Author: NBTC
We are almost there: the zkSync crypto airdrop is now just around the corner. Several prominent figures in the web3 landscape agree that Matter Labs, the development company behind the Ethereum rollup in question, may soon reward its stakeholders by launching the long-awaited ZKS token, in a historically favorable moment for market speculation. Also at stake are all the airdrops related to the ecosystem of protocols built on zkSync, which in recent months has grown a lot both in terms of TVL and on-chain activity: first of all, SyncSwap’s airdrop could be the most substantial. Below are all the information…
Heroes of Mavia (MAVIA) token price has remained in a consolidation phase even after several important events in the ecosystem. The coin retreated to a low of $6.50 on Monday, about 32% below its highest point level this month. This decline has brought its market cap to over $196 million. Heroes of Mavia, one of the fastest players in the games in the blockchain industry, has made several headlines in the past few months. In February, the company decided to embrace Base, the layer-2 network by Coinbase, as its blockchain of choice. They believe that Base has superior speeds and…
Spot Bitcoin ETFs began the week on a strong note, attracting over $562 million in inflows on Monday amid the impressive Bitcoin (BTC) market run that has seen the asset surge 21% over the past week. BitMEX Research disclosed this in its latest update on capital flows into the Bitcoin ETF market. Data confirms that the entire market saw an influx of 8,377 BTC tokens valued at $562.7 million on March 4 despite the Grayscale Bitcoin Trust (GBTC) sustaining its trend of capital outflows. [1/4] Bitcoin ETF Flow – 04 March 2024All data in. Very strong day with +$562m net…
China’s central bank, the People’s Bank of China, has published a digital yuan service guide for foreign visitors to help them make contactless payments with e-CNY. As per a local news report, “Explore the Splendors of China with e-CNY Service Guide for Visitors in China” published by the central bank, international tourists can now pay in digital yuan with accounts linked to their cards via the official mobile app. Download e-CNY App and Open Digital Yuan Wallet Available in App Store and Google Play, the “e-CNY” app offers China’s central bank digital currency (CBDC) account registration service through local banks…
Solana-based memecoin Dogwifhat is on a major price rally with gains standing at a staggering 300% over the last week. The recent Dogwifhat (WIF) price rally to $1.25 has helped some traders mint multi-million dollars in a short time. Trader Makes $3.12 Million in Dogwifhat (WIF) Price Rally Insights from on-chain data provider Lookonchain reveal an impressive feat in the cryptocurrency market. As the value of $WIF (Token WIF) continues its upward trajectory, data indicates that a trader who initially purchased 2.58 million $WIF with only 5.288 $SOL (Solana token) valued at $310, is now witnessing a substantial increase in…
Galaxy4Games and Immutable have joined hands to integrate zkEVM into Skiesverse, the pioneering post-apocalyptic Web3 game. This partnership introduces immutable passports for Web3 gamers, ensuring secure minting of new collections and transparent publication of all smart contracts, marking a significant milestone in the gaming sector.—Skiesverse sets itself apart as a pioneering Web3 post-apocalyptic tactical RPG, boasting a user-driven economy where players can mine resources, craft goods, establish and manage businesses, engage in desert skirmishes, vie for control over cities, and more. The game’s tokenomics feature two tokens facilitating operations with NFTs, ranging from characters and businesses to weapons and armor…
Even though Bitcoin has not yet reached its all-time high, its daily trade volume has already exceeded $40 billion, the highest level since the May 2021 sell-off. The daily trading volume of Bitcoin (BTC) has reached its highest level last seen in three years ago as BTC is continuously climbing to its all-time high, Kaiko revealed in a recent research report. According to the published data, Bitcoin’s daily trade volume exceeded $40 billion in early March, surpassing its previous peak hit in the aftermath of the FTX collapse in November 2022. “Buying exceeded selling on most exchanges and trading pairs,…
While All Eyes on Bitcoin Turn to the FED’s March Interest Rate Decision, FT Survey Says “The FED Will Have to Keep the Interest…
After the FED left the interest rate unchanged at 5.25-5.50 percent in January, the markets turned to the March interest rate decision this week. When Will the January FED Interest Rate Decision Be Announced? While the second FED interest rate decision of 2024 is expected to have an impact on gold, dollar, oil and crypto currencies, the FED will announce its March decision on March 20 at 21:00 CET. FED President Jerome Powell will make a statement after the decision. In Which Direction Are Expectations Concentrating? While no reduction is expected in March in line with the statements made by…
In the realm of cryptocurrency, Dogwifhat (WIF), the Solana-based meme coin has emerged as a standout performer, captivating the attention of investors with its meteoric rise. Adding fuel to the fire, BitMEX CEO Arthur Hayes has boldly predicted that WIF’s price will soar to $2, further fueling excitement within the crypto community. Notably, the prediction comes amid a time when WIF price was up over 40%. Arthur Hayes’ Optimistic Price Forecast BitMEX co-founder Arthur Hayes has once again captured the spotlight in the crypto world with his bullish prediction for dogwifhat (WIF). In a recent post on X, Hayes expressed…
The crypto market is experiencing a noticeable increase as Bitcoin (BTC) is inching closer to surpassing its highest peak. The cryptocurrency posted a steep rally that saw it hit $68,800 before pulling back to $67,373, representing a 24-hour rise of 5.6% and a huge 19.6% over the week, as per CoinStats data. BTC/USD 7-day Price Chart (source: CoinStats) This rise brought Bitcoin close to its all-time high figure of $69,045, which was recorded in November 2021, therefore triggering talks on market dynamics and the trajectory the cryptocurrency may follow in the future. Market Dynamics and Capital Inflow The past few…