Author: NBTC

It’s a new era for Telegram crypto games. The long-awaited Hamster Kombat token launch and airdrop happened last week, and while the game is currently in the midst of a short “interlude” season before embarking on an expansive roadmap of future plans, players are starting to look for the next buzzy games to play that haven’t yet launched their own respective tokens. Luckily, we’ve been knee-deep in Telegram games all the while, both playing the other big ongoing games and trying out a bevy of newcomers that are starting to gain traction. Looking to try out a few new Telegram…

Cryptocurrency analytics firm Alphractal reported in its latest analysis that large-scale investors, known as whales, have resumed shorting Bitcoin (BTC) as the price approaches $65,000. According to the firm’s Whale Position Sentiment indicator, this shift marks a significant moment in market dynamics as whales continue to exert a strong influence on price action. Whale Position Sentiment is an indicator that tracks leveraged whale positions across multiple exchanges. A decrease in the metric indicates an increase in short positions, while an increase indicates a trend toward long positions. Given the strong correlation between whale activity and market movements, these shifts are…

Ripple’s new stablecoin is being tested on Ethereum and XRP Ledger. RLUSD isn’t tradeable yet as it still has to get regulatory approval. Ripple, the enterprise-focused blockchain service and creator of the XRP Ledger (XRP), said on Friday that it begun testing its stablecoin on the Ethereum (ETH) mainnet and XRP Ledger. “Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners,” the company said in a blog post. “This phase is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency, and reliability before it becomes widely available, and…

After Bitcoin and Ethereum spot ETFs were approved for trading in the United States, multiple fund providers identified Solana as the next big target and filed to offer such crypto ETFs. Following this week’s approval of a Solana ETF in Brazil, experts suggest that a U.S. counterpart is sure to come—but when, exactly, remains unclear. While Brazil has emerged as a trailblazer in the realm of crypto ETFs, the United States—a traditional financial powerhouse—is grappling with a more cautious approach as the U.S. Securities and Exchange Commission (SEC) continues to navigate the complex waters of crypto regulation. The stark contrast…

Valhalla, the play-to-earn NFT game, has announced its partnership with the football club Sunderland AFC. Valhalla will be the back-of-the-shirt sponsor for the club’s 24/25 season. Valhalla partners with Sunderland AFC for the full 24/25 season ⚽️We are proud to announce that Valhalla, our flagship Play-to-Earn MMORPG, is partnering with Sunderland AFC for the full 24/25 season as a prominent back-of-shirt sponsor!Key highlights of this partnership:– 4… pic.twitter.com/bdbPLMkEif — FLOKI (@RealFlokiInu) August 9, 2024 Valhalla is a play-to-earn NFT metaverse game that is powered by the $FLOKI token. On the mainnet, users would have to hold a certain amount of…

Bitcoin (BTC) is currently testing a key resistance level at $65,000 that is “pivotal” to market sentiment, according to a recent report published by Kraken on Sept. 26. The report noted that Bitcoin has reclaimed all its major moving averages, which could lead to continued bullish momentum in the coming days. It added that recent price action shows tight consolidation near the $65,000 area, with trading patterns indicating a state of market indecision at this critical level. However, the report emphasized that a daily close above $65,000 is necessary to confirm a bullish momentum and pave the way for higher…

Dog-themed cryptocurrency Shiba Inu rebounded from a strong support near $0.000010 on Aug. 5. The recovery continued, reaching highs of $0.00001442 on Thursday before slightly retreating in Friday’s trading session. As eyes remain on where Shiba Inu price trends next, on-chain data has brought to light a crucial resistance range that SHIB must overcome to achieve significant price recovery. According to data from IntoTheBlock, 487.98 trillion SHIB tokens were bought by 105,280 addresses in the range between $0.000015 to $0.000019 at an average price of $0.000017. The significant volume of SHIB purchased in this range suggests that many investors are…

Bitcoin has surged above $65,000 in the past 24 hours, buoyed by positive US employment data and new reports on China’s economic stimulus measures. However, some analysts have pointed out that Bitcoin’s (BTC) performance has lagged behind that of U.S. stocks and Chinese stocks, raising questions about the cryptocurrency’s short-term momentum. Nansen analyst Aurelie Barthere observed that Bitcoin has underperformed U.S. stocks and Chinese markets since Beijing announced its stimulus packages. “The Hang Seng and Chinese stocks have outperformed Bitcoin since the stimulus was announced,” Barthere said. “One reason for this may be that the measures taken by China primarily…

Coti, the issuer of Djed stablecoin on Cardano, has undergone a significant protocol upgrade, with Djed 1.2 now live. Djed 1.2 is ushering in new improvements, including increased accessibility, which will solidify Djed’s position within the Cardano DeFi ecosystem. Cardano-backed Stablecoin Djed has undergone a significant upgrade. COTI has announced the successful launch of the long-awaited version 1.2, which was confirmed via a post on X (formerly Twitter) by the stablecoin issuer COTI. According to the team, this significant improvement ushers enhanced functionality and accessibility. Launched one year ago in January, the stablecoin has operated seamlessly amidst huge regulatory and…

In its latest analysis, cryptocurrency analytics firm CryptoCon has identified November 2024 as the expected time for Bitcoin (BTC) to reach its all-time high (ATH). The firm based its forecast on historical data and technical indicators, particularly the 2-week Ichimoku Cloud, which it claims has been a reliable predictor in previous market cycles. According to CryptoCon, over the last two Bitcoin cycles, the 2-week Ichimoku Cloud has accurately timed new ATHs via a bullish crossover following the red cloud in the middle of the cycle. This crossover signaled the start of a major rally, eliminating the need to wait for…