Author: NBTC

Sony Bank, a subsidiary of Sony Financial Holdings (NASDAQ: SONY), has launched a mobile application for customers to collect, store, and trade non-fungible tokens (NFTs) in a renewed push into Web3. Dubbed the CONNECT app, Sony Bank says the new offering is a step toward digitization as it seeks to put significant distance between itself and other service providers in Japan. The app, launched at the tail end of July, boasts a string of functionalities for users, with Sony Bank hinting at future upgrades. Users of the CONNECT app can purchase collectibles through Sony’s NFT marketplace, SNFT, and store them…

Ethereum price started a recovery wave from the $1,910 zone. ETH is up over 10% and is now consolidating near the $2,500 zone. Ethereum started a recovery wave above the $2,250 and $2,400 levels. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to clear the $2,680 resistance zone. Ethereum Price Rebound 10% Ethereum price gained bearish momentum below the $2,500 support. ETH dragged Bitcoin lower and traded below…

Elon Musk, the owner of the popular social media platform X, has published a new post that triggered a reaction from many X users, including the global cryptocurrency community, and the XRP and SHIB armies in particular. Elon Musk triggers XRP army Musk published a short video with the X logo earlier today, perhaps to remind the community of the importance of his $44 purchase of Twitter to defend free speech, as he keeps pointing out. Crypto users were the first to respond to that, and a major XRP fan @XRPcryptowolf, once again pointed out that the logo of the…

BTC’s dominance rate slid as Mt. Gox news weighs over BTC. Short-duration options show renewed bias for puts or downside protection. Some observers say Mt. Gox concerns may be overblown. Bitcoin (BTC) is usually less volatile than alternative cryptocurrencies (altcoins), but Monday was different. The leading cryptocurrency took a bigger hit than smaller tokens, leading to a marked slide in its market dominance in a compelling portrayal of the apprehensions about the impact of impending payouts to victims of a 2014 Mt. Gox hack. BTC’s dominance, or share of total crypto market value, fell by 1.8% to 54.34%, the biggest…

Ethereum-based CryptoPunks reclaimed the daily non-fungible tokens (NFTs) sales chart on Tuesday with US$663,757 across 11 unique buyers engaging in transactions, according to CryptoSlam data. The collection’s average sale price stood at US$60,341, pushing its all-time sales volume to US$2.86 billion, third in the industry. The second-ranking collection for the day was NodeMonkes, which belongs to the Bitcoin blockchain, with a total daily sales volume of US$627,789. This collection saw 88 unique buyers and 97 transactions. NodeMonkes is the top Bitcoin-based collection in the all-time sales chart and 26th across all chains with US$254.7 million. It now sits less than…

Ethereum (ETH) price is still under heavy sell pressure after the weekend’s market crash, with major holders continuing to offload despite bulls attempting a recovery. According to X (formerly Twitter) user Lookonchain, a whale and asset manager Metalpha dumped nearly $73 million in ETH in the latter hours of trading on Aug. 5. Onchain data shows the two entities moved 29,557 ETH to a Binance deposit address in the past three hours. The news comes as over $1 billion in liquidations hit the crypto market over the past 24 hours, with ETH-related correlations representing 30% of the amount, as data…

Toncoin (TON) continuously grew its activities in all of Q2, on a mix of new users and an inflow of native Tether (USDT). Toncoin (TON) turned into one of the most widely used and accessible chains, carrying several trends with high daily activity. In the past quarter, Toncoin carried more than $9B in volumes, based on the creation of close to 600M native USDT. The USDT outstanding supply remained flat since June, at 579M tokens. July turned into a highly active month for Toncoin, based on mini-apps and especially Hamster Kombat and its competitors. Toncoin, the rebranded TON blockchain, is…

The crypto market experienced a drastic decline on Sunday, which continues today. Top 7 Ico reports that the global crypto market cap has dropped 13.5%. It now stands at about $1.85 trillion. Top Exchanges by Liquidations at Weekend – over $1.1B liquidated in total@Bitcoin $BTC fell 14.8% in the past 24 hours, while @ethereum $ETH tumbled 21.4%.The vast majority of the casualties were long positions in last 56 hours, with more than $1.14B liquidated in total.… pic.twitter.com/y9OfsUrGmR — TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) August 5, 2024 Over the last 24 hours, crypto-tracked futures registered over $1.14 billion worth of…

Discover SCENE Leading Bitcoin Ordinal projects have bounced back over the past 24 hours, after the global market experienced widespread sell-offs and recession fears at the start of the week. NodeMonkes, the largest Ordinals project by market cap, has increased its floor price by 34.2% over the past 24 hours to $7,600. Meanwhile, Bitcoin Puppets, the second largest project, has climbed 38% to a floor of $5,600. Bitcoin Ordinal Inscriptions are digital assets inscribed on a satoshi, the lowest denomination of a Bitcoin (BTC). Ordinals are often looked at as NFTs for Bitcoin. The protocol originally took the industry by…

Ether suffered notable declines today, dropping to its lowest value of the year, as the broader cryptocurrency markets, and risk assets in general, suffered widespread losses. The price of ether, the second-largest digital currency by market value, fell below $2,200 earlier today, CoinMarketCap data shows. Just two days prior, it was trading above $3,000, additional CoinMarketCap additional CoinMarketCap figures show. Tim Enneking, managing partner of Psalion, emphasized the severity of this drop, describing it as “breathtaking, especially by the standards of the past several years,” in emailed comments. Several other cryptocurrencies, including bitcoin and Solana’s SOL token, also experienced notable…