Author: NBTC

Spot Ethereum exchange-traded funds (ETFs) are making waves in the cryptocurrency world, drawing billions in new investments and reigniting interest in related projects. Among the beneficiaries of this surge is AirSwap (AST), a decentralized peer-to-peer (P2P) trading platform built on the Ethereum blockchain. Recently, AirSwap has experienced significant price movements and heightened investor interest, reflecting broader trends within the ETH ecosystem. Ethereum ETFs draw record inflows According to CoinShares’ latest report, Ethereum ETFs have attracted approximately $2.2 billion over the past week, marking the highest seven-day inflow figure since December 2020. This substantial influx of capital has invigorated the Ethereum…

Mantle Ecosystem has recently made a significant strategic investment in UXLINK, marking a pivotal moment in the continued development and expansion of both entities. This partnership promises to deliver seamless user experiences and enhanced ecosystem growth through collaborative efforts and shared goals. The alliance will leverage the strengths of Mantle’s diverse chain portfolios and UXLINK’s robust web3 social platform to create a synergistic effect that benefits users and developers alike. UXLINK stands out as the largest web3 social platform and infrastructure, offering users and developers innovative ways to discover and distribute crypto projects and assets. With a community of 15…

Michael Dell, CEO of Dell Technologies, recently posted a thought-provoking poll on X (formerly Twitter), asking the community to weigh in on what they considered the most important thing between the options: AI, Bitcoin, or love and relationships. This simple yet profound question piqued the interest of the crypto community, with a larger portion of respondents going for Bitcoin. The poll, which seemed to be a casual inquiry, caught the eye of Michael Saylor, MicroStrategy cofounder and CEO who reacted to the survey with a heart emoji. Saylor would later post an epic response to the Dell CEO’s tweet. #Bitcoin…

Despite the recent approval of spot Ethereum exchange-traded funds (ETFs) by U.S. regulators, Ether (ETH), the native cryptocurrency of the Ethereum blockchain, has continued its downward trajectory, raising concerns among investors. CoinMarketCap data showed ETH trading at $3,252 at the time of writing, up 2.3% in the past 24 hours. However, ETH had dropped from the highs of $3,500 to the $3,100 price level in the past few days, leaving market participants anxious on the token’s price trajectory. Notably, ETH is down almost 5% in the last seven days, 4% in the past month, but remains up 75% since July…

zkSync’s domain misuse report leads to permanent suspension, spurring significant investor interest. Buenos Aires adopts zkSync’s QuarkID to enhance citizen security and privacy using blockchain. This weekend, zkSync piqued the interest of investors, rocketing into the top five gainers on CoinMarketCap in the last 24 hours. As of the time of writing, the price of zkSync’s token, ZK, had risen by 8.67% over the last 24 hours, reaching $0.1951. This amazing surge includes a 23.82% increase in the last seven days, with a daily trading volume of $171.98 million. zkSync Team Reports Domain Misuse Leading to Permanent Suspension Interestingly, this…

Bybit is set to list Catizen (CATI) for pre-market trading on July 30, 2024, providing early access to tokens. The game has a robust user base and has generated $16 million from in-game purchases. Catizen significantly supports animal welfare by donating a portion of its profits to stray cat organizations. Catizen’s pre-market launch on Bybit offers a unique opportunity for early token acquisition, highlighting the game’s success and commitment to animal welfare. Catizen Pre-Market Listing: Key Details On July 29, bybit, a major crypto exchange, announced the listing of Catizen (CATI) on its pre-market platform. Pre-market trading will commence on…

TL;DR Arbitrum’s Expansion Proposal: The Arbitrum Foundation is considering extending its Orbit chains beyond Ethereum. The proposal is undergoing an initial “temperature check” vote on Snapshot, with results expected by August 1, 2024. Going Beyond Ethereum: If approved, new Orbit chains could launch on diverse networks like Bitcoin, Binance Smart Chain, and Cosmos. Rising interest from projects outside Ethereum has prompted this expansion. Financial Model and Community Support: Orbit chains share 10% of profits with the Arbitrum ecosystem. Preliminary results show over 99% community support for deploying Orbit chains across various blockchains. The Arbitrum ecosystem, known for its innovative Layer…

Despite Bitcoin’s strong start in early 2024, crypto mining stocks outperformed BTC after the halving, with Hut 8 and Bitfarms delivering the highest returns. The fourth Bitcoin halving event has brought significant shifts in the crypto mining landscape, impacting smaller mining firms more severely, analysts at CCData wrote in a research report. This is due to “suboptimal infrastructure and the lack of economies of scale,” As a result, private equity firms consolidated smaller firms and integrated their infrastructure, despite recent headwinds for Bitcoin (BTC) itself. This strategic interest has led to a noticeable performance in mining stocks, the analysts say,…

Ethereum price reached $67,432 on July, up 6% for the day as bull traders place bet worth $1.38 billion ahead of Trump’s speech at Bitcoin Conference this weekend. ETH price looks set to record more upside amid the ongoing market shakeup. Ethereum Price Pumps 6% on Trump Speech Speculations ETH price entered a worrying 13.45% downtrend mid-week amid a sell-the-news wave that greeted the spot Ethereum ETFs launch on Tuesday, June 23. However, the sector sentiment flipped bullish on Friday, July 26, as markets began to react to Donald Trump’s confirmed appearance at an upcoming Bitcoin Conference in the USA.…

U.S. President Joe Biden will end his campaign for a second term, he announced Sunday, sending memecoins tied to his campaign plummeting and slightly decreasing former President and Republican nominee Donald Trump’s chances on the Polymarket prediction market. Vice President Kamala Harris is now the leading contender for becoming the new Democratic Party nominee for the 2024 race, according to another Polymarket contract. Biden gave his No. 2 a shout out in his departure letter, endorsing her in a second tweet shortly after announcing the end of his campaign. “Today I want to offer my full support and endorsement for…