Author: NBTC

Bitcoin halted a potential rebound in the early hours of Thursday as onchain trackers spotted another significant BTC transfer by the German government. Data from Arkham Intelligence shows the government‌ transferred 700 BTC, or roughly $40.55 million, to the unmarked address 139PoP…H7ybVu in the early hours of Sunday. Crypto users suspect the address might belong to an OTC service or an institution. The latest transfer joins the list of significant daily BTC transfers by the German government since last week. Crypto trackers have linked most of the previous transfers to centralized exchanges, coinciding with the recent crypto crash that saw…

General Updates Neo released NeoCLI v3.7.4, which is now live on the TestNet and MainNet. The update is designed to facilitate third-party integrations via enhanced support for Koblitz- and Keccak256-based witnesses. Neo is collaborating with the BugRap platform to reach more security experts that can help with the recently launched Neo X TestNet Bug Bounty Program. Neo announced the results of its MelkDAO campaign. 50 winners were chosen to receive $GAS rewards for completing tasks on the learn-to-earn bot in the Neo Discord. ITEM Systems announced an activation at Consensus 2024. Team members from ITEM Systems, COZ, The Smart Economy…

Peter Brandt, a well-known commodity trader, recently stated that he had spotted a short-term Bitcoin buy signal. “The pattern in Bitcoin is something I call a foot shot (Friday). This is a buy signal short term,” Brandt wrote on his X social media account. The pattern in Bitcoin is something I call a foot shot (Friday). This is a buy signal short term. pic.twitter.com/D5jz7FrQFS — Peter Brandt (@PeterLBrandt) July 6, 2024 The commodity trader has also noted that the current correction is the largest correction so far during the ongoing bullish cycle that started in December 2022. On Friday, the…

To control XRPH supply in light of the increased demand, XRP Healthcare stops token swap. The platform intends to blackhole account issuing and prevent new swap features. Pharma and healthcare-focused blockchain-centric platform XRP Healthcare revealed a calculated decision to suspend its XRP to XRPH token swap function. This choice reflects the increasing interest and usefulness of the token in the healthcare industry and is in reaction to the previously unheard-of demand for XRPH coins. 📢 XRP Healthcare will stop XRP to XRPH Swap Facility, Ensuring Token Scarcity on June 7th. This decision comes in response to the unprecedented demand for…

The official marketing lead of the Shiba Inu team, who prefers to be called Lucie on social media, has published a tweet to share a link to a recently posted SHIB video on TikTok. Lucie stated that it has an “epic” soundtrack. This video contains an important message that the SHIB team sends to the Shiba Inu army through this TikTok video. The video contains a voice message, stating: “To the ones who counted me out. To those who did not believe in me and those who left me for dead. I’m still here and I’m not quit.” The text…

As Bitcoin (BTC) aims to reclaim the $60,000 support, an analyst has opined that the asset’s past performance indicates more upside potential, possibly reaching six figures. According to the analyst with the pseudonym apsk32, Bitcoin could be on a trajectory to reach $225,000 in the next several months. The analyst, in a post on X on July 7, noted that the projection is based on an assessment of Bitcoin’s historical price movements and its alignment with a power law support model. Apsk32’s model considers the cyclical nature of Bitcoin’s price movements, historically characterized by four-year cycles. Each cycle typically culminates…

The non-fungible tokens are continuously showing increasing popularity in the market. This week, the 5 prominent NFT collections have witnessed significant spikes in sales with “Solana Monkey,” “Gods Unchained,” and “?? BRC-20 NFTs” being the most well-known among them. As per the market data, in the top five NFT collections, Solana Monkey has the top spot with a remarkable increase in its sales volume. Solana Monkey Rules the NFT Market in Terms of Sales Volume The NFT collection Solana Monkey has a sales volume of up to $4,357,059 at the moment. The respective figure indicates a jump of up to…

The Cardano Plutus team finalized guardrail scripts for Conway governance actions and optimized the PlutusV3 cost model. The Mithril team focused on certifying Cardano transactions, scaling proof generation for the mainnet, and enhancing low-latency certification processes. Last week the Cardano Foundation released a report highlighting the key developments taking place with respect to its core technology as well as smart contracts. The ledger team made significant strides in conformance testing this week, completing tests for the CERT and RATIFY rules and advancing other tests. These efforts led to improvements in the constraint-generators framework. Additionally, the team addressed the stake pool…

Peter Brandt spotted a bearish tendency that we are seeing exclusively in this market. Digital gold has been gradually losing its value despite being in the uptrend, but the worst thing is the magnitude of the correction we are seeing right now. Renowned for his precise forecasting and profound understanding of the market, Brandt noted that the current correction in Bitcoin should worry investors. The 200 exponential moving average, which has historically served as a reliable support line, has been broken by the cryptocurrency, which has lost a substantial amount of ground. This breach raises the possibility that a more…

Erik Voorhees, founder of Shapeshift, has warned about the U.S. national debt’s catastrophic trajectory. He foresees a bond market collapse and ruination, calling it the most catastrophic event of our lifetimes. Voorhees advocates for bitcoin as a safeguard against this financial apocalypse, urging former President Donald Trump and his VP pick, Senator J.D. Vance, to create a permissive environment for crypto, ultimately helping to endure the impending financial collapse. ‘The Most Catastrophic and Consequential Event of Our Lifetimes’ Erik Voorhees, a notable figure in the cryptocurrency industry and founder of the crypto platform Shapeshift, expressed his concerns on social media…