Author: NBTC

BTC breaks $63,340 resistance, sparking renewed optimism among traders and investors. Fed liquidity spike draws parallels to past 38% Bitcoin surge in one week. Analysts eye $71,500 target as BTC resumes upward trend post-June downtrend. On July 1, the price of BTC broke through the daily resistance at around $63,340 mark, signaling renewed optimism among traders and investors. Additionally, Fed net liquidity just experienced its largest spike in 15 months. The last time this happened, Bitcoin surged 38% in a week. 🚨 BREAKING 🚨 FED NET LIQUIDITY JUST HAD ITS BIGGEST SPIKE IN 15 MONTHS.THE LAST TIME IT HAPPENED, BITCOIN…

The price of Toncoin (TON) has not been performing well in the recent past. It has been consolidating, with a lack of higher momentum. However, it appears that the tide is turning for the TON price. While the price has remained stagnant, the coin has witnessed a huge surge in a key metric. Per CoinGlass, the trading volume of Toncoin has skyrocketed 170.12% during the last 24 hours. Currently standing at $218.92 million, this surge highlights the rising trading activity for the coin. It reflects growing market participation while also showing a change of sentiment. Traders appear to have turned…

Mythical Games’ VP of Blockchain Tech, Cameron Thacker, said he believes the current interest in blockchain gaming is more sustainable than the last cycle. He attributes this to a shift in focus, with projects now prioritizing “engaging experiences over frothy marketing and questionable tokenomics.” Gaming Giants Boost Blockchain Gaming Industry In an interview with Bitcoin.com News, Thacker cited the growing prevalence of layer-2 (L2) solutions, which better equip blockchain networks to handle user demands, as another reason interest in blockchain games is one the rise again. He also highlighted the entry of traditional gaming giants like Bandai Namco, Konami, and…

Bitcoin experienced a notable drop in early Asian trading hours, falling from $62,000 to $60,268, marking a 3% decline. This downturn has also affected other major cryptocurrencies, with Ethereum, Solana, and Dogecoin each falling roughly 3%. The cryptocurrency market is currently grappling with multiple pressures, particularly the anticipated distribution of Bitcoin from the defunct Mt. Gox exchange that’s expected to begin this month. Singapore-based crypto trading firm QCP Capital highlighted the market’s focus on this issue. “The Mt Gox release is also slated to happen this week,” the firm wrote in its Telegram group. “This overhang of up to 140,000…

The Polygon revealed more information about the awaited rebrand of MATIC coins to POL tokens. Their crypto project confirmed that mainnet upgrade will happen on 4 September 2024. POL will initially serve as the staking and gas coin in the Polygon network, replacing MATIC. Community reaction will determine whether the blockchain will increase the new token’s utility to Polygon’s AggLayer (aggregation layer). The updates triggered increased activity in Polygon. For instance, on-chain stats show daily active addresses have climbed to yearly highs. Such sentiments saw projects in its ecosystem, including Potcoin (POT), recording notable actions. Potcoin is a crypto operating…

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…

Vocal Bitcoin advocate and chief executive of BTC company JAN3 Samson Mow has made an important BTC call, addressing the governments of various countries. Mow warned them about the growing importance of the world’s flagship cryptocurrency. Mow warns global governments Samson Mow commented on the current state of economies in various countries, including, it seems, the United States. Mow once again touched on the subject of fiat money and its inability to support a healthy economy. He tweeted that it is impossible to fix the economy “because the money is broken.” His recommendation is that they must “fix the money…

The DeFi realm keeps on rising, displaying a resilient investor trust. The top DeFi projects this week based on total value locked take into account LIDO, Aave V3, EigenLayer, Maker DAO, and Rocket Pool. The data discloses that the respective projects have several factors responsible for their progress including market cap and price. LIDO Rules the DeFi Market with a Massive TVL LIDO has once again secured the top position in the case of total value locked. According to the statistics, the DeFi project possesses a TVL of up to $32.11 billion. The respective amount indicates a decrease of 5.51%…

Value DEX has officially launched on the BNB Chain. It marks its entry as a new decentralized exchange (DEX) on the Binance Smart Chain (BSC). The launch occurred just a few hours ago, expanding the options available for token trading on the BNB Chain. Value DEX to Expand Token Support Beyond BNB Chain The DEX aggregator supports only those tokens that are launched on the BNB Chain, but this is set to change in the future. This is especially important for investors and stakeholders for the sustainable growth and development of Value DEX within the DeFi ecosystem. Attracting the audience…

Robonomics announced it will be integrating the Polkadot Relay Chain on September 25. Polkadot experienced significant price volatility but DOT was unable to break through the $6.50 resistance level. Robonomics, a major player in the web3 cloud for IoT, announced its potential integration to the Polkadot Relay Chain on September 25th. Boasting over 2 successful years on the Kusama Network, this significant integration will mark a pivotal moment for the Web 3 giant. After the integration, Robonomics will be able to utilize Polkadot’s robust security and scalability. Greetings @Polkadot! 🖖🤖 Robonomics has won the Parachain slot auction #75 and will…