Author: NBTC
Hamster Kombat, one of the most overhyped success stories in Web3 and a sensational tap-to-earn pioneer, inches closer to its public token generation event. HMSTR TGE is expected to happen on Sept. 26: all players will be able to claim their allocations after this date. Hamster Kombat has only been around since the end of March this year, however, it has already amassed a gigantic following, spanning tens of millions of followers, and they are all looking forward to an important event happening on Sept. 26 – the official launch of HMSTR coin. In anticipation of the event, Bitrue, a…
Recently, Io.net (IO), a project focusing on the decentralized physical infrastructure network (DePin), announced its staking program. Within just a week, the newly launched program has successfully garnered around $1.5 million. The staking program is a critical component of Io.net’s strategy to enhance network security and efficiency. It requires GPU and CPU suppliers to lock in a specific amount of IO tokens based on their device’s capacity and contribution to the network. Why Io.net Introduced Staking? According to data from Solscan, this initiative, designed to incentivize Graphics Processing Units (GPU) providers through staking, has secured approximately 654,940 IO tokens. The…
Cryptocurrency Exchange OKX Announced That It Has Delisted This Altcoin! Here Are the Details
OKX has announced its decision to delist two Frontier (FRONT) spot trading pairs (FRONT/USDT and FRONT/USDC) following a regular performance review and based on user feedback as well as the platform’s Token Delisting/Delisting Guidelines. OKX to Delisting FRONT Spot Trading Pairs on September 13, 2024 The delisting process will take place between 11:00 and 11:30 on September 13, 2024. OKX advised users to cancel all open orders for these pairs prior to the delisting process as all remaining orders will be automatically canceled and this process could take up to three business days. Deposits and Withdrawals Affected FRONT deposits are…
Following FED Chairman Jerome Powell’s mild statements on Friday, Bitcoin (BTC) and altcoins began to rise, and the market also became active. As investors made new purchases with the rise, one of them was White House digital strategy director Christian Tom. On-chain analyst The Data Nerd has revealed that Christian Tom, the US White House digital strategy director, purchased 3.843 million Arbitrum (ARB) worth $2.3 million from Binance. The Data Nerd also noted that these tokens were first purchased eight months ago. Accordingly, Christian Tom purchased approximately $8.38 million worth of ARB eight months ago but later deposited it to…
This week, the cryptocurrency market remained active as decentralized exchanges (DEXs) presented high trading volume, indicating active trading in the crypto market. According to the data shared by an on-chain analytics platform, decentralized exchanges continue to play a significant role in the crypto space. The overall trading volume on the decentralized exchange hits $29.66 billion with an increase of 0.23% over the past seven days. TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Uniswap #Pancakeswap #Orca #Aerodrome #Raydium #Curve #DODO #TraderJoe #Camelot pic.twitter.com/n3YtHZD9OP — PHOENIX – Crypto News & Analytics (@pnxgrp) September 10, 2024 Uniswap, Pancakeswap and Orca Secure Are at…
As Bitcoin’s (BTC) price fell below the $50,000 mark, panic ensued in the crypto market, leading to outflows of more than $300 billion in a day. However, what follows this crash is the bigger question, as many are considering this a bottom and expecting a recovery. Is this a bottom, though? Bitcoin Indicators Send Mixed Signals Bitcoin’s price falling to an intra-day low of $48,974 on Monday got many thinking that the only way from here would be up, and that could be the case as well. Two major indicators, the first of which is the NVT Signal, are signaling…
According to recently updated figures shared by the Shibburn blockchain tracking platform, over the past week, the SHIB community has succeeded in burning more than one hundred million meme coins. In the meantime, the Shiba Inu price has demonstrated a major 7.60% plummet over the last 24 hours. Weekly SHIB burns step on it A recent tweet published by Shibburn indicates that over the past seven days, there have been more than 114 million SHIB meme coins transferred from the circulating supply into “inferno” blockchain addresses and locked there. Thus, the weekly SHIB burn rate jumped by more than 790%.…
Bitcoin addresses with a balance of over 0.1 BTC are nearing an all-time high, according to data from Bitcoin Magazine Pro. Currently, there are 4,580,424 such addresses, just shy of the record 4,586,540, and represents a month over month increase of 27,939 addresses. The recent drop in Bitcoin’s price from around $67,500 to $49,000 provided investors a unique buying opportunity, allowing them to accumulate Bitcoin at prices below $50,000. Even with Bitcoin currently trading in the $50,000-$60,000 range, down 24% from its all-time high, buyers continue to accumulate, potentially pushing the number of addresses with over 0.1 BTC to a…
RippleX has unveiled the full speaker lineup for XRP Community Day Tokyo 2024, a highly anticipated event that brings together the XRP community, blockchain enthusiasts and industry leaders. The spotlight will be on Ripple CEO Brad Garlinghouse and President Monica Long, who are set to discuss the company’s journey and the history of building on XRP Ledger that has sparked interest in the crypto community. 3/8 Brad Garlinghouse (@bgarlinghouse) & Monica Long (@MonicaLongSF) discuss Ripple’s history building on the XRP Ledger, moderated by Eric van Miltenburg (@ericvanm). — RippleX (@RippleXDev) August 26, 2024 In June, Archax and Ripple announced an…
A widely followed analyst believes Bitcoin (BTC) will spark a furious rally to regain all of its losses over the past week. Pseudonymous analyst The Crypto Dog tells his 806,500 followers on the social media platform X that he sees a swift Bitcoin recovery following its collapse from $70,000 to a six-month low of $49,000. “I guess we might just speed run retracing the whole dump as fast as we crashed.” The analyst’s bullish stance on Bitcoin comes after BTC quickly bounced off its lows and stayed above its immediate support at around $54,000. “Price not nuking (yet), maybe they…