Author: NBTC

As the crypto market faces a downturn, George from CryptosRUs discusses several key factors affecting Bitcoin’s current market dynamics in his latest YouTube video. Bitcoin has recently slipped below $65,000. It hit an intraday low of $64,544 after reaching a peak of $66,436. This decline is due to several factors, including significant sell-offs by whales and market volatility. Come, dive in to know who’s disrupting BTC price! Miners – Are They Impacting the Decline? According to George, one of the key reasons for the recent dip is the selling by Bitcoin miners. Data shows that many older wallets, primarily those…

Notcoin collaborates with 1inch and Sign to launch the Triangle startup accelerator. Triangle aims to enhance the Telegram crypto ecosystem and onboard millions to Web3. Notcoin (NOT), a popular mini-game on the Telegram network, recently partnered with 1inch and Sign to launch “Triangle,” a startup accelerator designed to improve the Telegram and TON crypto ecosystems. This accelerator aims to improve the TON user experience, create new tap-to-earn themed games, and build applications that span Web2 and Web3. NOTCOIN, 1INCH AND SIGN LAUNCH TON STARTUP ACCELERATOR Notcoin, a trending Telegram-based game, is collaborating with DeFi veteran 1inch and Sequoia-backed Sign to…

And just as we thought it was over, Montenegro pulls us back in. Do Kwon’s extradition has been delayed yet again by the country’s Supreme Court, local news outlet Vijesti reports. The court announced yesterday that it had postponed his planned extradition to South Korea and will determine if previous High Court and Appellate Court rulings were legal, as per a request “for the protection of the legality” from the Supreme State Prosecutor’s Office. Counting the various reversals, delays, appeals, filings, and approvals that have littered Do Kwon’s extradition journey, there have now been at least 20 back-and-forths since November…

Bitcoin is technically bullish if it holds above previous lows (around $60,000). A break below $56,000 could signal the end of the bull market. Savvy investors, including MicroStrategy, continue to buy Bitcoin. Financial advisors also seek to increase clients’ crypto exposure. Bollinger Bands indicate critical support levels, suggesting potential massive volatile moves. Sideways consolidation doesn’t necessarily mean the end of the bull market. Bitcoin’s price has kept investors on edge, with no clear confirmation of a bull or bear market. Last week, price action remained relatively tame, showing low volatility and a slight bullish relief. As the post below suggests,…

Floki Inu (FLOKI) is among the themed digital tokens stealing the show as enthusiasts await broad market rallies. Meanwhile, the developers have supercharged the FLOKI community with an exciting giveaway. The project announced an upcoming GIF contest, which will see winners walking away with $100 USDT each. FLOKI GIFAWAY ($2,000)$FLOKI is launching an exciting GIF contest with a $2,000 prize pool – 20 winners will receive $100 USDT each!How to Enter:1. Design a new and original Floki-themed GIF.2. Upload your GIF to Tenor and include the keywords ‘Meme,’ ‘Floki,’ and other… pic.twitter.com/JYV46g5keK — FLOKI (@RealFlokiInu) July 11, 2024 The $2,000…

Advisers to the Biden administration recently had a conference call with top crypto stakeholders, including Ripple and Coinbase executives. During the Zoom call yesterday, the crypto stakeholders voiced concerns about the administration’s stringent regulatory policy. Despite the concerns raised, advisers to the Biden administration did not promise any policy changes. White House and Crypto Participants The meeting attendees include notable crypto executives such as Ripple CEO Brad Garlinghouse, Anthony Scaramucci of SkyBridge, Circle CEO Jeremy Allaire, Kraken CEO David Ripley, Uniswap CEO Hayden Adams, and top American businessmen Mark Cuban and Chris Dixon. On the other hand, government representatives include…

The metaverse was meant to herald a bright new future for humanity. With none other than Mark Zuckerberg at the helm, it was supposed to welcome five billion users and grow to $13 trillion, according to researchers at Citi. Unfortunately, it appears that these analysts — and Metaverse cheerleaders — were getting a little ahead of themselves. Zuckerberg’s metaverse division at Meta (formerly Facebook) lost $4.5 billion last quarter alone, adding to its lifetime, $46 billion-and-counting metaverse losses. His flagship metaverse game for adults, Horizon Worlds, is embarrassingly popular with children. Similarly, the crypto metaverse industry — at least when…

Bitcoin has plummeted to under $64,000, its lowest level since mid-May, driven by heightened selling pressure in the market. BTC has mostly traded downwards or sideways after exceeding the $70,000 mark at the start of the month. Since then, the flagship asset has shed more than 10% of its gain during this period. Why is BTC falling? On-chain data reveals that some recent selling pressure originated from Coinbase, the largest US-based crypto exchange. Glassnode data shows that the platform experienced $10 million in spot-selling activity, marking the highest amount within a 10-minute window in a week. Notably, the German government…

The DeFi sector has reportedly seen a decline in terms of total value locked. As per the data on DappRadar, a prominent DeFi tracker, the top-performing DeFi projects of this week include LIDO, Aave V3, EigenLayer, Maker DAO, and Rocket Pool based on TVL. LIDO Dominates the DeFi Realm in Terms of TVL This Week LIDO maintained its position at the top DeFi platform in the case of total value locked. The data revealed that LIDO witnessed a total value locked of up to $25.75 billion. This figure shows a huge plunge of 9.53% over the recent 7 days. On…

The MOCA token launched by Moca Network and Animoca Brands went live today. Moca token holds a total fixed supply of 8.8 billion. Animoca Brands’s subsidiary Mocaverse’s token MOCA went live on Thursday in the Bitget exchange. Moca Network and Animoca brands have partnered in the launch and have stated that the token brings unique utilities to Web3. The Mocaverse’s connected network is called the Moca Network for which $MOCA will serve as the token. The token is currently listed on Bitget’s PoolX for users to stake-to-mine. Additionally, both Animoca Brands and Moca Network have announced airdrops of the token.…