Author: NBTC
Dexe Protocol, a decentralized trading and automation platform, has announced its strategic roadmap to take the platform to unparalleled heights. It is a groundbreaking move by the platform to transform decentralized governance. The DeXe DAO marks a remarkable milestone in the protocol’s journey by strategically planning and coordinating the growing path. By doing this, the DeXe DAO aims to empower transparency and community-driven control. DeXe Protocol has announced its strategic roadmap via its official X account. 🔥The Next Big Steps for DeXe Protocol Are Here!🔥💥DeXe DAO thoroughly discussed and refined the Strategic coordination of the following steps for DeXe Protocol,…
HAWK token plummets 91% after launch, erasing most of its initial $490M valuation. Insider wallets allegedly control 91% of HAWK’s supply, sparking manipulation concerns Influencer Haliey Welch denies free token distribution or market manipulation accusations. Hawk Tuah, a new memecoin created by viral influencer Haliey Welch, gained attention but quickly fell apart. Just hours after its launch, the token’s value dropped by 91%, leaving investors with huge losses. This sudden drop has raised questions about insider trading and market manipulation, putting Welch under scrutiny. Quick Rise & Sudden Fall of HAWK Token When Hawk Tuah (HAWK) made its debut on…
Schneider Electric has cautioned policymakers to carefully guide the electricity consumption by AI data centers and prevent it from spiraling out of hand. This comes as AI data centers’ energy consumption is reportedly continuing to increase due to surging demand for AI services, creating scope for AI companies to look for alternative sources of energy. Data centers may leave everyone else in total darkness Schneider Electric in their report proffered four potential scenarios and suggested some guiding principles to follow that might prevent AI data centers from “eating” the power grid and leaving the world in darkness. The study follows…
As Bitcoin has been experiencing a decline in recent days, investors are looking for answers to the questions of whether Bitcoin (BTC) will continue to fall, rise again, or exceed $100,000. At this point, many top analysts shared their analyses and predictions, while an analysis came from the investment company 21 Shares. 21 Shares crypto research strategist Matt Mena announced his year-end price target, stating that the correction in Bitcoin is short-term. Speaking to Business Insider, Matt Mena predicted that Bitcoin will reach $120,000 by the end of the year. The analyst also explained why Bitcoin fell after coming so…
Justin Drake, a leading researcher at the Ethereum Foundation, predicted that Solana’s period of rapid growth and influence, often referred to as its “golden age,” is coming to an end. According to Drake, Solana’s current competitive advantages in speed and throughput are not sustainable in the long term and will not pose a significant threat to Ethereum’s dominance in the blockchain ecosystem. Speaking about Solana’s strong development momentum, Drake acknowledged its successes but suggested that Ethereum’s long-term strategy will prevail. “Solana is at its peak right now, but I think this will be the end of Solana’s golden age,” Drake…
Bitcoin’s hashrate, which measures the total computational power of the network, has now surpassed 1,000 exahashes per second (or a zetahash per second) for the first time, according to data provided by CoinWarz. The milestone was achieved for the first time on Jan. 2 at around 23:00 UTC. Bitcoin’s hashrate has been growing exponentially over the past few years. A year ago, for comparison, it was at 173 EH/s. Over the past year, the hashrate has grown from 588 EH/s to a zetahash. Following the quadrennial Bitcoin halving that took place in April, there was a significant hashrate drawdown in…
Bitcoin’s price is teasing investors, as it is experiencing a pullback before reaching the $100K mark. Yet, as things stand, there’s a considerable probability that it will hit the milestone soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart Starting with technical analysis, the daily timeframe shows massive bullish momentum for BTC. Yet, the market has been correcting for the last few days after failing to reach the $100K level. The $90K mark is still intact and could prevent the market from dropping any further. This is especially true because the RSI is no longer showing an overbought signal.…
Ripple has announced a delay in the launch of its RLUSD stablecoin due to regulatory issues with the New York State Department of Financial Services (NYDFS). In a Dec. 4 statement on X (formerly Twitter), the platform stated: “Despite some speculation, $RLUSD isn’t launching today. We’re in lockstep with the NYDFS on final approval and will share updates as soon as possible.” Further, Ripple emphasized its commitment to regulatory compliance, reassuring RLUSD would only be launched after securing the necessary approvals from NYDFS. Fox Business journalist Eleanor Terret noted that her earlier report about the NYDFS’s nearing approval for RLUSD…
The Bitcoin market is likely to attract a significant $2.28 trillion in the next few years. Bitcoin price could soar to the $96,500 level in the coming days. If BTC fails to hold $92,000, it could decline to the $84,500 level. Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.28 Million In a recent report, the research firm noted that, as of now, only 0.01% of listed…
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is riding the wave of the bull market. Not only is SHIB seeing gains on its price chart with its quotes up 17% this month, it is also only five days into December, but it has already reached an all-time high for Shibarium. For those who do not know, there is a full-fledged layer-2 blockchain built for Shiba Inu by a team of independent developers, and it recently hit a milestone of $10.47 million in total locked value. Shibarium’s momentum has been building steadily, with a particular acceleration born on Nov. 4, when…