Author: NBTC
Famous American actor and professional actor John Cena becomes an honorary member of the Shiba Inu community. The team behind the Shiba Inu ecosystem revealed the development over the weekend while reacting to an X post from its Telegram group admin, Xander Shib. Never Give Up In the post, Xander urged Shiba Inu enthusiasts to keep living the dream and never give up. The team member attached a gif to the tweet showing John Cena holding a banner with the caption, “Never Give Up.” Reacting, Shiba Inu’s X handle shared a fun fact about the professional wrestler, noting that John…
Nimble Network, a decentralized orchestration layer that uses AI technology, has recently announced its latest collaboration with Rivalz Network. The partnership between Nimble Network and Rivalz Network will substantially improve the reach and capabilities of the AI apps with the provision of a resilient foundation for upcoming innovation. The platform revealed the details of this initiative on its official social media account on X. We are thrilled to announce our brand new partnership with @Rivalz_AI!Rivalz Network is launching an AI-driven DePIN RollApp to establish the infrastructure for an AI Data Provenance layer and a modular AI-app ecosystem.This partnership will allow…
Although Bitcoin is attempting to mount a recovery, technical indicators suggest that investors should be concerned. In particular, according to an analysis by investment research platform Game of Trades in an X post on July 2, Bitcoin has broken back into its rising channel around $62,000 after spending four months above it. Based on this movement, the platform pointed out that Bitcoin’s downside risk is now elevated. “Bitcoin has now broken back into its rising channel after spending 4 months above it. Until the channel resistance is reclaimed, downside risk is elevated,” the platform noted. The analysts pointed out that…
Crypto prices are bouncing back after two rough days. Bitcoin climbed over 5%, hitting $68,151, and Ethereum rose 3% to $3,270 at press time. This comes as investors move back into riskier assets. Stocks like the Nasdaq Composite and S&P 500, which had their worst day since 2022 earlier this week, also saw gains. Coinbase jumped 4%, and MicroStrategy leaped 9%. Bitcoin got a boost when the Federal Reserve’s favorite inflation gauge, the personal consumption expenditures price index, showed prices had eased a bit in June compared to a year ago. This news makes a September interest rate cut seem…
Core DAO achieves a milestone of 20 million unique addresses, highlighting its rapid adoption. Core DAO’s impressive growth secures its position as a top gainer in the cryptocurrency market. Core DAO has emerged as a prominent cryptocurrency, attracting investor attention throughout July. Its initial release sent shockwaves through the cryptocurrency world, as the project effectively blended the decentralization and security of Bitcoin with the scalability and usability of Ethereum. Core: Remarkable Performance and Market Success As of this writing, the value of Core DAO’s native token, CORE, has increased by 13.89% over the last 24 hours, reaching $1.64. This outstanding…
Bitget Wallet, a leading cryptocurrency wallet operated by the Bitget exchange, has broadened its capacity to new horizons and improved user access to operate with TON blockchain. This strategic enhancement is poised to unlock a host of new assets and opportunities for Bitget users by simplifying the process of token swaps on the TON chain. This update not only reflects Bitget’s adaptive approach to emerging blockchain ecosystems but also underscores their commitment to broadening user access to diverse crypto assets. With the integration of TON chain tokens, Bitget Wallet users can now perform swaps with ease, tapping into the rapidly…
Standard Chartered Bank’s head of forex and digital assets research, Geoffrey Kendrick, predicts Bitcoin could reach a new all-time high in August and hit $100,000 by the US presidential election in November. Kendrick’s forecast is contingent on Joe Biden remaining in the presidential race, a scenario he believes the market perceives as favoring a Donald Trump victory. The analyst views Trump as “bitcoin-positive,” noting a correlation between the former president’s electoral odds and Bitcoin’s price. “The logic here is that both regulation and mining would be looked at more favourably under Trump,” Kendrick explained. He also outlined an alternative scenario…
This week, the crypto industry saw the launch of spot Ethereum ETFs, a big step for the market. Nine companies, including Franklin Templeton and VanEck, got the green light from the SEC to introduce these ETFs. However, things didn’t kick off with a bang. Franklin Templeton’s Franklin Ethereum ETF (EZET) started off on a shaky note, dropping about 10% since its launch. This drop is part of a broader sell-off in the crypto market. David Mann, head of ETF product and capital markets at Franklin Templeton, commented that: “We think they’ll be a hit, but whether they’re going to get…
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of the Drex pilot. The platform will be launched in tandem with the second pilot phase of the Brazilian CBDC, and it will not feature its own blockchain. Tecban to Pilot Brazilian Drex-Based Tokenization Platform More and more solutions are being tested to solve use cases related to drex, the upcoming Brazilian central bank digital currency (CBDC). Tecban, a fintech that specializes in offering network…
The BNB Foundation has recently announced another milestone. As per the company, BNB Chain has effectively accomplished its twenty-eighth token-burning event for its native BNB coin, with a cumulative of 1,643,698.8 tokens burned. As a result of the respective event, a substantial decrease is taking place in the cumulative BNB token supply. This reportedly contributes to the overall value and health stability of the entire BNB ecosystem. BNB Chain made this announcement on its official blog today. BNB Chain Accomplishes Its Twenty-Eighth Quarterly Token Burn of BNB BNB plays the role of the local token working on the BNB Chain…