Author: NBTC

Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase derived from a rise in onchain fees. However, by the following day, bitcoin fees had substantially decreased, causing the hashprice to return to its previous levels. Bitcoin Miners See Hashprice Surge to $95, Followed by Sharp Decline Bitcoin miners experienced a brief period of significantly higher values for the computational power they contribute to the Bitcoin network. The hashprice, indicating the daily expected value of 1…

Coinbase, one of the largest cryptocurrency exchanges globally, has witnessed significant Bitcoin (BTC) outflows totaling nearly $500 million over the past 48 hours. This development comes from the spot Bitcoin exchange-traded funds (ETFs) experiencing a surge in activity and dominance, particularly on the United States market. According to data from CryptoQuant, recent movements of BTC on Coinbase are notable in volume and timing. On June 4, around 3:00 a.m., Coinbase saw a net outflow of 3,067 BTC, and just 14 hours later, at 5:00 p.m., another 3,734 BTC flowed out of the exchange. These outflows, combined, equate to approximately $500…

David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. Trump Reportedly to Participate in Presidential Roundtable on Bitcoin Mining Bitcoin is becoming an active part of the U.S. campaign of all candidates in the presidential dispute. David Bailey, CEO of Bitcoin Magazine and cryptocurrency aide of the Trump campaign, recently announced that Trump would…

If you have some SHIB tokens sitting idle in your wallet, you can stake them to earn some extra rewards. In this article, we’ll show you how to stake Shiba Inu and highlight the different platforms you can use to stake SHIB tokens. Before we continue, it’s important to understand that staking SHIB is not the same as staking the native coins of Proof-of-Stake blockchains (for example ETH on Ethereum). SHIB is a token issued on the Ethereum network, and doesn’t play a role in the network’s consensus process. The term “Shiba Inu staking” is a catch-all term referring to…

While bullish and $100,000 calls for Bitcoin continue to increase, a new prediction came from the giant bank Standard Chartered. Accordingly, Standard Chartered, which expects $ 150,000 in Bitcoin, announced that it expects BTC to reach $ 100,000 before the US presidential elections this year. Speaking to The Block, Geoffrey Kendrick, head of digital assets research at Standard Chartered, said that if Friday’s US Nonfarm Payrolls data comes back positive, the Bitcoin price could reach an all-time high over the weekend. “As the US approaches the presidential election in November, I expect Bitcoin to reach $100,000 before the election and…

Today, Value DEX announced on X (formerly known as Twitter) that HashKing is now part of their platform. HashKing is a decentralized staking protocol focused on Ethereum (ETH) and Filecoin (FIL). It helps users discover the best staking strategies through its transparent, trusted, and secure services. 🟦 WELCOME ONBOARD !!!@HashKingGlobal is a decentralized digital asset staking protocol that offers transparent, trusted and secure staking services.Together, we’re shaping the future of these industries.🟦 More Partnerships TBA pic.twitter.com/AGWqzZU6OA — Value DEX – Valu.so (@valu_so) June 9, 2024 Value DEX Expands with HashKing’s Advanced Staking Features HashKing Aggregator is a smart contract to…

The TON network’s total value locked crossed the $148 million mark. TON’s $148 million mark became a new all-time high. According to DefiLlama, the figure increased almost threefold in a month and more than tenfold in a year. At the time of writing, TON’s TVL is $146.4 million. Source: DefiLlama Among TON-based projects, the leaders in TVL are the Tonstakers liquid staking protocol and the STON.fi decentralized exchange. At the time of writing, the total value of the assets blocked in them is $200 million and $83.4 million, respectively. Along with the network’s TVL, the price of the Toncoin (TON)…

Telegram launched a new payment system for digital goods and services on the social media platform. Dubbed ‘Telegram Stars,’ the system allows people to pay for digital products like e-books and online courses via in-app purchases on Apple and Android. Telegram CEO Durov said that Telegram Stars offers users “a way to pay for digital services in mini-apps.” App developers can withdraw stars earned by their bots in TON, the native token of The Open Network, through the crypto exchange Fragment. They can also use stars to promote their apps on Telegram. Telegram CEO: ‘Stars’ is Apple, Google-compliant Telegram uses…

The price of Bitcoin (BTC) has fallen to $66,680, but remains above its 21-day moving average. The largest cryptocurrency was on the verge of a recovery or a collapse. Long-term forecast for the Bitcoin price: bullish Bitcoin rose sharply on June 3, reaching the psychological price level of $70,000. Prior to this, the Bitcoin price moved in a range of $66,400 to $70,000. On May 31, the bears pushed Bitcoin to a low of $66,800 and attempted to break the 21-day SMA support. Bitcoin recovered and reached its previous high of $71,071. The cryptocurrency is currently worth $70,378. On the…

Velodrome, a prominent liquidity and trading forum, has recently announced the expansion of its Superchain. As per the company, this time it has expanded the project to Lisk (an Ethereum layer 2) that operates under Optimism Superchain. The respective project will operate as the 3rd Superchain layer 2 containing Velodrome deployment. The project potentially solidifies the company’s role as the liquidity hub regarding Superchain. Velodrome’s Superchain expansion continues to @LiskHQ.This will be the third Superchain L2 with a Velodrome deployment, solidifying our role as the Superchain’s liquidity hub. 🌍Read more about this exciting partnership and the synergy expected below. 👇…