Author: NBTC
Exciting whispers are circulating in the cryptocurrency community, all thanks to a recent tease from ThunderCore (TT). The blockchain platform hinted at a significant upcoming announcement, sending ripples of anticipation through its user base. What’s truly captured attention is the accompanying image, prominently featuring the logo for WorldLibertyFinancial (WLFI), a DeFi project notably linked to the Trump family. This potential collaboration between ThunderCore WLFI is generating considerable buzz. What is ThunderCore Teasing with WLFI? ThunderCore, known for its high-performance blockchain, has strategically dropped a hint that suggests a major development is on the horizon. The exact nature of this announcement…
Ethereum has faced a significant decline in its price, dropping from a high of $4,750 to the current price of $4,200. Despite this, the decline might not be over. Ethereum could experience further downtrends in the coming days, with several indicators signaling potential selling pressure. Ethereum Holders Could Cause A Crash Long-term holders (LTHs) of Ethereum are currently seeing a surge in profits, as indicated by the MVRV Long/Short Difference, which has reached a yearly high. Normally, when this indicator falls deep into the negative zone, it signals that short-term holders (STHs) are gaining profits, making them prone to selling.…
Windtree Therapeutics, a biotech company that established a BNB treasury strategy last month, fell 77% on Wednesday after the Nasdaq informed the firm it would be delisted from the stock exchange for failing to meet compliance requirements. The noncompliance concerned Nasdaq Listing Rule 5550(a)(2) that requires a company’s stock to maintain a minimum bid price of $1.00 per share, Windtree stated in a filing to the US securities regulator on Tuesday. Nasdaq will suspend WINT trading on Thursday. Windtree (WINT) shares dropped a staggering 77.2% to $0.11 on the news, and are down another 4.7% in after-hours, Google Finance data…
Tokenization platform Securitize has predicted that Ethereum will be the future hub for real-world asset (RWA) markets, pointing to the blockchain’s dominance in institutional adoption and its potential to capture a multi-trillion-dollar opportunity. In a guest thread posted on Ethereum’s X account, Carlos Domingo, CEO and founder of Securitize, pointed out the tokenization market’s growth to a $26.5 billion sector, with Ethereum hosting $7.5 billion worth of tokenized RWAs and $5.3 billion in tokenized Treasuries, giving it a 72% market share of on-chain Treasuries. “It’s where institutions are deploying capital,” the company wrote, adding that even a 1% slice of…
Jupiter DEX added another service to its suite, turning into one of the complete DeFi hubs on Solana. Jupiter announced the creation of its initial lending service, with 40 vaults and $2M in incentives. Jupiter is adding another service to its suite, launching a native lending solution. Jupiter Lend announced its public beta launch, with 40 active vaults and $2M in incentives. The lending protocol was created in partnership with Fluid DeFi. Jupiter Lend announced its launch in August, releasing an audited public beta just weeks later. Jupiter Lend Public Beta is live 🥳 The most advanced money market on…
Fed Chair Jerome Powell is expected to hold his own against making a clear commitment to cut interest rates in September during his speech at the Jackson Hole meeting on Friday. While markets are strongly pricing in a rate cut, Powell may avoid giving definitive signals, highlighting the uncertainty surrounding the process. Research firm LHMeyer suggested Powell could temper expectations to prevent markets from fully locking in on the cut. Powell’s speech will come under even greater pressure than usual this year. US President Donald Trump has been criticizing the Fed chair for months, calling him a “stubborn mule” and…
Alphabet recently unveiled a new blockchain called the Google Cloud Universal Ledger (GCUL), some features of which appear to put it in direct competition with Ripple Labs’ XRP Ledger (XRPL). The $2.5 trillion internet giant stamped its own brand on it and name-dropped other heavyweights on its debut, including the world’s largest options and futures exchange, CME. Like XRPL, GCUL will be a distributed base layer blockchain, allow API access, operate 24/7 with low latency, support programmable tokenization of assets, provide financial applications like payment automations, charge fees for transactions, support institutional infrastructure, facilitate global payments, and integrate with third-party…
The cryptocurrency world recently buzzed with news of a substantial financial movement. A massive USD1 Falcon Finance transfer has captured significant attention, sparking discussions across the decentralized finance (DeFi) landscape. This particular event involves a considerable sum of $10 million in USD1, moved from an undisclosed address to a prominent DeFi platform. What Just Happened with USD1 Falcon Finance? Approximately thirteen hours ago, a notable transaction occurred: 10 million USD1 moved from an anonymous address. This significant amount landed in a multisig wallet controlled by Falcon Finance, as reported by AmberCN. A multisig wallet, short for multi-signature, requires multiple approvals…
Despite the negative market trend faced by the crypto ecosystem over the past days, Ethereum has continued to make waves in key metrics. On August 20, the second-largest cryptocurrency by market capitalization set a new record on the leading Chicago Mercantile Exchange (CME), according to data provided by Maartunn, a community analyst at CryptoQuant. According to the source, over 14,250,000 ETH worth about $8.3 billion was committed in active futures contracts on the exchange, marking the highest level of open interest ever recorded for ETH derivatives on CME. Ethereum OI surges despite price slump This major milestone is coming at…
This is a segment from The Breakdown newsletter. To read more editions, subscribe “Civilization advances by extending the number of important operations which we can perform without thinking of them.” — Alfred North Whitehead Investors love the pricing power of “last mile” businesses. Comcast charges $75 a month for internet access because it buried the cable outside your house that connects you to the world wide web. Walmart is the last mile of consumer goods because its shelves are where supply meets demand, and brands pay dearly (in discounts and promotions) to win a place on them. Amazon charges third-party…