Author: NBTC

Leading Telegram crypto game Hamster Kombat is gearing up for its token launch on Thursday, and over the weekend, the developers told players how many tokens they’ll be able to claim. But there’s a twist. According to a tweet from the Hamster Kombat team, players won’t be able to claim their entire HMSTR token allocation on day one. Instead, they can claim 88.75% of the allotment, with the remaining 11.25% of tokens forced to vest for 10 months before it can be claimed—in July 2025, presumably. This detail had not previously been communicated to players, and it’s one of many…

The long-awaited ShibaSwap 2.0, the upgraded version of Shiba Inu’s decentralized exchange (DEX), has finally gone live. ShibaSwap’s official X account announced the development yesterday, emphasizing that the DEX has received a major upgrade. ShibaSwap just got a Major Upgrade! 🔥 Control, better rewards, and smarter tools to enhance your experience and empower you. Try it now! 👇https://t.co/u0iqxoCMQF — ShibaSwapDEX (@ShibaSwapDEX) October 25, 2024 This update comes days after ShibaSwap’s X handler revealed that the ShibaSwap 2.0 launch will happen sooner than expected. Interestingly, it has finally launched on the mainnet. Per the latest announcement, the upgrade gives users control,…

Michael Saylor, the famous Bitcoin bull, shared the successes of MicroStrategy’s cryptocurrency strategy on CNBC. As the price of BTC has risen an average of 44% per year over the past few years, MicroStrategy, which is among the largest holders of the cryptocurrency, has capitalized on this growth. The company’s stock has risen enormously, up 825% since the inception of its Bitcoin strategy, outperforming even Nvidia’s parabolic rise. With such results, MicroStrategy has successfully outperformed its competitors and gained a significant advantage in the whole U.S. stock market, Saylor concluded. Even though Saylor’s speech got a lot of positive attention,…

As the cryptocurrency market prepares for another eventful week, several altcoins are drawing the attention of traders and investors. Here are the key coins to watch. Binance Coin (BNB): The cryptocurrency community is abuzz with news surrounding Binance CEO Changpeng Zhao (CZ). After facing legal challenges, CZ is set to be released from prison on September 29. Many speculate that this development could have a significant impact on the price of Binance Coin and the broader exchange ecosystem. Bitcoin (BTC): Rumors are circulating that a major U.S. bank is preparing to offer Bitcoin custody services. If confirmed, it could mark…

Short-term holders (STHs) of Bitcoin are feeling pain as BTC falls in price, creating the potential for heightened volatility, according to analytics firm Glassnode. In a new report, Glassnode says that the short-term holder cohort is “heavily underwater” in their positions. “The Bitcoin market has continued to experience downward pressure over recent months despite the average Bitcoin investor remaining profitable overall. However, the short-term holder cohort remains heavily underwater on their holdings, making them a source of risk for the time being.” According to Glassnode, short-term Bitcoin holders are a primary risk to BTC given they are significantly underwater and…

Renowned economist and long-time Bitcoin skeptic Peter Schiff has issued a stark warning regarding the stock of MicroStrategy (MSTR). In a recent tweet, Schiff claimed, “MSTR has got to be the most overvalued stock in the MSCI World Index. When it finally crashes, that’s gonna be the real bloodbath.” Schiff is well known for his outspoken criticism of Bitcoin and cryptocurrency in general. A vocal proponent of gold as a store of value, Schiff has often argued that Bitcoin is a speculative bubble and lacks the intrinsic value of traditional assets. His latest comments on the MicroStrategy stock might draw…

Two new public hubs have been launched by XRPKuwait which improve node synchronization and peering of XRP Ledger. The expansion underlines the significance of community involvement schemes for keeping the XRP network healthy and decentralized. Increased node connectivity may result in better throughput and faster and less likely to fail transactions on the XRP Ledger. XRP Ledger infrastructure is growing as XRPKuwait has successfully launched two more public hubs, All of these new hubs are up and running as part of the existing set of servers, thus enhancing the node synchronization and peering of XRP Ledger. This is a major…

Bitcoin (BTC) miners have adopted a cautious approach, offloading some of their coins for profit. On-chain data reveals a steady decline in miner balances since the start of September. When miners begin selling, it’s typically viewed as a bearish indicator. This raises the question: what do these cohort of coin holders know? Bitcoin Miners Sell for Profit Glassnode data shows a gradual decline in Bitcoin miner balances since September 2. This metric tracks the total number of coins held by miners on the BTC network. Currently, 1.8 million BTC, valued at approximately $99 billion at current market prices, are held…

Private equity firm Aurum Equity Partners said Tuesday it is launching a $1 billion tokenized equity and debt fund on the XRP Ledger (XRP) network, an enterprise-focused blockchain closely associated with Ripple. The fund focuses on investments in data centers across the U.S, United Arab Emirates, Saudi Arabia, India, and Europe, and it is claimed to be the “world’s first combined equity and debt tokenized fund,” according to the press release. The fund leverages tech by San Francisco-based tokenization service provider Zoniqx to create security tokens of the underlying financial instruments. The issuance marks a milestone for XRP Ledger and…

The cryptocurrency market experienced a sudden rally after the FED cut interest rates by 50 basis points. While Bitcoin rose by over 5%, some altcoins saw double-digit gains. However, there will be a large number of token unlocks in many altcoins in the new week. Here is the token unlock calendar we have prepared for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Worldcoin (WLD) Market Value: $1.54 billion Amount of Tokens Unlocked: $716.23 million (0.74% of market cap) Date: September 23, 2024, 03:00 FIDA (Solana Name Service) Market Value: $40.51 million Amount of Tokens Unlocked: $5.33…