Author: NBTC
Base, Coinbase’s Layer-2 (L2) blockchain solution, has reached new heights, setting an all-time high daily decentralized exchange (DEX) trading volume near $3 billion. This milestone reflects Base’s growing prominence in the L2 space and its role in scaling on-chain transactions for Coinbase users. Base Hits New Milestones in DEX Volume Blockchain analyst Dan Smith highlighted Base L2’s record-breaking volume of $2.9 billion, including $1.3 billion in ETH-USD trading, which also hit an all-time high. Other trading pairs, such as ETH-cbBTC and BTC-USD, were close to breaking their own records. Base DEX Volume By Pair Type. Source: Blockworks Research The $2.9…
The 2021 collaboration between the Renji Hospital and VeChain to build a smart care medical project (MyBaby) has been highlighted in the latest Xinmin weekly report. This groundbreaking initiative underscores VeChain’s limitless expansion and several use cases across different fields. VeChain (VET) makes a groundbreaking appearance in a Xinmin weekly report. In the article that highlighted how smart hospitals are undergoing transformation and upgrade, the strategic partnership between the blockchain company and Renji Hospital (an affiliate of the Shanghai Jiaotong University School of Medicine) was referenced. Proud to be leading adoption of real world applications, creating tangible real world impacts.…
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week. Analysts have been examining this rally closely, noting that it mirrors patterns observed in past market cycles. Specifically, the role of market pullbacks—often seen as discouraging by short-term investors—has emerged as a critical factor behind Bitcoin’s long-term strength. Bitcoin Larger Rally Ahead, Here’s Why According to datascope, a contributor to CryptoQuant’s QuickTake platform, Bitcoin’s most significant rallies have frequently originated in so-called “bear…
The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring around $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica has secured the liquidity, which it says will make it the largest stablecoin on Stacks, through collaboration with Bitcoin lending protocol Zest. The two plan to offer yield on USDh through lending against sBTC, the bitcoin-backed bridging asset that users can use to put their bitcoin wealth in the Stacks ecosystem. The initial liquidity boost could create a short-term window of higher yields, Hermetica said, with projections of an…
While some users praised veDelegate’s progress, others raised concerns about the sustainability as the VeChain ecosystem expands. veDelegate addressed skepticism by emphasizing the endorsement system’s flexibility and the potential for economic nodes to help scale governance. VeChain’s decentralized application veDelegate announced a major milestone in its governance journey. In a post on X, veDelegate revealed it had secured enough endorsement votes to participate in next week’s governance round officially. Several users indicated their interest in smarter governance in the VeChain ecosystem. However, some users also expressed skepticism. veDelegate Spotlights Latest Achievement “Exciting news: veDelegate has secured enough endorsement votes to…
According to a Jan. 18 report by Bloomberg, a group of Bitcoin diehards wants to force the Swiss National Bank (SNB) to hold Bitcoin alongside gold, dollars, and euros as part of its official reserves. Their mission is nothing short of revolutionary. They want to enshrine Bitcoin’s place in the Swiss Constitution and, in the process, make history. Under Switzerland’s system of direct democracy, these guys have already started gathering the 100,000 signatures they need to force a national vote. If successful, the country’s 8.8 million people will decide whether Bitcoin deserves a seat at the table of one of…
The convergence of Decentralized Finance (DeFi) and Artificial Intelligence (AI), often termed DeFAI, marks a monumental shift in the way financial systems operate. This fusion has the potential to transform the traditional financial landscape, offering both significant opportunities and challenges for its growth and adoption. As we look ahead, it’s crucial to examine how these two technologies complement each other and the hurdles that must be overcome to ensure their success. Key Takeaways DeFAI combines the decentralized nature of blockchain with the intelligence of AI to revolutionize financial services through automation, efficiency, and smarter decision-making. AI enhances DeFi platforms by…
A market commentator recently highlighted ten reasons he believes XRP could be on its way to the ambitious $10 mark. Edoardo Farina, CEO of Alpha Lions Academy and Head of Social Adoption at XRPHealthcare, presented arguments supporting the audacious price goal days after XRP reclaimed the $1 level. The recent uptrend has reignited bullish sentiments around the altcoin. XRP, which has maintained its position above $1, would require an 809% increase to hit $10. Despite the massive growth necessary for this target, Farina believes it is feasible but speculative, citing ten factors that could catalyze it. SEC Lawsuit Resolution and…
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC). The analyst and trader pseudonymously known as Bluntz tells his 309,200 followers on the social media platform X that Bitcoin has witnessed “savage price action” after falling to around $89,200 and then quickly recovering. According to the analyst, Bitcoin is primed to rally by at least 17% from the current level. “Take the lows, make everyone capitulate and then up only with no dips forcing sidelined traders and investors to chase price higher. This next leg up should be the one that takes us to $120,000+ in…
In 2024, Curve Finance decided to reduce the inflation rate on the fourth anniversary of the $CRV token. As of August 13th, the platform cut the annual inflation rate of $CRV from 20% to 6% based on the Bitcoin ($BTC) halving model. This reduction, along with the end of all vesting schedules, means that liquidity providers will only use future $CRV emissions. The inflation adjustment reflects the move from high emission levels to a more reasonable level. With annual reductions of 16%, $CRV emissions will be cut in half every four years, which will help maintain the long-term stability of…