Author: NBTC
Aerodrome has gained significant attention with its exclusive achievement. As per Aerodrome, its Epoch 61 has broken the former volume records, touching a staggering $5.07B, denoting Aerodrome’s surging influence. The platform revealed this remarkable development on its official social media account. Aerodrome Volume Goes Supersonic 🛫Epoch 61 shattered the volume record, reaching $5.07 billion, with Slipstream accounting for 93%.A total of $6.1 million in Total Rewards (fees + incentives) was distributed to veAERO voters. pic.twitter.com/p6vLNYCTQX — Aerodrome (@AerodromeFi) October 31, 2024 Aerodrome Sees a Huge Surge in Volume, Signifying a Resilient Engagement and Trust In the latest X post, Aerodrome…
Paris – Printemps, the iconic department store chain, has partnered with Binance, the world’s leading cryptocurrency exchange, and Lyzi, a fintech innovator in crypto payments, to become the first department store network in France to accept cryptocurrency payments. This collaboration opens up a seamless shopping experience for crypto users across Printemps’ 20 stores nationwide.—Thanks to this strategic partnership, over 6.5 million French cryptocurrency users can now make purchases using Bitcoin, Ethereum, and other popular digital assets like USDC and EURI at any Printemps store. The integration of Binance Pay and Lyzi’s platform provides customers with flexibility and speed when paying…
Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.” According to Glassnode’s latest “Week Onchain Newsletter,” the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, pushing many investor positions back into unrealized profits and providing a potential boost to market sentiment. The AVIV Ratio, a key on-chain metric assessing active investors’ unrealized gains and losses, remains constructive, suggesting that profitability has remained robust even as the market faced challenges. This ratio also…
Project Liberty, which is building a decentralized social media ecosystem, is working with Consensys to expand into Ethereum (ETH). The project is “meeting the zeitgeist” and is population-scale ready, founder Frank McCourt said in an interview. Project Liberty, billionaire Frank McCourt’s attempt to create a decentralized social media platform, is partnering with Ethereum developer Consensys to enter that blockchain’s ecosystem. Under the agreement, announced on Wednesday, Project Liberty’s Frequency blockchain will become compatible with Consensys’ technology, including the Linea layer-2 network that uses “zero knowledge” privacy technology to achieve massive transaction throughput and the MetaMask self-custody wallet, which has 30…
Countries worldwide are rapidly advancing their Central Bank Digital Currency (CBDC) projects to leverage the benefits of blockchain technology. While influential corporations work on asset tokenization, governments are focusing on transitioning their fiat currencies to digital formats. Turkey is making strides in this area, with a significant update from its Central Bank. Contents hide 1 What is the Current Status of the Digital Lira? 2 What Are the Risks of CBDC Implementation? What is the Current Status of the Digital Lira? The Central Bank of the Republic of Turkey has finalized the initial stage of its CBDC initiative, introducing the…
The BNB Foundation has successfully completed its 29th quarterly token burn, removing approximately 1.77 million BNB from circulation, worth approximately $1.07 billion at the time of the burn. BNB Foundation Completes 29th Quarterly BNB Token Burn, Removing Over $1 Billion in BNB from Circulation This final burn, performed by BNB Chain’s Auto-Burn mechanism, supports the network’s goal of gradually reducing the total BNB supply to 100 million. Key Figures from the 29th BNB Token Burn The total burn of 1,772,712.363 BNB consists of two main components: 1,710,142,733 BNB originates from Auto Burn. The 62,569.63 BNB is an additional component related…
According to last minute developments, US President-elect Donald Trump’s company Trump Media is considering creating a cryptocurrency payment service. Donald J. Trump’s media company appears to be getting into the crypto space. Earlier this week, Trump Media & Technology Group (TMTG) filed a trademark for a service called TruthFi, which is described as a platform for crypto payments, financial custody, and digital asset trading. The trademark filing offers little detail about TruthFi’s operational plans or development timeline, leaving much to speculation. However, it does reveal TMTG’s intention to expand beyond Truth Social, a social media platform that has struggled to…
Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000, a crucial level determining its next move. Key data from CryptoQuant reveals that, despite recent bearish attempts, bears are losing control in the futures market. A key indicator has flipped bullish for the first time since July, suggesting that the current selling pressure may not be enough to push Bitcoin lower. With Bitcoin in a critical phase,…
Ethereum still dominates the stablecoin market, despite hype for minting tokens on other chains. The chain has 52.59% of the stablecoin supply, in addition to the most active usage based on smart contract data. The Ethereum chain is still important for stablecoin supply and turnover. Despite the hype for new mints on TRON and Solana, Ethereum’s supply is still not replaceable. The chain carries 52.59% of the total stablecoin supply, with a mix of USDT, USDC, and multiple algorithmic stablecoins. Ethereum’s dominance happens at a time when the overall stablecoin supply is at an all-time high. A total of $174.7B…
This is a segment from the Empire newsletter. To read full editions, subscribe. Trump’s win could have you cooking up all sorts of profitable trading strategies. It’s only natural, considering it feels like we’re on the cusp of a new paradigm: for arguably the first time ever, US regulators might take it easy on crypto and let innovation flourish. And so the topic of risk appetite came up on today’s Empire podcast episode. Yano asked Eric Peters, CEO and CIO of both Coinbase Asset Management and One River, what he’d prescribe for a 30-40-year-old first-time crypto investor who has a…