Author: NBTC
IOTA has completed the final phase of the European Pre-Commercial Procurement project, laying the foundations for a scalable, secure, and sustainable blockchain that can support the digital infrastructures of the European Union (EU). Let’s see all the details below. Completed the pre-commercial procurement: IOTA’s blockchain ready to support the EU digital infrastructure Collaborations and some statements Digital development, AI and criticism Completed the pre-commercial procurement: IOTA’s blockchain ready to support the EU digital infrastructure As anticipated, the IOTA Foundation has recently announced the completion of the final phase of the European Pre-Commercial Procurement (PCP), marking an important step forward in…
Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might eye more upsides above the $62,500 resistance zone. Bitcoin Price Could Extend Gains Bitcoin price started a decent increase above the $55,500 resistance zone.…
As the downward trend in the leading cryptocurrency Bitcoin continues, the price dropped to the $ 56,000 levels. While analysts state that the downward trend in Bitcoin may continue, all eyes on BTC and altcoins are now turned to the economic data to come from the USA. The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy. The data disclosed is as follows: Nonfarm Payrolls Data: 142k Announced vs. 164k Expected vs. 114k Previous Unemployment data: Announced 4.2% – Expected 4.2% – Previous 4.3% Bitcoin’s…
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a 1,115% surge in large holder netflows, an indicator that provides an idea of the change in positions of whales in a given time period. According to IntoTheBlock data, Shiba Inu (SHIB) is reflecting a 1,115% surge in large holder netflows over the last seven days. However, the spike carries a notable twist: the increase in netflows is a negative one, signaling that instead of accumulating more SHIB, whales might be reducing their positions or selling. This tendency comes as Shiba Inu faces profit-taking alongside the broader crypto market. Shiba Inu dipped after…
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits $62,729 Intraday High as Dozens of Crypto Assets See Double-Digit Gains The crypto economy is making a robust recovery following a steep decline over the weekend and a rough start to the week on Monday. On that day, BTC dipped to a level not seen…
StartkGuardians, the first-ever NFT collection on StarkNet, has officially launched the testnet of a new NFT lending and borrowing protocol on StarkNet. It is currently hosted on Sepolia. 🛡 As StarkGuardians, we are excited to introduce the very first NFT lending and borrowing protocol on Starknet! Our testnet has officially launched, and you can now explore it 👇Whether you’re looking to lend or borrow NFTs, we invite you to join us at:… pic.twitter.com/iAnKRLh9N2 — StarkGuardians (@StarkGuardians) September 7, 2024 Starknet is a Validity-Rollup (aka ZK-Rollup) Layer 2 network that operates on top of Ethereum. It enables dApps to scale massively…
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…