Author: NBTC
Arbitrum is approaching another major token unlock, scheduled for November 16th, 2024. Token Unlock data shows that 92.65 million ARB tokens, worth roughly $48.5 million, will be released, primarily to the Arbitrum team, advisors, and investors. This event has sparked considerable interest due to the price volatility seen after previous unlocks. Earlier this year, Arbitrum unlocked 1.1 billion tokens worth about $2.32 billion, which triggered a significant price drop from $2.10 to $0.52. As the next unlock nears, investors are closely watching price trends, support and resistance levels, and technical indicators to anticipate potential market reactions. Source: Twitter Current Price…
Immutable and Sequence have partnered to integrate their product offerings. The alliance is targeted at Web3 gamers, a major industry niche Polygon is dominating. The Polygon blockchain has announced its involvement in the collaboration between Immutable and Sequence to accelerate Web3 gaming. Through the collaboration, developers will have the essential toolkit to onboard players, boost monetization, and build next-level gaming experiences. Details of Immutable and Sequence Collaboration Immutable, a popular Web3 gamer, recently teamed up with Sequence to assist developers worldwide in building the next generation of games. Developed by Horizon, Sequence is a leading all-in-one Web3 game development platform.…
Upbit lists PEPE against KRW, introducing trading limits to control volatility and stabilize early market movements. Whale profit-taking sees a sale of 500 billion PEPE, despite holding $33.2M worth of tokens, showing impressive returns. PEPE’s market cap surges over $10B, with daily trading volumes skyrocketing by 200%, signaling heightened investor interest. The biggest exchange Upbit, unveiled a new trading pair for the memecoin PEPE on November 14, 2024, which starts trading at 11:30 a.m. KST. This action is in line with Upbit’s plan to list PEPE against the Korean won. The Ethereum-based token has generated expectations prompting Upbit to implement…
Bitcoin (BTC) might have reached new all-time highs in 2024, but the pioneering cryptocurrency has seen a period of sideways trading since March, struggling to decisively breach the psychologically important barrier of $70,000, and at times dropping to as low as $54,000. As it stands, the long-awaited month of ‘Uptober’, which was supposed to ignite a renewed bull run, is unlikely to materialize. At press time, BTC is trading at $68,930 — having rallied by 5.16% over the course of the last thirty days. However, even analysts who concede that ‘Uptober’ has been a disappointment, such as Michaël van de…
As Bitcoin hauls altcoins further north in the wave of US election euphoria, crypto airdrops provide investors with low-bar entries into early-stage projects without any initial investment. DeFi and airdrops researcher Jussy.Sol highlighted several crypto airdrops offering investment opportunities. Switchboard: Plug into the On-Chain Economy Switchboard airdrop is potentially confirmed, with orbs available for earning when participants supply liquidity to any partner project or complete quests. They have also recently announced a partnership program with Monad, which could culminate in a commendable airdrop. “If you missed $1,500 — $3,000 drop from PYTH, you still have a chance to get SWITCH.…
Sling Money, a global peer-to-peer payments app leveraging stablecoins and Solana, has launched for users with US bank accounts, the startup announced this morning. The app was conceived as a global equivalent to Venmo that uses the Solana network and Paxos’ USDP stablecoin to move money around instantly for low fees. The move comes as the crypto industry as a whole seems emboldened operating in the US following Donald Trump’s presidential election win last week. Sling Money was founded in 2022 by Mike Hudack, who previously was chief product officer at the UK-based neobank Monzo. I spoke with Hudack back…
A widely followed crypto analyst is issuing a warning on Bitcoin (BTC), saying that it could witness an extremely bearish scenario even if it surges past a psychological level. In a new strategy session on the TechnicalRoundup YouTube channel, pseudonymous crypto analyst DonAlt says that a severe correction for the crypto king after it breaches $70,000 would deplete all bullish momentum. According to the strategist, the top crypto asset by market cap looks bullish on the weekly time frame, but the situation can abruptly change if BTC witnesses a fake breakout. “We made a new high close last week and…
Bitcoin surged to an all-time high price late Tuesday as President-Elect Donald Trump’s projected win took shape, bringing the rest of the crypto market with it. But one of the biggest gainers over the past day might be unexpected—it’s from an Elon Musk-themed Telegram tap-to-earn game. X, the token of Telegram game X Empire, is now up 53% over the last 24 hours per data from CoinMarketCap, at a current price of $0.000073. The token, minted on The Open Network (TON), blasted as high as $0.000096 late Wednesday, bouncing back from an all-time low of $0.000033 on November 3. In…
Jesse Pollak, Coinbase’s Wallet lead and Base founder, announced the introduction of a new ‘tap to pay’ feature for the Coinbase wallet. He revealed that the Coinbase non-custodial crypto wallet solution scheduled for a 2025 rollout will rival giants PayPal, Cash App, and Venmo. Speaking at the DevCon conference in Bangkok on November 13th, Pollak claimed the crypto solution was currently undergoing internal alpha testing with a full rollout to nearly 50 countries coming soon. He added that the new feature will provide merchants with a better, faster, and more global tap-to-pay experience. Coinbase wallet introduces a tap-to-pay feature for…
The news is causing a stir in the world of finance: VanEck, one of the leading investment companies, has recently published a bold forecast regarding the future of Bitcoin. According to the company, the price of Bitcoin could reach 3 million dollars by 2050. This extraordinary estimate has sparked a lot of interest and debates, leading investors to question the role of Bitcoin as a potential global reserve asset in the long term. Let’s examine in detail the reasons for this prediction, the factors that could contribute to its realization, and what it could mean for the cryptocurrency market. VanEck…