Author: NBTC
Orbs, through its collaboration with THENA, is riding a wave of success after achieving a remarkable milestone. The partnership has propelled THENA into the spotlight and resulted in its recent listing on Binance. This marks a pivotal achievement in THENA’s journey. It also showcases the Orbs’ strategic investment and technological integration. Orbs is a leading Layer-3 blockchain infrastructure provider while THENA is a DeFi protocol built on the BNB chain. Orbs Drives Innovation in DeFi Infrastructure Orbs has played a central role in elevating THENA’s ecosystem by integrating its advanced suite of Layer-3 solutions. Tools such as dTWAP, dLIMIT, Liquidity…
Bitwise’s rebranding of GXRP shows its plans to grow in Europe and compete in the rising global market for crypto ETPs. Ripple backs GXRP as XRP’s role in cross-border transfers and DeFi grows, fueling more interest in crypto investment products. With new crypto offerings like the Aptos Staking ETP and a U.S. XRP ETF filing, Bitwise is positioning itself as a market leader. Bitwise announced on X that it is introducing Bitwise’s updated XRP exchange-traded product, now called GXRP. GXRP was introduced in 2022, adheres to German regulatory standards, and is entirely supported by actual assets. Bitwise’s rebranding shows its…
Amid the ongoing trend of investors profiting massively from meme coins, an unknown trader has capitalized on this momentum to register a 490-fold return on their investment in the Comedian (BAN) token. Specifically, the trader turned an initial investment of $1,795 into $873,000 in just two days in a transaction involving the BAN/SOL pair on the Raydium automated market maker (AMM) platform, according to data shared by the on-chain analysis platform Lookonchain on October 27. In this case, the returns were not just due to mere luck, as the trader employed a strategic approach. The investor began with 10.2 Solana…
MetaHub has collaborated with Bixos, a blockchain-focused company transforming the real estate industry. The partnership aims to integrate blockchain technology to bridge physical and digital real estate markets, leveraging Bixos’ native $UBXS utility token. 🚀PARTNERSHIP ANNOUNCEMENT 🚀 MetaHub x Bixos🤝 We are thrilled to unveil our latest collaboration with @Bixosinc 🌐 Bixos is transforming real estate with the #UBXS utility #token, bridging the physical and virtual worlds through innovative #blockchain applications. With… pic.twitter.com/s7WBYSTul9 — MetaHub Global (@MetaHubGlobal) November 28, 2024 This collaboration will introduce innovative blockchain applications that disrupt traditional real estate practices. Bixos is driving a revolutionary approach to…
Right now, there are two significant liquidation thresholds that Bitcoin is positioned between, and knowing which way the price will go in the future is crucial. Key levels at roughly $68,900 and $66,000 that are likely to affect price action are highlighted on the Binance BTC/USDT liquidation heatmap. The risk of heightened volatility rises as BTC approaches these thresholds, which serve as important liquidation points. Depending on which level is tested first, BTC may see a breakout or breakdown under such pressure from both directions. The higher level, approximately $68,900, corresponds to a significant resistance level. A new bullish wave…
Solana DeFi Exchange Jupiter Will Revise Airdrop Plan After Voters Reject $1.6 Billion in Rewards
Solana decentralized exchange (DEX) Jupiter will revise its airdrop plan after a governance proposal did not reach a 70% supermajority, which would have led to $1.6 billion worth JUP being airdropped to users of its platforms across multiple waves. Earlier this week, a Jupiter DAO proposal penned by pseudonymous Jupiter co-founder Meow went live for voting, letting token holders determine whether Jupiter would airdrop up to $1.6 billion in JUP across two separate airdrops apparently planned for subsequent Januarys ahead. The proposal, which received more than 364 million in JUP voting power, only received 58% in votes in favor of…
Virtuals Protocol, an AI agent deployment ecosystem, has reached a peak market cap of $1.4 billion as the AI agent narrative expands beyond Solana and extends to Base. The platform’s native token, VIRTUAL, has surged 150% in value over the past week, driven by growing demand within the ecosystem. Base, the underlying blockchain for Virtuals Protocol, has also seen a surge in activity, with its total value locked (TVL) reaching an all-time high of $3.5 billion, surpasing Arbitrum, and weekly transactions climbing to nearly 54 million. Deployed on Base, Virtuals Protocol enables users to create and deploy AI-powered virtual characters…
Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana (SOL) shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions. But Berckmans points out on X that Solana initially marketed itself as capable of handling global transactions on a single chain. This was before rebranding their L2 solutions as “Network Extensions” rather than acknowledging them as L2s. Solana’s gradual acknowledgment of Ethereum’s (ETH) L2 backbone strategy came after seeing flagship applications building custom L2 appchains on their network. This shift in perspective became more…
Cobo, a leader in custody and wallet solutions for digital assets, has announced its integration with Zircuit, a Layer-2 ZK-rollup platform. Zircuit, created by experienced Web3 security professionals, has already secured over $2 billion in Total Value Locked (TVL). This update was posted on Cobo X, which is a social account of the company. 🚀 Exciting News!Cobo now integrates with @ZircuitL2, a L2 ZK-rollup developed by #Web3 security veterans, with a Total Value Locked of over $2 billion. 🌐 Following the recent launch of its $ZRC token, users can seamlessly manage #ZRC through Custodial & MPC Wallets, while… pic.twitter.com/a6bYajfsi2 —…
Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned. Bitcoin Price Set For Next Bull Run Zeberg highlights the Relative Strength Index (RSI), which is traditionally used to assess whether an asset is overbought or oversold. Currently, the RSI is positioned above the 50 mark, which often indicates growing bullish momentum. More importantly, the RSI has broken…