Author: NBTC
Gelios, an advanced blockchain entity, has announced a strategic collaboration with Merlin AI. The partnership focuses on advancing the capabilities of both platforms, promoting innovation in blockchain and AI technologies. The platform revealed this development on its official social media account. Gelios X Merlin AIWe’re thrilled to partner with @MerlinAIcoin, a platform leveraging GPU acceleration to optimize AI algorithms, enabling fast computation of complex neural networks.🔸 Expanding the Gelios network🔸 Seamless integration with Merlin AI🔸 Driving innovation… pic.twitter.com/eTDKzM3cye — Gelios (@GeliosOfficial) November 25, 2024 Gelios Collaborates with Merlin AI, Reforming the Crypto Solutions Driven by Artificial Intelligence The platform mentioned…
There has been a major uplift in the Web3 metaverse space, with several tokens recording significant highs in November. Here are some of the most notable developments in the metaverse crypto scene: Decentraland launched its official desktop app, The Sandbox hosted its biggest reward season, and Floki further delayed its highly anticipated metaverse game. Decentraland Launches Desktop Application The metaverse platform Decentraland launched its official desktop app in October – Decentraland 2.0. Previously, the platform was only accessible through a web browser. The desktop application was launched for both Windows and macOS, making the virtual world more accessible to users.…
Bitcoin is on the verge of breaking the $70,000 barrier as investors closely monitor the US presidential elections in two weeks. Bitcoin Nears $70,000 as US Presidential Election Approaches “The $70,000 mark represents a key psychological resistance point that lines up closely with Bitcoin’s all-time high set above $73,700 in March this year,” said Min Jung, an analyst at Presto Research. The upcoming November 5 presidential election is drawing attention to Bitcoin, which has become a mainstream political issue. “This is the first time crypto has entered the political conversation and gained the attention of a wider audience,” said David…
Aave, the leading decentralized finance (DeFi) lending and borrowing protocol, has integrated new oracles from Chaos Labs to automate its risk management system. This is the first time in the protocol’s history that DAO has approved the use of a second Oracle network beyond Chainlink. Aave is the biggest lending protocol with $18.44 billion in total value locked (TVL), according to DefiLIama. Generally, Oracles feed external data and information to smart contracts, including the prices of assets. Edge Risk Oracle To Enhance Aave’s Robustness According to the source, the oracles, known as Edge Risk Oracles, will enable real-time changes for…
Ethereum struggles to attract institutional investment due to its complex technology and narrative. Ethereum’s position as the top layer-one network sets it up for potential future growth. The coin might be at a bottom and could break through its resistance for big gains. While the financial sector as a whole has increased by 1.5% over the past week, ETH has remained comparatively flat given its present growth. The token’s performance during the last thirty days has been modest, with a 19% increase. This makes its price growth less impressive compared to other altcoins like Solana, XRP, and Cardano. With only…
The New York Stock Exchange (NYSE) Arca has filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Bitcoin and Ethereum ETF. The proposed ETF is a market-capitalization-weighted fund. A Look at NYSE Filing for Bitwise’s Bitcoin & Ethereum ETF Bitwise’s ETF seeks to provide investors with balanced exposure to Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization. Filed under NYSE Arca Rule 8.201-E governing Commodity-Based Trust Shares, the ETF is structured to hold both Bitcoin and Ethereum in proportions reflecting their relative market capitalizations. The…
Popcat (POPCAT), a popular meme coin on Solana, just set a new record high at $1.75 on Tuesday morning. CoinGecko data shows that the token has jumped 11% in the last 24 hours, leading the vibrant rally of Solana-based meme coins. POPCAT’s market capitalization has now exceeded $1.6 billion, surpassing Bonk (BONK) to become the second-largest Solana meme coin. BONK has rallied 4% over the past 24 hours but the token’s value is still down 7% on the monthly chart. Meanwhile, Dogwifhat (WIF) has also experienced an 8% price increase, maintaining its position as the largest Solana meme token by…
The digital asset platform Fireblocks has just entered into a collaboration with Google Cloud to explore new innovative solutions for cryptographic self-custody. Thanks to the integration of Confidential Space technology, even highly regulated financial companies will be able to securely manage their private keys. This innovation creates a new precedent for the expansion of the vast cryptocurrency sector within the traditional fintech world. All the details below. Fireblocks and Google Cloud simplify the self-custody process of digital assets A huge step forward towards the adoption of digital assets in financial companies Private keys and access barriers in the web3 world…
Jason Lowery’s book ‘Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin’ has been retroactively subjected to a security and policy review by the Department of Defense (DoD), affecting its distribution and availability. The review of a published work by a serving military officer raises questions about the government’s potential alignment with national security protocols. Further, the DoD’s decision to place the book under security review may suggest it fears other nations adopting the theories it sets out and wants to reduce its publication to ensure US dominance in the area. As a US Space…
Panama City, Panama – Bitcoin DeFi is taking a bold step forward. Velar, the leading Bitcoin-based liquidity protocol, has joined forces with StackingDAO to introduce a groundbreaking STX/stSTX stableswap pool on Stacks. This innovative partnership addresses a pressing liquidity challenge in the Stacks ecosystem while unlocking new yield opportunities for STX and stSTX holders.—Unlocking Liquidity for STX StakersThe new trading pair on Velar DEX allows easy, low-fee swaps between STX and stSTX, its staked version. This makes it simpler and cheaper for investors to enter and exit their staking positions. By reducing barriers to participation, the pool is designed to…