Author: NBTC

Recent data analysis from Santiment reveals that the Bitcoin (BTC) supply distribution by wallet size has experienced notable changes. As of today, Bitcoin reached $58,000, with retail traders showing more optimism. However, for Bitcoin to return to its all-time high levels, key factors regarding wallet sizes need to shift, according to Santiment, a market intelligence platform. Small wallets holding less than 1 BTC are currently at their highest ratio in seven months, while larger holders’ activity has plateaued. This change in supply distribution could play a critical role in Bitcoin’s future price movement. Small Wallets Continue to Grow Santiment’s data…

A massive crypto whale with over $390M in assets has made a move and, in the last 6 hours, is noted to have withdrawn $21.77M worth of Ethereum (8,065 ETH) from Binance. The whale with address ID 0xed0c6079229e2d407672a117c22b62064f4a4312 has recently come to light due to large transactions by Lookonchain, a blockchain analysis platform. A giant whale with $390M assets withdrew 8,065 $ETH($21.77M) from #Binance again in the past 6 hours.Address:0xed0c6079229e2d407672a117c22b62064f4a4312 pic.twitter.com/hcr3SQ6Wbe — Lookonchain (@lookonchain) October 21, 2024 Whale’s Strategic Withdrawals Whale’s last activities indicate that the account is actively making a series of withdrawals from Binance. In the last couple…

With data showing that a cluster of 19 trillion Shiba Inu is held by addresses at a profitability point, Shiba Inu is rapidly approaching a pivotal moment in its market activity. The short-term price movement of SHIB is significantly impacted by this clusterб which represents a sizable portion of the token’s total supply. The data indicates that SHIB is currently trading at about $0.000014 and that 65.5% of active addresses are sitting at the money, that is, they are holding SHIB at or close to its current price. With 19.46 trillion SHIB a total of 1.12K addresses are in this…

New data indicates that the blockchain gaming market is expected to reach hundreds of billions of dollars by 2030, driven by a robust annual increase. The blockchain gaming sector is on track for significant expansion, with estimates suggesting it could reach $301.5 billion within the next six years, reflecting an annual growth rate of around 68%. Analysts at blockchain analytics firm Nansen attributed this surge, in a recent blog post to the decentralized nature of blockchain technology, which allows players ownership of in-game assets, such as non-fungible tokens and tokens. In-game economy comparison across Seraph, Illuvium, & Axie Infinity |…

CARV and Kaia have formed a strategic partnership to revolutionize identity and data ownership in Web3. The collaboration was announced via CARV’s official X account. By combining Kaia’s mission to onboard millions of users from Asia’s largest messaging platforms and CARV’s expertise in identity and data infrastructure. Further, this partnership aims to accelerate blockchain adoption and enhance decentralized application (dApp) integration. Big News, CARVers!CARV and @kaiachain are teaming up to boost identity and data ownership in Web3Key outcomes include:•Comprehensive identity solutions for dApps on Kaia•Accurate data ownership tools for users•Seamless experiences across applications, fostering trust… pic.twitter.com/tTYDbUGpOY — CARV (@carv_official) October…

Bitcoin has made some recovery over the past 24 hours, which may have prevented this deep fall that the asset was previously at risk of. Bitcoin Has Recovered Back Towards The $57,000 Level Bitcoin witnessed a plunge a few days ago, but it has started this new week with bullish momentum, seemingly rejuvenated as its price has recovered to $57,000. The below chart shows what the coin’s recent performance has looked like. This 4% jump in the last 24 hours has completely retraced the price above plummet. Perhaps more importantly, the surge has helped the asset gain some distance over…

Ethereum (ETH) rose to a high of $2,758 before being pushed back. This is the fifth time Ether has tested the $2,800 resistance level. Ethereum price long-term analysis: bullish The largest altcoin has settled between $2,200 and $2,800. Today, Ether is dropping towards the moving average lines. The uptrend will continue if it retraces and stays above the moving average lines. However, the urge to sell Ether will continue if the bear breaks below these lines. The altcoin will crash and regain its previous low above $2,300. At the time of writing, the altcoin is valued at $2,645. Analysis of…

XRP whales are not backing down amid the continuous sideways movement from the Ripple-associated coin. Despite the stagnant market growth and lackluster performance in the past few weeks, large investors are still showing confidence in XRP. The buying trend is consistent, as these whales have been buying the dips. Earlier today, crypto tracking service Whale Alert reported a huge XRP purchase by a potential whale. It was revealed that a whopping 30 million coins were transferred from crypto trading platforms to an unknown wallet. The total value of these coins, according to the current XRP price, is estimated to be…

Gaming giant Ubisoft—the publisher behind such franchises as Assassin’s Creed and Just Dance—launched its first original NFT game called Champions Tactics: Grimoria Chronicles on Wednesday. Built around optional NFTs minted on blockchain gaming network Oasys, Champions Tactics is a free-to-play PC game available through the Ubisoft Connect platform. The tactical strategy game challenges players to select teams of fantasy-themed digital figures and then enter battle against other online opponents in turn-based combat. Anyone can download and play the game for free using the provided “ethereal champions,” or non-NFT warriors, which can be used in unranked play and also a limited…

The “unparalleled” nature of Partisia Blockchain’s “provenance and depth of experience” makes it uniquely placed to solve the problem of data privacy in public blockchains, Adrienne Youngman, CEO of Partisia Blockchain Foundation told CoinDesk in an interview on Tuesday. Privacy has been a weakness for public blockchains for years causing enterprises and institutions to be reluctant in using the technology to solve real world problems because it reveals sensitive data. Earlier this year, crypto analytics platform Arkham’s CEO Miguel Morel said “Publicly available blockchains are probably the worst possible way of keeping one’s private information private.” Partisia says it offers…