Author: NBTC
Illuvium is a sci-fi fantasy NFT gaming IP with four games in development: Illuvium Arena, Overworld, Zero, and Beyond. While each of these titles are separate games, they do offer some interoperability and cross-game rewards. The Illuvium team has also released its own Ethereum ERC-20 token, ILV, and its own marketplace, the Illuvidex. There’s also a community-based voting system in place with the Illuvium DAO, which suggests new initiatives for the Illuvium ecosystem. After years of development, Illuvium appears to be nearing a proper launch—with some kind of airdrop coming too. Here’s what you need to know about the wide…
Bitcoin price is consolidating gains above the $70,000 resistance zone. BTC could rally again if there is a move above the $71,500 resistance in the near term. Bitcoin price moved in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $68,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $71,500 resistance zone. Bitcoin Price Regains Strength Bitcoin price started a decent increase above the…
Binance, a leading cryptocurrency exchange, has initiated a comprehensive investigation. This follows allegations of insider trading related to the Solana-based meme coin, Book of Meme (BOME). The probe was triggered by the “BOME rat warehouse” incident, which raised questions within the crypto community. Binance aims to maintain transparency and fairness in the crypto market. The exchange has stated, “We take this information very seriously and immediately launched an internal investigation based on relevant leads.” This action underscores Binance’s commitment to upholding the integrity of its trading practices. The internal investigation has thus far revealed that the individual implicated in the…
Quick Take Examining the relative forces between Bitcoin cohort accumulation and monthly issuance offers intriguing insights into the current market situation. The ongoing epoch witnesses daily mining of approximately 900 BTC, translating to nearly 27,000 BTC per month, represented as the blue line in our analysis graph. The distinct cohorts are classified from shrimps (holding less than one Bitcoin) to super whales (10,000+ BTC), in addition to tracking miners and exchanges. The analysis becomes particularly interesting when the orange bar chart, representing the cohorts’ aggregate accumulation, surpasses the blue line of monthly issuance. However, when the orange bar chart falls…
The Pyth Network staking value has jumped above $1.3 billion. The oracle platform, which counts more than 100 data providers, offers over 450 price feeds and is integrated across 300+ decentralized applications, has seen remarkable growth in this sector since early January. PYTH staked value surpasses $1.3 billion Data shows the number of PYTH stakers has hit 178,000. Wallets taking part in Pyth governance have spiked from just over 11,000 in December 2023. Meanwhile, total staked tokes have jumped to over 1.27 billion, worth more than $1.3 billion. According to data from Dune, interest in PYTH staking has taken the…
MicroStrategy, the company owned by Michael Saylor that currently holds 214,000 BTC, is riding the Bitcoin wave, surpassing eBay in the ranking of the largest companies in the USA. Currently, MicroStrategy is in 278th place. Bitcoin Effect: MicroStrategy surpasses eBay and becomes the 278th largest company in the USA MicroStrategy, the well-known business intelligence company of bitcoiner Michael Saylor, is fully experiencing the Bitcoin effect, which has led it to surpass eBay in the ranking of the largest companies in the USA. And indeed, at the time of writing, MicroStrategy is the 278th largest company in the USA, while the…
Shiba Inu (SHIB) marketing lead Lucie has predicted that ultimately, Shibarium will rank as a top 5 blockchain. According to Lucie, no matter what happens, those who ignore Shibarium might regret the outcome later on. The content specialist said the project is bound to do well because of the passion of its community members and the readiness to help. No matter what happens, you will regret it if you ignore #Shibarium. We will become one of the top 5 blockchains because this community is unbeatable. It’s full of fun, good people with great intentions and dedication to helping everyone.$BONE $SHIB…
Asset manager VSFG, together with its partner, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong’s Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on Wednesday. Earlier this week, a report from Bloomberg Intelligence said the SFC is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year. In December 2023, less than two weeks after nearly a dozen applicants won approval for spot bitcoin ETFs in the U.S., Hong Kong regulators said they were ready to consider applications for spot…
Real Vision crypto analyst Jamie Coutts says that Bitcoin (BTC) is poised to continue rallying after a temporary correction. The former Bloomberg analyst tells his 12,800 followers on the social media platform X that Bitcoin appears to have broken up a bearish flag pattern and is gearing up for a bigger move to the upside. “Bitcoin seems ready to teleport higher as it breaks the flag pattern from the head fake at the all-time highs. Blue sky (no historical overhead resistance) is an accelerant for bull markets.” The analyst says two key indicators, the funding rates and the Relative Strength…
More than $12 billion staked on Binance Launchpad to receive 20 million tokens. ETHFI was trading at $4.13 with FDV at $4.1 billion. The initial circulating supply is 115.2 million tokens. ETHFI, the governance token of the largest liquid restaking protocol Ether.Fi, debuted at $4.13 after the token was distributed via an airdrop and to participants of a Binance Launchpad round. At the time of writing, ETHFI was trading at $4.10 on Binance and recorded a trading volume of over $2 million in the first five minutes of trading. The token had a fully diluted value, the market value of…