Author: NBTC
U.S.-based crypto exchange Coinbase users faced technical issues causing delays in their Solana transactions. However, according to the recent update from Coinbase, the issue has been resolved. As per the official message posted on Coinbase’s page, some users experienced delayed sends for Solana (SOL). The notification highlighted that the delay happened on March 17, 2024, at 12:09 PDT. Coinbase assured that the customers’ funds were safe despite the transaction delays. They added, “Buys, Sells, and Fiat withdrawals/deposits are not affected” by the issue. Coinbase marked the incident as “resolved” after approximately five hours. The same issue was reported three days…
Data on whale wallets shows that these investors have been consistently selling Bitcoin (BTC) since the start of March, according to the latest “Bitfinex Alpha” report. Bitfinex’s analysts explained that these movements often lead to a phase of volatility, and short-term decline to form a local dip, and realized prices indicate that Bitcoin is unlikely to drop below $56,000 in the current market cycle. The report explains that whale wallet outflows typically signal the onset of a healthy Bitcoin price correction, while spent output profit ratio (SOPR) values significantly above 1 suggest aggressive profit-taking. Long-term holder SOPR values have stayed…
Decentralized finance (DeFi) is rapidly growing in the ASEAN region, with Vietnam setting the pace while Thailand recorded the fastest growth, according to a new report. However, it’s dominated by professional investors, with retail participation hindered by complexity and a lack of regulation. The report was compiled by the Organisation for Economic Co-operation and Development (OECD), a forum for developed economies that pushes for economic progress and global trade. The Association of Southeast Asian Nations (ASEAN) comprises ten countries: Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. ASEAN has been working toward financial inclusion, but according to the OECD, more than…
Some investors have held onto their Shiba Inu tokens, awaiting a price appreciation that could help skyrocket the worth of their bags, with the $0.0003 and $0.003 targets in view. Shiba Inu has not escaped the recent market-wide onslaught, but its resilience has kept it above the $0.000025 price level as it awaits a market recovery. Amid the downtrend, investors have continued to hold onto their tokens, equally anticipating a rebound. On-chain data from CryptoQuant confirms this trend, with the Shiba Inu Exchange Reserve metric suggesting that investors have continued to withdraw their SHIB tokens from exchanges since Feb. 29.…
In a confusing press release that described a letter-of-intent, a penny stock called Nilam Resources announced that, along with Mauritius-based company Xyberdata, it would be acquiring a yet-to-be-established special purpose entity called MindWave so it can get its hands on 24,800 bitcoins. However, the letter doesn’t detail how it will obtain the billions of dollars worth of the cryptocurrency. The confusion around the acquisition is compounded by the current financial status of each firm, with Nilam Resource’s corporate snapshot projecting it will have only $2 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). Xyberdata’s unaudited financial statements reveal…
SOL and BOME received the most crowd attention over the weekend, according to data tracked by Santiment. Both cryptocurrencies have outperformed ETH, BTC and the broader market in the past seven days. Increased crowd chatter may be a sign of an impending retail investor frenzy. Solana’s SOL and The Book of Meme (BOME), the meme coin built on Solana, were the top two trending tokens on crypto social media over the weekend, data tracked by Santiment shows. “$BOME and $SOL are the top two trending assets across X [formerly Twitter], Reddit, Telegram, and 4Chan due to their outperforming the markets…
The blockchain truly is a marvelous piece of technology. A mechanism to timestamp the order of digital information without needing to depend on a centralized operator. A decentralized mechanism with no one in charge, that provides undeniably cryptographic guarantees around what data was added to the temporal record in what order. This property is the entire reason Bitcoin is useful as a form of digital money, without it there would be no way for the system to function at all without a centralized authority. All of these guarantees are provided by three simple technical building blocks: private/public key cryptography, merkle…
VeChain showcases sustainability through partnerships like My StoryTM with DNV. Novak’s Phygital bridges physical and digital realms for enhanced engagement. VeChain tackles water pollution with the ReSea Project, promoting sustainability. VeChain and its community spotlight sustainability efforts, showcasing real-world impact through innovative partnerships. From digital product passports to waterway cleanup projects, VeChain’s diverse use cases exemplify its commitment to sustainability. Every blockchain use case is a testament to innovation, solving real-world problems across industries. From digital product passports to cleaning waterways, uncover the transformative stories and applications of #VeChain. Learn more: https://t.co/zlWQOoIECn pic.twitter.com/3QLLhdBcW7 — vechain (@vechainofficial) March 17, 2024 One…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the Argentine economy is racked by record inflation, its people are turning to Bitcoin as a way to protect their economic security. The Argentine Republic is currently experiencing the worst inflation rates in the world. The nation’s economy has experienced low levels of inflation, somewhere around 25%, for decades; yet the pandemic sharpened a downward trend to devastating effect. The…
Artificial Intelligence digital coins showcase increasing strength, with ongoing developments in the AI industry catalyzing notable price actions. Proponents believe the upcoming Nvidia conference will propel AI tokens this week. LOOK: #NVIDIA will launch a GPU Technology Conference on March 18-21 🔥This event will focused on AI, and will probably include various announcements 👀Keep an eye on AI Cryptos!$FET $RNDR $WLD $GRT $AGIX $TAO $OCEAN $TAO $AITECH $NMR $AKT $ARKM $THETA pic.twitter.com/r9m0Wix6gm — CryptoBusy (@CryptoBusy) March 10, 2024 Coinmarketcap data shows the market cap of AI cryptos increased by 15% within the past day, with associated digital coins recording substantial…