Author: NBTC

Bitcoin is currently having its worst time in many months. Selling pressure have pushed the bulls off completely. Technical indicators point to a market under the control of bears. However, the derivatives market suggests that the bulls might not be dead after all. Source: Coinglass The bulls are still here Derivatives data from Coinglass shows bullishness in market sentiment and activity. Over the past 24 hours, trading volume has surged by 46.20%, reaching $87.90 billion. Clearly, traders have heightened their activity. However, the open interest has decreased by 6.66%, now standing at $29.61 billion. This reduction typically means that traders…

Today, Vitalik BUTERIN unlocked and received 845,205 STRK as part of the Ethereum L2 Starknet Locked Token Grant contract worth approximately $1.07 million. This deal marks a notable milestone for Starknet, highlighting Buterin’s involvement not only as a co-founder of Ethereum, but also as an early and committed investor in Starknet. His early investment and recent token unlock demonstrate his confidence in Starknet’s ability to improve Ethereum’s scalability and efficiency. The release of these tokens to Buterin reflects a broader strategy aimed at incentivizing key participants and thought leaders in the blockchain community to support and promote Starknet’s technological framework…

You might have heard about SRC-20 tokens (often referred to as SRC 20 or SRC20 tokens) , a new digital asset on the Bitcoin blockchain. Essentially, SRC-20 enables the direct embedding of data within Bitcoin transactions. This ensures immutability and permanence. But what exactly do SRC-20 tokens offer, and how do they fit into the broader Bitcoin ecosystem? They’re relevant for supporting various image formats and they contribute to the digital collectibles market. Let’s just say, SRC-20 tokens are gaining popularity, and this article will explore why. Key highlights: SRC-20 tokens are a new digital asset on the Bitcoin blockchain,…

The massive selling pressure on Bitcoin continues, with the BTC price falling another 7.5% in the last 24 hours, dropping its price below $54,000. The latest selling pressure was Mt. The official statement came from Mt.Gox as Gox wallets became active again and started moving Bitcoins. At this point, Mt.Gox officially announced that it had started refunds. “Notice Regarding Refunds in Bitcoin and Bitcoin Cash: On July 5, 2024, the Rehabilitation Board repaid certain rehabilitation creditors in Bitcoin and Bitcoin Cash through vehicles such as Designated Cryptocurrency Exchanges pursuant to the Rehabilitation Plan. Repayments to other rehabilitation creditors will be…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto is becoming a lot more popular, which means all derivatives that come with the web3 industry are also growing in popularity. While there is more news, regulation, government acceptance, and users now taking part in the decentralized finance sector, there is also an increasing number of people who feel intimidated by the complex nature of trading or using defi tools, which leaves them left out. This is a natural friction the industry would have as it…

Kabosu, the Shiba Inu who inspired the “Doge” meme and Dogecoin, passed away peacefully on May 24 at 18 years old. Her owner, Atsuko Sato, announced the news on her blog, expressing gratitude for the love and support she received over the years. A farewell party for Kabosu, also known as “Kabo-chan,” will be held on May 26 at Flower Kaori in Narita City. Kabosu first garnered attention in 2010 when Sato posted photos of her on her blog. One particular image, showing Kabosu with a skeptical and curious expression, quickly went viral. This image became the “Doge” meme, often…

A recent post by LookOnChain has shown that ZetaChain has the potential to cut gas fees by up to 83.7% compared to LayerZero. The experiment included bridging assets from Ethereum to Binance Smart Chain. Which is Cheaper for Bridging Assets from #Ethereum to #BSC: Using #LayerZero or #Zetachain?We were pleasantly surprised to find that using #ZetaChain to bridge $USDC from #Ethereum to #BSC costs 83.7% less gas than using #LayerZero!Using #LayerZero to bridge 10 $USDC from… pic.twitter.com/qKWh3z06FQ — Lookonchain (@lookonchain) July 22, 2024 Moving assets between Ethereum and Binance Smart Chain (BSC) is a key concern for developers and users.…

Top7ICO’s latest report highlights the current state of Total Value Locked (TVL) across the top 10 blockchains, providing a snapshot of where investors are allocating their capital in the DeFi sector. The DeFi sector has become a significant aspect of the blockchain ecosystem, showcasing the massive shift towards decentralized financial services. According to data from DefiLlama, the combined TVL across all platforms now stands at approximately $88 billion. This figure represents a vibrant and growing market, with multiple blockchains vying for a larger share of the pie. Ethereum remains the undisputed leader with a TVL of $60.7 billion, reflecting its…

In the wake of Kabosu’s passing, the beloved Shiba Inu that inspired the iconic Dogecoin meme, Timothy Stebbing, a developer with the Dogecoin Foundation, has issued an alert to the Dogecoin community. Stebbing indicated that scammers are seeking to capitalize on the emotional moment by creating fake Dogecoin accounts and launching fraudulent schemes to deceive unsuspecting investors and fans. Please report @dogelcoin who are trying to capitalize on Kabosu’s death with their fake @dogecoin account😠 pic.twitter.com/xbGNIUbpOi — Timothy Stebbing (@tjstebbing) May 24, 2024 Kabosu, the dog behind the “doge” meme, has died after 14 years of internet stardom, according to…

Eesee (a popular digital asset marketplace and launchpad) has recently announced an exclusive partnership. As per the platform, it is joining forces with Kaisar Network, a well-known GPU-as-a-service protocol that facilitates the end-users and GPU providers. The platform took to its official social media account to provide insights into this endeavor. We’re thrilled to announce our new partner- @KaisarNetwork! 🎉Kaisar Network is a GPU-as-a-service protocol incentivizing both GPU providers and end-users, specifically designed and optimized for decentralized computing and AI 🔹 It aggregates new and idle GPUs from… pic.twitter.com/fsk2a5B0mI — eesee.io (@eesee_io) July 22, 2024 Eesee and Kaisar Network Join…