Author: NBTC
Bitcoin’s trillion-dollar market has long been viewed as an untapped goldmine for DeFi developers. While Ethereum pioneered decentralized finance and subsequent smart contract chains picked up the baton, Bitcoin – the world’s most secure and liquid cryptocurrency – has remained largely isolated from this on-chain revolution. The reasons for this are self-evident: no native smart contract support, slow block times, and high fees. The Bitcoin network is great for storing and transmitting Bitcoin. But try to do anything else with it and its limitations are quickly exposed. But DeFi builders love a challenge and hate being told “no” and it…
Saga, a Layer-1 blockchain dedicated to Web3 gaming, has announced a partnership with Virtuals Protocol and others in a joint venture aimed at powering AI Agents. As part of this collaboration, Saga introduced Metropolis.lol, a reality arbitrage protocol that combines blockchain and AI technologies. Saga Layer-1 Launches Metropolis.lol with AI Trifecta Announced via a post on X (Twitter), Saga detailed its collaboration with Virtuals Protocol, Eliza Labs, Wayfinder Foundation, and ai16z to launch a novel agent-only Layer 1 blockchain ecosystem, Metropolis.lol. Metropolis.lol functions as an open-source agent runtime, providing developers with a full-stack toolkit to create AI-centric applications. This initiative…
It is no secret that the Web3 gaming market is expected to grow extremely rapidly over the coming few years, with annual revenues expected to reach $22 billion by 2025 end and $118 billion by 2034. This surge is being helmed by a number of innovative titles, with one of them being popular Web3 wallet Ambire’s gamified campaign simulator ‘Ambire Legends.’ The title transforms everyday blockchain interactions into an epic adventure while simultaneously introducing users to the power of ‘Smart Accounts.’ Not only that, it also offers participants substantial rewards through a generous token allocation program details of which have…
Bitcoin’s price action has been turbulent, with the leading cryptocurrency declining from its all-time high of $108,384 to a recent low of $91,350. The significant drawdown is largely attributed to a key investor cohort stepping back, reducing short-term demand and creating bearish pressure. Bitcoin Investors Are Pulling Back The Realized Cap by Age metric reveals a concerning trend in Bitcoin’s demand. Short-term demand, represented by the capital received in the last seven days, has plummeted by 66% over the past month. Currently, this hot capital is valued at $32 billion, highlighting a steep reduction in short-term inflows into the market.…
In January, total turnover on the DEX reached a record $564.56 billion. The leader is Solana ($258.74 billion or 45.83% of total ecosystem turnover). It is followed by: Ethereum – $86.107 billion; BNB Chain – $80.27 bln; Base – $52.785 billion; Arbitrum – $26.778 billion; Sui – $12.465 billion. In January, the share of Solana-based AMM exchange Raydium surpassed that of the once perennial segment leader, Uniswap. The growth in trading volume on the now largest DEX also coincided with the positive dynamics of the meme-coin market, one of the most popular asset classes on the platform. The total blocked…
A growing number of lawmakers have discussed crypto on Capitol Hill, but how many representatives have actually gotten hands-on with the tech? That question motivated Rep. William Timmons (R-SC) to engage with a South Carolina constituent, who helped set the Republican up his own digital wallet last week. Using the Ethereum Name Service, aka ENS, Rep. Timmons effectively initialed his self-custodial wallet “wrtiv.eth.” The goal was to gain some familiarity with technology enabling financial sovereignty, Timmons told Decrypt on Tuesday. The day before, he added his wallet’s custom address to his profile on X (formerly known as Twitter), tacking it…
Ripple chairman Chris Larsen transfers 20 million XRP to an unknown wallet address amid the latest XRP price milestone. Whale tracking resource Whale Alert first indexed the transaction, which occurred earlier today at 1:04 UTC. On-chain data confirms that the Larsen address moved exactly 20 million XRP to the unknown wallet ‘rPS…u98’ in a single outflow. Ripple Chairman Chris Larsen Moves XRP Details of the XRP Movement Due to XRP’s latest price milestone, the tokens were worth $60.54 million, indicating that XRP traded at $3.027 when Larsen made the transfer. Recall that XRP recently reclaimed $3 and has now held…
DePIN Union is excited to announce its partnership with UpRock, a groundbreaking advancement for both platforms. This collaboration strives to create insights that should be real-time, unbiased, and accessible to all. In this way, both allies are set to redefine the users’ interactions with information in the digital world. UpRock aims to create a link between centralized artificial intelligence (AI) and decentralized infrastructure. By doing this, the platform is set to provide an impartial and transparent data ecosystem. 🚀 DePIN Union x UpRock: AI-Powered Insights for Everyone!Thrilled to announce our partnership with @UpRockCom, a platform democratizing AI-driven web crawling and…
A remarkable prediction by Hal Finney, one of the most prominent early Bitcoin pioneers, has resurfaced after 16 years. Bitcoin historian Pete Rizzo reignited interest in the iconic prediction in a recent tweet. Sixteen years ago, Hal Finney had forecast a future Bitcoin price of $10 million when the cryptocurrency was still valued at $0. ✨ Hal Finney predicting $10 million #Bitcoin when the price was $0, exactly 16 years agoAbsolutely LEGENDARY 💫 pic.twitter.com/0rrm6LDGvs — The Bitcoin Historian (@pete_rizzo_) January 10, 2025 Finney’s prediction dates back to Jan. 10, 2009, a day after Satoshi Nakamoto released version 0.1 of the…
COTI has partnered with Plume, a prominent Layer 1 blockchain platform for tokenizing real-world assets (RWAs). This partnership aims to resolve the issue of privacy for transactions in blockchain-based RWA solutions. Through this strategic collaboration, Plume Network will have COTI’s Privacy-on-Demand (PoD) technology to offer its users higher levels of privacy. Privacy meets Real World Assets as COTI partners with @plumenetwork! We’re thrilled to be collaborating with Plume on a mission to enable confidential, scalable RWAs with Privacy-on-DemandWelcome to the next chapter of tokenized finance!Read more👉https://t.co/2fpsrRBpKb$COTI — COTI Foundation (@COTInetwork) January 15, 2025 The total RWAs market is expected to…