Author: NBTC

Currently, ONDO, Gnosis, and Safe are leading the accumulation charts. The market capitalization of cryptocurrency is currently concentrated on many assets that have arrived at the phase analysts call the Accumulation Zone. This stage is followed by higher trading activity and low fluctuations, which might indicate that ‘whales,’ or major investors, are accumulating positions silently. TOP ASSETS IN THE ACCUMULATION ZONE $ONDO $W $CKB $SAFE $CHZ $GNO $XDC $ID $OSMO $ZETA pic.twitter.com/VPHluZ656v — PHOENIX – Crypto News & Analytics (@pnxgrp) October 29, 2024 Ondo Leads the Pack with Strong Market Cap For now, Ondo (ONDO) sits on the top of…

Wyoming-based crypto bank Custodia is reportedly deliberating more layoffs as it braces for ongoing regulatory scrutiny under the Biden administration. The decision comes as the crypto sector faces unprecedented challenges, including de-bankings and increasing pressure from US regulatory agencies. Meanwhile, cryptocurrency market participants remain hopeful of a better regulatory environment amid expectations of policy shifts with the incoming Donald Trump administration. Custodia Banks Plans More Layoffs Amid Regulatory Pressure Custodia Bank might enact more layoffs after retrenching 25% of its staff in August. This comes as the digital asset-focused bank continues to devote resources to its ongoing lawsuit with the…

Chirp, a decentralized telecommunications network operating on the Sui blockchain, unveiled its play-to-earn (P2E) game, Kage. Advertised as the first-ever DePIN (Decentralized Physical Infrastructure Network) P2E game, Kage meets players where entertainment, rewards, and real-world utility intersect. Chirp Turns Smartphones Into Crypto Miners With Kage, Chirp invites players to explore their surroundings by detecting wireless networks such as WiFi, Bluetooth, and cellular towers using their smartphones. This activity engages players in a gamified experience while rewarding them with CHIRP tokens, the native cryptocurrency for the Chirp ecosystem. Players will earn CHIRP as soon as they start playing the game and…

Shiba Inu lead developer, Shytoshi Kusama, reacts to claims that Bitcoin is the best-performing asset in the last decade by showing off SHIB’s extraordinary gain. The broader crypto market has witnessed an impressive performance this week, with the prices of various assets like Bitcoin (BTC) staging massive rallies. Following the rally, Bitcoin edged close to surpassing its previous all-time high of $73,750, set on March 14. However, it faced resistance, which led to its plunge to the $72,000 mark. Proponents Claim Bitcoin is the Best-Performing Asset in the Last Decade Commenting on Bitcoin’s outstanding performance, some proponents contended that BTC…

Ripple CEO Brad Garlinghouse has taken a strong stance against what he describes as the “unlawful war on crypto” led by the U.S. government under the Biden administration. In the interview, Garlinghouse also speaks about the challenges XRP and the broader crypto industry faced due to the hostile environment that has been created by the U.S. Securities and Exchange Commission (SEC) under the Biden administration. Joined @MorningsMaria to discuss a new dawn for crypto in the largest economy in the world under the Trump Administration. The industry has been asking for clear rules of the road for years – and…

XR One and CARV have partnered to bring innovative opportunities to Web3 gaming enthusiasts. CARV Node holders can now access exclusive Hero Nodes on XR One’s decentralized gaming network. This integration enables participants to unlock enhanced rewards, new utilities, and exclusive airdrops within the ecosystem. 🚨 Big News for CARV Node Holders! 🚨We’re excited to announce a groundbreaking partnership between XR One and @carv_official that’s set to redefine Web3 gaming. Here’s what this means for CARV Node Holders and how you can benefit 👇 pic.twitter.com/NkiJgHXY3F — XR One Network (@XR_Foundation) November 22, 2024 Integration Boosts Web3 Gaming Rewards Participants can…

Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level. Bitcoin struggled to test the $70,000 resistance zone and corrected some gains. The price is trading below $68,500 and the 100 hourly Simple moving average. There was a break below key contracting triangle with support at $68,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase unless there is a close below the $66,500 zone. Bitcoin Price Dips To Support Bitcoin price remained supported above the $66,500 zone. BTC…

GSR Markets has recently taken significant steps in the cryptocurrency landscape by withdrawing around $4.3 million worth of NEIRO coins from the Bybit exchange. This move accounts for approximately 4.3% of the total NEIRO supply and follows a similar transaction made just three weeks earlier, highlighting GSR’s active involvement with this altcoin. Contents hide 1 What Do GSR’s Actions Imply for NEIRO? 2 Could NEIRO’s Price Surge Continue? What Do GSR’s Actions Imply for NEIRO? GSR Markets’ ongoing transactions with NEIRO coins suggest a strategic and calculated approach toward bolstering the coin’s market presence. As a prominent market maker, GSR’s…

Gary Gensler, Chair of the U.S. Securities and Exchange Commission, has announced his resignation, effective January 20, 2025. Gensler’s departure coincides with President-elect Donald Trump’s inauguration On January 20, 2025 I will be stepping down as @SECGov Chair.A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 Gensler, who assumed office in April 2021, described his tenure as “the honor of a lifetime,” citing achievements such as advancing central clearing in Treasury markets and reforming executive pay standards. You might also like: Circle’s USDC to launch on Aptos with Stripe adding support Gary Gensler vs. Crypto Biden-appointed Gensler has vocally…

Polyhedra Network has revealed its 8th Network Expansion Proposal, announcing the new integration of its zkBridge with Astar Network. This proposal aims to stabilize cross-chain operations and improve user interfaces. Astar Network’s interoperable blockchain solution for Polkadot and Ethereum will provide the foundational framework for companies, entertainment companies, and games companies in Japan. Our 8th Network Expansion Proposal is live! 🔥NEP-8 offers the integration of Polyhedra’s zkBridge with @AstarNetwork.Astar Network serves as a gateway for enterprises, entertainment, and gaming projects in Japan and globally, driving Web3 adoption to billions. pic.twitter.com/Oav5wQQNzm — Polyhedra Network (@PolyhedraZK) November 22, 2024 zkBridge Unlocks Cross-Chain…