Author: NBTC

At the time of this writing, Shiba Inu (SHIB) was trading at $0.00001691, corresponding to a 4.75% plunge within the past 24 hours. While this price action signals an incoming bearish twist, a few positive sentiments in the Shiba Inu ecosystem indicate a possible recovery. SHIB burn rate and Shibarium daily transactions on rise Data from Shiba Inu’s dedicated burn tracker, Shibburn, shows this metric increased by 114.36% in the last 24 hours. This led to the incineration of 9,071,593 SHIB. As a result of this burn rate, 410,731,258,074,742 is now destroyed from Shiba Inu’s initial supply. Similarly, Shibarium Scan…

Terminus has officially announced its partnership with PoP Planet (PoP). This collaboration aims to transform the Web3 landscape by merging decentralized user data with advanced payment solutions. This announcement was made public via Terminus official X account. 🌐 Partnership Alert! 🚀Terminus 🤝 @Hi_PoPPOfficialPoPP’s decentralized user data protocols join forces with Terminus’ Universal Payment System to drive the transformation of the Web3 ecosystem. This collaboration integrates PoPP’s social value data with Terminus’ seamless… https://t.co/9zx9R0qs3q — Terminus (@terminus_pos) November 27, 2024 PoP Social Data Protocols Drive Web3 Growth with Terminus PoP enters the mix with its new social value data protocols. These…

Earlier this week, the well-known entrepreneur and investor Vinny Lingham, originally from South Africa but now based in the U.S., sparked a conversation on X by sharing his thoughts about Microstrategy. This company holds an enormous amount of bitcoin on its balance sheet. Lingham suggested that Microstrategy could potentially cause harm to bitcoin, possibly even more than the damage done by FTX. The ‘Oracle’ Vinny Lingham Highlights Potential Dangers in Microstrategy’s Bitcoin Holdings Over the past year, Microstrategy has thrived, now boasting over 250,000 BTC in its reserves. Since Jan. 1, the company’s stock has soared by more than 179%,…

Former Coinbase CTO Balaji Srinivasan has proposed a bold new concept called “Zethereum,” which he believes could transform Ethereum by adding advanced privacy features. Sharing his ideas on X, Srinivasan detailed how a pseudonymous developer, whom he refers to as “Zatoshi,” could achieve this through smart contracts incorporating zero-knowledge (ZK) technology. While it resembles Bitcoin’s Satoshi, he explained how the network dynamics will be different. Balaji Srinivasan Reveals Bold Idea for Ethereum Revolution Srinivasan suggested that Zethereum would function as a “newly legal Tornado Cash,” referencing the recent court ruling that deemed the Ethereum-based privacy tool not unlawful. He described…

Despite widespread acknowledgment that MicroStrategy has issued a tremendous amount of debt to acquire most of its bitcoin, some star-struck novices believe that billionaire CEO Michael Saylor has no liquidation risk on this debt. Although the nuances of the term ‘liquidation’ are important, there are people who honestly believe that MicroStrategy cannot default on its debt no matter how low the price of bitcoin goes. That is not true. There is no free lunch on Wall Street. Lenders to MicroStrategy do have a risk of default. Specifically, they are loaning USD to MicroStrategy and expect USD or USD-equivalent repayment. Even…

Aptos is poised to secure its lead as the blockchain network with the highest year-over-year growth in DEX trading volume in 2024. This is despite a little over 8 weeks left to conclude the year. Aptos has achieved over 3420% growth in DEX trading volume within its ecosystem in the last 12 months. This placed it in poll position according to AlphaGrowth, based on data from Artemis and CryptoRank.xyz. Top 10 Blockchains by YoY DEX Trading Volume Growth.@Aptos +3.432%@solana +1.789%@GnosisDAO +486%@flow_blockchain +391%@Starknet +380%@Celo +370%@StellarOrg +316%@Fuse_network +269%@osmosiszone +223%@trondao +175% pic.twitter.com/J85s80E6Dv — AlphaGrowth (@alphagrowth1) October 24, 2024 Even more impressive was that…

Coinbase CEO Brian Armstrong recently expressed admiration for how the vision of the Internet of Money, championed by crypto and blockchain, is already taking shape. In a recent tweet, Armstrong highlighted that key technological innovations are converging to create an accessible, scalable, and user-friendly decentralized financial system. He pointed out four critical components, which he calls “Lego pieces,” that are helping to bring this vision to life. Lego Pieces Assembling for the Internet of Money Leading the pack, Armstrong pointed to Base, Coinbase’s Layer 2 blockchain solution. He noted that Base is a crucial piece in enabling blockchain networks to…

Bitcoin outperformed traditional assets during the 2020 monetary expansion and may outperform again with potential liquidity increases. Bitcoin’s ability to thrive during periods of monetary expansion has been highlighted by insights from Ecoinometrics, a provider of crypto-related data. As major economies face potential fiscal challenges, the spotlight returns to how Bitcoin responds when fiat currencies experience debasement. The most significant example of this phenomenon can be traced back to 2020 when the U.S. and global governments injected massive liquidity into their economies in response to the COVID-19 pandemic. Bitcoin performs best during periods of monetary expansion. It performs better than…

Ethereum has broken a major weekly resistance, now testing it as a potential support level, marking a bullish technical shift. A weekly close above the flipped resistance strengthens the possibility of a rally toward new all-time highs with minimal barriers ahead. Broader market dynamics and macroeconomic factors could introduce volatility, but ETH’s setup remains promising for traders. Ethereum (ETH) has made a significant move by breaking above a crucial weekly resistance level, a development that analysts say could pave the way for a new phase of upward momentum. This breakout, if confirmed with a strong weekly close, signals a shift…

Binance Labs, the venture capital and incubation arm of Binance, the world’s largest cryptocurrency exchange, has invested in Astherus. Binance Labs has announced an investment in Astherus, a multi-asset liquidity center dedicated to maximizing real returns on crypto assets. By leveraging the utility of digital assets, Astherus provides decentralized finance (DeFi) users with a variety of opportunities to generate sustainable profits and maximize returns. Astherus aims to address inefficiencies in DeFi by focusing on maximizing the real return on assets, delivering sustainable and tangible returns, while simultaneously increasing the utility and liquidity of digital assets within the ecosystem. “Astherus’ approach…