Author: NBTC
November 2024 is shaping up to be a prime month for Telegram airdrops. Six projects, among others, offer exciting early entry opportunities without any initial investment. As will be highlighted below, each of the mentioned airdrops allows participants to earn tokens by engaging in project-specific gameplay and missions. The following Telegram airdrops deliver both user engagement and potential financial reward if tokens become tradable on top exchanges like Binance and OKX. MAJOR This gaming platform invites users to complete tasks to earn tokens in early November. With listings planned for Binance and Bybit, early participants stand to gain as the…
Could a shake-up at the SEC be just what crypto needs? There’s buzz about Paul Atkins stepping in after Gary Gensler steps down. If true, it might be great news for blockchain and digital assets. Let’s dig into why Atkins is getting so much attention—and what he could change for the better. What Makes Paul Atkins Different? First, you’ve got to know Atkins isn’t new to the SEC. He served as a commissioner from 2002 to 2008, under three different chairmen—talk about experience! Unlike Gensler, whose policies left crypto firms scratching their heads, Atkins seems to get it. He’s all…
On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day. Crypto Market Rallies, $113M Wiped in Liquidations as Bitcoin Soars Past $68K At 2:45 p.m. Eastern Time on Oct. 18, 2024, bitcoin (BTC) hit an intraday high of $68,998 per coin. Earlier in the day, BTC pushed past the $68,000 mark after establishing a solid support level near…
Despite widespread social media claims that Ethereum (ETH) is stagnating, market data paints a very different picture. Rising Metrics Refute the “ETH Is Dead” Narrative The increasing activity in Ethereum derivatives, decentralized applications, and stablecoins demonstrates investors’ interest in blockchain and its growing utility. According to CoinGlass, cumulative open interest in ETH across perpetual and standard futures contracts reached an all-time high of 6.32 million ETH ($27 billion), a 17% increase month-to-date. This increase is in line with Bitcoin’s recent gains, with a 35% price increase taking ETH to $3,400. Three-month ETH futures premiums have also climbed, reaching 16% YoY…
Stablecoin USDe issuer Ethena Labs has come to the fore with allegations of unfair staking. At this point, Ethereum-based synthetic dollar protocol Ethena Labs allegedly participated in one of the recent staking events using 180 million Ethena (ENA) tokens. Cryptocurrency researcher Nomad claimed in his post that the Ethena team participated in the Season 3 farming event with 180 million ENA tokens and owned 25% of the total staked ENA (SENA). Nomad stated that the Ethena Labs team violated ethical values, and warned participants that this move would significantly reduce the rewards of legitimate participants, especially those participating in staking.…
zkLink has announced a new partnership with Delysium, a blockchain platform focused on AI. This collaboration aims to explore the intersection of AI and blockchain, with the goal of creating innovative use cases for users. This news was shared through X account of zkLink. In integrating zkLink cross-chain solution, Delysium AI ecosystem is opening new frontiers to Web3 developments. Forging the Future Together 🚀1/ 🎉 Big news from the zkLink team! We’re thrilled to announce our partnership with @The_Delysium.Together, we’re exploring the exciting intersection of AI and blockchain to create powerful new use cases for users. 🧵👇 pic.twitter.com/thuodWsIjF — zkLink…
Bitcoin has been steadily climbing since crossing the $60,000 mark and is currently hovering closer to the $70,000 level, a price it hasn’t reached in months. With the market sentiment heating up, investors are wondering whether Bitcoin has the strength to reach new all-time highs or if it will struggle to break past key resistance levels. A Healthy Sentiment The Fear and Greed Index is a useful tool for understanding market sentiment and how traders view the trajectory of Bitcoin. Currently, the index is at a “Greed” level of around 70, which is historically seen as a positive sign but…
Ether (ETH), the native token of the Ethereum blockchain, has shown substantial gains recently after trailing market leader Bitcoin (BTC) for most of the current market cycle. However, ETH is now nearing a crucial resistance level of $3,500, and data suggests the bulls may struggle to break through. According to a post on blockchain analysis platform CryptoQuant’s Quicktake by Amr Taha, the number of ETH tokens moving to derivatives exchanges is rising rapidly. This significant inflow often indicates that traders are opening short positions, which could hinder Ether’s upward momentum. Data from Coinglass’s ETH Exchange Liquidation Map shows that $1.93…
In a rather surprising development, a transaction on the XRP Ledger has led to the burning of 10,000 tokens, sparking speculation within the crypto community. The incident was reported by XRP Explorer XRPscan, which tweeted a “moment of silence” for a transaction in which 10,000 drop tokens were burned at once. XRPscan likewise shared a screenshot of the transaction details. The tweet left many wondering whether this burn was a mistake or a deliberate action. A moment of silence for https://t.co/jyprxCMJcU @DropCoinXRPL pic.twitter.com/DmbzrDyzNs — XRPScan (@xrpscan) October 28, 2024 Thomas Silkjaer, Head of Analytics and Compliance at InFTF, weighed in…
The UK’s Economic Secretary to the Treasury has said the Digital Securities Sandbox is set to help facilitate the adoption of distributed ledger technology across capital markets. Examining Benefits of DLT in Debt Issuance Process Tulip Siddiq, the United Kingdom’s Economic Secretary to the Treasury, said the recently opened Digital Securities Sandbox (DSS) will help the financial services sector adopt distributed ledger technology (DLT) across the country’s capital markets. Siddiq said that by making minor amendments to legislation and regulatory rules, the sandbox will enable participating firms to create novel platforms for creating, trading, and settling securities. In her keynote…