Author: NBTC
After an explosive uptrend accounting for 290% in 10 days, will the pullback phase extend below $0.035 in SUN? SUN, the native token of Sunpump, a new Tron-based platform for meme coins, is showing exponential gains. Over the last ten days, SUN has increased in value by almost 300% and reached almost $400 million in market cap. Will SUN maintain a bullish trend as the market recovery gives the Tron ecosystem an additional push? Catalysts Behind SUN Uprising With significant growth in the SUN meme coins ecosystem, the $10 million fund from Tron to enhance liquidity has been a key…
Roguelike role-playing-game (RPG) Castile launched its monthlong open beta today alongside a rewards campaign that will see 10 million CAST handed out before the token actually launches. This comes as the developer of the game, Nytro Lab, pushes its total funding to $25 million with a fresh $8 million in investment. The Aptos-based game blends the core roguelike loop—that is, fighting through dungeons to level up and gain resources—with RPG elements, while also allowing in-game cards to be traded on a marketplace thanks to the use of NFTs. Castile has added four new features since its alpha testing period in…
Binance, a premier cryptocurrency exchange, has announced its endorsement for Enjin Coin’s (ENJ) network upgrade set for September 9, 2024, at 16:00 UTC. In preparation for this update, Binance will suspend ENJ deposits and withdrawals from 15:00 UTC on the same day to facilitate a seamless transition for its users. Contents hide 1 ENJ Deposits and Withdrawals to Be Temporarily Suspended 2 What is Enjin Coin? 3 Key Takeaways from the Upgrade ENJ Deposits and Withdrawals to Be Temporarily Suspended This network upgrade, anticipated at block height 6,678,271, aims to boost the performance and capabilities of the Enjin Coin network.…
The International Monetary Fund (IMF) conceded that the potential risks tied to El Salvador’s adoption of Bitcoin as legal tender have not materialized. On Aug. 6, the financial regulator’s team, led by Raphael Espinoza, revealed progress in its discussions with El Salvador about supporting the country with financial programs. This development follows over two years of stalled talks regarding the nation’s Bitcoin policies. The discussions focused on strategies to strengthen public finances, increase bank reserves, and enhance governance. They also addressed improving transparency to mitigate risks associated with Bitcoin investments. According to the IMF, while the anticipated risks have not…
An analyst predicts AAVE’s potential breakout could lead to significant growth toward $200. Aave Labs partnership with BlackRock aims to boost GHO stablecoin stability and efficiency. In a tweet, the well-known analyst World of Charts highlighted a positive development for AAVE and noted that AAVE is on the cusp of another breakthrough, consolidating within a bullish pennant. In the event of a good breakout, expect a run toward $200, or a 40% increase over its current trading range. Aave Defies Market Trends with Strong Performance and Bullish Outlook This comment demonstrates optimism about the DeFi project, which has shown strength…
While the US Presidential elections in November are among the expected catalysts for the rise in Bitcoin and cryptocurrencies, markets are preparing for a critical event today. While former US president Donald Trump openly supports Bitcoin and cryptocurrencies, Kamala Harris draws attention with her anti-crypto stance. Experts say that the votes of cryptocurrency investors will play a decisive role in this election. At this point, as the election race continues with excitement, US presidential candidates Donald Trump and Kamala Harris will face each other for the first time on live television tonight and compete. The Trump-Harris duel will begin at…
Crypto expert and Shiba Inu enthusiast Del Crxpto believes Bone ShibaSwap (BONE) will hit a new all-time high when it eventually starts trading on Binance. The widespread speculation that leading exchange Binance will add support for Shibarium gas token Bone ShibaSwap (BONE) has gained momentum again. This time, renowned crypto expert Del Crxpto has reawakened the bandwagon. According to a tweet by the analyst, a Binance listing is a matter of when and not if. He stated that the event is what the Shiba Army and the crypto community should be prepared for. The Shiba Inu community has pushed for…
Mech shooter MetalCore is set to enter open beta on the Epic Games Store on September 12 with its first in-game season of content, “MetalPunk Rhapsody.” This milestone will see the Ethereum-based game, which is built on layer-2 scaling network Immutable zkEVM, upgraded to Unreal Engine 5 with a handful of new features added. The shooter, which gave off a Titanfall-meets-Destiny vibe when we first played a preview build last year, has spent the last six months in various closed beta phases. Studio369, the developer behind the game, is now opening its doors for anyone to test the game out.…
Crypto exchange HTX is set to remove several trading pairs with USDD, advising users to cancel pending orders and choose alternative pairs. Cryptocurrency exchange HTX (formerly Huobi) will delist several (USDD) trading pairs just a few weeks after concerns arose over the stablecoin’s backing and recent significant collateral withdrawals by the TRON DAO Reserve. In a Sept. 9 press release, the trading platform said that on Sept. 12, it will remove 14 trading pairs, including DOGE/USDD, NEAR/USDD, USDD/USDC, and EOS/USDD, among others. The exchange advised users to cancel pending orders and transition to alternative trading pairs. Although the specific reasons…
Core Scientific is uniquely positioned to deliver AI data center scale in the one-to-three year timeframe, the report said. Bernstein said legacy data centers can provide equivalent scale, but not in the same timeframe. The broker has an outperform rating on Core Scientific with a $17 price target. Core Scientific (CORZ), the bitcoin (BTC) miner that in June signed a 200 megawatts (MW) artificial intelligence (AI) deal with CoreWeave, is uniquely positioned to deliver as much as 300 megawatts of scale within three years, broker Bernstein said in a research report on Tuesday following a conversation with CEO Adam Sullivan.…