Author: NBTC
Layer-2 (L2) networks are coalescing around dominant tech stacks rather than working toward universal standards, research from onchain explorer Blockscout reveals. Speaking with Decrypt in a video interview, Ulyana Skladchikova, head of product; and Kirill Fedoseev, head of research at the open-source explorer, revealed how a shift toward technical “clustering” is happening, despite overall transaction growth. “We see chains kind of get together around some big players and establish interop within those groups of chains,” Skladchikova said. The OP stack, for instance, has emerged as a dominant player in the L2 sector, with most networks using its tooling, real-time data…
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways since breaking below the $100K level, while also being supported by the $92K level. While the RSI has been showing values below 50%, which indicates the momentum is bearish, the market still remains above the 200-day…
The DePIN sector has witnessed a remarkable growth over the past twenty-four hours. As per the data from Phoenix Group, the prominent DePIN projects in line with the social activity during recent 24 hours include $TAO, $ICP, and $RENDER in the top positions. The crypto analytics firm shared the statistics of these projects in an exclusive X post. TOP #DEPIN PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $RENDER $THETA $FIL $EGLD $HNT $AKT $AR $XYO pic.twitter.com/sG4ZTC5LTD — PHOENIX – Crypto News & Analytics (@pnxgrp) February 15, 2025 $TAO Tops in Social Activity Among DePIN Projects with 5.7K Engaged Posts and 1.5M Interaction…
This is a segment from The Drop newsletter. To read full editions, subscribe. An interesting thread keeps popping up in conversations I’ve been having here on the crypto side of the Game Developers Conference. What I’m hearing is that gamers and builders have come full circle and changed their stance on Axie Infinity, a 2D creature-battler sometimes criticized for being overly simplistic or having repetitive gameplay. But these days, general sentiment toward it is more positive than it’s been in years. A few years ago, aspiring crypto game devs wanted to make a new reputation for the space, for which…
StratifyX, an open-source AI-driven platform serving for the quantitative strategies’ secure, automated, and decentralized development, has announced a strategic collaboration with INTO, an innovative Web3 entity advancing decentralized data ownership. 🚀 @StratifyX_AI x @intoverse_ Partnership 🎉StratifyX teams up with INTO, a Web3 ecosystem uniting social, DeFi & digital commerce.This collaboration boosts AI-driven insights & cross-chain analytics, empowering smarter investments in Web3.Stay tuned! #StratifyX #INTO pic.twitter.com/ZBrR13EGst — StratifyX (@StratifyX_AI) March 17, 2025 The partnership is set to expedite Web3’s growth with the advancement of cross-chain analytics and the AI-led insights. The mutual endeavor enhances cross-chain analytics and AI-led insights. StratifyX and…
Bitcoin continues to experience heightened uncertainty as market dynamics shift, driven by macroeconomic factors, regulatory developments, and varying institutional engagement levels., with conflicting price predictions, decreasing network activity, and increased institutional engagement creating a complex landscape for investors. As experts debate the cryptocurrency’s future trajectory, the potential impact of these developments on Bitcoin’s market performance remains a focal point for the industry. Bitcoin Network Activity Decline Sparks Concern Recent reports indicate a significant decline in Bitcoin network activity, with a 15% drop in transaction volumes and a 20% decrease in active addresses over the past month, with on-chain metrics revealing…
February inflation data released yesterday in the US came in below expectations. Following the CPI data, expectations about the possibility of the FED cutting interest rates were reshaped, and Barclays revised its estimate. FED Will Cut Interest Rates Two Times, Then Start Again in March 2026! Barclays raised its 2025 Fed rate cut expectation from one to two, citing softer labor market conditions despite tariff uncertainty, Reuters reported. Barclays analysts said they expect the FED to cut interest rates twice in 2025, by 25 points each in June and September. The bank had previously projected a 25 basis point cut…
The crypto market sees a notable shift with traders searching for high-performing tokens. As per Phoenix Group, CoinGecko’s data reveals Mantra ($OM), Mochi ($MOCHI), and Qubic ($QUBIC) are among the top searched crypto projects. The crypto analytics platform revealed the list of these projects in a recent X post. TOP TRENDING SEARCHES BY #COINGECKO$OM $MOCHI $QUBIC #BROCCOLI $IP $BERA $TRUMP $JUP #VIRTUAL $TAO pic.twitter.com/YZLICzBnGr — PHOENIX – Crypto News & Analytics (@pnxgrp) February 15, 2025 Mantra ($OM) Dominates Trending Crypto Projects Mantra ($OM) leads the crypto projects based on CoinGecko’s data of trending searches, as of the 15th of February.…
Ronin Web Wallet Beta launches, allowing users to manage digital assets seamlessly via browser, enhancing accessibility for Ronin and Axie Infinity communities. Axie Infinity: Atia’s Legacy surpasses 17.2 million pre-registrations, showcasing strong demand for the upcoming MMORPG set in the Lunacia universe. The Ronin Web Wallet Beta has now officially live, enabling users to control their digital assets straight from a browser. For the Ronin community and Axie Infinity enthusiasts who have been depending on wallet extensions or mobile apps, this is welcome news. Simultaneously, Atia’s Legacy, Sky Mavis’s most recent game, boasts a record with over 17 million pre-registrations.…
Bitcoin’s MACD histogram shift suggests bullish momentum, potentially signaling a major price recovery. Market support around $95,000 provides stability, with Bitcoin showing signs of early price recovery. Breaking the $97,894.04 resistance level could lead to an extended uptrend, influenced by macroeconomic factors. The widely recognized technical indicator indicates an upcoming change in Bitcoin’s market movement because bullish momentum seems poised to take over. A positive formation has appeared in the Moving Average Convergence Divergence (MACD) histogram and historical data shows this usually indicates a major price recovery in the cryptocurrency market. HISTORICAL #BITCOIN BUY SIGNAL IS FLASHING!!!🚀 pic.twitter.com/nFyh7eld9O — Crypto…