Author: NBTC

Lucie, the Shiba Inu (SHIB) team’s marketing lead, has posted a defense of Shytoshi Kusama’s desire to maintain his privacy. The lead developer of Shiba Inu’s identity remains unknown to the public, raising criticism from some members of the community. Lucie’s defense of Kusama’s anonymous identity Responding to critics in an X post, Lucie says Kusama’s stance on maintaining anonymity is not an issue. What matters, according to Lucie, are his actions, responsibility and morals. However, she pointed out that anonymous developers can be a red flag when problems arise. This is because they can easily run away and leave…

A series of disastrous economic results published on Friday has onlookers believing the United States economy is quickly spiraling into recession. But while the news initially coincided with a dip in the price of crypto assets, analysts say that a weaker U.S. dollar could ultimately benefit Bitcoin over the long term. The stock market tumbled Friday following the poor reports, with Bitcoin and other major cryptocurrencies following suit. Bitcoin’s price briefly jumped to $65,400 but then fell sharply, dipping to about $62,350 as of this writing. Nearly all of the top 100 cryptocurrencies are down on the day, excluding dollar-pegged…

Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. Mercado Libre Expands Meli Dólar Stablecoin Initiative Mercado Libre one of the largest e-commerce and financial services companies in Latam, has revealed that it will expand the availability of its dollar pegged stablecoin to other markets. During the Modular 2024 event held in Sao Paolo,…

Bullish sentiment has returned to the crypto market, as many coins have witnessed notable price increases. According to CMC, the total crypto market cap is currently at $2.14 trillion, a rise of 4.05% over the last day. The total market volume has also surged 27.05% to $65.19 billion, reflecting the intense trading activity. XRP, one of the most popular altcoins, has also witnessed a big jump in its price. Over the past 24 hours, it has surged 4.17% to the $0.61 level. Moreover, the market cap of the Ripple-based coin has jumped 4.17% to a whopping $34 billion. The XRP…

According to the data, there is a sudden decline in the price of Bitcoin. BTC price has lost more than 1% in the last 30 minutes. It is thought that the decrease in price is due to the increase in tension between Israel and Iran. The Iranian state television presenter said, “in the coming hours, the world will witness extraordinary scenes and very important developments” in his live broadcast program focusing on Tehran’s retaliation against Israel after the killing of Hamas leader Ismail Haniye in Tehran. Three hours ago, Mohammad Marandi, an advisor to Iran’s Ministry of Foreign Affairs, tweeted…

LONDON, Sept 17 (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and pioneers like China, the Bahamas and Nigeria starting to see a pick up in usage. The research by the U.S.-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that 44 countries in total are piloting them. That is up from 36 a year ago and is part of a global push…

Chinese cryptocurrency journalist and blogger Colin Wu has reported about Upbit, the largest cryptocurrency exchange in South Korea, adding two new meme coin pairs. PEPE and BRETT will be trading against the dollar-backed USDT coin. PEPE, BRETT pairs added by Upbit, price skyrockets Meme coin PEPE was launched in April 2023 on the Ethereum chain by a group of anonymous developers inspired by the popular Internet meme character Pepe the Frog. The coin quickly gained traction among investors and was added by major crypto exchanges, including the Binance behemoth. This meme coin brought a significant change into the cryptocurrency space…

Analyst and trader Kevin Svenson is saying that an indicator that has reliably foreshadowed Bitcoin (BTC) uptrends just flashed for the crypto king. In a new video, Svenson tells his 78,900 YouTube subscribers that the Relative Strength Index (RSI) indicator is exhibiting a pattern on the daily chart that has previously led to a major upward move for Bitcoin. The RSI indicator is a momentum oscillator that’s used to determine whether an asset is oversold or overbought. “Most of the time when we break out of this daily RSI downtrend, the RSI comes back, hits it as new support and…

Robbie Mitchnick, Head of Digital Assets at BlackRock, shared insights into the firm’s crypto strategy. BlackRock has been developing its approach for much longer than many might realize. Mitchnick discussed BlackRock’s journey, Bitcoin’s role as an asset, ETFs, and the future of digital assets. A Long Road to Public Adoption Mitchnick revealed that BlackRock’s interest in crypto began as early as 2016, although the firm didn’t consider the asset class “ready for prime time” at the time. This marked the beginning of BlackRock’s crypto journey, quietly building capabilities before making larger public moves. “The evolution really started to accelerate in…

According to a recent RippleX announcement, the XRPL testnet has been successfully reset, with Testnet DEX content, accounts, balances and settings deleted. The reset, which was triggered on Aug. 19, 2024, at 3:00 a.m. EST improves efficiency and testnet stability, while also lowering the cost of operating a testnet node. The XRPL Testnet has been successfully reset as planned today – all Testnet DEX content, accounts, balances, and settings have been deleted. The reset improves efficiency and reduces the cost of running a Testnet node.Stay tuned for updates on long-term Testnet improvements.… https://t.co/6H3wUPUUHv — RippleX (@RippleXDev) August 19, 2024 As…