Author: NBTC

Ventory, a multichain NFT marketplace focused on gaming and NFT liquidity solutions, has entered into a strategic partnership with Value DEX. Value DEX is a leading decentralized exchange renowned for seamless trading on Solana and EVM chains. This collaboration aims to enhance the decentralized finance (DeFi) ecosystem by introducing innovative features. These features will benefit users of both platforms. Partnership Announcement | Ventory🤝Value DEX@valu_so – Your top decentralized exchange for seamless trading on Solana and EVM chains.@Ventory_gg – A multichain NFT marketplace exclusively for entertaining games & NFT liquidity solutions.Congratulations on the successful… pic.twitter.com/e4IhoL1n4W — Ventory 🦠 (@Ventory_gg) August 18,…

U.S. Treasury futures fell sharply to intraday lows after U.S. retail sales data beat expectations and initial jobless claims in the U.S. came in at 227,000, below the 235,000 expected. US Retail Sales (Monthly) (July); Disclosed: 1.0% Expectation: 0.4% Previous: 0.0% US Core Retail Sales (MoM) (July); Explained: 0.4% Expectation: 0.1% Previous: 0.4% US Unemployment Claims Explained: 227K Estimate: 236K Previous: 233K Overnight index swaps (OIS) linked to the Fed meeting suggest the Fed will cut interest rates by about 29 basis points at its September meeting, compared with 32 basis points at Wednesday’s close. During the day, the US…

Polkadot’s ecosystem remains robust despite recent market downturns that briefly pushed DOT’s value to a seven-month low. Polkadot ecosystem thriving Data from DotLake shows a 33% month-on-month increase in transactions within Polkadot’s ecosystem, rising to 16 million in June from 12 million in May. The growth was primarily driven by One Frequency, a Layer 1 blockchain enabling decentralized social apps, which saw a 3 million transaction increase to reach 5.4 million. Additionally, Mythos Chain, a gaming network associated with developer Mythical Games, processed about 800,000 transactions during the reporting period. Meanwhile, the number of unique addresses with non-zero balances on…

Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin’s long-term value, despite market fluctuations. The “HODL Waves” chart, a tool that visualizes the age of Bitcoins based on when they last moved, illustrates how various groups of holders react to market conditions. The dominance of older coins (those held for 6 months or more) suggests that long-term investors are increasingly holding onto their Bitcoin, possibly anticipating future price increases. This trend of HODLing…

A widely followed crypto strategist says the governance token of a decentralized finance (DeFi) lending protocol is gearing up for rallies. Pseudonymous analyst The Crypto Dog tells his 809,500 followers on the social media platform X that he’s bullish on Aave (AAVE). The trader shares a chart that suggests AAVE has successfully retested the level at $107 as support. “Think that’s gonna moon.” Source: The Crypto Dog/X At time of writing, AAVE is trading for $111.62, down slightly in the past 24 hours but up over 46% since printing its August 5th low at around $75. Turning to another DeFi…

St. Louis Fed President Joseph Musallem said he believes the time for a rate cut is near. In his speech today, Musallem highlighted recent data that point to a positive shift in the inflation outlook and a balanced risk to the Fed’s dual mandate. “The latest data has strengthened my confidence that inflation is declining and that the Fed is not behind the curve,” Musallem said in a speech in Louisville. Musallem believes inflation is on track to meet the Fed’s 2% target and that the labor market is no longer a risk to inflation. Musallem noted that while services…

In the realm of digital finance, the TRON Network has recently witnessed notable activity within its stablecoin ecosystem, as reported for the period spanning June 28 to July 4, 2024. According to data, the average daily transfer volume of stablecoins surged to an impressive $13.93 billion across various stablecoins. These stablecoins include $USDD, $USDT, $USDJ, $TUSD, and $USDC. 🎉The average daily transfer volume of #stablecoins on #TRONNetwork reached $13,930,233,777 (2024.06.28-2024.07.04)! #USDD #USDT #USDJ #TUSD #USDC pic.twitter.com/LEdbroltbL — TRONSCAN (@TRONSCAN_ORG) July 5, 2024 TRON Stablecoin Trading Volume Soars, Market Cap Hits $58.1B This rise demonstrates the charged trading volume throughout the…

Bitcoin, the world’s leading digital asset, has had a turbulent recent experience, as its price crashed significantly despite market expectations. Although many investors have remained largely disappointed by the asset’s fluctuating performance, Samson Mow, a vocal Bitcoin bull and the chief executive of Bitcoin adoption-focused company JAN3, has uncovered a bullish setup for BTC. Institutional rush for Bitcoin exposure In a post shared on X, Mow revealed what will likely see the world’s leading digital asset soar in a massive bullish run. Mow identified an unprecedented “rush” among traditional institutions for Bitcoin exposure. Central banks and massive pension funds are…

Michael Burry exits his entire stake in Sprott Physical Gold Trust amidst signs of cooling inflation in the US. In addition to selling his gold position, Burry is now betting on consumer strength by investing in Shift4 Payments. Burry is also eyeing opportunities in the real estate sector, investing in Hudson Pacific Properties amid potential Federal Reserve rate cuts. As inflation slows down, Michael Burry shifts his investment strategy, shedding gold and betting on consumer spending and real estate recovery. Michael Burry Exits Gold Amidst Cooling Inflation Michael Burry, who gained fame for his foresight during the 2008 financial crisis,…

Shiba Inu (SHIB) is currently trading at $0.00001359 after an 8% decline. The dog-themed token has lost 36% of its value in a single month, struggling in the second half of 2024. Investors have become hesitant to enter the SHIB market due to this downward trend. Shiba Inu showed promise during the first half of 2024, but the second half has proven challenging. SHIB is struggling to gain momentum, with little to no positive price movement this quarter. The question remains whether SHIB can recover and rally by the end of 2024. Leading on-chain metrics and price prediction firm Coin…