Author: NBTC
The Dogecoin (DOGE) ecosystem is seeing mixed performance with a slip in price but with intense accumulation by the meme coin’s whales. At the time of writing, the price of Dogecoin is down by 8.35% in the past 24 hours, to $0.1475. The coin’s trading volume has, however, managed to maintain a 96% surge to $1,696,311,945 amid a $1 million transaction surge. 27 billion whale boost According to data from the crypto analytics platform IntoTheBlock, Dogecoin whale transactions have soared by 46.6% in 24 hours. At this rate, a total of $4.2 billion DOGE has been acquired by whales thus…
Ledgity Yield, a stablecoin yield protocol underpinned by real-world assets, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across Ethereum, Base, and Arbitrum. The CCIP integration will offer cross-chain transfers of the native LDY token, allowing users to stake the token easily from various chains. Stablecoin yield protocol Ledgity Yield has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to offer cross-chain transfers of its native token, LDY. Announcing the integration, Ledgity described its protocol as “now more accessible than ever,” and added that the partnership allows it to become “truly multi-chain, ensuring seamless transactions across different networks.” Ledgity is designed to offer…
According to Geoff Kendrick, Head of FX Research and Digital Assets Research at Standard Chartered Bank, Bitcoin is predicted to reach an all-time high by the end of the week. This prediction comes in light of the potential approval of spot Ethereum ETFs this week; Kendrick believes these funds will further legitimize the cryptocurrency industry and have a positive impact on Bitcoin. “I expect Bitcoin to reach its all-time high of $73,798, March 14, by the end of the week,” Kendrick said in a recent email. Kendrick also expressed increased optimism this week about the potential approval of spot ETH…
xrp.cafe has emerged as the dominant force in the XRPL ecosystem’s NFT marketplace, solidifying its position as a top dApp with the launch of its innovative Automated Launchpad.—Since its inception in late 2022, xrp.cafe has achieved remarkable milestones, boasting over 8,088,249 XRP in secondary sales and 1,803,786 XRP in primary mint sales. The platform curates more than 3,000 unique collections and attracts a vibrant community of over 20,000 monthly users. With over 100,000 combined offers, xrp.cafe leads in liquidity and enjoys three times the active users of its nearest competitor.The platform’s growth parallels the regulatory clarity for XRP, bolstering the…
Friend.tech, a decentralized social media platform built on the Base network, announced Friday that it is developing its own blockchain, called “Friendchain,” in collaboration with Conduit, a crypto-native infrastructure platform. $FRIEND, the native token of Friend.tech, is set to empower the new blockchain. We’re pleased to be working with @conduitxyz on Friendchain, our own blockchain that uses $FRIEND as a fully transferable gas token. We’ll keep you up-to-date with all the info you need over the coming months as we build out this exciting new chapter. pic.twitter.com/HRa26vfFEX — friend.tech (@friendtech) June 8, 2024 Launched in August 2023, Friend.tech has quickly…
Liquidswap, the leading Automated Market Maker (AMM) on the Aptos blockchain, has integrated with MetaCRM’s top service. This integration is a big step forward for both platforms. It allows users to get support from moderators easily through website widgets and Discord. This means Web3 users can now enjoy faster and more efficient help. ✨Integration Announcement ✨We’re thrilled to announce that #Liquidswap on 🌉@PontemNetwork has now integrated with #MetaCRM for #Service! 🚀 👯 Users of #Liquidswap, the first #AMM for @Aptos, boasting $31.2M TVL and 37K monthly #UAW, can now easily interact with #Mods and… pic.twitter.com/gQ6zozgqJd — MetaCRM (@metacrm_inc) June 24,…
As per a latest report by Glassnode, the Bitcoin market is now cooling off after several months of intensive distribution pressure. Even though actual FDI remains comparatively low, the shift in sell-side pressure coupled with reduced volatility increases the probability of a large shift on the horizon. #Bitcoin markets have experienced a cool down after several months of intense distribution pressure. Whilst capital inflows remain modest, the lightening of sell-side, and compression of volatility suggest a bigger move could be on the horizon.Discover more in the latest Week… pic.twitter.com/VudlMGElPr — glassnode (@glassnode) May 21, 2024 Realized Cap Indicates Slowdown in…
Fintech company Fideum has launched a launchpad to democratize access to promising crypto projects, according to a June 25 statement. The platform would offer investors a secure and user-friendly interface to access high-potential crypto projects. It is also designed to emphasize inclusivity, fairness, and transparency that would attract both seasoned and novice investors to the crypto market. Anastasija Plotnikova, Fideum’s CEO, described the launchpad as a significant step towards making crypto investment accessible. She stated: “Fideum’s Launchpad is a significant step forward in our mission to empower investors with a reliable and accessible gateway to the evolving crypto investment landscape.”…
Announced in April 2024, the Join Accumulate Machine (JAM) represents the biggest-ever update to Polkadot since the blockchain first became fully operational in 2021. It will bring deep changes to the Relay Chain, the center of the project’s ecosystem, which underpins all its independent parachains. The JAM upgrade’s proposed technical principles and aims were outlined in the JAM Gray Paper, penned by Polkadot creator Gavin Wood. Polkadot relies on decentralized leadership to decide the future of the project, and the proposed update was confirmed after a near-unanimous vote of approval from DOT holders in May 2024. What is JAM? JAM…
Taurus, a fintech startup that offers digital asset infrastructure, has expanded its custody and issuance platforms to the Stellar network. The FINMA-regulated Taurus announced the expansion on Monday, June 24, noting that Taurus-PROTECT and Taurus-CAPITAL are now live on Stellar. The two platforms are the regulated firm’s custody and digital issuance and tokenization services respectively. As such, the integration will see Taurus provide custody of any assets tokenized on Stellar. The firm’s technology will also support asset-agnostic issuance on the crypto platform. “Integration with Stellar seamlessly aligns with Taurus’ strategic growth as the blockchain has been optimized and built for…