Author: NBTC
5ireChain, which is a Layer-1 decentralized, future-proof, and multi-purpose solution platform, is proud to present a partnership with Umbrella Network, a remarkable independent data and oracle provider. This partnership will bring significant benefits to the 5ireChain ecosystem through the integration of real-time price feed information, making it a more robust and active base for dApps. 📣Hey 5irechain Fam👋We’re thrilled to announce that Umbrella Network is partnering with us! 🔗🗣@UmbNetwork will be the exclusive oracle powering the 5ire ecosystem, providing 7 high-frequency price feeds for impactful #dApps.🤝🌐This collaboration blends innovation &… pic.twitter.com/KyCYNObv50 — 5ireChain (Mainnet is live) (@5ireChain) December 12, 2024…
BlackRock’s spot bitcoin (BTC) exchange-traded fund (ETF), tickered IBIT on Nasdaq, dropped on Tuesday as the overheated crypto market cooled and unfounded concern that bitcoin’s security might be compromised by quantum computing percolated across social media. IBIT’s price fell 5.3% to $54.73, the biggest single-day drop since early August, according to data source Investing.com. The bitcoin price fell over 4%, hitting lows under $94,300, as overleveraged altcoin traders were liquidated, leading to bigger losses in the broader market. While such pullbacks are typical in a bull market, Monday’s losses are noteworthy because they came alongside Google’s announcement of its Willow…
Another billion Tether (USDT) has been minted, managing to keep up the pace of the bull market. In the past five weeks, Tether minted a total of $21B in USDT tokens, with most mints on the Ethereum network. Tether (USDT) expanded its supply once again and is on track to go above 140B tokens. The latest mint arrives at a time when Bitcoin (BTC) still held above $100,000, but its rally had stalled for a few days. Another 1B USDT token was created on the Ethereum network and immediately sent to the Tether treasury. The Treasury is also the source…
Shiba Inu’s ShibaCon, originally scheduled for November 9, has been postponed. Ticket holders will receive refunds and free VIP tickets for the rescheduled event. Despite that, SHIB’s price has surged substantially as of late, with its market cap reaching $11 billion. Approximately 53% of all investors are currently in profit. Change of Plans Shiba Inu was about to hold a global conference in Bangkok, Thailand, on November 9. The gathering, called ShibaCon, aimed to bring together developers, supporters, and enthusiasts from around the world to discuss the project’s technological progress and potential ecosystem developments. Recently, though, the team behind the…
U.S. Treasury Secretary Janet Yellen has a message for President-elect Donald Trump: back off from meddling in the regulation of the American banking system. She called out Trump’s transition team for reportedly eyeing drastic cuts or mergers in Washington’s top financial oversight agencies. Naturally, his return to power has raised questions about how far his administration might go to upend financial regulations built over decades. Yellen, speaking as she prepares to hand over the Treasury keys to Trump’s nominee Scott Bessent, made it clear she’s not against change, but radical interference? That’s a no-go. Banking regulations under the microscope “Bankers…
BLOCX, a blockchain-powered ecosystem renowned for its focus on security and efficiency, has announced the integration of IQ GPT, an AI-powered chatbot. This collaboration with IQ.wiki brings advanced capabilities to the BLOCX platform, enabling users to access accurate and comprehensive blockchain-related information instantly. BLOCX integrates IQ GPT 🔥@BLOCX_TECH is a blockchain-powered ecosystem that aims to enhance security and efficiency as the “Safety Layer of DePIN” by utilizing the Autolykos 2 algorithm for GPU mining. With IQ GPT, the BLOCX community can now get quick & accurate answers to… pic.twitter.com/XFWh92DUcm — IQ (@IQWIKI) December 12, 2024 The integration aligns with BLOCX’s…
Bitcoin’s price fell as a bout of selling buffeted the crypto market, but an even more striking development occurred: the Coinbase Premium surged. CryptoQuant noted this divergence in a recent tweet, stating that “Bitcoin plummets, but Coinbase Premium surges.” Bitcoin Plummets, But Coinbase Premium Surges“Rebound suggests that when excessive panic selling occurs on Binance, which has a higher proportion of small investors, U.S. institutional investors are likely to adopt an aggressive buying strategy.” – By @MAC_D46035 Link 👇… pic.twitter.com/eaXxRhemUp — CryptoQuant.com (@cryptoquant_com) December 10, 2024 The Coinbase Premium is a measure that represents the percentage difference between the Bitcoin prices…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. For those who don’t know, I’m Canadian. However, I spent nearly every hour of the day thinking about macro from a US perspective. In the world of markets, the US is at the center and everything else is secondary. Reflecting on the two worlds I live in poses an interesting vignette as to why it feels like the Fed keeps stopping and starting on its approach to monetary policy with respect to the economy. The Canadian unemployment rate just hit a cycle high of 6.8% and…
Renowned financial pundit Gary Cardone has stirred excitement with a cryptic tweet suggesting that XRP is on the brink of a major development. His message was styled in a military theme, metaphorically describing an impending development concerning XRP. “XRP – LAUNCH PAD IS: Green… Proceed with launch codes,” Cardone wrote, hinting that XRP could soon make a significant price leap. This disclosure comes at a time when XRP’s price trajectory has been largely subdued and unimpressive. On the daily timeframe, XRP posts a 0.17% decline, with a modest 2.3% gain over the past week. At the $0.5438 price, investors who…
Ubisoft has collaborated with Ethereum Name Service (ENS) to integrate blockchain-based identities into the Captain Laserhawk Universe.This collaboration provides players with personalized, blockchain-based identities within the game. The First-Ever Gaming Collaboration of ENS According to the latest announcement from Ethereum Name Service, players will receive personalized Niji Warrior ID Cards, each linked to an ENS subname under “edenonline.eth.” These subnames connect in-game characters with players’ Ethereum addresses, creating a seamless digital identity within the game. The integration offers players consistent, recognizable identities across the Captain Laserhawk Universe. According to the studio, this will enhance engagement and immersion. “Integrating ENS in…