Author: NBTC
Web3 entertainment firm Imaginary Ones, in collaboration with fashion brand HUGO, has unveiled a new customizable denim jacket integrated with web3 features. Per a press release shared with crypto.news, the special-edition item, part of HUGO’s denim-focused new line, HUGO BLUE, aligns with the brand’s strategy to engage with Gen-Z audiences through gaming and Metaverse platforms. Details of the jacket were initially shared with the Imaginary Ones community on Discord and X on March 12. From March 14, community members were able to book the physical jacket using Tether’s USDT. All the jackets were reserved within an hour of launch. The…
A recently surfaced sheet projects an XRP price increase to an audacious $1,000 value, factoring in a daily cross-border payment volume of $1 trillion. XRP’s utility in cross-border payments, especially as utilized in Ripple’s On-Demand Liquidity product (now Ripple Payments), has contributed to the bullish sentiments surrounding the cryptocurrency among market participants. XRP’s Utility in Cross-Border Payments This utility has caught the attention of multiple payment entities over the years. Last December, a JPMorgan report mentioned Ripple and XRP as entities that could help unlock the $120 billion trapped in cross-border payments. The Crypto Basic also revealed in November 2023…
Astar Network is a multi-chain smart contract platform that supports multiple blockchains and virtual machines (VMs). It has partnered with Sequence, a prominent development platform for web3 integration into games, to launch Astar Studio. This new developer platform is built on the advanced Astar zkEVM and is powered by Sequence technology. Astar Studios is designed to revolutionize web3 project development by providing user-friendly tools. It offers developers control and innovative tools for the creation and management of web3 applications built on robust capabilities of Astar zkEVM, a next-generation zero-knowledge Layer 2 scaling solution. Supercharing web3 gaming and developer growth Astar…
FluidTokens, a Swiss-based company specializing in decentralized finance (DeFi), has announced the launch of the first decentralized exchange (DEX) dedicated to Runes. This innovative platform is designed to operate on both Bitcoin and Cardano blockchains, offering a new way for users to engage with meme coins through DeFi services. FluidTokens Utilizes Hype Of Bitcoin Runes FluidTokens’ new DEX provides a specialized platform for the trading and liquidity of Runes, a new type of digital asset that has been gaining traction in the crypto community. Developed by Casey Rodarmor, the mastermind behind the popular Ordinals protocol on Bitcoin, Runes are designed…
As market analysts anticipate a major price recovery for XRP, we’ve outlined how your 10K, 50K, or 100K XRP holdings could turn to $1 million. Despite the relief rally across the broader crypto market, XRP has only increased 1.87% over the past day. XRP, which currently trades at $0.5302, has plunged by 8.23% on the monthly charts. At the current price, XRP has also dipped 13.9% this year. While several investors find XRP’s price action disappointing, they have remained optimistic about the coin’s prospects. This optimism is fueled by multiple XRP forecasts from notable analysts, with projections of potential spikes…
As the blockchain ecosystem grows, so does the demand for flexible, customizable tech. Scalability is about making technology more accessible to Web3 builders and consumers. If developers can build scalable applications, they can reach more users without increasing their costs significantly or needing to multiply their resources. For those wishing to bootstrap a chain with limited resources, layer-3s could serve as a promising opportunity. By cutting down on overhead operational and onboarding costs, layer-3s are quickly becoming an important piece of the blockchain ecosystem to give developers greater flexibility and growth opportunities. When layer-3s started trending, they were met with…
In a recent development, prominent e-car producer Tesla run by Elon Musk has added Dogecoin as an official payment option to its website. The payments page has been updated and now it includes Dogecoin, crypto community’s favorite meme coin. Tesla officially embraces Dogecoin However, Tesla still accepts DOGE only for merchandise in the online Tesla Shop. The addition says that “Dogecoin may also be accepted on select products.” For the first time, Elon Musk’s company began to accept Dogecoin as an experiment in January 2022. Back then, the tech mogul stated, it was an experiment to see how it will…
OKX, a prominent player in the Web3 technology landscape, has announced a significant update to its platform. As of May 18, 2024, the OKX Wallet has been integrated with Runes Bridge, a move that significantly enhances the wallet’s capability by facilitating seamless asset transfers across various blockchain networks. This strategic integration ensures that users can easily transfer assets using the Runes standard, connecting Bitcoin with major networks like Ethereum, Arbitrum, BNB Chain, and Polygon, among others. Streamlining Asset Transfers with Runes Bridge The integration of Runes Bridge with OKX Wallet marks a pivotal development in the blockchain ecosystem. Users looking…
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. Bitcoin is down -4.42% today against the US Dollar Bitcoin is currently trading 12.59% below our prediction on Apr 22, 2024 Bitcoin dropped -8.93% in the last month and is up 102.06% since 1 year ago BTC price is expected to rise by 15.94% in…
In a recent development within the Shiba Inu community, Lucie, a prominent team member, has shared a crucial update regarding the highly anticipated TREAT token. The TREAT token, a planned addition to the Shiba Inu ecosystem, has been the subject of much anticipation and excitement among Shiba Inu enthusiasts. With its potential to offer new utility within the ecosystem, the TREAT token has garnered significant interest from community members eager to participate in its launch. However, amid growing speculation and uncertainty surrounding the status of the TREAT token, Lucie stepped forward to provide much-needed clarification. In a post on X,…