Author: NBTC

BigBang DAO, a well-known decentralized autonomous organization focusing on using Web3 technology, has commenced a new partnership with Bitgert, a rapidly developing crypto ecosystem. As per BigBang DAO, the collaboration aims to advance the AI-led decentralization. The platform disclosed this development on its official social media account. BigBang DAO Joins Forces with Bitgert to Revolutionize DeFi by Integrating AI BigBangDAO’s partnership with Bitgert is a crucial landmark in expanding the boundaries of blockchain technology. The partnership integrates the decentralized governance and artificial intelligence. Bitgert has gained a considerable attention for gas-effective and rapid processing speeds. Apart from Bitgert’s blockchain, it…

Kremlin-backed social network VK will close its NFT platform this month, following a year of deepening losses and a planned $1.36 billion share issue to reduce debt. Russian social media company VK plans to shut down its marketplace for non-fungible tokens, VK NFT Hub, on April 15, the team said, ending a service that was launched in December 2022. In a public announcement, users were told to transfer their tokens to external wallets before the deadline. After April 15, the special visual markers on VK associated with NFTs — small neon diamonds that appeared on avatars — will be removed,…

Bitcoin fell sharply on April 7, dropping nearly 7% to a three-week low of $77,077. The decline occurred days after U.S. President Donald Trump announced massive new import tariffs, which sparked concerns about a new trade war and a slowdown in the world economy. The crypto market initially showed some resilience last week, with traders speculating that Bitcoin might act as a “safe haven” as tech stocks slumped. But by Sunday night on Apr. 6, that narrative had flipped. As U.S. stock futures opened in early Asia hours, markets turned red. The Nasdaq 100 contracts fell 5% and both the…

The partnership between UniLend Finance and GPUs.ai is a vital development towards the implementation of artificial intelligence (AI) technologies in decentralized blockchain systems. The partnership aims to expand the boundaries of Web3 by combining the innovations of the UniLend financial system with the virtual AI computing resources of GPUs.ai. The joint initiative includes the creation of a marketplace for finding and earning income from AI agents along with their modules. Users on this platform can both distribute and buy AI-powered solutions, as well as use them in a decentralized operating system. Users will benefit from the marketplace through optimized AI…

Goldman Sachs has adjusted its expectation for a Federal Reserve’s rate cut, believing that if an economic recession hits, the risk of the Fed further easing policy is higher, with rate cuts by 200 base points in the next year. Goldman Sachs now expects the US Federal Reserve to start a series of rate cuts in June, which is earlier than the previously predicted July. The chances of the Fed going this route would be part of a precautionary easing cycle. Goldman Sachs Predicts Recession and Fed Cut Rates Goldman Sachs has assumed that if the US avoids a recession,…

Ripple has moved a substantial amount of XRP tokens across different wallets, locking up half of the volume despite witnessing no escrow release for April yet. The Ripple escrow system is observing an anomaly in April, a trend that has persisted since last year. Specifically, the system has not triggered the release of any tokens from escrow, a deviation from the usual pattern that sees 1 billion XRP released on the first day of each month. However, despite not witnessing any escrow release for April, Ripple has carried out its typical whale movements for the month. Specifically, Whale Alert confirmed…

Zypher Network has announced a strategic collaboration with ElizaOS. Through this collaboration, the two companies intend to create the first zero-knowledge computing layer that focuses on trustless AI agents and large-scale decentralized applications (dApps). This innovation introduces a data security processing framework based on a distributed mining architecture. The computing layer implements Proof of Prompt and Proof of Inference as its core mechanisms. These mathematical functions enhance authentication and data verification while protecting user privacy. AI agents process requests and output responses through their components, which protect internal operations while keeping information safe in a verified and protected environment. The…

Chinese Stock Market Decline: On Monday, April 7, the Shanghai Composite Index dropped approximately 6.34% to around 3,130.17, Hang Seng Index fell about 10.70% to 20,404, reflecting significant losses in the Chinese stock market. The Chinese stock market opened earlier on Monday, April 7, with significant losses. The wider Asia stock market recorded palpable losses as more investors fled the highly volatile global equity market towards bonds and gold markets. For instance, the Shanghai Composite index had dropped around 6.34 percent to trade about 3,130.17 on Monday during the early Asian trading session. The Hang Seng Index in Hong Kong…

A popular crypto analyst, presenting via a YouTube podcast, identified Real-World Asset (RWA) tokens he expects will dominate the next phase of crypto market growth. The analyst highlighted the RWA sector’s 2024 successes and stressed the potential opportunities ahead for crypto investors going into Q2 2025. For instance, he believes RWAs will become a $30 trillion industry globally by 2030, suggesting investment in the sector now could prove prudent. The analyst specifically identified Clearpool (CPOOL), Ondo Finance (ONDO), Plume (PLUME), and Mantra (MANTRA, token OM) as leading RWA projects positioned to potentially lead this next market phase. He cited fundamental…

President Trump’s ‘Liberation Day’ tariffs yesterday wiped roughly $140 billion from the cryptocurrency market within a matter of hours. Notably, the announcement of the new duties being imposed caused an immediate sell-off from short-term Bitcoin (BTC) holders. To be more precise, short-term traders sold a total of 18,930 Bitcoins in the immediate aftermath of the trade war’s latest chapter, per a chart shared on April 3 by noted crypto chart researcher Ali Martinez on X. The multicolored Spent Output Age Bands (SOAB) chart delineates liquidations based on position age. Traders who had been holding Bitcoin for one to three months…