[ad_1] Layer 1 network Flare has proposed the launch of XRPFi, which will bring DeFi functionalities like staking, lending, and borrowing to XRP holders. The Flare team announced the move on April 10, teasing the ploy to DeFi-hungry XRP holders. The integration will bring decentralized finance features to XRP enthusiasts, allowing them to earn incentives on their stash beyond the asset’s price performance. Flare to Bring DeFi Functionalities to XRP In an X post, Flare teased the launch of FXRP for XRP holders, a pool that brings decentralized features to enthusiasts. The team noted that the XRPFi initiative would bring…
Author: NBTC
[ad_1] An analyst has drawn a provocative comparison between Ethereum and Nokia, a once-dominant tech platform that failed to adapt quickly enough to a changing competitive market. The comparison comes amidst the ongoing Ethereum versus Solana debate. It goes back years and reflects a deeper tension between legacy dominance and next-gen performance. It concerns which platform is better suited to become the backbone of Web3, DeFi, NFTs, and the broader crypto economy. Analyst Compares Ethereum to Nokia The analyst warns that, like Nokia, Ethereum could be headed for a slow decline, much like the once-dominant mobile phone maker that Apple…
[ad_1] Global trade tensions, especially tariffs from China and the EU, are contributing to increased volatility in both traditional and crypto markets, with Bitcoin and Ethereum particularly affected. While Bitcoin shows short-term strength, long-term projections remain uncertain amid macroeconomic instability and mixed investor sentiment. The cryptocurrency market is facing heightened volatility as China and the European Union (EU) impose significant retaliatory tariffs on U.S. goods. These developments have sparked concerns about potential downturns in digital asset valuations, particularly Bitcoin (BTC). As a note, since 2021, as CNF reported, China has been dominating Bitcoin’s hash rate and the broader crypto market.…
[ad_1] Bitcoin (BTC), the top cryptocurrency by market cap, is currently testing a key technical level that could decide its short-term direction, as it is approaching the middle line of the Bollinger Bands on the daily time frame. That is a zone often seen as a pivot between bullish and bearish phases. The key level to watch is $83,368, which is the middle band of the Bollinger Bands indicator. After going down for a while, Bitcoin is trying to get back up, trading just below this threshold. If it can get past the middle band, it could be a sign…
[ad_1] The direct trade dispute between the United States and China escalated further Wednesday, even as broader market sentiment saw relief. China announced an increase in tariffs on US goods to 84%, which is to take effect on April 10. This represents a direct response to President Donald Trump’s earlier imposition of a 104% tariff on Chinese imports. These tit-for-tat measures have intensified the ongoing trade war between the two largest global economies. How Did Markets React to Conflicting News? Interestingly, while specific US-China tensions worsened, broader financial markets, including crypto, showed slight recovery in the last 24 hours. The…
[ad_1] The sUSD stablecoin by Synthetix is having its second de-pegging episode for the past month. This time, the asset-backed stablecoin fell under $0.90, with a low around $0.83. The sUSD stablecoin issued by Synthetix has fallen below $0.90, with a low around $0.83. This is the second de-pegging event for sUSD in the past month. The stablecoin is issued on a relatively small scale, with only 30.3M in circulating supply. The sUSD stablecoin may face more de-pegging events due to a shift in its collateral and minting rules. | Source: Coingecko For sUSD, this is the second de-peg since…
[ad_1] Bitcoin (BTC) surged roughly 6% in the last 24 hours following Trump’s announcement of a 90-day tariff pause for most countries—excluding China. However, technical indicators suggest that while buyers are stepping in, the upward trend might not be strong enough. The DMI shows rising positive pressure but a weakening overall trend. Meanwhile, the EMA structure hasn’t confirmed a full reversal, leaving the door open for both further gains or a potential pullback if momentum stalls. Bitcoin DMI Shows Buyers Are In Control, But The Trend Isn’t That Strong Bitcoin’s Directional Movement Index (DMI) chart reveals a noticeable shift in…
[ad_1] Rarible is about to launch a new experimental platform specifically designed for NFT trading: Rarible.FUN, created by traders for traders. The difference lies in the fact that on traditional platforms, NFTs are generally purchased to hold them, or in any case to put them in a portfolio while waiting to possibly resell them, whereas in this case the time horizon is much shorter, because it is that of traders, and the focus is not on holding. Rarible.FUN: the new platform for NFT trading MegaETH The launch of Rarible.FUN The comments of the dirigenti Rarible.FUN: the new platform for NFT…
[ad_1] Elon Musk, Tesla CEO and the boss of the US Department of Government Efficiency (playfully contracted as D.O.G.E. to honor Musk’s favorite cryptocurrency) has published a tweet featuring Kekius Maximus character based on the Pepe the Frog meme. Musk has done that for the first time in four months and quickly triggered the reaction of the crypto community, in particular those that support the PEPE meme coin. The publication of the tweet on Wednesday night coincided with the meme asset’s significant price jump. Musk returns with Kekius Maximus tweet Musk published an image of the meme character derived from…
[ad_1] The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his address at the American Bankers Association’s Washington Summit on April 8 to lay out the U.S. Federal Deposit Insurance Corporation’s (FDIC) updated stance on digital assets and blockchain technology, emphasizing a shift toward regulatory openness. Hill highlighted that the FDIC has already revised key policies to reduce barriers for banks interested in crypto-related activities. The agency recently rescinded its…