Author: NBTC
Ripple co-founder Chris Larsen has puzzled the community with another series of XRP transfers that took place on Monday. The 64-year-old billionaire sent 3 million XRP tokens to Binance and 15 million tokens to a Bittrex-activated wallet. The recent transfers have baffled the XRP community, with many speculating about their intended purpose. Some community members have half-jokingly speculated that he might want to buy another Porsche supercar. Larsen is known for his automotive swagger. Last year, the Ripple co-founder attracted some social media attention with his Porsche 918 Spyder, the modern-day Porsche icon whose owners are expected to pay seven…
Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week’s fear-inducing plunge. The largest crypto’s price was nearing $58,000 late in the U.S. trading session, up 1.7% in the past 24 hours and higher by nearly 10% from last Friday’s low. Ether (ETH) and solana (SOL) each advanced 1.5% over the past day. Toncoin (TON), Artificial Superintelligence Alliance (FET) and Internet Computer (ICP) were the biggest gainers among altcoin majors, advancing 5%-8%. The broad-market benchmark CoinDesk 20 Index climbed 1.3% to 1,835, with 16 out of its 20 constituents advancing during the day. Chances…
DeFi grows further with a value of more than $8.4B locked in different blockchain solutions. The most represented blockchains are Ethereum, Tron, Solana, BNB Chain, and Base, which account for a considerable share of the total value locked (TVL). According to information from DeFiLamma, the new entrants are joining the competition for the higher TVL. ⚡️ Top Blockchains by Total Value Locked (TVL) The overall value of crypto assets deposited in blockchain protocols is about $88.4B @Ethereum, @TronDAO, @Solana, @BNBchain, and @Base are among the leaders, according to the data from @DeFillama. $ETH $TRX $SOL $BNB #Base… pic.twitter.com/83auDnFuIt — 🇺🇦…
VeChain (VET) has been tipped to redefine Web3 by converting sustainability to profitability through the involvement of institutional investors. In a recent discussion with Drapers Associates founder Tim Draper, VeChain’s CEO Sunny Lu disclosed to have spotted similarities in principles concerning the financial productivity of Non-Profit Organizations. VeChain’s (VET) insatiable quest to redefine the Web3 ecosystem through positive, sustainable practices was the topic of a recent meeting between CEO Sunny Lu and Draper Associates founder Tim Draper. In the 43-second video shared by VeChain, Sunny Lu disclosed that Draper shares a similar value with his blockchain platform in terms of…
Bitcoin’s price has been trending lower since the last week of August, breaking below multiple support levels. Yet, it’s currently showing signs of a possible rebound, as the asset jumped by more than four grand yesterday. Could there be more bullish moves on the horizon? Technical Analysis By Edris Derakhshi The Daily Chart The daily chart demonstrates that the BTC price has dropped since getting rejected from the 200-day moving average, located around the $64K resistance level. Several support levels have been lost since, and the price has dropped to just over $52K. The market has rebounded slightly from that…
Carrot Swap, a DEX operating on the Neo X blockchain, has officially migrated its incentive system from TestNet to MainNet. The program encourages early adopters by allowing them to complete various missions and accumulate points that can later be redeemed for rewards. The incentive structure encourages users to engage both socially and through the DEX itself. Participants can earn points by completing tasks like connecting their X/Twitter account, following Carrot Swap’s official X/Twitter page, joining the Discord community, and referring friends. In addition to social actions, users can also earn points by providing liquidity on the platform. Users’ progress is…
The pseudonymous marketing lead of the SHIB team known as Lucie has published a tweet to announce that Shibizens have been excited recently about a “groundbreaking project” that is being widely discussed. However, nobody really seems to know for sure what it will be. Still the Shiba Inu community is buzzing with excitement. “Something big is coming” Lucie stated that Shibizens have been discussing a “mysterious message” about a “groundbreaking project”, saying that “something big is coming.” The SHIB marketing lead said that the air is filled with speculation, however, nobody knows for sure what this revolutionary project will be.…
Alchemy Pay has announced the integration of its Ramp Solution API with Cocos SDK, marking a significant development in the blockchain gaming sector. This collaboration aims to facilitate seamless fiat payments within blockchain games, allowing developers and players to bridge the gap between traditional gaming and GameFi ecosystems. 🙌Excited to share that #AlchemyPay’s Ramp Solution API is now featured on Cocos SDK!Leveraging Alchemy Pay’s expertise, @CocosStudioWeb3 will support developers to integrate fiat payments into blockchain games, bridging traditional gamers and #GameFi!https://t.co/ZRJzh2o2LI… pic.twitter.com/zDDyhP98c7 — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) October 22, 2024 Alchemy Pay’s Ramp Solution API, now available on…
Bitcoin price breaks above the daily resistance level at $56,000, hinting at some modest signs of recovery after last week’s sell-off. US spot Bitcoin ETFs recorded a mild inflow of $28.60 million on Monday, breaking a streak of outflows that was underway since August 27. On-chain data shows a sign of recovery, with BTC’s long-to-short ratio above one and rising holdings of stablecoins on exchanges. Bitcoin (BTC) trades just above $57,000 on Tuesday after gaining almost 4% on Monday, buoyed by mild ETF inflows, increasing whale buying activity during price dips, a long-to-short ratio above one, and increasing stablecoin holdings…
XRP community pundits speculate that the XRP price could clinch $1 million if a drop of XRP ever equals the value of 1 RLUSD, the upcoming Ripple stablecoin. These speculations emerged on the back of an attempt at satire by Vet, an outspoken dUNL validator on the XRP Ledger (XRPL). With Ripple confirming that the RLUSD stablecoin is only weeks from launching, Vet recently took to social media to humorously suggest that its value equaling $1 would be a “big” development. Being pegged to the dollar, the RLUSD is expected to be worth $1 at all times. Vet’s sarcastic commentary…