Author: NBTC

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. It started with an understated “woo-hoo” and a laugh. The latest Ethereum All Core Developers (ACD) call marked a milestone for being the 200th such meeting. As Galaxy’s Christine Kim noted on X, “[W]hat’s cool about these calls is that through the years they’ve remained open, transparent and accessible for anyone to join and listen in on. [A]lso, devs still rely on these calls to act as a critical forcing function for making key governance decisions about [E]thereum.” As usual, developers discussed key updates around testing networks…

A new scandal involving popular cryptocurrency Cardano (ADA) has erupted on social media. The case concerns the ADA staking mechanism device, with some crypto-entertainers stating that the only reason why the token is still at the top of crypto rankings is that its stakers cannot sell it because their assets are locked in staking. Moreover, the unlocking should happen in October and then, according to these analysts, it remains to be seen whether the Cardano token is being held for real. Statements like this have caused quite a stir in the ADA community and have even caught the attention of…

Mark Yusko, CEO and CIO at Morgan Creek Capital Management, believes that the price of Bitcoin could potentially reach six-digit territory within a month. During a recent appearance on Paul Barron Network, Yusko stated that the largest cryptocurrency could go right through its “fair value” “As soon as the price starts to rise, what do human beings do? We chase momentum. So, the momentum followers come in, and that pushes further, and then we get what I call the ‘Thanksgiving effect.’ I think that this Thanksgiving will be the best Thanksgiving ever,” he explained. According to Yukso, the network value…

Republican Mike Collins, re-elected to the U.S. House of Representatives in Georgia’s 10th Congressional District, holds Ethereum. Collins disclosed an investment in Ethereum (ETH) worth nearly $80,000, according to the platform Quiver Quantitative. The platform, which tracks investment purchases and trades of key public figures, shared this via a post on X on Nov. 8. As well as Ethereum, the lawmaker has reportedly also purchased $15,000 worth of Aerodrome (AERO). Aerodrome is an automated market maker and decentralized exchange that functions as the central liquidity hub for Base, a layer-2 network on Ethereum launched by Coinbase. Rep. Collins disclosed the…

Polygon rapidly expands with upgrades, partnerships, and the migration from MATIC to POL tokens. The network’s stablecoin market cap has doubled to $2.1 billion. Polygon is accelerating its growth and influence in the blockchain space with a series of strategic upgrades, partnerships, and developments. From tokenized assets to breakout applications, the platform is positioning itself as a hub for decentralized projects and real-world asset integration. The transition from MATIC to POL, combined with increased daily active addresses and NFT sales, highlights Polygon’s position as a leading force in the blockchain industry. • token upgrades• $2.1B stablecoin market cap• #2 tokenized…

U.S. Senator Sherrod Brown, a longtime crypto skeptic and chair of the powerful Senate Banking Committee, has lost his re-election bid in Ohio to Republican Bernie Moreno, handing a significant win to the crypto lobby after a record-breaking investment campaign. Brown’s loss comes after Fairshake, a pro-crypto super PAC, poured an astonishing $40 million into unseating the influential Democratic incumbent, marking the largest share of its national budget. The former Democratic incumbent has secured 2.4 million votes, or 46.1%, to Moreno’s 2.6 million, representing a 50.5% share, according to the latest figures from The Associated Press. His defeat represents a…

A well-known Bitcoin whale has accumulated more than 600 $BTC (nearly $43.33M) over 2 weeks. As per Lookonchain, a popular on-chain analytics firm, the accumulation of an additional 600 $BTC results in the whale’s total holdings reaching a staggering 2,000 $BTC (accounting for $144.82M) over the last 2 weeks. The analytics provider discussed this event on the social media platform X. A whale accumulated another 600 $BTC($43.33M) 2 hours ago.The whale has accumulated 2,000 $BTC($144.82M) in the past 2 weeks, with an unrealized profit of $6.3M!Address:bc1quyzu5xj0m4nczlfa0njzfgf8z0t7spsfz28ly5cn6v8w8mk4ra5s07ypfr pic.twitter.com/zvTyZwFVDZ — Lookonchain (@lookonchain) October 30, 2024 Bitcoin Whale Sees $63M in Unrealized Gains…

Bears shorting the market continue to be on the wrong side of the spectrum as almost all cryptocurrencies are charting more gains ever since Donald Trump won the 2024 US presidential elections. In the past few hours alone, BTC tapped a fresh peak at over $77,000, while ETH is itching closer to $3,000, and a particular whale was caught off guard on BitMEX. It has been a rather spectacular week for the cryptocurrency market. It all started as it became evident Trump will be the next US president on Wednesday morning. Bitcoin, which has been praised by the Republican candidate…

In the last 24 hours, the Shiba Inu (SHIB) ecosystem has recorded significant activity as volatility persists in the broader cryptocurrency space. A key metric of SHIB, its deflationary mechanism, the burn rate is on a massive surge. According to Shibburn, this index has spiked by a massive 8,193% as the network tries to checkmate the recent price crash. Millions of Shiba Inu removed from circulation This surge removed 3,106,197 SHIB from the circulating supply. Eight transactions involved the burning exercise, which sent the tokens to dead wallets. The last transaction recorded sent one million tokens in a single batch…

Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives, according to Stand With Crypto. In the Senate races, pro-crypto candidates also show promising results as Republicans take back control of the Senate. Fourteen candidates who strongly support crypto have been elected so far, compared to nine who are opposed. Notably, in Ohio, Republican Bernie Moreno, a strong crypto advocate, has won the Senate seat with…