Author: NBTC
The Fantasy Top collection surged to the top of CryptoSlam’s daily non-fungible token (NFT) sales chart on Wednesday posting more than US$1 million for the first time this week. The leading Blast collection had a total of 7,467 transactions conducted by 2,246 unique buyers and 2,749 sellers. However, the Ethereum blockchain outperformed other platforms on the same day, with sales reaching US$6.25 million, a 22.3% drop from the previous day’s US$8.15 million. Returning to the NFT rankings, Bitcoin’s NodeMonkes collection claimed the second position with sales of US$908,671, rising from the previous day’s US$571,992. NodeMonkes currently sits at the 26th…
The ongoing debate over Ethereum’s classification in the United States is garnering significant attention at the moment due to actions by the SEC and a possible ETF approval. The distinction between commodities and securities holds substantial implications for the regulation and future of crypto. If Ethereum were officially recognized as a commodity, the crypto landscape could witness transformative shifts in regulatory oversight, market participation, and investment vehicles. Commodity vs security definitions In the US, a commodity is generally defined as a basic good used in commerce that is interchangeable with other goods of the same type. This category includes items…
In a recent development that has stirred the XRP community, over $21 million worth of XRP has been transferred to popular crypto exchange Binance. The two transactions, which were flagged by the crypto tracking service Whale Alert, have sparked speculation regarding the intentions behind the sizable movement of funds. According to Whale Alert’s tweets, the first transaction involved the transfer of 21.37 million XRP, equivalent to approximately $10.9 million at the time of the transfer, from an unknown wallet to Binance. Shortly after, another significant transfer was reported, with 21.34 million XRP, valued at around $10.9 million, moved to Binance…
Gala Music is thrilled to introduce the Future Box! This exclusive offering features music from VOXverse rising stars FutureBoy and Gala Girl, promising an immersive and gamified music discovery experience for fans and VOXverse members alike.—For just $4.99, the Future Box unlocks a treasure trove of rewards:Explore a Multiverse of Exclusive Rewards: Delve into rare in-game VOXverse experiences, snag limited-edition Gala Music merch (including a shot at a coveted varsity jacket!), and enjoy sneak peeks at upcoming artists and features on Gala Music.Fuel the Next Music Revolution: Support rising stars FutureBoy and Gala Girl with $MUSIC tokens, Gala Music’s utility…
According to analysts at Bitfinex, Bitcoin and its recent activity on exchanges reflects a pattern reminiscent of December 2020, hinting at a possible growth phase. The exchange’s latest report highlights a significant decline in the supply of Bitcoin held by long-term investors on centralized exchanges, reaching its lowest levels in 18 months. This trend, coupled with the forthcoming halving event, suggests a scenario conducive to further price appreciation, as stated by the analysts. Potential Growth On The Horizon The Bitfinex Alpha report underscores the diminishing inactive supply of Bitcoin, particularly those assets stagnant for over a year. This reduction implies…
Is political pressure playing a role in the SEC’s consideration of spot Ether ETFs, and what implications does this have for the crypto community? Table of Contents What is happening, and what are the odds? Could Ethereum ETFs put up a fight for BTC ETFs? What to expect next? Ethereum (ETH) has been on a bullish run, trading around $3,760 as of May 22, marking a 28% increase over the past week. This surge is driven by speculation that the U.S. Securities and Exchange Commission (SEC) may approve the first spot Ether exchange-traded funds (ETFs) this week. In a surprising…
Jito, a liquid staking pool on the Solana blockchain, has recently announced a significant milestone. Its total value locked (TVL) has exceeded 10 million Solana (SOL). With Solana’s current price of $132.11, the number equals a staggering $1.32 billion. This development strengthens Jito’s position in the Solana ecosystem. It also indicates a growing interest in the protocol. Jito’s Restaking Venture Historically, Jito reached a higher TVL in fiat—approximately $1.86 billion—on April 1. However, it’s critical to recognize that these figures are subject to the fluctuating nature of cryptocurrency values. Should Solana revisit its peak of $208 witnessed earlier this year,…
The cryptocurrency market has undergone a substantial downturn, with many of the top 100 cryptocurrencies experiencing sharp price drops. Bitcoin, the leading digital asset, hit a low of $61,600 on Tuesday. However, industry experts suggest a potential rebound to higher highs may be on the horizon as the highly anticipated Halving event draws near. Adrian Zduńczyk, a crypto trader and technical analyst, provides valuable insights into the market dynamics, highlighting key factors such as bull market indicators, ETFs, and the imminent Halving event. Mixed Signals For BTC According to Zduńczyk’s analysis, the market exhibits bullish signs, with the 200-week and…
Closely followed economist Alex Krüger believes approval of a spot Ethereum (ETH) exchange-traded fund (ETF) could quickly send the top altcoin to new all-time highs (ATHs). In a new Unchained “Bits + Bips” podcast, Krüger says the market has yet to price in a spot ETH ETF approval. He predicts an approval will send Ethereum soaring against Bitcoin (ETH/BTC) to at least .070 BTC ($4,865) within months. “If the ETF gets approved, which seems like it’s likely now, it’s kind of clear that with an ETF approval, we’re going to see all-time highs very, very soon. Because the market is…
Crypto seems to be slowly recovering after a long winter in the market, and users are adjusting their investment plans according to the latest updates in the industry. While simply buying crypto is a great way to start your journey in this field, there also are other options to earn some digital assets and start trading them to get a profit. So, in this article, we will talk about some of the best free crypto airdrops you can focus on for this month to make your crypto portfolio richer with at least one new cryptocurrency. Table of contents Best Free…