Author: NBTC

While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from the Bitcoin blockchain. Bitcoin’s Dominant Influence on NFT Sales Continues Bitcoin continues to advance in the realm of NFTs, having outperformed 24 unique blockchain networks over the past 30 days, including Ethereum. According to data from cryptoslam.io, Bitcoin-based NFTs have amassed $3.43 billion in total…

Ethereum has been in a period of wild fluctuations as its value has been struggling to recover, and it has now fallen below $3,100. A few days ago, ETH dropped to $3,074 and is currently making its last effort to get back on track after bouncing similarly to Bitcoin. The cryptocurrency value fluctuated, surpassing the $3,125 resistance point in favor. It jumped out of the 23.6% Fibonacci retracement level reached when the price dropped from the peak of $3,292 to $3,074. Nevertheless, despite the breakout success above $3000, it needs help to advance as it approaches the resistance point. This…

Large Shiba Inu whales have moved nearly a trillion SHIB tokens in three transactions to a prominent trading platform as the crypto asset records a 9% drop in 24 hours. In a recent post on X, market tracker Whale Alert called attention to one of the significant Shiba Inu transactions. The report disclosed that 461,631,206,896 (461.61 billion) Shiba Inu left the well-known market maker Wintermute on April 1, 07:54 UTC. The Shiba Inu tokens involved are currently worth $13.18 million. 🚨 461,631,206,896 #SHIB (13,175,185 USD) transferred from #Wintermute to unknown wallethttps://t.co/pFyvok2fOT — Whale Alert (@whale_alert) April 1, 2024 Meanwhile, further…

The collaboration between KYVENetwork and Cronos represents a critical milestone in advancing blockchain technology. Through this partnership, users will now be able to access Cronos blockchain data effortlessly, which is beneficial to both node operators and developers. Furthermore, this partnership engenders an innovative approach to overseeing historical data via the blockchain, thereby guaranteeing its decentralized accessibility and facilitating seamless integration into a wide array of software applications. The partnership announcement was made through social media account X, proving that KYVE can preserve and authenticate all of Cronos’ previous data. This significant achievement provides a comprehensive and accessible dataset, which aids…

Trader Gert van Lagen has ignited conversations among traders with his analysis, suggesting that Bitcoin (BTC) reaching $200,000 is not only possible but could be on the horizon sooner than most anticipate. As we dissect the Bitcoin chart provided, the previous patterns of Bitcoin’s performance post-all-time-high (ATH) indicate a startling trend: The price has a history of doubling within periods ranging from as short as 10 days to as long as 84 days. The current Bitcoin market trajectory on the chart showcases a strong bullish pattern, with the cryptocurrency emerging from a consolidation phase known as the “struggle” period. This…

Franklin Templeton’s proposed spot Ethereum ETF has appeared on the Depository Trust and Clearing Corporation’s (DTCC) new securities list with the ticker EZET. This development occurred just a day following reports of the SEC’s probable rejection of spot Ethereum ETF applications. The DTCC listing represents a preliminary step in the trading process, yet it does not ensure that the SEC will approve the Ether Spot ETF. The SEC’s decision on the fund remains pending. Franklin Templeton’s Ethereum spot ETF is now listed on DTCC – Source: DTCC Franklin Templeton filed for spot Ethereum ETF in February, joining other industry giants…

A new incubation initiative will provide early-stage start-ups on SUI with comprehensive funding, expertise, marketing and community building support. NAVI Protocol introduces 10 million NAVI tokens ecosystem fund NAVI Protocol has announced the launch of the NAVI X Ecosystem Fund, a massive community-centric initiative. The team is committing 10 million NAVX tokens to foster the growth and innovation of the SUI blockchain’s DeFi and Move-based ecosystem. The NAVX Utility Megathread 📜Our team actively pursues partnerships within the Sui ecosystem that provide NAVI Protocol and the #NAVX token with increased use cases and utility.This thread will guide you through the benefits…

Main Takeaways Binance hosted its inaugural online Law Enforcement Training Day on April 19, 2024, an initiative aimed at providing advanced cryptocurrency education to the international law enforcement community. The event featured 11 speakers from both the private sector and law enforcement, focusing on practical aspects of cryptocurrency investigations. With over 1,300 law enforcement representatives in attendance, the event demonstrated the growing interest for such topics and underscored the necessity for cooperation between the public and private sectors for detecting and preventing crypto crime. On Friday, April 19, 2024, the eve of Bitcoin’s fourth halving, Binance hosted its inaugural online…

The Solana-powered Neon EVM and Web3 data lake and query engine Subsquid have announced an upcoming collaboration that will make it simpler for dApp developers to access the on-chain data of Neon EVM. The collaboration is the first phase of Subsquid’s much anticipated Solana blockchain expansion. Subsquid is a cutting-edge query engine and decentralized data lake designed with scalability and usefulness in mind. A safe substitute for centralized infrastructure companies such as API providers is offered by Subsquid. Its partners include Manta Network, Parity, and Enjin. It provides blockchain indexing, app development, and analytics. With Neon EVM’s assistance, the network…

The recent bullish momentum in Bitcoin has garnered significant attention from cryptocurrency analysts and traders alike, with renowned figures such as Tuur Demeester and Peter Brandt weighing in on the market’s trajectory. Demeester, a respected Bitcoin analyst, has ignited optimism with his recent post indicating a potential surge in Bitcoin’s value. According to Demeester, Bitcoin appears to be primed for an “epic bull market,” drawing parallels to aggressive cycles observed in 2012 and 2015. Notably, he highlights the minimal price drawdowns currently witnessed in the market, suggesting a scenario where dips are swiftly absorbed by eager buyers. This sentiment is…