Author: NBTC

Blazpay, an advanced DeFi platform offering next-gen financial services with AI, has partnered with Coconut, a LINE-native L2 blockchain solution. The main purpose of this collaboration is to merge the AI-led DeFi capabilities of Blazpay with the privacy-first, scalable, and rapid L2 infrastructure of Coconut to advance social payments in the Web3 sector. Blazpay’s social media announcement discloses that the development will incorporate stablecoin support for the provision of borderless and seamless payment experiences. Hence, the users can anticipate improved accessibility, scalability, and privacy in DeFi transfers with this move. We’re excited to announce our partnership with@coconutsL2 – the LINE-native…

Ethereum holders are increasingly lining up to unstake their tokens, a trend that could put significant sell pressure on the cryptocurrency, according to one crypto expert. The Ethereum blockchain’s validator exit queue hit 855,158 ETH on Friday—the highest it’s ever been, according to validatorqueue.com. The tokens were worth a combined $3.7 billion as of late Friday, according to data provider CoinGecko. Staking is a process by which digital asset holders lock up their tokens to secure a blockchain network and earn rewards. Stakers may choose to unlock and reclaim their crypto amid uncertain market conditions, transferring them to comparatively risk-off…

The past week has been bullish for leading cryptocurrency Bitcoin (BTC) and altcoins. However, after BTC surged above $122,000 yesterday and failed to hold, BTC and altcoins have experienced significant declines in the last 24 hours. While experts stated that the continuation of the rise in Bitcoin and the market will depend on critical data from the USA, today the critical inflation data that the FED attaches importance to when making interest rate decisions was announced. Here is the data disclosed: Consumer Price Index Annual: Announced 2.7% – Expected 2.8% – Previous 2.7% Consumer Price Index Monthly: Announced 0.2% –…

Amid the sideways trend of the prominent meme coin Shiba Inu, a user has withdrawn trillions of SHIB from Coinbase, America’s largest crypto exchange. Shiba Inu is down 4% in the past seven days, but for this user, this might just be a temporary corrective phase. His on-chain activities prove so, as data shows he accumulated Shiba Inu worth millions of dollars at a go. Transaction Details Whale Alert highlighted this transaction in a Friday tweet, one that would trigger bullish sentiments around the Shiba Inu ecosystem. Notably, the whale moved 3 trillion SHIB from Coinbase Prime to a self-custody…

Ethereum is edging close to its all-time high after a powerful rally, but well-known trader Michaël van de Poppe is urging investors to be cautious. In a new market update, he outlined why ETH may be overextended in the short term and why taking partial profits could be the smarter move. Ethereum’s Rally and Mispricing Risks Ethereum has surged over 120% in less than two months, climbing from around $1,500 to above $4,700. Van de Poppe compared the current surge to Ethereum’s 2022 lows when the asset was trading near $1,300 after crashing from $4,800. At that time, the downside…

Half of the top 20 exchange-traded funds (ETFs) in the United States are linked to digital assets, underscoring the sector’s growing appeal to investors. On Monday, ETF analyst Nate Geraci said more than 1,300 ETFs have launched since the start of 2024, and crypto-linked assets dominated the top 20 investment products in inflows. These include Bitcoin (BTC) and Ether (ETH) ETFs, funds tracking leveraged ETH positions and Strategy (MSTR) exposure products. Geraci shared data that the top four overall assets by inflows are crypto-related, including BlackRock’s iShares Bitcoin Trust ETF (IBIT), which leads the pack with over $57.4 billion in…

In a calculated move that focuses on broadening its global presence, Tom Talk, a Web3 gaming platform, today announced its strategic collaboration with MZZC Global Foundation, a prominent global crypto investment and trading fund supporting the growth of Web3. With this alliance, Tom Talk aims to expand its decentralized expansion plan across major international markets. This partnership brings together a blockchain gaming firm and an established crypto investment fund + DeFi platform in an effort to expand Tom Talk’s footprint in the international Web3 gaming space. Tom Talk is a decentralized Talk-to-Earn gaming network that aims to onboard traditional online…

UAE introduced the integration of crypto in travel and tourism to boost its digital finance. Emirates signed a Memorandum of Understanding (MoU) with Crypto.com. Air Arabia, Travala, Destinia, and Alternative Airlines started crypto paymentc as an option. Driven by the global trend, the UAE introduced several crypto regulations to boost its digital finance. In July, Emirates signed a Memorandum of Understanding (MoU) with Crypto.com to explore ways to integrate crypto into travel payments. The full integration is expected to launch in 2026. Understanding the Emirate’s MOU with Crypto.com With the new initiative, passengers are allowed to pay for flights, upgrades,…

Ethereum’s latest attempt to push past its all-time high of $4.8K has faltered, leading to a painful correction. Despite this setback, the asset remains supported by multiple key levels, with heightened volatility likely as the market consolidates. Technical Analysis By ShayanMarkets The Daily Chart Ethereum buyers recently tested the $4.8K ATH but were met with strong selling pressure, likely stemming from profit-taking and distribution. This rejection triggered a 9% decline, pulling the price back into a corrective phase. Currently, ETH appears to be consolidating within the $4.2K–$4.8K range, which now serves as a critical decision zone. A breakout above the…

Circle’s stock spiked over 11.4% in pre-market trading Tuesday morning, surging on a bullish Q2 earnings report highlighting substantial year-over-year revenue growth for the stablecoin issuer, and major new offerings on the horizon. The stock, CRCL, eclipsed $179 early Tuesday. It closed at $161.17 Monday afternoon. Total revenue and reserve income for Circle exploded by 53% from last year’s second quarter, the company said, to $658 million. That growth was overwhelmingly driven by a 90% year-over-year increase in circulation of Circle’s flagship dollar-pegged stablecoin, USDC—which in turn allowed the company to earn $634 million in interest generated by reserves backing…