Author: NBTC
It’s often true that digital assets go where Bitcoin leads them, but Pepecoin, BONK and Dogwifhat are overclocking for the meme coin segment. But first, a very necessary disclaimer: Even the most popular meme coins can be extremely volatile. A token that’s up one day can crash to zero the next. Investors should proceed with caution. At the time of writing, Solana meme coin BONK has seen a 7% grain since yesterday. It’s currently trading for $0.00001284—which is 27% higher than it was this time last week. Its $833 million market capitalization makes it the 101st largest coin tracked by…
Bitcoin’s halving is fast approaching—and some are estimating that it could arrive on 4/20. (Yes, you read that right.) Although it can be hard to predict the exact time, CoinGecko—citing Blockchair data—has been showing that the Bitcoin halving could take place on April 20 or April 21. If the long-awaited event does indeed land on the cannabis community’s celebratory “weed day,” it would surely spur lots more memes in an already meme-heavy sphere. But will its price hit its November 2021 all-time high of $69,044? Some in the crypto world are saying that when the halving comes around, the price…
Coinbase, a leading cryptocurrency exchange, announced plans to diversify its execution clients amidst concerns over the dominance of go-Ethereum (Geth). In a Jan. 23 statement on the social media platform X (formerly Twitter), Coinbase Cloud disclosed ongoing evaluations to identify alternative qualified execution clients for its platform while acknowledging the growth being made in the industry. “Alternative execution clients have come a long way, and so we are conducting an updated technical assessment with the goal of adding another execution client to our infrastructure,” Coinbase said. The Brian Armstrong-led exchange added that it will release a formal update on the…
After falling to $38,000, Bitcoin recovered and reached $42,000. At this point, while investors were waiting for the rise in Bitcoin to begin, all eyes turned to the FED’s first interest rate decision in 2024. While dollar, gold, stock market and cryptocurrency investors are closely following this decision, which will determine the first interest rate of 2024, the question of when the FED will start reducing interest rates continues to be important for investors. While it is considered that the January FED interest rate decision will play a critical role in determining economic balances, analysts said that the lack of…
Recently, the Shiba Inu team shared a heartwarming tweet with the SHIB community, which was greeted very enthusiastically. The tweet, which was posted on Feb. 12, 2024, reads: “Love is in the air,” with a love emoji signaling the approach of Valentine’s Day. Love is in the air 💕… pic.twitter.com/SzgUmM7xbg — Shib (@Shibtoken) February 12, 2024 The post was accompanied by an image of a big Shiba Inu mascot bringing together two puppies, suggesting love. Shiba Inu lead Shytoshi Kusama sent out a similar message on the Shibarium Telegram channel: “Love is in their air. Prepare your heart (and your…
The Bored Ape Yacht Club game Dookey Dash is coming back this spring as a free-to-play “Unclogged” version, following last year’s initial NFT-gated rollout—and creator Yuga Labs announced a sizable prize pool for the game over the weekend, along with some other key details. Yuga Labs says that it will offer up at least $1 million worth of prizes for Dookey Dash: Unclogged when it debuts, with a trailer for the game showing ApeCoin imagery around the prizing news. Decrypt’s GG asked Yuga Labs whether the prize pool will indeed be paid out in ApeCoin, but the company declined to…
The world’s second-largest cryptocurrency Ethereum (ETH) continues to face strong selling pressure. In the last 24 hours, the ETH price has tanked another 5% and is currently trading at $2,213 with a market cap of $265 billion. It seems that the ETH price can correct an additional 10% to take support at $2,000. The Spot Ethereum ETF Approval Eleanor Terrett from Fox Business sheds light on the varied opinions and perspectives surrounding the potential approval timeline for an Ethereum ($ETH) Exchange-Traded Fund (ETF). Discussions involve insights from ETF issuers, investment management firms, and sources close to the U.S. Securities and…
Japan’s central bank and the Finance Ministry reportedly had their first meeting to discuss a potential central bank digital currency (CBDC) on Friday. Local outlet NHK News reported that executives from relevant ministries and central bank directors discussed issues regarding a CBDC. The Ministry suggested that a central bank digital currency should work alongside private cashless businesses, prioritizing convenience and personal data protection in design. Officials from the Cabinet Office and National Police Agency were present at the meeting, per Ledger Insights. Representatives from the Fair Trade Commission and Personal Information Protection Commission also attended. CBDC is digital money issued…
MicroStrategy recently revealed that they had acquired an additional 3,000 BTC this month, bringing its Bitcoin holdings to 193,000 BTC. Interestingly, BTC’s recent price surge caused these holdings to cross the $10 billion mark, with the software company currently sitting on a tremendous amount of unrealized profits. MicroStrategy’s Unrealized Profit Reaches $5 Billion As disclosed in the company’s filing with the Securities and Exchange Commission (SEC), its BTC holdings have now been purchased for an average price of $31,544. That means that MicroStrategy’s Bitcoin investment is now at an unrealized profit of almost $5 billion, considering Bitcoin is trading just…
Runestone, a Bitcoin Ordinals project spearheaded by pseudonymous NFT historian and Ordinals collector Leonidas, is preparing to launch its first airdrop. The Runestone project is garnering a lot of buzz because of its pedigree—Leonidas says it is a pre-Runes project that will exemplify Casey Rodarmor’s vision for fungible tokens on Bitcoin—but also the potential financial windfall Runestone holders can potentially see once the full Runes protocol comes online after the Bitcoin halving later this year. Runestone Ordinal inscriptions are trading higher on exchanges like Whales Market in anticipation of the event. Despite the limited number of Runestone inscriptions, the current…