Author: NBTC

Gaming cryptocurrencies were among the best performers during the weekend amid rising demand from day traders. Gala price surged by over 34% on Sunday as it surged to its highest point since August 2022. It has risen by over 400% from its lowest point in 2023, bringing its total market cap to over $1.8 billion. Axie Infinity, the pioneering gaming platform, rose by 20% while Ronin surged by 18%. Other top-performing gaming tokens were Decentraland (MANA), The Sandbox (SAND), and Beam. All these tokens rose by double-digits and moved to their highest level since 2022. As a result, the total…

Studio369, the studio behind the Ethereum-based mech shooter game MetalCore, announced the launch of its latest closed beta test on Tuesday that makes it the first playable title deployed on the new Immutable zkEVM scaling network. The second MetalCore closed beta, running until April 22, will introduce new quests, the Barony system (the game’s version of guilds), advanced customization, and other features. MetalCore’s native token, MCG, will also play a vital role in the game’s economy and progression. The upcoming token will let players convert things like mechs, weapons, and vehicles into NFTs that can be equipped and used in…

March proved to be another breakthrough month for the cryptocurrency market, with spot volumes on the 10 largest exchanges growing by an average of 119% compared to March, responding to Bitcoin’s historical highs, which tested levels above $73,000. Trading activity among investors on the largest centralized platforms reached levels not seen since May 2021. The record-breakers over the past year, on the other hand, grew two, three, or even six times. In March, Bitcoin closed its seventh consecutive month of uninterrupted growth, adding another 17% to its value and setting a new all-time high. As a result, the volumes of…

The leading cryptocurrency Bitcoin exceeded $ 70,000 last night while counting the days for halving. While the upward move in BTC continues, the largest altcoin Ethereum price continues to trade below $3,500 and fails to rise despite high expectations for the Dencun upgrade. As Ethereum continues to show signs of weakness against Bitcoin, the ETH/BTC pair also achieved its lowest weekly close since April 2021. While the situation in ETH is not positive, legendary analyst Peter Brandt, known for his successful predictions, said that the Ethereum price may be in a bear trap. Bear trap? That is always a possibility…

A crypto staking specialist is looking to expand to the United Arab Emirates, marking the latest segment player looking to set up shop there. Northstake has gained initial approval from Dubai’s Virtual Asset Regulatory Authority (VARA) — a first step toward getting a Virtual Asset Service Provider (VASP) license, the company told Blockworks. Such a license will allow the Denmark-based company to offer crypto custody services, like custodial staking, to institutional investors in the emirates. It ultimately seeks to use the UAE as “a strategic base” to survey expansion options. Northstake CEO Jesper Johansen said the UAE is “becoming a…

Shiba Inu, lead developer, Shytoshi Kusama, explains why he believes SHIB will take the lead in the ongoing memecoin season. As the meme coin market continues to see a strong uptrend, there have been speculations regarding which meme-based token will lead others. According to data from CoinGecko, the valuation of the meme coin market is up 13.7% in 24 hours to $62.7 billion. The two biggest tokens in the meme coin category are Dogecoin (DOGE) and Shiba Inu (SHIB). Both tokens alone have a cumulative market cap of over $44 billion. Kusama Disagrees With KuCoin With the meme coin season…

Take a card from your opponent’s deck and watch the world burn. Controversy has circled rising NFT card game Parallel since announcing last week that it has added one of the best-known Hearthstone streamers as an ambassador and spokesperson for the game. Parallel announced on Friday that Thijs “Thijs” Molendijk, an esports pro and the third-largest Hearthstone streamer by average views, would support the crypto trading card game. Both games revolve around building decks of digital cards and competing against online rivals, but unlike Blizzard’s Hearthstone, Parallel is built around optional Ethereum NFTs. While the past Hearthstone European Champion received…

As announced a few days ago, tomorrow will be the day of the listing of SAGA on Binance. Today, however, the exchange has notified that the launch will take place a few hours earlier, at 08:00 UTC instead of 14:00 UTC. UTC is Coordinated Universal Time, and coincides with Greenwich Mean Time (GMT). When tomorrow, Tuesday, April 9, 2024, it will be 8:00 UTC, in London it will be 9:00, due to daylight saving time, while in central Europe (Rome, Berlin, Paris) it will be 10:00. At that time, SAGA trading will be enabled on Binance. SAGA: tomorrow the listing…

As reported by Fortune Magazine, the cryptocurrency market has been experiencing significant volatility as Bitcoin (BTC) has experienced a sharp decline that has had a domino impact on other cryptocurrencies. The recent drop in the price of Bitcoin, coupled with outflows from Grayscale’s GBTC, has raised concerns among investors. Bitcoin Sees 14% Correction From ATH Bitcoin suffered a 14% drop since reaching its all-time high (ATH) of $73,700 last week, briefly touching $62,483 on Tuesday morning. However, it recovered and stabilized around $64,900, just below the $65,000 mark. The decline was attributed to record outflows of over $640 million from…

A recent report shared by the @spotonchain analytics account shows that several Ethereum whales have begun stocking up on ETH despite the fact that the coin’s price has printed a massive 6% rise over the past three hours. The sudden Ethereum price growth is likely due to the Bitcoin price surge, which has finally regained the $72,000 level. At the time of this writing, the second largest cryptocurrency, Ethereum, is changing hands at $3,620, after printing three consecutive green candles on an hourly chart. The biggest of them pushed ETH up 3.64%. Ethereum buying spree unleashed, pushing ETH price up…