Author: NBTC

L2 modular blockchain Manta Network has announced a partnership with Solana meme coin project Bonk (BONK) to launch a meme-themed campaign on Manta Pacific. In a press release shared with crypto.news, Manta noted that by integrating BONK’s community-building expertise, it aims to make its onboarding process more accessible and engaging for its users. To celebrate the latest collaboration, Manta has also introduced a new rewards program on Manta Pacific, Manta Network’s modular L2 ecosystem designed for EVM-native zero-knowledge applications. The partnership aims to foster an interconnected meme community and enhance user engagement through the “Dual Citizenship” and “Active Participant Rewards”…

Value DEX, a prominent decentralized exchange, has recently announced its partnership with Three Protocol. The collaboration targets onboarding Three Protocol to Value DEX to offer cutting-edge solutions that would revolutionize the decentralized sector. The platform took to its official social media account to offer insights into this endeavor. 🟦 WELCOME ONBOARD !!!@ThreeProtocol utilities ZKP technologies to create completely private Decentralised Digital ID’s (ZKI3’s) with reputational submissions from blockchain protocols. Three Protocol uses state-of-the-art Neural Network AI technology to bring eCommerce and… pic.twitter.com/K06xlTMsf3 — Value DEX – Valu.so (@valu_so) August 10, 2024 Value DEX Announces Onboarding Three Protocol in Its Latest…

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to go before the crash is over, prediction another 20% decline from here. Bitcoin Falls Below Major Pricing Band Crypto analyst Ali Martinez posted a new analysis on X (formerly Twitter) on the Bitcoin price that paints a rather bearish picture for the pioneer cryptocurrency. According…

In the latest data on decentralized finance (DeFi) protocols, Uniswap has emerged as the leader in terms of average fees collected over the past seven days. According to recent figures, Uniswap generated a staggering $2.3 million in fees, solidifying its position as the top-performing DeFi project in this metric. This significant lead underscores Uniswap’s dominance and the growing user adoption of its decentralized exchange platform. TOP 10 PROJECTS BY 7D AVG. FEES #Uniswap – $2.3M#Aave – $1.0M#KyberNetwork – $297.3K#MakerDAO – $262.0K#Sushi – $51.5K#Curve – $47.0K#GMX – $38.5K #Synthetix – $19.2K#Spookyswap – $18.8K #TraderJoe – $14.0K pic.twitter.com/jUTpFTWXRA — PHOENIX – Crypto…

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound. However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend. By Shayan The Daily Chart A closer look at Ethereum’s daily chart reveals a strong bullish response near the critical $2.1K support level, resulting in a rapid surge. This movement indicates robust demand around $2K, with investors showing interest at lower prices, reflecting their confidence in its long-term potential. However, ETH…

Barely one year after Osaka Digital Exchange (ODX) rolled out a digital securities platform for trading security tokens, several reports have emerged that the exchange is set to begin listing digital bonds. The SBI-backed digital exchange confirmed that ODX’s START platform will host digital bonds that meet the listing criteria. Since START’s launch in late 2023, real estate security tokens have been the most common issuances on the platform, given their innate popularity in Japan. ODX will open its doors to three digital bonds in the coming months but specifics were not disclosed to the public. The successes of digital…

Bitcoin’s potential to hit $100,000 remains a topic of keen interest among investors. Various market dynamics and economic indicators suggest that this ambitious target is still within reach. Experts share insights on what it will take for Bitcoin to achieve this milestone. The Path to a $100,0000 Bitcoin Felix Mohr, co-founder of MohrWolfe, told BeInCrypto about Bitcoin’s potential, emphasizing the growing demand and increasing Open Interest (OI). Recently, Bitcoin futures OI surged by $2.02 billion in just three days. “This increased buying interest in Bitcoin is no coincidence. Investors have made it clear they anticipate two US Federal Reserve rate…

BlackRock’s Ethereum exchange-traded fund (ETF), the iShares Ethereum Trust, could become the first US spot Ethereum fund to hit $1 billion in net inflows. The ETF, trading under the ETHA ticker, has logged around $901 million in net capital just three weeks after its launch and is well on track to achieve the milestone, Farside Investors’ data shows. Ethereum ETF Flow – Source: Farside Investors Nate Geraci, the president of The ETF Store, is confident that ETHA will reach $1 billion in inflows this week, adding that it is one of the top six most successful ETF launches of the…

According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June 2022. Bitcoin Exchange Reserves Dip to 2018 Levels Over the past month, starting from July 11, 2024, a staggering 99,308 BTC, valued at $5.96 billion, has been withdrawn from exchanges. Currently, cryptoquant.com’s data shows that centralized exchanges are holding 2,679,880 BTC, worth approximately $161 billion based on bitcoin rates as of Sunday, Aug. 11. The last time reserves were this low was…

Real Vision macro expert Julien Bittel believes that Bitcoin (BTC) is on the verge of going parabolic based on historical precedence. Bittel tells his 69,400 followers on the social media platform X that Bitcoin is in a historical “boring” phase ahead of an expected “banana” rally that has come after the halving events when miners’ rewards are cut in half. “What we’re currently witnessing in terms of Bitcoin price action is fairly typical around the actual halving: a big pump leading into the halving, followed by a brief but sharp correction, a period of sideways chop, a final dump to…