Author: NBTC
The current recovery in the price of Bitcoin (BTC) has triggered another bout of liquidations in the industry. Current data from CoinGlass shows a shift in short traders, with market liquidations coming in at $311.83 million and more than 90,000 traders liquidated overall. The price of Bitcoin at the time of writing is pegged at $66,969.92, up by more than 6% over the past 24 hours. For a digital currency that traded as low as $62,082.55 within the time frame, recording this uptick is a major boost, one that has not favored short sellers. Exactly $98.99 million worth of Bitcoin…
Key highlights: EOS RAM acts less like cryptocurrency and more like computing “infrastructure” – it’s the essential system memory powering apps on the blockchain. To keep RAM availability and prices just right, EOS relies on the Bancor algorithm, the blockchain’s invisible co-pilot keeping supply and demand in harmonic sync. Projects like Defibox proved RAM’s versatility, while cultural NFT habitats and virtual worlds consume ever more of this valuable digital real estate. While many focus on the flashier areas of decentralized finance like NFTs, metaverses, and new blockchain projects, one resource continues to quietly underpin the rapid growth of the EOS…
Many directional traders are carefully considering how Bitcoin’s halving will affect market trends and rethinking their strategies in light of its historical bullish catalyst. The current market may create new issues from that perspective. One could say this Bitcoin cycle is unique. The largest digital asset rose dramatically this quarter and reached an all-time high before halving, which was unprecedented. ETFs Overshadow Bitcoin Halving’s Supply Impact, Suggesting Stable Market Market watchers see Bitcoin’s “halving” as a sign of future bull markets because it slows creation. The halving halves miners’ rewards for verifying transactions and creating blocks. Since miners must sell…
DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has listed FLOKI meme coin on its platform. In a recent post on X, the market maker highlighted it listed FLOKI along with other crypto projects, including Joe (Joe), Milady Meme Coin (LADYS), and IoTeX (IOTX). Good news OTC traders! Joe (Joe), Milady Meme Coin (LADYS), $FLOKI (FLOKI), IoTeX (IOTX) are officially listed on Liquid Markets.The trading pairs available are:-JOE/USDT (@TraderJoe_xyz)-LADYS/USDT (@miladymemecoin)-FLOKI/USDT (@RealFlokiInu)-IOTX/USDT (@iotex_io)Full… pic.twitter.com/HWM4QnUbFT — DWF Labs (@DWFLabs) March 12, 2024 According to the announcement, the listed cryptos will be available for trading, each paid against…
Seedify, a famous Web3 launchpad and incubator, has started an exclusive partnership. As per its official announcement on X, the company is collaborating with Polygon (a PoS blockchain) to expand the development in the Web3 sector. In its post on the social media platform, the firm noted that the collaboration will offer several beneficial things. The cooking never stops here… and we got a feeling you’ll like this dish 😉@0xPolygon and Seedify are joining efforts to power up web3 development ❤️🔥Here’s what this synergy brings to the table:🔷 Seedify can connect with Polygon Ecosystem for possible launches and… pic.twitter.com/Daue8BBbtU —…
Old school commodity trader Peter Brandt has made a point of responding to those traders and crypto holders who believe that, at the moment, flagship cryptocurrency Bitcoin is undergoing a big correction after surging to an all-time high of $73,750 last week. Between March 14, when the historic peak was reached, and March 20, the decline constituted 16.64% as Bitcoin landed at $61,520. Still, Brandt tweeted that he does not believe this to be a big correction. “I don’t see a correction,” Peter Brandt says Brandt stated that he has zoomed out to take a more general look at the…
Leading trading platforms Coinbase, Binance, Robinhood, Cumberland and Wintermute received over 6.84 trillion Shiba Inu tokens as the cryptocurrency’s price continues to consolidate around $0.00003. Shiba Inu is one of the most actively traded cryptocurrencies and has surpassed other major altcoins in volume during periods of peak market activity. However, even in periods where Shiba Inu’s price remains relatively flat, the cryptocurrency maintains a decent trading volume, with millions of dollars flowing across different exchanges. According to on-chain data from Arkham, three leading trading venues for Shiba Inu, namely, Coinbase, Binance, Robinhood, Cumberland and Wintermute received a total inflow of…
During this year’s bullish run, DePINs have swiftly secured the number five spot in the rapidly evolving technology landscape, following Memes, AI, L2s, and RWAs. DePINs are among the top innovations and are vital key factors in determining the future’s environment. DeFi managers have characterized DePINs as a formidable duo since 2024, following the rise of AI, underscoring their critical significance across diverse global industries. The mainstream beginning of decentralized networks for physical infrastructures emerged in the previous year when leading manufacturers across the world integrated physical infrastructure with a blockchain. Blockchain protocols, enabled with cryptocurrency tokens to improve production…
Coinbase Institutional penned a primer for investors ahead of the halving. The fourth bitcoin halving is set to take place in mid-April. Halvings take place every four years, or every 210,000 blocks. This year’s halving will take place when the 840,000th block is mined, where miners’ rewards will drop to 3.125 bitcoin per block from 6.25. The handbook from Coinbase was written with institutional investors in mind and details the previous halvings to give insights into the past trends. However, this halving looks slightly different due to the recent entrance of bitcoin ETFs on the market, and bitcoin hitting an…
Ubunation, a web3 charity, has partnered with UNDER Lea’s TRUST, a non-profit organization dedicated to enhancing educational access in Kenya, to launch an innovative charitable fundraising campaign where 10,000 NFTs will be auctioned off to support the construction of a primary school in Nairobi. The “ULT Dream Careers Lion Charity Collection Campaign” will offer supporters the opportunity to buy 10,000 unique, limited-edition NFT images of lions, the official animal of Kenya. The campaign not only symbolizes a significant stride towards improving education for underprivileged children but also marks a unique blend of technology and philanthropy. By purchasing one of these…