Author: NBTC

Hedera has announced an integration with Chainlink’s decentralized data infrastructure, bringing advanced capabilities to its network. This collaboration aims to enhance decentralized finance (DeFi) applications and the adoption of tokenized real-world assets (RWAs). Developers on Hedera now have seamless access to on-chain data essential for building secure and scalable applications. Hedera Leverages Chainlink Data Feeds Hedera’s integration of Chainlink data feeds equips its developers with reliable, tamper-proof market data. Chainlink’s decentralized oracle network (DON) aggregates and verifies data from multiple high-quality sources, ensuring accurate and manipulation-resistant pricing for digital assets. This functionality is critical for DeFi protocols, which require real-time…

Amid the mainstream adoption of Bitcoin (BTC) by nation-states as a form of hedge factor against fiat currency devaluations, the Royal Government of Bhutan has been a major supporter. According to on-chain data analysis provided by Arkham Intelligence, the Royal Government of Bhutan has purchased nearly 14k Bitcoins since early 2021. However, the Royal Government of Bhutan has significantly slowed down the Bitcoin adoption rate. In the past two months, the Bitcoin addresses associated with the Royal Government of Bhutan have offloaded more than 1k Bitcoins. Earlier today, the Royal Government of Bhutan transferred 406 Bitcoins to QCP Capital, worth…

The native token of Virtuals Protocol, the artificial intelligence and metaverse project that’s among hottest in the market amid rise of AI agents, rose to a new all-time high on Dec. 16. Virtuals Protocol (VIRTUAL) price hit $2.96 across major crypto exchanges to record a new all-time. The project, which offers an AI agent Launchpad on layer-2 platform Base, spiked as Bitcoin (BTC) smashed past $106,000. However, its gains came as the market continued to pay attention to AI-powered autonomous software. AI agents are the new buzz since Terminal of Truths hit millionaire status as the first agentic account on…

Jetking Infotrain, a 77-year-old Indian company, has just become the first publicly listed company in India to adopt the Bitcoin Treasury Strategy. The company’s CEO, Avinash Bharwani, announced that the company has added 12 Bitcoin (BTC) to its balance sheet, with a current market capitalization of INR 37.8 crore, amounting to INR 10 crore in Bitcoin holdings. This move shows growing interest in Bitcoin among businesses, signaling a shift toward using cryptocurrency as a reserve asset. BREAKING: 🇮🇳 Jetking Infotrain, Indian public company, adopts #Bitcoin treasury strategy.pic.twitter.com/N3SeJk8uMi — Sapna Singh (@earnwithsapna) December 9, 2024 What is the Bitcoin Treasury Strategy?…

Ethereum’s leveraged short position on the Chicago Mercantile Exchange (CME) has reached an all-time high, indicating a strong bearish sentiment in the market. The record leveraged shorts happened as open interest in Ethereum futures on the CME reached a record high of over one million ETH. Overall, open interest in Ethereum has increased over the past few weeks, setting a new record high of 6.91 million ETH ($27 billion) across all exchanges. While the heightened open interest indicates more speculative activity, the short positions raise concerns about the ETH price. ETH shorts reach new highs on the CME. Source: Zerohedge…

Chainlink ($LINK), a well-known blockchain oracle ecosystem, has recently caught attention in the crypto sector with a 22% spike. The massive surge in Chainlink’s price reportedly takes place amid the ongoing whale accumulation as well as increasing investor confidence. The rally marks a bullish period for the popular decentralized Oracle platform. #Chainlink (#LINK) is on a remarkable surge, with a 22% increase this week, driven by significant whale accumulation and growing investor confidence.The Currency AnalyticsAt #GroveX, we’re excited to support the #Chainlink community.Trade $LINK on our secure platform with… pic.twitter.com/UJ5dbYqdTT — GroveX (@GroveXchange) December 15, 2024 Whale Activity Boosts Chainlink’s…

Bitcoin (BTC) mining economics continued to improve this month, as the hashprice, a measure of daily profitability, rose 5% from the end of November, JPMorgan (JPM) said in a research report Monday. The hashprice increased as the rally in the world’s largest cryptocurrency outpaced the rise in the network hashrate, the report said. The hashrate is a proxy for competition in the industry and mining difficulty. The network hashrate has increased 6% month-to-date to an average of 773 exahashes per second (EH/s), the bank noted. “We note miners earned about $57,300 in daily block reward revenue per EH/s over the…

Spot Ethereum exchange-traded funds broke a crucial record as their inflows continued rising. Ethereum (ETH) ETFs have had inflows in the last 16 consecutive days, breaking a personal record. The net inflow on Friday, Dec. 14 stood at over $23.6 million, bringing the total amount since inception to over $2.26 billion. According to SoSoValue, all spot Ethereum ETFs hold over $13.7 billion in assets. The Grayscale Ethereum ETF is still the biggest with over $5.6 billion. It is followed by iShares Ethereum Trust ETF, Fidelity Ethereum Fund, Bitwise Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. One reason for…

On-chain sources have reported a substantial XRP transfer in recent hours; according to blockchain data tracker Whale Alert, 800 million XRP, valued at nearly $1.93 billion, were transferred from Binance to an unknown wallet. Whale Alert reports that 800,000,000 XRP worth $1,927,321,529 were transferred from Binance to unknown wallet. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 800,000,000 #XRP (1,927,321,529 USD) transferred from #Binance to unknown wallethttps://t.co/fOCWqJhcru — Whale Alert (@whale_alert) December 16, 2024 The transfer, which occurred in recent hours, represents one of the largest recent movements of XRP from a centralized exchange to an external wallet,…

On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. Bitcoin Miners Have Shed Over 4% Of Their Holdings In Past Year As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the BTC miners have been in net selling mode for a significant period of time. The on-chain metric of relevance here is the “miner reserve,” which keeps track of the total amount of coins that the miners as a whole are carrying in their wallets right now. When the value of this…