Author: NBTC
Trump-based politiFi tokens rallied ahead of the United States election with some posting gains over 120% in the past 24 hours. MAGA Hat (MAGA), MAGA (TRUMP), Doland Tremp (TREMP), Super Trump (STRUMP), TrumpCoin (DJT) and other meme coins themed around former U.S. president Donald Trump saw significant gains as the overall market cap of PolitFi coins rose 5.4% bringing it to over $685 million in valuation. Meanwhile, Kamabla (KAMABLA) was the only meme coin spun around Vice President Kamala Harris to see a positive day. KAMABLA surged 32.7% over the past day with an intra-day high and low of $0.00078…
Big Time Studios, a player in Web3 gaming and the creator of Big Time, has unveiled its newest product: the OL token. With the Open Loot platform already handling nearly $500 million in transactions, the introduction of OL sets the stage for a new era of engagement, rewarding the very players and developers who fuel its success. A Token for Engagement, Not Speculation Unlike traditional token launches, which take a fundraising-heavy approach, Big Time Studios is flipping the narrative. The OL is designed to prioritize the community above all. By rewarding activity and participation, OL becomes a tool for empowerment…
MicroStrategy co-founder Michael Saylor wants to have a conversation about Bitcoin with Microsoft CEO Satya Nadella, according to a recent social media post. Saylor has pitched Bitcoin as a trillion-dollar opportunity for Microsoft. As reported by U.Today, Microsoft shareholders are expected to vote on a proposal regarding the assessment of the viability of adding Bitcoin to the company’s balance sheet. The long-shot proposal, which has been floated by a conservative think tank, has already been rejected by Microsoft’s board. The think tank advertised Bitcoin as an inflation hedge that could protect the company’s assets. However, Bitcoiners still see the fact…
The Shiba Inu (SHIB) burn rate has displayed an unusual anomaly in the past 24 hours. After a landmark rally in the past week, the last time any SHIB entered the burn wallet was two days ago. Per data from Shibburn, 0 Shiba Inu have been incinerated in the past 24 hours in what appears to be a major cool-off period for the community. Shiba Inu and community contribution The past 24 hours have been largely uneventful in the Shiba Inu ecosystem, with prices down and no token burnt. According to the current outlook, the total SHIB burnt in 24…
Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its consolidation period, many wonder if the next leg up is around the corner. Comparing Bitcoin Cycles To begin, it’s crucial to look at how Bitcoin has performed since hitting its recent cycle low. As we examine the data, a clear picture begins to form: Bitcoin’s current price action (black line) is showing patterns similar to previous bull cycles. Although it…
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices. Here are five major token unlocks to keep an eye on next week. Cardano (ADA) Unlock date: November 6 Number of tokens unlocked: 18.53 million ADA Current circulating supply: 35.74 billion ADA Cardano focuses on sustainability, security, and scalability for decentralized applications and smart contracts. On November 6, the network will unlock over 18 million ADA, allocating these tokens to staking and the treasury fund reserve. This action strengthens the staking ecosystem…
As reported by U.Today, Microsoft shareholders are gearing up for a big December vote on a proposal to diversify the company’s balance sheet, by including major cryptocurrency Bitcoin (BTC). This development is generating interest in the space as crypto enthusiasts consider the implications of such a decision. Anthony Pompliano has reacted to the news, indicating that Microsoft’s consideration of Bitcoin comes from a broader recognition that holding cash in dollars may not be sustainable long term. The cryptocurrency is becoming more and more attractive as a digital store of value, says the entrepreneur, as more entities look for ways to…
Kaal Dhairya, a top developer in the Shiba Inu ecosystem, suggests that SHIB is the number one ERC-20 token on the Ethereum blockchain. According to Dhairya, Shiba Inu is the top-ranked ERC-20 token on Ethereum in terms of market capitalization. The developer excluded stablecoins like USDC and USDT, which are also ERC-20 tokens, due to their presence on multiple blockchains. However, Dhairya contended that Shiba Inu has remained loyal to Ethereum since its launch, attracting significant value to the blockchain. The accompanying chart shows that Shiba Inu had a valuation of $10.39 billion. 🚨 FACT: If you exclude $USDC and…
A well-known market expert recently shared a comprehensive chart predicting when Bitcoin (BTC) might reach its peak price for this cycle. Market analyst EGRAG suggests that the next price peak for BTC could occur in mid to late 2025. Interestingly, he based this projection on an analysis of four Bitcoin cycles and Fibonacci retracement levels to gauge how BTC has behaved after breaking major resistance levels. Bitcoin Cycle Analysis Notably, data from the chart shows that the first cycle took place between 2011 and 2013. EGRAG identified that after Bitcoin closed one full-body candle above the Fibonacci 1 level, it…
Eric van Miltenburg, SVP of Strategic Initiatives at Ripple, says the company’s vision is to enable the Internet of Value. Miltenburg says this vision comes from the idea that value can move as easily as data on the internet. On the Thinking Crypto podcast, Miltenburg said Ripple’s creators started the project to enable value interoperability. He explained that the blockchain solution allows value to move as efficiently as physical goods and data. Miltenburg believes blockchain technology is still in its early stages, including Ripple and its solutions. He mentioned some of the initiatives he and the Ripple team are working…