Author: NBTC
With a breakout rally in motion, Tron token price hits 3-year high and teases a bull run to $0.30. Will this uptrend continue as the broader market volatility grows? Tron has successfully entered the top 10 cryptocurrencies by market capitalization after it surpassed Cardano. Currently, the TRX market cap now stands at $13.9 billion. Further, Justin Sun’s growing interest in bringing meme coin communities to boost Tron’s user base fuels the uptrend. TRON Uprising Paints a Bullish Week The weekly chart highlights Tron’s strong performance with a 35% increase over the last 14 days, supported by a Morningstar pattern and…
Chainlink CCIP cross-chain protocol is now live on ZKsync’s Era Mainnet. This integration is part of an ongoing collaboration between Chainlink and ZKsync to create a unified layer-2 ecosystem on Ethereum and increase access to zero-knowledge technology. The integration provides an additional on-ramp for users to join the Elastic Chain ecosystem and equips Web3 developers with infrastructure for creating feature-rich decentralized applications (dApps). Notably, ZKsync is also a member of Chainlink Scale, and aims to connect decentralized finance (DeFi) with traditional finance (TradFi) through this development. “As more financial institutions move onchain, the tokenization of real-world assets is growing rapidly,”…
Bitcoin layer-2 scaling networks—particularly “rollups”—have been the talk of the town in crypto developer circles as a new means to keep Bitcoin payments cheap, fast, and decentralized. But despite their vaunted promise, data and analysis from Galaxy Research suggest the vast majority of Bitcoin rollups will be unsustainable. “Rollups on Bitcoin that post data to the base layer will face a significant problem: the cost to post data,” wrote Galaxy analyst Gabe Parker in a report published Friday. “Rollups on Bitcoin will need to generate substantial revenue from transaction fees on their own networks, driven by sizable numbers of users…
SuperRare has emerged as a prominent player in the NFT ecosystem, channeling approximately $90 million into digital art and disbursing around $3 million in royalties to artists. Launched initially as a curated platform, SuperRare has evolved significantly with its 2.0 version, enabling more decentralization and artist empowerment. The recent updates have altered the landscape for creators and collectors alike, offering more autonomy and diverse engagement in the digital art arena. Contents hide 1 How Did SuperRare 2.0 Enhance Artist Involvement? 2 What Challenges Did SuperRare Address? 3 Key Takeaways from SuperRare’s Evolution How Did SuperRare 2.0 Enhance Artist Involvement? The…
Founder of IOG, the company behind Cardano, Charles Hoskinson has published a tweet, responding to Raoul Pal’s criticism of ADA and XRP. The renowned investor and Real Vision founder stated that the time of XRP and ADA has passed, hinting that Hoskinson and Brad Garlinghouse are making money by being on top of the cults made by these coins. XRP and ADA are nothing but old cult, Pal claims Hoskinson shared a tweet with a video extract where Raoul Pal talks about XRP. He says in it that this top cryptocurrency is basically outdated, it is “from two bull markets…
More than 40 financial firms will join central bank group the Bank for International Settlements to explore how tokenization can enhance wholesale cross-border payments in Project Agorá. The group will look into combining wholesale central bank money with tokenized commercial bank deposits, the BIS announced. More than 40 financial firms will join the Bank for International Settlements – often referred to as the central bank for central banks – to explore how tokenization can be used in wholesale cross-border payments through its Project Agorá, the BIS said on Monday. The financial firms were selected by the BIS following a public…
The price of bitcoin (BTC) fell below $60,000 on Saturday amid growing fears that the US could be sliding into recession, according to data from TradingView. The recent price decline followed a rough Friday marked by a weaker-than-expected US jobs report and major crypto transfers by crypto lender Genesis, as reported by Crypto Briefing. Data from the Labor Department showed that the US economy added 114,000 jobs in July 2024, considerably lower than the estimated 175,000. The unemployment rate also unexpectedly rose to 4.3%, its highest level since October 2021. These figures fueled anxieties about the health of the US…
Hong Kong-based Animoca Brands has partnered with NFT marketplace Magic Eden to introduce a new platform for launching non-fungible tokens (NFTs). This move comes despite growing concerns over the future of NFT projects amid increasing regulatory scrutiny and market uncertainty. Animoca Brands Partners With Magic Eden The collaboration has resulted in MagicMoca, a new NFT launchpad expected to launch in Q3 2024. The platform will cater exclusively to the Mocaverse community, offering access to selected NFT projects. These launches will be available to holders of Moca NFTs, MOCA Coin, Moca IDs, and members of the Magic Eden community. According to…
The price of the KENNEDY meme coin tanked nearly 22% late Tuesday after Robert F Kennedy Jr’s running mate said that RFK Jr. is considering abandoning his campaign. On late Tuesday, Aug. 20, the Robert F. Kennedy Jr.-themed meme coin KENNEDY plunged sharply after his running mate suggested in a podcast interview that RFK Jr. might withdraw from the presidential race to support former President Donald J. Trump. In a podcast interview on the YouTube channel “Tom Bilyeu,” Kennedy’s vice-presidential candidate Nicole Shanahan revealed that the pair is now weighing in on two options: either continuing as an independent candidate…
In a strategic move to capture the attention of crypto enthusiasts, Binance, a leading cryptocurrency exchange, has launched a new game called Moonbix. This mini-game, accessible via Telegram, aligns with the trend of integrating digital games with potential cryptocurrency rewards, aiming to captivate users looking for innovative ways to earn digital assets. Contents hide 1 What Makes Moonbix Accessible? 2 How Can Players Maximize Their Earnings? 3 Key Insights from Moonbix’s Launch What Makes Moonbix Accessible? Participating in Moonbix is straightforward. Users need to have a Telegram account to access the game. The gameplay revolves around collecting points, with higher…