Author: NBTC

Bitcoin (BTC) currently trades within an ascending channel. The rally in the past few days has pushed the leading coin’s price toward the upper line of this channel. If the coin successfully crosses above this line, it will have breached a key resistance level of $72,690. Bitcoin “Big Boys” Weigh In Bitcoin’s recent rally above $70,000 is partly due to the uptick in the coin’s whale activity over the past few weeks. On-chain data reveals a significant increase in the number of large daily transactions over the past 30 days. BTC transactions valued between $100,000 and $1 million have surged…

Blockchain.com, the leading crypto finance company, has formed a new partnership with Unstoppable Domains to launch its new Web3 domain: “.blockchain”. This domain will be enabled for DNS through a request to the Internet Corporation for Assigned Names and Numbers (ICANN). Blockchain.com: the crypto company and its new Web3 domain enabled for DNS Blockchain.com: the crypto company partners with Unstoppable Domains for the Web3 domain Unstoppable Domains and Women in Tech sponsored by President Macron Blockchain.com: the crypto company and its new Web3 domain enabled for DNS Blockchain.com collaborates with Unstoppable Domains to launch its new DNS-enabled Web3 domain: “.blockchain”.…

Over the last four years, President Joe Biden has demonstrated a clear reluctance to support the Bitcoin and cryptocurrency industry, as recently evidenced by his veto of significant legislation and the broader stance of his administration. On May 31, Biden vetoed a pivotal bill that would have allowed highly trusted financial institutions to custody Bitcoin and other cryptocurrencies. BREAKING: 🇺🇸 President Biden vetoes bill that would allow highly regulated financial firms to custody #Bitcoin and crypto. pic.twitter.com/TMHavdWRx7 — Bitcoin Magazine (@BitcoinMagazine) May 31, 2024 The legislation in question had garnered bipartisan support in both the House and Senate. It aimed…

This week saw a positive turn for the non-fungible token (NFT) market, with sales climbing more than 17% after a period of decline. The total sales reached $145.3 million, involving nearly 230,000 active buyers and sellers. Blockchains by NFT sales volume The Bitcoin (BTC) network led the charge in NFT sales among blockchains, It hit $47.74 million — a notable rise of 50.33% from last week. The network also registered more than $39,000 in wash trading — 15.39% higher than last week’s numbers. Despite the improved sales volume, the Bitcoin NFT space registered a nearly 96% drop in the number…

Here’s an extremely specific problem: Say you take a photo of your pet and put it online. Then, let’s say that photo becomes a viral meme. Eventually, that meme inspires a crypto token that rapidly generates hundreds of millions (if not billions) of dollars in value. Soon your pet is the hottest thing in crypto. Soon, she’s making anonymous traders you’ve never met into millionaires—but not you. Soon, depictions of your pet—both cute and less savory—are flowing in insular Discord and Telegram chats the world over. Let’s say you want that all to stop. What then? Ever since there have…

The Layer 2 Ethereum network, Base, incubated by Coinbase, has seen noteworthy growth in total value locked (TVL), hitting $1.7 billion. According to DeFiLlama, this represents a 20% increase since early May. This surge has propelled Base past OP Mainnet (OP) in TVL, making it the largest network within the Superchain ecosystem, which includes various Layer 2 rollups developed using the OP Stack software package. Contents hide 1 What Drives Base Network’s Success? 2 How Do Optimistic Rollups Compare to zkRollups? 3 Key Takeaways What Drives Base Network’s Success? Opening to the public in early August 2023, Base swiftly rose…

Henrik Zeberg has brought attention to a crucial viewpoint that has the potential to have a big impact on Bitcoin. Zeberg suggests that instead of concentrating only on the Federal Reserve’s interest rate decisions, we should consider the departure of market yields. Historically, the Fed has followed market yields rather than set them. Super Bearish RSI structure: Significantly more bearish than it was prior to the financial crisis, the Relative Strength Index (RSI) is currently displaying a severe lack of optimism on the market. This may cause major changes in investment and financial strategy. Soaring two-year yields: Zeberg believes that…

Emi Yoshikawa, Ripple’s VP of Corporate Strategy and Operations, recently took to the X social media to comment on a recent XRPL-related initiative by Japanese giant SBI Holdings, describing it as a “huge” deal. SBI intends to use the XRP Ledger in order to issue visitor non-fungible tokens (NFTs) for Expo 2025, an upcoming World Expo that is going to be held in Osaka, Japan. It will be possible to get NFTs of MYAKU-MYAKU, the official character of the EXPO, by visiting the Explo and completing various missions. Visitors can also get additional NFTs if they use the Expo mobile…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re debuting This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few…

The Web3 Foundation, the organization behind Polkadot, has awarded a Decentralized Futures (DF) grant to Accelerate Polkadot, which aims to boost developer productivity within the Polkadot ecosystem. The firm stated: “This groundbreaking initiative is dedicated to providing developers with the tools and knowledge they need to succeed in the Polkadot ecosystem through comprehensive, goal-oriented guides.” This funding comes shortly after a similar grant was awarded to PolkaPort East to promote Polkadot’s Asian ecosystem growth. Accelerate Polkadot Accelerate Polkadot is a strategic initiative designed to lower entry barriers for developers on the Polkadot platform. This program offers detailed, code-centric guides demonstrating…