Author: NBTC

Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, has seen a staggering increase in transaction fees over the past 24 hours as, according to data from Shibariumscan, the total number of BONE spent on gas fees has jumped from 15.67 to 317 tokens, a staggering 2,024% increase. For those who do not know, BONE is the native token of the ecosystem around the popular meme-inspired cryptocurrency and serves as the fuel for transactions on the Shibarium network. In addition to covering transaction fees, BONE also plays a critical role in burning the original Shiba Inu token, SHIB. Thus, every…

The European Central Bank and several EU governments are reportedly at odds over the regulatory framework for the digital euro. A conflict is escalating between Europe‘s powerful nations and the European Central Bank regarding the regulation of the digital euro, a digital form of central bank money which has been in the development by the European central bank since 2021. Per a Politico report, which cites sources close to the matter, several European governments, including France and Germany, contend that the ECB is overstepping its authority by controlling how much digital currency individuals can hold in central bank-backed wallets. This…

Bitcoin’s price may drop further, currently down to $55,900 with bearish trends forming. Expert Ali Martinez warns of a potential crash if Bitcoin breaks $51,000 support level. Bullish triangle pattern possibility indicates Bitcoin could hold above $48,888 and rise. Bitcoin’s price fall doesn’t seem to be stopping anywhere soon. As of now, Bitcoin is down 2.20% to about $55,900, its lowest level in a month, with a market cap of $1.10 trillion. However, insights from BitcoinSensus point to two key corrective patterns forming on the daily chart. These could be crucial in deciding if Bitcoin’s price will go lower or…

Hex Trust, a digital asset custody and markets service provider, has partnered with the Stacks Asia Foundation to support the Stacks layer and all Stacks-based assets on its platform. Hex Trust will operate its own Stacks Signer, offer Stacking services, and plans to add on-ramps for Stacks DeFi applications when WalletConnect becomes available. One initial step includes supporting SIP-010, the Stacks standard for fungible tokens, enabling easier transfers and tracking across applications. T his integration strengthens Hex Trust’s presence in Asia and the Middle East, where it holds regulatory licenses in Hong Kong, Singapore, and Dubai. “Hex Trust’s support for…

The trendy meme coin “First Neiro On Ethereum” (NEIRO), recently listed on Binance, has experienced significant price volatility, impacting trading outcomes for investors. Recent on-chain data shows mixed results for traders. One investor, using the wallet “rektdolphin.eth,” managed to recover from earlier losses by making a profitable move with NEIRO. Analysis reveals that Rekt Dolphin engaged in multiple transactions involving NEIRO and PEPE over the past month. Specifically, this wallet acquired 2.22 billion NEIRO by selling 12 billion PEPE, valued at $94,900. However, the trader later sold the NEIRO tokens at a loss for 22 ETH, approximately $59,500. Further Profitable…

Ripple co-founder, Chris Larsen, stated that he is certain Kamala Harris will be able to rectify what he considers the Biden administration’s “failed” approach to crypto. In an interview with CNBC released on Oct. 29, Chris Larsen explained the reason why he has donated over $11.8 million to political action committees supporting Vice President Kamala Harris’s presidential campaign. The Ripple(XRP) co-founder said that he believes the Democratic candidate will take a completely different approach to Biden when it comes to digital assets. “I’m just really, really confident that this is going to be a completely different approach than the failed…

As Bitcoin struggles to recover from recent losses, notable analyst Michael van de Poppe suggests a major bull run may be on the horizon. Drawing comparisons to historical financial events, van de Poppe believes the current economic cycle is similar to the 1930s Gold Standard and the dot-com bubble of 2000. His analysis highlights the growing concerns surrounding the U.S. economy and its global position, which could fuel a massive Bitcoin surge. The U.S. Economy’s Weakening Position Van de Poppe highlights growing concerns about the U.S. economy, noting troubling economic data such as job openings and ADP non-farm employment changes,…

AgriDex, a prominent Real-World Asset (RWA) marketplace over Solana, announces a strategic collaboration with Bridge, an on-and-off-ramp service provider. This collaboration is aimed to revolutionize global agricultural trading by streamlining financial transactions through decentralized finance (DeFi). Additionally, both firms will collaborate to increase the ease and standard of agri-business deals for farmers and traders globally by providing stablecoin solutions. Transforming Agricultural Payments AgriDex and Bridge’s cooperation changes the nature of financial transactions in the agricultural market, which comprises $2.7 trillion in agricultural trades. AgriDex utilizes Bridge’s payment infrastructure, enabling customers to seamlessly convert digital assets to USD. This significantly reduces…

Ethereum price remains in a deep bear market, continuing to underperform other top cryptocurrencies like Tron, Bitcoin, and Solana. The ETH token was trading at $2,500 on Monday, a few points above last week’s low of $2,385. It has dropped by almost 40% from its highest level this year, giving it a market cap of $300 billion. Ethereum sluggish ETF inflows The first reason why Ethereum price has remained in a bear market is because of the ongoing sluggish demand of ETFs from institutional investors. Ethereum ETFs have had cumulative outflows of $504 million, bringing the total assets to $6.8…

Wintermute, a prominent algorithmic crypto trading firm, has started aggressively accumulating Neiro On Ethereum (NEIRO), one of the hottest meme coins. Its accumulation spree started earlier this month. Now, the firm holds nearly 62.5 million tokens. This sum represents more than 6% of the total NEIRO supply. Earlier this week, NEIRO experienced a massive triple-digit price surge after being listed on the Binance exchange. Its market cap surged above the $200 million threshold. According to data provided by CoinMarketCap, the token is currently down 28.32% over the past week. It is currently trading at $0.11, with its market cap sitting…