Author: NBTC
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In boardrooms across corporations, a quiet revolution is underway as executives and creative teams find new ways to utilize unique blockchain-based tokens in their marketing strategies. Dubbed digital collectibles—a term aimed at simplifying the concept for consumers—non-fungible tokens (NFTs) are being seamlessly integrated into products of major corporations to breathe new life into both virtual and physical customer experiences. You might also like: NFTs will remain a permanent fixture in society | Opinion Long gone are the…
Dog-themed cryptocurrency Shiba Inu (SHIB) experienced a staggering surge of 198% in whale activity, marking the return of large investors known as whales. This epic comeback has captured the crypto community’s attention, fueling speculation about the factors driving this sudden influx of whale activity and its implications for SHIB’s price trajectory. According to IntoTheBlock data, large transaction volume, which estimates the total amount transacted by whales daily, has increased by 198.92% in the last 24 hours. Following days of steady declines from highs of 62.92 trillion SHIB on March 5, large transaction volumes fell to 5.74 trillion SHIB on March…
Within the last 24 hours, the market witnessed a significant rally in the Bitcoin price, which soared by 10% from a daily low of $60,805 to a peak of $68,250. This remarkable price movement can be attributed to several key factors, including yesterday’s Federal Open Market Committee (FOMC) meeting, a notable change in the Coinbase Premium, and Bitcoin’s technical breakout from a downtrend channel. #1 FOMC Meeting: Dovish Remarks By Jerome Powell Fuel Optimism As reported yesterday, the macro environment came back into focus for Bitcoin and crypto following the hotter than expected Consumer Price Index (CPI) and Producer Price…
zkLink, a Zero-knowledge Layer 3 framework provider, has introduced a 20,000,000 $ZKL grant project for backing builders creating on zkLink. This grant project encourages inventiveness and improvement in the zkLing ecosystem by offering financial backing targeting builders engaged with projects that utilize zkLink’s technology. Grants will be released depending on the effect of the projects, their technical viability, and being in sync with zkLink’s aim for furthering privacy and upgradability in blockchain technology. According to the founder and CEO of zkLink, Vince Yang, their priority is to strengthen builders to unveil their expertise in creative aspects and boost inventiveness in…
After some no good, very bad days for Bitcoin that saw the world’s oldest and largest cryptocurrency sink below $62,000, BTC has come surging back. BTC rose as high as $68,120.08 early Thursday morning. By mid-morning the Bitcoin price had settled to $66,828.32 after having gained 6% in the past 24 hours, according to CoinGecko data. It’s still not quite level with its price from a week ago—but then it was this time last week that Bitcoin soared past $73,000 to set a new all-time high. Crypto prices tanked at the start of the week, due in part to some…
Vet, an outspoken DUNL validator on the XRP Ledger (XRPL), has debunked claims that the upcoming automated market maker (AMM) could provide passive income to XRP holders. The XRPL ecosystem is currently anticipating the arrival of the automated market maker feature, slated for March 22. Amid the growing anticipation, reports have emerged on the prospect of securing a passive income opportunity with the AMM. However, some of these reports have erroneously suggested that the XRP proponents could actually secure this passive income opportunity by merely holding their tokens. The vet recently took X to debunk these claims and clarify the…
Bitcoin (BTC) has made recent unsuccessful attempts to breach the $70,000 mark, leaving the market speculating about the next price trajectory, especially with the upcoming halving event less than a month away. While there is optimism that the halving will trigger another bullish rally, there remains a segment of the market that is not entirely convinced. In particular, crypto trading expert, Alan Santana, in a TradingView post on March 20 outlined potential correction targets for Bitcoin, shedding light on what could be in store for the maiden crypto. The analyst noted that the recent correction that saw Bitcoin touch the…
Decentralized exchange PancakeSwap has announced PancakeSwap V4 and a CAKE airdrop campaign to celebrate it. According to the press release, PancakeSwap is conducting a $3 million CAKE airdrop to incentivize both current users and newcomers to explore the benefits of the upgraded platform. Notably, the airdrop is available on a first-come, first-served basis. Reducing Fees The team noted that PancakeSwap V4 has brought “a plethora” of technical advancements and features. They aim to enhance efficiency, reduce costs, and streamline the trading experience. The features include the implementation of a new contract architecture for pools. In previous versions, each pool was…
Layer-1 blockchain NEAR’s native token (NEAR) has nearly doubled since March 5, ahead of Nvidia’s annual conference (NVDA) that continues to drive growth in AI-related tokens. Near’s success is reflected in the crypto AI market, with companies such as Fetch.Ai (FET), The Graph (GRT) and SingularityNET (AGIX) recording gains of over 30% over the past week, according to CoinMarketCap. The CoinDesk 20 Index (CD20) rose 9.18% over the same period. The rise was also boosted by Bitcoin’s all-time high of $72,446 on Monday. Adding to the bullish sentiment, cryptocurrency venture capital firm DeFiance Capital’s CEO Arthur CHEONG wrote in a…
In cryptocurrency, especially Bitcoin, wallet activity often indicates market sentiment and price movements. Bitcoin wallet activity has dropped in the last 10 days. This has traders and analysts talking and speculating. This trend may worry new investors, but historical data suggests a deeper meaning. The number of Bitcoin non-zero coin wallets has dropped by -311,000, according to Santiment data. This drop means fewer people are trading Bitcoin, which can be scary for beginners. History shows that wallet activity drops during market FUD (fear, uncertainty, and doubt). 👋🐟 Over the past 10 days, a net difference of -311K total non-0 coin…