Author: NBTC
Blockchainedbb, a famous crypto analyst, has recently offered a comprehensive market update, indicating expected price movements of Bitcoin in the next months. According to Blockchainedbb, August will see slow BTC price movements, with liquidity being swept below the mark of $60,000. The platform disclosed this analysis on its official X account. The chief crypto token is currently trading at $60,700. There is no change in update Aadarsh . We are waiting for liquidity to be swept below 60k . August doesn’t move much . We are expecting btc to bounce to 65k area between august 8th to 20th and stay…
Cardano’s August 27th hard fork marks the start of decentralized governance under the Age of Voltaire. The hard fork will unlock Cardano’s $600 million sovereign wealth fund for community-driven decision-making. Cardano’s governance evolution focuses on reliability, collective intelligence, and decentralization. Cardano is about to enter a new era with the imminent hard fork on August 27th, signaling the start of the Age of Voltaire. This phase represents a fundamental transition in the Cardano blockchain’s governance structure, with the goal of using collective intelligence to make decisions. Cardano’s Governance Evolution Since its foundation in 2015, Cardano has prioritized decentralization and fiscally…
DeLorean, the company behind the time machine from “Back to the Future”, lands in the metaverse and Web3, thanks to the partnership with Motoverse by Animoca Brands. For the occasion, the iconic sports car DMC-12 by DeLorean Motor Company will appear in the game Motoverse as a limited edition NFT collection. DeLorean from “Back to the Future” will now travel in the Motorverse metaverse DeLorean and its iconic cars in the Motorverse metaverse The partnership with Lamborghini to engage fans with new experiences DeLorean from “Back to the Future” will now travel in the Motorverse metaverse DeLorean Motor Company (DMC),…
Cryptocurrency critic Peter Schiff believes that Bitcoin, the leading cryptocurrency by market cap, has been in a bear market for years. Schiff has noted that the leading cryptocurrency is down 34% against gold after hitting its current high in November 2021. On Saturday, the Bitcoin price plunged to an intraday low of $59,839, reaching its lowest price point since July 14. Meanwhile, gold recently reached a fresh record high, surpassing $2,500 per ounce. Earlier this week, Schiff also predicted that creditors could pressure business intelligence firm MicroStrategy, which is known as the largest corporate holder of Bitcoin, to sell its…
There was some unexpected drama in the Shiba Inu (SHIB) world recently, when one of the enthusiasts spoke up to the crypto project lead, Shytoshi Kusama. The issue the enthusiast raised was that the Shiba Inu team does not seem to be paying enough attention to key assets in the ecosystem, like the BONE token. Instead, they are focusing on new products that have not been fully tested. In fact, the enthusiast said that there are people who do not even know what BONE is for. If you do not know, BONE is special among Shiba Inu tokens because it…
Binance has electrified the crypto community by confirming the listing of three meme coins – Neiro, Turbo, and Baby Doge Coin. This announcement catalyzed significant price movements for each coin, reflecting diverse market reactions. On September 16, 2024, at 10:00 UTC, Binance will open trading for NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT. Meme Coins Surge as High as 45% After Binance Announcement Neiro, often referred to as the ‘little sister of DOGE,’ was launched on the Ethereum blockchain. This occurred after a heartfelt announcement by the owner of the iconic Shiba Inu, Kabosu, which spurred immense interest within the community. Turbo calls…
In a throwback at Bitcoin’s early days, Bitcoin historian Pete Rizzo shared a fun fact on X, noting that exactly 14 years ago today, one Bitcoin (BTC) could be purchased for just $0.05. This historical fact provides a contrast to Bitcoin’s current market value, demonstrating its phenomenal development and adoption over the last decade and a half. On this day in 2010, Bitcoin was still in its early stages, known only to a few tech enthusiasts and early adopters. The cryptocurrency, created by the mysterious Satoshi Nakamoto, was still in the process of proving its utility and value proposition. FUN…
Binance has announced support for the Sei (SEI) network upgrade scheduled for September 16, 2024 at approximately 19:00. Binance Sei (SEI) Will Support Network Upgrade In preparation for the upgrade, the exchange will suspend token deposits and withdrawals on the Sei and Sei EVM networks starting at 18:00 on the same day. The network upgrade will occur at block height 102,491,599 and token trading on the affected networks will not be affected. Binance will manage all technical aspects of the upgrade on behalf of its users. Deposits and withdrawals will resume once the upgraded network is confirmed to be stable,…
Bitcoin Layer-2 (L2) solutions have recently garnered significant attention within the crypto community. However, a new report highlights potential challenges regarding their long-term viability. Layer-2 solutions aim to enhance the Bitcoin blockchain’s scalability and speed by processing transactions off the main chain. Despite their promise, these solutions might encounter issues related to high data posting costs. High Data Costs Could Hinder Bitcoin Rollups’ Long-Term Viability According to Galaxy Research, Bitcoin rollups, which rely on Bitcoin for data availability, may struggle with elevated data posting costs. The limited 4MB blockspace on the Bitcoin network creates a scarcity that could impact these…
During Monday’s World Liberty Financial launch event hosted by Decrypt’s sister company Rug Radio, former U.S. President Donald Trump credited the excitement over his own branded NFT projects with his change of heart towards cryptocurrency. As the Republican candidate for president explained, Trump saw that the majority of his NFT trading cards minted on Ethereum scaling network Polygon were being purchased with cryptocurrency—and that his supporters were excited about his entry into the space. “So many people paid this way,” Trump said. “If they would have been paying in dollars, I would have said that’s standard, I would have assumed—and…