanks to the massive success of new spot Bitcoin exchange-traded funds (ETFs). But then data dropped on Thursday from the Labor Department’s Bureau of Labor Statistics showing that the producer price index jumped 0.6% last month. The important inflation indicator showed that prices were higher than expected…
Mike Novogratz, the cofounder and CEO of Galaxy Digital, has issued a stark warning about the current United States debt situation, urging the government to immediately cut spending. According to Novogratz, the U.S. is grappling with a debt-to-GDP ratio of approximately 125%. This, he says, is a level that historically precedes significant economic challenges. Novogratz proposed solutions and role of Bitcoin Drawing on historical precedence, Novogratz points out that of the last 34 countries to reach such levels of indebtedness, 33 were forced to restructure their debt. He maintains that the U.S is no different and emphasizes the urgency of…
DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues its altcoin purchases and investments. At this point, DWF Labs recently announced that it has established a partnership with DeXe Network (DEXE). Sharing from the X account, DWF Labs said: “We are excited to announce that our newest ecosystem partner is DeXeNetwork! I’m pleased to share that we’ve built our DAO in DeXe and published several offerings for collaboration within the DeXe DAO. Today our liquidity partnership proposal was approved by the community. I believe DAO tools on DeXe will be…