Author: NBTC
Michael Dell, CEO of Dell Technologies, recently posted a thought-provoking poll on X (formerly Twitter), asking the community to weigh in on what they considered the most important thing between the options: AI, Bitcoin, or love and relationships. This simple yet profound question piqued the interest of the crypto community, with a larger portion of respondents going for Bitcoin. The poll, which seemed to be a casual inquiry, caught the eye of Michael Saylor, MicroStrategy cofounder and CEO who reacted to the survey with a heart emoji. Saylor would later post an epic response to the Dell CEO’s tweet. #Bitcoin…
Despite the recent approval of spot Ethereum exchange-traded funds (ETFs) by U.S. regulators, Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has continued its downward trajectory, raising concerns among investors. CoinMarketCap data showed ETH trading at $3,252 at the time of writing, up 2.3% in the past 24 hours. However, ETH had dropped from the highs of $3,500 to the $3,100 price level in the past few days, leaving market participants anxious on the token’s price trajectory. Notably, ETH is down almost 5% in the last seven days, 4% in the past month, but remains up 75% since July…
zkSync’s domain misuse report leads to permanent suspension, spurring significant investor interest. Buenos Aires adopts zkSync’s QuarkID to enhance citizen security and privacy using blockchain. This weekend, zkSync piqued the interest of investors, rocketing into the top five gainers on CoinMarketCap in the last 24 hours. As of the time of writing, the price of zkSync’s token, ZK, had risen by 8.67% over the last 24 hours, reaching $0.1951. This amazing surge includes a 23.82% increase in the last seven days, with a daily trading volume of $171.98 million. zkSync Team Reports Domain Misuse Leading to Permanent Suspension Interestingly, this…
Bybit is set to list Catizen (CATI) for pre-market trading on July 30, 2024, providing early access to tokens. The game has a robust user base and has generated $16 million from in-game purchases. Catizen significantly supports animal welfare by donating a portion of its profits to stray cat organizations. Catizen’s pre-market launch on Bybit offers a unique opportunity for early token acquisition, highlighting the game’s success and commitment to animal welfare. Catizen Pre-Market Listing: Key Details On July 29, bybit, a major crypto exchange, announced the listing of Catizen (CATI) on its pre-market platform. Pre-market trading will commence on…
TL;DR Arbitrum’s Expansion Proposal: The Arbitrum Foundation is considering extending its Orbit chains beyond Ethereum. The proposal is undergoing an initial “temperature check” vote on Snapshot, with results expected by August 1, 2024. Going Beyond Ethereum: If approved, new Orbit chains could launch on diverse networks like Bitcoin, Binance Smart Chain, and Cosmos. Rising interest from projects outside Ethereum has prompted this expansion. Financial Model and Community Support: Orbit chains share 10% of profits with the Arbitrum ecosystem. Preliminary results show over 99% community support for deploying Orbit chains across various blockchains. The Arbitrum ecosystem, known for its innovative Layer…
Despite Bitcoin’s strong start in early 2024, crypto mining stocks outperformed BTC after the halving, with Hut 8 and Bitfarms delivering the highest returns. The fourth Bitcoin halving event has brought significant shifts in the crypto mining landscape, impacting smaller mining firms more severely, analysts at CCData wrote in a research report. This is due to “suboptimal infrastructure and the lack of economies of scale,” As a result, private equity firms consolidated smaller firms and integrated their infrastructure, despite recent headwinds for Bitcoin (BTC) itself. This strategic interest has led to a noticeable performance in mining stocks, the analysts say,…
Ethereum price reached $67,432 on July, up 6% for the day as bull traders place bet worth $1.38 billion ahead of Trump’s speech at Bitcoin Conference this weekend. ETH price looks set to record more upside amid the ongoing market shakeup. Ethereum Price Pumps 6% on Trump Speech Speculations ETH price entered a worrying 13.45% downtrend mid-week amid a sell-the-news wave that greeted the spot Ethereum ETFs launch on Tuesday, June 23. However, the sector sentiment flipped bullish on Friday, July 26, as markets began to react to Donald Trump’s confirmed appearance at an upcoming Bitcoin Conference in the USA.…
U.S. President Joe Biden will end his campaign for a second term, he announced Sunday, sending memecoins tied to his campaign plummeting and slightly decreasing former President and Republican nominee Donald Trump’s chances on the Polymarket prediction market. Vice President Kamala Harris is now the leading contender for becoming the new Democratic Party nominee for the 2024 race, according to another Polymarket contract. Biden gave his No. 2 a shout out in his departure letter, endorsing her in a second tweet shortly after announcing the end of his campaign. “Today I want to offer my full support and endorsement for…
Singapore — Matr1x, the cutting-edge Web3 platform reshaping gaming and entertainment, is thrilled to announce the launch of its governance token, $MAX. The token will commence OKX Jumpstart Mining today, with secondary trading on OKX Exchange starting August 5th. Prior to its official listing, $MAX achieved an impressive $1.5 billion valuation in the OTC market.—Matr1x, renowned for its leading Web3 mobile shooting game Matr1x Fire, has already made a significant impact with over 2.5 million downloads and nearly 100,000 daily active users. The $MAX token aims to drive community engagement and empower players within the Matr1x ecosystem, emphasizing decentralization, creator-centricity,…
The cryptocurrency exchange OKX has launched pre-market futures, which allow users to trade futures contracts with two-times leverage for upcoming tokens before they are sold to the public. According to the company’s announcement, the new feature allows traders to engage with upcoming tokens even before their official market debut. By offering futures contracts with leverage, OKX has promised to create a platform that opens up new avenues in the crypto trading world. The futures incorporate mechanisms from its expiry futures product, aiming to provide a better experience than traditional peer-to-peer (P2P) pre-market offerings. This offering reportedly enables customers to trade…