Author: NBTC
LogX has announced a new partnership with Mint Blockchain, enhancing its offerings in the DeFi space. Mint, built on the Superchain, connects global consumers with NFTs, expanding the possibilities for decentralized finance. This partnership is expected to elevate trading to the next level and sees Mint introducing some unique features on its LogX platform. The partnership will bring an improved, enhanced and convenient DeFi experience to the users. LogX 🤝 Mint pic.twitter.com/f0k6M10CNU — LogX 🪵 (@LogX_trade) December 13, 2024 LogX Launches Quest with $13,000 OP Tokens and $10,000 LOGX Tokens in Prizes In this regard, LogX is offering a quest…
Polymarket bettors see a 90% chance of business intelligence firm MicroStrategy being added to the widely tracked Nasdaq 100 index. California-based information technology company Super Micro Computer (SMCI) and Massachusetts-based biotechnology company Moderna are on track to be removed from the index. The popular stock market index was launched back in 1985. Investors get exposure to this index with the help of the Invesco QQQ exchange-traded fund. As reported by U.Today, the tech-heavy index tends to have a high level of correlation with Bitcoin. The list of companies included in the index includes such big names as Apple, Nvidia, Amazon,…
John E. Deaton has slammed the SEC for its aggressive actions against companies and individuals, using Elon Musk’s recent legal clash as an example. Deaton highlighted a report that SEC Chair Gary Gensler had issued a settlement demand to Musk, threatening charges unless he complied within 48 hours. Musk’s lawyer, Alex Spiro, accused the SEC of harassment and politically motivated actions. Elon Musk has had a long-running feud with the SEC, starting in 2018 when the agency charged him with fraud over his “Funding secured” in his X post about taking Tesla private. Musk settled the case, paying $20 million…
Dogecoin is back in the spotlight, surging to a three-year high price recently amid a broader crypto market spike, not to mention continued promotion from Elon Musk, who will co-lead a government agency called the Department of Government Efficiency—yes, the DOGE. The original meme coin is all about vibes, and if you’re looking to bring more of that goofy fun into your life, then you can find Dogecoin and the meme dog’s likeness in several games. From a Fortnite-like battle royale shooter to a strategic trading card game and even a casual metaverse gaming world, here are seven games to…
The Ronin Network, a prominent Web3 gaming ecosystem, has officially integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its canonical cross-chain infrastructure. This monumental upgrade marks a pivotal step in Ronin’s evolution, laying the groundwork for enhanced security, broader accessibility, and future growth. #Chainlink CCIP is now officially live on @Ronin_Network, a leading Web3 gaming ecosystem, as the network’s canonical cross-chain infra.As voted by the Ronin community during a competitive bridge selection process, all assets bridged via Ronin Bridge are now migrating to CCIP. https://t.co/zWeP4UQEwU pic.twitter.com/FjGxmx3rUa — Chainlink (@chainlink) December 11, 2024 Following a rigorous bridge selection process, the Ronin community…
Bitcoin price started another decline and traded below the $98,000 support. BTC dipped toward the $95,000 level and is currently correcting losses. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could regain momentum if it closes above the $98,800 resistance zone. Bitcoin Price Takes Hit Bitcoin price failed to gain pace above the $100,000 level. BTC started another downside…
Polymarket is pricing in a 25 BPS rate cut in the US, predicting the Federal Reserve to announce the decision. This anticipated cut, projected during high inflation, could shift market sentiment significantly, with traders preparing for impacts across traditional and digital assets. Prominent analyst Crypto Rand suggested in a post on X (formerly Twitter) that such a rate cut could revive the crypto market, pushing Bitcoin well above its all-time high of $103,900. Rate Cuts and Bitcoin’s $100K Milestone On the other hand, rate cuts often boost Bitcoin’s appeal by lowering yields on traditional assets, prompting investors to seek riskier…
Paxos has launched the yield-bearing stablecoin wrapped Lift Dollar (wUSDL) on Injective, according to an announcement on October 16. Lift Dollar is a new yield-bearing stablecoin pegged 1:1 to the US dollar. The United Arab Emirates-regulated Paxos International, an affiliate of Paxos, launched Lift Dollar (USDL) in June this year. It’s a stablecoin designed to deliver daily yield to holders, with this distributed as dividends to the users’ wallets. The yield comes from the stablecoin’s reserve holdings including short-term US Treasury bills and cash equivalents. Paxos South America looks to bring these benefits to users within the Injective ecosystem via…
Hester Peirce calls for ending restrictive crypto regulations, enabling firms to access critical services like custody solutions. Jurisdictional clarity is a priority to help crypto businesses navigate SEC oversight and reduce compliance challenges. Collaborative rulemaking seeks transparent, inclusive policies by involving regulators, crypto stakeholders, and consumer advocates. Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has proposed significant reforms aimed at clarifying and improving the regulatory environment for cryptocurrencies. Speaking during an interview on Fox Business, Peirce outlined three critical steps to address existing challenges in the crypto sector. Her recommendations come amidst growing concerns over…
Blockchain Capital (BCAP), a venture firm in the blockchain landscape, has announced an upgrade initiative to revamp its innovative tokenized venture fund. The firm announced the matter on the X platform and highlighted two major upgrade programs for its tokenized venture fund. As part of the upgrades, BCAP said it completely migrated the fund to ZKsync. BCAP plays a crucial role in shaping the digital asset ecosystem. The upgrades on its tokenized venture fund demonstrate the company’s commitment to open up new opportunities for issuers and investors. .@blockchaincap brings its pioneering tokenized fund to ZKsync, reflecting a shared commitment to…