Author: NBTC
Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, is enthusiastic about the upcoming launch of Shiba Inu’s new racing game, Lap Dogs. In an X post today, Kusama reacted to the upcoming launch of Lap Dogs, noting that the game marks yet another win for the Web3 gaming space. This comes as the Shiba Inu ecosystem team plans to expand the Web3 gaming industry with the imminent launch of Lap Dogs. HUGE. Another win for web 3 gaming. #Shibarmy https://t.co/qpa6VRRwP2 — Shytoshi Kusama™ (@ShytoshiKusama) December 29, 2024 In a follow-up comment, the Shiba Inu leader expressed pride in…
The global cryptocurrency market showed mixed trends on November 30, 2024, with notable price changes, market capitalization, and trading volumes. The Phoenix Group released an insightful summary of the crypto market through its official X account, highlighting the key developments and trends. According to the data, the cryptocurrency market consisted of 31,301 coins and tokens with an overall market capitalization of $3.41 trillion. The trading volume remained active over the last 24 hours at $179.07 billion. Daily Summary on November 30, 2024$HYPE $ENS $CORE $ALGO $FLR $BTC $XRP $ETH $DOGE $ACT#dailysummary #DeFi #Crypto pic.twitter.com/oBPwZsS1VC — PHOENIX – Crypto News &…
As it became known thanks to a report of Whale Alert, a large transfer of XRP tokens took place from Upbit, South Korea’s largest cryptocurrency exchange. According to on-chain explorer data, 11 million XRP, equivalent to about $28.11 million, were withdrawn from Upbit’s wallet “rDxJNb” to an unknown entity under the address “r325zs.” According to data from Bithomp, the XRP ledger explorer, the unknown address was activated by a transfer of 11 XRP in October. Who is behind it is unknown. Usually, such transfers occur between entities associated with the cryptocurrency, such as Ripple or Bitstamp. The wallet may belong…
Over the past 72 hours, over 55,000 Bitcoin ($BTC), worth about $5.34 billion, were withdrawn from exchanges. This data comes from Ali Martinez, a technical and on-chain analyst. The large withdrawals indicate that the Bitcoin whales, the big investors, are accumulating more Bitcoins. Over 55,000 #Bitcoin $BTC have been withdrawn from exchanges in the last 72 hours, worth around $5.34 billion! pic.twitter.com/4YrlwDnUjY — Ali (@ali_charts) November 30, 2024 Bitcoin Price Rises 34%, Institutional Investors Interest This move has been made after Bitcoin’s price rose significantly with Donald Trump’s recent victory in the presidential election. Its price has gone up to…
Anders suggests that the United States could leverage Ripple’s expertise in cross-border payments and influence over XRP to position itself as a major leader in the finance and crypto sectors. The popular digital asset researcher made the assertion in a recent X post, emphasizing that the U.S. government could leverage Ripple and XRP as strategic weapons. Trump Plans to Make US Crypto Capital of the World It should be recalled that during his campaign, Donald Trump promised to make the United States the crypto capital of the world. To achieve this goal, the U.S. President-Elect revealed a number of initiatives…
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW) algorithms. Fast forward to today, and Scrypt has claimed the crown as the most lucrative choice for miners, particularly those extracting dogecoin (DOGE) and litecoin (LTC). Mining Algorithms Push Limits in a Historic Year As 2024 draws to a close, Scrypt stands tall as the most profitable PoW algorithm. Originally introduced by Colin Percival in March 2009, Scrypt gained traction in 2011 when an anonymous developer, Artforz, integrated it into the Tenebrix cryptocurrency. Soon after, it powered Fairbrix and became…
Bitcoin’s price has yet to hit the $100K milestone, but considering the market’s current state, it seems only a matter of time. Bitcoin Price Analysis By Edris Derakhshi (TradingRage) The Daily Chart The daily chart demonstrates a clear picture of the last 9 months of Bitcoin’s price action, where the market has been consolidating until the beginning of this November. Yet, following the price’s stabilization above the 200-day moving average, which is currently located around the $68K mark, the market began to rally aggressively and create new all-time highs daily. Meanwhile, the price experienced a pullback a few days ago,…
The official X account of Litecoin, a top crypto project with 1.1M followers has raised eyebrows. The recent bizarre posts from Litecoin’s X account, expressing madness after the massive crypto market upsurge, have raised speculations among the community members. https://twitter.com/litecoin/status/1865569484854919313 Unusual Posts on Litecoin Official X Account Raise Concerns Such unusual posts by Litcoin’s X account have made several crypto community members concerned and puzzled. This takes place after the recent crypto spike. Additionally, this activity has raised apprehensions about a likely hack or some unauthorized access. The reason behind these concerns is that such posts are far removed from…
The general digital asset markets seem to be struggling, including prominent virtual currencies like BTC, ETH, and many others. Despite these ongoing market corrections, crypto analyst Onchain Lens shared data today on the X platform identifying that a whale has accumulated massive amounts of cbBTC tokens. Whale buys $5 million worth of cbBTC According to data from Onchain Lens, a wallet associated with Andreas Brekken, the founder of Sideshift.ai, withdrew $5 million in USDC from Hyperliquid. After the withdrawal, the whale spent $2 million to purchase 21.11 cbBTC tokens at an average price of $94.72. Data shows that the trader…
According to on-chain data, a Bitcoin address that had been dormant for 11.6 years has been reactivated. According to Blockchain data tracker Whale Alert, the address contains 11 BTC, presently worth over $1,071,468. Whale Alert reported some hours ago: “A dormant address containing 11 BTC worth 1,071,468 has just been activated after 11.6 years.” 💤 A dormant address containing 11 #BTC (1,071,468 USD) has just been activated after 11.6 years!https://t.co/m9TDE5s8dO — Whale Alert (@whale_alert) December 1, 2024 The reactivation of such an old address has sparked curiosity and speculation within the cryptocurrency community. The activation of dormant wallets often garners…