Author: NBTC
While Bitcoin’s surpassing the critical level of $100,000 for the first time is on the agenda of the cryptocurrency market, important names of the crypto world also commented on this historical moment. First, while former Binance CEO CZ re-shared his post about Bitcoin reaching $100,000 in 2021, Coinbase CEO Brian Armstrong also referred to 2012. Brian Armstrong drew attention to the speed at which Bitcoin has risen and emphasized the investment opportunity that Bitcoin has offered since 2012. Coinbase CEO, who also suggested strategic Bitcoin reserves to governments, pointed out that the $100 investment made in Bitcoin in 2012, the…
Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, is poised to continue its upside momentum following a notable price decline in recent days. This bullish speculation is driven by investors and long-term holders who have recently been buying the dip in ETH. Crypto Whales Adds $28.5 Million of ETH Recently, the blockchain-based transactions tracker Lookonchain posted on X (formerly Twitter) that four fresh crypto wallets belonging to Whales had purchased a significant 8,440 ETH worth $28.43 million from Binance. This massive ETH purchase occurred during a period when the altcoin’s price had begun to recover after a notable decline.…
Haliey Welch, widely recognized as “Hawk Tuah,” transformed her fleeting viral fame into a formidable media empire. With a burgeoning social media presence (230K followers on Instagram), lucrative brand partnerships, and the successful podcast Talk Tuah, Welch appeared to be transitioning from internet personality to business mogul. That was until the 22-year-old launched her memecoin, $HAWK. Now Hawk Tuah isn’t flying so high. $HAWK was launched on the Solana blockchain with considerable fanfare, initially skyrocketing to a $491 million market cap. This meteoric rise was short-lived, as the coin’s valuation plummeted to under $20 million, according to data from DEX…
AZCoiner, the cutting-edge technologies blockchain platform, has recently joined forces with Spores Network, a leading name in GameFi and Web3 innovation. This partnership aims at fast-tracking the provision and integration of AI-based Super dApps using Spores Network’s Launchpad. By integrating new features, expanding the user base, and developing superior technological solutions, AZCoiner aims to revolutionize the blockchain industry. 🌟 AZCoiner x Spores Network – a groundbreaking partnership! 🌟Get ready for AZCoiner’s upcoming IDO on Spores Launchpad🚀🚀When two major names in the industry join forces, a new chapter in blockchain history will be written🤝📝Let’s create a success story together with… https://t.co/SwTKtXnFRh…
U.S. Bitcoin adoption will ignite a global race to secure portions of the asset’s 21 million supply, Hex Trust CEO Alessio Quaglini stated amid market euphoria. Quaglini said during a CNBC interview that Bitcoin’s (BTC) surge past the $100,000 psychological barrier marked the beginning of its institutional phase, following earlier technological advancements and the retail boom after exchanges became established. He predicted that mass sovereign demand for BTC would drive the cryptocurrency to even greater heights. Quaglini foresees fierce competition among the world’s 195 countries once Bitcoin gains widespread acceptance in the U.S. Trading data shows that 75% of BTC’s…
The Ethereum (ETH) price outlook has been on investors’ radars for a while. Amid this sentiment, the cryptocurrency has rallied above $4,000 and, at one point, decreased below $3,200. However, in the last 24 hours, Ethereum’s price has increased by 10%, with large transactions climbing to levels not seen in almost one week. Ethereum Sees Notable Institutional Interest Ethereum’s 10% surge has pushed the altcoin to $3,422. On-chain data reveals that increasing institutional interest is a key factor influencing Ethereum’s price outlook. IntoTheBlock reports that Ethereum’s large transactions have climbed to 2.83 million ETH. This increase suggests heightened trading activity…
VeChain (VET) is another ‘dinosaur coin’ that aims to reinvent itself during the 2024 bull market. VET traded closer to its yearly highs after announcing the Renaissance Initiative with revamped tokenomics. VeChain presented its Renaissance Initiative, with renewed tokenomics and reward incentives. The announcement gave another boost to the native VET token, which trades toward its higher range for 2024. VeChain will retain its double-token model, where VET is the main asset and VTHO is used to pay for transaction fees. However, earning VTHO will now be tied to active on-chain behaviors, instead of passively holding VET. Previously, VTHO was…
TON Space, or the integrated solution in the Telegram wallet for custody and self-custody, has completed the beta phase. Now a new update will be launched that will allow developers to create and launch dApps, stake aggregators, and offer NFT/Jetton giveaways. The goal is to help non-natives become part of the TON ecosystem. The wallet of TON Space The Open Platform (TOP) The launch of the new wallet TON Space Toncoin (TON) The wallet of TON Space The beta of the TON Space wallet has been used by 100 million users, out of the 950 million users of Telegram. This…
Bitcoin (BTC) Price has reached a historic milestone, crossing $100,000 for the first time and achieving a market cap of $2 trillion. This makes BTC more valuable than Saudi Aramco and positions it close to Alphabet in market cap. With its EMA lines showing strong bullish momentum and key metrics indicating room for further growth, BTC’s current uptrend appears poised to continue. Bitcoin’s Current Trend Could Get Stronger Bitcoin DMI chart shows its ADX rising to 24.4 from 15 in just one day, signaling a strengthening trend. This increase suggests that BTC is transitioning from a weaker market condition to…
This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH has been permanently destroyed. Based on current exchange rates, the value of this burned ether exceeds $15.3 billion. A defining aspect of EIP-1559 is the mechanism that burns a portion of transaction fees, effectively reducing the circulating supply of ether. Ethereum’s $15.3B Burn Bonfire: Over…