Author: NBTC

Decentralized exchange SushiSwap integrated dollar-cost averaging (DCA) and limit orders in its application by tapping Orbs’ dLIMIT and DCA protocols. The dLIMIT protocol allows traders to place limit orders on-chain, setting specific prices for buying or selling tokens. Users can choose options like +1%, +5%, or +10% above their target price and set expiry dates for their orders. Additionally, SushiSwap’s interface now includes an order history tab for tracking open and previous orders. Users can also specify the frequency and number of individual trades for their DCA orders, implementing this popular algorithmic trading strategy. Orbs is a decentralized layer-3 (L3)…

Institutional investors are being drawn to Bitcoin mining companies for their artificial intelligence (AI) potential, but they may end up reaping unexpected benefits from cryptocurrency bull markets. “If we are right about our $200K Bitcoin price forecast, investors will come for AI and might end up enjoying the Bitcoin bull markets, without asking for it,” a Bernstein report released Monday states, as it encapsulates a dual opportunity that institutional investors may not have anticipated. Source: Bernstein This unexpected synergy between AI infrastructure and cryptocurrency mining is attracting attention from institutional investors who see beyond the traditional boundaries of these technologies.…

To understand the recent movements in the Bitcoin market, the UTXO Block P/L Count Ratio Model provides important insights. This model focuses on changes in the number of Unspent Transaction Outputs (UTXOs) that are either in profit or in loss and how these changes correlate with Bitcoin’s price, according to CryptoQuant. Current Status of the #Bitcoin Market: UTXO Block P/L Count Ratio Model Analysis“When viewed cyclically, the increase in the number of UTXOs in loss has historically had a positive impact on the price.” – By @0xDataScopeRead the full post 👇https://t.co/OC5fmZuuYQ pic.twitter.com/spAC80JVIr — CryptoQuant.com (@cryptoquant_com) August 20, 2024 UTXO Data…

According to Blockstream CEO Adam Back, MicroStrategy (MSTR) shares reaching $194 would correspond to about $80,000 per Bitcoin. Cantor Fitzgerald, an American financial services giant that was founded all the way back in 1945, recently initiated coverage on the stock of the biggest corporate holder of Bitcoin. The firm announced the above-mentioned price target of $194. The $80,000 Bitcoin target seems to be reasonable if the CMSTR:BTC price ratio remains within the existing model, according to Back. Earlier this year, STOKR, the European marketplace that allows issuing tokenized digital shares, announced CMSTR Notes, with each of them representing 100 shares…

A crypto influencer recently shared his top altcoin picks, emphasizing their potential for high growth and passive income generation through staking rewards. The influencer suggests these altcoins could be a pathway to early retirement for investors. The video began by showcasing ALF Protocol (ALF), an open-source cross-blockchain network designed to empower dApps and other protocols. It was described as a decentralized version of AWS or Firebase, with a focus on enhancing the DeFi ecosystem. The native ALF token, used for network transactions and incentivizing node operators, has a current market cap of $116 million and is considered a promising contender…

Binance, the world’s largest cryptocurrency exchange, continues to announce altcoin support. At this point, the last announcement came regarding the Simon’s Cat (CAT) airdrop that will be distributed to FLOKI owners. In a statement made by FLOKI, Binance announced that it will support the Simon’s Cat airdrop to FLOKI holders on the Binance exchange. Binance will conduct the Simon’s Cat airdrop according to a snapshot to be taken on August 29, 2024 at 23:59:59 UTC. The airdrop amount and final details will be determined by Binance based on the total amount of FLOKI tokens held on Binance that meet the…

Bitcoin’s price has risen by nearly 40% since the start of 2024, but the expected bull run has yet to fully materialize. BTC is showing a strong outlook at around $60,000, with some analysts remaining optimistic that it could rise to $200,000 within the next year. The Fed is a major factor on everyone’s radar. As Fed Chair Jerome Powell prepares for his upcoming remarks, the market is preparing for hints of potential rate cuts. According to CME FedWatch data, there is a 100% chance the Fed will cut interest rates at its September meeting, reflecting broad market confidence. The…

Fed Chairman Jerome Powell gave the clearest sign yet that quantitative easing is imminent by saying it’s time to cut interest rates. The timing and magnitude of these reductions will depend on careful assessment of risks to the U.S. economy, Powell said. “We do not want or welcome further cooling in labor market conditions,” Powell said in his speech, indicating that the central bank is increasingly cautious about tightening policy further given the potential impact on employment. The Fed’s primary goal remains to bring inflation back to its 2% target, but the resilience of the labor market has made the…

Unlocking Enterprise-Level Tokenization on IOTA EVM TL;DR:IOTA has partnered with Tokeny to integrate their enterprise-level tokenization tech into IOTA EVM, enhancing on-chain compliance and control over token transactions and ensuring only qualified investors partake. This move will bolster enterprise tokenization and secure digital asset management within IOTA’s ecosystem. For companies exploring the world of decentralized finance (DeFi), compliance with legal requirements like anti-money laundering and securities regulations is crucial. This adherence protects investors by ensuring transparency and fairness, maintains market integrity, and builds trust, which is vital for the sustainability of financial markets. Additionally, compliance allows companies to access critical…

TerraPay has formed a new initiative to enhance how wallets interact globally. Dubbed the “Wallet Interoperability Council,” this collaboration brings together five digital wallet operators to make international money transfers more accessible globally. The Wallet Interoperability Council, spearheaded by TerraPay, includes key players like Airtel, bKash, MPESA, Nequi, and Sama Money. These operators serve vast regions, including Bangladesh, Colombia, Kenya, Senegal, Tanzania, and Uganda. According to the London-headquartered firm, the council’s goal is to advance global wallet interoperability, enabling seamless merchant payments, international remittances, and other cross-border transactions by connecting diverse platforms. Traditionally, digital wallets have operated primarily within local…