Author: NBTC

AxLabs has launched the beta for GitMyABI, a new service aimed at improving smart contract development workflows. The tool benefits teams building on EVM-compatible blockchains like Neo X by integrating with Git repositories and automating ABI file management. Features and Functionality GitMyABI detects ABI files committed to connected Git repositories, allowing developers to share ABI access via URLs tied to branches, commits, tags, and releases. The platform’s automated approach is aimed at streamlining front-end and smart contract synchronization while reducing issues caused by outdated ABI files. The beta version supports any EVM-compatible blockchain and serves as an initial step toward…

Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation. Resistance is observed at $96,000, with short-term sellers likely reemerging near $97,500 and $98,000. Low trading volumes following the decline highlight indecision among market participants, making this a critical level for traders to monitor. BTC/USD 1H. On the four-hour chart, bitcoin has shown signs of consolidation…

Strategy (MSTR), the company formerly known as MicroStrategy, is an appealing investment for equity investors looking for levered bitcoin (BTC) exposure, investment bank KBW said in a research report Thursday. KBW assumed coverage of Strategy with an outperform rating and a $560 price target. The shares were 1% higher at around $329 in early trading. Once Strategy, the company co-founded by Michael Saylor, adopts the Financial Accounting Standards Board (FASB) updated accounting treatment for bitcoin holdings in the first quarter of this year, it will shift from an “outdated measurement approach to fair value accounting, with unrealized gains/losses flowing to…

An XRP community pundit makes a case for an XRP price rally to an ambitious five-digit figure, citing possible catalysts. Chad Steingraber, a game developer and prominent voice in the XRP community, outlined a vision for XRP’s potential to reach $20,000 per token. In his commentary, Steingraber highlighted several factors he believes could drive this dramatic price increase. 11 – This is where it gets interesting because the road to $20K #XRP involves PRIVACY. They’ve been very clear and honest with us –> #XRP was never meant for public retail trading. We were the pitchers in warm up practice before…

Token Terminal has shared the details about the leading blockchains according to their monthly active user statistics. The highest number of active users was recorded by Solana ($SOL) reaching 97.8 million. Solana blockchain demonstrates the highest level of engagement from users. Solana’s surge in active users has resulted from its fast transaction processing while decentralized applications (dApps) and the decentralized finance (DeFi) sector increase its user base. ⚡️ Top Blockchains by Monthly Active UsersMonthly active users measure the number of distinct addresses interacting with blockchains’ relevant contracts. According to the data from @TokenTerminal, @Solana, @BNBChain, @Base, @TronDao, and @Aptos have…

Mike McGlone, a senior macro strategist for Bloomberg Intelligence, believes that Bitcoin, the leading cryptocurrency by market capitalization, has been vaulted to the world’s top macroeconomic indicator. The analyst is convinced that the fate of risk assets could potentially hinge on the performance of the leading cryptocurrency. During a recent appearance on Palisades Gold Radio, a popular investing podcast, McGlone pointed to the fact that Bitcoin has a “very high” correlation to the stock market. In fact, it is at the highest level it has ever been on the 100-day basis. As reported by U.Today, Bitcoin experienced a severe price…

With billions in excess reserves, Tether now wants to accelerate its expansion into sectors beyond crypto, a report reveals. Tether (USDT), the $140 billion stablecoin issuer, is gearing up to expand its investments beyond the crypto space as the firm’s reserves grow, Bloomberg has learned, citing sources close to the firm. The firm’s financial muscle has been growing, and with $7 billion in excess reserves, Tether is now ramping up investments even further. A person familiar with the firm’s operations, speaking anonymously, explained Tether’s investment strategy might seem “haphazard,” but the firm is aiming to stay ahead of potential risks…

Neo Blockchain has officially partnered with PumpBTC to advance in reshaping the decentralized bitcoin finance known as BTCFi. This partnership seeks to bring PumpBTC into Neo’s advanced dApp ecosystem to provide a convenient and safe decentralized finance solution. PumpBTC and Neo X: A Perfect Match PumpBTC is a tool that assists BTC holders in getting the most out of their investments by utilizing DeFi. Neo X is an EVM-compatible sidechain that introduces Neo’s delegated Byzantine Fault Tolerance (dBFT) consensus algorithm. While addressing the issue of toxic Miner Extractable Value (MEV) at the protocol level in a novel way. Such advancements…

Michael Saylor, an American businessman and well-known Bitcoin bull, published a new X post today. The CEO of MicroStrategy is known for his sometimes rational, sometimes weird, but always viral posts about the leading cryptocurrency, and today’s is no exception. Saylor captioned an AI-generated image of him holding a physical BTC with the words: “Everyone is going to want your Bitcoin.” It is interesting that this post collides with a significant milestone for the leading cryptocurrency, as today marks 16 years since Satoshi Nakamoto announced in 2009 that Bitcoin would have a hard-capped supply of 21 million. Everyone is going…

In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since May 2020, when the central bank had lowered rates to mitigate the economic impact of the pandemic. The monetary stance remains neutral, with the Standing Deposit Facility (SDF) rate set at 6 per cent and the Marginal Standing Facility (MSF) rate and Bank Rate at 6.50 per cent. “The MPC decided unanimously to reduce the policy repo rate by 25 basis points from 6.50 per…