Author: NBTC

EigenLayer (EIGEN) climbed as Bitcoin’s rebound toward the $95K mark triggered bullish actions in the altcoin market. Meanwhile, news of the recently launched governance system added to EIGEN’s momentum. 1/ 🏛️ Today, we share some of our big picture thinking about decentralized governance that will form the foundation of EigenGov, @eigenlayer‘s governance platform. EigenGov brings our ecosystem participants together to support our common vision of open innovation through a… 9:13 PM · Nov 26, 2024 The alt climbed from the daily low of $3.1562 to $3.70 – a 17.23% jump. Further, EIGEN eyes continued gains as bullish sentiments magnify. The…

Bitcoin is currently trading above the $97,000 levels and the price is up by more than four percent in the last 24 hours. The largest cryptocurrency has recently hit a significant bullish price target and is now breaking into new all-time highs. Bulls almost touched the $98,000 mark, before hitting a reverse after touching the $97,862 mark. Now that bullish momentum has been confirmed, the $100k price target is finally in sight. The cryptocurrency is now finally heading towards a major price target in the short term and this price target of $100k has been keeping investors on the edge…

Clearpool, a leading decentralized finance (DeFi) lending protocol, has partnered with PropChain, a real estate financing platform that bridges traditional finance with DeFi. This strategic alliance introduces real-world asset (RWA)-backed lending to the blockchain space, leveraging real estate as collateral for institutional-grade borrowing. PropChain will become a borrower on Clearpool’s protocol and launch a Credit Vault, using real estate assets to secure lending opportunities. This innovation represents a significant shift in DeFi, allowing borrowers to tap into property-backed liquidity in a fully decentralized and transparent manner. 🚨 DeFi Just Got Real (Estate)! 🚨Introducing Real Estate RWAfi, pioneered by Clearpool and…

In a remarkable development, Switzerland state-owned bank, PostFinance AG, has officially launched Ethereum staking. Notably, the bank has introduced staking as a key part of its cryptocurrency expansion, according to a latest Bloomberg report. Since the start of the new year, there has been a surge in pro-cryptocurrency moves, with major financial institutions getting involved. The latest to join this trend is a state-owned bank in Switzerland, adding to the growing list of institutions embracing changes in the industry ahead of 2025. Notably, Ethereum staking enables users to earn rewards by helping validate transactions on the blockchain. PostFinance, a state-owned…

The IOTA Rebased proposal introduces a transition from the UTXO model to an object-based architecture for improved programmability, resource management, and throughput exceeding 50,000 TPS It also incorporates a deflationary tokenomics model, nominal transaction fees, and validator incentives to enhance network resilience and scalability. IOTA Foundation has recently developed a revolutionary proposal to rebuild its blockchain framework, referred to as the IOTA Rebased protocol. This endeavor seeks to establish a completely decentralized Layer 1 (L1) network with the addition of advanced features. These new features include Move Virtual Machine (MoveVM), Ethereum Virtual Machine (EVM) support, and a revised tokenomics model.…

The Australian Securities and Investments Commission (ASIC) released guidance on 26 June 2024, outlining its expectations regarding business communications. This was detailed in Information Sheet 283 and an accompanying press release, indicating the regulator’s intention to enhance compliance standards. This signals significant changes in Australian compliance, with much new information and actions for its community to address. Below we’ll analyze the ASIC’s instructions and the global events that have led to this regulatory overhaul. One prominent trend in 2024 was an increased level of transparency from regulators on exactly what they expected from financial organizations. This clarity was welcome in…

Bitcoin’s market capitalization hit an all-time high of $1.93 trillion on Thursday, Nov. 21, when the asset reached a record high of $97,850. This means that its market cap is now larger than the world’s sixth-largest company, Saudi Aramco, and just $230 billion behind e-commerce giant Amazon. The firm, also known as the Saudi Arabian Oil Group, is a majority state-owned petroleum and natural gas company and the national oil company of Saudi Arabia. Bitcoin price nearing $100K, market cap approaching $2 trillion. If Bitcoin was a company, it would be 6th biggest globally just behind Amazon and just ahead…

The promise of decentralized finance (DeFi) is intoxicating: an open, borderless financial ecosystem that operates without the need for intermediaries. But alongside its meteoric rise, DeFi has stumbled—hard. Billions of dollars have been lost in rug pulls, hacks, and protocol failures, leaving consumers exposed and the industry’s credibility in tatters. From the downfall of Terra and Celsius to the myriad smaller projects that collapsed under poor governance or outright fraud, the DeFi experiment has often looked less like a revolution and more like a high-stakes casino. Why did this happen? At its core, blockchain technology doesn’t govern the people who…

Ethereum (ETH) price has climbed over 4% in the last 24 hours, although it remains down 17% over the past 30 days. In the last few days, ETH has been trying to stay above the $3,000 level, a key psychological and technical area that could influence its next move. Indicators such as the Relative Strength Index (RSI) and Directional Movement Index (DMI) reveal that while ETH recently showed signs of bullish momentum, that strength appears to be fading. Whether ETH can regain its uptrend or face further corrections depends on its ability to hold critical support levels and overcome nearby…

Cathie Wood, CEO and Chief Investment Officer of Ark Investment Management (ARKK), has drawn attention after offloading $17 million worth of Palantir (NASDAQ: PLTR) stock in the first week of January 2025. The sale, which saw Wood’s ARK Funds unload 221,950 shares between January 3 and January 7, comes as concerns mount over Palantir’s lofty valuation following its sharp rally in 2024. Despite trimming the position, Palantir remains a major holding in the ARK Innovation ETF, accounting for 5.7% of the fund’s portfolio, according to data from StockCircle. The stock, however, has struggled in early 2025. As of the market…