Author: NBTC
Shiba Inu investors holding 100 million tokens at the current price could witness their holdings skyrocket to $1 million if SHIB reaches a value of $0.01. The broader crypto market is currently witnessing a downward push, with prices collapsing to monthly lows in recent times. As a result, the global cryptocurrency market cap has dropped to $2.38 trillion at last check, down from the $2.76 trillion peak last month. Amid the ongoing collapse, Shiba Inu has faced market turbulence, down nearly 45% from the $0.000045 yearly high attained last month. Despite the ongoing bearish pressure, optimism prevails within the Shiba…
State Street Corporation, one of the oldest banks in the United States, is actively searching for a leader for its digital assets solutions team. This move signifies the bank’s serious commitment to expanding its presence in the cryptocurrency space. The new Head of Digital Solutions role, based in Boston or London, offers an annual salary of $225,000 to $337,500. State Street Continues Expanding Into Tokenization and Blockchain Sectors Despite its rich history dating back to 1792, State Street’s journey into the digital assets arena is a recent development. The bank has invested in and partnered with others to build its…
Bitcoin’s price has been consolidating above the $60K mark, failing to continue its upward trajectory. Yet, soon, it will become evident whether the market will pull back further or make a new all-time high. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been rejected from the $70K resistance level and is on its way to retesting the $60K support zone. If Bitcoin breaks below $60K, a massive drop toward the $52K area becomes much more likelier. Yet, if the price successfully reclaims the $68K level, creating a new all-time high would likely…
Milady Maker led CryptoSlam’s daily non-fungible token (NFT) sales chart on Tuesday with US$1.07 million, up from Monday’s US$267,554. Milady’s Tuesday surge follows backlash against Yuga Labs, the owner of the CryptoPunks IP. The company faced criticism for announcing on Monday a new NFT collection focusing on race and gender, tied to CryptoPunks, the day’s second-ranking collection. While disappointed CryptoPunks owners warned they might sell their NFTs, members of the Milady community predicted that the funds would flow into Milady. cryptopunk rotation into milady is going to give you whiplash — mischief – very special 🎖️🏆 (@y2k_mischief) May 21, 2024…
OKX Ventures, an investment division of the largest digital assets exchange and Web3 solutions provider, OKX, has announced its investment in Monad Labs. Currently, Monad Labs is developing a smart contract platform for developers in order to reshape the decentralised digital world. This is a perfect example of OKX Ventures’ readiness to support new-generation projects in blockchain technology and decentralized systems. 🚀 Exciting news! OKX Ventures is investing in Monad Labs to drive innovation in Web3 and decentralized computing. @monad_xyz Together, we’re shaping the future of blockchain technology! 🌐💡 Read more: https://t.co/Md7WzK6Djd#OKXVentures #MonadLabs #Web3 #Blockchain… pic.twitter.com/MEhMedCvVz — OKX Ventures (@OKX_Ventures)…
Shibarium, the layer-2 solution of Shiba Inu, has completed its hard fork, according to a recent announcement. The new hard fork is supposed to bring “blazing-fast” transactions as well as “predictable” gas fees. A hard fork refers to a major software upgrade that splits a certain blockchain network into two separate chains. It is meant to implement major changes that are not backward-compatible. Last month, the Shiba Inu team stated that the hard fork was necessary in order to unlock “next-level capabilities” on the Shiba Inu network. The transformative upgrade was necessary in order to deliver new value and simplify…
KOI, Kingdom of Inscription, a unique game economy powered by AI and Bitcoin liquidity, is pleased to reveal that they have entered into a partnership with B² Network, the prime choice for Bitcoin’s Layer-2 framework. This partnership is aimed at adding a new layer of liquidity to the Bitcoin ecosystem and offer more opportunities to users. Collaboration @Koi_BTC 🤝 @BSquardNetwork@Koi_BTC introduces a groundbreaking platform that combines the joy of virtual pet care with sophisticated AI competitive elements, all anchored on the Ethereum blockchain.Look forward to boosting the liquidity within the Bitcoin… https://t.co/v3CUMid5dS — B² Network | BTC Layer2 (@BSquaredNetwork) May…
Preliminary data from Farside Investors revealed that four of the new spot Bitcoin ETFs had another day of zero flows on April 16. These were Bitwise (BITB), Invesco Galaxy (BTCO), WisdomTree (BTCW), and Hashdex (DEFI). Additionally, Grayscale’s GBTC and ARK 21Shares’ ARKB had outflows of $79.4 million and $12.9 million respectively. Nevertheless, Bloomberg ETF analyst James Seyffart said this was perfectly normal. To all those people emailing us, saying we have a bug, because that many flows cannot be zero and its too much of a coincidence. See this thread from @JSeyff Bitcoiners clearly do not understand ETFs, we are…
Speaking with crypto.news, Matthijs de Vries, CEO and Founder of Nuklai, delved into the ethical implications of AI use in the NFT sector. The onset of AI has opened up a lot of new possibilities, and one of the sectors that has leveraged this technology heavily is NFTs. From generating NFT art to enhancing verification processes, AI is becoming a pivotal tool in the decentralized digital art world. However, this rapid integration also brings about some ethical concerns. Issues such as intellectual property rights, the potential for misuse of AI-generated content, and the transparency of AI algorithms are at the…
As blue-chip cryptos stabilize, traders are turning to the on-chain markets in search of top crypto gainers. Tools like DEXScreener are being used to locate trending and pumping coins. Top crypto gainers today include Crypto Felon (FELON), Yield (YIELD), and Book of Bitcoin (BOOB). Discover today’s top crypto gainers on DEXScreener, including FELON, YIELD, and BOOB. Learn about the current state of the on-chain markets and the alternative investment strategy of presales. Traders Turn to On-Chain Markets With Bitcoin (BTC) consolidating below $60,000 and major altcoins also consolidating, traders are turning their attention to the on-chain markets. These markets refer…