Author: NBTC

Okto announced that its Okto Wallet will now support AggLayer, a cross-chain settlement solution developed in collaboration with Polygon Labs. The partnership, revealed at the Aggregation Summit and shared with crypto.news, aims to simplify users’ interactions with different blockchain networks, making decentralized finance more accessible without requiring technical knowledge. The AggLayer solution allows blockchain networks to communicate and interact, addressing one of DeFi’s main challenges: chain interoperability. By integrating with AggLayer, Okto Wallet will enable users to conduct transactions across multiple blockchain networks through a single interface. This means users won’t have to navigate each blockchain separately, which simplifies the…

Bitcoin is on the verge of a significant milestone, aiming for a price of $73,000, marking its first effort at achieving a new all-time high (ATH) since the March summit. The cryptocurrency has been fluctuating within a narrow range for the past two quarters, resulting in notable declines for various altcoins. Despite Bitcoin hovering just below its record price, interest in altcoins has been disappointingly low. Contents hide 1 Bitcoin Targets Historic Price Levels 2 What Drives Bitcoin’s Price Increase? Bitcoin Targets Historic Price Levels At the Binance exchange, Bitcoin once reached a peak of $73,777, a record that has…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. With Bitcoin (BTC) recently smashing through its long-held $70,000 ceiling after four and a half months, it is fast becoming evident that the digital asset market is in the wake of another major transformation (as well as another bull run). Amid these developments, Bitcoin DeFi—also known as BTCFi—has emerged as a technological frontier connecting traditional finance entities with the crypto ecosystem, paving the way for mainstream adoption. You might also like: The future of DeFi is Bitcoin,…

Ethereum trades at $3.1K, reflecting a 2.30% loss over the last day. The market witnessed a liquidation of $90.57 million in Ethereum. The cryptocurrency market shook off the bearish pressure and surged to a $2.73 trillion market cap. Bitcoin (BTC), the largest asset, leads the charge, hitting its all-time high at $81.8K. Notably, Ethereum (ETH) has overcome the $3K mark, a crucial resistance that has held firm for the past few weeks. The price explosion of both assets might bring in bullish sentiment in the crypto market. As per analysts’ findings, Ethereum’s bullish movement could lead to a remarkable rally.…

AVNU has unveiled the “Community Token Initiative,” which aims to deliver a more secure and structured trading environment. It addresses the problems arising from the token management structures within the Starknet blockchain, as well as the problems associated with token verification, relative security, and the degree of openness, which is vital in the constantly evolving decentralized finance sector. 🚀 Introducing the AVNU Community Token InitiativeToken lists are broken. No one has figured out how to maintain a safe, clean, and properly managed token list.Today, we are challenging that!We’re launching several initiatives to make Starknet a safer and more dynamic place……

Bitcoin on Tuesday pushed as high as $73,500, only about $300 below its all-time high set more than seven months ago. The world’s largest crypto is now up nearly 75% year-to-date and has more than doubled from year-ago levels. The roaring success of the spot ETFs, new monetary easing cycles across major economies, and rising victory odds for crypto-friendly presidential candidate Donald Trump are among the positive catalysts. Bitcoin (BTC) surged to within a few dollars of a fresh all-time high price during U.S. trading hours Tuesday, rising to as much as $73,500 before pulling back a bit. The record…

A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This limited trading, according to the State of 2024 NFT Drops report, suggests a lack of excitement or investor confidence in these projects. The findings may also indicate a mismatch between supply and demand for new NFTs. This apparent market saturation coincides with waning user interest…

A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This limited trading, according to the State of 2024 NFT Drops report, suggests a lack of excitement or investor confidence in these projects. The findings may also indicate a mismatch between supply and demand for new NFTs. This apparent market saturation coincides with waning user interest…

Ethereum looks to be back and its worth noting when to take profits which can be predicted using the Net Unrealized Profit/Loss (NUPL). That alongside various realized price metrics can be used for insightful clues. As price of ETH moved, the NUPL value shifted across a color spectrum from deep red to blue. This indicated phases of loss to potential greed control zones. As at press time, ETH NUPL was above the neutral line, demonstrating substantial profit but not yet to a peak. – Advertisement – Previously, the shift from darker green to blue indicated moments where market sentiment might…

Donald Trump’s World Liberty Financial crypto project is struggling despite his victory in the U.S. presidential election. Data on the project’s website indicates that World Liberty Financial (WLFI) is struggling to meet its reduced goal of selling 2 billion tokens worth $30 million. Initially, the project aimed to sell 18.92 billion tokens worth nearly $300 million. So far, World Liberty Financial has sold 1.08 billion tokens, raising $16.2 million, meaning it still has a long way to go to reach its target. This is notable, as lower-profile tokens like Poodlana and Bitcoin Dogs have raised more funds in shorter periods.…