Author: NBTC
Dolomite, a popular DeFi protocol for borrowing and lending, has announced an exclusive development. As per Dolomite, the platform is upgrading to the Chainlink standard to get confirmable market data for further ecosystem growth. The company revealed this development on its official social media account. Build member @Dolomite_io has adopted Chainlink Price Feeds to upgrade the security of its lending markets for GLV [BTC-USD] & GLV [ETH-USD]—receipt tokens representing holdings in @GMX_IO Liquidity Vaults.Price Feeds provide increased reliability & uptime for Dolomite, helping… https://t.co/G3HeOAEmHo pic.twitter.com/5lGOoWBxsZ — Chainlink (@chainlink) January 31, 2025 Dolomite Adopts Chainlink Standard for Confirmable Market Data Dolomite…
Crypto analyst Max has revealed that the Ethereum price is at a critical junction, which could determine its trajectory going forward. The analyst remarked that ETH faces a ‘moment of truth’ and explained that the crypto could enter a bearish phase if it doesn’t complete a particular pattern. Ethereum Price Faces Moment Of Truth After ETH’s Crash Toward $3,000 In an X post, Max stated that the Ethereum price faces a moment of truth right here following ETH’s crash to around $3,000. The crypto analyst added that if ETH doesn’t complete its famous “ultra-scary 3 drive into the lows” pattern…
Donald Trump’s newly launched TRUMP meme coin instantly gains traction, massively rewarding traders who bought the Solana-based token early. The US president-elect reiterated his admiration for the crypto sector by officially announcing the launch of his meme coin on January 18 despite early skepticisms and speculations of a possible hack. Trump unveiled the official Trump meme coin in a tweet today, sparking reactions from the crypto community. He noted the Solana-based token “celebrate everything we stand for,” attaching the meme coin’s address in an accompanying picture. TRUMP Surpasses $3B Market Cap in Hours The Trump token instantly gained traction among…
Bitcoin (BTC) started January 2025 with a bullish outlook, which was later reversed into a bearish formation, bringing market uncertainty. Finbold then looked into Bitcoin historical returns and price patterns to forecast a potential target for January 31. Previously, BTC closed December and November 2024 with 2.85% losses and 37.29% gains, respectively, following the expected results. In November, we published the BTC price prediction targeting a monthly close between $75,275 and $100,334, while the leading cryptocurrency was trading at $69,495. Bitcoin closed November 30 at $96,451, validating the method. Nevertheless, December’s results came slightly worse than predicted, missing our forecasted…
Hayden Adams, CEO of Uniswap Labs, has highlighted key features of newly launched Uniswap V4, marking major improvements over Uniswap V3. Adams, in a post on X, explained how V4 compares in terms of efficiency when executing a token swap. Uniswap V4’s efficiency test Uniswap V4 has improved as it is much more gas-efficient than V3. This suggests that users can enjoy cheaper transactions using the protocol. Adams demonstrated this by swapping $1,000 worth of Ethereum (ETH) into Tether (USDT) through the Uniswap V4 12 hours after its launch. According to him, the Uniswap algorithm suggested he employ a multihop…
Ethereum’s head and shoulders formation suggests a potential breakdown, with the $3,075 neckline acting as a key support level. If ETH breaks below support, technical projections indicate a decline toward $2,930 as the next major support area. A breakout above $3,150 and $3,225 could shift market sentiment, signaling renewed bullish momentum. ETH traders are carefully tracking market movements as various indicators point toward future price drops. The ETH-USDT price range has developed a head-and-shoulders pattern which suggests future price decline may occur.The price is currently testing key support levels, and if the pattern plays out, Ethereum could revisit its recent…
sset manager ProShares submits filings for new XRP ETF products, including leveraged, inverse, and futures ETFs as the community anticipates regulatory shifts. This development coincides with the imminent departure of Securities and Exchange Commission (SEC) Chair Gary Gensler, who is set to resign on Jan. 20, 2025, aligning with President-elect Donald Trump’s inauguration. ProShares Files to Launch XRP ETFs Nate Geraci, president of The ETF Store, highlighted this surge in ETF filings, noting that multiple asset managers have recently submitted applications for crypto exchange-traded products. Among these, ProShares’ filings for XRP leveraged and inverse ETFs, as well as an XRP…
On Jan. 12, 2009, a groundbreaking milestone occurred that would forever change the landscape of digital finance. Satoshi Nakamoto, Bitcoin’s pseudonymous creator(s), performed the first peer-to-peer (P2P) transaction on the Bitcoin network. This historic moment at block 170 saw Satoshi transfer 10 BTC to computer scientist Hal Finney, making him the recipient of the Bitcoin first transaction. As was common in the early days, the transaction cost 0 BTC. 16 years ago today, the first P2P transaction occurred when Satoshi Nakamoto transferred 10 $BTC to computer scientist Hal Finney.This historic transaction established Hal Finney as the first-ever recipient on the…
Cardano (ADA) founder Charles Hoskinson proposed an idea of how Cardano (ADA) might benefit from launching a liquidity pool with its three largest USD-pegged stablecoins. About 85% of his followers supported the proposal for USDA, DJED and USDM stable cryptocurrencies. Cardano (ADA) community welcomes Charles Hoskinson’s idea of stablecoin-based liquidity pools Cardano’s (ADA) stablecoins USDA, DJED and USDM might be integrated into a rebalanced liquidity pool to make the blockchain’s liquidity healthier. Such proposal was shared by Cardano (ADA) inventor Charles Hoskinson yesterday, Jan. 31, 2025, with his 1 million followers on X. Should the community add to the annual…
Shiba Inu has teamed up with Astra Nova in an epic partnership that blends the meme-based cryptocurrency with AI-driven innovation. The partnership aims to revolutionize the Web3 space by combining artificial intelligence (AI), gaming, and community-driven projects. Key Features The collaboration fuses the strengths of both projects. While Shiba Inu will showcase its expertise in community engagement and decentralization, Astra Nova’s proficiency in Web3 integration and AI storytelling will come into play. Under the partnership, Shiba Inu and Astra Nova will leverage their collective strength to foster community-driven initiatives while exploring Web3 opportunities. The partnership will also explore multiple avenues…