Author: NBTC
According to the data shared by the blockchain tracking platform Shibburn, since last morning the Shiba Inu community has managed to dispose of over 177 million SHIB meme coins. It happened while the second major meme-inspired cryptocurrency SHIB collapsed by 40% and then staged a substantial recovery earlier today. Meanwhile, in the wake of recent SHIB price trajectories, whale activity has increased drastically as trillions of SHIB have been moved by large holders. 177 million SHIB burned Shibburn spreads the word about a significant amount of meme coins transferred to unspendable blockchain wallets within the past 24 hours. Overall, an…
Telos, a Zero-Knowledge technology-driven L1 decentralized network that provides privacy and scalability, has partnered with Unizen. The collaboration between Telos and Unizen, a decentralized exchange aggregator that offers access to more than 20,000 assets, focuses on enhancing interoperability and promoting growth. Unizen now provides respective access to ten networks because Telos has joined it with the latest addition. Telos partners with @unizen_io DEX aggregator. Why Unizen? 🔍Unizen offers a trade-splitting algorithm for efficient swaps & provides access to 20,000+ assets across now 10 networks, thanks to Telos joining as the latest addition.👉https://t.co/xpn8QNqwWh pic.twitter.com/oR5XMQj80u — The Telos Foundation (@HelloTelos) March 12,…
Paolo Ardoino, the CEO of Tether, the issuer of USDT, the world’s largest stablecoin by market cap, has taken a jab at Digital Currency Group (DCG), the distressed crypto firm currently facing a lawsuit from the New York Attorney General (NYAG). In a March 11 post on X, the CEO mocked DCG in the wake of newly revealed court documents. Fillings allege that the CEO was short “400 million” USDT following rumors of its instability when the crypto hedge fund Three Arrows Capital (3AC) collapsed. DCG and Barry Silbert feared that Tether “would blow up” and decided to hedge risks…
As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in the opening week of March 2024, a total of 4,237.73 ancient bitcoins, valued at over $283 million, were spent for the first time after all these years. March 2024 Marks the Revival of ‘Sleeping Bitcoins’ With $283 Million Transacted On Tuesday, Bitcoin.com News reported on a significant transaction involving a mega whale who transferred 1,000 BTC from 20 distinct 2010…
Coinbase shares upgraded to market perform from underperform at Raymond James. The firm cited the positive impact of spot bitcoin ETF flows on crypto valuations. Goldman Sachs revised its negative rating on the shares last week. Investment bank Raymond James is the latest Wall Street firm to revise its negative rating of the shares of crypto exchange Coinbase (COIN), after surging exchange-traded fund (ETF) inflows triggered a rally in the stock and bitcoin (BTC) pushed to all time highs. While Raymond James said its long-term bias on Coinbase remained negative, the firm admitted to underestimating the impact that spot ETF…
While the leading cryptocurrency Bitcoin (BTC) showed sharp volatile movements in the last 24 hours, the long-awaited $ 69,000 was reached yesterday. However, this visit of Bitcoin was short-lived and it fell to $ 59,000 due to the sales pressure. While there was a bloodbath in Bitcoin and altcoins, according to Coinglass data, 296,029 investors became liquid, while $ 1 billion in leveraged positions were liquidated. While there were sharp ups and downs in the market, on-chain data tracking platform Nansen announced the most purchased cryptocurrencies in the last 24 hours. According to Nansen data, while Bitcoin and altcoins exhibited…
Brave, a privacy-focused web browser with over 60 million users, has rolled out an update to its desktop version (1.63) that introduces support for Native SegWit Bitcoin wallets within its built-in Brave Wallet. Additionally, Brave Wallet now enables users to send and receive from all types of Bitcoin addresses, including Legacy, Nested SegWit, Native SegWit, and Taproot, ensuring compatibility with third-party wallets. #Bitcoin is now available in Brave Wallet on desktop!Just make sure you’re on the latest version of Brave (v1.63) and you’ll see the option in the “Accounts” section of Brave Wallet.Details are in today’s blog post 👉 https://t.co/bSM1UFzu0p…
The enigmatic Shiba Inu lead developer, Shytoshi Kusama, has hinted at releasing a SHIB-themed service for enthusiasts. In a recent post on X, Kusama issued a cryptic message about efforts the Shiba Inu ecosystem team has been undertaking behind the scenes to improve the ecosystem. He disclosed that while the teams of competing projects are asleep, the Shiba Inu leadership is in talks with significant entities for pivotal collaborations. Shiba Inu-themed Product in Horizon Kusama emphasized that these undisclosed discussions are geared toward releasing a crucial Shiba Inu-themed product and service. In the words of the Shiba Inu ecosystem leader:…
After hitting a new all-time high on March 5, and facing a price collapse later, Bitcoin (BTC) was back above $67,000. At press time, CoinMarketCap showed that the coin has gained 3.98% in the last 24 hours, indicating that the selling pressure initially experienced was fizzling out. A critical analysis of the 4-hour BTC/USD chart showed that bulls were aggressively buying the dip. Furthermore, demand for Bitcoin ETFs as well as the hike in spot volume contributed to the recovery. Bitcoin 4-Hour Analysis As it stands, bears risk being put out of the market. At press time, buyers might face…
Shiba Inu (SHIB) had faced a retracement from its recent high, dumping by as much as 42% in a few hours due to multiple factors such as market dynamics. The broader crypto market is facing a major correction that has sent prices below major support levels. Shiba Inu has not escaped the onslaught, being one of the most impacted crypto assets in the market, with the token erasing some of the gains of the previous day. Notably, Shiba Inu initially surged to a high of $0.00004567 yesterday as the market run gained considerable steam. The asset had breached several resistance…