Author: NBTC

Leading Ethereum wallet MetaMask now offers the ability to launch games directly from its MetaMask Portfolio interface via a new integration with crypto gaming store HyperPlay. The team-up puts a dedicated games directory within MetaMask Portfolio, a decentralized app (dapp) that lets you manage the assets in your wallet and interact with other apps. That makes it easy for users to access and play MetaMask-compatible blockchain games that are available via HyperPlay. This latest development builds on HyperPlay’s previous integrations with MetaMask, including a wallet overlay and support for non-Ethereum blockchains like Solana and Sui through MetaMask Snaps—a feature that…

Gold bug and economist Peter Schiff has poured cold water on Bitcoin’s price jump, issuing a comment on X in this vein. Bitcoin (BTC), the largest cryptocurrency by market cap, surpassed $72,000 for the first time since mid-March as its halving event approached. The halving event, which reduces BTC mining rewards from 6.25 BTC to 3.125 BTC, is slated for April 20. It looks like #Bitcoin got pump up overnight following the #gold rally to new record highs, to sucker ETF investors into buying the gap up. Get ready for the dump. — Peter Schiff (@PeterSchiff) April 8, 2024 As…

In an unexpected move, 7,000 Ethereum (ETH) was recently transferred to popular trading platform Robinhood. This large transaction has caught the attention of the cryptocurrency community. The transfer, reported by the crypto data tracker Whale Alert, involved the amount of 7,000 ETH valued at approximately $26.6 million. Whale Alert reported, “7,000 ETH worth $26,665,571 was transferred from unknown wallet to Robinhood.” 🚨 🚨 7,000 #ETH (26,665,571 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/qMu28UDDBJ — Whale Alert (@whale_alert) June 5, 2024 The identity of the wallet holder and the motive behind this large transfer remain unknown, triggering curiosity. The timing of…

Keith Gill, known for the GameStop short squeeze of 2021, posted his GME options positions on Reddit, sparking a speculative frenzy in meme tokens and related equities. Gill’s social media activity has significantly influenced markets, with recent posts leading to rallies in various assets, including cat-themed meme tokens and shares of the videogames retailer. Speculative frenzy drove prices of some meme tokens and Gamestop (GME) shares higher Monday after influential retail trader Keith Gill, known for the GME short squeeze of 2021, posted on his Reddit account for the first time in three years. Gill, via his “DeepFu*kingValue” alias, posted…

VeChain’s April surge highlights milestones in sustainability and blockchain innovation. Over 3 million wallet holders mark VeChain’s widespread adoption. VeChain integrates sustainability with community engagement, driving real-world impact. VeChain, the renowned blockchain platform, witnessed a remarkable surge in its activity this month of April. The output from the project underscores its prominence as one of the leading projects in the industry. 🚀 April ignites with explosive growth for #VeChain! 🌟🔹 Over 3M $VET wallet holders mark a new record, showcasing massive adoption! 🔹 The #Vorj no-code platform sees major enhancements alongside an upgraded VeChain SDK, fueling token innovation. 🔹 Thrilling…

India’s election results are underwhelming for Prime Minister Narendra Modi’s ruling party. If Modi is able to persuade his allies to stay, the government will continue, albeit with less power. Crypto was at best a negligible issue for voters and certainly not a political talking point during campaigning in the world’s largest democracy. India’s voters sprung an election surprise on Prime Minister Narendra Modi’s party, awarding it a smaller share than forecast in preliminary results, sending stock markets crashing and likely pushing crypto legislation further into the future. While Modi’s Bharatiya Janata Party (BJP) and its allies are poised to…

According to Glassnode, a leading provider of on-chain and financial metrics, the Realized Cap metric offers a fundamental way to monitor the total USD liquidity held within the Bitcoin asset class. Currently, the Realized Cap has surged to a new all-time high (ATH) value of $540 billion. It marks a significant milestone in the cryptocurrency market. We can employ the fundamental Realized Cap metric to track the cumulative USD liquidity ‘stored’ within the #Bitcoin asset class. Currently, the Realized Cap resides at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month. pic.twitter.com/rw2ridVjHh —…

Clearpool, a decentralized credit marketplace, has released the results of its latest Oracle voting round, which concluded on May 31, 2024, and the outcomes were implemented as of June 3, 2024. This round saw the participation of 12 Oracles, voting on three critical parameters that will define Clearpool’s interest rate curve for AA-rated borrowers. These parameters include Y0 (interest rate at 0% utilization), Ym (interest rate at Xm, the optimal utilization rate), and Y1 (interest rate at 100% utilization). The Oracles whose votes fell within the selected range were deemed successful and included in the weighted average calculation, while those…

XRP recently spiked by as much as 6% amid the market rebound, with the number of addresses holding at least 1 million tokens inching closer to a record high. The broader market resurgence has provided a platform on which several assets can stage a comeback. XRP is one such asset, having recently recovered from the drop to $0.4235. XRP’s move toward recouping the recent losses saw it rally to a high of $0.5303 on April 20, the day of the Bitcoin halving, before facing consolidation. XRP’s Recent Price Movements However, following a 0.91% drop the following day, XRP engineered a…

Bankrupt cryptocurrency exchange FTX might be able to settle a $24 million claim from the U.S. Internal Revenue Service (IRS) for $200 million. This settlement is still pending court approval, but would resolve one of the thornier disputes and bigger claims amounting to billions of dollars. FTX, once a prominent player in the cryptocurrency market, filed for Chapter 11 bankruptcy in November 2022 following a dramatic collapse. The company faced a liquidity crisis triggered by a surge in customer withdrawals and revelations of financial mismanagement. At its peak, FTX was the third-largest cryptocurrency exchange globally, but the fallout exposed a…