Author: NBTC

Simon’s Cat memecoin ($CAT) launches on August 20, 2024, on TokenFi Launchpad, backed by Floki, DWF Labs, and BNB Chain. With 9 trillion total tokens, the presale aims to raise $4.25 million, representing 17% of the supply, and starts with a $25 million market cap. 18.5% of $CAT tokens will be airdropped to FLOKI holders, and 1.5% to users trading with the Floki Trading Bot. The Simon’s Cat memecoin will officially launch on the TokenFi Launchpad on August 20, 2024. This debut marks a significant moment as Simon’s Cat, a globally renowned cat animation and meme, enters the cryptocurrency space.…

Ripple CEO Brad Garlinghouse and cofounder Chris Larsen are set to appear at the eighth annual fintech conference hosted by the Federal Reserve Bank of Philadelphia. It will take place on Oct. 22 and Oct. 23. The conference will focus on such topics as tokenized deposits, the tokenization of real-world assets, and the impact of fintech on the modern financial landscape. Julapa Jagtiani, senior economist at FRB Philadelphia, claims that the goal of the conference is to discuss the future of the fintech industry. The organizing committee behind the event includes representatives from the Wharton School of the University of…

According to CryptoQuant Burak Kesmeci, Bitcoin, the leading cryptocurrency, Bitcoin’s Market Value to Realised Value (MVRV) has recorded a major bullish signal. This specific metric is calculated by dividing the market value of the largest cryptocurrency by its realized value. The term “realized value” refers to the value of all coins in circulation at the price that they were last transacted on-chain. After examining the historical relationships between the MRVR and its 365-day moving average, the analyst determined that Bitcoin tends to experience a rally after the former climbs above the latter. Currency, MRVR stands at 2.04, slightly surpassing its…

NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%. Top NFT Collections See Gains This Week, Bitcoin-Based Nodemonkes Leads the Pack Throughout the last seven days, Ethereum-based NFTs led the charge, with over $27.97 million in sales, marking a 22.46% rise. Bitcoin NFTs followed closely, pulling in $21.2 million, up 67.95% from the previous week. Solana-based NFTs took third place, securing $13.72 million in sales, though that figure reflected a drop of…

Following the market’s recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level. Despite the bullish sentiment, some crypto investors remain cautious about ETH’s performance as the second-largest cryptocurrency faces the next crucial resistance level. Ethereum Consolidates Above $2,600 Ethereum recorded a 13% price jump in the last seven days after the US Federal Reserve (Fed) announced its decision to cut the interest rate by 50 basis points (bps). The bullish momentum propelled the ETH’s price…

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, reaching 38,199,412%. According to the Shibburn X account, 39,345,498 SHIB were burned in the last 24 hours, representing a 38,199,412% surge in burn rate. The price of Shiba Inu increased in the last 24 hours, reaching an intraday high of $0.00001468 in Sunday’s trading session. However, the rise was short-lived, as the SHIB price retreated as the cryptocurrency market experienced some profit-taking. At the time of writing, SHIB was down 0.34% in the last 24 hours to $0.00001395 and down 1.10% weekly. HOURLY SHIB UPDATE$SHIB Price: $0.00001438…

Crypto advocacy Stand With Crypto has backed John E. Deaton, highlighting his stance on digital assets as he challenges Senator Elizabeth Warren. Stand With Crypto, a crypto advocacy group, has endorsed pro-crypto lawyer John E. Deaton in his campaign against Senator Elizabeth Warren for the Massachusetts Senate seat. The endorsement signals growing support for Deaton’s pro-crypto regulatory stance as he faces Warren. 🚨NEW: Advocacy group @standwithcrypto has now endorsed @JohnEDeaton1/@DeatonforSenate in his run against @SenWarren.👇🏼 https://t.co/a9W9gupbcb — Eleanor Terrett (@EleanorTerrett) September 27, 2024 Deaton, known for his defense of XRP (XRP) holders in the U.S. Securities and Exchange Commission lawsuit…

Forks of Bitcoin are intended to solve different shortcomings of the primary Bitcoin, the areas of concern are scalability and the way of rewarding miners. Every fork reflects a different way to enhance the usability of cryptocurrencies and is targeted at different users’ needs. These forks can be long-term if the respective market accepts such and is willing to meet new demands in the cryptocurrency market. The development of Bitcoin has been associated with several types of forks to try to correct what the developers have deemed to be flaws in the Bitcoin system. Five notable Bitcoin forks have emerged…

The price of Ethereum (ETH) has not really kicked off despite the bullish sentiment in the market. However, various signals are pointing toward a potential rally for the leading altcoin on the market. This week saw a huge jump in one of the most crucial metrics, injecting more positivity among investors. Leading market intelligence platform IntoTheBlock has shared an important update for Ethereum. It revealed that the network fees of Ethereum have reached the highest level since early June of this year. Remarkably, Ethereum fees skyrocketed 188.51% this week, as it stood around $45.2 million. What does it mean for…

The cryptocurrency market has made a significant recovery this week after the major crash it experienced last week. The reasons for last week’s decline were listed as geopolitical risks, the FED, and the strengthening of Kamala Harris in the US elections. Bitcoin price, which fell to $49,000 during the decline, is trading at $60,175 at the time of writing. In addition, in the new week, a large number of token unlocking operations will take place in many altcoins and the circulating supply of these altcoins will be diluted. Here is the weekly token unlock calendar that we have prepared specially…