Author: NBTC

Bitcoin (BTC) price has surged above the $72,000 milestone on March, 11 2024, sparking early signals of another bullish outing in the week ahead. Bitcoin price continues its blistering 2024 performance, soaring above the $72,000 milestone on around 12:00 GMT on March 11, adding over $100 billion to its market cap within the last 72 hours. Bitcoin (BTC) price action January to March 2024 | Source: TradingView As Bitcoin price reached a new all time-high of $72,286.9, its market cap soared to $1.4 trillion for the first time ever, bringing its 2024 year-to-date performance to 73%. Speculative traders mounting bullish…

In the last 24 hours, Ethereum (ETH) has seen a significant influx of nearly $57 million, predominantly driven by crypto whales despite a prevailing bearish sentiment in the broader market. This development comes as Ethereum’s price struggles to maintain upward momentum. Examining Ethereum Whales Activities According to Spot On Chain, the buying spree involved multiple large transactions. These transactions highlight a possible strategic positioning or a response to the current market conditions. The most notable among these is whale 0x3d4, which recently withdrew 8,877 ETH from Binance, valued at approximately $29 million, based on the price of $3,267 per ETH.…

Aligned Layer aims to help engineers avoid bottlenecks when proving their code. The $20 million Series A was led by Hack VC. Aligned Layer is an EigenLayer “actively validated service” (AVS). Ethereum verification protocol Aligned Layer has raised a $20 million Series A to enable faster and cheaper zero-knowledge (ZK) proofs on the world’s second-biggest blockchain. The fundraiser was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital. ZK proofs refer to protocols in which one party can verify the truth of a statement to the other party without conveying any further…

A member of the XRP community under the pseudonym “Crypto Value Hunter” recently reported that FedNow processed XRP funds sent to his bank account from crypto platform Uphold. A member of the XRP community reported this in a post on X. He also said that he withdrew funds from his Uphold XRP account to the bank and the funds were instantly deposited into the target account. In addition, he expressed surprise at the organization that carried out the transaction based on the information in the payment description. According to the disclosure, the XRP funds were processed by FedNow, the US…

Prominent Bitcoin supporter, former CSO at Blockstream and now chief executive at Jan3 company that helps nation states with BTC adoption, Samson Mow, has taken to the Twitter/X social media network to comment on the new Bitcoin all-time high and suggest the next target for the world’s leading digital currency. Mow hints at the next major Bitcoin price target Samson Mow cheered up the global cryptocurrency community by stating that they still have a chance to buy Bitcoin “for less than $0.08 million,” as if hinting that this opportunity window is going to end pretty soon and BTC will surpass…

On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $12.41M Transaction In 2024, another significant transaction involving Cryptopunk #635 took place on Apr. 25, fetching 4,000 ETH or $12.41 million. It’s among the rare group of nine alien-themed punks and boasts two distinctive traits: a bandana and sunglasses. A total of 3,560 Cryptopunks display these two features, including 481 with bandanas and 527 sporting sunglasses. This event followed the sale of…

OKX Jumpstart has listed Meson Network, a DePIN project working to create and scale a streamlined bandwidth marketplace. The post OKX Jumpstart lists Meson Network for BTC and ETH staking event appeared first on Crypto Briefing. Meson Network, a decentralized physical infrastructure network (DePIN) project working to establish a streamlined bandwidth marketplace, is set to launch on OKX Jumpstart. The event is scheduled to commence on April 26, 2024, 6:00 AM (UTC), featuring Meson Network’s native token, MSN. The event will allow OKX users to stake BTC (Bitcoin) and ETH (Ether) to mine MSN tokens in return. Introducing $MSN @NetworkMeson…

MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said. Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion. This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said. MicroStrategy (MSTR) could surprise Wall Street analysts and report better-than-expected earnings if the software company chooses to adopt new accounting standards, a move that means it could qualify for inclusion in America’s most important stock index, the S&P 500, broker Benchmark said in a research report on…

The decentralized Physical Infrastructure Network (DePIN) platform IoTeX, has secured a $50 million investment from a consortium of venture capital firms to accelerate the growth and adoption of its ecosystem. According to information shared with CryptoSlate, the investment round was led by SNZ Capital, Foresight Ventures, FutureMoneyGroup, Borderless Capital, and others, with the funds being allocated towards long-term staked IOTX, the native token of the IoTeX network, as well as investments in DePIN projects building on the platform. The IoTeX platform aims to connect smart devices and real-world data to blockchains, enabling developers to integrate Web3 technology into everyday life.…

The digital assets sector sees increased market activity following the recent Bitcoin (BTC) halving. Non-fungible tokens (NFTs) witness revitalized interest as blockchain gaming scores significant developments. A renowned blockchain gaming network, Immutable (IMX), revealed a groundbreaking update about its wards program as the market awaits a steady bull run. The Immutable Ecosystem’s Main Quest is the largest web3 gaming rewards program ever.With up to $50M in rewards prepared for all players and more to be announced, the Immutable Ecosystem Rewards program offers players incentives for exploring games in the expansive Immutable… pic.twitter.com/Agh3nJ37bE — Immutable (@Immutable) April 25, 2024 Immutable’s massive…