Author: NBTC

Bitcoin’s (BTC) price has continued to drop in the short term, with the asset facing threats of dipping below the $60,000 mark. Indeed, the situation has resulted in overall market uncertainty, especially considering the crypto industry is mere hours away from the Bitcoin halving event. Given the recent market trajectory, cryptocurrency analyst CryptoCon, in a post on X (formerly Twitter) on April 17, suggested that the current correction is a necessary step towards stabilizing its price in the long term. With the projected drop in price, the analyst highlighted key levels to watch before Bitcoin finds some stability moving forward.…

Amidst the crypto market’s recovery from the downturn in early May, there remains an influx of new projects. Some of the projects are attracting investor interest in specific metrics as they move to take a share of the market. In this regard, Finbold has identified a selection of top new cryptocurrencies with substantial trading volume based on data retrieved from CoinMarketCap. Friend.tech (FRIEND) Friend.tech (FRIEND), the decentralized social network launched in August 2023, leads with a trading volume of $66.73 million. Despite this impressive figure, the platform initially faced significant setbacks as its native token experienced a drastic 98% drop…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Ali Martinez, a noted cryptocurrency analyst, has highlighted the critical importance of the $61,000 price level for Bitcoin (BTC). According to Martinez, a break below this threshold could potentially trigger a price correction, sending Bitcoin down to $56,200. This warning comes as the cryptocurrency market continues to exhibit high volatility. $61,000 is a very important level for $BTC! If it breaks, it will trigger a correction to $56,200. But if #Bitcoin can rebound, we could see an upswing to $66,500. The first sign of a rebound will be a sustained 4-hour candlestick close above $62,300. Until then, we brace for……

According to onchain data, the ‘epic satoshi’ sold for 33.3 BTC has been inscribed, now linked to a freshly minted Runes protocol coin named “EPIC•EPIC•EPIC•EPIC.” The newly introduced EPIC runes tokens have already commenced trading, achieving a market capitalization of $88 million by 11 a.m. Eastern Time on Sunday. From Epic Satoshi to EPIC•EPIC•EPIC•EPIC Runes Tokens After the halving event, it was discovered that the mining pool Viabtc mined the significant fourth halving block and subsequently auctioned the well-known ‘epic satoshi,’ fetching a price of 33.3 BTC or $2.13 million. This ‘epic sat,’ also numerically identified as 1,968,750,000,000,000, was officially…

The Bored Ape Yacht Club’s (BAYC) recent unveiling of 3D models marks a critical turning point in the NFT world, paving the way for an immersive future. As Bored Apes venture into three-dimensional spaces, other NFT projects are evaluating their strategies in this fast-evolving environment. Pioneering projects like Kid Called Beast are already harnessing the power of 3D, crafting collections that incorporate dimensional elements from their inception. This move emphasizes the growing need for PFP projects to adapt by offering 3D versions of their assets, setting the stage for avatars that enhance user interaction and identity in digital realms. The…

As the price of Bitcoin (BTC) continues to decline, bears are trying to break it below the critical level of $60,000, and, should they succeed, it could spell trouble for the flagship decentralized finance (DeFi) asset and possibly the rest of the cryptocurrency market. Indeed, Bitcoin has recently “reclaimed the range lows & now tests them again” as the “fight goes on” between bulls and bears, according to the chart pattern observations shared by pseudonymous crypto industry expert CryptoJelleNL in an X post on April 18. Patience is the name of the game Earlier, amidst this ongoing struggle, the crypto…

Over the last seven days, the non-fungible token (NFT) market saw sales reach $145 million, reflecting a decline of over 9% from the previous week. This downturn continues a trend of falling sales over recent weeks, with four out of the top five blockchains by sales volume seeing decreases during this period. Last week, as reported by crypto.news, sales of digital collectibles dropped by more than 11%, and this week, they fell by another 9.68%, totaling $145.01 million, per data from CryptoSlam. Bitcoin leading the pack As seen in previous weeks, Bitcoin (BTC) continued to lead the weekly NFT sales,…

The testing version of the ckETH minter on Internet Computer (ICP) mainnet has been upgraded, now featuring the Sepolia version of the USDC token. In a recent forum post, Christian Müller, Senior Software Engineer at DFINITY, revealed that users can obtain Sepolia ETH from various faucets available online and Sepolia USDC to engage with the Sepolia ETH and USDC tokens. Once acquired, users can deposit both Sepolia ETH and USDC to mint ckETH and ckUSDC, respectively. DFINITY Foundation is a not-for-profit organization developing technology for the Internet Computer (ICP) blockchain. Internet Computer’ ckETH is Not Required to Deposit USDC It’s…

Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse. They argue that Salame wasn’t involved in the core fraud perpetrated by Bankman-Fried’s inner circle. Attorneys for Ryan Salame, a former FTX executive who pled guilty to election fraud charges in September, are asking the court for leniency in the form of an 18-month sentence, according to a sentencing memorandum filed on Tuesday. While at FTX and Alameda, Salame managed wire deposits and fiat currency conversions for FTX customers, participated in political contributions using Alameda funds, and led charitable…