Author: NBTC
Michael Saylor, a vocal Bitcoin evangelist who cofounded business intelligence behemoth MicroStrategy and has stepped down from being its CEO to be its executive chairman, has published a new tweet that has the BTC community intrigued. Recently, Saylor’s company, MicroStrategy, conducted yet another massive Bitcoin acquisition, while the BTC price took another dive. Michael Saylor hints at MicroStrategy’s new logo? Renowned entrepreneur and Bitcoiner Saylor published an image that depicts a furry cartoon-like creature that is eating coins with the Bitcoin sign on them. “New logo?” Saylor tweeted with that image. New Logo? pic.twitter.com/oWcZFkCxK4 — Michael Saylor⚡️ (@saylor) June 21,…
Pendle Finance, co-founded by TN Lee, has undergone a remarkable transformation from its origins as a failed Cold Brew business to a multi-billion entity. In a recent interview which was hosted by Kevin – WSH, Lee discussed Pendle’s evolution into a major decentralized finance (DeFi) protocol with a staggering $7 billion in total value locked (TVL). He noted that high-profile traders are taking interest in their project and mentioned Tron founder as well in this regard. E82: @pendle_fi : From a failed Cold Brew Business to a $7 Billion TVL Protocol@tn_pendle is the CoFounder of Pendle Finance – a DeFi…
The “ASOPR” (Adjusted Spent Output Profit Ratio) indicator is a useful tool for understanding market trends. This indicator is illustrated with a 200-day moving average. It helps investors to see how much profit is being realized in the market. Guessing the Peak of the Market“When the asopr indicator rises above 1, it generally occurs during market uptrends, indicating a higher likelihood of continued price increases. However, historical data suggests that when this indicator approaches 1.08” – By @Woo_Minkyu Read… pic.twitter.com/YHswbUyJaY — CryptoQuant.com (@cryptoquant_com) June 21, 2024 ASOPR Above 1 Signals Investor Profit Another fact which can be observed is that…
dYdX offers traders tools for trading without KYC, making it accessible and anonymous with competitive fees. Lido Finance simplifies staking with an easy to use platform, allowing users to earn rewards through liquid staking tokens like stETH in DeFi. MakerDAO provides secure borrowing with its DAI stablecoin, supported by the MRK governance token. This ensures loan security and decentralized control. 1. dYdX The dYdX protocol stands out as a leading DeFi platform. It offers traders advanced financial tools like margin and perpetual trading without requiring KYC, making it suitable for anonymous, trustless trading. It features competitive fees, gas-free trading, and…
Crypto.com has launched Airdrop Arena, a new gamified rewards feature in its app. This feature allows $CRO holders to lock up their CRO in monthly events for token rewards. This is in addition to other rewards products like Earn, on-chain Staking, and Supercharger. Introducing a brand new way to earn token rewards 一 Airdrop Arena!💰 Enjoy up to double-digit rewards🕹️ Access a gamified leaderboard experience🪂 Take part in monthly airdrops🎟️ Simply allocate $CRO to participate pic.twitter.com/10gJ35XX6Z — Crypto.com (@cryptocom) July 11, 2024 Airdrop Arena Offers $500K in CORGIAI Tokens Airdrop Arena is a competitive feature where users earn points based…
Moonveil, a cutting-edge Layer 2 gaming ecosystem, has successfully extended its Pre-Series A funding round, raising a total of $9 million. This milestone underscores Moonveil’s growing momentum and commitment to advancing Web3 gaming.—Leading the investment round is Spartan Group, with notable contributions from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. This fresh capital boost follows a previous seed round funded by P2 Ventures. The funds will be directed towards enhancing Moonveil’s infrastructure, expanding its community, and executing a strategic user acquisition plan focused on Web3 and GameFi enthusiasts.Moonveil’s platform, built on the Polygon CDK, leverages ZK-powered…
Chainlink has announced the integration of its Data Feeds on Starknet’s mainnet. This collaboration aims to accelerate the development and adoption of decentralized finance (DeFi) applications on Starknet through the Chainlink SCALE program. Chainlink Data Feeds are now available to Starknet developers, providing them with a secure and scalable data solution for building DeFi applications, according to a press release shared with BSCN. Johann Eid, Chief Business Officer at Chainlink Labs, expressed excitement about the integration, stating: “We’re pleased to support the Starknet ecosystem with the native integration of Chainlink Data Feeds, enabling developers to build highly secure and scalable…
Competition for blockspace is and always will be one of the core tensions that exist between different users of the Bitcoin protocol. At the end of the day there are only two restrictions on how it will be used, the technical and consensus layer of what is actually possible or allowed by the protocol, and the economic layer of what people are willing to pay to make use of blockspace to different ends. This is a fundamental and inescapable reality of how the network works. It is a purely market driven distributed mechanism for deciding how Bitcoin is used. Concerning…
In recent speeches, Fed officials Thomas Barkin and Austan Goolsbee highlighted the challenges and uncertainties facing the U.S. economy and offered their views on the current economic landscape. Richmond Fed President Thomas Barkin offered a nuanced view of the labor market, highlighting a significant shift in hiring practices. “What I’m hearing from people on the ground in the labor market is that people are cutting back on hiring but not cutting jobs,” Barkin said. He described the current environment as a “no hiring, no layoffs” situation, with job growth slowing but continuing positively. Barkin noted that there is a greater…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! It’s 7/11, which means free slurpees at 7-Eleven for anyone brave enough to venture out into the heat. That certainly won’t be me, as a northeastern weakling who wilts in anything above 85 degrees. Anyways: Helium eyes the energy sector Last week, the Helium Foundation said in a somewhat-cryptic blog post that it would be unveiling new proposals for “subnetworks” that go “beyond wireless.” Guesses as to what these subnetworks would be flooded in, ranging from proof-of-location to…