Author: NBTC
Many events have occurred on the cryptocurrency market amid the latest price drawdown. Whales, within the last few days, have engaged in opportunistic buying as the price of assets suffered a slight decline. Notably, XRP whales made significant purchases to capitalize on the trend. Whale activity signals confidence amid market decline Ali Martinez, an on-chain analyst on X, observed that crypto whales bought more than 100 million XRP amid price fluctuations. These whales took advantage of XRP dropping below the $2 support level to snap up the token. In the recent dip, whales bought over 100 million $XRP! pic.twitter.com/xU2YscIkvj —…
5ireChain announced a strategic partnership with Kima Network, a cross-ecosystem payment transfer protocol that enables secure and smooth DeFi and traditional finance interoperability without smart contracts. 5ireChain, a protocol that strives to enhance business processes and improve efficiency through blockchain technology, revealed the matter today on the X platform. By integrating their groundbreaking technologies, the two platforms developed a more interconnected and robust blockchain infrastructure that supports smooth and secure cross-chain interactions. Certainly, the two projects leverage the unique strengths of their networks, creating massive advancements in the Web3 world. #whatscooking5ireChain x Kima🤝👉Together with @KimaNetwork, we’re unlocking seamless blockchain interoperability,…
The crypto market remains relatively stable during the Wednesday market session as Bitcoin price struggles to sustain above $95,000. While the consolation projects a lack of dominance from buyers or sellers, the formation of a pennant chart pattern and whale buying signals an immediate breakout. By press time, the BTC price had traded at $96.930 with an intraday gain of 1%. According to Coingecko, the asset’s market cap surged to $1.94 Trillion, while the 24-hour trading volume is at $87.2 Billion. Key Highlights: The Bitcoin price teases a bullish breakout from the pennant pattern for a leap above $100k. The…
Open Builders, the team behind hit tap-to-earn Telegram game Notcoin, revealed the Earn launchpool platform on Wednesday, letting holders of tokens from Notcoin and other projects built on The Open Network (TON) earn a share of rewards from upcoming token drops. The platform lets users earn tokens simply by holding them, without complex staking requirements, according to Open Builders. Earn operates directly within the Telegram messaging platform, offering dynamic hourly rewards and multiple project pools—like one for Notcoin (NOT) holders, or another for DOGS meme coin holders—with no minimum token requirements. “There is no need to tap or search for…
Cardano’s blockchain technology is set to revolutionize the Argentine lithium industry through an agreement with three players in the sector: Atómico 3, Zengate, and Alto Grande. The collaboration will introduce the world’s first lithium tokenization project, a disruptive initiative scheduled for launch in Q1 2025. Mechanics of Tokenization According to local reports, the project will use blockchain technology to convert the property rights of lithium into digital tokens. This will allow investors to trade fractional shares of the mineral without physically handling or owning it. The process is intended to democratize resource access, improve liquidity, and facilitate international trade through…
Bitcoin has rebounded to $98,000 today after dropping to its weekly lowest point, and several sentiments have made it back to head the $100,000 target price. Bitcoin (BTC), the world’s largest cryptocurrency in the world by market capitalization, rose around 3% to $98,436 in the past week after dropping under the weekly average to $93,913 on Tuesday. The South Korean martial law has brought a sentiment and dropped to its lowest record, but the token rebounded a few hours later after President Yoon Suk Yeol ended the order. 1 Day BTC price chart, October 28 – December 05, 2024 |…
Marginfi co-founder Edgar Pavlovsky departed suddenly from the Solana DeFi project in April. The split wasn’t exactly amicable. “I don’t agree with the way things have been done internally or externally,” Pavlovsky wrote on X at the time. Now, eight months later, Pavlovsky is a core contributor to Paladin, a Solana client meant to protect validators from so-called sandwich attacks while helping them “earn more in block rewards.” Around the same time, Temporal, a crypto research shop with multiple marginfi-linked members, began advertising “Nozomi,” a proprietary quic client partially meant to prevent sandwich attacks. Temporal is legally distinct from mrgn…
December presents an exciting opportunity for small investors to explore promising crypto projects despite the ongoing market uncertainty. Several noteworthy airdrops are set to take place before the year-end, offering a chance to gain exposure to innovative ventures. Following extensive research, here is a curated list of the top 10 crypto airdrops this month, including the projects behind them and essential details for participation. Portal to Bitcoin: Shaping BTC’s DeFi Era Portal aims to revolutionize Bitcoin’s role in DeFi by enabling custodyless cross-chain infrastructure. Backed by $42.05 million in funding from Coinbase Ventures and OKX Ventures, the project’s public testnet…
The Bitcoin price has recently attempted to reclaim the $96,400 level as support after breaking above the bearish trend line. A crypto analyst has underscored why this support level is crucial for Bitcoin’s next price rally, as it could set the stage for a potential retest above the $100,000 All-Time High (ATH). Bitcoin Price Retests $96,400 To Trigger Surge To $100,000 Prominent crypto analyst Rekt Capital took to X (formerly Twitter) on December 4 to inform his over 518,000 followers about the current Bitcoin price action and future direction. The analyst suggested that if Bitcoin successfully tests the $96,440 support…
PancakeSwap, a prominent player among the DEXs, has announced a landmark achievement in 2024. According to PancakeSwap, it has witnessed a staggering 179% year-on-year increase with a trading volume of $310.6B across nine blockchains throughout 2024. This groundbreaking achievement highlights its top position as a multi-chain DeFi potential. Several layer-2 chains like Arbitrum and Base led this milestone. The development reflects PancakeSwap’s persistent multichain dominance and growth. PancakeSwap Hits $310B in Trading Volume with a 179% YoY Growth The popular decentralized exchange disclosed that reaching $310.6B in trading volumes with a 178.97% year-on-year surge over 2024 is a remarkable success.…