Author: NBTC
Metalpha, a well-known entity in the crypto sector, has recently engaged in several big $ETH transfers, drawing considerable attention. As per Lookonchain, a famous on-chain analytics provider, Metalpha deposited up to 6,999 $ETH (accounting for $16.4M) into Binance. The analytics platform took to its official social media account to offer insights into this event. Metalpha deposited 6,999 $ETH($16.4M) to #Binance again 1 hour ago.#Metalpha has deposited a total of 62,588 $ETH($145.1M) to #Binance in the past 6 days and currently holds 23.5K $ETH($55M).https://t.co/3hqVXQvHlu pic.twitter.com/3zVS4Irbmq — Lookonchain (@lookonchain) September 12, 2024 Metalpha Deposits $145M in Ethereum to Binance in Six Days…
The Grayscale Avalanche Trust offers investors exposure to the AVAX token, used to pay transaction fees and secure the high-speed, ultra-scalable blockchain. Grayscale recently introduced a slew of decentralized AI token funds. Cryptocurrency asset manager and exchange-traded funds (ETF) provider Grayscale Investments said it added an Avalanche blockchain token trust to the slew of new products the firm has introduced in recent weeks. The Grayscale Avalanche Trust, announced Thursday, offers investors exposure to the AVAX token, used to pay transaction fees and secure the high-speed, ultra-scalable competitor to Ethereum. Interest in publicly tradeable products linked to cryptocurrencies and the surrounding…
In the fast-evolving world of mobile gaming, a new trend is emerging that is capturing the attention of millions of users worldwide: tap-to-earn (T2E) gaming. By offering players the opportunity to earn rewards through simple, repetitive taps, this style of gaming has quickly become one of the most addictive and popular genres in the mobile game market. With its roots in easy accessibility and instant gratification, the power of tap-to-earn is reshaping how players interact with games—and it’s showing no signs of slowing down. What is tap-to-earn gaming? At its core, tap-to-earn gaming revolves around a straightforward concept: players earn…
Alchemy Pay, a leading global fiat-crypto payment gateway, has officially announced its support for the BNB ecosystem. This new development allows Alchemy Pay’s On & Off-Ramp services to support a range of popular tokens on the BNB Chain. These include the native token BNB as well as stablecoins like USDC and USDT. The announcement was shared on Alchemy Pay’s official X account. It marks a significant expansion of their support for the BNB ecosystem. It also enhances the ease of fiat-crypto transactions for users. 🎉Excited to support the @BNBCHAIN ecosystem!#AlchemyPay offers global users a seamless fiat On & Off-Ramp experience…
While the decline in Bitcoin and altcoins turned the markets upside down, the value of the cryptocurrency market fell by 13%, its biggest decline since January 2022. According to CoinGecko data cited by The Block, the total cryptocurrency market decreased by 13% in the last 24 hours, reaching 1.94 trillion dollars. This marked the largest single-day decline since January 2022, while the Bitcoin futures funding rate turned negative in the last 24 hours. This shows that investors are turning to short positions and betting that the BTC price will fall. Bitcoin (BTC) May Drop to $42,000! As the interest in…
Research analyst Christine Kim reported on X that Ethereum developers are contemplating splitting the Pectra hard fork. The analyst stated the idea was brought up in a September 12th call as the developers discussed adding more Ethereum Improvement Proposals (EIPs) to Pectra. The research analyst revealed that Ethereum developers had considered splitting the upcoming Pectra hard fork into two. According to Kim, developers had raised the idea before, but it was put aside due to concerns that it would delay the Verkle fork. The Pectra hard fork is expected to change Ethereum’s programming space by upgrading the Ethereum Virtual Machine(EVM).…
Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX) has expanded its availability to the Avalanche network in a bid to expand the fund’s base. “I think the Avalanche ecosystem represents a super robust network that allows us to deliver high quality attributes and characteristics to our customers,” Roger Bayston, head of digital assets at Franklin Templeton told CoinDesk. The fund’s official record of ownership is kept on the Stellar network and the fund can also use Polygon and Arbitrum for certain accounts. Avalanche is the latest blockcahin in Franklin’s effort to expand access to the fund. “For us, why…
Cryptocurrencies were hit hard by a wave of risk aversion in global markets on Monday, with Bitcoin falling more than 16% at one point. The declines come as a global stock sell-off deepens, indicating concerns about the economy. Total liquidations in the last 24 hours have risen to $1.07 billion, with longs responsible for $908.51 million of the wipeout, according to CoinGlass data. Amid the sell-off, Michael Saylor, the chairman and cofounder of MicroStrategy, has sent out an optimistic tweet: “Believe in Bitcoin.” Saylor’s message comes at a crucial time when the market is grappling with fear and uncertainty. Believe…
Ethereum price has remained in a strong bear market this month amid negative headlines from the biggest chain in the crypto industry. ETH was trading at $2,360 on Friday, down by over 42% from its highest point this year. It is also hovering near its lowest point since February this year. Ethereum ETF outflows The first big headline is that Ethereum exchange-traded funds (ETFs) are not doing well two months after launch. Data compiled by SosoValue shows that these funds have had cumulative outflows of over $582 million since launch. This week, they have had outflows in the last two…
The Floki Trading Bot has reached a significant milestone by surpassing $27M in trading volume and by attracting more than 20,000 users on its platform. The rapid growth marks it as one of the most efficient and quick trading solutions for token transactions. FLOKI TRADING BOT HITS $27 MILLION TRADING VOLUME AND 20,000+ USERS The Floki Trading Bot is quickly becoming the go-to solution for traders looking for a reliable, efficient way to buy and sell tokens. You no longer have to deal with slow DEXs, transaction confirmations, or… pic.twitter.com/EY0Jzf9nAU — FLOKI (@RealFlokiInu) September 12, 2024 Floki Trading Bot For…