Author: NBTC
In a significant development, MetaMask users may now easily access XRP Ledger with a single click. In a new tweet, Peersyst, a Ripple partner developing the XRP Ledger EVM sidechain, announced the launch of XRP Ledger Snap for MetaMask. MetaMask Snaps are modular extensions that allow developers to expand the functionality of the MetaMask wallet. 📢 We are excited to announce the launch of the #XRPLedger Snap for @MetaMask! 🦊Today, 30 million monthly active users of #Metamask are now just one click away from having an account on the #XRP Ledger, creating a unique opportunity for the adoption and management…
According to CryptoQuant CEO Ki Young Ju, Bitcoin’s Google search volume has now hit another yearly low. As reported by U.Today, the leading cryptocurrency is now on track to record its longest cycle of sideways trading during a halving year. After hitting its current all-time high of roughly $74,000 in March, the leading cryptocurrency has so far failed to stage another significant rally. The Bitcoin halving event, which took place in April, managed to attract a great deal of search interest, surpassing the previous peak for this term that was recorded in May 2020. Since then, however, Bitcoin has not…
Discussions regarding Ethereum’s fundamental principles have recently been rekindled by Vitalik Buterin, who has emphasized the significance of verifiability and democratized participation in blockchain ecosystems. The cryptocurrency community is currently debating how to strike a balance between decentralization and useful functionality. One of the most popular blockchain systems Ethereum has long supported decentralization. But as the ecosystem expands, some compromises have generated controversy such as the use of centralized middlemen for tasks like API nodes or oracles. However, it is evident from Buterin’s response to these discussions that Ethereum would cease to be Ethereum if it were to completely embrace…
ApeChain, a new Ethereum layer-2 network, was launched by the ApeCoin DAO on Sunday at ApeFest Lisbon, leading to APE doubling in price. The anticipated mainnet launch of the Bored Ape Yacht Club-aligned network came with numerous apps and games, including a meme coin launchpad, a leverage trading simulator, and other games. Earlier this year, more than half of the ApeCoin DAO’s voting power went towards selecting Arbitrum technology to power the new scaling network—beating out other Ethereum scalers like Polygon and zkSync. This followed Bored Ape creator Yuga Labs publicly suggesting that the DAO should launch its own chain…
A whale with $181M in profits on Bitcoin just added 200 BTC, showing confidence despite recent price swings. Bitcoin faces key resistance at $63,285, but bullish MACD signals could push momentum upward in the near term. BlackRock shifts focus, selling 182 BTC and buying 7,574 ETH, signaling potential confidence in Ethereum’s future. The price of Bitcoin is still strong trading at $62,939, above its exponential moving average (EMA) of $62,203 for a 30-period period. A smart whale has profited from Bitcoin trades for over $181 million, and it recently added 200 more BTC to its portfolio. This move reflects growing…
Ethereum (ETH), the second largest cryptocurrency by market capitalization, recently saw a significant surge in activity, fueled by a remarkable increase in large transactions. According to Ali, a crypto analyst, Ethereum’s weekly transaction volume skyrocketed by over 300%, with an impressive daily large transaction volume of $17.15 billion recorded on Dec. 7. Ali noted that “Large Ethereum transactions are surging. The weekly transaction volume has skyrocketed by over 300%, hitting $17.15 billion.” Large #Ethereum transactions are surging! The weekly transaction volume has skyrocketed by over 300%, hitting $17.15 billion today. pic.twitter.com/3cBBG48RgR — Ali (@ali_charts) December 7, 2024 The surge in…
The meme coin community has been anticipating a Dogecoin (DOGE) rally for many months. While the coin has already secured gains, it is still far away from the previous highs. However, DOGE has been gaining momentum in the last few days. More metrics are now giving bullish signals, hinting toward an impending mega rally. According to data from CoinGlass, the trading volume of DOGE has skyrocketed 33.75% over the past day. Currently, at the massive $3.57 billion level, the rising trading activity is expected to give a boost to the Dogecoin price. This metric tells us about the current investor…
What if Bitcoin keeps on its current trajectory of near-exponential growth? To put this in perspective, consider the chart of the logarithm of Bitcoin’s price, and let’s forecast it forward. I’m calling this approach the exponential model because I am taking the natural logarithm of the Bitcoin price, and then applying the exponential operator to reverse out the predicted price. Logarithms are useful tools for linearizing exponential phenomena, and Bitcoin’s price is one example of such a phenomenon. A phenomenon with exponential growth will look roughly linear in logarithm space, so that chart looks like: The data runs for the…
The crypto market continues to show strength, with Bitcoin eyeing the $70,000 psychological level. Amidst the broader market optimism, well-informed investors are now eyeing crypto airdrops as a potentially lucrative avenue. For investors and crypto enthusiasts, these airdrops offer the chance to acquire new tokens and join the vibrant crypto communities. Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. This week, there are four significant airdrops to watch. SupraOracles: Countdown to Blast off SupraOracles is airdropping free SUPRA tokens after the Snapshot on October 21. The fundraiser raised $26.52 million, and participants included Coinbase…
“If you want to win, you need a Bitcoin strategy” — that’s how Michael Saylor, the CEO of MicroStrategy and one of the main players in the crypto market, titled his new post on X. Saylor is known for his extremely bullish views on the major cryptocurrency, which he doesn’t forget to confirm with almost daily Bitcoin-focused statements on social media, sometimes viral, sometimes unconventional, sometimes shocking and sometimes insightful, which have already become part of the crypto market lore. The most recent one, however, is more insightful, as Saylor plotted the performance of MSTR stock against other top-performing stocks…