Author: NBTC

As the price of XRP surged to a fresh seven-year high mark Monday, analysts told Decrypt that the asset’s stunning ascent is being driven by a series of post-election factors, ranging from renewed regulatory hopes to the potential for XRP-centric investment products. Since Election Day last month, the token stewarded by Ripple Labs has been one of the crypto market’s best performers, outpacing Bitcoin and Ethereum’s relative gains. Since November 5, for example, the price of XRP has more than quintupled, rising 430% to $2.67 from $0.50. Whether it’s WisdomTree or 21Shares, several asset managers have recently filed for products…

A notable Ripple whale has purchased 60 million XRP today. This moves comes amid XRP price’s impeccable rally as the token clocked a phenomenal gain of over 426% in a month. The latest accumulation has fueled hopes of a surge to the $3 mark soon. Latest Ripple Whale Movement & XRP’s Legal Saga According to Whale Alert, a Ripple whale snapped up 60 million XRP, valued at approximately $159.50 million, from the South Korean exchange Upbit. This significant acquisition comes amid a strong bullish surge in XRP, which recently surpassed the $2 mark and is now eyeing the $3 threshold.…

Neo is launching an experimental AI agent on the Neo X EVM sidechain and invites users to outwit its puzzle-solving mechanisms to compete for a piece of a US $30,000 prize pool. The AI agent is designed to protect the pool of GAS, and it’s the player’s job to convince it to part ways with the funds. The game launches at 12:00 pm (UTC) on Jan. 9 and concludes on Jan. 14. The Escape the Matrix AI agent will feature puzzle-solving mechanics, AI-assisted multi-layer encryption verification, automated tasks, and asset distribution. Neo’s AI agent is modeled after Freysa.AI, an agent…

If you’ve been following Bitcoin’s rise, South Korea’s latest move might surprise you. While the US plans bold steps with Bitcoin, it is holding back. The Financial Services Commission (FSC) has ruled out creating a national Bitcoin reserve. Their reason? It’s all about caution, investor safety, and keeping things stable. Cautious Move by South Korea Kim Byung-hwan, the FSC Chairman, has made it clear. South Korea will wait before diving into Bitcoin reserves. They want to see how other countries, especially the US under Donald Trump, handle crypto. For now, the country is choosing safety over technological advancement. Crypto trading…

Virtuals Protocol, a decentralized platform that allows users to create, own, and monetize AI agents across various virtual environments, is seeing over 1,000 tokens being created every day. AI Agent tokens created on the platform now hold an overall market cap of more than $1.8 billion, according to CoinGecko. Are AI Agent Tokens the New Meme Coins? According to Dune data, more than 21,000 AI Agent tokens were created on Virtuals Protocol in November alone. Tokens like AIXBT and LUNA surged over 300% within days of launch. The platform’s popularity also drove its native token, VIRTUAL, to an all-time high…

FMCPAY has announced its strategic partnership with RUNERA to reshape the blockchain-based landscape. This groundbreaking collaboration aims to transform gaming and AI applications on Bitcoin’s Layer 2. FMCPAY, a fast merchant crypto payment system, has announced its groundbreaking alliance via its official X account. The other partner, RUNERA, is an innovative protocol that merges gaming with AI on Bitcoin’s Layer 2. This protocol seamlessly utilizes the BRC-20 standard. 🤝 FMCPAY x RUNERA Partnership Announced 🤝🎉 Thrilled to team up with @Runera_io, a groundbreaking protocol combining Gaming & AI on Bitcoin’s Layer 2 with BRC-20!✨ Highlights:– BTC Gas Fees for stability.–…

Bitcoin’s long-term holders are HODL-ing, while short-term holders are making profits. This reflects a consolidation of BTC’s price. According to CryptoQuant, Bitcoin’s (BTC) current market cycle is turning out to be interesting as it throws light on the behaviors of long-term holders and short-term holders. Both groups are important in influencing the asset’s further price movement, and their activities frequently mirror the sentiment of the market. You might also like: 12 crypto startups in Japan to know in 2024 Long-term Holders Are Holding On: The data also indicates that long-term BTC holders are maintaining low activity levels, as displayed by…

XRP is up 92% in the last seven days, and meme coins on the XRP Ledger (XRPL) network are experiencing even larger percentage gains as the ecosystem attracts users from other blockchains. The charge is led by an 18-month-old meme coin, ARMY—a reference to the so-called XRP Army of enthusiastic investors and supporters—which jumped from less than a $1 million market cap on November 26 to more than $90 million on Sunday, though it has since dipped to about $47 million as of this writing. The massive move has marked significant gains for early ARMY traders, one of which has…

With $7 billion inflows into the cryptocurrency market in a single day, Bitcoin’s quest to reach the $100,000 milestone has accelerated. This inflow suggests increased interest from both institutional and individual investors, which could pave the way for Bitcoin to break through the psychologically important price threshold. According to the most recent network flow chart, the Bitcoin network has been experiencing a lot of activity. Increased buying pressure, which frequently coincides with price increases, is indicated by spikes in inflows. When such large quantities reach the market, they typically serve as catalysts for price increases. Sustained momentum, however, will rely…

Ripple ($XRP) has made history by achieving a market value of $2.49, marking its highest price since January 8, 2018. This remarkable surge comes after nearly seven years, fueled by intense activity in the cryptocurrency market and major $XRP accumulation. Whales and retail investors have collectively contributed to XRP’s meteoric rise. They all showcase significant interest and confidence in the token. 🚀 XRP has skyrocketed to an astounding $2.49 market value for the first time since January 8, 2018. The 6-year (nearly 7-year) high comes as wallets with 1M-10M XRP have accumulated 679.1M tokens (currently worth $1.66B) in just 3…