Author: NBTC
Despite not having launched its mainnet, Berachain has raked in more than $1.7 billion in deposit vaults as investors seek rewards for helping bootstrap protocol liquidity. The pre-launch deposit vaults, which opened in collaboration with Berachain, allow users to deposit Wrapped Bitcoin, Ethereum, and other supported assets via protocols like StakeStone or Lombard Finance in order to gain early access to Berachain—a hotly anticipated layer-1 blockchain network. Deposits are currently split across 12 different protocols, all of which are offering users access to Berachain before its next big step, Boyco—described as “a pre-launch liquidity platform designed to help Berachain’s application…
Eric Trump, son of pro-crypto US President-elect Donald Trump, has disclosed the top cryptocurrencies that he personally holds. In a recent interview with Benzinga, Eric Trump revealed his cryptocurrency stash, which included Bitcoin and three altcoins. He also discussed plans to work closely with his father to make America a global crypto hub. Eric Trump Holds Sui and Solana Eric Trump, who serves as the Trump Organization’s vice president, mentioned crypto assets in his personal collection. As expected, he disclosed that he holds Bitcoin, an asset he has long been bullish on. Recall that he mentioned in the Bitcoin MENA…
Starknet, an Ethereum Layer 2 scaling solution, has experienced impressive growth so far in 2024, according to a report from blockchain analytics platform Messari. The network’s total value locked (TVL) has surged by 550% year-to-date, reaching $252 million, largely driven by the public launch of the STRK token in February 2024. Starknet’s ecosystem also is expanding across DeFi, gaming, and infrastructure. One of the standout initiatives propelling this growth is the DeFi Spring program, which was designed to incentivize participation across Starknet’s decentralized finance protocols. The first phase of DeFi Spring distributed 40 million STRK tokens between February and October…
TOX, a prominent Web3 traffic platform, has announced its exclusive partnership with LuluChain. The collaboration aims to integrate blockchain technology with emotions to offer more value. The endeavor will reportedly enable the communities of both companies to explore new integration opportunities. Thus, they can anticipate unparalleled value as a result of this effort. Overall, the partnership focuses on increasing consumer engagement in the Web3 sector. 🤝 Partnership Announcement 🤝We’re excited to announce our collaboration with @LuluchainGlobal!🎆 LuluChain is where emotions meet #blockchain, turning heartfelt connections into valuable digital assets through our Emotional World Asset (EWA) model.Together, we aim to… pic.twitter.com/aq2QSCPll4…
Bitcoin reached an all-time high of $98,000 today, driven by institutional capital inflows and growing institutional interest in digital assets, according to QCP Capital’s latest report. QCP Capital: Bitcoin Likely to Remain Strong Until the End of the Year The report highlighted the significant demand for call options expiring in January, March and June 2025, underlining the market’s strong confidence in Bitcoin’s long-term outlook. Bitcoin ETF Inflows Are Increasing Over the past three days, Bitcoin ETFs have recorded a cumulative net inflow of $1.84 billion, contributing to total U.S. ETF inflows of over $29.4 billion this year. These inflows are…
Several crypto hedge funds saw positive returns last year, but none could match Bitcoin’s remarkable performance, which surged 120% to surpass $100,000 for the first time. In 2024, many crypto hedge funds achieved double-digit returns, with the VisionTrack Composite Index, which tracks the performance of 130 crypto-dedicated hedge funds, jumping 40%, according to data provided by Galaxy’s VisionTrack. Still, those gains fall short compared to the progress achieved by the leading crypto. Hedge funds struggle to outperform Bitcoin’s record-breaking surge Several hedge funds strive to distinguish themselves with proprietary or innovative investment strategies that don’t always involve purchasing the largest…
Sandeep Nailwal, co-founder of Polygon, is trying to crack a mystery. He wants to know why Vitalik Buterin, Ethereum’s co-founder, has stayed silent about Polygon PoS, a network that has arguably done more for Ethereum adoption than any other. Sandeep vented on X, saying, “Chain Yoda asked me why Ethereum’s social layer resisted PoS instead of supporting it… why Vitalik himself has endorsed Solana as a community of builders but almost never Polygon PoS.” Sandeep didn’t have an answer. Instead, he pointed to a mindset problem: “Our bias towards adopting and indisposition towards Definitions.” Polygon PoS has grown into one…
Samson Mow, prominent Bitcoin advocate and the CEO at JAN3, has published an important warning about Bitcoin approaching the $100,000 level. In the past day, the world’s leading cryptocurrency has reached a new record price peak slightly under $98,000. Mow’s Bitcoin buy warning Watching as Bitcoin rapidly approaches $100,000, Mow tweeted that the chances of buying BTC below the “$0.10 million” level are fading away quickly. He said: “You can still buy #Bitcoin for less than $0.10M.” You can still buy #Bitcoin for less than $0.10M. — Samson Mow (@Excellion) November 21, 2024 Once Bitcoin steps over the $100,000 threshold,…
Tron founder and crypto billionaire Justin Sun has taken to his official account on the X social media platform (formerly known as Twitter) to hint that he could easily basically become a rival to Elon Musk in the crypto space by offering to acquire TikTok. Justin Sun says he could offer to buy TikTok As reported by mainstream media earlier, Chinese authorities are now considering an option of selling TikTok US to tech mogul Elon Musk who already owns X – a platform widely popular with the global crypto community and lovers of other industries, memes, etc. Justin Sun commented…
XRP, the sixth-largest cryptocurrency by market capitalization, has seen significant token transfers over the last 24 hours. Blockchain data tracker Whale Alert reported two large XRP transactions within this time frame, totaling about 44 million XRP shifted. Both transactions involved moving substantial amounts of XRP from prominent exchanges to unknown wallets, typically a signal of either large-scale accumulation by whales or preparation for use in off-exchange activities. According to Whale Alert, the most recent transaction involved the transfer of 18,783,349 XRP (valued at approximately $27,227,070) from Major crypto exchange Binance to an unknown wallet. 🚨 🚨 18,783,349 #XRP (27,227,070 USD)…