Author: NBTC
Band Protocol has recently connected with the Minato Testnet of Soneium, an Ethereum Layer 2 platform created by Sony Block Solutions Labs. With Band Oracle set to support further tokens as demand rises, developers can easily combine price feeds for popular symbols such as BTC, ETH, USDT, and USDC on Soneium Minato. 💬 Ready to dive into Web3 with Band & Soneium? Join the communities, get support, and stay up to date!📖 Read the full blog: https://t.co/3dPxBYBK0I — Band Protocol (@BandProtocol) October 16, 2024 Soneium is an Ethereum Layer 2 blockchain using a high-performance, developer-friendly environment meant to mainstream Web3…
A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products. According to Coinbase, customers can now buy, sell, covert, send, receive, or store WELL and ZK starting today. News of the listings sent both WELL and ZK flying, as the duo of assets saw respective gains of 31.22% and 4.21% on the day. WELL is trading for $0.0389 at…
Euroclear, a global provider of financial market infrastructure, has made its first foray into Asia by acquiring a strategic stake in Marketnode, a Singapore-based digital market infrastructure firm specializing in blockchain tech. The investment by Euroclear is aimed at leveraging blockchain to modernize financial market infrastructure, focusing on simplifying fund management and reducing settlement times through distributed ledger technology. The financial terms of the deal were not disclosed. Euroclear is a global financial services company that provides post-trade services, including the settlement of securities transactions, custody of financial assets, and collateral management. Singapore state-owned investment company Temasek, one of Marketnode’s…
Bitcoin (BTC) is on track to enter the phase of a real FOMO-driven bull run. The level just below the previous ATH will bring all sellers back rushing for missed profits, analyst Axel Adler says. Bitcoin (BTC): Real bull run starts at $69,500, expert says Bitcoin (BTC), the largest cryptocurrency, needs to hit $69,500 to let the proper bull run kick off. This level will activate the “fear of missing out” for those who already sold their BTC in this cycle, CryptoQuant’s verified author Axel Adler shared on X today, Sept. 14, 2024. The bull rally will begin when the…
Unstoppable Domains has launched an integration with the MetaMask wallet that enables cross-chain resolution of its domains. This will allow over 4 million users to conduct crypto transactions using readable domain names on 23 blockchains, simplifying interaction with wallets. In this article, we will see all the details. MetaMask Wallet: cross-chain resolution of domains for 4 million users More accessible and simple experiences The purpose of the collaboration: crypto adoption MetaMask Wallet: cross-chain resolution of domains for 4 million users The world of cryptocurrencies has just witnessed an important innovation that could revolutionize the way users manage their transactions on…
Veteran trader Peter Brandt has recently shared his insights on the Bitcoin/Gold ratio, implying that there may be a tradable local low on the horizon. In a recent tweet, Brandt provided an analysis of the Bitcoin/Gold ratio, which compares the price of Bitcoin to Gold. This ratio is a key indicator for traders looking to understand the relative strength of Bitcoin against the traditional safe-haven asset, Gold. Brandt accompanied the tweet with a chart that showed a pattern resembling a parallel channel, with Bitcoin trending down against Gold. There may be a tradable local low in the Bitcoin/Gold ratio $BTC…
Spot Bitcoin ETFs, or exchange-traded funds, broke out of a two-week outflow streak with over $403.8 million in weekly inflows. Analysts expect the uptick in institutional interest this year to help Bitcoin defy the bearish September narrative. According to SoSoValue, spot Bitcoin ETFs raked in $263.07 million on Sept. 13, the largest single-day inflow since July 22, with Fidelity and ARK Invest and 21Shares’ funds snagging over half of the day’s action. Fidelity’s FBTC continued its 5-day inflow streak, bringing in $102.1 million. ARK Invest and 21Shares’ ARKB, $99.3 million. Bitwise BITB, $43.1million. Franklin Templeton EZBC, $5.2 million. Grayscale’s GBTC…
Solana has emerged as the blockchain with the highest number of daily active addresses, outperforming other major tokens, including Bitcoin and Ethereum. According to the latest data, Solana recorded 3.04 million active addresses, indicating its growing traction in the blockchain space. This chart shows the number of daily active addresses across major tokens👇Which one are you bullish on? pic.twitter.com/QvxiFljo8Z — IntoTheBlock (@intotheblock) September 26, 2024 According to IntoTheBlock, Toncoin and Tron are positioned as strong competitors in the market, with 2.89 million and 2.5 million active addresses, respectively. These figures highlight the increasing adoption of Toncoin and Tron’s ecosystems, which…
Blockchain bonds are becoming increasingly popular as more financial industry players seek to enhance efficiency and transparency in the $130 trillion industry. The latest is the island nation of Palau, which has issued a blockchain bond to tap into local capital for infrastructure projects. In Germany, regional lender WIBank tested the waters with a €5 million ($5.4 million) blockchain bond as part of the region’s distributed ledger technology (DLT) trials. Palau taps blockchain savings bonds Palau is exploring blockchain savings bonds to raise capital for its infrastructure projects. It has partnered with Soramitsu, a Tokyo, Japan-based blockchain services company, on…
A widely followed crypto analyst believes Bitcoin (BTC) could soar by triple digits before the cycle ends. Crypto trader Michaël van de Poppe tells his 724,700 followers on the social media platform X that Bitcoin could increase by up to 890% from its current value if investors choose the flagship digital asset as a hedge against geopolitical tensions, banking instability and currency debasement. “The current valuation of Bitcoin is still super low. I wouldn’t be surprised with $300,000-$600,000 this cycle.” Bitcoin is trading for $60,588 at time of writing, up more than 4% in the last 24 hours. The analyst…