Author: NBTC
Donald Trump’s crypto business World Liberty Financial slashed its fundraising goal after sales of its WLFI token fell dramatically short of the initial target, according to a regulatory filing. The company now plans to raise up to $30 million from investors, a 90% cutback from the $300 million World Liberty Financial had originally sought. An SEC filing dated Oct. 30 says World Liberty Financial plans to “terminate” WLFI sales upon hitting $30 million. The change raises the possibility that former President Trump – who is running for election next week – may not quickly see any big payday from World…
Project Guardian is reportedly revolutionizing the financial markets through asset tokenization and by leveraging cutting-edge technologies like Chainlink. Project Guardian is a systematic initiative that is being led by Monetary Authority of Singapore (MAS). This collaborative effort unites key players such as Swift, UBS Asset Management, SBI Digital Markets, ANZ, and ADDX. 3 Project Guardian solutions featuring #Chainlink alongside Swift, UBS Asset Management, SBI Digital Markets, ANZ, and ADDX highlighted by @MAS_sg:https://t.co/QYLjes3dyj — Chainlink (@chainlink) November 21, 2024 The collective aim of these ledgers is to create a more efficient, secure, and interoperable digital asset ecosystem. Project Guardian is bridging…
Tesla has recently made waves in the crypto market with significant movements in its Bitcoin holdings. Despite recent transfers, Tesla continues to hold onto its original stash of Bitcoin, raising questions about strategic financial maneuvers. Arkham Intelligence suggests that these wallet transfers might be aimed at securing a Bitcoin-backed loan. This article delves into Tesla’s Bitcoin movements, exploring recent wallet transfers and their implications for future crypto strategies. Tesla’s Bitcoin Wallet Transfers: A Strategic Move? In a recent analysis by blockchain analytics firm Arkham Intelligence, Tesla’s maneuvers with Bitcoin wallets have prompted discussions about the company’s financial strategy amidst speculation…
Lido DAO price fell sharply as the broader crypto market pared gains alongside Bitcoin’s dip to near $70,700. On Oct. 31, the price of Lido DAO (LDO) declined over 10% to trade near $1.05 before regaining some ground. This downturn erased most of the gains from the recent rise from $0.99 on Oct. 28 to $1.15 on Oct. 30. The crypto market’s reaction to the U.S. Personal Consumption Expenditures index for September contributed to the sell-off. Bitcoin (BTC) also appeared to respond negatively to the PCE index. While Lido DAO’s decline mirrored dips in other altcoins, data from Spot On…
The Dune index, tracking on-chain activity and user profiles, points to a new all-time high of crypto adoption. The activity hinges on top chains, including Bitcoin (BTC), and points to both wallet growth and token turnover. The Dune index points to an all-time high crypto adoption, after a constant growth trend since September. The index expanded from a local low of 33 points to 84 points, coinciding with the all-time high of Bitcoin (BTC) above $99,600. On-chain data of crypto adoption surpassed the market peak in March, and reflected the most successful weeks of the bull market in the last…
Legendary trader Peter Brandt recently discussed the current price action of Bitcoin, highlighting his risky bet on an uptrend amid a bearish signal. In an analysis published on October 21, Brandt identified a seven-month inverted expanding triangle formation that continues to shape Bitcoin’s price behavior. This pattern, also known as a “broadening formation,” has been unfolding since March, when Bitcoin reached its historic high. The formation consists of two sloping trendlines that diverge over time, creating a broadening shape. It arises amid a series of lower lows and lower highs amid Bitcoin’s seven-month-long consolidation. Peter Brandt Bitcoin chart Notably, the…
Polymarket, an online prediction marketplace, has gained popularity during this year’s United States elections. Reports suggest that users have placed bets worth over $2.7 billion, forecasting whether Trump or Kamala will win the 5 November presidential elections. While Donald Trump leads at 65% against Kamala’s 34.9%, recent research has raised worries about Polymarket’s legitimacy and accuracy. Source: Polymarket Cryptocurrency research firms Inca Digital and Chaos Labs discovered widespread wash trading plagued the prediction’s platform. The analytics platforms concluded that about 33.33% (one-third) of the trading volume on Polymarket was fake. “Chaos Labs found that wash trading constituted around one-third of…
AILayer has revealed its groundbreaking partnership with CycleX. AILayer is a leading force in Web3 technology while CycleX is a pioneering platform specializing in Real-World Assets (RWA). this collaboration is a significant milestone in bringing blockchain innovation with real-world applications. 🤝 #AILayer is thrilled to announce our partnership with @CycleXTeam!CycleX is an innovative platform dedicated to RWA (Real-World Assets), offering a comprehensive suite of features, including real-time RWA market data, tokenized fund issuance, and advanced DEX trading.… pic.twitter.com/gUtsNOjSW5 — AILayer (@AILayerXYZ) November 22, 2024 CycleX’s renowned and advanced platform offers real-time RWA market data. It also provides tokenized fund issuance…
Bitcoin (BTC) has surged 7% over the last two weeks, rallying from $59,400 to $69,300. This sharp recovery has reignited market optimism, with an analyst identifying several key factors suggesting a potential bullish breakout for Bitcoin. With the U.S. Presidential election just two weeks away, traders and analysts are closely watching how key events, such as the election and historical price cycles, might trigger Bitcoin’s next significant move. Notably, an analysis by TradingShot leverages the Mayer Multiple Band, with Bitcoin hinting at a possible bullish breakout that aligns closely with its established four-year cycle pattern. Historical 4-year cycles: A blueprint…
Cellula, a blockchain gaming platform backed by OKX Ventures and Binance Labs, is securing its renown in the decentralized finance scene, recently outperforming every other protocol in 24-hour revenue. Data from Defi Llama shows Cellula has generated an astonishing $179 million in 24-hour revenue on Nov. 21, placing it ahead of other top protocols like Tether, Solana, and Raydium. Protocol fees | Source: Defi Llama According to data from Defi Llama, about $8.95 million of this figure directly benefits holders. However, Jito, a liquid staking protocol operating on Solana, follows distantly with $15.55 million in fees and $621,829 in revenue.…