Author: NBTC

The month of June was a tumultuous one for the Bitcoin price as it brought quite a lot of volatility. Unfortunately, the price action was resolved to the downside, and the bears managed to push it down by 7.12%. Will July be different? Bitcoin Price Bullish in July With June behind our backs, it’s worth noting that Bitcoin went on a complete rollercoaster during the past 30 days, soaring to as much as $72,000 and dropping to a low of slightly more than $58,000. That said, the sellers were ultimately victorious, pushing the price down by about 7% in total.…

This week in prediction markets: Polymarket whales favor Trump, despite Harris’ gains. Mainland China will probably not unban Bitcoin in 2024. Coinbase volume will likely half in Q2. In the week since President Joe Biden stepped down as the Democratic party candidate, his running mate Kamala Harris has effectively doubled the chances of a Democrat taking the White House, moving the odds to 38% from 18%. Harris’ gains in the Polymarket polls appear to be from small, individual bets entering the market. Trump’s bettors, however, seem to have more conviction: the top five holders of the ‘Yes’ side of Trump’s…

Since its launch, the BitTorrent Chain has become the key infrastructure to connect the entire BitTorrent ecosystem. Let’s dive into its features and performance. Key Takeaways BitTorrent Chain is the core infrastructure for incentivizing multiple BitTorrent products, such as the original BitTorrent torrent tracker, BTFS file storage system, and DLive streaming platform. BTTC is a cross-chain multi-layer protocol that enables seamless asset interoperability between Ethereum, TRON, and BNB Chain, rather than a classic chain. The $BTT token is used not only for gas fees but also for faster file distribution in BitTorrent, rewarding validators, paying for BTFS storage, purchasing BitTorrent…

The Shiba Inu Play-to-Earn (P2E) game Shiba Eternity has launched in closed beta, according to the community’s marketing expert, Lucie. In a post shared on X with community members, Lucie urged enthusiasts of the game to get ready to play. Exclusive access for LEASH holders Shiba Eternity, introduced in 2022, has undergone different, and based on feedback from players, it has improved remarkably as the team has worked to make it better. The card game allows users to earn TREAT tokens to play the game, with each transaction burning some SHIB. According to Lucie’s update, following this launch in closed…

Cryptonica has reached a significant milestone by successfully handling 10 million transactions every week. Cryptonica has a network of 6,000 ATMs spanning 22 countries, making it easier to access digital assets. Transactions from these ATMs show that 62% involve Bitcoin (BTC), 23% involve Ethereum (ETH), 7% involve Dogecoin (DOGE), and 8% involve other altcoins. The average transaction value is $133, suggesting a diverse user base that includes retailers and small to medium-sized businesses. You might also like: https://crypto.news/crypto-atms-fraud-and-scams-on-the-rise-in-the-us-report/ What are crypto ATMs? Crypto ATMs, also known as Bitcoin ATMs or BTMs, are physical kiosks that enable users to buy and…

The goal of the strategic relationship between INTMAX Stateless Ethereum Layer 2 and Plat’Home Co., Ltd., a trailblazing enterprise in the Linux and Internet of Things (IoT) space, is to commercialize a general-purpose token protocol for Real World Assets (RWA), which includes the “Internet of Things.” In order to tokenize Real World Assets (RWA), such as the Internet of Things (IoT), a new blockchain application field that is quickly gaining traction in society, INTMAX and Plat’Home have partnered. This alliance combines the “ThingsToken TM” technology from Plat’Home, which tokenizes a variety of physical assets (RWA), with “Plasma Free,” a new…

Over this past weekend, Bitcoin (BTC) experienced a significant rally, pushing its price above $63,000—an increase of 5.6% since hitting a low below $60,000 on Friday. This unexpected surge occurred despite a lack of major news triggers, leading to speculations and analyses concerning the underlying causes. Here’s a deep dive into three key factors that might explain this weekend’s price action. #1 Mysterious Bitcoin Whale Activity According to DeFi^2 (@DefiSquared), the number one ranked trader on Bybit and a leading wallet on DeBank, a mysterious “whale” has been active in the Binance perpetual futures market. DeFi^2 noted significant buying activity…

Fairshake PAC has raised more funds than any other Super PAC for the 2024 cycle, according to Federal Election Commission data compiled by OpenSecrets. The Fairshake PAC has raised nearly $203 million, edging out the Make America Great Again Inc. Super-PAC, which has raised approximately $201 million. The Super PAC has so far spent approximately $14.5 million, with the vast majority — around $10 million — spent against Katie Porter when she was running for Senate. This group has received broad support from the crypto industry, led by Coinbase, which has committed over $45 million to the organization, with an…

The Shiba Inu community is intensifying efforts to have Binance burning SHIB tokens using a portion of the token’s trading fees. Popular community member Labib recently launched a petition on Change.org asking the world’s largest crypto exchange to implement a daily burn of 1% of all Shiba Inu trading fees on its platform. According to Labib, this move is necessary for the long-term success and sustainability of Shiba Inu. The community member highlighted that this proposal would help reduce the massive amount of SHIB in circulation, potentially increasing scarcity and increasing the price of the token. Labib said that while…

Is WazirX prioritizing its own survival over user security with the “socialized loss strategy,” and how does this impact the Indian crypto community? Table of Contents Pick your poison, but you can’t cash out WazirX’s recovery plan faces fierce backlash Take the taxes and stay quiet On July 18, WazirX, India’s largest crypto exchange, faced a severe cyber attack. Hackers targeted one of their multisig wallets and made off with over $230 million worth of digital assets. The attack saw the direct theft of 15,298 Ethereum (ETH), with the exploiter then swapping various tokens like Shiba Inu (SHIB), Polygon (MATIC),…