Author: NBTC
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…
The GameHub has announced the locking of their entire liquidity pool (LP) of GHUB tokens for a full year using FlokiFi Locker. This development marks another milestone for Floki’s crypto locker protocol, showcasing its increasing appeal among digital asset projects. In another strong sign of the accelerating adoption of #Floki’s crypto locker protocol, #FlokiFi Locker, The GameHub has locked their entire liquidity pool (LP) of $GHUB tokens for a full year!@TheGameHubXYZ is a project on the Ethereum blockchain, building an all-in-one crypto… pic.twitter.com/Az75KRJ1kA — FLOKI (@RealFlokiInu) April 3, 2024 The GameHub, a pioneering project on the Ethereum blockchain, is constructing…
While the answer to the question of whether there will be a big rise in Ethereum, which has been in a downward trend lately, continues to be sought, whales continue to accumulate ETH. Although whales continued to accumulate, another ETH move came from FTX and Alameda, which transferred ETH before significant price drops. According to Spot on Chain’s post, FTX and Alameda Research deposited another 4,500 ETH (worth $14.4 million) to Coinbase and Binance during the day at approximately $3,207. Whales Accelerated Ethereum Purchases! While FTX and Alameda continue to dump ETH, Tron (TRX) founder Justin Sun and whales, who…
Bitcoin’s price on Monday, March 11, 2024, shows a bullish trend is undeniably in the air. The day unfurled with bitcoin dancing between $67,785 and $71,837, revealing a bullish sentiment amidst traders. This swing is underpinned by a robust market capitalization of $1.4 trillion, with a notable 24-hour trading volume of $48.50 billion. Bitcoin Our journey through bitcoin’s (BTC) oscillators reveals a mixed bag of neutral and bullish signals, with the relative strength index (RSI) brushing close to overbought territory at 79. Yet, it’s the moving averages (MAs) that paint a clearer picture of bullish conviction. Across various time frames,…
The cryptocurrency community is abuzz with speculation as two separate transactions involving a significant quantity of Ethereum (ETH) were offloaded to Coinbase, one of the leading cryptocurrency exchanges. The transactions, each amounting to a staggering 10,911 ETH, raised questions and sparked speculation about the motives behind the move and its potential implications for the broader market. Crypto data tracker WhaleAlert reports two transactions, each labeled “10,911 ETH worth $33,986,479 transferred from an unknown wallet to Coinbase.” The two transactions occurred within the last 24 hours, with each transferring the sum of 10,911 ETH to Coinbase’s wallet address. 🚨 🚨 10,911…