Author: NBTC
Using decentralized eSIMs, travelers and digital nomads can easily access global mobile networks and the internet without needing to use traditional carriers or paying expensive roaming fees. Boundless, the latest entry in the growing decentralized physical infrastructure networks (DePIN) industry, will launch its app for internal testing later this week and is targeting mid-November for an official launch. The Boundless service will provide internet access, is private, and requires no KYC to purchase, according to Isaac Rodgin, who heads Business Development at Liquify, a blockchain infrastructure provider that manages validator nodes and supports blockchain projects. Boundless is being launched in…
The Bitcoin price briefly touched $60,000, driven by positive economic indicators from the U.S. Companies like MicroStrategy and Marathon Digital Holdings are increasing their Bitcoin reserves, bolstering market confidence and institutional interest. Spot Bitcoin ETF inflows surged to $140.7 million, indicating renewed investor confidence. Discover how recent economic developments and institutional investments are driving a new wave of optimism in the Bitcoin market. Bitcoin Surges to $60K Amid U.S. Economic Data The price of Bitcoin has once again breached the $60,000 threshold. This trend is fueled by a combination of macroeconomic indicators and market dynamics, bringing excitement to the cryptocurrency…
As AI evolves and the need for more computational power increases, the demands on digital infrastructure have never been greater. It’s becoming a serious problem, with Big Tech hoarding the best hardware and monopolizing the industry. Enter DePIN, or decentralized physical infrastructure networks—a groundbreaking approach to tech infrastructure poised to revolutionize business operations. From scalability and cost efficiency to enhanced resilience, DePIN offers a myriad of benefits that traditional centralized models simply can’t match. One of the biggest players in this space, IO.net, agreed to chat about DePIN’s advantages, highlight its benefits, and look at the future of this innovative…
Coinbase has announced a significant upgrade for its forum for the trading of perpetual futures. As per Coinbase, the respective move permits eligible retail and institutional traders to get a leverage of nearly 20x, offering greater opportunities to the traders to maximize positions as well as boost profits. The platform took to its official social media account to provide the details of the latest endeavor. We’re thrilled to announce that we are increasing leverage to 20x for perpetual futures trading, available to institutions via Coinbase International Exchange and to retail traders via Coinbase Advanced. Take your trading further with 20x.…
Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully reclaims the critical $60,000 level. Faibik emphasized that a daily candle close above $60,000 would be crucial for pushing Bitcoin toward new highs by December. Faibik also highlighted the potential for a Broadening Wedge pattern breakout, which could push Bitcoin’s price to between $88,000 and…
Shiba Inu deployers could have made millions from the adoption of the meme coin if the project launched in the Sonic network. Andre Cronje, the founder of Sonic, recently discussed the potential earnings meme coin deployers could have made had their tokens launched on Sonic. He specifically noted that Shiba Inu (SHIB) deployers alone could have earned over $88 million. However, other meme coins like Pepe and Floki also stood to benefit massively, with potential earnings of $5.8 million and $1.6 million, respectively. These figures are a result of Sonic’s gas monetization model, which offers developers up to 90% of…
At the BRICS Business Forum in Moscow, Russian President Vladimir Putin announced that the bloc will continue discussing the use of digital currencies in investment developments. JUST IN: BRICS to use digital currencies for investment developments. pic.twitter.com/i7u7JFsC55 — BRICS News (@BRICSinfo) October 18, 2024 This highlights the group’s broader strategy to reduce reliance on the US dollar and assert greater economic independence. Putin noted that digital currencies could benefit both BRICS members and developing economies. Putin mentioned that Russia, along with other BRICS members, has already been working on a SWIFT-like financial messaging system and the use of national digital…
Allbridge has recently deployed a USDt (Tether) pool on Solana, which is groundbreaking for decentralized finance (DeFi) and cross-chain technologies. This integration is expected to improve the Solana ecosystem’s liquidity, flexibility, and user experience and represents a leap toward integration between blockchains. Solana USDT is now available on @Allbridge_io 🔥With Allbridge Core, you can easily bridge @Tether_to and other stablecoins from EVM to Solana natively. https://t.co/6wtrFOlFlF pic.twitter.com/qCwFbowRtB — Solana (@solana) October 15, 2024 Allbridge Expands Solana Routes with USDt Pool Allbridge, a well-known platform that helps transfer assets between blockchains, shared that it has expanded the Solana pools by adding…
Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure is to be maintained. The report notes that in August 2024, BTC’s price slid by 8.7% to $58,972. The leading digital asset was also unable to overcome its 200-day moving average, making two key support areas at $52,000 and $46,000 critical for its bullish momentum.…
Revolut is considering launching its own stablecoin as part of its growing crypto product suite, according to a Bloomberg report. The fintech giant is reportedly evaluating its options to release a stablecoin, but has yet to make a final decision on whether to proceed. There had also been rumors that Robinhood might release a stablecoin, but a spokesperson for the company clarified that there are “no imminent plans” for such a launch. Meanwhile, Revolut has neither confirmed nor denied its own plans to issue a stablecoin. While Robinhood has ruled out any immediate action in this space, Revolut remains non-committal.…