Author: NBTC
Stakely, a popular staking services provider, has improvised a new change in the Ethereum ($ETH) validators’ gas limit to 36 million. This decision was made after testing the Holesky network, which seeks to improve the network’s use and transaction costs. The update also focused on the fact that the platform remains dedicated to Ethereum’s scalability and optimization. 📢 We’ve increased the gas limit for our @ethereum validators to 36MAfter testing it for a month on the Holesky network with no issues, we’ve decided to increase it to improve the user experience and reduce transaction costs ⬇️ — Stakely (@Stakely_io) January…
WisdomTree has officially filed a Form S-1 registration statement with the Securities and Exchange Commission for a spot XRP exchange-traded fund, marking its entry into the growing field of asset managers seeking to launch XRP-based investment products. Bank of New York Mellon will serve as the administrator for the proposed trust, according to the December 2 filing. The planned ETF would track XRP’s price, which currently ranks as the third-largest crypto asset by market value. With this move, WisdomTree joins a growing group of asset managers seeking to introduce XRP-based funds in the US, including Bitwise and Canary Capital, both…
Ripple secured a dinner with President Donald Trump before his inauguration, with Cardano founder Charles Hoskinson revealing the company’s substantial financial investment to obtain this opportunity. Hoskinson, who chose not to attend Trump’s inauguration, made the comment following Ripple’s $5 million XRP pledge to Trump’s inaugural committee in December, followed by a dinner on Tuesday night. Hoskinson Prioritizes Hydra Doom Tournament The topic surfaced when USDM CEO Jillian Plomin posted an X poll about attending the Hydra Doom tournament in Las Vegas, jokingly asking about dress code. Charles Hoskinson chimed in, saying, “I mean, I am skipping the presidential inauguration…
Team members from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new Decentralized Autonomous Organization (DAO) that aims to accelerate the convergence of crypto and artificial intelligence (AI). According to a Jan. 9 announcement, the DAO will focus on fostering decentralized, open-source AI development and supporting high-potential projects across diverse ecosystems. Additionally, Aiccelerate positions itself as both an investment and development DAO. Its primary mission is to drive innovation in what it terms “agentic AI.” According to the statement: “We believe crypto AI is at an inflection point. Our mission is to accelerate the…
Bitcoin’s latest rally has State Street Global Advisors’ chief gold strategist, George Milling-Stanley, raising an eyebrow. Investors, he says, are falling for a dangerous illusion, mistaking Bitcoin’s meteoric rise for stability. According to Milling-Stanley, Bitcoin doesn’t even come close to matching gold’s time-tested safety, and the current frenzy is all about returns, not reliability. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping onto the return plays,” he said. This critique landed during the 20th-anniversary celebrations of SPDR Gold Shares ETF (GLD), the world’s largest physically backed gold ETF. It’s up more than…
Ethereum (ETH) could drop by 11% to reach the $2,850 support level if closes a daily candle below the $3,200 level. Currently, 53.07% of top traders hold short positions, while 46.93% hold long positions. At present, the short positions created by sellers are more than double the long positions held by buyers. Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is flashing a sell-off signal, hinting at a notable price decline in the coming days. Over the past three days, sentiment across the cryptocurrency landscape has shifted noticeably toward the bearish side, leading to a substantial price drop. Ethereum…
The cryptocurrency market is rallying, with several prominent tokens posting significant gains in the last 24 hours. Hedera (HBAR), Kaia (KAIA), EOS (EOS), Litecoin (LTC), and VeChain (VET) are the top performers, with sharp price increases and substantial trading volumes. This surge may signal renewed investor confidence and a broader market recovery. Hedera and Kaia Show Exceptional Gains Hedera (HBAR) has surged 38.69% in the last 24 hours, reaching $0.248179, with a trading volume of $3.73 billion. This sharp increase indicates strong market activity and renewed interest in Hedera’s technology. Kaia (KAIA) follows closely, climbing 25.17% to $0.276048, with a…
The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and Exchange Commission (SEC), Emotimi Agama, warned that some virtual asset service provider (VASP) license applicants do not meet the regulator’s requirements and will have their applications rejected. However, Agama, speaking at a meeting with applicants, said the commission will continue providing clarity on complex issues to assist in the registration process. Agama’s warning comes several months after the SEC issued its first licenses under the Accelerated Regulatory Incubation…
Binance, the world’s largest cryptocurrency exchange, has announced plans to delist several spot trading pairs as part of its routine market review process. Binance to Delisting Select Spot Trading Pairs on January 10, 2025 In a statement made by the exchange, it was stated that this move aims to protect users and maintain a high-quality trading environment. Effective January 10, 2025, 06:00, Binance will remove and suspend trading of the following pairs: AXL/FDUSD C98/BTC ENJ/ETH Reason for Removal from List The decision to delist these pairs comes after Binance periodically reviews its trading pairs, taking into account factors such as…
In a very positive and radical shift for the web3 sector, INTO has entered a new partnership with ZkAGI, the most popular privacy-preserving AI platform. This partnership will enable a reimagining of modern innovation through the mutual blending of decentralized structure and privacy-preserving AI technologies. 🤝 We are pumped to announce our partnership with @zk_agi, the first privacy AI DePIN revolutionizing decentralized computing and AI! 🌐💡ZkAGI is a groundbreaking project combining AI and blockchain to create a privacy-first system. With products like GPU Clustering, Zynapse… pic.twitter.com/uMRMzfOt82 — INTO (@intoverse_) January 9, 2025 INTO’s Revolutionary Web3 Ecosystem INTO has been very…