Author: NBTC

In a noteworthy development that has caught the attention of the cryptocurrency community, a long-dormant Bitcoin wallet has reawakened, realizing staggering gains of 94,700%. Wu Blockchain citing Whale Alert reports that an address holding 190 BTC, currently valued at about $11.49 million, was activated earlier today after being dormant for nearly 11.4 years. According to Wahle Alert, an address holding 190 BTC (about 11.49 million US dollars) was activated at around 3:23 today after being dormant for 11.4 years. These BTC were only worth 12,125 US dollars in 2013, an increase of 947x.https://t.co/zWrPbzuGbe — Wu Blockchain (@WuBlockchain) August 10, 2024…

Sky, the DeFi protocol formerly known as MakerDAO, is under pressure from its community after co-founder Rune Christensen confirmed last month the protocol’s upcoming USDS stablecoin could feature a freeze function sometime in the future. Although the function will not be enabled at launch on Sept. 18, the idea of including the mechanism has sparked concern about the centralization of Sky’s ecosystem. Christensen, addressing recent concerns in an interview with Decrypt during Korea’s Blockchain Week in Seoul on Wednesday, defended the freeze function as a necessary tool for regulatory compliance in jurisdictions where real-world assets back the stablecoin. “You have…

Main Takeaways Cristiano Ronaldo’s 900th professional goal cements his status as one of the greatest footballers of all time. To celebrate, it’s time for some exclusive quotes from Cristiano as he dives into his career highlights. From his first professional goal at 17 to his iconic bicycle kick and more, Cristiano’s track record is a testament to his skill, resilience, and determination. Binance and Cristiano Ronaldo have immortalized some of his most iconic goals on the blockchain through the Forever CR7: The GOAT NFT collection, and you can add one to your wallet easily today on the Binance NFT Marketplace.…

Ethereum’s exchange reserve increased by 163K ETH in the past five days. Ethereum has added over 4 million new holders in the past three months. Ethereum could bounce near $2,400 support after moving average resistance. Ethereum (ETH) is down over 2% on Tuesday following an indication of selling pressure due to an uptick in its exchange reserve. However, other on-chain metrics indicate mixed investor sentiment amid ETH’s price consolidation. Daily digest market movers: ETH rising exchange reserve, new holders uptrend Since August 29, Ethereum’s exchange reserve has switched from a downtrend to an uptrend. Exchange reserve is the total amount…

Recent legal proceedings involving former FTX executive Ryan Salame highlight a tense dynamic between plea agreements and ongoing investigations. Salame’s claims of government misconduct have sparked litigation, particularly concerning potential future indictments of his partner, Michelle Bond. In a significant turn, prosecutors firmly rejected Salame’s assertions, emphasizing that no promises were made about impacting Bond’s legal situation. This article delves into the complex legal landscape surrounding Ryan Salame’s plea agreement and its ramifications for Michelle Bond, amid allegations of misconduct and unlicensed operations. The Plea Agreement and Its Fallout U.S. prosecutors have firmly stated that they did not breach any…

Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a video posted on his YouTube channel that Bitcoin is at risk of dropping lower if it fails to hold above $62,000 heading into the Death Cross. Bitcoin had rallied to as high as $62,000 after recovering from its price crash below $50,000 on August 5. The rise to $62,000 brought about the Death Cross, which now threatens lower prices…

API3 unveiled a new generation of solutions designed to make decentralized finance faster, more efficient, and more sustainable. API3 is focusing on improving the infrastructure behind DeFi to ensure long-term growth and better performance for developers. It is rolling out its latest technology aimed at improving how DeFi protocols access real-world data, according to a press release shared with crypto.news. With DeFi growing rapidly, API3 (API3) is working to make data feeds more efficient and valuable for developers. Oracles are crucial to DeFi because they bring important data, like prices, onto blockchains. However, traditional oracle services mainly focus on delivering…

MetaMafia has announced a new partnership with Orbler. MetaMafia revealed this news through their official X account. This collaboration marks an exciting development for both companies. This collaboration aims to enhance the NFT experience for enthusiasts and innovators in the digital asset space. 📣 Orbler x META MAFIA Partnership! ✨With @ProjectMAFIANFT, we’re creating a platform for NFT enthusiasts to explore and maximize the value of digital assets, driving innovation and trust in the NFT space! 🌐#Blockchain #Web3 #NFT pic.twitter.com/O8e1wXBwVE — Orbler (@Orbler1) September 5, 2024 Orbler Bridges Web2 and Web3 with Innovative Marketing Tools Orbler is a new generation of…

Este artículo también está disponible en español. Ethereum price dived below the $2,420 and $2,400 support levels. ETH tested $2,300 and is now showing signs of a decent recovery wave. Ethereum is attempting a recovery wave from the $2,300 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 resistance to start a steady increase in the near term. Ethereum Price Dips Again Ethereum price extended losses below the…

Investors holding 50 million, 100 million, or 500 million Shiba Inu tokens will record significant gains if SHIB surges to a lofty target of $0.000528. The broader market collapse has continued to have a bearish impact on Shiba Inu’s (SHIB) performance, triggering a massive fall below the $0.000015 threshold. At press time, SHIB trades at $0.00001466 per token, representing a decline of 6.3% over the past 24 hours. Similarly, SHIB has witnessed a decrease of 14.65% in the weekly charts. Additionally, the dog-themed token has plunged 10.9% since the beginning of August 2024. Shiba Inu’s bearish performance in August follows…