Author: NBTC

The meme coin market saw a major shake-up in the last 24 hours as a huge transfer of Pepe Coin (PEPE) took place. As on-chain data from Lookonchain revealed, a high-profile investor sold a whopping 500 billion PEPE, valued at around $4 million, directly to Kraken, a top U.S.-based crypto exchange. The transfer of half a trillion frog-themed meme coins was completed in just 15 minutes. Before this sudden move, the same whale had already built up a big position of 750.38 billion PEPE, worth around $8.34 million, through purchases on Kraken. The latest divestment, however, leaves the holder with…

Currently, Bitcoin dominance abbreviated as BTC dominance is among the most important indicators in the crypto market. It calculates the Bitcoin market capitalization against the entire crypto market capitalization. A lot of crypto investors and traders apply this in order to change their basic trading tactics and portfolio diversification. BTC dominance analysis can be useful in studying the overall market trend and making the right trading decisions. What is BTC Dominance? Bitcoin is the first and largest cryptocurrency by market capitalization. This crypto giant has always played a significant role in the crypto market. BTC dominance refers to Bitcoin’s share…

STEPN GO, the famous move-to-earn app, has announced the second phase of its collaboration with Adidas, with the launch of the new Genesis NFT collection. It consists of 1000 new sneakers in the form of Non-Fungible Tokens at the price of 10,000 GMT per entry, with a refund for those who do not win. STEPN GO and Adidas: the new Genesis Sneakers NFT collection and the lottery STEPN GO and Adidas: the collaboration for the Genesis NFT continues The latest collaborations of the lifestyle app STEPN GO and Adidas: the new Genesis Sneakers NFT collection and the lottery STEPN GOhas…

Dogecoin leads in investor profitability among top memecoins, beating rivals such as Shiba Inu (SHIB), Floki (FLOKI), Mog Coin (MOG) and Pepe (PEPE). This is according to insights from IntoTheBlock. The blockchain analytics platform published the data today in an X post, highlighting the percentage of holders of top memecoins in profit. Dogecoin Leads Ranking Topping the ranking is Dogecoin, the world’s biggest memecoin by market capitalization. According to IntoTheBlock data, a whopping 72.75% of all DOGE holders are currently making money on their investments. This suggests that 72.75% of all DOGE holders acquired the token below the current price…

Bitcoin (BTC) is facing an uphill battle to maintain its price above the $66,000 support area, but an analyst has identified a new path to an all-time high. Particularly, in an X post on July 31, the analyst with the pseudonym Mags highlighted that Bitcoin is currently trading within a descending broadening wedge pattern, a technical formation often indicative of a significant upcoming price movement. Bitcoin’s price has been consolidating near the upper resistance line of this wedge pattern, suggesting a critical juncture. The expert highlighted this consolidation phase as a possible breakout leading to a substantial upside rally. Notably,…

Moving on from his rap beef with Kendrick Lamar earlier this year, Aubrey “Drake” Graham is gearing up for the latest launch from his NOCTA apparel brand, formed in collaboration with Nike—and some crypto traders believe he may have referenced a rising meme coin. Banana Tape Wall (BTW) was created on Pump.fun at the start of August, peaking at a market cap of $18 million. This Solana meme coin is exactly what it says on the tin, with the associated image showing a banana duct-taped to a wall. In NOCTA’s latest ad for its all-yellow “Hot Step II” sneakers, the…

Uniswap Labs has recently announced that a prominent Layer 2 scaling solution Arbitrum is near to surpassing $200B in terms of trading volume on the platform. As per Uniswap, the respective development would turn Arbitrum into the 1st L2 network reaching such a substantial volume on a well-known decentralized exchange. The platform disclosed this development on its official social media account on X. Arbitrum is about to become the first L2 to cross $200B in volume on the Uniswap Protocol🫣 pic.twitter.com/fhcqv3KHbb — Uniswap Labs 🦄 (@Uniswap) September 21, 2024 Arbitrum Set to Emerge as the Earliest L2 Network Going Beyond…

On-chain data shows that over 78% of the Cardano blocks produced in the last eight hours have been minted by an SPO that supports the Chang hard fork. The Cardano community continues to anticipate the eventual launch of the Cardano Chang hard fork. This pivotal update is expected to transition the Cardano ecosystem to the Voltaire era. Voltaire, the last Cardano ecosystem era, will help bring decentralized community governance. Amid the Chang hard fork anticipation, multiple stake pool operators (SPOs) have begun supporting node 9.1, the latest Cardano network update. The increasing support is expected to gradually phase the entire…

In a crucial development for the crypto trading sector, The Birb Nest has commenced an exclusive collaboration with dYdX, a popular decentralized trading company. The partnership targets to combine the comprehensive market analysis capabilities and educational resources of The Birb Next with the advanced DeFi platform of dYdX. We’re thrilled to announce a new partnership with @dYdX! 🔥This collaboration will combine our educational background and market analysis expertise with dYdX’s advanced #DeFi pro trading platform to empower traders with top-notch tools, education, and resources to help them in… pic.twitter.com/1oOchVjtj1 — THE ₿IRB NEST (@TheBirbNest) September 21, 2024 Through this collaboration,…

In a recent tweet, SBI Digital Community, an arm of Japanese Financial giant SBI, spotlights its recent strategic partnership with Ripple. Through this strategic partnership, both companies will work to popularize the XRP Ledger through Bto3. In the tweet, which was written in Japanese, SBI stated it was planning several initiatives with Ripple: “We are planning various interesting events with Ripple, but here is what we can announce at this time,” the tweet translated from Japanese reads. SBIデジタルコミュニティーはこの度、Ripple社 (@Ripple )との戦略的提携を発表いたしましたhttps://t.co/N0uaZLB9S5Ripple社は #XRP を利用したクロスボーダー決済ネットワークを開発しております今回の戦略的提携により、Bto3を通じて、XRP Ledgerの普及に向けた取り組みを行ってまいります。 pic.twitter.com/KK06VNrQ7v — SBIデジタルコミュニティー株式会社 (@SBI_DC) August 15, 2024 SBI has also announced a giveaway to celebrate its historic…