Author: NBTC

Smart altcoin trader boby1337.eth has made headlines by accumulating 8.16 million $EIGEN tokens, valued at $22 million. This acquisition occurred over the past three days. Interestingly, this investment comes despite a 15% drop in the price of $EIGEN, according to on-chain analytics provider Spot On Chain. Smart trader boby1337.eth accumulated 8.16M $EIGEN ($22M) over the past three days, despite a 15% drop in EIGEN’s price.He acquired these tokens through 4 transactions from Binance and staked them all to EigenLayer. The latest withdrawal occurred just 2 hours ago.Follow… pic.twitter.com/p2xICTSDr8 — Spot On Chain (@spotonchain) October 28, 2024 boby1337.eth Stakes $EIGEN Tokens…

Telegram game and engagement platform Major will launch its token and begin airdropping MAJOR to players Thursday while Americans are celebrating Thanksgiving, and now on-chain claims are open for eligible players. Players who met the criteria to be eligible for the MAJOR token, which will launch on The Open Network (TON), can now connect a TON wallet ahead of the token generation event at 12pm UTC on Thursday. Major previously let players select a centralized exchange to claim to, including OKX and Bitget, as well as selecting to have the airdrop go directly to the Wallet app on Telegram. Today’s…

Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November’s Bitcoin rally. Northern Data’s Chief Financial Officer, Elliot Jordan, noted that the company has hired bankers, invited bidders to come forward, and is now fielding proposals. “It’s ongoing is probably the best way to describe it — advanced in terms of offers coming in from a number of different parties,” Jordan stated during a presentation at the Deutsches Eigenkapitalforum on Wednesday. Northern Data To…

If Bitcoin surpasses $69,000, the cumulative short order liquidation intensity on mainstream centralized exchanges (CEX) could reach $101 million, according to Coinglass data. However, if Bitcoin falls below $68,000, the cumulative long order liquidation density on these exchanges could rise to $293 million. It is important to note that the liquidation table does not give the exact number or value of contracts to be liquidated. Instead, it shows the relative importance of each liquidation cluster compared to neighboring clusters and highlights the intensity of each potential price move. A higher liquidation bar indicates that the market is likely to react…

MicroStrategy’s (MSTR) bitcoin (BTC) treasury model is unparalleled and the company is expected to attract billions of dollars of investment into the world’s largest cryptocurrency, broker Bernstein said in a research report Monday. Bernstein raised its MicroStrategy price target to $600 from $290 while maintaining its outperform rating on the stock. Rival broker Canaccord raised its price target to $510 from $300 and reiterated its buy rating. The shares were trading over 6% higher at around $448 in early trading. Bernstein said it expects MicroStrategy to own 4% of the world’s bitcoin supply by 2033. It currently has 1.7%. The…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The decentralized AI training network Grass went live with its airdrop this morning, and the GRASS token distribution brought Solana wallets to heel. Grass’ creators claim to be carrying out one of the most widely-distributed airdrops in history, and the token has been heavily farmed because participating required no financial stake from users. The popular Solana wallet Phantom saw its backend go down six minutes after the GRASS airdrop went live, and Backpack CEO alluded to difficulty with the wallet stemming from the claim. Solflare CEO Vidor…

While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), or roughly $3.61 per transaction. Bitcoin’s $68K Price Push Sparks Fee Increases The latest spike in onchain fees correlates with bitcoin’s rise past $68K. For instance, on Oct. 6, the average transfer fee, according to bitinfocharts.com data, was just $0.81. Fast forward to now, and that fee has jumped over 354%,…

Art Blocks, the popular platform and collective for on-chain artwork, announced on Wednesday that it has achieved a longstanding goal: ensuring that the vast majority of its projects can now be accessed and viewed solely by navigating the Ethereum blockchain. While all Art Blocks projects have been created on Ethereum since the collective launched in 2020, those pieces have always required a back-end generator provided by the company to be viewable online. Now, however, even the mechanisms needed to view and enjoy some 90% of all Art Blocks pieces have been configured on-chain. That means that as long as the…

In an exclusive interview between Oompaville and MrBeast, the latter responded to growing crypto malpractice allegations. Most discussions focused on allegations that MrBeast crossed the line not only to defraud his followers but also to profit from crypto schemes. The interview, that viral shortly after its release, has thrown more gasoline into the ongoing discourse about influencers’ responsibility within the cryptocurrency industry. Allegations of Crypto Misconduct In the interview conducted with Oompaville, he did not fail to ask some lining questions. Making use of investigative threads by Coffeezilla, he went over alleged “pump and dump” scandals that MrBeast was involved…

When we examine the cryptocurrency onchain data, we see that some fresh altcoin whales have accumulated a memecoin on the Ethereum network. According to data, fresh crypto whales are accumulating NEIRO. It is observed that the recently created cryptocurrency wallet 0xec6b purchased 8.23 million NEIRO via OKX by paying 230.4 ETH. This corresponds to $575 thousand at the time of writing. Additionally, a second crypto whale, 0xd753, was created recently and this time withdrew 5.41 million NEIRO worth $453,000 via Gateio, another crypto exchange. In addition, another wallet with the short address 0xe9f, which is not a fresh crypto whale,…