Author: NBTC

Shiba Inu daily transaction volume records a massive spike to 5.354 trillion SHIB, marking a 169% increase from the previous day’s figure. With the broader crypto market witnessing an extended range-bound movement, Shiba Inu bulls have not mustered enough strength to break above critical resistance levels. As a result, SHIB has failed to transform the $0.000025 territory from resistance to support, often slipping below it after a rebound. Shiba Inu Daily Transactions Spike to 5.354T Despite the market turbulence, interest in Shiba Inu has increased over time, evidenced in the occasional spikes in transaction volume. One such spike occurred yesterday,…

A jury has found U.S. Senator Robert Menendez (D-N.J.) guilty of all charges following accusations last year that he’d accepted massive bribes from wealthy New Jersey businessmen. The 16-count conviction on charges ranging from conspiracy to commit bribery to acting as a foreign agent has Bitcoin enthusiasts taking a victory lap given the politicians’ history of criticism around crypto-based financial crime, even though his own illicit deeds involved anything but digital assets. “This case has always been about shocking levels of corruption,” said U.S. Attorney Damian Williams in a press release shared by the Department of Justice. “Hundreds of thousands…

North Tonawanda will implement a two-year suspension on all crypto mining developments in the city to tackle noise pollution from data centers. This comes after the city’s Common Council unanimously agreed to the suspension on Tuesday following complaints from residents over noise from data centers. Also read: Britain’s new government sets sight on AI regulation According to proposals by the council, the city is expected to pause any new crypto mining plant or the expansion of any existing plants in the city. The goal for the city in the next two years will be updating the city’s zoning codes as…

Lumia, the zkEVM Layer 2 network, has launched its highly anticipated HyperNodes sale. This initiative allows the community to participate in decentralizing the Layer 2 network and support Lumia’s mission to transform onchain liquidity. HyperNodes are now available for purchase at node.lumia.org. Developed in partnership with Polygon and GatewayFM, Lumia takes advantage of its unique Data Availability Committee (DAC) nodes, known as HyperNodes, to achieve unparalleled scalability, security, and compliance. Notably, Sandeep Nailwal, Polygon’s founder, provided invaluable advice during the development of Lumia HyperNodes, shaping their innovative architecture. Sandeep Nailwal expressed his enthusiasm, stating, “It has been extremely interesting to…

Gods Unchained, a digital collectible card game, topped CryptoSlam’s non-fungible token (NFT) sales chart on Wednesday for the second consecutive day, though it recorded a drop from the previous day. Gods Unchained had over US$612,000 in sales on Wednesday, down from US$930,000 on Tuesday. The Immutable network, where Gods Unchained resides, recorded over US$806,000 in total sales on Wednesday, which was the fifth in the industry. Ethereum led all chains in NFT sales with US$4.37 billion. The second-ranking collection for the day was DMarket on the Mythos network. The collection, which represents in-game items, had US$539,193 in daily sales across…

While the potential return of former crypto skeptic Donald Trump to the White House has raised hopes of a new crypto-friendly era in Washington, it remains unclear exactly how the Republican party would approach crypto issues should it take control of the government, experts said. “How campaign promises get translated into action is always a little hard to predict,” Cato Institute Director of Financial Regulation Studies Jennifer Schulp told Decrypt. “But the Biden administration has really been so hostile in so many different ways that a Republican administration doesn’t have to do that much to look more crypto friendly.” Republicans…

Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted natural gas to power its operations, announced on Thursday morning a “multibillion-dollar” deal with Lancium to build a 200-megawatt data center for artificial intelligence (AI) in Texas. In the press release, Crusoe said the construction is just the “first phase” of its data center development which will expand to enable AI workloads “at scale across 1.2 GW of power capacity…

Stargate, an Omnichain liquidity transport protocol, announced its integration with Flare, the blockchain data network, as per the latest information shared with Finbold on July 18. The new integration, a part of the Stargate V2 initiative, connects Flare to over 25 chains, enabling seamless liquidity flow across multiple ecosystems. Connecting Flare with prominent chains Stargate V2 serves as a bridge between Flare and prominent chains such as Ethereum (ETH), Arbitrum, Optimism, and Base. Consequently, the partnership is set to increase Flare’s total value locked (TVL) and enhance liquidity by facilitating easier fund transfers between ecosystems. Hydra, a key feature of…

Bitcoin is slowly but surely standing up on its feet, with the price somewhat gaining stability at around the $56,000 price level. Unfortunately, the buying power is not there, and the market clearly needs another boost. The so-called “bullish megaphone” pattern might be the answer. An indication of potential for a significant surge in technical analysis is often shown by the bullish megaphone pattern. Known by another name, this pattern consists of two diverging trend lines, one sloping downhill and the other upward, giving the chart the appearance of a megaphone. Price movements are expanding between the two trend lines…

1inch, a leading player in the decentralized finance (DeFi) space, has made significant strides in this direction with the latest update to its Android wallet. This new version, dubbed 1.26, not only refines the user interface but also bolsters security measures to protect users from emerging threats in the crypto environment. Hey Android users, looking for something new and exciting in your crypto experience? This update is for you🫵The new #1inchWallet v1.26 brings a refreshed interface for smoother swaps and enhanced Scam Protection 🛡️Get the update ➡️ https://t.co/OdaVsyHGIg pic.twitter.com/RNL8JvpgXH — 1inch Wallet (@1inchWallet) July 17, 2024 Streamlined Swapping and Improved…