Author: NBTC

The Shiba Inu community is on high alert as a crucial warning has been reiterated by Shiba Inu’s marketing lead, Lucie: The much-anticipated TREAT token has not been officially launched yet. This message comes amid a flurry of impostor activity, with numerous fake tokens attempting to capitalize on the hype surrounding the Shiba Inu ecosystem. #Shibarium Ecosystem reward token – $TREAT – @treatsforShib IS NOT LAUNCHED YET.There are many impostors targeting #SHIBARMY to cause confusion. Please follow the legitimate Twitter account to get the right information. — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) May 24, 2024 In recent times, the crypto world…

Crypto investor sentiment cratered to the most negative levels since the tail-end of the 2022 crypto winter as bitcoin’s (BTC) plunge below $54,000 pulled down digital asset markets. The widely-followed Crypto Fear & Greed Index, created by data source Alternative.me, shows market enthusiasm towards bitcoin and other large cryptocurrencies, with 0 being extreme fear and 100 translating to extreme greed. The gauge dropped to 29 on Friday, its deepest dive into the fear zone since early January 2023 when bitcoin was trading around $17,000 after 2022’s crushing bear market. Read more: Bitcoin Slumps Below $54K as Mt. Gox Moves $2.6B…

Chainlink creator Sergey Nazarov says that the traditional finance (TradFi) world will be connected to decentralized finance (DeFi) via LINK. Nazarov says on the social media platform X that TradFi is gearing up to take the next big step in its adoption of digital assets and smart contracts. “Accelerating the adoption of digital assets/smart contracts in TradFi is just the start. Once the world’s largest asset managers and banks are on-chain, the next step is connecting them to the DeFi protocols already powered by Chainlink. Once there is a single standard for how transactions work correctly across multiple chains as…

In 2023, Africa’s share of global blockchain venture deals rose marginally to 1.3%, but the continent’s total funding dropped from 1.6% to 1.3%. Only South America’s share of blockchain funding ranks below Africa’s share. The continent achieved an all-time high in blockchain venture funding deal share, accounting for 6.4% of all venture funding and 12.5% of total deals. Africa’s 2024 Blockchain Funding off to a Slow Start According to the CV VC report, Africa’s share of global blockchain venture deals (1,306) rose from 1.2% to 1.3% by the end of 2023. However, the continent’s share of total blockchain venture funding…

Dogecoin (DOGE) is yet to recover from the tribute Elon Musk paid to Kabosu, the dog that inspired the creation of the meme coin. Since Musk’s posts relating to DOGE are a major growth booster, the coin has seen a bump in some of its key metrics. At the time of writing, Dogecoin is changing hands for $0.167, up by 3.67% in the past 24 hours, growth coming at a time when Bitcoin’s price has entered consolidation mode, however, with a 2.67% surge to $69,218.58. The Dogecoin growth over the past week has not followed a uniform pattern. In this…

As the cryptocurrency market experiences volatility, Michael Saylor, Chairman of MicroStrategy, has made a stoic remark in response to Bitcoin’s recent price slump. In a tweet that has caught the attention of the crypto community, Saylor stated: “1 BTC to 1 BTC,” reiterating a fundamental belief in Bitcoin’s enduring value despite market fluctuations. 1 BTC = 1 BTC — Michael Saylor⚡️ (@saylor) July 5, 2024 Bitcoin has seen its price fall below the $56,000 mark, continuing a decline that has now extended into its fourth consecutive day. This decline is part of a larger trend that has seen Bitcoin plummet,…

Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Lido Leads Defi TVL as Sector Climbs 16.85% Since Early July The value locked in decentralized finance (defi) protocols has expanded recently, reaching $100.85 billion as of July 22. This marks a 16.85% rise since July 7, though it has yet to surpass the $109.66 billion recorded on…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Since its initial coin offering in 2017, the Tezos blockchain has become the art world’s favorite because of its energy efficiency and low cost. AI artists, including Refik Anadol, an internationally renowned media artist, director, and pioneer in data and machine intelligence aesthetics, use Tezos to execute peer-to-peer transactions and deploy smart contracts. The token is listed on crypto exchanges as Tezos (XTZ). You might also like: Expanding mobile services with device licensing and crypto | Opinion…

Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, and political pressure on the Federal Reserve, could undermine the US dollar’s dominance as a store of wealth. The analysts said in a research report shared on social media on July 19 that such an environment would be highly favorable for crypto-related stocks and gold miners. The phenomenon is already in play with crypto-stocks and the wider market rallying after Trump survived an assassination attempt. As Trump’s prospects in the 2024 presidential election rise, these…

Chainlink price broke above $17.70 on Friday May 24, to reach a 45-day peak as the whale investors on embarked on a LINK buying spree in reaction to Ethereum (ETH) spot ETF approval this week. Chainlink overtakes Bitcoin Cash after Ethereum ETF Approval Since the Ethereum ETF approval on May 23, crypto investors have been observed making conspicous moves to redirect capital towards ETH markets as well critical projects built on the Ethereum blockchain network. Chainlink is widely regarded as a market leader providing the critical off-chain price feeds and other vital information needed by complex smart contracts to become…