Author: NBTC

The cryptocurrency market is bracing for a potential influx of tokens worth over $376 million from at least five prominent projects, including Optimism and dYdX exchange, in the coming weeks. Tracking platform Token Unlocks highlighted this impending market event in a recent post on X. Planned unlocks for next | Token Unlock Optimism is set to release the largest quantity of tokens next week, with plans to unlock an additional 2.88% of the OP token supply. On May 31, the Optimism team will distribute 31.34 million OP tokens, valued at $82.12 million, to founders, the project team, and select private…

Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration might differ from the Biden Administration’s approach to crypto. The narrative Vice President Kamala Harris becoming the presumptive Democratic nominee for president after President Joe Biden announced he would no longer seek the seat led to a definite vibe shift. ActBlue, a Democrat-focused fundraising service, reported $160 million in inflows since Biden announced…

GameFi tokens are showing signs of returning as potential gainers, with increased trading volumes. GameFi, an extension of play-to-earn, was among the struggling narratives in the past months. GameFi is returning among narratives making short-term gains. A selection of older gaming tokens is showing 700% growth in volumes and positive price action. GameFi tokens are showing signs of re-awakening after games on Telegram also gained popularity. Also Read: 5 Meme Coin Presales That Could Net 100x Gains For the past week, Dune Analytics data shows a basket of GameFi tokens grew its volumes by 733%, while marking an average 18%…

Metis has announced a strategic partnership with codatta, a leading AI-driven protocol for blockchain metadata analysis. This collaboration marks a pivotal step towards transforming the accessibility, reliability, and utility of blockchain data within the Metis ecosystem. codatta, previously known as b18a, is on a mission to demystify blockchain data, making it universally accessible and understandable. By incorporating semantics-enabling metadata to decode anonymized blockchain addresses, codatta provides detailed insights that simplify complex transaction data. These insights are invaluable for applications in cobmpliance, risk management, and market trend analysis. Moreover, codatta’s technology facilitates the creation of portable on-chain profiles, offering users sovereignty…

Bitcoin’s (BTC) price has declined considerably over the past few days, even losing a critical support level. This seems to have triggered investors’ hopes of the altcoin season beginning, but the truth appears to be rather different. Bitcoin Dominance Slips Bitcoin’s price is hovering around $58,000 at the time of writing after losing the psychological support level of $60,000 this week. This resulted in Bitcoin’s dominance (BTC.D) also falling considerably. BTC dominance was observing a macro uptrend that had been unbroken since the beginning of the year. However, the end of June and the beginning of July have not been…

Pro-crypto U.S. financier and cofounder of the SkyBridge Capital fund Anthony Scaramucci has taken to the X social media network (famously formerly Twitter) to share an outlook on which cryptocurrency the next exchange-traded fund is going to be launched. He believes this will be Solana (SOL) – the fifth largest cryptocurrency with the market capitalization valued at $74,257,065,079. Today, Scaramucci published a tweet in which he advised the global cryptocurrency community to get ready because “we are going to get a SOL ETF.” We are going to get a $SOL ETF get ready. — Anthony Scaramucci (@Scaramucci) May 24, 2024…

Famous American wealth advisor Mickle suggests that Judge Analisa Torres’ declaration about XRP’s legal status dealt a heavy blow to the SEC’s case against Ripple. Recall that Judge Torres declared that XRP in itself is not a security but can be sold as part of an investment contract, as reflected in the decision relating to institutional sales, which were found to be a violation of federal securities law. Judge Torres Weakened the Foundational Basis of SEC Case In a recent clip shared on X, Mickle emphasized that Judge Torres’ declaration about XRP not being security was “Dicta,” a legal term…

Mt. Gox, the defunct Bitcoin exchange, transferred 47,229 BTC, worth around $2.7 billion, to a new wallet as it gears up to distribute $9 billion in Bitcoin, Bitcoin Cash, and fiat to its creditors starting in July, according to data from Arkham Intelligence. Mt. Gox now holds $8.1 billion in Bitcoin. Mt. Gox executes a $2.7 billion Bitcoin transfer to a new wallet The latest transfer follows a number of small ones made early today, with the largest being $24 worth of Bitcoin Arkham’s data shows. A portion of the Bitcoin stash was sent to a Bitget-labeled wallet. Since Bitget…

Vanar continues expanding with the launch of the first NFT marketplace on the Vanar network ahead of its sponsorship of the Google Cloud Startup event in Pakistan. This underscores Vanar’s commitment to innovation and community growth. Exciting News! @Bazaa_io, the first NFT marketplace built on Vanar, is now LIVE! 🎉 Now you can BUY, SELL, and TRADE NFTs using $VANRY. https://t.co/924QCvWkpE — Vanar (@Vanarchain) July 23, 2024 Vanar has unveiled Bazaa, the first NFT marketplace built on the Vanar blockchain. This platform allows users to buy, sell, and trade NFTs using the $VANRY token. The launch of Bazaa_io marks a…

The assets of bankrupt cryptocurrency exchange FTX have completed the sale of $2.6 billion worth of discounted Solana (SOL) tokens, with leading buyers including Figure Markets and Pantera Capital. Pantera and Figure Receive Latest Discounted Solana Tokens from FTX Auction Figure Markets reportedly paid approximately $80 million for a block of 800,000 SOL tokens, which equates to approximately $102 per token. This price represents a significant discount compared to the current market price of approximately $166 per token. This discount led to a 5.6% drop in Solana’s price in the morning. Pantera Capital also participated in the recent auction, but…