Author: NBTC
Bittensor (TAO) is becoming the leader in the AI narrative, as well as the biggest short-term gainer. The AI narrative also recovered fast after the recent market dip. Bittensor (TAO) is gaining importance in the AI narrative. Recently, the asset became the top gainer among AI tokens, up more than 100% in the past month. TAO traded at $548.70, rising from the $230 range at the beginning of September. The past month was also the most successful for TAO in the year to date, higher than January’s growth of more than 78%. Barring the initial launch and vertical rally after…
As Bitcoin (BTC) continues to trade below its all-time high of above $73,000, the maiden cryptocurrency has seen a growth in the number of millionaire holders in 2024. Currently, there are 121,089 Bitcoin addresses holding at least $1 million worth of BTC. Of these, 10,434 addresses contain holdings exceeding $10 million, data retrieved from BitInfoCharts on September 23 indicates. To put this figure into perspective, data retrieved from the platform on January 4, 2023, using the Wayback Machine web archive tool, indicates that the number of Bitcoin millionaire holders has surged by 25.21% in 2024 as per the data calculated…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. With spot bitcoin ETFs seeing successful launches and MicroStrategy buying with reckless abandon, the oldest cryptocurrency has proven its value — at least to some institutions. Institutions are to blockchains what whale traders are to casinos; having just a couple can really drive up revenue. But for non-Bitcoin blockchains, the path to institutional adoption is a little less clear. Ether spot ETFs have so far been uninspiring, and large companies don’t seem to be putting non-bitcoin assets on their…
One lucky Gamestop customer won an entire Bitcoin worth just over $63,000 at today’s values after opening up a pack of $30 crypto-themed collectible trading cards. The winning card, which was first revealed in a Reddit post earlier this month, was hidden inside a first-edition pack of Cardsmiths’ Currency Trading Cards, which he had purchased at the games retailer. The card series features crypto memes and cartoon caricature depictions of famous people within the crypto world including MicroStrategy CEO Michael Saylor, anonymous Bitcoin inventor Satoshi Nakamoto, and Elon Musk. The series was first launched in 2022. A GameStop customer found…
The X Empire Project has revealed its final tokenomics, highlighting total supply of 690 billion $X tokens. As per previous announcements, 75% of the totally supply which is worth 517.5 billion of $X tokens will be allotted to the miners and vouchers ensuring that the majority of the tokens are distributed to the community members without any lockups or vesting periods. The remaining 25% of the total supply, which is worth 172.5 billion $X tokens, is designated for new users and for future development initiatives. This portion will support new projects, liquidity, community incentives, market makers and team rewards. X…
AltLayer has announced that GoPlus Security and Hemera Protocol will be the first partners to launch their AVSs (Autonomous Verification Services) on the company’s AVS-as-a-Service platform, “Wizard”. The platform will be the first of its kind. It will enable seamless deployment and management of Account Verification Services (AVSs) for developers. AltLayer made the announcement through their official X account. Welcoming our first partners launching an AVS on our AVS-as-a-Service platform “Wizard” – @GoPlusSecurity & @HemeraProtocol 🥳With @eigenlayer-enabled AVSs & Wizard’s features, they’ll enjoy a 10x faster + 100x easier deployment experience.More 🧵 ↓https://t.co/0mTxuaWZyQ pic.twitter.com/f2KEuiAhb3 — AltLayer (@alt_layer) October 3, 2024…
Bitcoin (BTC) is up 6% since the Fed made a 50 basis point cut in the US interest rate. According to the trader known as Rekt Capital, this is the beginning of a “transitional phase” for Bitcoin to start a parabolic upward movement. The trader highlighted that it usually takes 161 days after the halving for Bitcoin to show action. Notably, the period between the halving and the expected bullish movement is labeled by Rekt Capital as the “re-accumulation range.” If history repeats itself, BTC should break out of this re-accumulation range in the next handful of days, the trader…
PEPE’s market cap peaked at over $5.83 billion, with a recent 15.95% increase signaling renewed investor confidence. Shiba Inu has evolved from a playful token to a robust cryptocurrency backed by a passionate community, the “Shib Army.” Dogwifhat leverages community engagement and innovative tokenomics to position itself as a promising underdog in the meme coin market. Meme coins are making waves in October, with tokens like PEPE and Dogwifhat capturing investor attention once again. From PEPE’s soaring market predictions to Shiba Inu’s thriving community, the excitement is palpable. As new contenders rise and established players evolve, the meme coin space…
0G, known as a leading modular AI blockchain, has redefined its mission as the world’s first Decentralized AI Operating System (dAIOS). 0G is becoming more capable and focused on addressing the primary issues inherent to present-day artificial intelligence. Some of these challenges include data sovereignty, data openness, and fair monetization. 0G Tackles Centralized AI Issues with Blockchain-Based Decentralization The centralized AI systems have been criticized for many years for the inability of the users to manage them and for the inability to know how the data is being used. Sometimes, large corporations possess individuals’ personal information and people have no…
Since its inception in 2009, Bitcoin has undergone several forks, or splits, that have given rise to new cryptocurrencies and variations of the original protocol. As of May 2024, there are over 100 Bitcoin forks in existence, with varying degrees of adoption and success. These forks have sparked intense debates within the cryptocurrency community. Some view them as catalysts for innovation and progress, while others perceive them as disruptive forces that undermine the network’s stability and core values. And this dichotomy is precisely what we’ll zero in on today. We’ll look at why these forks happened, what they have achieved,…