Author: NBTC

Tuna Chain has recently become a part of the Ontology ecosystem with a new partnership. This step marks a notable advancement in blockchain technology. Tuna Chain is distinguished as the first modular Layer 2 solution built on Bitcoin. It employs a ZK-OP hybrid approach to seamlessly integrate Ethereum’s EVM (Ethereum Virtual Machine) capabilities into the Bitcoin network. 🚀 Ontonauts, let’s welcome @TunaChain to the Ontology ecosystem! 🌐TunaChain is a cutting-edge L2 bringing EVM compatibility to the BTC network, enabling smart contracts & dApps like never before.🔥 Get ready for our upcoming AMA on the future of the BTC ecosystem. pic.twitter.com/XQ8nIKIfNV…

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Before the shift in mortgage rates, the United States housing market had been a tough nut to crack. Interest rate lock in at low pandemic and pre-pandemic rates has kept homeowners from selling their homes or refinancing. Mortgage Rates Falling Ahead Of Fed Cut Meanwhile, the low supply of homes for sale as a result of the pandemic era interest rate fluctuations has kept home prices sky high. The 30-year fixed-rate mortgage in the U.S. fell to 6.47% by Aug. 8, according to data from the St. Louis Federal Reserve. In November, home loan rates rose to record highs not…

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Palestine might soon join the BRICS club, according to recent developments. The group recently expanded to include four more countries and is now getting ready for a summit in Kazan, Russia, scheduled for October 22-24, 2024. For the first time, Palestine could be at the table, discussing the global economy, trade, and currencies with these heavy hitters. It’s a big deal, especially given the geopolitical weight of BRICS. The official invite is expected to land in Palestine’s lap any day now. President Mahmoud Abbas confirmed that discussions with Russia have been positive. And Russia’s the one at the forefront of…

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Dogwifhat (WIF), the biggest Solana-based meme coin, is a leader of the ongoing crypto upsurge. The WIF price soared by over 27%, while the closest competitor EGLD only added 17%. At the same time, smaller Solana meme coins also demonstrate amazing gains. Dogwifhat (WIF) undisputed: Meme crypto blasts past $2 billion cap As the crypto segment recovers after yesterday’s dramatic drop, meme coins yet again lead the process. Dogwifhat’s (WIF) price jumped above the crucial level of $2 and is extremely close to surpassing Arbitrum (ARB) by market cap after a 27% run, as per CoinGecko. As of printing time,…

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In the expanding world of Blockchain Technology, Solana and Aptos have set a record for the highest number of transactions in a single week. As per stats shared on X, Solana and Aptos have set the record of the highest transaction this week as compared to the other top blockchains of the week i.e., Tron, Near Protocol, Sei, Base and a few others along with BNB Chain. Top Blockchains by Number of Transactions in last 7 daysLet’s compare the top blockchains by number of transactions registered on-chain and average daily active addresses in last 7 days, according to @artemis__xyz, in…

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A widely followed cryptocurrency analyst and trader who nailed the 2018 Bitcoin bottom is expressing bullish sentiment on Bitcoin (BTC). Pseudonymous crypto strategist Bluntz tells his 269,300 followers on the social media platform X that he believes Bitcoin has likely bottomed out after completing an ABC corrective move on the four-hour chart. Bluntz is a popular practitioner of the Elliott Wave theory, which states that a bullish asset tends to witness rallies after concluding a three-wave correction. Says the analyst, “Clear three-wave move down on BTC so far, this ends up being a higher low, in my opinion. Time to…

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The European Central Bank’s plans to launch the digital euro, are being resisted by many people in Germany, Austria, Netherlands, and Slovakia. The concern is that a Central Bank Digital Currency will leave them dangerously dependent on technology. They also worry that a CBDC would intrude on their privacy and put savings at risk. These fears stem from the ECB’s pursuit of a CBDC, which officials believe to be better than physical cash. Officials will vote on its implementation in late 2025. ECB officials told Bloomberg that the digital euro will have advanced safety features and privacy. Encryption and hashing…

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Layer3, a community-driven initiative focused on building an omnichain infrastructure for distribution, identity, and incentives, has adjusted its tokenomics and increased the initial airdrop to 7.5% of the total supply, Layer3 Foundation shared in a recent post on X. To match the scale of the vision for Layer3, we have made 2 key changes: • Total supply of L3: 3,333,333,333. • The initial airdrop will be increased to 7.5% of total supply. Detailed tokenomics can be found in the Layer3 Foundation’s docs.https://t.co/xmeaXcv88G pic.twitter.com/hxH0dj91Fv — Layer3 Foundation (@Layer3FDN) July 5, 2024 As detailed in Layer3’s documentation, the total supply of L3,…

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This week marks the 20th anniversary of Hal Finney’s introduction of Reusable Proofs of Work (RPOW), a groundbreaking concept that paved the way for today’s digital currencies. Finney’s visionary work continues to echo throughout the cryptocurrency community, underscoring his deep insight into the development of digital cash systems. From RPOW to Bitcoin Hal Finney was a highly respected computer scientist and cryptographer, celebrated for his early and influential contributions to digital currency. He was among the first to engage with Bitcoin and famously received the first BTC transaction from Satoshi Nakamoto. Finney’s influence on the world of crypto assets is…

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The latest data from the CME’s “Fed Watch” tool shows a shift in market expectations for the Fed’s September interest rate decision. Accordingly, the probability of a 25 basis point rate cut remained at a high rate of 75%, while the probability of a more aggressive 50 basis point cut decreased to 25%. The change in forecasts comes after the latest inflation data revealed the slowest annual price increases since March 2021. While this positive development gave economists confidence in a September rate cut, it also sparked debate about the potential size of the cut. The Federal Reserve has kept…

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