Author: NBTC

SFTs combine fungibility and uniqueness, offering unparalleled flexibility for diverse applications like gaming and ticketing. These tokens reduce transaction fees and enhance liquidity, making them a superior choice for digital asset trading. SFTs are revolutionary in sectors like gaming, events, and collectibles, addressing real-world challenges effectively. Flexibility and Interchangeability: A Superior Fusion Another appealing feature of SFTs is that they are simultaneously fungible and nonfungible tokens. In so doing, they make them flexible, and from this perspective, the tokens panel can act as indicators of fungible assets, such as tickets to an event, and then shift back to assets that…

Bitcoin is showing signs of a robust recovery, with its price approaching the crucial $70,000 mark. During the past week, Bitcoin surged approximately 9%, indicating a strong bullish sentiment among investors. In a recent conference call, BlackRock’s CEO emphasized Bitcoin’s significance as a unique asset class. This article explores Bitcoin’s remarkable weekly performance and its implications for the broader cryptocurrency market amid positive sentiments from major financial institutions. Bitcoin Approaching $70,000: A Strong Weekly Surge As of the latest trading sessions, Bitcoin has recorded a remarkable weekly gain of about 9%, bringing its price to approximately $68,800. This upward trajectory…

Synthetix, a decentralized liquidity provisioning protocol, leads decentralized finance (DeFi) projects in development activity, surpassing notable ecosystems in the industry. Meanwhile, SNX, the protocol’s native token, has climbed almost 70% in the past 30 days. According to an X (formerly Twitter) post by blockchain analysis platform Santiment, DeepBook Protocol (DEEP) on Sui Network—a high-throughput, low-latency DEX—follows Synthetix, with smart contracts platform Radix (XRD) in third place. Injective (INJ) and dYdX (DYDX) hold the fourth and fifth positions, respectively. The other DeFi protocols in the top ten for development activity are DeFiChain (DFI), Request Network (REQ), Lido Finance (LDO), Osmosis (OSMO),…

Ethereum is nearing a crucial resistance level, and a breakout could signal significant upward movement. Developments in Ethereum 2.0 and growing institutional interest are boosting its bullish outlook. Analysts are monitoring key price levels to determine if Ethereum can sustain a breakout and maintain momentum. ETH price remains just below key resistance, many traders and analysts remain hopeful if the cryptocurrency can push past it. Looking at Ethereum somehow we are likely going to see it remain within the trading range over the short term. If it breaks on the upside then it would be very much probable that we…

Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token’s price rose to $175.3, bringing its capitalization to over $83.56 billion. At the same time, PayPal is now collectively valued at $83.52 billion, according to Yahoo Finance. At first glance, therefore, Solana is indeed more expensive, in a purely figurative sense, than the largest electronic debit payment system, which was founded in 1998 with the participation of Elon Musk. However, it cannot be honestly stated that all Solana tokens in…

Former CFTC Chairman Chris Giancarlo predicts the SEC might drop its lawsuit against Ripple. Giancarlo made the prediction during a recent interview on FOX Business. During the interview, Giancarlo commented on the state of U.S. crypto regulation, such as expanding the CFTC regulatory oversight over the industry and the potential outcome of the Ripple lawsuit. BREAKING: 🇺🇸 LEADING CANDIDATE FOR WHITE HOUSE “CRYPTO CZAR” STATES RIPPLE $XRP CASE WILL BE DISMISSED! “If you’re a betting man would they drop the XRP case?” – @CGasparino “I would bet they would.” – @giancarloMKTS Do you believe the SEC leadership under President Trump……

Transit Swap, a leading multi-chain aggregator, has announced a new integration with Across Protocol. This integration aims to enhance cross-chain swaps, enabling users to trade any tokens across multiple networks seamlessly. This news was announced on official Transit Swap X account. The integration of Across Protocol makes Transit Swap compatible with more tokens and networks. 🆕@TransitFinance New integration: @AcrossProtocol Transit Swap has already integrated @AcrossProtocol, boosting cross-chain swap of any tokens on any network! To Bridge Like A Pro on @TransitFinance!👉https://t.co/eh3zkCwcQm pic.twitter.com/pC4FUivTVJ — Transit Swap | Transit Buy | NFT (@TransitFinance) November 26, 2024 Transit Swap Enhances DeFi Experience with…

Bitcoin (BTC) is set for a potential breakout as increasing institutional investment, growing miner holdings, and rising exchange-traded product (ETP) flows signal mounting demand, according to VanEck’s latest Bitcoin ChainCheck report. The report also highlighted that the growing influence of institutional adoption in the Bitcoin market has strengthened the correlation between ETP flows and BTC price. ETP correlation Data from the report showed that weekly net inflows into US Bitcoin ETPs reached $19.4 billion by mid-October, with institutional inflows driving much of the price discovery process. The correlation between weekly ETP inflows and Bitcoin returns was notably strong, with an…

Mansa Finance, a DeFi platform offering liquidity to cross-border payment firms and import-export companies, has announced a strategic partnership with Clearpool. Based on the collaboration, Mansa will launch its cross-border payments and trade-finance services on the Ozean blockchain and Ozean’s DeFi ecosystem. Ozean is an RWA yield blockchain powered by Clearpool, a decentralized credit marketplace providing crypto lending and borrowing services to businesses. This marks a crucial development for Mansa’s commitment to democratize access to financing for businesses in emerging markets. The Ozean blockchain will enable Mansa to provide more accessible and efficient financial services to its customers. Expanding financial…

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap has breached a crucial level and currently is gaining significant attention from investors as well as traders. As of today on November 28, 2024, ETH’s breakout from a strong resistance level indicates that it is poised for a notable upside rally. Ethereum Technical Analysis and Upcoming Level According to Coinpedia’s technical analysis, ETH’s sentiment has strongly shifted toward the bullish side. In addition to breaching the horizontal support level of $3,550, the altcoin has also broken out of its five-day-long consolidation zone. This zone breakout near the resistance level is considered…