Author: NBTC

Decentralized exchange (DEX) Vibrant Finance has launched on Neon EVM, a Solana-based platform, marking its foray into the non-Ethereum DeFi landscape, according to a Feb. 23 press release. The DEX utilizes the Discretized-Liquidity Automated Market Maker (DL-AMM) model to overcome existing limitations within traditional DeFi exchanges. Vibrant Finance CEO Jimmy Yin expressed enthusiasm about this deployment on Neon, emphasizing its potential to bridge Ethereum’s vibrant DeFi ecosystem with Solana’s robust liquidity and transactional efficiency. “With our latest deployment on Neon EVM, we aim to make liquidity more efficient and foster cooperation between chains and ecosystems,” Yin remarked. The DL-AMM model,…

December 2023 witnesses a $47 million peak in Polygon NFT sales. Web3 game Gas Hero drives Polygon’s NFT success. Despite the surge, Polygon trails in NFT sales volume. Polygon (MATIC) experiences a remarkable resurgence in December 2023, with NFT sales reaching an impressive $47 million, marking a 10-month peak. The surge is attributed to the success of Gas Hero NFTs from the Web3 game, contributing $15.8 million to the spike. 🚀🌌 Polygon (#MATIC) makes a stellar comeback! 🌟 December 2023 saw #Polygon NFT sales skyrocket to $47 million, hitting a 10-month peak! 📈🚀 Gas Hero NFTs from the Web3 game…

While all eyes are on Ethereum ETFs after the SEC’s approval of spot Bitcoin ETFs, analysts are divided on the approval. While some analysts, such as Standard Chartered analysts, believe that the SEC will approve ETH ETFs in a short time and the price will increase, some analysts believe that due to some ongoing lawsuits in the USA and the SEC’s failure to clearly explain whether ETH is a security or a commodity. He thinks ETH ETF approval may be delayed. As you may recall, Standard Chartered claimed in a recent report that Ethereum could rise to $4,000 in the…

While Bitcoin continues its horizontal movements between 42,000 and 43,000 dollars, all eyes on BTC and altcoins today are turned to the economic data coming from the USA. The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy. The data disclosed is as follows: Non-agricultural employment Data: Announced 353k – Expected 187k – Previous 216k Unemployment data: Announced 3.7% – Expected 3.8% – Previous 3.7% The reaction of Bitcoin and dollar index after the incoming data was as follows: Effect of Non-Farm Employment and Unemployment…

Shiba Inu (SHIB) has seen its popularity grow remarkably since its emergence in 2020, producing millionaires along the way, a trend many believe will continue until 2030. Multiple stories have emerged, narrating how Shiba Inu’s low price at inception turned many investors into millionaires with small investments. This trend boosted the popularity of SHIB among investors and even inspired the emergence of many related meme coins. There is currently a division on whether or not Shiba Inu has what it takes to record the massive growth trends it once saw in its early days. Shiba Inu Next Millionaires: the Feasibility…

Bitcoin’s price premium on Coinbase hit a 9-month high, indicating demand from U.S. investors, CryptoQuant data showed. The recent price rally to $52,000 occurred mostly during U.S. trading sessions, with modest price appreciation during Asian and European hours, 10xResearch’s Markus Thielen noted. Bitcoin’s (BTC) latest surge to $52,000 was mainly driven by U.S. investor’s strong demand for the largest digital asset, trading data shows. While massive inflows into the new spot bitcoin exchange-traded funds (ETF) dominated the headlines, BTC has also been trading at the highest premium in 9 months on the U.S.-based crypto exchange Coinbase. The so-called “Coinbase Premium…

Curve Finance‘s decentralized finance (defi) expansion plans highlight the deployment of new lending contracts, enabling arbitrage traders to capitalize on profitable trading opportunities. Curve rolls out new lending contracts The introduction of lending contracts by Curve Finance opens up new avenues for arbitrage traders, presenting them with the opportunity to potentially secure substantial profits. The deployment of these lending contracts signifies Curve’s entry into the competitive defi lending market. By allowing users to lend their assets through smart contracts, Curve is diversifying its offerings and providing its users with more ways to participate in the defi ecosystem. This move is…

OKX, a prominent player, has announced significant updates as of January 3, 2024. The company’s latest venture is the expansion of its non-fungible token (NFT) Marketplace, which now includes support for Aptos inscriptions. This advancement positions OKX as a pivotal marketplace for trading a diverse range of collectibles and digital assets. The OKX NFT Marketplace, known for its user-friendly, multi-chain platform, is enhancing its services by integrating with BlueMove, a multi-chain NFT marketplace prominent on Aptos and Sui blockchains. This integration is expected to offer superior liquidity options to its users, further cementing OKX’s status in the NFT space. The…

A mysterious Ethereum wallet that had been inactive for nearly nine years has suddenly come back to life. Crypto data tracker Whale Alert reported in recent hours that a dormant premine address containing 492 ETH, currently worth $1,139,052, has just been activated after 8.5 years. Its owner most likely purchased the tokens during Ethereum’s ICO, when each ETH was worth approximately 31 cents. 💤 A dormant pre-mine address containing 492 #ETH (1,139,052 USD) has just been activated after 8.5 years!https://t.co/QI9hYG7GbD — Whale Alert (@whale_alert) February 2, 2024 However, the wallet remained dormant for the next eight and a half years,…

In a report published yesterday, US Banking giant JP Morgan expressed concerns about the increasing dominance and rapid expansion of Tether in the stablecoin market, saying that this could be a major risk for the broader crypto market. JP Morgan analysts underlined Tether’s lack of legal compliance and transparency in the report, stating that its increasing concentration is seen as a negative for the stablecoin universe and the general cryptocurrency ecosystem. Tether CEO Paolo Ardoino’s response to JP Morgan’s report was immediate. Speaking to The Block, Tether CEO argued that Tether’s growing market dominance is ‘negative’ for JPMorgan, which competes…