Author: NBTC
Stablecoins play a critical role in the crypto ecosystem, enabling seamless transactions and driving liquidity across blockchains. Data from CryptoRank reveals that Solana, Ethereum, and Tron led the stablecoin market in 2024, recording significant transfer volumes. These networks showcased distinct strengths and adoption patterns, reflecting their growing impact in the crypto space. Source: X Solana Dominates Stablecoin Transfers Solana topped the list, recording a $10.5 trillion in stablecoin transfers, cementing its position as a leading blockchain. Despite this, Solana’s price fell by 0.97% in the past 24 hours to $189.76. Its 24-hour trading volume reached $3.26 billion, reflecting sustained investor…
Anyone paying attention to public bitcoin miner markets will know that artificial intelligence (AI) and business pivots to high performance compute (HPC) are all the rage among bitcoin miners. What started as a gradual trend last year has suddenly become a business strategy that many leading public bitcoin miners are exploring. This article first appeared on Blockspace Media, the leading Bitcoin industry publication dedicated to covering Bitcoin tech, markets, mining, and ordinals. Get Blockspace articles directly in your inbox by clicking here. Core Scientific, Bit Digital, Hut 8, Hive and IREN currently have revenue-generating AI/HPC business lines, while Crusoe Energy…
Ethereum’s bullish RSI cross signals a potential breakout and strong upward momentum. Prices hold above key support, reinforcing confidence in a sustained rally. Analysts predict a short-term target of $3,200 based on historical breakout patterns. Ethereum — ETH, is poised for a significant rise as the weekly Stochastic RSI moves toward a bullish cross. Analysts see strong upward momentum, with prices holding above a key moving average. The recent Bybit hack failed to shake Ethereum’s stability, strengthening the bullish outlook. Technical patterns suggest a significant rally, with traders watching for further gains. #Ethereum Most Hated Rally Imminent 🚀Weekly Stochastic RSI…
Microsoft stock dipped on Monday after investment bank TD Cowen reported the tech giant canceled leases on two data centers in the U.S. The stock fell 1.8% during Monday’s trade but has since recovered back to its opening price of $404.04, according to MarketWatch data. Microsoft terminated select leases with at least two private data center operators across multiple U.S. markets, accounting for “a couple of hundred megawatts” of power, according to a copy of TD Cowen’s report as cited by Bloomberg. For a perspective of how much power that is, 1 megawatt can power 250 homes during peak usage…
The Shiba Inu (SHIB) ecosystem is taking another step forward with the announcement of Meme Mania & The 36 Chambers of Tech. Shytoshi Kusama, the lead spokesperson for the popular cryptocurrency, revealed that this limited-edition podcast will debut inside SHIB: The Metaverse. The podcast is not just another update. It is a way to look back on how the Shiba Inu project started, where it is now, and what lies ahead. Designed to inform and entertain, the podcast will also be available on YouTube and Spotify for those who prefer more familiar platforms. SHIB: The Metaverse, where the event will…
Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior. This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline for weeks, now seeing a notable uptick with an inflow exceeding 20,000 BTC, according to CryptoQuant analyst IT Tech. Simultaneously, netflows across all exchanges turned positive, registering an increase of 15,800 BTC. These shifts mark a reversal from the consistent outflow trend observed in previous weeks, suggesting that traders may be preparing for increased activity on exchanges. Detailing The Increasing Exchange Reserves and Positive Netflows When Bitcoin reserves…
The DeFi projects are making considerable progress in terms of burning Ethereum, based on the latest market statistics. As per the data from the crypto analytics firm Phoenix Group, Metamask, Uniswap, and Gnosis are the leading players among the top DeFi projects burning Ethereum this week. The platform took to social media to share the list of prominent Ethereum burning projects. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #Metamask #Gnosis $GNO #Pendle #1INCH #Aave $AAVE #KyberSwap #0xProtocol $ZRX #Paraswap $HEX pic.twitter.com/uenKYJjsUc — PHOENIX – Crypto News & Analytics (@pnxgrp) February 23, 2025 Metamask Leads DeFi Projects Based on $ETH Burned over…
Ethereum price remains in a bear market, and three risky chart patterns suggest that it may experience a 20% crash soon. Ethereum (ETH), the second-biggest coin in crypto, retreated to $2,670 on Monday, down by over 35% from its highest level in December. Its performance happened as it faced substantial competition in the blockchain industry. Most of this competition is coming from popular layer-1 networks like Berachain (BERA), Solana (SOL), and BNB Smart Chain (BNB). Ethereum is also losing market share to layer-2 blockchains like Base and Arbitrum, that have become popular because of their lower costs. For example, DEX…
The crypto market is in a full-scale meltdown, with $325 billion in market cap wiped out since Friday morning as of press time, according to data from Coinglass, which also shows that the largest drop was when $100 billion disappeared within one hour. There were no major headlines covering the sudden crash, making it seem like not a big deal at all, almost as if no one even cared anymore. Even meme coins, which had been on fire in recent weeks, have taken a severe hit. Liquidity has dried up across the board, raising concerns about even more downside. The…
GTP War Partners With Versus To Unleash Advanced Web3 Gaming Experience and Rewarding Opportunities
GTP War, an FPS blockchain game project, has announced a strategic partnership with Versus, a decentralized PvP gaming platform. The collaboration between Versus and GTP War is based on a mutual long-term mission to prevail in the blockchain gaming landscape. As a result, this partnership enabled the integration of the GTP War network into Versus’ infrastructure to advance GTP’s presence in the blockchain gaming world. GTP War is a First-Person Shooter (FPS) blockchain game platform that offers multiple important and innovative features of shooting games, with advanced gameplay and visuals. On the other hand, Versus is a decentralized player-versus-player (PvP)…