Author: NBTC

According to data provided by Google Trends, searches for the XRP cryptocurrency recently reached a new peak, overshadowing the 2017 peak. The Google Trends score is meant to display the overall search interest for a certain term on a scale from 0 to 100, with 100 indicating peak popularity. Ethereum (ETH), for comparison, displayed significantly lower search interest in December compared to XRP with 22 points. Bitcoin, however, was ahead of XRP in terms of search interest (43 and 28 points, respectively). The crypto king managed to generate a lot of headlines with its recent rally above $100,000. Hence, this…

In a significant strategic development, HashKey Chain has commenced a collaboration with OKX Web3 Wallet. In this partnership, OKX Web3 Wallet is becoming the 1st official collaborator wallet of HashKey Chain, denoting a landmark for both companies. The platform disclosed this move on its official social media account. ✨Strategic partnership announcement: HashKey Chain x OKX Wallet Partnership @wallet @OKXWeb3_CN HashKey Chain partners with OKX Web3 Wallet! Upon the mainnet launch, OKX Web3 Wallet will be the first official partner wallet. 🎉 Users interacting via OKX Web3 Wallet will… — HashKey HSK (@HashKeyHSK) December 16, 2024 HashKey Chain’s Collaboration with OKX…

Ripple’s XRP is currently up by more than five percent in the last 24 hours and is trading at $2.45 levels. Despite being up by more than 35 percent in the past week, the altcoin is yet to hit the ATH, which sits at $3.84. Majority of the top 10 altcoins are currently recording gains and Bitcoin is once again trading above the $100,000 mark. XRP has encountered strong resistance near the $3 mark, specifically around the 1618 Fibonacci extension at $3. Recently, XRP reached a high of just over $2.90, falling short of breaking the $3 barrier. This hints…

On-chain active loans have returned to levels not seen since the peak euphoria of 2021. The proxy metric for DeFi activity shows borrowers had confidence in the bull market up to this point, seeking gains through collateral-based loans. DeFi lending has become one of the leading apps in 2024. While the overall DeFi value locked is still lower than in 2021, on-chain loans are just as active as during the previous bull cycle. The on-chain leverage metric reveals a more mature market, where the leading protocols have spread to multiple chains. Additionally, the current on-chain leverage is only similar to…

South Korea’s largest cryptocurrency exchange Upbit has seen significant trading activity across a variety of altcoins over the past 24 hours. Here’s a detailed breakdown of the most traded coins and their performance. The information below shows the ranking of these altcoins by volume and the ratio of their trading volume to the total volume on the exchange. XRP (XRP) Trading volume in the last 24 hours: $707 million – 16.64% Bitcoin (BTC) Trading volume in the last 24 hours: $300 million – 7.08% Ethereum Name Service (ENS) Trading volume in the last 24 hours: $257 million – 6.07% BORA…

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Today, Scroll, Axiom, developer Max Gillet and the Ethereum Foundation’s Privacy & Scaling Explorations (PSE) team are announcing OpenVM, an open-source zkVM framework for instant proving. OpenVM will be adopted by the Scroll L2 as its zkVM, and plans to validate mainnet blocks in coming months. This transitions Scroll from a currently Type-3 to a Type-1 zkEVM — the most fully Ethereum-equivalent zkEVM type. Scroll’s upgrade to a Stage-1 rollup with a fully functioning proof system will follow soon thereafter. According to a press release, Scroll’s decision…

A prominent investor (whale) has accumulated 96,800 AAVE, resulting in a substantial unrealized profit of $15.31M. Recent activity includes borrowing 3M GHO to purchase 9,702 AAVE, demonstrating continued confidence in the asset. The average purchase price of $183.4 per AAVE underlines strategic buying amid price dips. Despite the constantly changing dynamics of investment in cryptocurrencies, actions by big-volume holders, or ‘whales’ as they are usually referred to, hold some bearings. In the past few days, one of the most famous whales has been increasing its holdings of AAVE, an emerging decentralized finance token, despite the fact that its prices have…

Ronin, the Layer 1 blockchain developed by Sky Mavis, experienced a significant 149% year-over-year increase in DeFi TVL, reaching $147 million in Q3 2024. There are several factors influencing this growth. One of the major catalysts was, however, the price surge of the RON token. Ronin’s DeFi, NFT Demand Grows According to Messari’s latest report, Ronin’s DeFi TVL rose from $59 million in Q3 2023 to $147 million in Q3 2024. The figure was boosted by a 30% increase in the RON token price and wider ecosystem adoption. At the same time, native token TVL fell by 36%, from 128…

Kima Network has partnered with Tashi, a side-chain and Decentralized Physical Infrastructure Network (DePIN) technology focused on gaming. This collaboration aims to leverage the strengths of both platforms to enhance blockchain integration within the gaming sector. Kima Network 🤝TashiWe are thrilled to announce our strategic partner, @tashiggofficial – a side-chain and DePIN technology for gaming.📢Together, we will work on implementing joint marketing activities to drive blockchain innovations across our communities.📢Moreover,… pic.twitter.com/d6ZNSzmfv3 — Kima Network (@KimaNetwork) December 16, 2024 Tashi is poised to benefit from Kima’s cross-chain payment railways and enable stablecoin payments across all major chains, including Ethereum Virtual Machine…

Chainlink’s real-world asset tokenization efforts and whale accumulation have fueled a robust price surge, with a 100% surge in crypto whales holding LINK. By utilizing tools like The Graph for data indexing and AerodromeFi for liquidity management, BetSwirl enhances its trustless gaming experience. Decentralized gaming platform BetSwirl announced its expansion to the Ethereum Layer 2 network Base. The platform’s integration with Base is bolstered by Chainlink’s Verifiable Random Function (VRF) 2.5, ensuring transparency and security in onchain gaming. BetSwirl chose Base for its core strengths: robust security, low transaction costs, and a developer-friendly environment. Additionally, Base’s focus on innovative solutions…