Author: NBTC
Bybit, the world’s second-largest exchange by trading volume, has partnered up with the Nordic Blockchain Association (NBA), as per the current updates shared with Finbold on Tuesday, October 8. The collaboration is expected to strengthen the Nordic blockchain ecosystem and help forge international partnerships to drive industry innovation and growth. Nordic Blockchain Conference 2025 (NBC25) The NBA is working diligently to create a vibrant blockchain community in the Nordic region. Led by dedicated committees, the association has played a key role in shaping the local blockchain landscape, specifically in tackling challenges in adoption, education, and support for startups and established…
Concerns regarding Ethereum’s decentralization have been raised since 2022 due to Lido Finance’s increasing market share in Ethereum staking. Lido is a staking protocol that collects substantial amounts of Ethereum from users. As of September 2023, it accounted for nearly one-third of all ETH staked. Many argued that this posed a significant risk to Ethereum’s credible neutrality, or the idea that no one party should have undue influence over the network. Though Lido did not directly own these holdings, Ethereum would effectively become a semi-centralized network with a sizable fraction of nodes managed under its supervision. But it seems like…
A new study shows young investors are increasingly favoring crypto over traditional U.S. stocks, reflecting a generational divide in investment strategies. As the first members of Generation X approach their 60th birthdays, a significant transfer of wealth is reshaping American investment preferences, with crypto emerging as a favored alternative among younger investors, according to Bank of America‘s latest study. The findings reveal stark generational divides in attitudes toward investment opportunities, with younger affluent Americans increasingly leaning toward alternatives like crypto and private equity, while older generations remain committed to traditional equities. You might also like: Investors shift away from Bitcoin…
On October 2nd, the cryptocurrency market experienced notable gains, with several coins achieving impressive increases in value. According to Phoenix, a leading crypto media outlet, $DEGEN led the pack with a remarkable rise of 106.6%. This dramatic jump has captured the attention of traders and investors alike. This massive surge signals a strong interest in this particular asset. DAILY GAINERS$DEGEN +106.6% $DORA +45.5% $OMI +22.0% $ORBS +17.8% $W +17.7% $DIA +9.1% $HTM +7.6% $FAR +7.6% $WLKN +7.4% $MASK +6.8%#dailygainers pic.twitter.com/nCPPFV4D6R — PHOENIX – Crypto News & Analytics (@pnxgrp) October 2, 2024 $DEGEN and $DORA’s Rise Highlights Growing Altcoin Appeal Right…
Router Protocol integrates decentralized cross-chain communication to Solana’s ecosystem, specifically as a partner. This strategic partnership allows Solana to communicate with over 25 additional blockchains, significantly boosting the network’s interoperability. In the past, Solana’s specific architecture and consensus mechanism were incompatible with other chains, but this integration provides a budding ecosystem for cross-chain DeFi, NFTs, and gaming. Router Protocol Brings Solana to EVM and Non-EVM ecosystems With the integration, Solana can now decentralize access to services and liquidity across EVM and non-EVM compatible blockchains such as Ethereum, Avalanche, Polygon, Tron, and NEAR. This integration arrives in the wake of RP…
The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserve’s decision to reduce the key interest rates. However, certain social metrics suggest that the cryptocurrency’s run could be over, at least in the short term. FOMO to Halt BTC’s Uptrend? It was just last Wednesday, September 11, when bitcoin’s price tumbled hard after the US CPI numbers came out. At the time, the asset slumped to $55,500. However, it went on the offensive in the following days amid continuous speculation about the…
Crypto custodian Hex Trust has teamed up with decentralized finance protocol Clearpool to launch Ozean, a blockchain platform focused on real-world asset yield. Hong Kong-based Hex Trust and DeFi credit protocol Clearpool announced the collaboration via X. They also shared the news in a blog post published on Oct. 8. According to the two platforms, the RWA yield platform Ozean is backed by Optimism (OP) and powered by the CPOOL token. Read more: DeBridge introduces Hooks for real-time data transfer across DeFi Ozean set for traction in RWA space Ozean will leverage Hex Trust’s regulated infrastructure and institutional clients, alongside…
Amid the ongoing market uncertainty, Ethereum (ETH) has reached a critical juncture, as highlighted by market analyst Ali Martinez. In a recent analysis on X, the market veteran pointed out that the $2,300 support level could determine the future price trajectory of Ethereum, marking either the beginning of a strong rally or a significant decline. He shared a 1-week chart to corroborate his claims, showing Ethereum’s recent price action moving within a rising channel over the past months. Ethereum’s Crucial Support The chart shows that Ethereum is holding well within an ascending channel, with the price gradually approaching the upper…
Microstrategy’s stock is expected to soar by 64%, fueled by its bold bitcoin investment strategy, according to Bernstein analysts. Michael Saylor’s leadership and the company’s vast BTC holdings, valued at $16 billion, have played a pivotal role in its performance. However, challenges such as net losses and bitcoin volatility could complicate this forecast, despite a long-term target of $1 million per bitcoin by 2033. Microstrategy’s Stock Forecast: A Bitcoin Bet With Big Risks Software intelligence company Microstrategy (Nasdaq: MSTR) is expected to see its stock could climb by 64% to $290, driven by its aggressive bitcoin strategy, according to an…
Cryptocurrency fund manager Bitwise Asset Management has filed for an XRP Spot ETF in the United States, in a move that Ripple supporters see as a significant development. The filing comes amid Ripple’s ongoing legal battles with the U.S. Securities and Exchange Commission (SEC), which has accused the company of raising $1.3 billion through unregistered XRP sales. XRP Spot ETF Application Is a Prep for Trump’s Possible Victory, According to Analyst In 2023, a court ruling found that XRP is not a security when traded on public exchanges. However, institutional sales of XRP were deemed to violate securities laws because…