Author: NBTC

Ben Armstrong, aka BitBoy, an influential voice in the XRP community, brought awareness of XRP to the incoming Donald Trump administration by explaining it to Trump’s son, Don Jr. Armstrong made a notable appearance on the “Triggered with Don Jr.” show, where he and Donald Trump Jr. discussed various issues affecting Americans, including cryptocurrencies. During the conversation, BitBoy took the opportunity to promote XRP to Don Jr. It’s worth noting that the Trump political camp is already familiar with the cryptocurrency market, including Bitcoin, and is advocating for regulations that could support the industry’s growth. Meanwhile, Armstrong explained to Don…

Near Protocol has announced plans to build the world’s largest open-source AI model. The platform announced the initiative on the opening day of the Redacted conference in Bangkok, Thailand. The initiative, a 1.4 trillion parameter model, will be larger than Meta’s open-source model, Llama. Near Protocol noted that the initiative will involve crowdsourced research from multiple researchers and contributors to the new Near AI hub. Contributors are reportedly on board to train a smaller 500 million parameter model starting November 10. Near Protocol announced that the project will continue to grow and span seven models. It also noted that only…

In 2024, the NFT market faced an unexpected downturn, revealing challenging patterns as the once-booming sector struggled to maintain its momentum. A recent study by NFTEvening and Storible agency, analyzing the performance of 29,079 new NFT collections, presents a stark reality. It shows that most NFT drops this year are failing to find lasting value or engagement. Profit Elusive in 2024 NFT Market as Most Drops Decline Using data from Dune Analytics and OpenSea, NFTEvening and Storible’s research focused on collections launched between January and August 2024. The study confirmed results Using OpenSea’s API and analyzed key metrics. Among them…

After an extended period of sideways movement, Ethereum has finally managed to surge past the $3,000 mark. This breakout comes as Bitcoin reaches new highs, fueling optimism across the crypto market. Ethereum Price Breaks $3,000 After Long Consolidation Ethereum’s price had been moving within a tight range for weeks, struggling to break through the $3,000 resistance level. However, with the recent surge in Bitcoin’s price to $80,000, Ethereum found the momentum needed to move higher. Many traders see this breakout as a signal of Ethereum’s readiness for further gains, particularly as the overall crypto market remains bullish. ETH/USD 1-day chart…

Chinese cryptocurrency journalist and blogger Colin Wu has reported that Spirit Blockchain Capital has finally completed the acquisition of Dogecoin Holdings. This may potentially help to increase the global adoption of the original meme cryptocurrency, DOGE. Spirit Blockchain Capital announced that it has completed the acquisition of Dogecoin Holdings to increase the global adoption of Dogecoin. Ankr co-founder Chandler Song announced that he has invested in Dogecoin Holdings and will serve as a strategic advisor to participate in… — Wu Blockchain (@WuBlockchain) November 8, 2024 Dogecoin Portfolio Holdings Corp is a blockchain company that works on managing and creating new…

Is Bitcoin’s new all-time high (ATH) of $90,000 the right moment to secure a $100 million credit line? If you’re a Bitcoin miner from Wall Street, the answer is definitely yes. This exact move was made by Nasdaq-listed digital asset mining company BitFuFu (NASDAQ: FUFU), which has secured additional financing from AntPool Technologies. BitFuFu aims to expand operations and potentially pursue acquisitions while maintaining its Bitcoin holdings. It’s hard to imagine a better moment for infrastructure investment than during this dynamic bull run of BTC, which gained over 10% in value on Monday and is testing new all-time highs just…

Blockchain protocol Immutable has introduced a new feature to simplify the gaming experience for players in Web3 by allowing in-game transactions. In an announcement on November 11, Immutable said that Web3 games were experiencing disruptions because players often had to approve transactions or interact with wallets outside of games. The new Pre-Approved Transactions feature allows developers to integrate transaction approvals directly into the game interface. In 2023, Immutable launched its Passport wallet framework with Google and Apple login methods. The Web3 gaming project said the feature allows users to create and restore crypto wallets using their Google or Apple accounts,…

A wallet associated with Arthur Hayes, a well-known figure in the cryptocurrency industry, has recently made a notable accumulation of Ethereum (ETH). In a series of transactions, the wallet acquired a total of 1,072 ETH, valued at approximately $3.31 million. This sudden increase in holdings marks the first significant accumulation in this wallet in the past three months, sparking speculation about Hayes’s potential strategies or renewed interest in Ethereum. A wallet related to ArthurHayes(@CryptoHayes) accumulated 1,072 $ETH($3.31M) today.The last time this wallet accumulated $ETH was 3 months ago.https://t.co/1HymJRPhcj pic.twitter.com/hPLNMmY6Pi — Lookonchain (@lookonchain) November 10, 2024 Details on Recent Transactions According…

Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins. In this analysis, BeInCrypto examines the altcoins that have attracted these significant investments and why whales are buying them. The top three include Aave (AAVE), Cardano (ADA), and Avalanche (AVAX). Aave (AAVE) AAVE, the native token of the decentralized lending platform Aave, is among the altcoins that crypto whales have bought this week. This trend is closely linked to Donald Trump’s recent election victory…

Orderly Network, a provider of cloud liquidity infrastructure, has officially introduced Avalanche. Designed to have an exceptionally high-performance blockchain architecture, Avalanche enables efficient deployment of decentralized applications (dApps) and specific blockchain ecosystems. This integration will help traders on the Avalanche to easily engage directly with the users in other blockchain networks; this will add depth to the trading on both EVM and non- EVM chains. Orderly Network Enhancing Cross-Chain Liquidity Through Avalanche Avalanche handles over 4,500 TPS, with every transaction being processed in under two seconds. The native consensus mechanism labelled Avalanche is efficient in delivering fast, secure, and low-energy…