Author: NBTC

Holders of at least 10,000 XRP would become millionaires if multiple predictions of a rally to a three-digit price come to reality. Following in the footprint of several other prominent analysts, crypto expert The Crypto Asset Guy has tipped holders of up to 10,000 XRP to become millionaires. His assertions insinuate that the XRPL native token would trade at a new all-time high sometime, possibly $100. Notably, multiple analysts have predicted that XRP would trade at least at $100. For instance, market commentator Xena argued on last week that the surging bullish sentiments around the XRP community would propel the…

Ripple CEO calls for Trump’s action on SEC leadership as Gensler faces scrutiny over hiring practices and alleged political bias. Political bias concerns in the SEC spark investigation; Congress demands Gensler’s hiring documents to assess impartiality in the agency. Ripple pushes for clarity on crypto regulations, especially on XRP and Ethereum, as Trump vows to reshape SEC leadership. Gary Gensler, the chair of the SEC, is under investigation just hours after Donald J. Trump won the presidency. Chairs Jim Jordan and Patrick McHenry of the House Committee on the Judiciary have signed a letter raising concerns about Gensler’s hiring procedures.…

CCData has just released the October 2024 edition of its popular and highly-respected Exchange Review report. CCData is a Financial Conduct Authority (FCA)-authorized benchmark administrator and global leader in digital asset data and publishes comprehensive Exchange Review reports monthly. These reports analyze key developments in the cryptocurrency exchange market, covering exchange volumes, crypto derivatives trading, market segmentation by exchange fee models, and crypto-to-crypto versus fiat-to-crypto volumes. The reviews also examine Bitcoin trading against various fiat currencies and stablecoins, provide rankings of top crypto exchanges by spot trading volume, and track volume trends for trans-fee mining and decentralized exchanges. According to…

According to a report by Binance Research, decentralized applications (dApps) represented 12 out of 15 protocols with the most significant revenues in October, amounting to $164 million. This suggests growing blockchain adoption, fueled by trading bots and decentralized exchanges. The report highlighted that dApp interactions have steadily risen in recent months, topping all but three most popular blockchains: Tron, Ethereum, and Solana. Together, these three networks raked in $182 million in monthly revenue. The growing value captured by dApps indicates a potential takeover by these protocols of the largest revenue share currently controlled by blockchains. Speculation driving revenues The report…

Lido DAO provides liquid staking for ETH, allowing staked ETH to earn rewards while remaining tradable through stETH, enhancing DeFi flexibility. Injective offers MEV-resistant order books for transparent DeFi trading, with cross-chain support to broaden ecosystem interoperability. NEAR Protocol simplifies blockchain interactions with human-readable accounts and fast transaction speeds via its Doomslug consensus. The decentralized finance (DeFi) sector has evolved through Lido DAO, Injective, NEAR Protocol, Aave, and Cronos. These projects make meaningful contributions to the DeFi space in diverse ways, such as liquid staking providers, financial services, lending, governance, and security. Lido DAO(LDO): The Leading Liquid Staking Solution for…

Solana trader turns $80K investment into $1.2 million with AURA memecoin. XCkM capitalized on viral TikTok-inspired memecoin AURA, It’s market cap soon hit $75 million Memecoin crash slashed XCkM’s $1.2 million to $91K, highlighting crypto market risks. In an extraordinary twist of fortune, a Solana trader known as XCkM turned an $80,000 investment into a massive $1.2 million by investing in a newly launched memecoin AURA. Unfortunately, the memecoin market took a downturn traders quickly made a fortune got vanished. Well, let’s find out, how? How did XCkM experience such an incredible rise and fall? Trader Turn $80K to $1.2…

Members of the House of Lords expressed support for the Law Commission’s digital assets property bill. The bill will help address crypto legal disputes. Lords also urged for more clarity for crypto from the new Labour government. Members of the U.K.’s upper house of Parliament put forward support for the country’s digital assets property bill at its second reading on Wednesday. The Lords Grand committee largely believed that the bill would add more clarity in terms of how crypto is treated by the legal system and could mark another step of progress for the country, which has been paving the…

N3TWORK Studios, a blockchain gaming platform, has launched Legendary Heroes: Unchained (LHU) and brought its Legendary ecosystem to the Base network, according to the most recent developments shared with Finbold on Friday, November 8. Legendary Heroes Unchained Epoch 1 debuts on November 7 for Loyalty Pass holders, while the public access launch is scheduled for November 8. To invite the community to expand LHU’s digital framework with unique contributions, N3TWORK is making parts of its codebase public. ‘Legendary Heroes: Unchained’ gameplay Instead of focusing solely on asset collection, Legendary Heroes: Unchained promises players more agency via customization and ownership features.…

WazirX announced plans to launch a decentralized exchange (DEX) as part of a broader effort to enhance user security. The move follows a major breach in July, when hackers siphoned $235 million from the platform, sparking concerns over the security of centralized exchanges. WazirX co-founder Nischal Shetty said the new DEX would operate alongside the existing centralized platform, offering users full control over their assets. Shetty said during the firm’s fourth townhall: “With a decentralized exchange, assets remain fully in users’ control, free from counter-party risks.” He added that the DEX would feature its own token, designed to cover transaction…

BNB Chain TVL rises 2%, NFT trading volume surges 283%, but on-chain activity and network revenue decline. Recent data shows that the BNB Chain experienced notable changes across various metrics in Q3 2024 despite facing market challenges. The chain saw a modest rise in Total Value Locked (TVL) and a significant increase in NFT trading activity. However, network revenue and overall on-chain activity declined compared to the previous quarter. BNB DeFi and Staking See Modest Gains BNB Smart Chain’s DeFi TVL, measured in USD, increased by 2% QoQ, rising from $4.74 billion in Q2 to $4.85 billion in Q3. Despite…