Author: NBTC
Despite the most recent retracements in the crypto markets, the overall trend in the past several months has been quite bullish, leading to a new all-time high for Bitcoin and a multi-year peak for Ethereum. Consequently, their market capitalizations increased as well a lot lately and that made them some of the largest financial assets by that metric. But where exactly does Ethereum stack up? ETH in the Top 25 CryptoPotato frequently reported Bitcoin’s progress as the asset entered the top 10 financial assets in February by surpassing Warren Buffett’s Berkshire Hathaway. A few weeks down the line, BTC’s market…
Uniswap, an Ethereum-based decentralized exchange (DEX), stands at the brink of a transformative shift in the decentralized finance (DeFi) sector. A new governance proposal seeks to redirect protocol fees to UNI token holders, marking a significant stride in democratizing the network. Uniswap Community Supports New Proposal Snapshot voting indicates overwhelming community backing for the fee reward proposal, slated to conclude by March 7. The proposal entails upgrading the UniswapV3Factory contract and empowering seamless and programmatic collection of protocol fee revenue. This strategic move aims to fortify the governance framework, endowing UNI token holders with heightened influence over decision-making processes. “Specifically,…
Two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, will remain in Nigerian custody at least until a hearing on March 20. The men were arrested on Feb. 26 after flying to Abuja to meet with the Nigerian government at the government’s invitation. The country is experiencing a foreign exchange crisis and has accused Binance of contributing to the crash of its currency, the naira. Two senior Binance executives will remain detained in Nigeria at least through a March 20 hearing, according to a Wednesday report from the Wall Street Journal. The two men – American citizen Tigran Gambaryan, Binance’s head…
Major coffee retailer Starbucks said on Friday afternoon it will be ending its NFT-enabled customer loyalty program, dubbed Odyssey. The program will close on the last day of March. “The Starbucks Odyssey Beta must come to an end to prepare for what comes next as we continue to evolve the program,” Starbucks said in an update to the program’s FAQ page. The NFTs customers could earn through Odyssey, called Stamps, will be transferred to the NFT platform Nifty Gateway, where they can continue to be bought and sold, Starbucks added. It’s the latest in a growing trend of non-crypto companies…
Volume of futures tracking meme coins continued to rise massively on Saturday as bets against non-serious tokens lost a cumulative $50 million in the past 24 hours, a sign of irrational exuberance. Data from Coinglass shows shorts, or bets against, on dogecoin, shiba inu, pepe, floki and bonk saw over $50 million in liquidations in the past 24 hours, contributing to price surge among these tokens. Liquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin. It happens when a trader is unable to meet the…
The ongoing legal battle between Ripple Labs Inc. and the Securities and Exchange Commission (SEC) has entered a new phase with revised deadlines for remedies briefing. James K. Filan, an attorney covering the legal battle, took to X to outline the updated schedule: the SEC’s opening brief is set for March 22, Ripple’s opposition brief is due by Apr. 22, and the SEC’s reply brief is expected by May 6. In February, Ripple sought a one-week extension for remedies-related discovery, moving the deadline from Feb. 12 to Feb. 20. This request came after a dispute over the relevance of post-complaint…
Cryptocurrency exchange Binance is tightening requirements for listing new tokens on its platform. According to a March 15 report from Bloomberg, Binance will tighten listing requirements for new tokens to enhance investor protection on its platform. Executives involved in the Binance listing, who spoke anonymously to avoid jeopardizing business relationships, said the changes threaten their profitability and make listing new tokens prohibitively burdensome. One of them verbally complained to Binance management about the tightening of requirements. The changes began to take effect late last year, said the source, who asked not to be identified. You might also like: Binance to…
CCData serves as a leading provider of digital asset data and indices. They meticulously collect real-time and historical market data from a vast network of global cryptocurrency exchanges. This comprehensive data encompasses prices, trading volumes, order book information, and various other metrics crucial for understanding the ever-changing dynamics of numerous digital assets. CCData prioritizes the accuracy and reliability of this information for the benefit of its clients. Beyond data collection, CCData specializes in developing and calculating highly granular crypto indices. These indices act as benchmarks for different market segments, providing valuable insights for investors. CCData adheres to transparent, rules-based methodologies…
According to the latest data, the Runestone non-fungible token (NFT) compilation has emerged as the leading NFT collection across various multi-chain support marketplaces. As of now, a Runestone NFT’s base price fluctuates between 0.047 and 0.048 bitcoin, which translates to approximately $3,163 based on the current bitcoin exchange rates. Runestone NFT Collection Achieves Top Spot Across Key Marketplaces As of March 17, 2024, data shows that Runestone’s NFT compilation holds the top spot in sales on the Okx and Magic Eden marketplaces. Magic Eden has seen Runestones generate a trading volume of 173.1 BTC or $11,649,906. Since its initial listing,…
Lite.Space introduces a 15% service fee on contributions to support long-term growth and sustainability, effective March 1, 2024. Through campaigns and bounties, Lite.Space drives innovation by raising funds for projects like integrating Mimblewimble. Lite.Space, an essential platform in the development and expansion of Litecoin, has now published an extensive report on its crowdsourcing endeavors this is according to a post on X. Since its founding in November 2023, Lite.Space has driven innovation and community-driven activities within the Litecoin ecosystem. Exciting news from the https://t.co/ChIVzEszJb team! Check out our latest crowdfunding update and see how we’re driving Litecoin’s growth and innovation.#Litecoin…