Author: NBTC

Datavault AI reaches its Nasdaq minimum bid-price deadline on Aug. 24, with DVLT 68% below the exchange’s $1 threshold and no disclosed decision on whether the company will receive more time or a delisting notice. DVLT’s last sale was $0.3186 on Aug. 21, according to Nasdaq’s official quote feed. Nasdaq historical data showed every close/last reading from Aug. 7 through Aug. 21 below $1. Datavault disclosed in a Feb. 27 filing that Nasdaq had given it until Aug. 24 to regain compliance, which requires a closing bid price of at least $1 for at least 10 consecutive business days. With…

$NEAR Protocol has unveiled $NEAR Intents, a concept aimed at creating a unified liquidity layer, which could revolutionize cross-chain operations. The announcement, highlighted by the $NEAR Protocol Twitter account, signifies a strategic move to enhance decentralized finance (DeFi) interactions. As blockchain ecosystems continue to grow, this initiative may attract more liquidity and user engagement across various platforms, shaping the future of DeFi. Inside the Move The broader cryptocurrency market is currently displaying mixed signals, with different altcoins experiencing varying momentum. $NEAR Protocol’s introduction of $NEAR Intents comes at a time when cross-chain transactions are gaining traction, further fueled by recent…

The CLARITY Act is heading toward a critical Senate vote with no clear coalition capable of delivering the 60 votes it needs. Expectations for the landmark crypto market-structure bill deteriorated sharply Tuesday, with Polymarket odds of enactment falling below 20% after reaching about 34% during the previous 24 hours. The reversal coincided with signs that Republican leaders are struggling to hold their own conference while Democrats demand additional concessions before supporting the legislation. CLARITY Act faces hurdles The Senate is expected to vote Tuesday afternoon on whether to proceed with the bill. Clearing that hurdle requires 60 votes, meaning Republicans…

Bitcoin finds itself under increased scrutiny as predictions surface about its potential to reach new all-time highs. On September 8, BitMEX co-founder Arthur Hayes suggested in an interview with The Rollup that structural monetary easing could pave the way for this surge. With the U.S. political landscape influencing policy implementation, market participants are advised to keep close tabs on upcoming developments. This could have significant implications for trading strategies moving forward. Inside the Move As Bitcoin approaches its crucial resistance zone between $64,000 and $65,000, traders are keenly observing market behaviors. The current price action reflects a struggle between buyers…

1inch has drawn attention with its recent exploration of a unique liquidity loop involving four tokens: SPCXon, WBTC, $USDT, and $USDC. This innovative routing mechanism allows for seamless trading without direct pairs, enhancing user experience and efficiency. The implications for traders could be significant, offering new strategies for liquidity management as shared liquidity becomes increasingly important in the crypto landscape. For further details, see the source tweet. What Went Down The broader crypto market is currently experiencing mixed signals, with various assets showing fluctuating momentum. In this context, 1inch’s focus on liquidity routing is timely, as it highlights the interconnectedness…

Near Protocol’s native token surged nearly 80% over the past week, outpacing the wider crypto market as the network expanded its privacy-focused trading services. On Monday, $NEAR traded around $4.29, up about 78.2% over seven days and 22% over the past 24 hours, according to CoinGecko. Total cryptocurrency market capitalization rose about 6% over the same seven-day period. On Thursday, Near Protocol said deposits and withdrawals for perpetual futures trading through near.com were now confidential by default. Near said the feature obscures the link between a trader’s funding wallet and a dedicated Hyperliquid trading account. On the same day, Near…

Though she’s been on the sidelines of the negotiations, Senator Elizabeth Warren, the Senate Banking Committee’s top Democrat, told reporters on Tuesday that the legislation pushed over the weekend by Republicans “was not negotiated with the Democrats.” “It was between the Republicans and White House, and the changes were nonsense,” said Warren, who has been a steady critic of the legislation and of the industry behind it. “In each case, they put in some new words that pretended to solve the problem, and then just either left the problem intact or expanded it later on.” Washington policy analysts were affixing…

Bitcoin’s post-retarget relief for miners was real, but narrow. Using a $BTC price of $84,751, the completed difficulty increase and the latest gross hashprice is about $40.31 per petahash per second per day. That is roughly 2.65% above the prior modeled baseline. However, the next difficulty estimate is pointing 2.48% lower. The estimate came after only 14.43% of the new epoch, making it an early signal from slower blocks rather than a result or proof that miners were switching off. The two readings are compatible. Price had restored a modest amount of gross revenue per unit of computing power after…

Strive CEO Matt Cole suggested that Bitcoin could provide an average annual return of approximately 50 percent by 2030. Cole noted that Bitcoin’s limited supply could be supported by macroeconomic conditions. According to Cole’s scenario, interventions by the US Federal Reserve (Fed) and the Treasury Department to suppress long-term interest rates could put downward pressure on the dollar. Cole notes that in such an environment, investors could accelerate their shift towards scarce assets, and Bitcoin could benefit significantly from this process. The CEO of Strive stated that if the currency depreciates and long-term interest rates remain under control, investors may…

Pendle has launched its RWAfi platform, providing DeFi users with unprecedented access to traditional finance (TradFi) yields. This innovative move allows traditional financial entities to enhance their yield through DeFi composability. The implications of this development may reshape how both sectors interact, as highlighted in Pendle’s recent tweet here. Breaking It Down In the broader context of the crypto market, Pendle’s introduction of RWAfi stands out as a significant advancement in the DeFi landscape. While the market has been displaying mixed signals across various assets, Pendle’s initiative opens new avenues for yield generation. This could attract both DeFi users seeking…