Author: NBTC

Dogecoin (DOGE) might be experiencing an immediate price plunge, but it is arguably one of the most profitable digital currencies to hold at this time. Data from crypto analytics platform IntoTheBlock (ITB) pegs DOGE’s profitability at exactly 83.12%. Dogecoin address profitability outlook This profitability figure pegs the total addresses in profit at 5.24 million, with the average maximum profit price mark set at $0.149375. These profitable addresses came shortly as Dogecoin surpassed the five million milestone. When properly examined, addresses at the break-even point or those with neither profit nor losses come in at 223,680, or 3.55% of the total…

Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the country. Paraguay’s Santiago Peña Interest in Paraguay as Bitcoin Mining Haven Is High Even With Recent Power Fee Hikes The government of Paraguay supports enacting a power fee hike of up to 14% that affects bitcoin mining operations. Santiago Peña, Paraguay’s president, recently disregarded the…

Key Points: zkLink launches zkEVM Rollup, zkLink Nova, aggregates Ethereum & Layer 2 assets, enhancing transaction efficiency and security. zkLink’s Token Generation Event (TGE) is live, with listings on top exchanges like Bybit. OKX Ventures partners with zkLink, joined by high-profile investors, including Coinbase Ventures and Solana Ventures. zkLink launches zkEVM Rollup technology and has just released its Token Generation Event (TGE). After that, it has been listed on leading platforms like Bybit. This is a significant development for zkLink in redefining the blockchain space. It’s here! 🎉$ZKL is now live! 🚀Get it on these CEXs: Bybit, Bitget, KuCoin, Gate,…

Bitcoin’s price plummeted to approximately $53,500 during early trading hours in Asia on Friday, hitting this low for the first time in four months. This significant decline has raised alarms among investors and market analysts. According to BeInCrypto data, Bitcoin (BTC) has fallen by roughly 6% over the past 24 hours. Bitcoin’s Sharp Fall Liquidates Over $589 Million The volatility in Bitcoin and the broader crypto market has caused huge liquidations. In total, $589 million was liquidated, which included more than $511 million in long positions and $78 million in shorts. Notably, nearly $100 million was liquidated in just the…

DOG is running ahead of the pack as the clearest short-term leader among Bitcoin Runes. This new type of token launched just a few days ago, produced its first group of tokens, most dedicated to memes. DOG-GO-TO-THE-MOON, the Bitcoin-based answer to Doge-meme tokens, is still a comparatively small asset. But its rapid pace of expansion is drawing attention. Bitcoin Runes also challenge the maximalist narrative, in which the leading blockchain is mostly a store of value. DOG is trading at only $0.00377, after going through lows under $0.002. The most widely traded Rune will have to recover its all-time high…

The article written by Monica Long, president of Ripple, outlines the company’s vision for the future of the global financial infrastructure through the use of blockchain technology and digital crypto assets. Ripple, founded on the belief that blockchain will become the global financial infrastructure of the future, has worked for over a decade to make this vision a reality. Evolution of the crypto market and the roadmap of Ripple’s blockchain Connecting TradFi and Crypto Conclusions and the ambitions of Ripple Evolution of the crypto market and the roadmap of Ripple’s blockchain The article begins with a summary of the evolution…

Bitcoin’s value fell to $57,000 late Thursday and hit a low of $53,800 in the early hours of Friday, according to data from TradingView. The extended correction came after a movement of $2.7 billion in Bitcoin from a Mt. Gox wallet to a new address yesterday. Source: TradingView On Thursday evening, a wallet controlled by Mt. Gox, the now-defunct crypto exchange, transferred 47,229 BTC, worth around $2.7 billion, to a new hot wallet, Arkham’s data shows. The latest wallet activity is believed to be part of Mt. Gox’s trustee plan to distribute over $9 billion in Bitcoin, Bitcoin Cash, and…

In a noteworthy development, XRP has seen a staggering 108% increase in trading volume amid a broader $400 million sell-off on the cryptocurrency market. Data from CoinMarketCap indicates that XRP’s trading volume more than doubled, rising by 108% compared to the previous day. This surge in trading volume comes at a decisive time in the digital asset space, as investors react to a mix of news both within and outside the crypto market. The past 24 hours have been noteworthy for the crypto market. Following much speculation, the U.S. Securities and Exchange Commission (SEC) approved eight spot Ethereum ETFs to…

SSV Network DAO, SSV Network protocol’s governing organization, has recently made a remarkable move. As per the firm, it has announced a couple of exclusive community initiatives named “Community Associates Program” and SSVDivers Ambassador Program” to enhance overall community engagement. The firm disclosed that this development also focuses on the provision of incentives to promote participation by the SSV community. SSV Network DAO Announces the Release of 2 Latest Projects to Raise Community Engagement The SSVDivers Program pays attention to delivering opportunities, guidelines, and resources for the community members. This will reportedly showcase their skills with the proposals and management…

Bitcoin is currently having its worst time in many months. Selling pressure have pushed the bulls off completely. Technical indicators point to a market under the control of bears. However, the derivatives market suggests that the bulls might not be dead after all. Source: Coinglass The bulls are still here Derivatives data from Coinglass shows bullishness in market sentiment and activity. Over the past 24 hours, trading volume has surged by 46.20%, reaching $87.90 billion. Clearly, traders have heightened their activity. However, the open interest has decreased by 6.66%, now standing at $29.61 billion. This reduction typically means that traders…