Author: NBTC
OKX Ventures, the prominent Web3 technology firm of OKX exchange, has recently announced a new partnership with Nytro Lab. As a part of this collaboration, OKX Ventures has invested in the beta test of Castile (a Roguelike and AAA RPG set in the Cthulhu fantasy universe). OKX Ventures announced this development on its official social media account. We are pleased to announce the partnership with Nytro labs, Huge congratulations to the #Castile Beta Test @Castileofficial !https://t.co/fN9ky6E2S7 pic.twitter.com/Rvx5ejS8Un — OKX Ventures (@OKX_Ventures) September 11, 2024 OKX Ventures Invests in Castile of Nytro Lab for Its Beta Test Apart from the announcement…
RWA App recently integrated with Near, an innovative layer-1 blockchain. With this new integration, RWA’s database now tracks over $630 million in tokenized treasuries and stablecoins on the network. Near Protocol is a layer-1 blockchain network that provides developers with a platform to build decentralized applications. It is faster and cheaper than Ethereum, and is claimed to be faster than some of its largest competitors. When fully completed, Near is estimated to be able to process up to 100,000 transactions per second (TPS). It allows users and developers to interact across multiple ecosystems from a single account. RWA App offers…
Despite a turbulent Monday in the markets, some Bitcoin investors remain persistent in their predictions that the BTC price will reach $100,000 by the end of the year. Data from derivatives trading tracker BasedMoney reveals that options that will pay out if Bitcoin reaches that price when contracts expire on December 27 are still the most popular among traders. Options are financial derivatives that allow investors to speculate on price movements. Call options represent bullish bets, while put options can serve as a hedge against market volatility by paying out if the price of an asset declines. The 180-day skew…
A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations is needed. Report Explores Effects of Price Changes on Crypto Ownership The Federal Reserve Bank of Philadelphia’s Consumer Finance Institute (CFI) released a report on Friday, authored by Senior Advisor and Research Fellow Tom Akana, titled “Do Price Changes Affect Crypto Ownership?” The report explores…
Lookonchain, a famous on-chain analytics firm, recently disclosed a substantial transfer by the biggest dogwifhat ($WIF) holder. As per Lookonchain, the whale spent up to 1.54M $USDC tokens to buy 800,556 $WIF coins at a per-token price of $1.92, resulting in a profit of $77 million. The analytics company provided the details of the respective development on its official social media account. The largest holder of $WIF spent 1.54M $USDC to buy 800,556 $WIF at $1.92 again!This whale currently holds 28M $WIF($53.23M), and the profit on $WIF has exceeded $77M!https://t.co/MYA8tsXYpe pic.twitter.com/V37j7egQsI — Lookonchain (@lookonchain) August 25, 2024 The Biggest $WIF…
The UK’s Financial Conduct Authority (FCA) has taken unprecedented action against an individual accused of running an illegal network of cryptocurrency ATMs. As the market watchdog emphasizes, this is its first set of charges involving physical machines that allow for the buying and selling of digital assets. At the same time, the FCA reminds that “there are no legal crypto ATM operators in the UK.” Any such machines operate illegally, and those using them indirectly contribute to the global money laundering scheme. Olumide Osunkoya, a 45-year-old London resident, faces charges for allegedly operating multiple crypto ATMs without FCA registration. These…
When it comes to American football games, the Madden franchise has long been the cream of the crop. But now it has some competition—not just from EA Sports’ own College Football game, but also in the form of mobile game NFL Rivals, which incorporates NFTs. While NFL Rivals isn’t trying to top Madden when it comes to presenting a lifelike simulation on your game console, it’s a free-to-play, arcade-style mobile football game that has the same official licenses from the league and players, offering bursts of entertainment on your smartphone or tablet. It also features player-based NFTs which, should you…
In only three clicks, Keplr users may connect to dYdX and begin engaging with its on-chain orderbook. The dYdX community has been clamoring for the integration of the Keplr Wallet for quite some time. dYdX is excited to announce that users of Keplr Wallet may now easily onboard on dYdX and trade in more than 130 markets. Users just need to click three times to link their wallets thanks to the new dYdX Chain and Keplr integration. Keplr’s multi-chain wallet, which has over a million users, offers a secure and convenient method of accessing several blockchain networks. Users of Keplr…
Renowned trader Peter Brandt recently shared a chart that appears to provide crucial hints regarding potential future fluctuations in the price of Bitcoin. Because it offers valuable insights into possible future prices, Brandt claims that this chart is essential for understanding Bitcoin’s binary price possibilities. The chart that HTL-NL first released suggests that Bitcoin may have already peaked. This conclusion is reached by combining the relative strength index (RSI) with multiple technical indicators. The chart shows that the RSI continuously falls at every new high, indicating that the buying momentum has been declining over time. The potential for Bitcoin’s short-term…
Russia’s cryptocurrency mining industry has made significant contributions to the national economy, with miners producing around 54,000 Bitcoins worth over $3 billion in 2023. According to Sergey Bezdelov, head of the Russian Industrial Mining Association, this activity generated about 50 billion rubles ($556 million) in tax revenues for the Russian government. Bezdelov shared this information at the Industrial Mining session of the Eastern Economic Forum (EEF-2024) on September 4. Bezdelov underlined that significant tax revenues are generated under the current regulatory framework, describing it as “sensitive” and predicted that the sector’s contribution could increase as new infrastructure investors enter the…