Author: NBTC

Top crypto enthusiast Asiwaju Lerry highlights the prominence of certain meme-based tokens, like Shiba Inu (SHIB), in the current crypto ecosystem. Lerry emphasized that it is impossible to overlook Shiba Inu and three other memecoins, such as Dogecoin (DOGE), Floki (FLOKI), and Bonk (BONK). The expert mentioned that Shiba Inu has surpassed a billion-dollar market capitalization alongside these three canine-themed tokens. When considering the top memecoins in the current ecosystem, $FLOKI, $DOGE, $BONK, and $SHIB are impossible to overlook. These are the canine-themed coins that have successfully reached billion-dollar market caps. Make sure you’re taking note!#FLOKI — LERRY (@_AsiwajuLerry) June…

Stacks hits an all-time high with over 150 million STX locked in DeFi applications. Bitflow emerges as a key liquidity hub on Stacks with advanced trading features. DeFiLlama just revealed that over 150 million locked STX is the all-time high for Total Value Locked (TVL) in Stacks decentralized finance (DeFi) apps. This important turning point emphasizes how Stacks’ DeFi ecosystem is being adopted and trusted more and more. With Bitflow bringing several improvements based on the successful models from Ethereum’s DeFi protocols, the Bitcoin DeFi ecosystem is likewise experiencing ongoing innovation as the TVL keeps growing. We go into great…

Renowned international magazine Forbes recently published a critical report on XRP and Ripple Labs, describing both entities as good-for-nothing and zombie projects. Notably, the analysis concerned crypto projects with billion-dollar valuations, especially as Bitcoin has ushered in a buoyant market once again. However, it placed XRP and Ripple at the forefront of its examination. “Ripple Labs is Zombie” Forbes went into Ripple’s history, highlighting its ambition to establish a revolutionary global financial benchmark that would facilitate swift and cost-effective money transfers for banks. This vision garnered interest from numerous financial entities keen on trialing Ripple’s innovative network. Forbes claimed Ripple’s…

Bitcoin (BTC) has seen a remarkable recovery, breaking the $71,000 barrier for the first time in over a month. This upward movement is largely attributed to a surge in spot buying and interest in spot Bitcoin ETFs. As investors pour money into these newly approved funds, the market exhibits a strong bullish trend that could indicate the start of a more sustained bull market. BTC/USD 24-hour price chart (source: CoinMarketCap) However, despite the bullish rally, resistance at the intra-day high of $71,946 was stiff to breach. Despite that, at press time, BTC was bullish, trading at $71,061, a 5.89% surge…

VeChain and Revolut announce a bullish partnership that could propel VET and VTHO prices. VET and VTHO, VeChain’s native tokens have been listed on fintech powerhouse Revolut. The VeFam eagerly awaits the inevitable price spikes for VET and VTHO this cycle. VeChain’s CEO Sunny Lu, shares the bullish news of revolut and VeChain joining hands. The partners are thrilled to announce that VeCHain’s native tokens VET and VTHO can both be found on one of the biggest fintech platforms in the industry, Revolut. In detail, this bullish partnership combined with VeChain’s ongoing development of RWA application brings the projects closer…

As anticipated, the rollout of spot bitcoin exchange-traded funds (ETFs) in the U.S. market has made a massive positive impact on the digital asset industry. It’s unleashed a stampede of retail investors, and set records for investment into bitcoin (BTC) and into ETFs. More importantly, being in a product approved by the U.S. Securities and Exchange Commission (SEC) has changed the risk reward ratio for bitcoin, bringing crypto back into the institutional investment conversation. That’s driving new interest from some firms and emboldening others to restart projects that had been put on pause. The door into the mainstream financial system…

Russian President Vladimir Putin confirmed that the BRICS group is developing an independent payment system to reduce reliance on existing systems. A document from the Russian Central Bank suggests the group may consider using XRP for cross-border transactions. 🚨 BRICS NEWS: Russian President Putin confirms BRICS is developing its own independent payment system! 🇷🇺 And according to a document about the Central of Bank of Russia they will most likely use #XRP for cross-border payments! BRICS 🤝🏼 XRP pic.twitter.com/ecEKIz3IF5 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) June 7, 2024 Putin emphasized the BRICS nations’ goal of creating a payment system free from political influence…

Neo has announced a new partnership with Phoenix, a decentralized AI infrastructure provider. The two entities will collaborate on exploring how AI can accelerate blockchain technology and drive mass adoption on Neo X. The Phoenix ecosystem comprises two main components: SkyNet and Phoenix LLM. SkyNet is an elastic computer layer capable of providing and scaling workflow tools, quick deployment features, and AI compute. Phoenix LLM is a customizable large language model platform that can process and generate text similar to that produced by humans. The Phoenix team aims to build solutions that apply to the following verticals: markets and trading,…

A popular crypto analyst thinks that Bitcoin (BTC) will likely continue to trade close to its record highs at the expense of altcoins. In a new YouTube video, Benjamin Cowen tells his 801,000 subscribers that he believes the only reason Bitcoin is still above $60,000 is because traders are moving money from altcoins into BTC. Cowen warns that Bitcoin and the rest of the crypto markets will likely witness a larger correction once liquidity in the altcoin markets is exhausted. “My base case, and I’ve been saying this for months, is that Bitcoin chops the altcoin market up, up here,…

Bitcoin (BTC), the first and largest cryptocurrency by market cap, neared $72,000 during the Tuesday trading session, reaching intraday highs of $71,980. The largest cryptocurrency asset extended its surge from Monday’s session, when its price increased from $66,057 to $71,560, its highest level since early April. Crypto prices rose on hints of progress toward U.S. approval of exchange-traded funds investing directly in Ethereum, a departure from a more pessimistic outlook last week. The market-moving ETF speculation is reminiscent of the investor excitement that greeted comparable U.S. Bitcoin ETFs, whose January debut fueled a rally in the largest digital asset to…