Author: NBTC

Linear Finance has revealed its plans to revolutionize the decentralized finance space. The digital assets firm has launched an innovative Linear Marketplace designed to transform peer-to-peer transactions in the crypto space. The unique platform will support transactions involving NFT Keys and tokens, setting the new stage for flexibility and liquidity within the DeFi industry. NFT Keys are digital coins representing vested or locked assets. According to Linear Finance, The Linear Marketplace is set to revolutionize the way you trade Tokens and Vesting Allocations. With its robust features and user-friendly interface, it promises to be the ultimate platform for all your…

Ethereum (ETH) is striving to reach a new all-time high, a move investors have anticipated following the launch of the cryptocurrency’s spot exchange-traded fund (ETF). Currently, the second-largest cryptocurrency by market capitalization has shown short-term volatility as it attempts to break through the crucial $3,000 resistance zone. Despite bullish developments like the rollout of the ETF, Ethereum’s market dominance has declined in recent months compared to competitors such as Bitcoin (BTC). Over the past 30 days, Ethereum has plunged by over 23% as it struggles to recover from a monthly low of around $2,100. ETH was trading at $2,631 at…

The crypto market is back in growth mode following a period of consolidation, the report said. Canaccord noted that the launch of spot ETFs in the U.S. has led to broader institutional adoption of digital assets. Institutional allocations to crypto are expected to increase, the broker said. The digital assets industry has bounced back from the collapse of crypto exchange FTX in November 2022 and has returned to growth in the past year, broker Canaccord said in a research report on Wednesday. FTX, the crypto exchange founded by Sam Bankman-Fried, filed for Chapter 11 bankruptcy following a CoinDesk exclusive highlighting…

TL;DR Aave has launched its GHO stablecoin on Arbitrum, initiating its planned multi-chain expansion and allowing users to mint and burn GHO natively with version v3. The integration with Arbitrum aims to reduce fees, speed up transactions, and enhance GHO liquidity, backed by multiple collaterals with a market capitalization of $89.1 million. The protocol plans to utilize Chainlink’s CCIP to ensure secure cross-chain expansion of GHO between blockchains. Aave, one of the leading DeFi lending protocols by total value locked (TVL), has launched its GHO stablecoin on the Arbitrum network, thus beginning its planned multi-chain expansion. Aave users on Arbitrum…

When it comes to tap-to-earn games on Telegram, finding any kind of originality isn’t easy. But MemeFi actually puts a unique twist on the formula. It is essentially the same at its core as many other Telegram games, in that you tap on the screen to earn virtual currency. However, this time there is more of a point, as every time you tap you take a small amount of health off the meme-inspired boss you have to take down. There’s the usual suspects you would expect to tap on, with versions of Pepe and Doge getting in your way, but…

The Saint Petersburg and Moscow exchange (Russian Stock Exchange) has denied recent reports that it is preparing to launch a state-run cryptocurrency trading platform. Earlier this week, rumors circulated that both the St. Petersburg and Moscow exchanges were planning to introduce crypto services. However, the St. Petersburg Currency Exchange has clarified that it has no such plans and remains focused on its existing financial products and services in the money and stock markets. The official statement read, “The reports that appeared in a number of media outlets that the St. Petersburg Currency Exchange plans to become one of the platforms…

Bitcoin often enters a parabolic phase 160 days after a halving event The most recent halving suggests a potential surge in late September 2024 Market anticipation is growing for a significant Bitcoin breakout this September Historical patterns suggest that Bitcoin often enters a parabolic phase around 160 days after a halving event. With the most recent halving behind us by about 125 days, the anticipation is building for a possible explosive surge in late September. #BTC Bitcoin is ~125 days after the HalvingBitcoin tends to breakout into the Parabolic Phase of the cycle some ~160 days after the HalvingIf history…

Ethereum (ETH) spot exchange-traded funds (ETFs) became tradeable on July 23. However, despite initial enthusiasm, these investment funds have struggled to maintain investor interest. In recent weeks, ETH ETFs have faced substantial net outflows, with only one week of inflows recorded since their launch. Ethereum ETFs Record Steady Outflows According to data from SosoValue, ETH spot ETFs recorded a net outflow of $341.35 million in their first week of trading, marking the largest outflow to date. The second week saw a reduced outflow of $169.35 million, indicating that while investor interest continued to decline, the pace of withdrawals slowed slightly.…

Blockchain developer platform Alchemy has acquired Bware Labs, the main company behind infrastructure provider platform Bware. The deal is expected to increase Alchemy’s headcount by about 25%. Alchemy disclosed the acquisition on Thursday without revealing the purchase price. However, company officials told CoinDesk this was its biggest acquisition to date, bringing on 41 developers and engineers from the Bware team and increasing Alchemy’s headcount to 190. Bware Labs was founded in 2021 in Romania by five engineers. The company’s stated goal was to provide affordable blockchain tooling and infrastructure solutions to web3 developers. With the purchase, Alchemy will expand its…

From Jason Derulo to Iggy Azalea and Caitlyn Jenner, there’s been a rush of celebrities flooding the meme coin world—though the initial novelty of this latest wave of celebrity coins may be wearing off on traders, especially amid a rise in scams aiming to capitalize on the craze via hacked social media accounts. Rapper Waka Flocka Flame (aka Juaquin James Malphurs), is part of that pack of recent celeb entrants into the meme coin world—and in an exclusive interview with Decrypt, he said he remains focused on his FLOCKA community, paying little attention to other coins and what their celebrity…