Author: NBTC
The price of popular cryptocurrency XRP saw exceptional performance during today’s trading session, as the quotes of the $160 billion asset suddenly soared by 7.5%. Following this sudden act of price appreciation, XRP saw its quotes reach a two-week high of $2.75. Interestingly, the price action was preceded by a shift of over $1 billion worth of XRP by San Francisco-based cross-border crypto payments provider, Ripple. The company is the largest user of XRP, with the token being used in Ripple’s services, including remittances, money settlements, cross-border payments and on-demand liquidity. Both the token and the company are associated with…
Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors. Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of AI, digital twins, cybersecurity, and more, the companies said in a press release on Tuesday. A gradual evolution of computing capabilities towards the edges of networks has seen a greater need for security and data integrity to be embedded within these edge devices at scale,…
A top cryptocurrency analyst and trader says Bitcoin (BTC) may be gearing up for a massive breakout as it chops around the $96,000 level. The analyst pseudonymously known as DonAlt tells the 65,700 subscribers of the Technical Roundup YouTube channel that Bitcoin’s market structure is showing continual improvement on the daily chart, indicating it may be on the verge of making an explosive move. “I think it’s getting more and more tight and a breakout is more and more likely with every day that passes, especially with the headlines that we’ve been having… I think we’re going to go a…
YZi Labs (formerly Binance Labs) has appointed Jane He as General Partner to lead its investments in biotechnology, marking a strategic expansion beyond its traditional Web3 focus. The move follows the firm’s recent rebranding from Binance Labs and reflects a growing emphasis on artificial intelligence and biotech. Jane He, an experienced investor with a background in biotech and medtech, will play a central role in identifying and supporting disruptive innovations in these sectors. Her expertise spans cancer therapies, gene editing, metabolic treatments, and AI-driven biotech solutions. Before joining YZi Labs, He served as an investor and Chief Operating Officer at…
BeraFI, the first project built on the controversial Berachain, is live, with BERAFI token trading on Uniswap, Kodiak, MEXC, and most recently, WEEX. BeraFi (BERAFI) launched on Feb.13 at 14:00 UTC with listings on Uniswap, Kodiak, and MEXC. The token debuted at a price of $0.000845 with a total supply of 800 million. Following launch, the price surged to $0.00316, representing a 273% pump. However, it has since come down to $0.001684, down by almost 50% from its peak, according to CoinGecko. Today, on Feb. 14, BeraFi was also listed on WEEX. BeraFi is built on Berachain, a layer 1…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Yesterday, Fed Chair Jay Powell brought back his favorite pandemic-era word: “transitory.” The term, and the Fed’s projections as a whole, didn’t spook investors, surprisingly. Markets initially fared well, but have since pared gains — perhaps a signal that traders are now looking closely at yesterday’s materials. The S&P 500 and Nasdaq Composite closed Wednesday 1.1% and 1.4% higher, respectively. By 2 pm ET on Thursday, however, both indexes were back in the red, trading 0.3% and 0.4% lower, respectively. Median projections show that FOMC members…
The TRON ecosystem is witnessing a resurgence in memecoin activity, particularly on the SunPump platform. New data reveals a major jump in transactions per token, signaling a fresh wave of interest in meme assets built on TRON. According to Satoshi Club, over 95,000 tokens have been created on the network since August. Total transactions have blown past 2.84 million now. This sudden increase in activity raises speculation on whether TRON’s memecoin season is making a strong comeback. https://twitter.com/esatoshiclub/status/1890249608934089197 TRON Ecosystem Performance: A Quick Look The TRON ecosystem currently holds a market capitalization of $22.05 billion, reflecting a 2.75% decline. Additionally,…
BNB Chain has launched the Good Will Alliance, aiming to counteract malicious maximal extractable value (MEV) practices, starting with targeted measures against sandwich attacks. The initiative aims to unite infrastructure builders, validators, and the broader community to establish ethical standards, best practices, and enhanced security within the BNB ecosystem. Sandwich attacks, a prevalent form of malicious MEV, have significantly impacted retail traders on Binance Smart Chain (BSC), causing losses totaling hundreds of millions of dollars, per BNBChain DAO. Responding to these challenges, the alliance’s initial action focuses explicitly on mitigating sandwich attacks through advanced filtering mechanisms. Infrastructure providers BlockRazor and…
DeFi protocols live or die by the quality of their code, whether they are designed for trading, lending, swapping, staking, or something else. Just as banks employ complex security measures to protect their vaults, DeFi developers fine-tune smart contracts to ensure they run smoothly and can’t be exploited. Despite their best efforts, these self-executing contracts are both the lifeblood of DeFi and its Achilles heel. The Wild West reputation of DeFi derives from the fact that criminals have a habit of hijacking protocols by exploiting vulnerabilities in their smart contracts. Last year alone, almost $2.2 billion was stolen – a…
Now that the US Strategic Crypto Reserve is a reality, many wonder what Trump’s administration has next in store for crypto. The crypto reserve already signals a strong commitment to integrating digital assets into national financial policy, but it’s unlikely the current US government will stop there. Given President Trump’s past statements about wanting the US to be the crypto capital of the world, some of the upcoming steps could include bridging traditional finance with decentralized technologies or just reasserting US leadership in crypto. There have been rumors ahead of Trump’s speech today at the Digital Asset Summit (DAS) in…