Author: NBTC

In an exciting development, the team behind the Shiba Inu ecosystem has highlighted how Binance empowers SHIB holders through its payments platform, dubbed Binance Pay. The team made this known in the 17th edition of Shib Magazine, released on March 20, 2024. Although the publication was issued recently, it is imperative to note that Binance Pay added support for Shiba Inu in November 2022. By utilizing Binance Pay, you can take advantage of contactless, borderless, and secure cryptocurrency payments, furthering the adoption of digital currencies in daily transactions. Learn everything you need to know about Binance Pay x Shib here…

In the latest developments on the cryptocurrency market, Bitcoin (BTC) has showcased significant resilience amid volatile market conditions. According to recent data shared by Ali Martinez, a well-known crypto analyst, there is a notable accumulation of Bitcoin, indicating strong investor confidence in the digital currency. The analyst highlighted that over one million addresses have purchased more than 671,000 BTC within the price range of $60,334 to $62,155. This substantial accumulation zone underscores the strong belief investors have in Bitcoin’s value and its future potential. The price range mentioned has acted as a massive support wall, suggesting that it could serve…

Liquid staking protocol StaFi will be deploying its Liquid Staking as a Service (LSAAS) testnet ahead of its rebrand and mainnet launch of StaFi 2.0. Liquid staking as a service refers to blockchain platforms that provide liquidity by minting a new token that represents an underlying staked asset. This new token can be used and traded in DeFi protocols for additional revenue or rewards. This initial StaFi 2.0 testnet will support liquid staking derivatives (LSDs) from Ethereum, EVM layer-2s and the Cosmos ecosystem. It will allow developers across these different networks to experiment with StaFi’s latest features and allow the…

Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,500 resistance zone. Ethereum Price Eyes Fresh Increase Ethereum price remained stable above the $3,250 support zone. ETH formed…

Whale Alert, a crypto transaction monitoring platform, has detected a substantial movement in the XRP market. Approximately 30 million XRP tokens, valued at around $19 million, were withdrawn from Upbit, South Korea’s leading cryptocurrency exchange, which boasts a turnover of $5.5 billion, as reported by CoinMarketCap. The withdrawal was directed to an undisclosed address labeled “r3ow”, known for its history of handling large XRP transactions. Presently, only 978,122 XRP tokens remain at this address, indicating a rapid dispersal to various destinations. Such significant withdrawals from exchanges often suggest strategic asset management, potentially reflecting a bullish sentiment among investors. Conversely, movements…

Founder of SkyBridge Capital Anthony Scaramucci has taken to the popular X social media platform (known as Twitter in the past) to share his excitement about the pace at which BlackRock’s spot Bitcoin ETF (iShares Bitcoin Trust [IBIT]) continues to acquire Bitcoin. This week, BlackRock’s Bitcoin-based exchange-traded fund crossed over the $10 billion line within the last seven days. Scaramucci reminded his followers that earlier this week, the crucial milestones of $7 billion, $8 billion and $9 billion were reached. $iBIT crosses over $10 billion in AUM (after crossing $7 billion, $8 billion and $9 billion on consecutive days…….all this…

X owner Elon Musk asked today why Ethereum co-founder Vitalik Buterin left X. Responding to Autism Capital’s post, which thinks Vitalik Buterin should return to the X platform, Musk said, “Why did Vitalik Buterin leave X?” asked. Vitalik Buterin has been active on Farcaster, a cryptocurrency-centered Twitter-like social media platform, for a long time. At this point, Buterin said in February, “Farcaster has gotten to the point where it’s pretty useful as a Twitter alternative for a lot of people. I think the channels actually make it *better* in a lot of ways.” he said. Stating that Ethereum founder Vitalik…

Fantom’s FTM token has rallied over 190% in four weeks. The network’s upcoming Sonic upgrade may have catalyzed the bull run. The upgrade’s testnet has demonstrated faster transaction processing speeds and finality times. Layer 1 blockchain Fantom’s native token FTM has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price has surged from 40 cents to $1.16, reaching the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization has jumped to $3.29 billion, making it the 44th largest digital asset in the…

Marathon Digital CEO Fred Thiel warned that smaller miners will face financial strain following the Bitcoin halving event in April. In a CNBC interview published Friday, Thiel highlighted the disparity in access to capital and equipment financing between smaller and larger miners in the current mining market cycle. He noted that while larger miners have had the opportunity to raise capital, smaller miners have faced challenges in scaling due to limited access to financing options. “Post halving I think you’ll see the smaller miners come under financial stress, which will enable the bigger miners to consolidate the industry,” he said.…

Quick Take Historical data, as shared by Thomas Fahrer, co-founder of Apollo Sats, illustrates that a future rise of Bitcoin to $1 million would not rank within the digital assets top three bull runs. Data by Fahrer shows that between July 2010 and Jan. 2011, Bitcoin’s price catapulted from $0.05 to $24, a 480-fold increase. Later, from October 2011 to November 2013, Bitcoin rose from $2 to $1,100, a 550-fold surge. Yet another bull run occurred from January 2015 to December 2017, with Bitcoin growing over 122 times, from $160 to $19,500. The most recent bull run from March 2020…