Author: NBTC

Toronto, Canada – Northstake A/S, a regulated digital asset service provider, is transforming institutional ETH staking with its ETH Validator Marketplace. The platform has secured 3iQ Corp, a Canadian investment fund manager, as its newest market maker, staking 80% of its assets and showcasing the potential for spot ETFs to evolve into total return ETFs. (Cover photo: Jesper Johansen, CEO of Northstake)—Solving Liquidity ChallengesNorthstake’s marketplace addresses one of the industry’s biggest challenges: liquidity for ETH validators. By enabling institutional clients to trade ETH validator nodes quickly and at competitive liquidity premiums, the platform eliminates the inefficiencies often associated with liquid…

Vyper, Ethereum’s Python-inspired smart contract language for the Ethereum Virtual Machine (EVM), recently marked an anniversary. However, chatter out of Devcon suggests its development team is struggling with underfunding. Conceived by Ethereum co-founder Vitalik Buterin in November 2016, Vyper set out to provide a simpler, more secure alternative to Solidity. Vyper’s clean, Python-inspired syntax prioritizes readability and restricts complex features to minimize vulnerabilities — a boon for developers focused on writing secure and robust smart contracts. Curve Finance was a high profile application of the language, and founder Michael Egorov took to his Telegram channel over the weekend to reminisce.…

The dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, skyrocketing by an astonishing 6,153% over the past week. According to Shibburn X’s most recent hourly update, 5,761,510,009 SHIB tokens were burned in the last seven days, representing a 6,137.49% increase in burn rate. HOURLY SHIB UPDATE$SHIB Price: $0.00001688 (1hr -1.99% ▼ | 24hr -5.16% ▼ )Market Cap: $9,962,834,111 (-5.10% ▼)Total Supply: 589,262,937,488,938TOKENS BURNTPast 24Hrs: 0 (-100% ▼)Past 7 Days: 5,761,510,009 (6137.49% ▲) — Shibburn (@shibburn) November 3, 2024 This burn was achieved through coordinated efforts within the Shiba Inu ecosystem, including contributions from the Shiba…

Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average. There is a new connecting bullish trend line forming with support at $67,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,800 resistance zone. Bitcoin Price Starts Fresh Increase Bitcoin price found support near the $65,200 zone. A low was formed at…

Ethereum price started a consolidation phase near the $3,000 zone. ETH is slowly moving higher and might aim for a fresh surge above $3,220. Ethereum is consolidating and facing hurdles near $3,220. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,220 resistance zone. Ethereum Price Faces Hurdles Ethereum price remained supported above the $3,000 level like Bitcoin. ETH formed a base…

According to an exciting announcement by the RippleX official X account, the XRPL oracle pricing amendment is now live. This amendment adds a “Price Oracle” feature to XRP Ledger, as defined in the XLS-47 specification. The XRPL price oracle is intended to store pricing information about asset pairs that exist outside of XRP Ledger, allowing smart contracts that rely on XRP Ledger to use this information. The #XRPL oracle pricing amendment is live! Now integrating @BandProtocol & @DIAdata_org, XRPL’s native oracles provide secure, real-time data for key DeFi features like the AMM and lending protocols. This marks a major leap…

Analyst Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset hovers below $70,000. In a new video, Svenson tells his 80,100 YouTube subscribers that Bitcoin is on the cusp of reaching a new all-time high. According to the analyst, several factors could combine to trigger a new Bitcoin record high “before the end of the year, maybe within a month.” “…going into the elections, we’re almost always bullish going into US presidential elections…. …every time we break the [Bitcoin] all-time high, it’s after a US or during a US election and inauguration season. Every time. And…

ETH’s options-based probability density function shows just a 10% chance of prices testing the year-to-date high of $4,000 by the end of December. ETH faces headwinds from weak fundamentals. Ethereum’s ether (ETH), once viewed as the shiny silver to bitcoin’s (BTC) gold, has only risen 36% this year, significantly trailing behind BTC’s impressive 109% surge. Such is the investor aversion toward ETH that, at the going market rate of $3,100, the cryptocurrency is still well below the record price of $4,832 in 2021, while BTC trades at lifetime highs above $90,000. The underperformance, which makes ETH feel more like palladium…

Grass ($GRASS) emerged as the top performer on November 2, 2024, with a notable price increase of 59.8%, reaching $1.82. This sharp rise placed it at the forefront of daily crypto gainers, with a market cap of $442.3 million. The token, which trades primarily on the Gate.io exchange, saw heightened investor interest and buying activity, indicating strong demand. DAILY GAINERS$GRASS +59.8% $XOR +40.2% $OGN +30.9% $RARE +27.1% $FOX +15.2% $UNFI +13.8% $HOPR +11.4% $DEAI +10.8%$PUFFER +10.8% $LIKE +9.2%#dailygainers pic.twitter.com/uvTLAa9Wmb — PHOENIX – Crypto News & Analytics (@pnxgrp) November 2, 2024 XORand Origin Protocol Makes Strong Gains Amid Market Activity $XOR…

Japan’s publicly-listed early-stage investment firm Metaplanet is again following in the footsteps of Michael Saylor’s software company MicroStrategy, introducing a metric designed to assess how Bitcoin acquisitions affect shareholder returns. Previously dubbed “Asia’s answer to MicroStrategy,” Metaplanet said it would begin employing a metric pioneered by Saylor’s firm known as “BTC Yield,” according to a disclosure on Thursday. MicroStrategy, the world’s largest corporate holder of Bitcoin, pioneered the concept in August, which tracks the percentage change in the ratio between total Bitcoin holdings and fully diluted shares. The Tokyo-based firm plans to disclose its BTC Yield with its following Bitcoin…