Author: NBTC
Ripple’s XRP has gained attention due to increased whale activity recently. More than 35,000 wallets made transfers, indicating growing investor interest. Ripple’s ethical fight may shape the future of XRP in the trade. Ripple’s XRP has seen a big rise in whale activity. This indicates growing investor interest as it faces legal challenges from the U.S. Securities and Exchange Commission . Currently, XRP trades around $0.547 and shows a recovery of about 2% over the past week. The increase in whale activity includes over 35,700 unique wallets making transfers in a single day. This surge suggests that investors are strategically…
BTC’s “three-line break chart” suggests a bullish resolution of the seven-month-long corrective trend and scope for a move to record highs. Candlesticks indicate stiff resistance at around $70,000. Traders fixated on bitcoin’s (BTC) daily candlesticks chart may be bored, as despite Monday’s rally, prices remain locked in a seven-month-long descending channel. However, a lesser-tracked “three-line break chart” now suggests a bullish outlook favoring a move to record highs. The leading cryptocurrency by market value rose over 5% to $66,000, registering its biggest single-day gain since Aug. 23, according to CoinDesk Indices data. Still, the daily candlesticks chart suggests a neutral…
Gala has taken significant strides by announcing its new decentralized network, GalaChain, which aims to enhance token value amidst the competitive altcoin landscape. The development comes as various cryptocurrencies are establishing their networks to facilitate reduced transaction fees and strengthen community engagement. GalaChain’s launch signifies a pivotal move for the platform. Contents hide 1 What is GalaChain’s Purpose? 2 How Will GalaChain Improve Security? What is GalaChain’s Purpose? GalaChain, in partnership with LF Decentralized Trust, has introduced a whitepaper detailing its decentralization plans. The network focuses on improving security, scalability, and flexibility, setting forth a structured roadmap that unfolds in…
Axie Infinity’s Adoption Center simplifies onboarding for new players, providing delegated Axies and mission-based rewards. Players can complete missions to earn points and permanently adopt Axies, enhancing their connection to the Lunacia ecosystem. Axie Infinity has launched the Axie Adoption Center, an initiative aimed at making onboarding easier for new players. This new function seeks to remove obstacles for people wanting to join but unclear of where to start as the platform keeps extending its digital nation. By streamlining the procedure, users of the Axie Adoption Center can link their Ronin Wallet, answer a few questions, and receive assigned Axies…
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for a pro-crypto U.S. presidential candidate and a delay in Mt. Gox repayments have strengthened market sentiment. Bitcoin Surges Amid China’s Stimulus and US Presidential Speculation Bitcoin surged to its highest level in two weeks following mixed reactions to China’s latest stimulus efforts, fueling speculation that…
Prominent Ethereum NFT collection Pudgy Penguins has seen a more than 40% price pump this week, notching a new all-time high of more than $62,000 amid a crypto rally that pushed Bitcoin above $100,000 for the first time late Wednesday. The collection, which consists of 8,888 penguin NFT profile pictures (PFPs), previously held an all-time high floor price of just more than $57,000 that it set in February 2024, according to data from NFT Price Floor. The floor price of a collection refers to the lowest asset price listed for sale on a secondary marketplace. The swift flight higher for…
In today’s world of decentralized finance (DeFi) and crypto trading, few traders can claim the same success rate and accuracy as DfMxre4cKmvogbLrPigxmibVTTQDuzjdXojWzjCXXhzj. This professional trader who likes to trade in MEMEcoin has recently been on the news, and in the last 30 days, the trader’s ROI has been at 70.36% and has earned $815,499. Having crossed the 2,000 tokens traded and boasting an incredible win rate of 81.34%, DfMx…Xhzj is now a prominent player in the Solana blockchain ecosystem. This guy is a professional #MEMEcoin trader!He has made $815K by trading #MEMEcoins in the past 30 days!He traded over 2,000…
Pixels, the crypto farming and social game on Ethereum gaming network Ronin, is gearing up to kick off its latest Guild Wars competitive season, called Spore Sports, with $4 million worth of PIXEL tokens up for grabs. The three-month event, running from December 10, 2024 to March 4, 2025, will challenge players to join guilds and compete in gameplay centered around mushroom cultivation and strategic sabotage. “This season builds on the success of our inaugural Guild Wars, which resulted in more PIXEL being burned than distributed, and incorporates feedback to deliver an even more rewarding experience,” said Pixels founder and…
Bitcoin miners don’t solve complex math problems – they guess numbers. While “solving mathematical puzzles” has become a common description of bitcoin mining, the process more closely resembles a massive digital lottery where miners race to generate random numbers until they find one that fits specific criteria. Importantly, there’s no way to calculate the correct number directly – miners can only try different numbers until they find one that works, as reverse calculation is impossible by design. The key difference lies in computation versus calculation. A math problem like calculus requires step-by-step problem solving. Mining is like trying to flip…
Sky’s rebrand faces backlash; community prefers MakerDAO’s established identity. Founder Rune Christensen’s transactions raise concerns about Sky’s direction. Sky, formerly known as MakerDAO, is currently navigating significant changes and community feedback following its rebrand. Founded by Rune Christensen, Sky is grappling with user concerns regarding its new identity and governance structure. The protocol, previously famous for creating the decentralized stablecoin Dai, has introduced a new stablecoin, USDS, which has already surpassed a supply of 1 billion just two weeks after launch. This growth has brought an influx of $700 million into both USDS and Dai. Sky’s USDS has seen strong…