Author: NBTC
Shibburn tracking platform has revealed that over the past day, a substantial amount of SHIB meme coins has been transferred out of circulation and into dead-end wallets. Several tens of millions of SHIB has been burned with the majority gone in a single transaction performed by an anonymous whale. 31.4 million SHIB burned anonymously in one go The tweet published by Shibburn earlier today shows that the burn rate of the second most popular canine-themed meme coin SHIB has surged by 1,634.41% in total. All-in-all, this time the SHIB community has managed to lock 32,567,798 SHIB out of circulation. Almost…
2024 has been a banner year for bitcoin, and this weekend on Reddit, the crypto community dove into a lively debate about the leading digital currency’s cycles. Bitcoin enthusiasts pondered whether the classic four-year halving cycle could lose its forecasting mojo. From Predictable Pasts to Revolutionary Futures Although bitcoin has ridden through numerous rollercoasters of highs and lows, what if we’re entering an era of hyperbitcoinization where countries start stashing BTC in their reserves? Could this mean that the current cycle won’t crash as hard as those epic bull runs we’ve seen before? That’s the hot topic that bubbled up…
Filecoin staking makes it possible for storage providers to borrow FIL from users and use the coins as collateral. In return, users receive a portion of the FIL rewards earned by storage providers. We’ll show you how to stake Filecoin and earn FIL rewards. We’ll highlight multiple ways in which you can stake Filecoin. You can stake your FIL on a centralized crypto exchange, or use one of the many decentralized protocols that have been enabled by the launch of the Filecoin Virtual Machine. Before we dive deeper into the topic of Filecoin staking, let’s quickly learn a bit about…
Lace Wallet adds Bitcoin support, increasing Cardano’s DeFi potential and transaction volume. A mobile version is coming, making Cardano’s DeFi ecosystem more accessible. Cardano’s expansion challenges Ethereum, offering faster, cheaper cross-chain transactions. Big changes are coming to Cardano. Charles Hoskinson confirmed that Lace will soon support Bitcoin. This upgrade could make Lace the top Bitcoin DeFi wallet. More Bitcoin transactions may move to Cardano, strengthening the network. A mobile version is also on the way, making DeFi more accessible. These upgrades could reshape the blockchain space. Ethereum may soon face serious competition. Will Cardano’s expansion change the game? Let’s take…
Bitcoin traders who leverage technical analysis have been monitoring important levels of support and resistance, singling out $100,000 in particular as being psychologically significant. The world’s most prominent digital currency appears to be following a downward trend since reaching an all-time high of more than $108,000 on December 17, Coinbase data from TradingView reveals. On Monday, December 30, the cryptocurrency fell below $91,500, reaching its lowest level since late November, additional Coinbase figures show. In spite of this recent price activity, bitcoin is still in a strong, upward trend that has propelled it to multiple fresh, all-time highs over the…
HONG KONG — Wingbits, a blockchain-powered aviation data network, is set to add satellite-tracking capabilities as it looks to make further inroads into the $22 billion aviation data industry. The Swedish company is launching a satellite with Spire Global, which operates a low-orbit satellite constellation. The satellite will be carried by SpaceX’s Transporter-13 mission in late February from Vandenburg Space Force Base in California. Discussing the launch during Consensus Hong Kong, Robin Wingardh, Wingbits’ CEO and co-founder, said the satellite complements the startup’s 2,200-strong on-the-ground node network managed by flight enthusiasts around the world. The decentralized physical infrastructure network, or…
Fox Wallet is joining forces with UniFi to improve access to Based Rollup. The announcement of this partnership was made through Puffer UniFi X account. This represents an important step forward in increasing the scope of the Based Rollup ecosystem. 🐡🤝💚 @FoxWallet is joining forces with UniFi to enhance access to our Based Rollup.With testnet & mainnet on the horizon, FoxWallet will support UniFi from the start, give it prime visibility, and roll out special activities along the way.Stay tuned! 🔥 pic.twitter.com/v5phSLogbi — Puffer UniFi (@puffer_unifi) February 19, 2025 Fox Wallet to Support UniFi at Testnet & Mainnet Launch UniFi…
Chainlink’s decentralized oracle network enables smart contracts to access off-chain data, making it indispensable for Web3 applications, much like Cisco’s routers and switches powered internet connectivity. Its technology is integral to leading DeFi projects like Aave and Uniswap, underscoring its role in scaling decentralized applications. Chainlink (LINK) is increasingly compared to Cisco, the networking giant that laid the foundation for the internet in the 1990s. In this way, it is positioning itself as a cornerstone of blockchain technology, providing critical infrastructure and enabling Web3 development. Here’s why industry experts think Chainlink mirrors Cisco’s transformative role in the early internet era.…
Key highlights: Orderly’s liquidity infrastructure is now integrated with Monad, allowing projects within the ecosystem to access deep liquidity on demand. The integration enables developers to leverage a unified order book and SDK, connecting with top market makers like Wintermute and Selini. Monad’s high-performance EVM Layer 1 blockchain ensures fast, efficient transactions for DeFi applications built on its network. Improving liquidity access for decentralized finance Orderly, a permissionless liquidity layer that provides deep liquidity across multiple blockchains, has integrated its omnichain infrastructure with Monad, a high-performance EVM-compatible Layer 1 blockchain. This integration allows projects building on Monad, including decentralized exchanges…
After breaking past $100,000 in December — something the crypto market had been drooling over for years — Bitcoin hitting $200,000 no longer feels like some pipe dream. Everyone’s predicting it: investors, researchers, analysts, CEOs. Donald Trump’s return to the White House in November set the stage for what many are calling Bitcoin’s most explosive growth era yet. Why? Simple: Trump loves crypto. During his campaign, he promised to fire SEC Chair Gary Gensler, the guy the crypto community sees as their biggest enemy, and create a national Bitcoin strategic reserve funded by selling off the Federal Reserve’s gold for…