Author: NBTC
Injective burns protocol revenue weekly, reducing token supply and increasing deflation, especially after the INJ 3.0 upgrade. With high protocol revenue and consistent burns, Injective maintains strong deflationary pressure and prepares for new upgrades in 2025. While many blockchain initiatives are still finding their footing at the start of the year, Injective is accelerating with significant innovations. The network has started a series of updates aimed not only at technological improvement but also at enhancing the whole user experience since January 2025. $INJ Simply Explained -> Burns protocol revenue across the chain every week -> One of the highest revenue…
M3 DAO has announced its new partnership with PoPP, all set to revolutionize Web3 identity. This alliance aims to enable a more intelligent and adaptable digital identity that users will fully own. This collaboration focuses on security, growing concerns for privacy, and personal data control. In this way, the synergy strives to take a step forward to make a decentralized future. 🔥 M3 DAO x PoPP: Revolutionizing Web3 Identity! 🤖🪙 M3 DAO is teaming up with PoPP @Hi_PoPPOfficial , an AI-powered decentralized identity platform that analyzes on-chain behavior to create dynamic user profiles. 🚀Together, we’re redefining how identity works in……
Bitcoin price retreated below $95,000 on Tuesday, continuing a downtrend that began four weeks ago when it peaked at a record high of $109,200. Bitcoin (BTC) dropped as the odds of a Strategic Bitcoin Reserve, or SBR, in the United States declined on Polymarket. A Polymarket poll with over $6.9 million in assets placed the odds that Donald Trump will create an SBR in the first 100 days at 12%. The odds have been in a strong downward trend since peaking at 40% in January. Another poll showed that the likelihood of the Texas Strategic Bitcoin Reserve Act being signed…
The NFT market has pulled back alongside deepening crypto weakness, with Bitcoin falling to $83,000 and Ethereum dropping to $1,900. The overall crypto market cap has shrunk further to $2.73 trillion from last week’s $2.83 trillion. Non-fungible token sales volume has decreased to $109.2 million, according to CryptoSlam data. That’s a 7.84% decline from the previous week. However, market participation metrics tell a very different story, with buyer and seller numbers surging dramatically. The weekly data reveals these contrasting trends: Sales volume fell to $109.2 million from $121.5 million Buyers soared 697.00% to 204,693 Sellers jumped 419.23% to 133,708 Transactions…
World’s largest banks and fintechs are racing to launch their own stablecoins which are digital currencies pegged to the value of a dollar. Recently, Bank of America signaled its interest in entering the stablecoin game, joining the ranks of established companies like PayPal, Standard Chartered, Revolut, and Stripe in targeting a market currently dominated by crypto giants Tether and Circle. Institutions and Companies Race to Claim Their Share of the ‘Stablecoin’ Cake! One of the reasons behind this surge in stablecoins is that regulators worldwide are warming up to stablecoins as they could become a more accepted part of the…
According to Messari’s recent “State of Cardano Q4 2024” report, Cardano had significant growth in the last quarter. Cardano’s average daily DEX volume surged by 271% to $8.9 million in the fourth quarter. Cardano’s top DEXes were Minswap, WingRiders and SundaeSwap. DEX volume climbed by 40% year on year. ADA’s price surged 126% to highs of $0.84 in Q4, while its market capitalization increased 127% to $30.3 billion, with a minor difference due to a 2.2% drop in circulating supply. Due to the price increase, ADA’s circulating market cap position jumped from 11th to 9th in Q4. Meanwhile, fees in…
The latest report by CryptoDiffer highlights the most used dApps in the last 30 days, with Solana remaining the most chosen network, but also with some interesting new developments. Solana dominates the dApps sector, but starts to lose ground Aptos and Matchain grow by double digits Collapse for BNB Chain, Polygon and Sei The three fastest-growing blockchains Evolving market and new opportunities Solana dominates the dApps sector, but starts to lose ground At the top of the ranking, we find Solana, with 47.7 million dApps users in the last 30 days. However, despite the lead, the blockchain records a significant…
The combined market capitalization of the five biggest stablecoins passed $200 billion for the first time after Treasury Secretary Scott Bessent pledged on Friday to use the digital assets to help maintain the greenback as the world’s reserve currency. The market cap of the coins, whose value is pegged to a real-world equivalent such as the U.S. dollar, climbed as high as $205 billion, Glassnode data shows. Demand was buoyed by investors seeking relief from sliding cryptocurrencies such as bitcoin (BTC) and ether (ETH). Since President Donald Trump won the U.S. election, the stablecoin market cap has grown by $40…
Anthony Scaramucci, the founder and managing partner of alternative asset management and investment firm SkyBridge Capital, has backed modular exchange platform Kinto ahead of its token launch. Scaramucci says he is among the early investors and supporters of Kinto, with his firm backing the platform with a $150,000 investment. “Kinto’s modular exchange opens up tremendous possibilities for institutional investors to deploy capital on-chain and tokenize products without counterparty risk,” Scaramucci said. The project’s native token, $K, launches on Feb. 18, via a fair auction. You might also like: Exclusive: Scaramucci says Bitcoin to hit $200k this year, a matter of…
A new Arbitrum-based blockchain called Studio Chain is launching to explore what crypto can do in the entertainment sector. Karrat Foundation worked with Arbitrum Foundation on the project. Karrat Foundation is behind the KARRAT token used by AMGI Studios’ battle royale game My Pet Hooligan, which the team says has seen over 500,000 downloads on the Epic Games Store so far in early access. KARRAT will also become the native token for Studio Chain, and My Pet Hooligan will launch on Studio Chain. Quick sidenote: A couple years ago, I got to check out AMGI’s studio in California where My…