Author: NBTC
The Shiba Inu (SHIB) ecosystem is experiencing an increased Fear, Uncertainty and Doubt (FUD) rate. Per an earlier U.Today report, Lucie, the official SHIB marketing lead, acknowledged that FUD has soared to an all-time high. Although she dismissed the FUDders as just speaking negatively to seek attention, the issue appears to linger. Lucie’s aggressive strategy to tackle FUD In a recent X post, Lucie said she has adopted an aggressive strategy to address FUD in the Shiba Inu community. She said these social media accounts generally post negative and misleading information. She emphasized that such accounts were created to seed…
A cryptocurrency trader has raised alarm regarding Bitcoin’s (BTC) recent price fluctuations, suggesting that these sharp movements may be driven by market manipulation rather than genuine market fundamentals. Over the past two weeks, Bitcoin has experienced significant volatility, moving within the $65,000 to $52,000 range. These sharp fluctuations, both upward and downward, have raised questions about the underlying forces driving the market. RLinda, a well-known trader and analyst, highlighted Bitcoin’s struggle to break past key resistance levels, signaling a potential correction toward the $52,000 mark as downward pressure builds. Bitcoin’s bearish market structure According to the analysis, Bitcoin is currently…
GXChain Global has announced a strategic partnership with XRADERS. GXChain disclosed the matter today December 6 on the X platform where it talked about further engagements. GXChain is a crypto network designed to revolutionize Blockchain with lightweight, EVM-compatible, higher performance. On the other hand, XRADERS is a DeFi management platform leveraging AI to optimize Web3 products, including DeFi and GameFi for users. The collaboration seeks to integrate DeFi into GXChain’s blockchain and marks an important step in XRADERS’ mission to reshape global Web3 user experiences. 🎯 @GXChainGlobal announces its partnership with @Xraders_xyz to transform the crypto space.⚡ #REI Network offers…
A holder of Maker (MKR) tokens sold at a loss and moved into some of the hottest meme tokens. Instead of moving the assets to Sky, the whale chose SPX6900 (SPX) and MOG. A former token millionaire in Maker (MKR) is switching to meme tokens. The known wallet shed all MKR tokens, instead of swapping them for the new SKY asset after Maker’s rebranding. The known wallet singles out the whale as a selective token millionaire, based on Nansen’s data. The wallet was funded with ETH from Binance, then acquired SPX and MOG through Uniswap V2 and Orca. The wallet…
A closely followed crypto strategist and trader believes that steep rallies are now in sight for Bitcoin (BTC). Pseudonymous analyst Inmortal tells his 216,500 followers on the social media platform X that Bitcoin appears to be mirroring its 2023 price action. Back then, Bitcoin consolidated below $30,000 before igniting a parabolic surge to new all-time highs. Says Inmortal, “365 days ago today, we were about to go parabolic. October 2023-2024 are a copy. BTC.” Source: Inmortal/X Zooming out, the analyst says Bitcoin appears to be in the final stages of consolidation following this year’s halving event when BTC miner rewards…
PLEXUS, a top DeFi platform, has announced a thrilling collaboration with Owlto Finance. The partnership between PLEXUS and Owlto unveils a cutting-edge bridge integration to advance token swaps across chains. The platform disclosed this collaboration on social media. 🚀 PLEXUS x @Owlto_Finance Bridge Integration!Swap tokens across all chains with one click and move assets at the lowest cost possible. 🌐✨✅ Faster & safer cross-chain transfers✅ Expanded network support✅ Unbeatable cost savingsStart swapping now on PLEXUS! 🌟… pic.twitter.com/bvaUwsQDZl — PLEXUS | We’re Hiring! (@plexus_fi) December 7, 2024 PLEXUS Partners with Owlto Finance to Deliver Unparalleled Cross-Chain Swaps PLEXUS mentioned in its…
Scroll (SCR), the decentralized scaling solution for Ethereum, is excited to announce its first Airdrop, recognizing the significant contributions that have driven its growth. As Scroll expands globally, this initial airdrop will distribute 7% of the total SCR token supply to contributors across various categories. The wait is finally over. Today, we’re excited to introduce Scroll’s First Airdrop 🪂 This airdrop is a celebration of the collective efforts and contributions that have driven Scroll’s success so far. Read the full announcement to dive into the details! 🔗:… pic.twitter.com/xGD6x8zWDD — Scroll (@Scroll_ZKP) October 21, 2024 With a presence in over 30…
Satoshi Nakamoto’s true identity remains a puzzle that intrigues many. David Schwartz opposed the idea that people must follow Satoshi’s vision. The show encourages fresh discussions about Bitcoin’s origins and its impact. The persona of the coin’s creator, Satoshi Nakamoto, has sparked renewed conversations in the cryptocurrency community. The recent HBO documentary “Money Electric: The Bitcoin Mystery” suggests Canadian developer Peter Todd might be Satoshi. This speculation has led to significant reactions, especially from Ripple’s Chief Technology Officer, David Schwartz. He called current assumptions about Nakamoto’s intentions “delusional nonsense” and reignited discussions on Nakamoto’s impact on Bitcoin. Schwartz Questions Allegiance…
A new Chainlink (LINK) initiative aims to standardize the process of collecting and distributing information about key actions taken by corporations such as mergers, dividends and stock splits – vital data that is currently fragmented across countries. Key participants included Euroclear (a major clearing and settlement firm in traditional finance), Swift (the messaging platform that connects banks around the world) and Franklin Templeton (the asset manager), while crypto projects Avalanche (AVAX), ZKsync (ZK) and Hyperledger Besu also contribute. The process can “dramatically reduce the manual processes required, enabling significant potential operational efficiency and cost reduction,” Wellington Management’s digital asset and…
According to the latest data from Coinglass, Bitcoin’s price action could trigger significant liquidation events on mainstream centralized exchanges (CEXs). If Bitcoin’s value drops below $61,000, the cumulative liquidation intensity of long orders could reach a staggering $653 million. On the other hand, if Bitcoin breaks the $64,000 threshold, short orders could face an even larger liquidation concentration of $848 million. Chart showing total liquidation data for Bitcoin across exchanges. The liquidation chart provided by Coinglass highlights the relative importance of these clusters, but does not specify the exact number or value of contracts that will be liquidated. Instead, the…