Author: NBTC

ChainPort has announced the integration of IOTA EVM as the 24th chain supported on its ecosystem and opening up new opportunities for its users. The integration allows developers to bridge tokens to and from the IOTA ecosystem through ChainPort and gives them access to a scalable network with feeless transactions. ChainPort, a cross-chain bridge that offers full interoperability and enhanced security, has announced the integration of IOTA EVM in its ecosystem. ChainPort completed the integration this week, making IOTA EVM the 24th chain to be supported. The integration comes just two weeks after the platform integrated Linea, a quantum-resistant Layer…

A closely followed crypto analyst says that one key indicator could be suggesting an incoming correction for Bitcoin (BTC). In a new video update, crypto strategist Benjamin Cowen tells his 802,000 YouTube subscribers that the price action of gold could be hinting at a large dip for the top crypto asset by market cap. . According to Cowen, in 2019, Bitcoin finished its rally right after gold broke out to new highs – an event he says is likely taking place again. “Gold broke out in 2019 as well and I know people are [going to say], ‘Well this time…

Plumb was built by developers from EasyA on VeChain and it rewards users with B3TR tokens for sustainable shopping efforts. It emerged fourth in the VeChain and BCG’s hackathon in San Francisco and was developed by serial blockchain entrepreneurs Clive Tsungu and Tom Rowbotham. The VeChain ecosystem has witnessed a rise in platforms that reward users for engaging in sustainable efforts as the network continues dominating the sector. The latest, Plumb, rewards users for making sustainable shopping choices. Plumb was among the projects that emerged from the VeChain hackathon in San Francisco, which was organized in partnership with the Web3…

At the most recent Bitcoin++ developer conference in Austin, TX, Bitcoin Magazine’s Alex B. sat down with Michael from Boltz and Tiero from Ark Labs to discuss the latest developments in Bitcoin’s technology ecosystem, particularly focusing on Lightning Network, Liquid, and emerging technologies like Ark. The Journey and Challenges of Lightning Reflecting on the journey of the Lightning Network, Michael shared insights on the challenges faced, especially in high-fee environments. “The biggest blind spot that was glaringly obvious recently was like in a high fee environment, Lightning tends to hurt a lot,” he said. He elaborated on the difficulties posed…

This article analyzes the potential factors that fueled XRP’s price by 35% in less than two weeks. XRP has attracted the attention of the broader crypto market due to its latest price performance. The crypto asset, which plunged to $0.3911 on July 5, is trading above $0.52 in the hours leading up to press time. With XRP currently priced at $0.5294, the seventh-biggest cryptocurrency by market cap is up 35.36% from its July 5 low. Also, the cryptocurrency has witnessed a weekly gain of 26.4% and a 24-hour surge of 2.12%. 3 Reasons Why XRP Is Up Following its remarkable…

With just months left until the 2024 U.S. election, former President Trump is looking to cement a potentially key group: the crypto community. According to Axios, Trump is in talks with an eye on speaking at the Bitcoin 2024 convention, which is expected to take place from July 25th – 27th, 2024, in Nashville, Tennessee. Axios reported this on Monday, citing two sources familiar with the development. Trump and his growing Bitcoin, crypto-friendly stance Bitcoin Magazine’s Bitcoin 2024 event is the largest BTC event of the year and it takes place right after the Republican National Convention ends. Notably, it…

PENDLE leads Coinstore’s top gainers, highlighting DeFi’s growing popularity. Arthur Hayes sees long-term bullish prospects for PENDLE, DOGE, and Ethena. Coinstore, a cryptocurrency exchange, announced earlier this week the top five gainers on its platform over the last 24 hours. Coinstore announced in a tweet that the top gainers were PENDLE, SNX, PEPE, FET, and RSR. According to the data, PENDLE has increased by 13.11% over the last 24 hours. And then, at the time of writing, the token had risen by 14.58% to $4.39 per token. 🚀 Top 5 24H Gainers at Coinstore 🎉 📈 PENDLE +13.11%📈 SNX +8.41%📈…

A sharp decline in Ethereum (ETH) prices triggered a wave of liquidations among leveraged ETH whales, according to a recent report from on-chain analyst EmberCN. Several whale addresses were forced to sell off their ETH holdings to cover their loans, including: Address starting with “0x1111” liquidated 6,559 ETH to repay a 277.9 WBTC loan. Address starting with “0x4196” liquidated 2,965 ETH to repay a 7.2 million USDT loan. Address starting with “0x790c” liquidated 2,771 ETH to repay a 6.06 million USDC loan. Address starting with “0x5de6” liquidated 2,358 ETH to repay a 5.17 million USDC loan. These liquidations came amid…

Synthetix secures the top gainer spot on CoinMarketCap, drawing investor attention. Synthetix’s recent updates, including the Andromeda release, strengthen its DeFi protocol. Synthetix (SNX) has recently received a lot of attention from investors, taking the top rank among notable cryptocurrency gainers on CoinMarketCap. At the time of writing, the token has risen more than 13% to $1.93, extending its bullish trend with a 24.40% increase in the previous seven days. This outstanding performance is related to the protocol’s capacity to create synthetic assets on the Ethereum blockchain, demonstrating its better performance across many major exchanges. With Bitcoin’s recovery over its…

Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what we are digging into on this (glorious?) Monday: BTC’s price plummeted to $60,000. How much further down could it go? The economic data to watch for ahead of the July 4 week. We’re in the US spot ETH ETF homestretch, fund firm filings show. How low can you go? No, we didn’t just pull out the limbo…