Author: NBTC

A widely followed crypto analyst says that the Ethereum versus Bitcoin (ETH/BTC) pair is on the cusp of printing a cycle bottom. In a new video update, crypto trader Benjamin Cowen tells his 813,000 YouTube subscribers that all altcoins will eventually bottom out against the crypto king and it appears as if ETH is poised to stop bleeding against BTC. But Cowen says Bitcoin’s dominance level – or the ratio of BTC’s market cap compared to the market cap of all other crypto assets – is still on the rise, suggesting that ETH/BTC can still witness a leg down. “I…

Among the new NFT projects, Bitcoin Puppets gained the most popularity and took the lead by experiencing $392.85K in daily traffic through 46 sales. Phoenix Group collected the data with the help of DappRadar. It covered the daily activity of various NFT collections and pointed to Bitcoin Puppets as leaders. The increase in traffic shows that more and more people are interested in such digital assets. #NFT MARKET OVERVIEW TOP COLLECTION #BitcoinPuppets – 24H Volume $392.85K TOP SALE… pic.twitter.com/eJ2G9O1uw2 — PHOENIX – Crypto News & Analytics (@pnxgrp) October 7, 2024 Top Performers in the NFT Space: Bitcoin Puppets Leads After…

Sonic Labs has revealed crucial details regarding the upcoming S Token, which is set to bolster user involvement on their platform. Scheduled for December, the airdrop will distribute a total of 200 million S Tokens to early network users, implementing a deflationary strategy aimed at increasing the token‘s long-term value. Contents hide 1 What Are the Airdrop Mechanics? 2 How Does the Burning Mechanism Work? What Are the Airdrop Mechanics? The airdrop will reward users with 25% of their allocated tokens immediately upon request, while the remaining 75% will be subjected to a nine-month vesting period via an ERC-1155 token…

Attorney Fred Rispoli recently assessed the odds of the SEC’s win against Ripple during his appearance on the “Thinking Crypto” podcast. The probability of the SEC’s victory will depend on the judgment who gets assigned the case in question. “And you could have an okay panel, you could have an amazing panel, or you could have a terrible panel,” he said when commenting on the panel of three judges that will handle the appeal. “If there’s a panel that has a long history of agreeing with the government on everything, SEC’s chances go up. You know, there could be a…

In a swift and promising start, the DFK Colosseum has seen a massive surge of participation in its first three days of PvP (player versus player) combat, with more than 33,000 heroes bridged into the action. This early success highlights the growing excitement around the platform, as players enthusiastically embrace the new PvP dynamics. A quick recap of the first 3 days of DFK PvP, live in the Colosseum! This is just the beginning and we’re loving watching players dive in and take part in the action. There’s plenty more coming, so make sure to stay tuned, check it out,…

At the core of the blockchain and cryptocurrency industry is the idea of decentralization – a system where power and control are distributed among many individuals instead of being centralized in the hands of a few. This concept has been integral to the creation and success of cryptocurrencies, with Bitcoin being touted as a truly decentralized network.—As the industry continues to evolve, we have seen the emergence of projects that prioritize speed and efficiency over absolute decentralization. One such project is Solana, a high-performance blockchain platform that has been gaining significant attention and adoption in recent months. Solana’s approach to…

The Russian State Duma is developing a bill to apply anti-money laundering measures to the digital ruble platform. According to the State Duma Committee on Financial Markets, it is time to adopt the bill that would allow banks to block suspicious transactions. Once approved, the bill will take effect on January 1, 2025. The bill was introduced in March by deputies and senators led by Anatoly Aksakov. The digital ruble is a new form of national currency intended to modernize Russia’s financial system. Central Bank Takes On Major Role The bill proposes a multi-level anti-money laundering model for the digital…

Since February this year, Core DAO has reportedly spiked in the blockchain sector, seeing a staggering 11,000% increase in its growth. This sheer rise has fortified CoreDAO’s status as the chief player among blockchains powered by Bitcoin. With the maximum number of on-chain transfers, CoreDAO has obtained substantial attention. Additionally, it has also strengthened the status thereof as a power in the evolving sector of blockchain technology. 📈 Surging with over 11,000% growth since February 2024, @Coredao_Org now stands at #1 spot, dominating Bitcoin-powered blockchains with the highest on-chain transactions! The future is Core, and it’s unstoppable. #BuildOnCore 🏗️🔶 pic.twitter.com/CjEC80IVSB…

Billionaire entrepreneur and Shark Tank star Mark Cuban remains a fan of the original memecoin Dogecoin, but his statements have been confusing. Mark Cuban Says Dogecoin and All Memecoins Are a Kind of Rug Pull However, in a recent interview, Cuban expressed skepticism towards meme coins in general, warning that “every memecoin is a rug pull that’s on its way,” but added that this inherent risk is part of their appeal. Speaking to Farokh Sarmad on Rug Radio, Cuban emphasized the ephemeral nature of memecoins. “Every single memecoin is a rug pull, right? Because there’s no real reason for it…

Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be “too-big-to-manage,” citing years of regulatory missteps and mishandled reforms, despite ongoing penalties. The letter suggests that breaking up the bank could be a necessary step. Warren Pushes for Stricter Oversight on Citibank U.S. Senator Elizabeth Warren (D-MA) urged Michael Hsu, acting head of the Office of the Comptroller of the Currency (OCC), on Friday to address Citibank’s longstanding operational failures. In a letter to…