Author: NBTC

The Donald Trump family reportedly stands to earn about $540 million from a decentralized finance (DeFi) project named World Liberty Financial (WLFI). As the US election approaches, this blend of financial innovation and political involvement draws critical attention. While the Trump family has revealed very few details about the project, speculations are rife. Will the Trump Family Dump 30% of WLFI Supply? Reported by Dumpster DAO, an X account monitoring on-chain activities, WLFI is said to operate similarly to Aave but on Ethereum or Polygon mainnets. Information from the test contracts reveals that the team plans to sell 30% of…

IOTA’s EVM, RWAs, and Dubai’s thriving crypto nature are poised to revolutionize decentralized finance. Additionally, Dubai’s friendly regulatory framework and forward-thinking approach could transform Dubai into a key player in the crypto economy. The growth of the blockchain ecosystem is fueling the development of cutting-edge technologies that have the potential to revolutionize decentralized finance. In particular, IOTA’s Ethereum Virtual Machine (EVM), Real World Assets, and the thriving crypto environment in Dubai. By converging these three elements, the future of Decentralized Finance is poised to flourish. The launch of IOTA’s EVM, which happened mid-May this year, was a significant milestone in…

Bitcoin surged over $62,000 briefly before retreating, following a broad market rally that reversed steep losses from earlier in the week. Some analysts predicted a $100,000 target for the cryptocurrency later this year. The rally was influenced by favorable stock market sentiment and expectations of bitcoin mirroring its past market cycles, with liquidated short positions contributing to the surge. Bitcoin (BTC) briefly spiked over $62,000 before retreating during the Asian morning hours on Friday as the broader market rallied to reverse a steep rout from earlier in the week. The recovery has some bitcoin bulls revisiting their $100,000 year-end target.…

Magic Eden’s trading volume spiked from $1M to $60M due to interest in the ME token. The ME coin set up is operating more Investors to the Magic Eden NFT platform. Magic Eden now holds 80% of the Bitcoin Ordinals and Runes trade sales. Magic Eden, a multi-chain NFT marketplace, has seen a big jump in every day transaction heaps. The platform’s volume climbed from $1M to an average of $30 million a day, and recently hit a peak of $60 M. This growth happened as the marketplace prepared to launch its new utility token called ME, which has caught…

Libre, a joint venture between WebN Group and Nomura’s Laser Digital, launched an initiative bringing three high-profile funds to the Aptos platform, according to a press release shared with BSCN. The three funds now accessible on Aptos include: Brevan Howard Master Fund – A leading hedge fund with extensive global reach. Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE) – A private credit fund focused on providing institutional-grade credit opportunities. BlackRock ICS Money Market Fund – One of the world’s largest money market funds, offering stable liquidity options. Combined, these funds manage over $91 billion in assets, making this launch a…

Shiba Inu’s ShibTorch auto-burn on Shibarium has triggered a surge in large transactions, reflecting growing network activity and user confidence. Solana’s rising TVL in its DeFi ecosystem signals bullish momentum, with the price poised to climb as investor interest intensifies. Polygon (MATIC) and Aave (AAVE) are both on the brink of significant price movements, with potential gains driven by strong infrastructure and investor confidence. Shiba Inu, Solana, Polygon, and Aave are all set for significant moves in the crypto market, driven by new developments and strong market activity. As these projects continue to evolve, investors are closely watching their potential…

BlackRock’s iShares Bitcoin Trust (IBIT) solidified its market leadership on August 8, attracting over $157 million in net capital, according to data from Farside Investors. But the day’s standout performer was WisdomTree’s Bitcoin fund (BTCW), which experienced its largest single-day inflow since launch at over $118 million. US Spot Bitcoin ETF Flows on August 8 – Source: Farside Investors Since its January debut, BTCW has struggled to compete with other Bitcoin ETFs, with net capital never surpassing $20 million until Thursday’s surge. The fund’s total inflows now stand at $201 million, though this remains relatively small compared to its competitors.…

Tether dominates with $119 billion market cap, while institutions eye stablecoins for crypto entry. Stablecoin supply reaches $162 billion amid rising institutional demand and liquidity hunt Stablecoin supply grew by 3% in August, reaching $162.1 billion despite crypto market downturn. Tether (USDT) leads the stablecoin market with a $119 billion market cap, followed by USDC at $33.5 billion. The stablecoin supply is at $162.1 billion following a $4.7 billion rise in August, which represents a 3% monthly growth, Artemis’ data reveals. This movement represents different trends in the market, such as institutional adoption, the search for stability and liquidity, and…

Floki partners with University of Miami Athletics to boost Valhalla’s exposure, integrating crypto gaming into sports culture. Floki commits donations to Canes Connection for each field goal, aligning sports and philanthropy. Floki expands globally, leveraging Valhalla’s unique gameplay and University of Miami partnership to attract a broader audience. Floki, a prominent cryptocurrency organization, has formalized a multi-year partnership with the University of Miami Athletics. This agreement positions Floki’s MMORPG game, Valhalla, at the center of the university’s athletic activities. FLOKI’S LATEST SPORTING PARTNERSHIP – UNIVERSITY OF MIAMI ATHLETICS– According to an announcement published moments ago, @RealFlokiInu has secured an official…

A market analyst and trader is expressing bearish sentiment on Bitcoin (BTC) amid a correction that has seen the flagship crypto asset fall by around 10% in a week. The analyst pseudonymously known as DonAlt tells 61,800 subscribers of the TechnicalRoundup YouTube channel that Bitcoin appears bearish after recording a series of lower highs and lower lows on the weekly time frame since reaching its all-time high of around $73,800 in March. “Weekly time frame is bearish right now. And it will remain bearish unless we reclaim $60,000… I think $60,000 is now the line in the sand.” The analyst…