Author: NBTC

The NFT market witnessed significant activity over the past 24 hours, with Bored Ape Yacht Club (BAYC) topping the charts regarding trading volume. A rare Qzuki NFT made headlines, marking the largest sale on the last day. OpenSea, the leading NFT marketplace, continues to dominate trading volume, further solidifying its position as the go-to platform for NFT enthusiasts. #NFT MARKET OVERVIEW TOP COLLECTION #BoredApeYachtClub – 24H Volume $1.11M TOP SALE… pic.twitter.com/25T2t3DrhV — PHOENIX – Crypto News & Analytics (@pnxgrp) October 22, 2024 Bored Ape Yacht Club maintained its status as a top NFT collection, recording a 24-hour trading volume of…

Investment in artificial intelligence (AI) within the crypto space surged dramatically in the past quarter, accompanied by a significant uptick in investor interest this month. Hence, it appears that the crypto venture capitalists (VCs) might be betting big on the AI narrative for the next cycle. Crypto VCs Invest Over $213 Million in AI During Q3 A recent report from Messari revealed that VCs poured over $213 million into AI-related projects last quarter. This figure marks a 340% increase year-over-year and a 2.5x jump from the Q2. Read more: How To Invest in Artificial Intelligence (AI) Cryptocurrencies? Amount of VCs…

Shiba Inu is in the spotlight amid the brooding SHIB price recovery moves. The meme coin project exhibits resilience in several market performance metrics, including price, and whale transactions are a major bullish streak. As of this moment, the price is up 3.8% in the past 24 hours to $0.00001465. Market whales play a crucial role in sustaining this price momentum. Shiba Inu whale transactions soar Per data from IntoTheBlock, large SHIB transactions jumped by 171% to $20.57 million. By its standard definition, IntoTheBlock labels transactions worth at least $100,000 as large, and by this, a total of 61 such…

Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoin’s anonymous inventor Satoshi Nakamoto. Joining the project in July 2010, Garzik contributed to early software releases, entering notable pull requests including the first proposal to raise the block size limit, as well as the first proposal to eliminate subsidies for free transactions. Under Satoshi’s time as maintainer, Garzik had pull requests accepted, including for work separating the mining code from the Satoshi client. Most notably, the new…

Legal & General (L&G), the London-headquartered pension and investment management firm with $1.5 trillion in assets under management, is plotting an entrance into the blockchain-based tokenization space that’s growing popular among finance giants. Tokenization – or the representation of conventional assets like U.S. Treasuries-backed money-market funds via tokens on a blockchain – has become popular among traditional finance firms. That accelerated after the arrival of BlackRock, the largest asset manager in the world, on the scene with its BUIDL fund on the Ethereum blockchain. Others are available from Franklin Templeton, State Street and Abrdn. “We are evaluating ways to make…

Xaman, the leading crypto wallet on the XRP Ledger, has launched its latest iteration, version 3.0, introducing a range of new features, including a monetization strategy. In a blog post on Monday, the team behind Xaman revealed version 3.0 of their popular XRP wallet. According to the announcement, Xaman 3.0 represents a major milestone in the platform’s evolution. It enables the team to craft a superior user experience that ensures the long-term viability of both Xaman and XRPL Labs. New Offerings for XRP Enthusiasts in Xaman 3.0 Xaman 3.0 comes with extensive internal enhancements to boost app performance and reliability,…

Bitcoin has been in CryptoQuant’s bearish phase since August 27. There’s been a decoupling from gold, which has been making record highs, while bitcoin struggles more than 20% below its record level of a few months ago. BTC’s MVRV ratio is below its 365-day moving average which suggests a further price correction may be on the cards. Investors in this current risk-averse environment appear to be favoring traditional safe-haven assets like gold as opposed to bitcoin (BTC). The correlation between bitcoin and gold has turned sizably negative of late, according to CryptoQuant, with gold recently pushing to new record highs…

V3V Ventures, a leading venture capital firm based in Singapore, has strengthened its position in the growing TON ecosystem. With their recent acquisition of the @trade username for $1.25 million, V3V Ventures seeks to establish a presence in the Telegram-based Web3 landscape, taking advantage of the platform’s opportunities. @trade, now a central asset in V3V Ventures’ digital portfolio, has seen its value surge to over $2 million since the acquisition. This growth reflects V3V Ventures’ strategy of combining premium digital assets with promotion and community engagement. By investing not only in acquiring @trade but also in promoting it through Telegram…

K9 Finance, the official liquid staking protocol for Shiba Inu blockchain Shibarium, has been listed on DeFiLlama, the largest TVL aggregator in the DeFi space. K9 Finance shared this milestone on its official X channel, generating positive feedback from its community. This development allows users to monitor K9 Finance’s activity directly through DeFiLlama’s dashboard, reflecting a growing interest in the protocol. K9 Finance’s page on DeFiLlama highlights the project’s current financial metrics. The total value locked (TVL) within the platform stands at $1.05 million, which indicates the number of assets secured in its smart contracts. The staked amount of its…

Recent trends indicate that Bitcoin might be heading towards its next bull run. Bitcoin reserves on exchanges have been falling significantly, a pattern that often precedes substantial price increases. Such a reduction in reserves means that Bitcoin holders are storing their coins in cold wallets, making less Bitcoin available in the market for trading. Historically, such a reduction in exchange reserves has been followed by price surges, according to reports from CryptoQuant. Bitcoin’s Next Bull Run?“Decreasing #Bitcoin reserves and rising stablecoin reserves indicate a bullish outlook for Bitcoin. As the market supply tightens and buying power builds, we could be…