Author: NBTC

Neo Blockchain has officially partnered with PumpBTC to advance in reshaping the decentralized bitcoin finance known as BTCFi. This partnership seeks to bring PumpBTC into Neo’s advanced dApp ecosystem to provide a convenient and safe decentralized finance solution. PumpBTC and Neo X: A Perfect Match PumpBTC is a tool that assists BTC holders in getting the most out of their investments by utilizing DeFi. Neo X is an EVM-compatible sidechain that introduces Neo’s delegated Byzantine Fault Tolerance (dBFT) consensus algorithm. While addressing the issue of toxic Miner Extractable Value (MEV) at the protocol level in a novel way. Such advancements…

Michael Saylor, an American businessman and well-known Bitcoin bull, published a new X post today. The CEO of MicroStrategy is known for his sometimes rational, sometimes weird, but always viral posts about the leading cryptocurrency, and today’s is no exception. Saylor captioned an AI-generated image of him holding a physical BTC with the words: “Everyone is going to want your Bitcoin.” It is interesting that this post collides with a significant milestone for the leading cryptocurrency, as today marks 16 years since Satoshi Nakamoto announced in 2009 that Bitcoin would have a hard-capped supply of 21 million. Everyone is going…

In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since May 2020, when the central bank had lowered rates to mitigate the economic impact of the pandemic. The monetary stance remains neutral, with the Standing Deposit Facility (SDF) rate set at 6 per cent and the Marginal Standing Facility (MSF) rate and Bank Rate at 6.50 per cent. “The MPC decided unanimously to reduce the policy repo rate by 25 basis points from 6.50 per…

Is the newly formed Protocol Council the key to strengthening EigenLayer’s protocol security and supporting community-driven growth? On Jan. 14, EigenLayer (EIGEN) announced the formation of the Protocol Council to ensure protocol security and evaluate EigenLayer Improvement Proposals. The news was shared via a tweet from the Eigen Foundation. 3/ The Protocol Council maintains protocol security by reviewing/approving EigenLayer Improvement Proposals (ELIPs), ensuring all changes advance the protocol and support ecosystem growth.This marks a pivotal step in the evolution of EigenLayer’s decentralized governance. — Eigen Foundation (@eigenfoundation) January 13, 2025 EIGEN is a protocol built on Ethereum (ETH) that introduces…

Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago. In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going up by 150% in roughly one year following the launch of the ETF. The QQQ ETF tracks the performance of the 100 largest non-financial firms listed on the Nasdaq stock exchange. As the flagship digital asset approaches the first anniversary since the launch of the…

Tether CEO Paolo Ardoino dismissed concerns about stablecoin competition. Tether CEO Paolo Ardoino has dismissed concerns about competition in the stablecoin market, emphasizing Tether’s (USDT) decade-long growth and extensive distribution network. Tether is currently facing regulatory challenges in Europe due to the European Union’s Markets in Crypto-Assets regulations, leading exchanges like Crypto.com and Kraken to delist USDT in the region. Additionally, Tether’s market value has declined to a two-year low amid these new regulations, raising concerns about its future stability. You might also like: Bitcoin allocation plan could push Czech Republic ahead of UK, Germany: Bitget CEO ‘So no, I’m…

Trader flips $570K loss into $755K profit trading AIOS tokens in two days. 11.49M AIOS tokens surge from $1.19M to $1.95M, delivering huge profits. Lookonchain reveals patience helped trader profit despite initial massive unrealized loss. Have you ever wondered how fortunes can change overnight in the crypto world? A daring Crypto trader just flipped a massive $570K loss into a staggering $755K profit, through trading AIOS tokens. Here’s what actually happen? Turning Loss Into Profit According to Lookonchain, a blockchain analytics platform that highlighted this move, the trader initially bought 11.49 million AIOS tokens for 6,357 SOL, which was worth…

Brazil’s national instant payment platform Pix is set to introduce an automated recurring payment feature later this year, and experts say it could unlock $30 billion in the e-commerce sector. Known as Pix Automatico, the new feature launches in mid-June 2025. It allows the 150 million Pix users to debit their accounts for recurring bills, which include monthly payments for services such as streaming and utilities. Currently, such recurring payments can only be conducted through bank debits or third-party fintech services in Brazil. EBANX, a regional fintech firm in Latin America, says Pix Automatico will be a game-changer for the…

Bitcoin (BTC) funding rates, i.e., the fees of crypto derivatives exchanges required to keep the balance between spot and futures prices, are shrinking. This might be a disturbing signal for Bitcoin (BTC) bulls, the CryptoQuant community author says. Bitcoin funding rates declined significantly: What does this mean? As Bitcoin (BTC), the largest cryptocurrency, was brutally rejected over $100,000, its derivatives market started showing signs of exhausted demand. Exchange funding rates for BTCUSDT contracts face significant decline, CryptoQuant’s community analyst @ShayanBTC said in his latest QuickTake post. Bitcoin Funding Rates Highlight Weak Derivatives Demand“The current state of Funding Rates aligns with…

Crypto investment magnate Barry Silbert is betting big on decentralized AI, calling it “the next big era of crypto” that could be bigger than even bitcoin. In a letter to shareholders of his crypto conglomerate Digital Currency Group, Silbert went long on deAI: the crypto industry’s effort to fuse AI innovations with blockchain tech. He believes the tech mashup may pay better dividends for humanity than the closed-off systems being developed by OpenAI and other giants. “We’re moving from the digital ownership of assets to the decentralized ownership of intelligence and the availability of vast decentralized compute resources,” Siblert wrote…