Author: NBTC
Input Output Global (IOG) publishes its latest weekly development update, highlighting impressive performance from Cardano and progress made by the different teams within the ecosystem. According to the latest report, Cardano witnessed significant growth across different metrics, including total transactions, native tokens, and token policies. Every Friday, we publish our weekly #Cardano development update. So for the lowdown on what IOG’s dev team has been working on last week, head on over and take a look👇https://t.co/ep0CGSPm1p — Input Output (@InputOutputHK) July 5, 2024 Cardano Witness Growth in Network Activity Cardano now boasts a total transaction of 93.3M, up 0.43% from…
Amid Bitcoin’s (BTC) ongoing consolidation just below the $60,000 mark, technical analysis and historical price movement hint at an imminent high for the cryptocurrency. Notably, Bitcoin’s ‘blue year’ structure guides the timing of the upcoming peak, suggesting that history might already have offered clues for the next peak. In this line, according to crypto analyst CryptoCon in an X post on August 15, the ‘blue year’ refers to a specific year within Bitcoin’s four-year halving cycle, characterized by a repeating pattern of price movements. Each ‘blue year’ has typically seen two significant highs and two periods of sideways price action.…
Andrew Tate is now allowed to leave Romania while he awaits trial for charges for alleged human trafficking, rape, and forming a criminal gang to sexually exploit women. The controversial influencer then announced a world tour for DADDY, the Solana token he’s been promoting in recent weeks. According to NBC News, The Bucharest Tribunal ruled that the former kickboxer can leave the country but must stay within the European Union (EU), after being arrested in December 2022 alongside his brother Tristan. “I am free,” Tate wrote in an all-caps Twitter post. “For the first time in 3 years, I can…
Bitcoin (BTC) highly capitalized investors known as “whales” are showing growing optimism at current prices, buying and accumulating the cryptocurrency. These whales accumulated nearly $240 million worth of Bitcoin this week, signaling a bullish bias to BTC price moving forward. Most recently, a new Bitcoin wallet address withdrew 533.5 BTC from Binance, worth $31 million, according to SpotOnChain‘s post. This investor moved the likely purchased assets at an average price of $58,188 per BTC after a notable crash. In this context, SpotOnChain reported that other “fresh whales” have shown a similar accumulation behavior this week. “Fresh whales” are recently created…
Cardano founder Charles Hoskinson has responded to the claims from famous crypto commentator Ben Armstrong, aka BitBoy, who asserted that ADA has lost institutional appeal. On Tuesday, Armstrong took to X to reemphasize his position that ADA is a “dead” crypto asset. Specifically, he asserted that Cardano is no longer seen as a worthy acquisition by venture capitalists, which he believes, by extension, will lead to the death of ADA as a legitimate investment. Meanwhile, BitBoy clarified that the view does not mean ADA cannot yield returns for holders in this cycle. Instead, he noted his belief that Cardano could…
A widely followed crypto analyst says that the chart of the market cap for most digital assets is flashing a bullish signal against Bitcoin (BTC). Crypto trader Michaël van de Poppe tells his 723,100 followers on the social media platform X that the TOTAL3 chart appears gearing up for a breakout against the top digital asset by market cap. The TOTAL3 chart tracks the market capitalization of all crypto assets excluding Bitcoin, Ethereum (ETH) and stablecoins. “The only chart to watch. TOTAL3/BTC looks absolutely great, with a massive bullish divergence. This indicates that altcoins are on edge for a big…
Polygon has been at the heart of asset tokenization, with Sygnum Bank tokenizing private and debt markets, while Hamilton Lane and Apex Group have offered DLT-registered shares. Bitcoin Suisse has issued a tokenized bond on Polygon, while Franklin Templeton debuted its tokenized money fund backed by US Treasuries in 2022. The tokenization of real-world assets has emerged as one of blockchain technology’s biggest applications, with trillions of dollars expected to be brought on-chain by 2030. Polygon is at the heart of this revolution, with some of the world’s pioneer tokenization projects being powered by the Ethereum layer 2 network. 21.co,…
Michael Saylor’s business intelligence company MicroStrategy has once again proven the durability of its Bitcoin investment strategy. The company’s Bitcoin holdings recently hit a valuation of $13 billion, and it has maintained this noteworthy level in spite of the recent market correction. Even in the face of market volatility, this stability suggests that MicroStrategy’s strategy for acquiring and holding Bitcoin is working. An important aspect of MicroStrategy’s investment approach has been the company’s journey to a $13 billion Bitcoin portfolio — consistently buying and amassing Bitcoin over time. MicroStrategy kept adding to its holdings during market corrections, taking advantage of…
New Appointments for the Tangle Community Treasury TL;DR:We present the community-verified results of the two Shimmer network governance votes on the Tangle Community Treasury, held between June 17, 2024, and July 2, 2024. Shimmer token holders have successfully elected new members for the Tangle Treasury DAO – the entity responsible for the Treasury – and the Shimmer Grant Committee. Earlier in June, we asked Shimmer token holders to vote again on two proposals for the Tangle Community Treasury that had failed to reach the minimum voter participation necessary in an earlier round. These proposals were: A new Program Lead for…
As the cryptocurrency market faces uncertainty, Michael Saylor, chairman and cofounder of MicroStrategy, has issued a Bitcoin message expressing his belief in the crypto asset. In a tweet, Saylor declared, “Bitcoin is the Future,” signaling his continued confidence in Bitcoin’s long-term potential despite short-term price swings. Saylor’s statement comes at a time when Bitcoin has seen significant volatility. BTC fell for two days straight before rising in today’s trading session. #Bitcoin is the Future. pic.twitter.com/OwwRzzBZau — Michael Saylor⚡️ (@saylor) August 16, 2024 Much of the decline occurred after the latest (July) U.S. consumer price index (CPI) data was released late…