Author: NBTC
Ethereum co-founder Vitalik Buterin is constantly searching for strategies to improve the network. This time, he talks about “balancing,” which involves integration, decentralization and cooperation. Here comes Ethereum alignment Buterin described balancing as one of the most important social challenges in the Ethereum ecosystem. Ethereum prides itself on having a wide array of people and organizations in its ecosystem, building toward its vision of what the network can be. At the same time, it does not intend to have them build different versions of Ethereum but a single ecosystem. This brought about the “Ethereum Alignment” concept, which encompasses making ETH…
Edo Farina, the CEO of Alpha Lions Academy, highlights the number of XRP that automatically puts investors on the XRP rich list. In a viral video making rounds within the XRP community, Farina provided insights on what it takes for investors to be ranked among the top wealthy XRP holders globally. Amount of XRP Needed to Rank Among Top 10% Largest Wallets According to him, investors can be among the top 10% of the biggest XRP wallets with just 3,011 XRP. Farina indicated that as of June 2024, the number of XRP required to be in the top 10% ranking…
Analysts from cryptocurrency analytics firm Santiment have shared their views following the recent rally in Bitcoin. According to the analytics firm, BTC has recently surged above $66,000, creating excitement among traders. Santiment argued that this week’s pump was mostly felt in altcoins due to profit taking after BTC’s rise in the last three weeks. Bitcoin Price Has Reached FOMO Level and a Correction May Be Coming, Santiment Analysts Claim Santiment warned that bulls’ patience could be tested as the general sentiment in the cryptocurrency market surpasses levels of FOMO (greed) for Bitcoin. He added that this typically coincides with approaching…
Dogecoin co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on X, recently reacted to a take on Ethereum price. As one of the most prominent figures in the meme coin space, Markus often engages with the broader crypto community, offering his witty takes on general issues as well as market trends. His latest tweet taps into the ongoing debate over whether Ethereum can sustain its upward momentum or if the current rally will lose steam. A screenshot shared by Markus asked the question of when Ethereum will hit an all-time high. The Dogecoin co-founder acknowledged Ethereum being up…
Quant and Fnality are key players in blockchain, often seen as rivals but exploring interoperability collaboration. The World Bank’s choice of Quant highlights its superior tier-two model over Fnality. Quant’s Overledger technology offers seamless multi-network transactions, enhancing interoperability in digital finance. In the competitive landscape of blockchain and digital ledger technology (DLT), Quant (QNT) and Fnality have emerged as notable players. While they are often seen as rivals, there are indications for collaboration on interoperability. The World Bank’s recent decision to favor Quant (QNT) over Fnality hasn’t gone unnoticed. This favoritism raises the question as to why Quant’s tier-two model…
This past week, the flagship cryptocurrency printed a rise of roughly 4.4% as it surged from slightly under $63,000 to touch the $66,000 price level. Overall, the BTC price has soared a remarkable 4.11% in seven days. By now, BTC has grown even higher, surpassing the $65,500 level with a big green candle on an hourly chart. Bitcoin is set for one of the biggest Uptobers in its history and, judging by BTC’s current dominance, the crypto market in general will follow its steps. Will this actually happen? The Fed rate cut The Federal Reserve’s recent 50 basis point rate…
The data from DefiLlama shows that the total value of assets locked in Polygon’s ecosystem has exceeded $928 million. This indicator underlines the trend for active decentralized finance (DeFi) benefits absorption on the Polygon blockchain. As a range of projects adopts Polygon’s low-cost and fast infrastructure, the ecosystem is consolidating its status as a favorite platform for DeFi protocols. Top Polygon Protocols by Total Value LockedThe total value of assets locked in @0xPolygon $POL is around $928M, according to @DefiLlama. Let’s compare the top DeFi-protocols on #Polygon chain by current TVL in USD, in order to evaluate their adoption scale.…
Last week, Brazil greenlit the first spot for the Solana exchange-traded fund (ETF), sparking debates about the possibility of US approval. However, several financial experts remain skeptical due to concerns over the native token, SOL. A key issue is the substantial daily issuance of SOL tokens. Challenges to Solana ETF Approval Data from a Dune dashboard on August 11 showed an issuance of over 162,503 SOL, valued at approximately $25 million. These tokens are rewards distributed to validators to maintain network security. Critics argue that this high issuance rate might increase selling pressure, potentially destabilizing the asset’s long-term value. One…
According to the latest information published by cryptocurrency data analysis company Arkham, the information on how much Bitcoin Elon Musk’s companies Tesla and SpaceX, which have been much talked about with their previous purchases, have has been updated. Tesla and SpaceX Have About $1.3 Billion in Bitcoin Together According to the latest information, the total value of Bitcoin assets of the two companies is currently at $1.3 billion. On the other hand, when the assets of the two companies are examined individually, it is seen that Tesla has 11,509 BTC worth approximately $760 million. The remaining BTCs are held in…
Dr. Christopher Johnson (a.k.a Mr. Lightspeed), the President of Lightspeed Crypto Services and an advisor of Bad Idea AI, expresses frustration over Etherscan’s continuous display of inaccurate Shiba Inu (SHIB) data. In an X post yesterday, Mr. Lightspeed said Etherscan’s reported total supply for Shiba Inu is “100% wrong.” He noted that Etherscan’s data still displays Shiba Inu’s total supply as 999,982,346,380,367 (999.98 trillion) SHIB. The Bad Idea AI advisor asserted that this information is completely inaccurate. According to him, Shiba Inu’s correct total supply is calculated by subtracting burned tokens from SHIB’s max supply. “That’s the super simple version…