Author: NBTC
The ongoing bull rally, led by Bitcoin’s recapture of the $66K price point, has positively impacted the gaming token sector. Among the top-performing crypto assets in this market is Immutable (IMX), a layer-2 scaling solution for NFTs on Ethereum that powers a range of blockchain games. At its current price of $1.62, IMX has grown 12% in the last 24 hours alone. While today’s gains further elevate its one-week performance to a substantial 23% increase, IMX has not fully recovered from the loss it incurred over the last 30 days. Swiftly following IMX in recent price performance is BEAM, which…
BitGo co-founder and CEO Mike Belshe recently shared insights on various aspects of the cryptocurrency industry and BitGo’s latest projects during a Thinking Crypto podcast episode. Belshe asserted that “crypto is an unstoppable and a major political force” and provided updates on the evolving crypto landscape. The CEO also revealed that BitGo has been actively expanding its team and initiatives to align with current crypto market trends, including the launch of Go Network. This new platform facilitates post-trade settlements within qualified custody, addressing a critical need for institutional clients in the cryptocurrency space. Belshe explained that while self-custody solutions suit…
Cryptocurrency analysis company Santiment announced in its statement the altcoins that developers focus on most in the Solana ecosystem, which has continued its rise recently, especially with memecoins. While creating the list, analysts examined the developers’ activities over the last 30 days. As expected, SOL, the main coin of the Solana ecosystem, ranks first on the list with a developer score of 74.57. However, SOL was not at the top of the previous month’s list. Instead, the Jupiter (JUP) token was ranked first. In the last month’s list, JUP fell to second place. Here are the altcoins and developer scores…
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with government fiat money, which he describes as “debt-based.” Kiyosaki emphasized that rules-based money increases wealth, while debt-based money diminishes it. “Hang on tight as bitcoin lifts off into the ‘Banana Zone,’” he said. Robert Kiyosaki Buys Bitcoin Every Month Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad,” has disclosed his continuous dedication to investing in bitcoin, stating that he increases his holdings…
Main Takeaways: Binance Labs has invested in Particle Network, the leading L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3. With Particle Network’s Chain Abstraction infrastructure, users can maintain a single account and balance across the entire ecosystem, eliminating the need for manual bridging or asset management across multiple chains. Binance Labs, the venture capital and incubation arm of Binance, has invested in Particle Network, the leading L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3. The number of blockchain networks is rapidly increasing, with a…
Cryptocurrency trading platform Gemini recently highlighted XRP’s stunning price growth. “Rise and vibe XRP fam,” the exchange giant said in a post on the X social media platform. The exchange has noted that the price of the Ripple-linked cryptocurrency has surged by roughly 30% over the past week. XRP’s massive rally Earlier this Wednesday, XRP surged to a year-to-date peak of $0.632, according to CoinGecko data. With its double-digit price jump, it has outperformed virtually every other major altcoin in the top 10. As reported by U.Today, the Ripple-affiliated token recently started experiencing elevated levels of FOMO. With that being…
A wallet inactive for six years moved 1,000 BTC to Coinbase early Friday. The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market. Volatility may rise later Friday following the release of the Fed’s preferred inflation gauge. Out of the blue, a whale wallet that had been inactive for six years sprung to life early Friday, moving bitcoin {[BTC}} to Coinbase as the leading cryptocurrency faded the spike above $62,000. The crypto wallet identified as 12EMDoUhaNCuWZeeT6ey61AkjKyzmjV2m3 deposited a substantial 1,000 BTC, valued at over $61 million, to Coinbase Pro, according to data tracked…
Layer3 token drops 13% amid declining trading volume and market sentiment. Recent $15M Series A funding led by ParaFi and Greenfield Capital. Layer3, a token distribution protocol, has experienced a notable drop in market sentiment, with its native token L3 declining by 13% in the past 24 hours and trading volume falling by 36%. Despite this downturn, Layer3 has recently announced a strategic partnership with Immutable, which praised the protocol as “trusted by over 4 million users worldwide and the exclusive partner for Immutable’s game quests.” One month ago, Layer3 successfully raised $15 million in a Series A funding round,…
On-chain data reveals an interesting trend among XRP mega holders, in this context referring to addresses that own more than 100,000 XRP tokens. These large holders, described as “whales” and “sharks,” have been quietly increasing their holdings as the XRP price consolidated before its current breakout. Data from on-chain analytics firm Santiment highlights a growing trend of accumulation among large XRP holders, as these entities, holding at least 100,000 XRP coins, have been steadily increasing their holdings since last August. Santiment observed a noticeable turning point in supply accumulation since this period. Following the historic ruling in the Ripple-SEC lawsuit…
According to cryptocurrency analytics platform Lookonchain, a long-dormant wallet has sprung back to life after six years in order to deposit 1,000 BTC ($61.55 million) into Coinbase Prime just hours ago. The latest transfer comes after a few other notable Bitcoin transactions that took place earlier this week. As reported by U.Today, the US government recently sent roughly $241 million worth of Bitcoin to Coinbase on June 26. Despite some concerns from the community, the transfer did not trigger a significant price move. On July 27, an extremely rare transfer took place, with $3 million worth of Bitcoin that was…