Author: NBTC

Meme coins have been getting more and more attention in the crypto world in recent times. A popular crypto analytics company PHOENIX has recently shared the list of top ten memecoins based on their social media activity. The analytics firm provided the social media-based statistics of the respective project on its official account on X. TOP #MEME PROJECTS BY SOCIAL ACTIVITY$DOGE $PEPE $SHIB $BONK $PORK $FLOKI $POPCAT $BRETT $CAT $BILLY pic.twitter.com/SQJ2kn93fI — PHOENIX – Crypto News & Analytics (@pnxgrp) August 31, 2024 $DOGE Dominates Memecoins Based on Social Media Activity In a new X post, PHOENIX mentioned that $DOGE has…

Pixelcraft Studios, the company behind crypto game Aavegotchi, is creating a “members-only” Ethereum layer-3 gaming network called Geist, built with the scaling tech of both Arbitrum and Base. The move comes as the company fears that “industrial farming” is an issue preventing real players from enjoying crypto gaming. “A lot of crypto games are farms,” the pseudonymous CEO and founder of Pixelcraft Studios, Coder Dan, told Decrypt, “[and] there’s nothing wrong with a farmer.” “But the problem is that they’re industrial farmers,” he continued. “These are not your mom-and-pop farms. These are industrial compound combine farms that are there for…

According to on-chain data, a massive 1.48 trillion PEPE tokens have recently exited the world’s largest crypto exchange, Binance.This large transaction was executed by a wallet believed to be related to the institutional crypto asset manager, Ceffu. On-chain data provider Lookonchain reports that “a wallet related to Ceffu withdrew 1.48 trillion PEPE worth $11.6 million from Binance just now.” A wallet related to #Ceffu withdrew 1.48T $PEPE($11.6M) from #Binance just now.https://t.co/H9anq20RUY pic.twitter.com/TTq3BVtVoo — Lookonchain (@lookonchain) August 29, 2024 The withdrawal was carried out in two separate transactions: the first involving one trillion PEPE tokens, followed by an additional 480 billion…

The Bitcoin market is showing striking parallels to patterns observed in late summer and autumn of 2023, according to analyst Miles Deutscher. Retail interest has significantly declined, with YouTube views plummeting in the past week. This drop in engagement reflects a broader lack of enthusiasm among market participants, exacerbated by a lack of compelling narratives to drive new investments. This feels eerily similar to August-October last year.• Retail interest is evaporating fast (YT views have fallen off a cliff over the past week)• Apathy amongst existing market participants• Lack of clear narratives(and the #Bitcoin price action looks identical too) pic.twitter.com/Y37iDoeSOl…

In the latest cryptocurrency market update, several digital assets have exhibited notable gains, underscoring the volatile and dynamic nature of the sector, as reported by Phoenix. The best performer today is $LAT, which jumped by a whopping 32.8%. This increase signifies $LAT’s rosy performance and stability in acceptance among investors and other market players. Such type of performance on a weekend further increases the significance of these coins. DAILY GAINERS$LAT +32.8% $ZANO +19.9% $GME +14.5% $RDNT +13.1% $FRONT +11.6% $TIME +11.6% $HARD +10.4% $VELO +10.1% $STMX +8.1% $RARE +6.1%#dailygainers pic.twitter.com/fsdyibFOTt — PHOENIX – Crypto News & Analytics (@pnxgrp) August 31,…

Telegram CEO Pavel Durov has been indicted and placed under supervised release by a Paris court on Aug. 28 following his recent arrest on charges including terrorism and child abuse content. Durov has been indicted and placed under judicial supervision. He needs to post bail of 5 million euros, report to the police station twice a week and is banned from leaving French territory, according to press releases. INTEL: TELEGRAM’S DUROV PLACED ON SUPERVISED RELEASE, MUST NOT LEAVE FRANCE — Solid Intel 📡 (@solidintel_x) August 28, 2024 The ruling comes after Durov was taken into custody at Le Bourget airport…

Bitstamp, one of the oldest European cryptocurrency exchanges, has seemingly teased the listing of a new meme coin by posting an emoji of a cat with a wry smile. The emoji, which is a cartoon cat variant of the sly and somehow mischievous smirking face emoji, has ignited discussions about the next meme cryptocurrency that could be potentially listed on the major trading platform. Mog Coin (MOG) appears to be the most likely candidate for a potential listing. The Ethereum-powered meme cryptocurrency, which was launched last July, acts as the native token of the Mog ecosystem. The cryptocurrency is up…

Independent presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has received only $61,000 in Bitcoin donations since 2023, according to an analysis by blockchain analytical platform Breadcrumbs. This figure is modest compared to Kennedy’s overall fundraising success. According to OpenSecrets data, his 2024 campaign has raised over $100 million. Tracking challenges The Federal Election Commission (FEC) records show that the $61,000 in Bitcoin donations was collected between June and September 2023. Since October 1, 2023, the campaign has stopped reporting Bitcoin donations, which could indicate either a decrease in Bitcoin contributions or a change in reporting methods. The Breadcrumbs analysis…

In this article we explore the topic of Smart Rollups on Tezos, one of the most interesting emerging technologies in the blockchain landscape. For this project, originally developed as a monolithic L1 network, everything changed with the launch of Tezos X which made the blockchain super scalable. Now the Smart Rollup, increasing the processing capacity of the network and moving calculations off-chain, create favorable conditions for the development of the web3 ecosystem The developers are ready to embrace an interoperable, fast, and secure cryptographic infrastructure, ideal for both public and private deployments. Let’s see all the details below. Tezos X:…

A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs believe a regulatory framework specifically designed for cryptocurrency trading is crucial for the effective management of the sector. Nigerian Tax Laws Outdated for Digital Economy A coalition of Nigerian civil society organizations (CSOs) has praised Zacch Adedeji, the executive chairman of the Federal Inland Revenue Service (FIRS), for his proposal to integrate cryptocurrencies into…