Author: NBTC

Cryptocurrencies strengthened on the back of equity gains at the start of Monday, indicating increased optimism ahead of major central bank decisions. This week, investors await the release of key economic data and the Federal Reserve’s July meeting slated for the week. The Fed’s meeting will begin on Tuesday and end on Wednesday, with an announcement of interest rates and new monetary policy guidance. Rates are widely expected to remain steady, but investors are looking for signals about when and how many rate cuts may occur this year. They will therefore be intently following any policy guidance issued by the…

A trader recently made headlines by spending 440 $ETH (approximately $1.5M) to acquire 21,183 $BANANA tokens at an average price of $71.14. This significant transaction occurred seven hours ago. A trader spent 440 $ETH($1.5M) to buy 21,183 $BANANA at an average price of $71.14 7 hours ago.This trader previously bought 18,803 $BANANA($235K) at $12.52 and sold at $26.26, making a profit of $258K!Address:0x02F6f73Ebd8D79003EE5d84fB642ca7695882D63 pic.twitter.com/8MJuoHKsjL — Lookonchain (@lookonchain) July 19, 2024 The same trader had bought 18,803 $BANANA for $235K at $12.52 each and sold them at $26.26, resulting in a substantial profit of $258K. The trader’s wallet address is 0x02F6f73Ebd8D79003EE5d84fB642ca7695882D63.…

Bitget has become one of the first major wallet providers to fully integrate The Open Network (TON), a Telegram-endorsed blockchain. Bitget Wallet will now allow The Open Network users to trade native assets and buy or swap Toncoin (TON) through cross-chain venues and fiat corridors like Banxa. Users will have access to at least nine other channels to convert fiat currencies, such as U.S. dollars, into TON. In a statement, Bitget Wallet COO Alvin Kan highlighted that adding The Open Network mainnet support to the firm’s swap service expands utility for traders and improves access to a rapidly growing ecosystem.…

Blockchain developers are pushing toward a new era – where you won’t even notice the blockchain. Router Protocol, a project built using Cosmos blockchain technology, said Tuesday that it launched the main network of a new blockchain designed for “chain abstraction” – a concept embraced by many protocols with the aim of making the user experience of blockchains more seamless, especially when it comes to cross-chain transactions. By taking the complex technicalities away, users don’t even need to recognize that they are using a specific blockchain. It’s been championed by ecosystems like NEAR, which recently released “chain signatures” as part…

The month of June was a tumultuous one for the Bitcoin price as it brought quite a lot of volatility. Unfortunately, the price action was resolved to the downside, and the bears managed to push it down by 7.12%. Will July be different? Bitcoin Price Bullish in July With June behind our backs, it’s worth noting that Bitcoin went on a complete rollercoaster during the past 30 days, soaring to as much as $72,000 and dropping to a low of slightly more than $58,000. That said, the sellers were ultimately victorious, pushing the price down by about 7% in total.…

This week in prediction markets: Polymarket whales favor Trump, despite Harris’ gains. Mainland China will probably not unban Bitcoin in 2024. Coinbase volume will likely half in Q2. In the week since President Joe Biden stepped down as the Democratic party candidate, his running mate Kamala Harris has effectively doubled the chances of a Democrat taking the White House, moving the odds to 38% from 18%. Harris’ gains in the Polymarket polls appear to be from small, individual bets entering the market. Trump’s bettors, however, seem to have more conviction: the top five holders of the ‘Yes’ side of Trump’s…

Since its launch, the BitTorrent Chain has become the key infrastructure to connect the entire BitTorrent ecosystem. Let’s dive into its features and performance. Key Takeaways BitTorrent Chain is the core infrastructure for incentivizing multiple BitTorrent products, such as the original BitTorrent torrent tracker, BTFS file storage system, and DLive streaming platform. BTTC is a cross-chain multi-layer protocol that enables seamless asset interoperability between Ethereum, TRON, and BNB Chain, rather than a classic chain. The $BTT token is used not only for gas fees but also for faster file distribution in BitTorrent, rewarding validators, paying for BTFS storage, purchasing BitTorrent…

The Shiba Inu Play-to-Earn (P2E) game Shiba Eternity has launched in closed beta, according to the community’s marketing expert, Lucie. In a post shared on X with community members, Lucie urged enthusiasts of the game to get ready to play. Exclusive access for LEASH holders Shiba Eternity, introduced in 2022, has undergone different, and based on feedback from players, it has improved remarkably as the team has worked to make it better. The card game allows users to earn TREAT tokens to play the game, with each transaction burning some SHIB. According to Lucie’s update, following this launch in closed…

Cryptonica has reached a significant milestone by successfully handling 10 million transactions every week. Cryptonica has a network of 6,000 ATMs spanning 22 countries, making it easier to access digital assets. Transactions from these ATMs show that 62% involve Bitcoin (BTC), 23% involve Ethereum (ETH), 7% involve Dogecoin (DOGE), and 8% involve other altcoins. The average transaction value is $133, suggesting a diverse user base that includes retailers and small to medium-sized businesses. You might also like: https://crypto.news/crypto-atms-fraud-and-scams-on-the-rise-in-the-us-report/ What are crypto ATMs? Crypto ATMs, also known as Bitcoin ATMs or BTMs, are physical kiosks that enable users to buy and…

The goal of the strategic relationship between INTMAX Stateless Ethereum Layer 2 and Plat’Home Co., Ltd., a trailblazing enterprise in the Linux and Internet of Things (IoT) space, is to commercialize a general-purpose token protocol for Real World Assets (RWA), which includes the “Internet of Things.” In order to tokenize Real World Assets (RWA), such as the Internet of Things (IoT), a new blockchain application field that is quickly gaining traction in society, INTMAX and Plat’Home have partnered. This alliance combines the “ThingsToken TM” technology from Plat’Home, which tokenizes a variety of physical assets (RWA), with “Plasma Free,” a new…