Author: NBTC

Recent fluctuations in blockchain age bands of Bitcoin have significantly impacted the market. It has led to a notable decline after reaching a peak at the 70K level. Over the past three days, large transactions within various age bands have been associated with this downward trend, according to CryptoQuant. The movements in the age bands brought the market down“As these movements occurred, the selling pressure increased, and instead of rising as people expected, we started to decline.” – By @XBTManager Read more 👇https://t.co/5JteqUwlKq pic.twitter.com/XqdsoSD3wR — CryptoQuant.com (@cryptoquant_com) August 1, 2024 Notable Age Band Movements Recorded Over Three Days for Bitcoin…

Conflux partners with Presto to enhance staking and expand market reach across Asia, boosting blockchain ecosystem growth. Conflux eSpace is now live on C3 Caller, enabling seamless blockchain integration and expanding ecosystem collaborations. In a tweet, Conflux announced a cooperation with Presto, with the goal of improving the network’s staking capabilities and increasing its market reach beyond Asia. This collaboration complements Conflux’s objective of connecting decentralized economies around the world and accelerating the expansion of the blockchain ecosystem. Conflux is excited about this collaboration since it will allow them to enter new markets and assist creative blockchain projects. We’re excited…

API3, a prominent platform providing decentralized data, has disclosed an important partnership with Coin Metrics, a well-known entity in crypto-related financial intelligence. The respective collaboration focuses on fortifying the decentralized data feeds of API3, especially for liquid staking reward tokens and liquid staking tokens. The platform took to its official X account to reveal this development. We’re excited to welcome @coinmetrics to API3’s network of data providers!As a leading provider of transparent, high-quality crypto asset market data, Coin Metrics brings their CM Reference Rates to our ecosystem, enabling precise, real-time price data for LSTs/LRTs.This… pic.twitter.com/q469XBGRGc — API3 (@API3DAO) September 17,…

Grayscale’s Bitcoin Mini Trust got off to a strong start after pulling in $191 million on Thursday, its second day of trading, data from Farside Investors shows. The surge marks a 960% uptick from its initial day’s $18 million. US spot Bitcoin ETF flows on August 1 – Source: Farside Investors The fund, operating under the BTC ticker, comes as part of Grayscale Investments’ ongoing efforts to attract investors with a low-cost option for gaining exposure to Bitcoin. With a 0.15% sponsor fee, Grayscale’s BTC is the cheapest spot Bitcoin exchange-traded fund (ETF) on the market. The mini fund is…

A recent rediscovery of a court document has shed new light on Ripple’s business dealings regarding XRP. The document revealed that the company had entered into over 1,700 contracts with financial institutions and companies to transact XRP. Members of the XRP community recently resurfaced this court document, originally filed in 2023, during the heat of the Ripple and SEC case. Per the document, the 1,700 contracts are specific agreements outlining the terms under which Ripple transferred XRP to various counterparties in commercial transactions. Expert Analysis of Ripple’s 1,700 XRP Sale Contracts The context of the revelation at the time was…

Solana ecosystem players have eyed mobile devices since the Saga phone, and a SOL-based team just announced its web3 gaming bet. Less than twenty-four hours before Solana (SOL) Breakpoint in Singapore, a SOL-native team called Play Solana announced the first handheld gaming console built atop the layer-1 blockchain. The startup calls its gaming device the “Play Solana Gen1” or “PSG1.” Some social media users have noted that it looks like retro gaming machines, such as the popular Nintendo Game Boy. The gaming device will ship with support for SOL’s decentralized network, though the specific web3 games that users will be…

The service eliminates the need for developers to manage complex node infrastructure. Key Takeaways Google Cloud’s new Blockchain RPC service simplifies web3 development. The service offers scalability and supports Ethereum with plans for more chains. Google Cloud has unveiled its new Blockchain Remote Procedure Call service to simplify blockchain development for web3 developers, making it easier for them to interact with blockchain data, as announced by the company in a recent announcement. The service initially supports Ethereum mainnet and testnets, with plans to expand to more chains in the future. Blockchain Remote Procedure Call services, also known as RPC nodes,…

Bitcoin (BTC) seems to be losing momentum as bullish sentiments drop. As the asset trades at the mid $60,000 range, one reputed analyst remains unconcerned. He says BTC will rise in the coming months to set a new ATH at the end of the year. Bitcoin (BTC) continues to hang between the mid-$60,000 range and in turn, draws a sort of halt in the bullish momentum of all other altcoins. With Bitcoin (BTC) struggling to regain the $70,000 and above price mark, many investors are beginning to falter in their conviction for a greater ATH for the asset. Silver-Tongued Analyst…

RARE saw a 335% increase in TVL reaching $4.6 million leading the weekly growth rankings. MINT and AURA followed RARE with TVL increases of 93.9% and 92.4% respectively. JUP and KSP also made essential gains highlighting the dynamic nature of the crypto market. RARE has taken the lead among crypto projects for the highest weekly growth in total value locked (TVL). Phoenix Group, a crypto analytics platform, reported that RARE saw a significant 335% increase, bringing its TVL to $4.6 million. This strong growth positions RARE as a major player in the competitive crypto market. Top Performers in Weekly TVL…

It’s finally here. Well, almost: After months of tapping our phone screens and investing in our fictional crypto exchanges operated by furry creatures, the Hamster Kombat token launch and airdrop are just days away on September 26. But for players who are serious about boosting their bags ahead of the airdrop, there’s another date that’s even closer: the season-ending snapshot on September 20 at 6pm UTC. That’s when Hamster Kombat’s developers will call this first in-game season a wrap ahead of the airdrop, and use the remaining days before the token generation event to determine allocations and make sure all…