Author: NBTC
Pundi AI, a data platform driven by artificial intelligence (AI), has partnered up with Monad, T+ Wallet, and Numbers Protocol to promote data accessibility and decentralization, according to the most recent reports shared with Finbold on Tuesday, February 25. Thanks to the collaboration, Pundi AI will work on improving its AI tools to attract a broader user base and innovate AI data collection and utilization. Building a decentralized AI ecosystem Working on creating a decentralized AI ecosystem, Pundi AI has already developed a comprehensive in-house toolkit, which includes the Pundi AI Data platform, Pundi AIFX Omnilayer, Pundi AI Data Marketplace,…
With the total crypto market cap down at $2.81 trillion, Bitcoin is trading at a market value of $86,147. This marks an intraday recovery of 2.47% after a massive 5% crash last night. During the downfall, BTC price created a new low at $82,133 and marked a closing price under the 200-day EMA line. The sharp decline has shaken market confidence, raising concerns over further corrections. With the increasing selling pressure, is Bitcoin aiming for the $76,000 support level? Bitcoin Technical Analysis Warns Further Weakness In the daily price chart, Bitcoin has marked four consecutive red candles, accounting for a…
As the year nears to close, Fantom (FTM) draws attention from market participants following a whale who transferred huge amounts of Fantom tokens to Binance today. A crypto on-chain analyst, popularly known as the Data Nerd, spotted the development and shared it on the X platform. However, such an activity is significant as it could cause bears on the Fantom’s price. Whale deposits massive amounts of FTM According to data from the crypto analyst, the whale deposited 10 million FTM tokens worth $8.17 million to Binance today. Metrics analysis indicated that the trader accumulated a sum of 23.45 million Fantom…
Telegram-based tap-to-earn (T2E) game Hamster Kombat announced the launch of its Hamster Network on February 25. The gaming-focused Layer-2 (L2) blockchain is built on The Open Network (TON). Hamster Kombat Unveils Its L2 Blockchain The announcement marks a significant milestone in blockchain gaming, with Hamster Network emerging as the first L2 solution specifically tailored for gaming within the TON ecosystem. Hamster Kombat intended to provide a highly scalable and low-cost infrastructure for decentralized gaming applications. According to the statement on X (Twitter), it would leverage TON’s technology to enhance Web3 gaming experiences. Hamster Kombat also expressed enthusiasm for the launch,…
Bitcoin’s recent dip below $87,000 has raised questions about its future trajectory. After breaching $100,000 a few months ago, Bitcoin is now stuck in a period of sideways trading. However, Bitcoin isn’t the only crypto asset affected by selling pressure; altcoins are also seeing prices fall. Wider market concerns about consumer confidence and inflation are putting pressure on both the stock and cryptocurrency markets. Tariff Threats Add to Crypto Market Uncertainty The overall market mood is further complicated by concerns about new tariffs the U.S. government is planning, specifically targeting Canada and Mexico. While the market had grown somewhat used…
Shiba Inu lead, Shytoshi Kusama, expresses his excitement for SHIB’s future, particularly focusing on the cryptocurrency’s transformative potential next year. With 2024 coming to a close in less than 48 hours, Kusama took to X to give Shiba Inu community members a hint of what to expect in 2025. Kusama’s Upcoming Podcast The enigmatic leader shed light on his upcoming podcast, which he suggests will showcase Shiba Inu’s potential. According to him, the podcast will feature 44 episodes, and he intends to communicate with the broader crypto community through it. He hinted at plans to talk about the technologies the…
The U.S. Securities and Exchange Commission (SEC) plans to remove the top leaders at its 10 regional offices as part of a broader cost-cutting initiative. As reported by Reuters, according to sources familiar with the matter, the SEC informed directors across these offices on Friday that their positions will be eliminated as part of a plan set to be submitted next month. This move is part of a larger push for cost reductions under the Trump administration, which has been focused on purging federal agencies and cutting expenses. The SEC, which oversees the U.S. capital markets, is responding to pressure…
Etherlink, a Layer 2 blockchain built on Tezos technology, has officially moved out of public beta and into full production readiness, signaling a major milestone for the platform. To celebrate this achievement and ignite activity throughout 2025, Etherlink announced a slate of initiatives at ETHDenver, including the $3 million Apple Farm rewards program and a dedicated builder’s program aimed at attracting developers to its ecosystem. The waitlists for both programs opened today, aligning with a surge of momentum that includes over $2 million in decentralized exchange (DEX) trading volume and the successful Bifröst network upgrade. The Apple Farm program, set…
Crypto veteran Arthur Hayes thinks Bitcoin’s (BTC) short-term price outlook will be decided by US politics. The BitMEX founder says on the social media platform X that it’s currently time to “chill out, retrace and wait.” “If Trump can’t pass his budget which spends more and hikes debt ceiling, resume capitulation to levels pre the election day victory: $75,000 to $70,000. This is test of how strong Trump’s hold is on the Republican party.” Source: Arthur Hayes/X Hayes also suggests that a lot of the hedge funds that bought BlackRock’s iShares (IBIT) spot Bitcoin exchange-traded fund (ETF) could sell soon…
Asset management firm Volatility Shares has filed with the U.S. Securities and Exchange Commission (SEC) to launch three new exchange-traded funds (ETFs) tied to Solana futures. However, the offering faces a unique hurdle, as no Solana futures products are currently available on any Commodity Futures Trading Commission (CFTC)-regulated exchange. According to the fund’s prospectus, the proposed ETFs would invest only in futures contracts traded on CFTC-registered exchanges. This is questionable since Solana futures contracts do not yet exist and there is no approved spot Solana ETF. “This is crazy,” Bloomberg ETF analyst Eric Balchunas said in a post on social…