Author: NBTC

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. A month ago, Solana’s onchain demand metrics spiked to all-time highs after a viral AI memecoin set the trading world alight with fresh interest in AI-crypto integrations. The joke at the time was that a weird AI chat bot had upstaged Donald Trump’s World Liberty Financial crypto token launch. That order of things wouldn’t last long however, as Trump’s presidential election win sent crypto markets surging and overshadowed the resurgent AI-crypto interest. Still, the AI projects spawned and spotlighted during October’s rally have continued apace, even if…

Bitcoin technical analyst “Titan of Crypto” shared insights indicating a high probability for Bitcoin to reach $158,000, supported by a bull pennant pattern and rising monthly RSI levels, in a post on X. #Bitcoin $158,000 is Inevitable 🚀 With a Bull Pennant unfolding and the monthly RSI climbing back above its moving average, #BTC is gearing up for a higher move! pic.twitter.com/ldatmzKrcb — Titan of Crypto (@Washigorira) October 28, 2024 The bull pennant pattern, identified on the chart, is a continuation signal that typically follows a significant price surge, suggesting Bitcoin may be primed for another strong upward move. The…

Aave is gauging the interest of its community for deployment on Bitcoin layer-2 network Spiderchain. Spiderchain’s builder, Botanix Labs, developed the blockchain to be compatible with other networks that use EVM, the software that powers Ethereum and enables smart contracts. Aave, the largest decentralized-finance (DeFi) lending platform, is canvassing its community to gauge the level of interest in deploying on the Bitcoin layer-2 network Spiderchain. The Aave-Chain Initiative (ACI), the driving force behind the protocol, published a call for comments on the proposal by Spiderchain developer Botanix Labs to expand the lender with more than $17 billion in total value…

Crypto.com has enhanced its presence in Australia with its latest acquisition of Fintek Securities, a brokerage service and trading company holding an Australian Financial Services (AFS) licence. Announced today (Thursday), the acquisition of the Australian Securities and Investments Commission-regulated company will allow the cryptocurrency company to offer deposit products, derivatives, securities, foreign exchange, managed investment schemes, and other products. Upcoming Product Details Remain Unknown Although Crypto.com highlighted that the upcoming products in Australia will be available only to “eligible users,” it did not define the target group. The details of the launch of the new services and products have yet…

The Bitcoin price may be on the verge of hitting new all-time highs as a crypto analyst has unveiled the emergence of a new technical indicator called the “Bird Beak Sign.” Spotted on the Bitcoin Heikin Ashi chart, the analyst suggests that this technical pattern indicates a potential price rally is imminent. ‘Bird Beak’ Pattern Signals Path To $100,000 Optimism in the crypto community is soaring as a popular crypto analyst, ‘Trader Tardigrade’ has shared a bullish prediction for Bitcoin’s price outlook. In an X (formerly Twitter) post, the analyst uncovered a distinct technical pattern known as the “Bird Beak…

DecideAI has announced the integration of its biometric identity verification solution DecideID onto the Solana blockchain, with the goal of increasing security and trust in the ecosystem. The move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures. The integration is expected to address long-standing vulnerabilities in the Solana airdrop ecosystem, which has previously been susceptible to Sybil attacks and bots. By verifying real users using facial recognition and AI-powered liveness detection technologies, DecideID aims to prevent fraudulent activity and ensure fair token distribution. Solana developers will now…

Binance has announced that Usual (USUAL), a new decentralized fiat stablecoin issuer, has been listed as the 61st project on Launchpool. Binance Launches Usual (USUAL) on Launchpool with Pre-Market Trading This makes Binance the first platform to introduce USUAL, and Pre-Market trading will begin at 1:00 PM on November 19, 2024. Users should be careful as pre-listing sales are likely fake. Launchpool Farming and Pre-Market Trading The USUAL Launchpool will begin on November 15, 2024 at 03:00, allowing Binance users to farm USUAL by staking BNB and FDUSD in supported pools. The farming period will last for four days, ending…

Bitcoin (BTC) recently formed a “golden cross,” a technical chart pattern that historically signals the potential for further price gains. This pattern occurs when the 50-day moving average crosses above the 200-day moving average, indicating bullish momentum. In the case of Bitcoin, the 50-day SMA has crossed above the 200-day SMA, indicating a “golden cross.” Traders and analysts keep a close eye on this formation because, historically, it has preceded price rallies in Bitcoin and other assets. While the golden cross does not guarantee further gains at all times, it has been an encouraging sign in previous Bitcoin bull markets.…

Core’s 2024 growth has risen in the blockchain and DeFi ecosystem, driven by sharp increases in Total Value Locked (TVL), transaction volume, and user engagement. Ahead of the anticipated Fusion Upgrade rollout on Nov. 19, these metrics underscore Core’s transformative impact and expansion across the Bitcoin DeFi landscape. 🚀 Core’s Unprecedented Growth in 2024 🔶For Day 3 of “7 Days to Fusion”, we’re diving into the powerful metrics showcasing Core’s 2024 growth.From TVL and transaction volume to user growth and Bitcoin staked, these stats showcase Core’s transformative impact. 🧵👇(1/6) pic.twitter.com/6b3mm5h5WU — Core DAO 🔶 (@Coredao_Org) November 14, 2024 Core’s TVL…

Myles G, a widely followed crypto trader with 150K YouTube subscribers, has publicly disclosed that he sold his Lamborghini to make fresh investments in XRP. Myles mentioned this in a post on Tuesday on X (formerly Twitter). However, the market pundit did not provide specific details regarding the sale of his exotic car, including the amount it was sold for or whether all proceeds were directed toward XRP. There is also no confirmation on whether the sale actually took place or if he was joking. Given the lack of details, community members are pressing for more information, asking him to…