Author: NBTC

Aptos (APT), a core native cryptocurrency of the eponymous layer-1 blockchain, demonstrates impressive performance as the market declines. The upsurge of APT might be catalyzed by the decision of asset management giant Franklin Templeton to include the blockchain in one of its products. Aptos (APT) up by 10%, becomes best performer in top 100 Aptos (APT), a high-performance modular layer-1 blockchain, sees its native cryptocurrency jumping by almost 10% while the rest of cryptocurrency market sees 3% capitalization decline. In the last 24 hours, its capitalization has extended back above $4 billion mark. The token replaced Internet Computer (ICP) as…

Key Takeaways FTX’s Chapter 11 reorganization plan was approved by a US bankruptcy court on Monday. FTX creditors will receive 119% of approved claims in cash following court approval. FTX’s native token, FTT, soared over 50% to $3.23 on Monday after FTX received court approval for its bankruptcy plan. The plan will allow FTX to repay customers in full using $16 billion in recovered assets, including interest. After the surge, FTT is now settled at around $2.72, CoinGecko data shows. The token’s value rose 100% in the last two weeks as investors awaited a confirmation hearing. Source: CoinGecko On Monday,…

This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just how many of these rewards remain untouched today. Over 1 Million Bitcoins From 2009 Still Unspent, Another 700,000 From 2010-2012 Block Rewards Remain Untouched With Bitcoin’s blockchain and its Unspent Transaction Output (UTXO) model, users can track every bit of activity that unfolds on the…

Polkadot is shifting considerably toward improving decentralization due to adopting the Decentralized Nodes Program. Through the efforts of the Web3 Foundation, Polkadot aims to enrich the Polkadot network by fortifying the representatives of this project in different forms. Wanna be the backbone of true decentralization?Polkadot stands for autonomy, for systems where no single entity controls the infrastructure.If you believe in power that flows from the many, not the few, this is your call.Introducing the Decentralized Nodes Program from Web3… https://t.co/fhOhcWc2gs — Polkadot (@Polkadot) October 3, 2024 By emphasizing security, sustainability, and trust-free operation, the new program helps expand the validators’…

Right now, a major hidden warning signal is showing up on Bitcoin’s chart, signaling potential challenges ahead. According to analyst Josh of Crypto World, despite the price looking strong in the short term, there’s a hidden bearish divergence that could hint at a continuation of the larger bearish trend. The big flashing signal on the daily Bitcoin chart is a “hidden bearish divergence.” This happens when Bitcoin’s price shows lower highs while the RSI (Relative Strength Index) reflects higher highs. Typically, a bearish divergence is a sign that the market could continue its downward trend. However, in this case, the…

JustLend DAO received new inflows from TRON whales. In a series of transactions, the DAO saw inflows of more than 3B TRX. Recent whale activity boosted the TRX available in JustLend DAO, the largest DeFi protocol on the TRON chain. In four transactions, the lending protocol received a total of 3,037,916,172 TRX, valued at more than $465.2M. The tokens can be used as lending collateral, giving the whales access to stablecoins for further investments. A series of four transactions flowed in from four unknown wallets, with two of the transactions for more than 1B TRX. The transfers happened within minutes…

Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9, the network’s difficulty is set to increase by 3.22%. Bitcoin’s Hashrate Growth Continues As of Oct. 7, 2024, Bitcoin’s hashrate, based on the seven-day simple moving average (SMA), is coasting along at 680.12 EH/s, according to data from hashrateindex.com. From its peak on Sept. 8, the network’s hashrate saw…

A buyer of a new Solana meme coin called Pochita turned $140 into $450,000 in less than 24 hours—and they still haven’t sold the bulk of the coins. The coin emerged (and surged) after the owner of the meme-famous dog that originally inspired Solana’s BONK coin adopted a new furry friend called Pochita on Wednesday. The news prompted various crypto degens to create a plethora of meme coins inspired by the pup—and unlike in the so-called Neiro civil war, one token quickly emerged as the winner. One unidentified trader, using a wallet starting with “AjwF,” bought 1 SOL ($140 at…

CleanSpark swiftly restored power and operations, achieving a hashrate of 28.7 EH/s after Hurricane Helene’s impact. Despite the storm’s challenges, CleanSpark’s diversified facilities helped maintain stability and recover quickly. With daily Bitcoin mining revenue at $30.59 million, CleanSpark is positioned to capitalize on market opportunities ahead. CleanSpark, a Bitcoin mining firm, has resumed normal operations after shutting down 365 MW of power at its Southeast Georgia mine following Hurricane Helene. On the day of the storm, CleanSpark’s hashrate dropped to 28.7 EH/s, but has since recovered. ‘.@CleanSpark_Inc restores operations after Hurricane Helene 🌪️💪. With power back online, their hashrate is…

Bitcoin (BTC) is on a six-month bear market, down-trending from March’s $73,800 all-time high to as low as $49,100, but this trend could shift as signals of a bull run surge on the horizon. Recently, different analysts have commented on a clear Bitcoin price downtrend made of lower highs and lower lows. Alan Santana mentioned how charts are mostly bearish, later setting his target at $40,000, warning of a crash. Credible Crypto shared a similar yet more optimistic stance, saying Bitcoin is not out of the woods – requiring a shift. This shift, however, appears to be nearing, according to…