Author: NBTC
Bitcoin remains a dominant force in the cryptocurrency industry, accounting for roughly 50% of the entire market of all digital assets combined. It relies on a decentralized network of miners to validate transactions and maintain its security. These miners, using specialized hardware known as mining rigs, play a pivotal role in the functioning of the Bitcoin ecosystem. In this article, we are going to examine the best Bitcoin miners in the market today and explore their main features, including hash rate, power consumption, price, and more. Here are the best Bitcoin miners in 2024: Bitmain Antminer S21 Hyd – Top…
Coinbase’s Ethereum Layer-2 network, Base, found itself at the center of controversy during the celebration of its 1 billionth transaction. The celebration included the release of an NFT, which inadvertently copied the work of digital artist Chris Biron. Base Hits 1 Billion Transaction On November 15, Coinbase-backed Base proudly announced that it had completed 1 billion transactions since its launch in August 2023. This milestone was achieved in just over a year, a remarkable feat compared to established networks like Bitcoin, which took more than 15 years to reach similar numbers. Base’s rapid rise is no surprise. The network has…
The crypto linked exchange-traded funds (ETFs) bonanza continues as the freshly launched Bitcoin (BTC) investment funds printed greed index for another day. Amid the continuous inflow seen over the past few weeks, BlackRock IBIT turns out to be stealing the show here. Bitcoin price has seen a marginal decline over the last 7 days as it failed to retain the crucial $68,000 mark. It seems like BlackRock is buying the BTC price dip to maintain its position of being the leader among all other ETFs. BlackRock’s Bitcoin ETF buying frenzy As per the data shared by SpotOnchain, BlackRock has been…
Paddle Finance has partnered with Kanpai Pandas to deliver a seamless and secure ecosystem for NFT and ERC20 token transactions. This collaboration brings innovative solutions to Kanpai Pandas’ community, including an integrated OTC swap portal and NFT-backed loan features. Paddle Finance has shared this groundbreaking news with the crypto community through its social media platform, X. It’s Official. Paddle and @KanpaiPandas are Partners!Paddle Finance is a non-custodial liquidity protocol for ERC20s & NFTs. Paddle Finance is building an OTC swap portal directly into the Dojo (formerly PPDEX) so that Pandas can swap ERC20s and NFTs amongst each other! This… pic.twitter.com/2ssEItADvd…
21Shares has added staking rewards to its Ethereum Core ETP, rebranding the product as Ethereum Core Staking ETP. Switzerland-based crypto exchange-traded product firm 21Shares AG added staking to its Ethereum Core ETP, renaming the product to 21Shares Ethereum Core Staking ETP. In a press release on Nov. 19, the ETP issuer said that the latest update allows investors to benefit from a potential income stream while maintaining exposure to Ethereum (ETH). Hany Rashwan, co-founder and CEO of 21Shares, said the addition of staking to ETHC is the firm’s latest move to “provide the European market with the most cutting-edge digital…
Lately, there is a lot of talk about crypto taxes, and the case of Germany and its exemption is often mentioned. It is necessary, however, to specify clearly what it is about, because it is not a simple exemption applicable to all crypto taxes. The case of crypto tax exemption in Germany Chapter 23 of the EStG Capital gains on investments in cryptocurrencies How to take advantage of the crypto tax exemption in Germany The other countries The case of crypto tax exemption in Germany As in many other countries, in Germany any capital gains from the sale of cryptocurrencies…
The internet stopped this weekend with the story of Peanut, the squirrel, seized and killed by the New York City. As commotion took over, memecoin traders jumped into the trend with the Solana-based token Peanut the Squirrel (Pnut). In particular, a trader turned a $44,800 Pnut purchase into a $1.4 million sale, profiting $1.3 million. Finbold retrieved data from dexscreener on November 3, spotting this accomplishment. The trader, under the address ‘GmM…9vB’, bought 30 million Pnut for an average of $0.0015 in 10 transactions. So far, the address has sold 25.9 million Pnut at an average price of $0.054 in…
SOAR creator Paul Allen previously built a family social networking app on top of Facebook, which gathered 120 million users. Project Liberty says it is the leading bidder for the U.S. assets of TikTok in the event that they become available. Project Liberty, a decentralized social media offering, is making official what it calls a “deep partnership” with SOAR.com, a series of AI-powered data sharing and social networking portals created by Ancestry founder and serial entrepreneur Paul Allen. Backed by real estate billionaire Frank McCourt to the tune of $250 million, Project Liberty involves creating a publicly accessible database of…
Bitcoin whales are on the rise after new wallets holding more than 100 BTC saw an uptick in the past two weeks, catalyzed by growing prices and positive sentiments. Data from Santiment disclosed this bullish scenario, as the network saw the addition of 297 new Bitcoin whales in 14 days. Notably, an uptick in large Bitcoin holders often precedes an impending price surge. The total number of addresses holding at least 100 BTC surged by 1.93% within this period to 16,338 on Thursday as whales continued to accumulate the premier asset. Notably, this correlated to a Bitcoin uptrend, when BTC…
Ethereum recently demonstrated a significant trading pattern on the charts, reflecting both investor caution and bullish potential. After taking liquidity below a key level, Ethereum’s price action surged, breaking through the resistance area near $2,650, and rapidly approaching a crucial zone around $3,200. The chart reveals a potential resistance zone set between $3,146.95 and $3,210.05, which traders are closely monitoring. – Advertisement – If Ethereum manages to sustain its momentum and decisively break above $3,200, the path could be clear for an advance towards the $3,700 mark. This price point represents a significant resistance area, potentially indicating the upper boundary…