Author: NBTC
Ripple partner Peersyst has vowed to usher in more demand, users, developers, investors, and banks to the XRP ecosystem via the much-anticipated EVM sidechain. The disclosure came from Peersyst’s CEO, Ferran Prat, during a recent interview with Tokyo-based prominent XRP community figure Eri. “Huge mistake” the #XRP Ledger is the only one in the top 10 that doesn’t have an EVM layer, making #XRPL more isolated.New @Ripple Partner Ferran Prat, CEO of @Peersyst intends to bring:more demandmore usersmore developersmore investorsand more banks#EVMSidechain pic.twitter.com/90C7SjuRmk — 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) February 10, 2024 XRPL Lagging Behind 2024 Standard During the interview,…
Elon Musk is the most influential persona on Twitter with the biggest number of followers. Today, after just greeting his community, Musk got back a wave of bullish comments from the crypto Twitter users who were apparently inspired by Bitcoin’s jump above the $50,000 level on Monday. Musk faces bullish crypto sentiment as Bitcoin reaches $50,000 Elon Musk, centibillionaire, the boss of Tesla, X (formerly Twitter), SpaceX and other innovative tech companies, faced an inflow of positive and bullish comments from leading cryptocurrency-themed accounts, traders and crypto platforms. The cryptocurrency community seems to be in a tremendous excitement about the…
Ethereum price struggled to extend gains above $2,600 and $2,620. ETH trimmed gains and might struggle to stay above the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,620. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair start another increase if the bulls protect the $2,500 and $2,470 support levels. Ethereum Price Revisits Support Ethereum price started a fresh increase above the $2,520 resistance zone. ETH even climbed…
Famous American businessman Elon Musk has taken to the X (formerly Twitter) platform to profess his love for Shiba Inu puppies. The tech billionaire made this known in a recent tweet as he attached a photo showing different juvenile dogs, including his favorite Shiba Inu dog. I love puppies pic.twitter.com/IalJYhayec — Elon Musk (@elonmusk) February 11, 2024 As expected, the development stirred reactions from dog-themed cryptocurrency enthusiasts, including Shiba Inu, Floki Inu, and Dogecoin supporters. Musk’s Love for Shiba Inu Dog It is common knowledge that Musk loves the Shiba Inu dog breed. He has made this known several times,…
Spot Bitcoin ETFs saw another massive inflow of $493.3 million on Monday, the third-largest net inflow to date, as BTC price breaks above $50,000. Experts believe BTC price rally will continue amid demand build-up from Bitcoin ETFs and derivatives traders. Spot Bitcoin ETF Saw $493.3 Million Net Inflow The new nine and Grayscale’s GBTC spot Bitcoin ETF started the week strongly with a $493.3 million net inflow on February 12, according to the latest Bitcoin ETF flow data. BlackRock (IBIT) recorded a record inflow of $374.7 million, with total inflow reaching over $4.126 billion. BlackRock Bitcoin ETF now has asset…
In a recent report, research-driven investment firm Paradigm shared their perspectives on the upcoming Ethereum hard fork, Prague, and their broader development plans for 2024. According to the report, the Prague hard fork is expected to make its debut on Ethereum testnets by Q3 2024, with a potential mainnet launch by the end of the same year. The primary objectives for this hard fork include the incorporation of staking-related Ethereum improvement proposals (EIPs), specifically EIP-7002, which facilitates re-staking and trustless staking pools. Additionally, the Prague upgrade aims to introduce isolated Ethereum Virtual Machine (EVM) changes. The report highlights several EIPs…
Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors. In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered their fees on their spot Bitcoin ETFs in response to the competitive landscape in the U.S. market. Cathie Wood’s Ark Investment Management, initially indicating a 0.8% fee for its spot Bitcoin ETF, eventually launched with no fees for the first six months or until assets…
In a flurry of unusual transaction activity, popular cryptocurrency XRP and cross-border crypto remittances company Ripple have made significant moves within the last 12 hours. According to reports from Whale Alert, a staggering 100 million XRP, valued at almost $52.6 million, were transferred from an unknown wallet to Ripple. The timing of this transfer is particularly noteworthy, as it comes amid heightened attention from the crypto and XRP communitiws. Just prior to this influx, Ripple initiated another substantial transfer, sending 80 million XRP, worth slightly over $42 million, to another undisclosed wallet. 🚨 🚨 80,000,000 #XRP (42,057,144 USD) transferred from…
Scholar and risk managing expert, author of bestselling books, including “Black Swan” and “Antifragile”, Nassim Nicholas Taleb suddenly backed from his pro-Bitcoin position exactly three years ago to become a rigid BTC critic. It happened a few months before Bitcoin his its first all-time high in 2021 – $63,000. Taleb’s arguments against Bitcoin In his tweet published on February 12, 2021, Taleb stated that he had began getting rid of his Bitcoin holdings. Explaining why he began to do that, the scholar wrote that “a currency is never supposed to be more volatile than what you buy and sell with…
Ki Young Ju, founder and CEO of CryptoQuant, leading on-chain analytical firm, shared his views on the Ethereum (ETH) staking progress. He admits he was wrong about Shapella hard fork’s effects. Ethereum (ETH) staking ratio surges to 24% and counting Ethereum (ETH) staking ratio, i.e., the percentage of ETH coins locked in staking, reaches 24% and keeps surging. Meanwhile, only 11% of the ETH supply is stored on centralized exchanges. The data was shared by Ki Young Ju on X today, on Jan. 18, 2024. $ETH staking now at 24% of total supply, with only 11% on exchanges.Tbh, I expected…