Author: NBTC
Micro3io, a decentralized platform, has gone live on opBNB, utilizing the power of BNBChain to bring a transformative change to the NFT creation and minting process. Micro3io aims to redefine the landscape for minting and creating on opBNB by introducing innovative solutions to two major challenges: gas fees and deployment timing. The platform is committed to minimizing the traditionally high gas fees associated with NFT transactions. This move is anticipated to make NFT creation more accessible to a wider audience by reducing the financial barriers often faced by creators. @Micro3io is now live on opBNB, powered by @BNBChain. We’ll re-shape…
Justin Sun and Another Whale Accumulate Over $180,000,000 Worth of Ethereum in Less Than Two Weeks: Lookonchain
Tron (TRX) founder Justin Sun along with an unknown crypto whale have accumulated massive amounts of Ethereum (ETH) in the last two weeks, on-chain data shows. Blockchain tracking firm Lookonchain reports that Sun and a fellow deep-pocketed entity have acquired over $182 million worth of Ethereum since December 26th. First, Lookonchain notes a wallet beginning with 0x9314 that has purchased a total of $143 million in ETH since New Year’s Day from a decentralized exchange (DEX). “Whales are accumulating ETH! Whale ‘0x9314’ spent $48 million to buy 21,192 ETH at $2,265 from the DEX… and has bought 79,980 ETH ($143…
Swan Bitcoin recently announced numerous new lines of business, including bitcoin-backed lending, venture and private equity investments, and incredibly, a trading fund. Indeed, despite repeated warnings against active trading and an unwavering buy-and-hold message regarding bitcoin, Swan has hired a quant trader from Chicago to actively trade the currency. Fortune Crypto wrote that Swan “deployed” $200 million worth of capital in 2023. In that piece, Fortune publicized Swan’s “$40 million in funding raised in 2023 for expansion efforts.” However, it was initially difficult to determine exactly how much equity Swan sold to raise that capital. That “$40 million in funding…
Despite individual projects like Struct Finance experiencing growth, the overall volumes of DEX transactions on the Avalanche network have continued to decline. The Avalanche ecosystem is looking forward to some key developments such as the Durango upgrade, designed to enhance inter-chain transactions and scalability. Recent developments in decentralized exchanges (DEXes) operating on the Avalanche network have sparked optimism for the protocol, following a period of declining activity observed over the past few months. While interest in the Avalanche ecosystem had waned, the announcement of Struct Finance as a recipient of up to $1 million in Avalanche Rush Incentives by the…
Bitcoin continues to maintain its momentum toward the upward trajectory, touching the $68,000 price mark earlier today, leading to speculations about how long it will take to hit a new peak. Bitcoin To Reach $70,000 In A Matter Of Time With the price action of Bitcoin today, several crypto analysts are bullish about BTC as they believe that the crypto asset could reach a new peak very soon. The digital asset recently touched the $68,000 threshold for the first time in nearly 3 years, placing it just short of capping off a notable recovery. In a post on the social…
Ethereum price is struggling to clear the $2,300 resistance zone. ETH is showing a few bearish signs and might decline toward the $2,080 support. Ethereum is still struggling to clear the $2,280 and $2,300 resistance levels. The price is trading below $2,260 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline if it stays below the $2,300 resistance zone. Ethereum Price Faces Major Hurdle Ethereum price attempted a fresh increase above the $2,200 level, like…
Latest reports disclose that Cardano (ADA) made a 54 percent surge in its 24-hour trading volume. Analysts, however, question the reason for such a sharp surge, linking it to the increasing selling pressure rather than buying interest. Cardano (ADA) makes an incredible turn to drive its derivative and spot market to $1 billion after recording a whopping surge of 54 percent in trading volume. According to reports, this constitutes 5.88% of the total market cap of $18,109,521,029. In the past 24 hours, ADA has surged by 4.3% in addition to a 4% weekly run, trading at $0.510835. The sharp surge…
Circle, the U.S.-based stablecoin issuer, is taking another swing at going public, according to a confidential document filed with the Securities and Exchange Commission (SEC). This will be the major crypto firm’s second attempt at a public listing, after its initial plan to merge with a special purpose acquisition company, or SPAC, fell through in 2021. With cryptocurrencies rebounding amid a strengthening economy, this year looks set for a potential rebound in investment funding and potential initial public offerings in the blockchain sector. Despite existing for 15 years, there are remarkably few publicly-traded companies in the crypto sector. In December,…
Chainlink is driving new advances in financial adoption through programmable token transfer innovation. The protocol’s native token LINK is poised for massive upshoot according to analysts. Chainlink (LINK), a decentralized blockchain oracle network built on Ethereum (ETH) has introduced programmable token transfers, a game-changing development that promises to redefine the global financial systems. Chainlink’s Programmable Token Transfers Programmable token transfers enable both value and data to move seamlessly across markets and between institutions. This capability represents a leap forward, as it streamlines complex financial transactions that traditionally required days to settle, involved manual input from multiple parties, and exposed buyers…
In recent years, discussions have flourished around the visionary predictions of famed architect and systems theorist Buckminster Fuller, who is said to have anticipated a concept akin to Bitcoin. Similarly, industrial magnate Henry Ford is credited with imagining a novel energy currency with the potential to halt wars. Furthermore, Friedrich Hayek, a towering figure in free-market economics and Nobel Prize winner, is believed to have predicted a Bitcoin-like system. References often include a 1984 video in which Hayek speculated about a future utilizing a “sly, roundabout way” to start “opening accounts in something.” Hayek Believed Government Control Stifled Monetary Innovation…