Author: NBTC

Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently gained global attention. The two founders, Rushi Manche and Cooper Scanlon used to be the students of Vanderbilt University. They first met in college, where they recognized each other’s fascination with blockchain technology and quickly bonded, dreaming of building a business together, which led them to drop out of college in 2022 and found the company. Even though the mainnet hasn’t launched yet, Movement is attracting market interest for three main reasons: First, they…

Tech mogul and the world’s richest entrepreneur Elon Musk has taken to his official account of the X social media platform to share a meme with the X community and crypto fans. Prominent cryptocurrency trader Willy Woo made a comment which aroused the crypto community’s curiosity – he assumed that Musk is buying Bitcoin. “Elon Musk is stacking Bitcoin”: Willy Woo Elon Musk published a meme about which says: “Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard times.” “You are here”, an added text says, pointing at the “weak…

Metalpha had dumped another 22,000 ETH worth $51.16 million to Binance. Ethereum price could soar to the $2,570 and $2,800 levels if it closes a four-hour candle above the $2,400 level. ETH’s Long/Short ratio currently stands at 1.067 in a four-hour time frame, indicating bullish market sentiment. In the ongoing choppy cryptocurrency market, Metalpha, a giant asset management firm based in Hong Kong, is gaining significant attention from crypto enthusiasts due to its continuous Ethereum (ETH) dump. On September 11, 2024, the on-chain analytic firm TheDataNerd made a post on X (previously Twitter) that Metalpha had dumped another 22,000 ETH…

What should you consider when weighing the options between investing in crypto ETFs versus the mature gold ETF market? Table of Contents Crypto ETFs put up a fight What are crypto ETFs? Pros and cons of crypto ETFs How to pick a crypto ETF The road ahead Crypto ETFs put up a fight 2024 marks a key milestone in the crypto world with the launch of the first spot Bitcoin (BTC) ETFs on Jan. 10, followed closely by the debut of spot Ethereum (ETH) ETFs on Jul. 23. These launches, coming after years of struggles and numerous rejected applications, have…

A notable figure in the crypto community, known as the “Crypto Philosopher,” recently expressed that no other cryptocurrency will ever hold the unique position of XRP. “There will never be another XRP,” he declared. This bold statement comes in light of recently surfaced court documents that reveal Ripple’s extensive web of agreements surrounding the distribution of XRP. Specifically, the document revealed that Ripple had entered over 1,700 contracts with various financial firms concerning XRP, underscoring its unique position in the crypto asset landscape. Notably, these contracts were initially highlighted during the discovery phase of the SEC vs. Ripple case. However,…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Prom, a zkEVM modular L2 linking Non-EVM and EVM worlds via interoperability, has recently experienced a stress test. In line with the statistics that Prom provided, the recent rigorous stress test of Prom appears as a resilient part of the platform’s Testnet V2, with the results signifying that the system thereof is resilient along with the capability to tackle substantial loads with no performance issues. Stress Test ResultsCommunity, we thank you all for participating and showing immense activity.We’re happy to announce that our network successfully withstood the load during the Stress Test while maintaining the average high load of 100,000…

Samson Mow, a Bitcoin proponent and chief executive at the JAN3 company that helps nation-states to adopt BTC, has sent an important message to the global crypto community, doubling down on his $1 million Bitcoin prediction. He provided several major triggers that may help the world’s leading cryptocurrency make that massive price jump. Mow now certain Bitcoin will hit $1 million next year The JAN3 chief tweeted that he now believes that Bitcoin’s odds of reaching $1 million within the next year are much higher now. Answering a question about what will make Bitcoin start trading as a true risk-off…

Ethereum price is again rising and trading above $2,320. ETH must clear the $2,400 resistance to gain bullish momentum in the near term. Ethereum is attempting a recovery wave above the $2,320 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term. Ethereum Price Eyes Upside Break Ethereum price remained supported above the $2,250 level. A base was formed, and…

Legendary game developer CCP Games this week lifted the lid on Eve Frontier, a space survival game set in the Eve Online universe that features blockchain integration. Initially referred to as Project Awakening, Eve Frontier appears to have a lot of similarities to the massive Eve Online game, but with more of a survival focus—and the ability to use crypto tokens and blockchain code to impact and reshape the game in new ways. Details are still a little thin on the ground, but with such a prestigious development studio behind it, hopes are high that Eve Frontier could be one…