Author: NBTC
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…
Bitcoin (BTC) recently recorded a new all-time high above the $72,000 price territory today due to a confluence of bullish factors in its price discovery phase. The crypto bull market is already taking full swing as Bitcoin slips into its price discovery phase after breaching the previous cycle’s all-time high. Amid this phase, BTC has continued to record new ATH values, surpassing previous expectations. However, one of Bitcoin’s most substantial price surges came up today as the asset pushed above the pivotal psychological resistance threshold at $72,000, surging to a new all-time high of $72,226 earlier today. Despite facing a…
As it prepares for an upcoming Bitcoin Runes airdrop for holders, longtime Ethereum NFT project CyberKongz is gearing up to reward its Prometheans Ordinals holders—while also aiming to attract and onboard a new audience from ETH to Bitcoin. Launched ahead of the Runes token protocol, CyberKongz’ recent Ordinals collection has generated ample hype ahead of the promised token drop to holders. And this week’s launch of the Runes token DOG•GO•TO•THE•MOON suggests a potential trajectory for the rollout. Holders of Runestone Ordinals assets received an airdrop of the Runes meme coin DOG•GO•TO•THE•MOON on Wednesday. DOG quickly notched nearly twice the volume…
Ethereum (ETH) price opened trading at $3,140 on April 25, as the pioneer smart-contract network begins to show early signs of an imminent recovery phase. On-chain data trends show ETH investors’ reaction to the Bitcoin halving could be pivotal to the next rally. Is Ethereum price on the verge of revisiting $3,500? Investors Stake ETH $620M Worth in 5-days The Bitcoin network executed its 4th Halving on April 20, sparking wild volatility across the global crypto markets as investors move to front-run potential gains from the landmark event. Since the Bitcoin halving, Ethereum price has struggled for momentum amid falling…
Movement Labs, a blockchain company that aims to bring Facebook’s Move Virtual Machine to Ethereum, has secured $38 million in a Series A financing round led by Polychain Capital. The firm was founded by Rushi Manche, 22, and Cooper Scanlon, 24 – Vanderbilt college dropouts who say they are on a mission to “make blockchain security sexy” with the launch of Movement L2, their new layer-2 Ethereum blockchain based on the Move programming paradigm. Manche said he got interested after reading an article a few years ago, when he was still in college, about Facebook’s efforts in the blockchain space.…
The official Shiba Inu X account sends a “huge shoutout” to the Shibarium gas token Bone ShibaSwap (BONE) for becoming the favorite crypto by people’s choice. According to the X post, BONE ranked as the number 1 people’s choice crypto asset on top crypto analytics platform Coinpedia Markets after receiving the most votes in a recent popularity contest conducted by the platform. In the contest, which was between BONE and Baby Doge Coin (BabyDoge), the analytics platform urged its followers to vote for their favorite crypto between the meme-based tokens. Which is Your Favorite Crypto? 🚀#BabyDoge or #BONE Voting starts…
MetalCore, an upcoming mech shooter built on Ethereum gaming network Immutable zkEVM, has announced a collaboration with the Mon Protocol associated with fellow Immutable game Pixelmon, with plans to integrate in-game quests that let players earn MON token rewards. As part of the collaboration, MetalCore players will be able to complete special quests to earn MON tokens, the default currency used to buy and sell digital in-game assets on Mon Protocol’s mission platform. MetalCore is currently in closed beta, with an open beta launch previously targeted for May. A representative for MetalCore developer Studio369 could not confirm when the MON-earning…
After several test runs, Bitcoin (BTC) has officially smashed through its all-time high and is now threatening to leave previous prices in the dust. As a new week begins, the crypto king jumped to as high as $72,211 before dipping to $71,996 at time of publishing. The move has fundamental and technical analysts gauging what’s next. Quantitative analyst PlanB, known for adapting the stock to flow scarcity model to Bitcoin, says the real bull run is about to begin. He’s looking for major fireworks to start once BTC’s halving occurs next month, which will reduce the amount of new BTC…
After a period of consolidation and corrective movements, Ethereum’s price has encountered increased selling activity, leading to a slight decline toward the 100-day moving average. The main question now revolves around whether Ethereum sellers will manage to break below this crucial moving average. By Shayan The Daily Chart A thorough analysis of the daily chart reveals that following an extended phase of corrective retracements, with the price testing the critical resistance region of $3.2K, the market experienced heightened selling pressure, resulting in a slight downturn. Consequently, the Ethereum price is now testing a crucial support level marked by the 100-day…
A federally chartered bank is now offering settlement of US dollars and crypto assets for buy- and sell-side institutions. Crypto-focused Anchorage Digital unveiled its new settlement network, called Atlas, in a Thursday announcement. Atlas has already settled hundreds of millions of dollars in crypto since its “early access launch” earlier this year, the company said. Atlas users can access counterparties that include clients of Anchorage Digital and its Singapore subsidiary. On-chain settlement ensures the assets are not commingled and don’t leave on-chain addresses until settlement occurs, according to the bank. “Atlas participants are not reliant on settlement providers’ books,” a…