Author: NBTC

Base announced that publishers using AWS WAF can now accept $USDC payments, allowing them to monetize their AI bot traffic. This development signals a shift in how digital assets can be utilized for transactions, as noted in their official tweet. The integration emphasizes the growing utility of $USDC in various sectors, particularly in AI-driven environments. Market Snapshot The integration of $USDC payments on AWS WAF offers publishers a robust platform for monetizing their AI traffic. This capability allows content creators to leverage their AI tools more effectively, improving revenue streams in an increasingly competitive market. The broader crypto market is…

Bitcoin [$BTC]-linked firms may emerge as some of the biggest beneficiaries if the asset pushes toward a fresh local high, given the growing correlation between Bitcoin’s price action and the performance of these companies. Over the past month alone, $BTC has attracted nearly $184 billion in inflows, reflecting sustained bullish sentiment across the broader market. The inflows appear to align with the return of a broader “risk-on” environment after macroeconomic tensions that weighed on markets earlier in the year, particularly concerns tied to geopolitical conflicts, eased considerably. Bitcoin-linked stocks outperform broader market Companies tied to $BTC, including miners, custody providers,…

Curve Finance has officially launched LlamaLend V2 on the Optimism network. This announcement, made via Twitter, highlights new markets that are now open for users, allowing them to borrow, lend, or loop through isolated markets powered by Curve’s LLAMMA. The tweet has garnered significant attention, as indicated by the likes and retweets, showcasing the community’s interest in this development. Market Snapshot Curve Finance’s recent announcement about LlamaLend V2 marks a significant step in enhancing its lending ecosystem. With the introduction of OP rewards for eligible positions distributed by Merkl, users have fresh incentives to engage within the Curve platform. The…

Forward guidance: Warsh has previously criticized the Fed’s approach as overcommunicating with markets. He is likely to be questioned on this during the press conference, and if he signals a shift toward significantly reduced forward guidance, he could move markets. For now, implied volatility indexes tied to bitcoin and ether (ETH) are hovering at two-week lows, having reversed the early-month spike. This indicates expectations for continued calm in the market. Stay alert! Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week…

Pi Network has introduced PiRC1, a new token issuance framework launched under Protocol 22 on April 22, that bars projects from issuing tokens unless they can first demonstrate a functioning application with real user demand, a direct attempt to filter out speculation-driven launches from the ecosystem. Pi Network launched PiRC1, its Token Design Framework, on April 22 as part of the Protocol V22 upgrade. As HOKANEWS.COM reported, the core principle of PiRC1 is straightforward: only applications that demonstrate genuine use cases and tangible user demand within the Pi ecosystem will be eligible to participate in token issuance. The framework is…

CryptoUK has taken a significant step in the UK’s regulatory landscape by publishing the Terms of Reference for the Wholesale Digital Markets Champion. This announcement follows years of exploration into tokenization through various initiatives, signaling an ongoing commitment to advancing digital market frameworks. For more details, see the official source here. Market Snapshot The recent announcement by CryptoUK marks an important development in the evolution of the UK’s digital markets. This regulatory action builds on extensive work involving pilots and industry initiatives aimed at tokenization. As the UK seeks to solidify its position in the rapidly evolving digital space, this…

Uniswap is picking up activity, taking over the volumes on multiple alternative chains. RWA token trading and routing from MetaMask are boosting the DEX and increasing its share of overall decentralized trading. Uniswap activity is growing in terms of market share. The increased usage of Uniswap also attracted attention to the $UNI token. $UNI broke from local lows of $2.40 at the beginning of June, rising up to $3.02. Uniswap DEX volume stabilized, and total value locked remained over $3.1B, according to DeFi Llama. However, the exchange has been taking over other DEX and concentrating traffic with a promise of…

CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12 for the first time since March 2023, signaling what analysts describe as a potential transition away from bear-market behavior. The indicator is built on CryptoQuant’s Profit and Loss Index, which aggregates the MVRV ratio, NUPL, and a comparison of Long-Term Holder and Short-Term Holder SOPR ratios. CryptoQuant head of research Julio Moreno wrote on X that the shift “often suggests that the worst phase of the correction has already passed and…

In a strategic move to spearhead the accessibility of tokenized gold products within the DeFi landscape, Creek Finance, a decentralized RWAfi protocol, today announced a crucial integration with Sui Network, a Layer-1 blockchain network. This partnership enabled Creek Finance to launch tokenized gold products (powered by its native XAUm token) on the $SUI Network to respond to rising demand, signaling growing investor confidence in such blockchain-based real-world exposures. Creek Finance is a decentralized RWAfi (real-world finance) protocol that has expertise in transforming physical gold into tradable digital assets. Once tokenized, these assets are integrated into DeFi primitives, including lending, staking…

Global markets, including cryptocurrency markets, were focused on the US-Iran agreement being signed on Friday. However, with the details of the agreement unclear, markets exhibited mixed performance, and today all eyes are on the US Federal Reserve’s (FED) interest rate decision. Accordingly, the Fed will announce its interest rate decision for June today, followed by an oral statement from the new Fed Chairman, Kevin Warsh. This will be Kevin Warsh’s first FOMC meeting and interest rate decision as FED chairman. Bitcoin is currently hovering around $65,000 ahead of Warsh’s first interest rate decision, while altcoins are rising. After three consecutive…