Author: NBTC

Analyst believes a large shakeout is coming for the crypto community. He encourages traders to hold strong and DCA to make the best of the coming bull run. Bitcoin (BTC) will beat $100,000 and surpass $200,000 by 2025 end in analyst’s eyes. As the price of Bitcoin (BTC) tries to break out over the resistance of the $57,000 price target, analysts take a moment to study the charts. According to many, a massive price dip towards $40,000 – $47,000 for BTC is heading for the market and one analyst is calling this a massive Bitcoin shakeout. Crypto Market Heads Toward…

Puffer Finance, a prominent player in the DeFi sector, has announced the release of PufferDAO. As per Puffer Finance, PufferDAO’s release is a crucial step in the platform’s mission to establish a more community-driven and decentralized ecosystem with the inclusion of decentralized governance. The platform disclosed this development on its official social media account. 🐡 PufferDAO is Live! 🐡We’re proud to launch PufferDAO alongside the $PUFFER token and $vePUFFER NFT.PufferDAO empowers our community to govern the Puffer ecosystem — including Puffer LRT, @puffer_unifi Rollup, and UniFi AVS — while upholding Ethereum’s core principle of… pic.twitter.com/GytOfNaHan — Puffer Finance 🐡 (@puffer_finance)…

London, UK and Athens, Greece – MetaWealth, a trailblazer in tokenized real estate investment, has announced the launch of Greece’s first tokenized real estate opportunity: Urban City 44 in the heart of Athens. This innovative offering allows ordinary individuals to invest fractionally in 12 high-end apartments, transforming real estate access for many.—Urban City 44, developed by Astrea International Properties, boasts stunning views of the Acropolis and features a total of 210 serviced apartments designed for discerning travelers. The investment opportunity is valued at $1.475 million, with each of the 12 units available through 14,753 tokens priced at $100 each. Investors…

Per reports, a whale has moved BNB tokens worth approximately $29.07 million from Venus to Binance. That roughly translates to 49,001 digital coins. For reference, the value of BNB has increased by 1.73% in the past 24 hours to $594.10. This adds to the $34 billion worth of tokens that were moved to Binance at the beginning of the previous week. That was for almost 62,000, again from Venus Protocol. It is reasonable to assume that the token has been transferred in order to capitalize on the current opportunities presented by Binance. It pertains to staking rewards through Launch Pool.…

Ripple Labs faces a procedural setback in its legal battle with the SEC after failing to meet a crucial filing deadline. Court of Appeals: Appearance Default Notice Earlier today, the US Court of Appeals for the Second Circuit issued a default notice to Ripple’s legal team, citing the missed deadline to submit an Acknowledgment and Notice of Appearance form, which was due on October 18, 2024. The court has granted Ripple a 14-day extension, giving the team until November 1, 2024, to submit the required paperwork. If Ripple’s lawyers fail to meet this new deadline, they risk being barred from…

A Bitcoin analyst on the Thinking Crypto podcast suggested recent Bitcoin price dips were a strategic move by whales positioning for a bull run. The analyst analyzed BTC’s chart patterns and compared them to historical trends, highlighting how Ethereum and other altcoins have behaved in recent months as they prepared for sustained rallies. Bitcoin hit a new all-time high in March, just weeks before the latest halving event. However, the flagship crypto has since consolidated, retracing over 30% in the past six months. While many retail traders panicked about BTC’s behavior, the renowned analyst explained how Bitcoin whales controlled the…

Pyth Network announced the release of its new Crypto Redemption Rate Feeds, expanding the range for DeFi platforms. The new launches bring in two fast-growing asset classes, Liquid Staking Tokens (LSTs) and yield-bearing stablecoins-opening a suite of new possibilities for developers in the DeFi space. Pyth provides feeds for cryptocurrencies and assets like commodities, equities, FX, ETFs, and these new classes. Cryptocurrency redemption rates provide real-time valuations based on smart contracts, thereby providing accurate asset pricing reflecting the workings of a particular DeFi protocol. The rates are sourced directly from an asset’s smart contract. LSTs are complicated assets, whose values…

Main Takeaways Binance Labs has invested in Moonwalk Fitness, a fitness accountability app that combines gamification and financial incentives to promote healthier lifestyles. The app offers gamified fitness challenges that allow users to earn real-world value. Moonwalk Fitness encourages users to hit daily step goals by staking USDC, SOL, or BONK. To win, users must either meet their crew’s step goal or maintain pace with the leader’s highest completed days. Failing to do so results in forfeiting a portion of their stake, which is then redistributed among the winners. Moonwalk Fitness is part of an emerging wave of blockchain-based apps…

Karrat, a small-cap gaming token, rose for two consecutive days, reaching its highest point since Aug. 24. Karrat (KARRAT) has risen by over 65% from its lowest level this year, bringing its market cap to over $48 million. However, it remains about 68% below its all-time high. This rebound occurred as some of the most popular gaming tokens jumped. Immutable X (IMX) has risen by over 44% in the last seven days while Beam (BEAM) soared by 15.7% in the same period. Similarly, Gala Games (GALA), The Sandbox, Ronin, and ApeCoin have all jumped by over 15%. Karrat also rallied…

Nickson Omondi, manager of the digital economy tax office at KRA, said that the tax collection agency planned to roll out a real-time tax collection system that would be integrated into exchanges. Through this initiative, the KRA sought to increase Kenya’s tax base to tap into the growing sector, which reported crypto transactions of about $18.6B in 2022. The KRA highlighted its tax plans for the 2024/25 financial year, confirming that the new system would monitor and track details like transaction type, date, value, and time. Exchanges such as Coinbase and Binance provided services to the Kenyan crypto market despite…