Author: NBTC
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%, $CRV emissions will be cut in half every four years, which will help maintain the long-term stability of…
Stellar ($XLM) emerged as the top gainer, recording an impressive 57.1% increase in price. Trading at $0.44 with a market cap of $13.3 billion, $XLM saw a surge in activity across major exchanges, including Binance. The spike comes amid the growing adoption of the Stellar blockchain for cross-border payments and heightened investor interest in alternative blockchain technologies. DAILY GAINERS$XLM +57.1% $VTHO +48.8% $SOLO +48.4% $STRDY +41.6% $VET +35.5% $COTI +33.4% $SNT +33.1% $XRD +31.6% $DOT +27.0% $ALGO +23.3%#dailygainers pic.twitter.com/ClOPISrEMQ — PHOENIX – Crypto News & Analytics (@pnxgrp) November 23, 2024 According to Phoenix Group, The price action reflects renewed optimism…
Trump’s Empire is yet another Telegram game promising an airdrop for a relatively small time investment while using the name and likeness of a right-wing icon—with no direct involvement from the person himself. Sound familiar? Of course, that sentence could also describe X Empire, the Elon Musk-themed Telegram game that blew up in popularity last year only to disappoint many players with its airdrop. Granted, the X token on The Open Network later surged in value, if only briefly, following Donald Trump’s election win. Trump’s Empire has a similar starting point, but is a bit more robust than X Empire…
Changpeng Zhao, commonly known to crypto enthusiasts as CZ, a co-founder and former boss of the Binance exchange, has published a tweet to clarify his X post of January 14 about Bitcoin, buying the dip, regrets about not doing it and the FUD. His tweet came out as the world’s flagship cryptocurrency Bitcoin surpassed the $103,000 price level and then went on to overcome $105,000 before facing a small rebound. The “today” in Jan 14 post 👇was not referring to that specific day. It was a generalization that “today” is earlier than all the days to come. As a pure…
Ripple’s native token XRP has gained massive attention from crypto enthusiasts due to its impressive upside rally over the past few days. On November 24, 2024, a whale transaction tracker, Whale Alert, posted on X (formerly Twitter), signaling every investor and trader that this rally might be nearing its end. XRP Whale Move 20 Million Tokens to Upbit The post on X noted that an XRP Whale had dumped 20 million tokens worth $27.24 million on Bybit, South Korea’s largest crypto exchange. However, this massive dump occurred during a period when the overall cryptocurrency market was in a correction phase,…