Author: NBTC

Ethereum, the second-largest cryptocurrency, keeps losing more ground against crypto king Bitcoin. Earlier today, the ETH/BTC ratio plunged below the 0.04 BTC level for the first time in three and a half years. From “flippening” to “halvening” Ether, Bitcoin’s archrival, has long been viewed as the main contender to replace the original cryptocurrency and become the biggest cryptocurrency by market value. Such a hypothetical scenario was on the cusp of becoming a reality during the peak of the initial coin offering (ICO) craze that happened in mid-2017. In June 2017, Ether came extremely close to overtaking Bitcoin and becoming the…

Shiba Inu’s lead developer, Shytoshi Kusama, summarizes SHIB’s development and advancements over the past four years. In the post, the Shiba Inu leader posted an X gif from Dragon Ball Z, captioning it “@Shibtoken the last four years in one Tweet.” @Shibtoken the last 4 years in one Tweet pic.twitter.com/7J5vyZa1N4 — Shytoshi Kusama™ (@ShytoshiKusama) August 20, 2024 Dragon Ball Z Synopsis For context, Dragon Ball Z is a Japanese anime series created by Akira Toriyama. The first episode of Dragon Ball Z was aired in April 1989, with the series ending in nine seasons. Notably, the series revolves around a…

Cryptocurrency donations for the 2024 U.S. election have accelerated as the November vote draws closer. Fox journalist Eleanor Terret shared details on Sept. 13 of an analysis that showed campaign teams across the political divide have attracted $190 million in crypto donations so far. Having received millions of dollars from crypto billionaires and the broader industry, the 2024 U.S. election cycle is well above the last cycle. Indeed, it dwarfs the combined donations from the crypto industry during the 2020 and 2022 cycles. 0nly $15 million in 2020 In 2020, crypto donations reached roughly $15 million, while the midterm elections…

Shiba Inu marketing expert Lucie has taken to her account on social media platform X (widely popular as Twitter before 2023) to share some backstage secrets of some centralized cryptocurrency trading platforms – particularly regarding how they approach the listing of new tokens. “Ugly truth” about listing on CEXes from SHIB executive Lucie stated that some centralized crypto exchanges list tokens even if those tokens hardly have any prospects for staying afloat in the future. The SHIB executive shared that many exchanges refuse to list even “a high-potential token backed by a solid blockchain” — “unless you pay them.” She…

Bitcoin (BTC) has experienced a significant drop over the weekend, with the cryptocurrency falling below $61,000. This decline has been analyzed as part of a larger consolidation phase that has persisted for the past five months, according to a TradingView post by crypto trading expert RLinda. The analyst attributes the failure to surpass the critical $70,000 resistance and the recent drop in prices to several key factors, both fundamental and technical. Fundamental factors On the fundamental side, macroeconomic indicators have played a significant role. The release of the Nonfarm Payroll (NFP) report on August 2, which showed an increase in…

Coinbase’s newly launched cbBTC is building up its liquidity on decentralized networks. Aerodrome, the growing Base exchange, hosts the bulk of cbBTC liquidity. Trading activity and liquidity have started to build up for cbBTC, a new variation of wrapped Bitcoin (BTC). In the first week after launch, the new asset used the Aerodrome DEX for the bulk of its trading activity. The new asset was among the first to launch immediately on an L2 blockchain, with a native version. Aerodrome’s high-velocity pairs boost activity for the newly launched cbBTC. Aerodrome took up cbBTC from the first day it became available…

Ethereum price is down over 5% and trading below $2,350l. ETH is signaling an increase in selling pressure and might drop to $2,120. Ethereum started another decline after it failed to clear $2,450. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,320 resistance to start a recovery wave in the near term. Ethereum Price Dips Again Ethereum price failed to clear the $2,450 resistance and started another…

Ethereum layer-2 scaling solution Starknet has rolled out its parallel execution feature on testnet, anticipating mainnet launch in a few weeks. Starknet, a layer-2 blockchain operating on top of the Ethereum network, has unveiled a testnet update, which brings new features that are supposed to speed up transaction execution. In an X announcement on Aug. 21, Starknet said that the network’s 0.13.2 version is now live on testnet, adding that the final rollout on mainnet is anticipated in a week. Starknet v0.13.2 is live on Testnet and coming in a week on Mainnet ⚡Why is this a big anon?Parallel ExecutionRight…

Ethereum memecoins collided on Sept. 16 as crypto’s largest exchange, Binance, listed Neiro for spot trading, sending the token to new highs. As previously reported, Binance listed Ethereum’s first Neiro (NEIRO) token, and the memecoin rallied more than 700% in less than 24 hours after weeks of weak price action. Neiro is a dog-themed meme token centered on Akita Neiro, a Shiba Inu rescue dog adopted by Atsuko Sato. Sato is infamous within crypto circles for owning Kabosu, the late dog that inspired the multi-billion-dollar meme project Dogecoin (DOGE). After Sato announced Neiro, a flurry of tokens bearing the same…

Bitcoin, the world’s largest cryptocurrency, has experienced a significant decline in recent hours and fell below $ 60,000. At the time of writing, BTC price is trading at $59,377, with a 2.5% decrease in the last hour. The FED decided to keep interest rates constant at its meeting last Wednesday, but at the press conference held half an hour later, chairman Jerome Powell made some statements in favor of the dove. Although a rate cut in September was almost certain, sharp declines in the price of Bitcoin continued. The reason for the decreases is thought to be the increasing geopolitical…