Author: NBTC
Polymarket predictions for a Solana exchange-traded fund (ETF) plunge lower than ever before, to a dim 3%. Nevertheless, some experts are bullish on the long game. The importance of regulatory changes is agreed upon, but the ideal form of these changes is disputed. Solana: The Longshot ETF Polymarket, the decentralized prediction market platform, has downgraded the likelihood of a Solana ETF yet again. Since the site began taking bets on the Solana ETF, its probability has never exceeded 15%. Nevertheless, the past month has seen this already-low chance crash, such that it now sits at a dismal 3%. Read More:…
Nansen announced a strategic partnership with Scroll, an advanced Layer 2 solution designed to enhance the Ethereum blockchain’s speed and cost-efficiency. This collaboration aims to bring Nansen’s analytics and on-chain insights to the Scroll ecosystem, supporting the growth of decentralized finance by enabling better decision-making for investors and developers alike, according to a press release shared with crypto.news. Scroll operates as a zero-knowledge rollup, a technology that “rolls up” transactions on a secondary chain and then posts them to Ethereum (ETH), which helps reduce congestion and fees. It also maintains Ethereum’s security while delivering faster transactions and a smoother experience…
Can decentralized finance (DeFi) address its hacking problem with another layer of decentralized tech? Israeli cybersecurity firm Ironblocks’ new network is betting on it. On Wednesday, the firm is beginning a phased roll-out of a new Web3 security layer it’s developing, called Venn. The transaction pre-screening network seeks to create “a new economy” for crypto security, said creator Or Dadosh, also Ironblocks’ CEO. Venn plans to match security operators and their technical know-how with crypto apps that want extra eyes on their transaction flow. A participating DeFi app might pay out crypto rewards to auditors and cybersecurity firms who vet…
Hong Kong — Space and Time Labs, supported by Microsoft and fresh off a $20 million Series A round, has launched the SXT Chain testnet—a blockchain built to deliver zero-knowledge (ZK)-proven data to smart contracts. This innovation promises to reshape decentralized finance (DeFi) by offering developers a powerful suite of tools for creating data-driven, advanced smart contracts.—SXT Chain is engineered to index data across major blockchains, including Ethereum, ZKsync, and various EVM and Move chains, storing this data in a decentralized network of database nodes. Using its proprietary Proof of SQL technology—a ZK coprocessor designed to handle sub-second SQL queries—developers…
Many pundits are currently afraid to make large Bitcoin price predictions due to a rapid sentiment change. However, value investor Mike Alfred believes that the cryptocurrency could potentially reach $200,000 in 2025 despite recent bearish headwinds. During a recent conversation with prominent cryptocurrency trader Scott Melker, he revealed that his higher-end target is $315,000. “My low-end target for Bitcoin next year is kind of $100,000 to $120,000…My high-end target is upwards of $315,000 and, of course, they’re they are really smart people who think it can go higher,” he said. “I think the point is at a high level though…
Raydium broke up the order of DEX, displacing Uniswap from its top position. In the last few days, Raydium also rose as the busiest decentralized exchange, driven by meme tokens. Raydium broke out as the leading DEX, leaving Uniswap second. The ranking arrived after record weeks of meme token activity, both for new inflows from Pump.fun, and for established Solana meme tokens. Raydium rose to the top based on the cumulative 30-day user number, based on CryptoDiffer data and methods. During other reporting periods, Raydium may lag or move ahead, with past performance not indicative of future results. In the…
People holding 5 million, 10 million, or 30 million Shiba Inu today could see their financial status change if SHIB hits $1 as this top exchange project. Despite the relief rally across the market, Shiba Inu has continued to trade around the $0.000013 territory. Currently, Shiba Inu changes hands at $0.00001373, representing a slight increase of 1.47% in the past 24 hours. At the moment, Shiba Inu is down 69.48% from its yearly peak price of $0.000045, attained on March 5. CoinW Hints at Shiba Inu’s Potential Surge to $1 However, many investors believe in Shiba Inu’s prospects amid the…
BOB, a Bitcoin layer-2 project looking to expand development on the world’s oldest blockchain, has integrated with the Superchain ecosystem built on Optimism’s OP Stack. OP Stack is a toolkit which allows developers to build their own blockchains atop Ethereum layer-2 network Optimism. Optimism has previous attracted exchanges Coinbase and Kraken to use it s the venue for building their blockchains. Ethereum layer-2 Optimism’s “Superchain” has added a Bitcoin-native project to its ecosystem for the first time, CoinDesk is first to report. BOB, a Bitcoin layer-2 project looking to expand development on the world’s oldest blockchain, has integrated with the…
River Financial, a Bitcoin-focused financial institution, has predicted that 10% of US companies will convert a total of $10.35 billion into the largest cryptocurrency over the next 18 months. “We estimate that business bitcoin holdings will grow at a rate of between 204 and 519 BTC per day until the year 2026, equivalent to a range of $12.2 million and $31.1 million per day at a $60,000 bitcoin price,” the company wrote in a recent report. All businesses combined now hold a total of 700,000 BTC with a growth rate of 150,000 BTC per year. Businesses now account for 3.3%…
An address belonging to blockchain payment firm Ripple shuffles 100 million XRP, transferring 19.7 million tokens to crypto exchange Bitso. Leading crypto tracking service Whale Alert indexed the transaction in a tweet yesterday, emphasizing that the 100 million XRP was worth $57.92 million at the time of the transfer. Transaction Details Data from Bithomp shows that the sending wallet, rP4…xv3, moved the 100 million XRP to the wallet rhW…2hk, with both addresses tagged as unknown by the XRP Ledger explorer. Notably, the sending wallet has been active throughout this week, moving huge chunks of XRP to different addresses. One notable…