Author: NBTC

SunPump, the first meme coin platform on the Tron (TRX) blockchain, has teamed up with DWF Labs, a Web3 investor and market-maker based in Dubai, to improve the liquidity of the SUN token across the board. Following the announcement, the TRX price jumped a substantial 8%. In an X post (formerly Twitter), SunPump confirmed the news on Friday, stating that the partnership with DWF Labs will lead to “smoother trading and increased accessibility for SUN, fostering a more dynamic market presence.” The Tron-based platform further added: “By working with DWF Labs, a leading market maker in the crypto space, we…

During the Hong Kong Fintech Week, we interviewed the Co-founder of Chainlink, Sergey Nazarov, with whom we talked, of course, about blockchain, but also about AI. The new tools of Chainlink Chainlink and Swift: a close relationship Chainlink and the future of DeFi The relationship between blockchain and AI The new tools of Chainlink The protocol Chainlink launched the Blockchain Privacy Manager a few weeks ago, a tool that is used to make transactions even more private. Together with this tool, Chainlink has also recently announced the CCIP to execute cross-chain transactions protecting the privacy of sender and recipient thanks…

A widely followed crypto analyst is warning that Bitcoin (BTC) could plummet by double digits after failing to break out. In a new strategy session, crypto trader Justin Bennett tells his 110,800 followers on the social media platform X that Bitcoin is at risk of falling more than 11% of its current value. “BTC $53,000 has been my target since the $63,000 failure (see posts from mid-August), but don’t rule out $48,000. Markets love symmetry, and fake outs to one side of a pattern usually trigger extended moves in the opposite direction.” Source: Justin Bennett/X Looking at his chart, the…

Orderly Network, Web3 liquidity layer, has officially entered Sei, the first parallelized EVM blockchain, famous for merging the features of Solana and Ethereum. Sei blockchain developers will get access to Orderly’s order book, which means integrated cross-chain trading for EVM traders using well-known blockchains, such as Arbitrum and Polygon. This step will facilitate high-speed and efficient decentralized trading within Sei’s system. Expansion to Support High-Performance Trading Platforms Integrating Orderly Network on Sei enables native teams across the ecosystem to construct multi-DEXs and other trading mechanisms. Orderly’s liquidity layer is now available to be integrated by Sei developers, allowing for a…

A group of Japanese financial institutions urge the government to focus on major tokens such as Bitcoin and Ether in talks of allowing exchange-traded funds for cryptocurrencies. According to a Bloomberg report, a group of Japanese companies lodged a series of proposals on Oct. 25 with a title that translates into “Recommendations for the composition of crypto assets ETFs, etc. in Japan”. The country remains on the fence about whether it will permit the instrument. In the group’s proposal, it states that the majority of voices agree that if Japan decides to allow crypto ETFs, they would prioritize Bitcoin and…

A study by Nansen revealed that 90% of the supply of $NEIRO tokens was given to key opinion leaders (KOLs), which likely fueled the price surge. Token Unlocks, a website dedicated to tracking token distribution, highlighted this finding, emphasizing how token distribution can cause market changes. This allocation strategy was especially important in driving $NEIRO’s market capitalization to $300 million. Key Opinion Leaders Hold the Reins This emphasis on token allocations to KOLs suggests that they are becoming increasingly important in the crypto world. They can definitely sway market sentiment, especially when a large token holder decides to sell, potentially…

Sazmining is setting up a bitcoin (BTC) mining site in northern Norway that will heat a large building in a fishing village. The firm’s CEO, Kent Halliburton, told CoinDesk that other local businesses might spin up similar facilities. The miner doesn’t foresee regulatory scrutiny, despite the country’s previous restrictions on bitcoin mining. A bitcoin (BTC) mine is coming to the Arctic Circle. The 350-square-meter facility, conceived by retail-oriented bitcoin mining firm Sazmining, will be located in a small fishing village on the coast of Norway. Once it goes live on Dec. 1, it may well become the northernmost mining operation…

Ronin Network, a well-known blockchain famous for its wide transfer volume and extraordinary TVL, has announced an exclusive integration. As per Ronin Network, it has integrated the Cross-Chain Interoperability Protocol of Chainlink in the form of cross-chain infrastructure, bolstering the security of Ronin while facilitating matchless interoperability with several other chains. The platform took to its official X account to provide the details of this endeavor. Ronin🤝ChainlinkAdopting @Chainlink CCIP as our canonical cross-chain infrastructure is set to significantly enhance the strength & security of the Ronin network.@Psycheout86 & Chainlink’s Thodoris Karakostas break down the opportunity ↓ https://t.co/mGsGZc5eH0 — Ronin (@Ronin_Network)…

The price of Bitcoin (BTC), the leading cryptocurrency by market cap, has plunged by more than 10% since former MicroStrategy CEO Michael Saylor posted a bizarre picture of him riding a Bitcoin surfboard in a business suit. The price of the largest cryptocurrency recently collapsed all the way to $53,661. Earlier today, the price of the leading cryptocurrency briefly came close to the $57,000 level following a US jobs report that managed to alleviate recession concerns. However, Bitcoin then erased its short-lived gains and dropped sharply lower in tandem with US stocks. Saylor, whose firm holds a total of $12.1…

MicroStrategy’s trading volume reached 17.65% of Nvidia’s in October, despite its market cap being only 1.5% of the chip giant. MicroStrategy is just 8% away from reaching a $50 billion market cap valuation. Disclosure: The author of this story owns shares in MicroStrategy (MSTR). Bitcoin {{BTC}]-holder MicroStrategy’s (MSTR) soaring stock is driving up trading volumes relative to AI-proxy Nvidia (NVDA), one of the biggest companies by market cap, reflecting heightened investor enthusiasm. MSTR has surged over 240% this year, with prices doubling to $236 in the past five weeks alone, according to data source TradingView. That’s the highest level for…