Author: NBTC
Nichome has launched its platform designed to incentivize user engagement within the Neo X ecosystem. To kick things off Nichome has opened Izakaya Season 1, giving users the first opportunity to earn GAS rewards and other future opportunities by interacting with Neo X projects. Nichome’s platform centers around its Treasure Chest mechanism, which allows users to stake GAS to receive chests containing potential rewards. To unlock a chest, users need to collect X Credits to obtain a KEY. X Credits can be earned by performing daily tasks, interacting with ecosystem projects, and bridging and staking NEO and GAS assets. Unlocking…
Bitcoin (BTC), which rose to the $100,000 mark last week, fell by more than 7% in the last 24 hours and fell to $91,500. While these declines have investors panicking, CryptoQuant CEO Ki Young Ju said that declines in Bitcoin are normal. CryptoQuant CEO X reminded that Bitcoin is still in a bull market in his post and said that Bitcoin could experience a 30% drop even during a parabolic uptrend. Citing 2021 as an example, Ju stated that such pullbacks occurred repeatedly during Bitcoin’s rise from $ 17,000 to $ 64,000 in 2021. Additionally, Ju stated that he does…
Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month of 2024. This boost wrapped up a wild year for the NFT market, which saw a sharp recovery in the last quarter. CryptoSlam data shows that NFT sales for 2024 finished at $8.83 billion, surpassing 2023 by over $100 million. While the 1.1% growth might not seem huge, it highlights the market’s ability to bounce back after months of falling…
Donald Trump announced in a post via X that he plans to renew the Trump Tax Cuts, which were the largest in history, and eliminate the tax on tips. Trump also said he would unleash American energy, which will be made up of tariffs from countries that have taken advantage of the U.S. for years. The president-elect urged the Republicans to unite and quickly deliver the aforesaid victories for the American people. He also implored the Members of Congress to send the Bill to his desk for his signature as soon as possible. Trump seeks to renew Trump Tax Cuts…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Coinbase is making a lot of money from Solana traders these days, but the influx of demand is also causing some headaches for America’s largest crypto exchange. Coinbase is receiving more Solana send and receive requests “than ever before,” according to an employee, and so-called dusting attacks have become commonplace, causing Coinbase to take longer than usual to show SOL transactions on users’ accounts. This gets at an interesting problem Solana faces: While the blockchain processes data very quickly, the venues that need to make use of…
Mint protocol has announced a strategic alliance with OKX, a crypto wallet that allows users to purchase, transact, and control their digital assets. This collaboration focuses on expanding the applications and accessibility of blockchain technology and digital assets for millions of users worldwide. OKX Wallet @wallet now officially supports Mint Blockchain 🍀🤝.This integration unlocks seamless access to the Mint ecosystem and its innovative projects #OnMint. You could now join NFT Legends Season in the OKX wallet by searching https://t.co/9yd2wzByoHMore collab info… pic.twitter.com/vPnljgZiXm — Mint🍀 (@Mint_Blockchain) January 3, 2025 OKX is a decentralized wallet that supports multiple protocols’ functionalities. This makes…
The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin’s price upward momentum. Bitcoin Price Correction To $89,000 Possible On November 26, TradingView crypto analyst Pejman Zwin shared a detailed chart representing a technical analysis of Bitcoin‘s price movements in a 1-hour time frame. The Bitcoin price chart highlighted vital resistance lines, support zones, and technical indicators suggesting an impending crash. At the top of the price chart is a yellow zone…
NFT super app Pixelport has unveiled its incentivized testnet, inviting developers, creators, and early adopters to explore its innovative features. By leveraging Analog’s Generic Message Passing (GMP) protocol, Pixelport delivers a seamless solution for creating, managing, and trading NFTs across multiple blockchains.—Pixelport is set to redefine the NFT landscape with a platform that simplifies cross-chain minting, fractionalization, and transfers. The integration of Analog GMP ensures users can interact with NFTs across any blockchain in a liquid, secure, and cost-efficient manner. Central to Pixelport’s offering is its turnkey SDK and API, which provide developers with powerful tools to enhance NFT functionality.…
Donald Trump’s upcoming inauguration could spark another Bitcoin bullish rally. However, concerns over federal rates and the Federal Open Market Committee’s (FOMC) influence might dampen investor optimism or potentially lead BTC prices to slump. The next FOMC meeting is on Jan 29, and the probability that the new federal rates will fall between 425 and 450 base points is still on the higher end at 88.8%. Meanwhile, the likelihood of rates staying within the 400–425 base point range is 11.2%. Fed rates may stay between 4.25 and 4.5 for much longer 10x Research’s founder, Markus Thielen, projected a strong start…
Within an hour, Solana (SOL) surged over 3.5% after Grayscale Investment officially filed for a Solana exchange-traded fund (ETF) with the New York Stock Exchange (NYSE), according to a filing made on Tuesday. At the time of publication, Solana is trading at around $236.42 with an impressive market cap of $112.34B. Solana ETF Could Take It To $400 Rally The move comes just weeks after the NYSE received SEC approval for options trading on Bitcoin ETFs. Cryptocurrency-based ETFs have become a major trend in 2014 following the SEC’s approval of 11 spot Bitcoin ETFs earlier this year. Despite a recent…