Author: NBTC
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…
Telegram gaming has been one of crypto’s biggest winners in 2024. Hamster Kombat pulled in 300 million players ahead of this week’s airdrop, and Notcoin launched a token that neared a $3 billion market cap—a screen-tapping game yielding one of the 100 biggest coins on the planet. All of this revolves around the tap-to-earn mechanic, a simple concept with a growing list of variations and permutations. But has this model truly evolved upon the fraught play-to-earn gaming craze that dominated the last bull cycle before crashing and burning? Or is tap-to-earn doomed to the same eventual fate of mockery and…
Bitcoin nears $68K resistance with bullish momentum, signaling a possible breakout. Analyst Captain Faibik predicts Bitcoin could reach $88K-$90K by December. Ali Martinez warns of potential short-term correction indicated by TD Sequential. Bitcoin is finally showing signs of recovery after weeks of lower highs and lows. It recently surged past $66,000 for the first time in five weeks, reaching $66,397! The Crypto Fear and Greed Index now sits at 64, putting the market firmly in the “greed” zone. Renewed optimism, renewed excitement – crypto investors are happy again! Dive into an expert analyst’s view of Bitcoin’s future and whether there…
Shiba Inu (SHIB) has increasingly become a crucial part of the cryptocurrency ecosystem, as highlighted by NowPayments, a leading non-custodial crypto payment gateway. In recent communications, the platform emphasized the multifaceted advantages of accepting Shiba Inu payments, positioning SHIB as more than just a meme coin but a movement. 🐶 Meme coins are serious business! Accept $SHIB #cryptopayments and tap into the power of the #SHIBArmy. It’s more than just a token; it’s a movement! @Shibtoken @ShibaEternity https://t.co/kpTVWl96Ex pic.twitter.com/2W3knhFkVc — NOWPayments (@NOWPayments_io) August 11, 2024 NowPayments’ stance reflects the growing attention SHIB has garnered, particularly following the launch of Shibarium.…
One of the top NBA players in the past, Scottie Pippen, continues to attract ridicule by posting about Satoshi Nakamoto talking to him in his dream and passing secret knowledge about future Bitcoin price moves. This time, Pippen again claimed that he received an insight from the mysterious Bitcoin creator. “Bull run starts Monday” In his tweet, Pippen wrote that he had a dream last night and “Satoshi showed up, holding a basketball.” According to the NBA player, the enigmatic Bitcoin creator kept his message “short and sweet” this time and he again revealed to Pippen that a Bitcoin bull…
The crypto community has been abuzz with speculation following the detection of substantial movements involving large amounts of XRP transferred between unknown wallets. One of the most recent large-scale transfers on the XRPL network involved a colossal dispatch of 104,156,546 XRP, worth approximately $59,019,563. This transaction was detected by the leading crypto whale tracking service, Whale Alert, occurring on Sunday, August 11, at 15:04:10 UTC. 🚨 🚨 🚨 104,156,526 #XRP (59,019,563 USD) transferred from unknown wallet to unknown new wallethttps://t.co/CqTEhdX8vt — Whale Alert (@whale_alert) August 11, 2024 Following this event, XRP has been down about 3.9% in the past 24…
Collectively, the launch of the spot Bitcoin Bitcoin Exchange Traded Funds (ETFs) has been the most successful ETF debut in history. A couple of key milestones stand out: No other ETF had experienced $3 billion of inflows in its first month, Bitcoin had two—Blackrock’s IBIT and Fidelity’s FBTC. Altogether, Bitcoin ETFs have attracted an impressive $17 billion of inflows during their first nine months, shattering the previous full year record by QQQ Invesco QQQ Trust of $13 billion1. IBIT also achieved another milestone by maintaining the 10th longest inflow streak on record, with 71 consecutive days of positive inflows from…