Author: NBTC
1inch, a decentralized finance (defi) platform, has officially rolled out Fusion+, a cross-chain swapping tool designed to enhance the security and simplicity of decentralized transactions. Fusion+ by 1inch Aims to Improve Security and Usability in Defi Swaps As shared with Bitcoin.com News, the 1inch announcement highlighted Fusion+ as a solution to persistent challenges in cross-chain interoperability, which the team sees as a barrier to broader adoption of defi. Traditional approaches often depend on centralized bridges, which come with security concerns, or decentralized methods that many users find overly complex. 1inch asserts that Fusion+ tackles these problems head-on with its decentralized,…
Ethereum co-founder Vitalik Buterin, who has influenced the price of the asset with his posts and statements in the cryptocurrency market, recently praised the altcoin called Polygon. Responding to a post from the X account, Buterin praised Polygon’s ZK performance. At this point, Daniel Lubarov, the developer of Ethereum layer-2 scaling solution Polygon Zero, first shared that the performance of the zero-knowledge proof system Plonky3 has made a major breakthrough and can process more than 2 million hashes per second. (Polygon Plonky3 was an open source system that allowed zero-knowledge (ZK) developers to build their own virtual machines based on…
Gary Gensler, the high-profile and often polarizing chair of the U.S. Securities and Exchange Commission, announced his resignation, effective the day President-elect Donald Trump takes office. Here’s the announcement on X: On January 20, 2025 I will be stepping down as @SECGov Chair.A thread 🧵⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 Gensler’s decision is hardly unexpected for those attuned to Washington’s political rhythms. Leadership changes at federal agencies often coincide with the arrival of a new administration, especially when there’s an ideological shift. Here’s a closer look at the situation. Table of Contents Gensler’s crackdown on crypto Social media…
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what’s next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov. 21, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. Cipher Mining (NASDAQ: CIFR) has delivered one of the strongest YTD performances among public Bitcoin miners as of November 19, 2024. Within investment circles, comparisons between TeraWulf and Cipher have sparked interest, with some noting the latter’s stronger…
SunPump, since its launch, has made significant advancements in the TRON meme ecosystem. The platform has joined forces with an impressive range of FinTech firms. The alliances include centralized exchanges (CEXs), decentralized exchanges (DEXs), wallets, and many more. 🌟 Introducing the SunPump Partner Landscape 🌟Since our launch, #SunPump has proudly joined forces with dozens of ecosystem partners, including CEXs, DEXs, wallets, and more.🫶 Your steadfast support has been pivotal in driving growth within the #TRON meme ecosystem. A… pic.twitter.com/fFrmYueEGY — SunPump (@sunpumpmeme) November 20, 2024 SunPump has strengthened its position as a key player in the Web3 space through different…
Cardano founder Charles Hoskinson has expressed agreement with the idea that ADA is “the main character” in the ongoing bull market. Nebulor, an advocate of Cardano, recently took to X to share his sentiment about the ADA token, the 11th largest cryptocurrency with a market cap of $12.45 billion. He noted that, in his view, ADA seems to be emerging as the main character in the market at this time. This opinion quickly gained traction within the community, especially among Cardano supporters. Some resonated with Nebulor’s view, noting that “something big” is on the horizon, while others found the claim…
A recent analysis of Bitcoin’s Net Unrealized Profit/Loss (NUPL) provides intriguing insights into its market dynamics, suggesting an emerging uptrend. NUPL, a popular indicator used to gauge the overall sentiment of Bitcoin holders by measuring the division between unrealized profit and unrealized loss, remains above the pivotal 0.50 mark. This threshold often indicates that most Bitcoin holders are in a state of profit, which can precipitate bullish market behavior. NUPL Analysis: Indications of Market Sentiment and Potential Uptrend“The fact that the technical aspects of the price and NUPL are correlated and NUPL remains above 0.50 may reflect that we are…
Amid the ongoing pullback in Solana, whale activity involving SOL has been on the rise, particularly in staking wallets. Transaction records on SolScan reveal substantial whale activity, with several SOL transfers from Binance to the wallet address AA21…VxH9. Lookonchain’s analysis indicates that this whale moved 206,111 SOL, valued at $36 million, from the Binance exchange over the past nine days. Whales continue to buy $SOL and stake it! AA21…VxH9 has withdrawn 206,111 $SOL($36M) from #Binance and staked it in the past 9 days.https://t.co/1vpVWG5SSK pic.twitter.com/42EAFnhQ7D — Lookonchain (@lookonchain) October 31, 2024 Such movements, especially from large holders, typically indicate an optimistic…
Glacier Network has recently announced its latest collaboration with a Web3 platform KOLZ. The partnership between Glacier Network and KOLZ targets to develop AI-driven programmable and scalable blockchain infrastructure. The platform took to social media to disclose the respective development. 🔊 Announcing Partnership With @ChatKolzWith Glacier’s scalable infrastructure for #CryptoAI, we will empower devs to build apps and also to leverage the knowledge and influence of top influencers in this space.Enabling the next-level interactions.https://t.co/cd2YlfqkMg — Glacier Network 🧊 (@Glacier_Labs) November 20, 2024 Glacier Network Partners with KOLZ, Leveraging AI-Powered Blockchain Infrastructure Glacier Network pointed out that the collaboration intends to…
Crypto options traders are increasing their bets that bitcoin will touch fresh highs by the end of November, per Bloomberg. Options due to expire on November 8 have their highest open interest at the $75,000 strike price, indicating a key market focus area for that period. Bitcoin (BTC) may cross previous highs in the coming weeks regardless of which candidate becomes the U.S. president, some traders say, in a shift of tone ahead of the November elections. Traders have long perceived Republican Donald Trump’s victory as a bullish catalyst for the industry for his pro-crypto stance and promises to make…