Author: NBTC

Ethereum is at the top spot for the highest revenue-making network. The Phoenix Group submitted a report on December 27, 2024, which displayed the fifteen leading blockchains by earnings, demonstrating Ethereum’s supremacy in this sphere, having $2B in revenue. TOP 15 BLOCKCHAINS BY REVENUE FOR THE LAST YEAR#Ethereum #Tron #Solana #Base #Linea #Arbitrum #BNBChain #Avalanche #Ton #Injective #Scroll #Blast #Optimism #Near #StarkNet pic.twitter.com/NM6zj0NcOR — PHOENIX – Crypto News & Analytics (@pnxgrp) December 27, 2024 Ethereum Dominates with $2 Billion Revenue Not surprisingly, Ethereum remains at the top and, in the past year, has earned a breathtaking $2 billion. From decentralized…

A recent tweet issued by the Shibburn tracking platform shows that over the past day, the SHIB community has managed to scorch an impressive amount of meme coins, which exceeds a quarter of a billion SHIB. The majority of this amount was burned in a single move by an anonymous whale. In the meantime, the meme coin’s price continues it attempts to surpass the $0.000033 resistance level. After adding roughly 5.21% over the past 24 hours, the second largest meme coin in terms of market capitalization SHIB is changing hands at $0.00003105. 250 million SHIB torched in one go after…

The liquidation process for an Ethereum whale that first received 200,000 ETH from the Genesis Block in 2015 is coming to an end. In keeping with a trend of significant sales throughout the year, the whale sent 3,370 ETH (roughly $11.37 million) to Kraken today. In 2024, 48,687 ETH ($171.78 million) were transferred to Kraken averaging $3,528 per ETH. At the moment the whale only has 7,594 ETH, which is worth between $25 million and $72 million. This action brings to light a pivotal period in Ethereum’s development and market dynamics. Early holders’ extensive selling activity frequently prompts worries about…

Tether minted $2B USDT in the last four days, contributing to a total of $19B since November 6. Bitcoin surpassed $100K twice, signaling a strong crypto market rally. Tether, the largest stablecoin issuer, has minted $2 billion USDT in the last four days. This contributes to a total of $19 billion USDT minted on Ethereum and Tron since November 6. These funds have consistently flowed into various cryptocurrency exchanges, fueling market activity. During the same period, Bitcoin’s price crossed the $100,000 mark twice. This milestone highlights the rally’s impact on the broader crypto market. Notably, rival blockchains Ethereum and Tron…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is up 3.07% today against the US Dollar Bitcoin is currently trading 7.47% below our prediction on Dec 04, 2024 Bitcoin gained 35.93% in the last month and is up 160.49% since 1 year ago BTC price is expected to rise by 9.56% in…

For Ethereum, 2024 has been the year where both a lot happened and not much at all, it seemed. There was substantial innovation, but those just wanting to make money from investing in Ethereum’s native coin ETH are a little disappointed—if the vibes on Crypto Twitter (aka X) are anything to go by. Upgrades like Dencun made it cheaper to get things done on the network, and President-elect Donald Trump even threw his weight behind a project built on Ethereum. But there was also a regulatory crackdown, leading many to think that the SEC was coming hard for the ecosystem.…

The SOLV ticker was auctioned for $128,000 in the Hyperliquid ticker auction. Hyperliquid auction recorded the highest auction amount of $128,345.67 on Dec 6. Hyperliquid has been gaining exceptional traction from the industry leaders and crypto community members, with its unique functionalities. It has grown exponentially from being a small decentralized exchange to an ecosystem with a market cap of $3.92 billion. HyperBFT and its custom layer 1 network combined with compatibility can process up to 200,000 transactions per second, which is not a usual feature in crypto. Some of its noteworthy features include “Pre Markets”, “Hyperliquid Ticker Auction”, “Vaults”,…

World of Dypians has unveiled a new feature called launchpool, claiming it to be the first to be integrated within Metaverse. As for the new addition, it will combine the conventional launchpool mechanisms with game-based activities enhanced by artificial intelligence (AI). Launchpools are located within various sectors and can be accessed through launchpool hubs, where participants are provided with fun and financial interactions. 🔥 Introducing the FIRST Launchpool built in the metaverse!World of Dypians is taking GameFi to the next level by combining launchpools with immersive in-game experiences powered by AI.What’s unique?– Explore the metaverse and interact with launchpool hubs.–…

As Bitcoin (BTC) hovers near the $100,000 mark, on-chain data indicates increased demand for the pioneer cryptocurrency, a move likely to act as a catalyst for achieving the six-figure valuation. Particularly, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached record-breaking levels, exceeding 40,000 contracts for the first time in history, according to data by Bloomberg shared by financial commentary platform The Kobeissi Letter in an X post on November 29. Since the start of 2024, the total number of outstanding contracts for Bitcoin futures has doubled. To put this momentum into perspective, open interest at…

Ethereum price has recoiled in the past few weeks despite having some positive exchange-traded funds and staking inflows. Ethereum (ETH) was trading at $3,400 on Dec. 29, down by over 17.2% from its highest level this month. This retreat occurred as Ethereum continued to see strong fundamentals. Data by SoSoValue shows that the daily inflows jumped by $47.7 million on Friday. The funds have had inflows in the last four consecutive days with two days of outflows over the last 25 days. The cumulative net inflows of these ETFs has moved to over $2.68 billion, bringing the total net assets…