Author: NBTC

The XRP price chart seems to be mirroring the same pattern as during its bull spike in 2017. Analysts note the same pattern in the price charts now expecting a 60,000% price pump. XRP analysts and holders debate how far the price of XRP will go varying from $20 to $9,761. The crypto community waits patiently for Bitcoin (BTC) to regain its full bullish momentum as altcoins show bullish signs instead. Amongst these bullish altcoins is VeChain (VET), WadzPay (WTK), JasmyCoin (JASMY), Cardano (ADA), and Ripple’s XRP. In particular, the XRP Army is very bullish and is expecting a phenomenal…

Sandbox is the worst-performing of all Metaverse projects to date according to a recent report. Sandbox’s average floor price had fallen from a high of 2.86 ETH in 2021 to a low of 0.13 ETH in 2024. That’s a whopping 95% drop in the measure. The report further linked that decline in Sandbox‘s prices to the general trend within the Metaverse space. It revealed that mean floor prices here have fallen by 72% From their 2021 peak prices. These figures have opened debate on what could have happened to a sector that seemed very promising a few years ago. Source:…

Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800 According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain demand zone. Demand zones refer to price ranges where many investors last bought their coins. These ranges can be determined through on-chain analysis, as the average cost basis of each address on the network can be readily calculated through its transaction history. Below is the…

Ripple Chief Technology Officer (CTO) David Schwartz has shared his take on whether it is easy to build a decentralized digital asset backed by gold. Aside from being Ripple’s CTO, Schwartz was among those who created XRP Ledger and XRP tokens. Decentralized gold-backed crypto? “It’s really hard to do” An X app user asked David Schwartz whether it is possible to create a digital asset backed by gold and make it not centralized. The Ripple CTO eagerly responded to that, saying that “it’s really hard to do.” Schwartz believes that rather than backing a crypto with gold, it is rather…

On July 11th, the cryptocurrency market witnessed significant movements, with several tokens recording substantial gains. Leading the charge was $ALEX, which saw an extraordinary increase of 69.8%. This remarkable surge has drawn considerable attention from investors and market analysts alike, marking $ALEX as a standout performer of the day. Top 7 Gainers of the Day – July 11th@alexlabBTC $ALEX +69.8%@originalspike $SPIKE +31.5%@Ultra_io $UOS +19.4%@OfficialASRoma $ASR +18.4%@sia__foundation $SC +15.7%@GameBuild_ $GAME +15.7%@gmecoinsol $GME +14.1% pic.twitter.com/S2yOqHbSea — TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) July 11, 2024 Following $ALEX, $SPIKE rose notably, gaining 31.5%. This considerable uptick reflects growing interest and positive sentiment surrounding…

Andrena, a U.S.-based internet service provider, has announced the completion of an $18 million extended Series A funding round led by Dragonfly Capital, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, 6th Man Ventures, and Parafi. The funds will be used to develop Dawn, a Solana-based decentralized broadband distribution network. Andrena Raises $18 Million in Extended Series A Funding Round to Develop Dawn Decentralized alternatives to traditionally centralized services are taking advantage of blockchain technology to reach more people. Andrena, a U.S.-based internet service provider (ISP) announced the completion of a successful $18 million extended series A funding…

Last week, the Helium Foundation said in a somewhat-cryptic blog post that it would be unveiling new proposals for “subnetworks” that go “beyond wireless.” Guesses as to what these subnetworks would be flooded in, ranging from proof-of-location to decentralized compute. The answer became clear this week when a Swedish energy-focused project named Srcful proposed becoming a Helium subnetwork with its own ENERGY token. The Helium Foundation has mostly kept mum on what other future subnetworks might be. Helium currently lets individuals run nodes in its Internet of Things (IoT) network in exchange for Solana-based IOT tokens, which can be converted…

Please take note that not all of the spots featured below accept cryptocurrency payment. This blog is the first in a new series designed to offer a guide that covers the most interesting travel routes where you can use Binance Pay to pay for your travel expenses. If you ever wondered where you could travel using crypto – read on, we are here with the answers. In today’s article, we’ll look at the Kingdom of Bahrain, also known as The Pearl of The Gulf: a captivating archipelago of 83 natural and artificial islands, nestled in the heart of the Arabian…

The recent Bitcoin halving event has triggered a significant shift in the revenue landscape for miners, altering their strategies and potentially impacting the broader cryptocurrency market, according to a new analysis. As highlighted by analytics firm Checkonchain in a YouTube video, the recent halving event has significantly shifted miners’ revenue sources, impacting overall market dynamics. The halving, which reduces the block subsidy by half, forces miners to adapt their strategies. This reduction often leads miners to sell their accumulated Bitcoin to cover operating costs, potentially triggering a capitulation event. However, once the market recovers, hash ribbons — a metric indicating…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2011, a 9.1 magnitude earthquake struck the seafloor of Japan, causing a massively destructive tsunami. In the following days, Japan’s Nikkei stock market fell by 6.2%, reflecting the market’s reaction to an unprecedented disaster. You might also like: Protecting digital assets: Custodial innovation for institutions | Opinion Thirteen years later, cryptocurrencies, which have surged in popularity, face criticism for their extreme short-term fluctuations, often perceived as even more volatile than traditional stocks. While this volatility can…