Author: NBTC
OKX Ventures has announced its strategic joining in the seed investment round for Haedal. This groundbreaking investment highlights the commitment of OKX Ventures to give strength to various DeFi-based projects. Haedal aims to transform Sui’s ecosystem, providing cutting-edge liquid staking infrastructure. This collaboration unveils innovative and unmatched possibilities for capital efficiency and yield generation. OKX Ventures, an innovative blockchain investment platform, has announced exciting investment news via its official X account. Haedal is Sui’s premier and native liquid staking protocol. 🌟 Big news! @OKX Ventures has joined the seed investment round for Haedal, Sui’s leading native liquid staking protocol! 🌐…
On Wednesday’s U.S. market session, the Polygon price recorded a 3.6% surge to currently trade at $0.726. Defying the Bitcoin price consolidation, the altcoin market witnessed a notable inflow as the second largest cryptocurrency, Ethereum, surged over 6%. However, the altcoin faces the risk of a $0.6 breakdown as a foundation wallet transfers Million in POL to the FalconX trading platform. According to Coingecko, the Polygon’s market cap stands at $6.06 Billion, while the 24-hour trading volume wavers at $880.7 Million. Millions of POL tokens moved to the FalconX trading platform could surge downward pressure on the asset. The polygon…
Pump.fun retained its trend of fee production, most of which goes toward the team’s treasury. The meme token platform surpassed Ethereum based on weekly fees. The Solana meme token boom continues, as Pump.fun achieved $28.56M in weekly fees. The platform mostly retains the earnings and liquidates them toward the team’s treasury. As of December 2, Ethereum weekly revenues reached $25.36M after a few slow days at the end of the year. Revenues for Ethereum and other protocols vary by day, and the usual balance points toward higher fees. However, Pump.fun lines up among major protocols for last month’s fees, which…
The blockchain and AI industries can rejoice because DeXe Protocol and UnicornVerse are collaborating to develop AI-driven Decentralized Autonomous Organizations (DAOs) on the BNB Chain and beyond. This cooperation is a significant positive development for both these entities as they leverage their strengths to drive the feasibility of decentralized solutions. 🚀 The future of AI-powered DAOs starts here! Excited to join forces with @unicornverse_io in driving DeXe Protocol forward 💎Together, we’re pushing the boundaries on @BNBCHAIN and more 🌐 https://t.co/Ao2RFo4TAy — DeXe Protocol (@DexeNetwork) January 2, 2025 A Strategic Investment for the Future The news was posted on Twitter, and…
Bitcoin, the largest cryptocurrency, has reversed course after flirting with the $100,000 mark. The digital asset reached an all-time high of $99,830 on November 22 but has since dropped over 8% to $91,377.32 as of Tuesday. As of 11:48 am IST on Wednesday, BTC stood at $93,099, according to CoinGecko. The downturn comes despite a stellar 120% rise in 2024, with gains fuelled by bullish market sentiment following Donald Trump’s presidential election victory. Trump’s pro-crypto stance, including pledges to make the US a global cryptocurrency leader and amass a national bitcoin stockpile, has played a pivotal role in driving demand.…
Shiba Inu’s lead teases SHIFU coin launch with hints of exciting airdrops. Holders of SHIB, LEASH, BUBBLE, and IO NFTs may qualify for airdrops. Analysts anticipate further price growth as SHIB evolves and burns over 2 billion tokens. Shiba Inu’s lead developer, Shytoshi Kusama, has made the crypto community excited by spotlighting a new meme coin, SHIFU through his tweet post. This latest dog-themed coin is already gaining traction, particularly because of its ties to Shiba Inu’s ecosystem, one of the most successful meme coins in the market. Traders and fans talking, wondering if SHIFU could be the next big…
Crypto.com has expanded its offerings in the United States, launching stock and exchange-traded fund (ETF) trading on its platform. According to a Jan. 3 statement, the firm said its users can now directly manage stocks and ETFs alongside their crypto portfolios via their application. The platform offers zero-commission trading, fractional share options, and seamless asset transfers. Crypto.com CEO Kris Marszalek stated the new products would allow the platform to become the one place where its users can grow all their wealth. Crypto.com clarified that these securities services are provided by Foris Capital US LLC, a FINRA/SIPC member and an entity…
2024 was the year of resurgence in on-chain activities across blockchain networks, as major metrics, including adoption, transaction volumes and counts, hit their all-time highs. Dune On-chain Adoption Index, measuring the level of engagement on the blockchain, hit 77 in Dec. 2024, a little short of the all-time high of 84, last seen in Nov. 2021. On-chain transactions have reached a record high. With on-chain transactions of $817 million in Dec. 2024, beating the previous high of $730 million established in Jan. 2022. This translates to an annual run rate of $10 trillion. You might also like: Dune unlocks Stellar insights…
Matrixport today released a chart highlighting the steady rise in Bitcoin funding rates, suggesting continued optimism among leveraged traders despite a typical market correction. Matrixport: Bitcoin Funding Rates Rise as Investors Remain Confident Despite Market Adjustment From a technical perspective, Bitcoin’s price could drop to the $89,000-$90,000 range, a key support zone that is expected to stabilize the market. As Thanksgiving approaches, Bitcoin’s astonishing 119% year-to-date gains are likely to dominate the holiday conversation, and it looks set to once again claim the title of best-performing asset of the year. Corporate Entries and Future Outlook A notable feature of this…
In a major step toward bringing traditional financial assets onchain, Backed, a pioneer in asset tokenization solutions, Sonic (fka Fantom), an EVM L1 blockchain that provides developers with alluring incentives and robust infrastructure, and Chainlink, the industry standard for onchain finance, have announced that they are collaborating with Fortlake Asset Management to tokenize their Sigma Opportunities Fund. Backed is tokenizing the fund by generating permissionless tokens that are 1 to 1 collateralized by fund units, and the price of these tokens is linked to the Net Asset Value (NAV) in real time. This indicates that tokens are usable inside the…