Author: NBTC
Renowned crypto trader and NFT enthusiast Jeffrey Huang, popularly known as Machi Big Brother, has once again demonstrated his confidence in the $FRIEND token. As per LookOnChain, he has invested a substantial sum of 661 $ETH, equivalent to approximately $2.05 million. This investment, aimed at acquiring 798,157 $FRIEND tokens at a price of $2.57 each, marks another significant move by Machi Big Brother in the crypto market. Machi Big Brother(@machibigbrother) spent 661 $ETH($2.05M) to buy 798,157 $FRIEND at $2.57 again.He has bought a total of 2.19M $FRIEND($5.05M) at $2.31.https://t.co/ync3VY29pq pic.twitter.com/FD5Cc7kwiW — Lookonchain (@lookonchain) May 7, 2024 Machi Big Brother’s Significant…
Much of the world takes water for granted. And much of the world has so little water that it’s a matter of life and death. So how can we send water from areas of surplus to areas of need? This is the mission of Atlantis, a project devoted to solving issues stemming from climate change, focusing primarily on water. And they’re trying to crack this problem by using blockchain.Irthu Suresh is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31. Atlantis is not just theoretical. Across 50 villages in the region of Chikmagalur, India, Atlantis deployed a…
The halving is a pivotal moment in Bitcoin’s monetary policy every four years, having massive implications for the economic viability of individual mining operations, the overall market dynamics of the asset, and generally the block alcohol content present in Bitcoiners’ bloodstreams. Everyone celebrates the halving each cycle as a moment where Bitcoin becomes a more scarce asset, an event where historically the price has skyrocketed in reaction to the change in the issuance schedule and everyone waits with bated breath for history to repeat itself. I’m sure everyone is all too familiar with these dynamics, so today as we all…
Ethereum’s price has been on a gradual decline since mid-March and has yet to show any decisive sign of recovery. Yet today’s price action is critical, as it can finally bring back some bullish momentum to the market. Technical Analysis By TradingRage The Daily Chart Looking at the daily timeframe, Ethereum’s price has been trending lower inside a large descending channel and is yet to break it to either side. Meanwhile, the cryptocurrency is currently testing the midline of the range and the key $3,000 level. With the 200-day moving average located near the $2,800 support zone, the market seems…
In a recent Bloomberg Crypto report, South Korean retail investors are credited with fueling the surge in local digital asset exchanges, predating the global crypto boom that pushed prices to record highs earlier in 2024. The Korea Financial Intelligence Unit (KOFIU) revealed a significant uptick in crypto participation, with active users on registered exchanges surging by 390,000 to 6.45 million by year-end 2023. South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto bull market https://t.co/ZUMDYehoAD — Bloomberg Crypto (@crypto) May 15, 2024 This surge in activity is particularly noteworthy, representing…
By leveraging IOTA’s distributed ledger technology, TLIP aims to reduce costs, enhance efficiency, and mitigate risks across various sectors, promising a democratized future for trade finance. TLIP’s innovative features, including tokenization, risk engine capabilities, and document authentication, align with the goals of MLETR to streamline the digital transfer of ownership documents in trade finance. In the latest step to further revolutionize the trade finance ecosystem, IOTA’s TLIP integration with MLETR seeks to explore key advancements in this ecosystem. By diminishing dependence on intermediaries and harnessing the secure, transparent transactions enabled by IOTA’s distributed ledger technology, TLIP stands ready to lower…
The Philippines has made global headlines for years for adopting blockchain technology. However, most of this came from the gaming sector, but it’s now time for the technology to venture beyond gaming and solve other “really big problems,” says Jaymes Nicholas Shrimski. Shrimski is the chief of staff at AHG Lab, a venture studio in Metro Manila. The company goes beyond just writing cheques and offers its startups the tools they need to focus on their product, from operations to finances and marketing. AHG Lab has yet to invest in a blockchain startup. According to Shrimski, this is mainly due…
The largest tier of Bitcoin holders has restocked nearly 20K BTC with a monetary value averaging $1.235 billion just before the 2024 Bitcoin halving. As the Bitcoin network is expected to undergo a halving today, a historical pattern of accumulation has re-emerged on the side of BTC whales. Prominent market intelligence firm IntoTheBlock recently called attention to this trend in a recent post in X. IntoTheBlock disclosed that Bitcoin whales may have begun buying BTC dips building up to the Bitcoin halving. Giant Bitcoin Whales Buy Dip In the latest update, the intelligence platform noted that the largest Bitcoin holders…
Prominent cryptocurrency analysts have recently expressed bullish sentiment on Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, with one suggesting it will surge to over $10,000 by the end of the year. Michaël van de Poppe, a cryptocurrency analyst with over 700,000 followers on the microblogging platform X (formerly known as Twitter), expressed optimism, suggesting ETH is on track to reach a higher support level and added that the “good times are there in a few weeks time” after noting ETH is “at end stage of the correction.” #Ethereum is at the end stage of the correction.There’s around 10% more…
Subsquid, a leading Web3 data access layer, has secured $17.5 million in funding and forged a partnership with Google ahead of its highly anticipated token launch, as per the information shared with Finbold on May 16. The financial boost will support the development of Subsquid’s innovative data indexing technology, which aims to revolutionize blockchain data accessibility. Subsquid’s integration with Google BigQuery A major highlight of this development is Subsquid’s integration with Google BigQuery. By incorporating its software development kit with Google’s powerful data analytics platform, Subsquid offers developers new capabilities to analyze blockchain data. This marks a significant step forward,…