Author: NBTC

Two startups are joining forces to introduce a solution to verify total value locked (TVL) claims by Bitcoin decentralized finance (Bitcoin defi) projects. Why Bitcoin Defi Needs Proof-of-TVL At more than $30 billion in total value locked (TVL), Bitcoin decentralized finance (Bitcoin defi) is quickly becoming a profitable trend, but exaggerated TVL numbers from questionable projects could undermine the entire sector. The reason TVL is the de facto vanity metric in defi is because it signals a token’s liquidity. It also helps investors gauge a project’s popularity and trustworthiness. But Bitcoin defi is different. Assessing Bitcoin-based TVL is much trickier…

Ethereum remained on edge during the weekend as its exchange-traded funds experienced large outflows, exchange balances rose, and staking yield fell. Ethereum (ETH) was trading at $3,268, down from last month’s high of $4,104. This price action mirrors that of Bitcoin (BTC), which has retreated from an all-time high of $108,000 to below $95,000. Ether has pulled back as data shows that demand for its ETFs on Wall Street has fallen in the past few days. According to SoSoValue, all Ethereum funds lost $68 million in assets on Friday after losing $159.3 million on Thursday. They lost $86 million in…

Sol Sniper trading platform introduced SniperX memecoin trading bot on social media platform X. Traders can directly purchase memecoins on X and view charts, trading volume, and market price. Solana blockchain’s NFT analysis and trading platform Sol Sniper announced the launch of memecoin trading bot SniperX. It makes memecoin trading directly accessible on X and allows traders to view all the market price data on the social media platform itself. Introducing SniperXThe first memecoin trading bot for XIt’s time to change the game forever 🧵 pic.twitter.com/hHbxvCgxbV — Sol Sniper 🎯 (@solsniperxyz) November 28, 2024 Solana has always been a sophisticated…

Some miners at OCEAN have started making use of the Coin Age Priority algorithm during block template construction using DATUM. Originally, Bitcoin Core originally selected transactions to include in blocks based on what they had seen first in their mempool. This logic was eventually replaced by prioritizing older coins, i.e. that had been sitting around unspent longer, over other coins. This was eventually only applied to a small portion of the blockspace, and then eventually done away with entirely around the time of Segwit. It’s still maintained in Bitcoin Knots. I can only speculate as to the motives of the…

The Lagrange Prover Network, a well-known decentralized node network, has announced a significant step in its collaboration with ZKsync. As per Lagrange Prover Network, it has effectively launched the initial implementation of ZK Stack Prover of ZKsync. The platform took to social media to provide details of this endeavor. 1/ It’s a new Era for ZKsync’s Elastic NetworkThe Lagrange Prover Network has successfully launched the first decentralized implementation of @zksync’s ZK Stack proverThe test network is live now, launched with @P2Pvalidator @NethermindEth @EigenYields @Staked_US @EigenLayer pic.twitter.com/mmSGqIqEkf — LAGRANGE (@lagrangedev) January 13, 2025 Lagrange Prover Network Implements ZK Stack Prover of…

Bitcoin must hold $94K during a retest to validate its recent breakout; failure risks a significant downside. Sustained movement above $94K could lead to an acceleration toward higher levels, resembling past breakout patterns. Traders can use the $94K support and potential range lows for strategic positioning with defined risks. Bitcoin has recently traded higher from the lower timeframe range it had been in and moved above $94,000. Most experts posit that this level is one that acts as a critical point in terms of the subsequent movements in price of the cryptocurrency. Despite the breakout seeming to look good, one…

As the crypto market enters a new phase of bullish momentum, the question on everyone’s mind is whether Decentralized Finance (DeFi) will once again take center stage. While the DeFi boom of 2020 catalyzed the broader blockchain ecosystem, this cycle may take a more evolved and measured approach, emphasizing utility and long-term sustainability. Why DeFi Matters More Than Ever DeFi has transcended its experimental origins to become a cornerstone of blockchain innovation. By leveraging smart contracts and decentralized infrastructure, it has democratized access to financial services for millions of people worldwide. DeFi isn’t a fringe experiment anymore, but a proven…

The 3D adventure ARPG Spot Zero from the developers Tarta Games has revealed an upcoming event for the 0xMantle Collection NFT. In the first stage of the Astral Core event, participants will receive some benefits that bring additional value to those who own NFTs in the game’s economy. 🎉 Exciting news for Citizen of @0xMantle NFT holders! 🎉During Stage 1: Unboxing the Spot Zero Astral Core, your NFT gives you exclusive benefit:🔑 Extra Keys when completing the on-chain asset verification!Don’t miss out on this head start for unlocking epic rewards:… pic.twitter.com/FPStyEge7C — Spot Zero (@SpotZero_Game) January 15, 2025 Stage 1:…

Ethereum price started a minor recovery wave above the $3,200 zone. ETH is struggling and might continue to move down if it stays below $3,320. Ethereum started a minor recovery wave from the $3,160 zone. The price is trading below $3,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,320 resistance level. Ethereum Price Faces Resistance Ethereum price started a short-term recovery wave from the $3,160 level, like Bitcoin.…

Decentralized crypto exchange HyperLiquid distributed its native token, HYPE, spurring demand that saw the price jump to $4.18 from an initial $3.2 and lifting the fully diluted value (FDV) to $4.2 billion There are 333 million of the planned 1 billion tokens in circulation after the airdrop, giving a market cap of around $1.4 billion. Trading volume topped $165 million during the first hour of trading. Of the total supply, 38.88% has been allocated to future emissions and community rewards and 23.8% is set aside for current and future core contributors. The token can be staked to secure HyperBFT, the…