Author: NBTC

Solana decentralized exchange (DEX) Jupiter will revise its airdrop plan after a governance proposal did not reach a 70% supermajority, which would have led to $1.6 billion worth JUP being airdropped to users of its platforms across multiple waves. Earlier this week, a Jupiter DAO proposal penned by pseudonymous Jupiter co-founder Meow went live for voting, letting token holders determine whether Jupiter would airdrop up to $1.6 billion in JUP across two separate airdrops apparently planned for subsequent Januarys ahead. The proposal, which received more than 364 million in JUP voting power, only received 58% in votes in favor of…

Virtuals Protocol, an AI agent deployment ecosystem, has reached a peak market cap of $1.4 billion as the AI agent narrative expands beyond Solana and extends to Base. The platform’s native token, VIRTUAL, has surged 150% in value over the past week, driven by growing demand within the ecosystem. Base, the underlying blockchain for Virtuals Protocol, has also seen a surge in activity, with its total value locked (TVL) reaching an all-time high of $3.5 billion, surpasing Arbitrum, and weekly transactions climbing to nearly 54 million. Deployed on Base, Virtuals Protocol enables users to create and deploy AI-powered virtual characters…

Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana (SOL) shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions. But Berckmans points out on X that Solana initially marketed itself as capable of handling global transactions on a single chain. This was before rebranding their L2 solutions as “Network Extensions” rather than acknowledging them as L2s. Solana’s gradual acknowledgment of Ethereum’s (ETH) L2 backbone strategy came after seeing flagship applications building custom L2 appchains on their network. This shift in perspective became more…

Cobo, a leader in custody and wallet solutions for digital assets, has announced its integration with Zircuit, a Layer-2 ZK-rollup platform. Zircuit, created by experienced Web3 security professionals, has already secured over $2 billion in Total Value Locked (TVL). This update was posted on Cobo X, which is a social account of the company. 🚀 Exciting News!Cobo now integrates with @ZircuitL2, a L2 ZK-rollup developed by #Web3 security veterans, with a Total Value Locked of over $2 billion. 🌐 Following the recent launch of its $ZRC token, users can seamlessly manage #ZRC through Custodial & MPC Wallets, while… pic.twitter.com/a6bYajfsi2 —…

Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned. Bitcoin Price Set For Next Bull Run Zeberg highlights the Relative Strength Index (RSI), which is traditionally used to assess whether an asset is overbought or oversold. Currently, the RSI is positioned above the 50 mark, which often indicates growing bullish momentum. More importantly, the RSI has broken…

Wrapped Litecoin (WLTC) gained its first decentralized pair on Uniswap, now building up liquidity against Ethereum (ETH). The pair launched two weeks after the creation of the WLTC token. Litecoin (LTC), one of the oldest legacy cryptos, was tokenized as Wrapped Litecoin (WLTC). The token launched on November 13, and has already entered DeFi space with its first Uniswap pair. Unlike ETH and BTC, LTC was rarely used as a wrapped asset. The success of WETH and WBTC came from their usage as collaterals. There are some expectations that WLTC can be used in Aave vaults, tapping the value of…

The RWA space is a frontrunner in the ongoing crypto bull run, prompted by BTC and ETH ETFs in the US, increased institutional presence in crypto, and Trump’s US Presidency. Landshare ($LAND) is a prominent project in the sector, having newly announced a partnership with ForumPay and Roofstock. Roofstock is a leading online marketplace for real estate investments, facilitating over $3 billion in acquisitions since its launch in 2015. They’ve managed 25,000+ homes and are known for making real estate accessible to a global audience. Real-world Assets(RWA) tokens are transforming traditional assets, like real estate, precious metals, and art, into…

Nxone, in a revolutionary step, has integrated with AIAChain to break new ground in the Web3 financial payment system. Its integration is expected to transform DeFi by combining the innovative AI Trading system of Nxone with the feature-rich EVM-compatible AIAChain. 🚀 Partnership Announcement! 🚀https://t.co/Ptm9DboQxS proudly partners with @AIAChain to reshape global financial payments in Web3! 🌟@AIAChain: A High-Performance EVM-Compatible Blockchain for Global Financial Payments 🌐Together, we’re driving innovation in decentralized… pic.twitter.com/et1LEOgJQP — Nxone (@Nxone_Official) November 28, 2024 A New Era of Decentralized Payments Drawing on knowledge to develop a decentralized digital economy ecosystem, AIAChain is a public blockchain-focused, particularly on…

Bitcoin price has been showing impressive strength recently, holding steady above the important $67,000 level. Investors and traders are closely watching its performance as it consolidates and looks poised for further gains. In this Bitcoin price Prediction article, we’ll explore what’s driving Bitcoin’s current momentum, the key support and resistance levels, and what might come next for the leading cryptocurrency. Recent Bitcoin Price Movements Explained BTC/USD Daily chart- TradingView As of today, Bitcoin is priced at $67,943, with a 24-hour trading volume of $45.47 billion. Its market capitalization stands at $1.34 trillion, giving Bitcoin a dominance of 56.90% in the…

As 2025 approaches, Wells Fargo predicts the Fed could adopt a slower pace of rate cuts, potentially cutting once every two policy meetings. “As we get into 2025, we could see a slowdown in future rate cuts, with the Fed potentially cutting rates every other meeting,” said Sarah House, senior economist at Wells Fargo. Wells Fargo’s team is forecasting three rate cuts in 2025, a moderate approach compared to the rapid rate-cutting cycle seen before. This is in line with broad expectations on Wall Street that the Fed’s aggressive easing will ease as economic conditions improve. Market expectations currently are…