Author: NBTC
A ‘ve Wars’ landscape might be started with Zeta Markets’ token, with a governance model aimed at protocols chasing additional incentives. The post Zeta Markets’ native token to bring incentive wars to Solana appeared first on Crypto Briefing. Derivatives decentralized exchange (DEX) Zeta Markets revealed the whitepaper for their governance token Z on April 18, which will have a vote escrow (ve) model and 30% of its total supply earmarked for liquidity providers incentives. This could potentially start a ‘Ve Wars’ landscape on Solana, which is something Zeta Markets is looking out for, as confirmed by the protocol to Crypto…
The whales possessing the top crypto token Bitcoin are reportedly focusing on reaccumulation. As per the famous on-chain analytics provider CryptoQuant, the BTC whales are at the moment, going through the procedure of reaccumulation to get profits. The analytics company took to its account on X to disclose the news of this development. Whales are in the process of reaccumulation“This buying pressure has already started to impact market prices, but it should intensify in the coming weeks.” – By @caueconomy Read more 👇https://t.co/R8Xpwa5wqh — CryptoQuant.com (@cryptoquant_com) June 5, 2024 BTC Whales Begin the Reaccumulation Process, Says CryptoQuant CryptoQuant noted in…
Two longstanding community members have graduated into the Neo core developer team: Anna Shaleva, Neo SPCC software engineer, and vang1ong7ang, Lazynode researcher. Tasked with deep involvement in technical and engineering decisions, the core developer role requires members to participate actively and regularly in protocol development. Much of Shaleva’s contributions to the Neo ecosystem have pertained to software written in the C# and Go languages and have impacted various parts of the ecosystem. She maintains and improves Neo’s Go client node implementation, reviews and tests PRs submitted to Neo project repositories, and was instrumental in implementing Neo N3’s consensus mechanism into…
Three years ago, President Nayib Bukele’s decision to make Bitcoin (BTC) legal tender in El Salvador made headlines around the globe. On September 7, 2021, the “Bitcoin Law” came into effect, making El Salvador the first country to adopt Bitcoin as an official currency. Since then, the nation has experienced significant economic and social shifts, highlighting the impact and potential of this bold move. The Rise and Fall of Bitcoin’s Value: Impact on El Salvador El Salvador’s embrace of Bitcoin has been mixed with challenges and successes. The country now holds over $411 million in Bitcoin, with a more than…
The ICON Foundation has marked an important milestone in the advancement of decentralized finance when it announced about the $50,000 grant from the Stellar Community Fund. The grant is expected to support the integration of Balanced, one of the ICON’s popular cross-chain decentralized exchange and stablecoin platform, with the Stellar blockchain. The integrated connection between the two blockchain networks is expected to create more synergies in the global DeFi ecosystem. ICON’s Balanced Platform Enhances Global DeFi Efficiency Balanced is an established innovator in its cross-chain DeFi solutions, making it easy for participants to interact with native cross-chain DeFi primitives. From…
Bitcoin broke through the $70,000 barrier, a massive milestone, but not everything is so great. That being said, traders should be aware of a potentially dangerous pattern that is developing on the chart: a double top pattern around the $71,900 mark. What exactly is a double top pattern? Generally speaking, this pattern is interpreted as a bearish reversal signal, suggesting that the asset may find it difficult to continue rising. It develops when the price reaches a peak, falls, then rises to the peak once more before beginning to decline. The bullish momentum appears to be waning, as indicated by…
Cardano Foundation CEO Frederik Gregaard has made a profound declaration that resonates with hope and promise: Cardano stands on the verge of a new era in decentralized governance. In a new tweet, Gregaard highlights the upcoming release of the interim constitution as Cardano advances in its decentralized governance push while also mentioning that the full constitution is on the way. Cardano stands at the verge of a new era in decentralized governance. The full constitution is on the horizon, but first comes the interim constitution. This is a foundational framework for our ecosystem. 🧵 @Cardano_CF — Frederik Gregaard (@F_Gregaard) April…
While the recent recovery in Bitcoin and altcoins is attracting whales to the market, some are selling profit and some are accumulating. At this point, two whale addresses purchased 1,210 BTC worth $86.81 million from Binance. Lookonchain evaluated that these wallets belong to the same whale. “Whales are buying BTC! “2 wallets (may belong to the same whale) withdrew 1,210 BTC ($86.81 million worth) from Binance 2 hours ago.” Whales are buying $BTC! 2 wallets(may belong to the same whale) withdrew 1,210 $BTC($86.81M) from #Binance 2 hours ago. Address:bc1q5pzsptd5whcljevzyztavuqru0hugd5ymgx5ezksdqug3ztrjvmqauys2qbc1q437jw8wqph854vf9dwxy4c2u6daveupjm5dqptj469gxw6vcpp0qfpr0mh pic.twitter.com/JSil4gfFZg — Lookonchain (@lookonchain) June 5, 2024 Whales Sold Chainlink (LINK)…
The mysterious founder of Shiba Inu, known by the pseudonym Ryoshi, has had his voice heard again and again over the years. One of his old messages has been quoted by the head of one of SHIB’s strategic partners, K9 Finance. In his message, Ryoshi speaks about scammers and his job to defend Shiba Inu and its community. Ryoshi’s old message shared with SHIB army The cofounder of K9 Finance, DAO @buzzdefi0x, has shared an important message that Ryoshi sent to the Shiba Inu community when he was still in the public eye. In this message, the SHIB founder stated…
Hong Kong’s Securities and Futures Commission chief Julia Leung says Bitcoin is clearly showing its power to stay as an “alternative asset.” Bitcoin, the largest crypto by market capitalization, is here to stay as it succeeded over the past 15 years to survive multiple cycles of “boom and bust,” Hong Kong’s Securities and Futures Commission (SFC) chief Julia Leung says. Speaking at the Greenwich Economic Forum, the SFC boss Leung acknowledged the prevailing skepticism among central bankers and economists regarding the intrinsic value of cryptocurrencies. Yet, Leung underscored the fact that over the past 15 years, Bitcoin “has survived multiple…