Author: NBTC
On Wednesday, founder and former CEO of MicroStrategy business intelligence giant Michael Saylor published another tweet about Bitcoin with an eye-catching image, most likely generated by AI. Unlike his other recent, similar tweets, this one has the Bitcoin community excited and has brought a wave of positive feedback to Saylor, who is now in charge of his company’s BTC-focused strategy after stepping down from its chief executive position. “Refreshing” Bitcoin tweet Saylor tweeted a red soft drink can that looks very much like Coca Cola but carries a “B,” as in “Bitcoin,” on it instead. “Bitcoin is refreshing,” the tweet…
Shiba Inu’s marketing lead, who prefers to be called Lucie, has taken to the X social media platform (formerly widely popular as Twitter). Lucie issued an important statement, addressing those projects on Shibarium that have been sending her FUD messages about the layer-2 network recently, criticizing it for lack of support for them, as well as lack of development and user activity. In the meantime, the layer-2 solution has seen a major spike in transaction count, rising from its recent critical lows. Lucie’s anti-FUD statement shakes community Lucie tweeted, addressing multiple FUD messages she has been receiving as of late.…
Bitcoin fell to intraday lows of $63,320 as bullish BTC traders appear to be scaling back their bets on the world’s largest cryptocurrency. Bitcoin peaked at $73,798 in mid-March but has since fallen about 14%, trading 4.15% lower at $63,806 at press time. Buyers’ enthusiasm for the leading cryptocurrency has waned, owing in part to increased risk aversion caused by anticipated delays in the Federal Reserve rate reduction. In the most recent episode, data from blockchain analytics platform Lookonchain revealed that approximately $26.3 million worth of BTC was offloaded in the hours leading up to a significant price drop. This…
BALD is a meme coin on Coinbase’s Base chain that was subject to a rug pull, and investors lost nearly $23 million. The meme coin’s developer burned approximately 600 million tokens on Tuesday, triggering 45% daily gains in BALD. BASE has seen a surge in meme coin prices in the past day. Coinbase’s BASE chain has seen a spike in its popularity due to the meme coin rallies in its ecosystem. Early on Tuesday, one of the earliest projects on BASE, the BALD meme coin, made headlines for a burn of 60% of its tokens. This is reminiscent of the…
According to a crypto lawyer, FTX founder Sam Bankman-Fried will spend his full sentence in prison. In an interview with journalist Tiffany Fong, crypto lawyer Carlo D’Angelo said that Sam Bankman-Fried does not qualify for parole. Chatting w/ criminal defense attorney @DeFiDefenseLaw about the fate of SBF’s co-conspirators Caroline Ellison, Gary Wang & Nishad Singh, SBF’s parents (Barbara Fried fkn hates me 😅), whether or not Joe Biden will pardon SBF & more! pic.twitter.com/1SNg2Gbze4 — Tiffany Fong (@TiffanyFong_) May 3, 2024 According to the expert, the convicted entrepreneur will not be released on parole under any circumstances. Despite this, there…
If you’re active on Crypto Twitter, then you are well aware that the Bitcoin halving wasn’t the only significant event making waves in the space in the past week. Bitcoin Runes were introduced at block 840,000, coinciding with the halving. Runes, a new fungible token protocol by Ordinals creator Casey Rodarmor, are best described as “meme coins” on Bitcoin. While the long-term impact of the protocol will play out over time, it’s undeniable that Runes have captured significant attention right out of the gate. Though Runes trading has slowed down after the initial spike, they may continue to gain traction…
Bloom’s integration with Transak enables users to easily purchase IOTA from their wallets, enhancing accessibility and utility. With the increasing demand for seamless fiat-to-crypto onboarding options, Bloom’s collaboration with Transak allows users from 170 countries to easily buy cryptocurrency through its desktop wallet. In the latest development, the Bloom wallet has announced its integration with global web3 payment and onboarding infrastructure provider Transak. This development will further help in expanding the availability and usability of IOTA. As per the latest development, Bloom has integrated Transak onto its platforms for Windows, Mac, and Linux, enabling users to purchase IOTA directly from…
Alexander Vinnik, one of the operators behind the former BTC-e crypto exchange, pleaded guilty to a charge of conspiring to commit money laundering on Friday, the U.S. Department of Justice announced. Vinnik was an operator of BTC-e between 2011 and 2017, the DOJ said, and the exchange processed more than 1 million users transacting over $9 billion in crypto during that time. BTC-e was linked to the hack of now-defunct crypto exchange Mt. Gox after it was used to launder some 300,000 (BTC) from Mt. Gox. BTC-e was shut down in July 2017, at the same time Vinnik was first…
QuickSwap, a decentralized exchange (DEX), has officially launched on the X Layer Mainnet. It marks a pivotal moment for decentralized finance (DeFi) within the Polygon CDK network. This strategic move introduces a new Citadel to the QuickSwap ecosystem, enhancing its capabilities and extending the Polygon CDK family of networks. QuickSwap on X Layer Mainnet The integration of QuickSwap on X Layer offers users seamless swap and liquidity provision capabilities, positioning it as the top DeFi experience available on the network. It taps into the infrastructure of X Layer, a first-of-its-kind ZK-powered Layer-2 network built using Polygon CDK created by OKX.…
The Cross-Chain Transfer Protocol (CCTP) will enable transfer of USDC from other blockchain networks to Solana. Stablecoins on Solana have reached their highest volume since November 2022, with USDC as the most popular one. USDC cross-chain functionality may see more value flowing into the Solana ecosystem. Solana (SOL) may be set for a potential price rally as Circle will launch its Cross-Chain Transfer Protocol (CCTP) utility on its blockchain on Tuesday. Considering SOL’s recent upsurge in on-chain metrics and the liquidity inflow the CCTP will enable, many believe investors may resume their buying pressure on Solana and its ecosystem tokens.…