Author: NBTC
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…
Bitcoin (BTC) advocate Samson Mow has made a very important revelation as he showcased the diversification of some of his capital from the premier digital currency into Gold. Hedging Bitcoin bet with Gold Over the past few years, there has been a deep conversation and debate regarding Bitcoin and Gold supremacy. While many Bitcoin proponents have chosen between these two asset classes, Samson Mow has, until now, been silent about his views on Gold. The Bitcoin bull shared a picture of Ouro Portuguese Gold with a caption that suggests he bought some gold bars while on his way from the…
The original picture of Achi, the dog wearing a pink beanie hat, was sold for 1,210 ETH in an auction on the crypto platform Foundation, with influential trader GCR winning the bid. GCR, known for market insights and accurate predictions, has gained fame in the crypto community. Their involvement in the auction led to a 10% jump in WIF prices. The original picture that inspired Solana’s runaway hit meme coin Dogwifhat (WIF) has apparently been purchased for $4 million worth of ether (ETH) by influential trader GiganticRebirth, known as GCR in crypto circles. A picture of Achi, the dog wearing…
WisdomTree is one of the companies that has issued an ETF on Bitcoin in the markets. Initially, it had launched the ETP WisdomTree Physical Bitcoin (BTCW / WBIT) available on various European exchanges: Euronext in Amsterdam and Paris, SIX in Zurich, XETRA (Deutsche Börse) in Frankfurt and others. Later on, it also launched the ETF WisdomTree Bitcoin Fund (BTCW) on the Chicago Cboe. This last one, launched in January, has so far gathered less than 80 million dollars in AUM (about 1,100 BTC), but it must also be said that the Chicago Board of Exchange is a minor exchange in…
In the fast-moving world, non-fungible tokens (NFTs) are gaining traction due to global acceptance and adoption. Pudgy Penguins is one of the top NFT collections that has created headlines over the last 24 hours with its remarkable price surge. According to Chinese reporter Colin Wu, Pudgy Penguins surged by over 7% in one day, becoming the second-largest NFT after CryptoPunk. In addition, Pudgy Penguins surpassed the leading non-fungible tokens like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). In the past 24h, Pudgy Penguins rose by more than 7%, with a market value of $454m, surpassing BAYC…