Author: NBTC

Cardano community members are enthusiastic about the upcoming launch of the Chang hard fork, touting the upgrade as a game changer. The upcoming launch of Chang hard fork has taken center stage in the Cardano community. With the pivotal update expected to go live this quarter, prominent Cardano enthusiasts have taken to X to state that the upgrade would be a major game-changer for the network. Prominent Cardano community members, including Chris, ADA Whale, saint, and Ed n’ Stuff, shared this sentiment. I hear the Chang hard fork is going to be an absolute game changer for #Cardano. 🔥 https://t.co/r35P28slMb…

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Pro-XRP pundit asserts that Magistrate Netburn’s decision regarding the motion to exclude Andrea Fox’s declaration is the only thing stopping Judge Torres from issuing her final verdict in the Ripple lawsuit. The broader XRP community has continued to endure a multi-year legal tussle between the SEC and Ripple that has negatively impacted the asset’s price. Despite the lawsuit lingering for over three years, there is no official date for its end. Only Factor Stopping Judge Torres’ Final Verdict With several experts projecting that the lawsuit could be resolved this year, prominent XRP community Ashley Prosper pointed out a particular factor…

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The impending Bitcoin halving has been increasing a lot of hype in the market. The market dominance of the top crypto token has reportedly surged above 55% in the last 24 hours, paving the way for an increased interest in $BTC. The reports point out that the liquidity of the biggest crypto has decreased significantly. However, altcoins are falling rapidly as BTC dominance is increasing. Market Cap Dominance of Bitcoin Touches 55% in the Recent 24 Hours Particularly, the cumulative liquidity of the token has dropped by almost fifty percent in the recent month. In addition to this, it has…

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Institutional crypto lending firm Maple Finance unveils its Syrup platform and rewards token. The new permissionless service aimed at DeFi users targets 15% yields sourced from fully collateralized loans to the largest institutions in the crypto space. Cryptocurrency lending firm Maple Finance has unveiled Syrup, a new loans platform and rewards token of the same name, aiming to bridge the gap between institutional-friendly yield-bearing digital assets and the permissionless world of decentralized finance (DeFi). Maple’s Syrup promises users yields of 15% by depositing Circle’s USDC stablecoin into the platform, for which those users receive LP tokens (syrupUSDC), with additional yield…

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Ethereum (ETH) is currently at the forefront of an impending market surge, as indicated by a significant technical breakout. According to crypto analyst Jelle, Ethereum has recently emerged from a bearish pattern particularly breaking out from the “falling wedge” and flipping key resistance into support zones. Jelle reveals that Ethereum is currently pushing for the $4,000 mark which makes the possibility of reaching new heights seems more tangible. This movement marks a significant turnaround from previous trends, setting the stage for potentially record-breaking price levels. The Bullish Shift: Ethereum Breakout from a Falling Wedge Explained Jelle’s recent observations come during…

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Key Points: Deputy Financial Secretary Wong Wai-lun highlights the focus on virtual assets and fintech development to bolster Hong Kong’s financial sector. Collaboration with the Hong Kong Stock Exchange enhances interconnection with the Mainland, aiming for seamless investment opportunities. The partnership promotes diverse investment products and economic growth, positioning Hong Kong as a global financial leader. Hong Kong government has placed significant emphasis on promoting innovation within the financial sector, according to Deputy Financial Secretary Wong Wai-lun. A key aspect of this initiative includes advancing the development of virtual assets and financial technology, positioning Hong Kong as a leading financial…

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As blockchain-based social app friend.tech prepares to launch its much-anticipated version 2, the team said it’s already taken a snapshot for the much-anticipated 100% airdrop of its FRIEND token. “We’ve locked in points balances and unlinking or relinking your Twitter will no longer transfer points,” they wrote on Twitter, “Join us next week for when points go onchain.” There’s no word yet on when the airdrop will take place, but there’s been speculation that it may be as soon as next week, when points balances go onchain. Friend.tech is a decentralized social media platform on Base, a Coinbase-incubated Ethereum L2.…

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In a recent post on the X social media network (formerly Twitter), Galaxy Digital CEO Mike Novogratz dismissed a recent market correction as a “risk fish.” The cryptocurrency mogul is convinced that Bitcoin, the largest cryptocurrency, will be able to resume its uptrend. As noted by Bloomberg this was the largest Bitcoin drop within a single session since the collapse of the Silicon Valley Bank (SVB). The drop occurred due to tensions in the Middle East, with Iran recently targeting Israel with a significant missile and drone attack. card The attack, which involved hundreds of drones and missiles, was supposed…

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DeFi protocol Aave plans to launch an “Aave Network” chain after completing its V4 upgrade. Stani Kulechov, the lending protocol’s founder, revealed this in a May 27 social media post, saying: “This is not a drill, Aave Network is planned to come after V4.” While Kulechov failed to provide additional information about the plan, he hinted that the chain could be launched by “next year for sure or earlier.” According to DeFillama data, Aave is the largest lending protocol in the DeFi sector, with the total value of assets locked at $13.2 billion. Aave Network Earlier this month, Aave Labs…

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Anime Foundation is launching with Animoca Brands, MyAnimeList, and San FranTokyo as partners. According to a press release shared with Cryptonews.com, the Anime Foundation has announced its launch partners including Animoca Brands, Animoca Brands Japan, MyAnimeList, and San FranTokyo. Building Web3 Anime and Manga Community The release stated that Anime Foundation is a community-driven cultural protocol for anime and manga, bridging both web2 and web3 platforms. The partnership aims to create new opportunities and experiences for fans, creators, studios, IP holders, and anime and brands worldwide. Anime Foundation envisioned a future where anime and manga creators have better opportunities and…

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