Author: NBTC
The addresses holding Cardano (ADA) have stagnated around 4.45 million wallets for over a year despite the network set for its biggest technical advancement. Analytic platform IntoTheBlock confirmed this data in a recent update. The report highlighted that the Cardano ecosystem has seen a flattened progression in wallets holding ADA tokens since 2023. The trajectory of Addresses Holding Cardano Notably, Cardano saw a consistent uptrend in ADA holders in the last bull cycle. This was due to Cardano being promoted as an alternative to the largest smart contract network, Ethereum. Accordingly, ADA-holding wallets quickly expanded from below the 1 million…
All five commissioners of the Securities and Exchange Commission appeared on Capitol Hill Tuesday. While politicians had questions for each and every commissioner, it was clear that some lawmakers were eager to face off directly with SEC Chair Gary Gensler. Congressman Tom Emmer, R-MN., used his questioning to ask Gensler about the DEBT Box case. ICYMI, the SEC was sanctioned in the Utah-based case. The judge overseeing the case said that the sanctions were due to “bad faith conduct” and a “gross abuse of power.” Read more: DEBT Box loss shows SEC ‘overreach and failure,’ Hill says Emmer, on Tuesday,…
Hinkal announces the launch of Shared Privacy, an addition to its range of privacy products that seeks to solve the problems faced by the current world’s privacy features based on blockchain technology. This innovation also enhances the privacy features of Ethereum compared to other blockchains and does away with the fragmentation of anonymity sets enabling private transactions on a large scale. Shared Privacy will transform users’ privacy in DeFi by helping to enhance their privacy across networks. The launch of Shared Privacy by Hinkal allows Ethereum’s privacy capabilities to extend beyond its network, making it compatible with multiple blockchains. This…
The Dark Mythos NFT collection is officially migrating to the IOTA EVM, with the full guidelines on the migration set to drop on September 30. Fantasy author Marco Dulk crafted the storylines for the collection, which will be airdropped directly into the IOTA EVM starting October 7th. The Dark Mythos NFT collection has announced that its migration to the IOTA EVM is scheduled for next month, marking a new era for the dark fantasy auto-battler platform. Dark Mythos is the first feeless playable and tradeable crypto trading card game (TCG) designed on Shimmer, the IOTA staging network. It launched its…
Su Zhu, co-founder of the now-defunct Three Arrows Capital (3AC), is drawing attention for his strategic approach to cryptocurrency trading. His most recent trading included both long and short positions across tokens, including Ethereum (ETH), POPCAT, TAO, and SUI, demonstrating a mix of bullish and bearish views. sold 50% of tao, sui, popcat for more eth https://t.co/HrLEkUmzIO pic.twitter.com/QAH45Jod75 — 朱溯 🐂 (@zhusu) September 25, 2024 Recent trades show Zhū taking a long position on Ethereum at an average price of $2,624.1, suggesting optimism on its price. However, he shorted POPCAT, TAO, and SUI at average prices of $1.0098, $566.52, and…
Circle Ventures, the venture capital arm of stablecoin issuer Circle, is reaping the rewards of its investments in major digital asset projects. As per sources, the Circle Ventures Portfolio’s market capitalization currently stands at a remarkable $13.3 billion, a 9% increase in the past 24 hours. Data reveals that the portfolio includes prominent cryptocurrencies such as Near Protocol (NEAR), Aptos (APT), Sui (SUI), KuCoin (KCS), Sei (SEI), Mina Protocol (MINA), LayerZero (ZRO), Centrifuge (CFG), Maple (MPL), Big Time (BIGTIME), and Maverick Protocol (MAV). The 24-hour trading volume for these tokens reached $1.6 billion, with SUI, APT, SEI, and MAV leading…
Atua AI has disclosed its intention to work with Orbler, a Web3 marketing platform. The cooperation aims to improve community involvement and creativity within the Web3 space. This collaboration is focused on changing inactive Web3 users into active ones who can help grow decentralized communities worldwide. Atua AI shared this update with the community through a social media X post. Excited to partner with @atuaai! 🚀 Their AI tools enable creation in over 53 languages. Together, we’re driving secure and scalable innovation in Web3. #Orbler #AI #Web3 pic.twitter.com/lzb9b3C1XE — Orbler (@Orbler1) September 24, 2024 Innovative Approach to Web3 Community Building…
Bitcoin price could be trading at double its current value in the next three to five months, according to Plan B, crypto analyst and creator of the stock-to-flow (S2F) model. Plan B’s Bitcoin (BTC) price projection comes as the digital asset breaks the $70,000 price level. According to the analyst, one metric stands out and is what suggests BTC could be hovering around $140,000 by November. Plan B on Bitcoin price in 2024 On July 29, commenting on the price of bitcoin after the surge observed over the weekend, Plan B wrote on X that Bitcoin’s miner revenue had bottomed…
Token unlocks are changing the DeFi space by releasing tokens into circulation, often causing significant price changes. With over $568 million worth of assets ready to unlock before October 6, the market could become more volatile. The impact of these unlocks depends on current market conditions and investor sentiment, making this a key period for traders and long-term investors as DeFi projects adapt to their new circulating supplies. A recent report from Token Unlocks highlighted the different ways token unlocks affect token prices. PENDLE saw a 4.2% unlock of its total supply but managed a 234% price surge, showing strong…
Justin Sun’s SunPump introduced a launchpad for digital collectibles in collaboration with non-fungible token marketplace APENFT. The new platform expands the range of offerings for the viral token launchpad and follows up on commitments the Tron executive made recently. SunPump Teams Up For NFT Launchpad Justin Sun announced the launchpad in a post on X (formerly Twitter). He cited the first-ever fair launch platform for NFT collections on the TRON network. Dubbed NFT Pump, the platform is live and available for users, including NFT enthusiasts, amateurs, and professionals alike. “For the first time in the world, NFT + MemePump has…