Author: NBTC

Nervos Network (CKB) went through an almost vertical rally this week, after a recent Upbit listing. Volumes on the South Korean exchange keep propping up the asset, causing temporary price disparities. Nervos Network (CKB) was the latest token to pop off, speeding ahead of the market’s recovery. CKB peaked at $0.020, but price action remains strong. In the past week, CKB also carried a premium on Upbit, rising as high as $0.04 in the Korean won equivalent. CKB rallied by more than 113% in the past week, doubling its trading volumes to nearly $600M in a single day. The asset,…

Telegram game W-Coin has announced that its token launch on The Open Network (TON) is set for December, as an airdrop follows closely. However, the team won’t be receiving any tokens. W-Coin’s anticipated token launch comes after some of the biggest games of the tap-to-earn craze debuted their tokens over the last few weeks, with Hamster Kombat and X Empire both holding their airdrops. After waiting out the hype cycle, the developers of W-Coin say they’re gearing up to roll out their own token. On Thursday, W-Coin announced via Telegram that 70% of its token supply will be allocated to…

Uniswap Labs has introduced a new way for users to buy crypto using their Venmo balance via MoonPay on its Web platform and Wallet app. Venmo is now available on Uniswap Web and Wallet This new onramp allows you to buy crypto right from your Venmo balance, powered by @moonpay Taking us one step closer to bringing the world onchain 💫 pic.twitter.com/49ThamOyyD — Uniswap Labs 🦄 (@Uniswap) October 31, 2024 The integration provides access to Venmo’s 60 million active users, creating a new pathway for users to participate in DeFi on Uniswap’s platform. Earlier this month, MoonPay announced a significant…

The crypto market has been struggling with prolonged sideways movement in recent months. Since March 2024, the market has failed to make a successful breakout above previous peaks, leaving investors frustrated. According to a recent report by CryptoQuant analyst Crypto Dan, this continuous pattern of stagnation leads many to wonder when the market might see a significant rebound. While there are some short-term factors that may provide relief, the overall sentiment in the crypto space remains cautious. Is The Crypto Market Stuck? One key observation made by Crypto Dan is the emergence of a “Dead Cross” on the short-term and…

Long-term Ethereum (ETH) holders have displayed strong confidence in the cryptocurrency’s potential for continued price growth, especially compared to short-term investors. BeInCrypto noted this trend after analyzing market sentiment using on-chain data. This sentiment could be linked to ETH’s recent resurgence, which has pushed its price above $2,600. However, the key question remains: will Ethereum’s value keep climbing? Ethereum LTH-NUPL Suggests Growing Confidence In August, Ethereum’s Long-Term Holders Net Unrealized Profit/Loss (LTH-NUPL) positioned in the “belief zone” (green). The LTH-NUPL metric assesses the sentiment of investors who have held onto their ETH for at least 155 days, gauging their unrealized…

Tokenized funds may grow to $600B by 2030, offering investors faster, more accessible asset management with $100B in annual returns. DLT-based tokenization could add $180B to investment markets, with demand rising from both traditional and virtual asset investors. Aptos powers tokenized assets with low fees, high-speed transactions, and user-friendly access, boosting DeFi in emerging markets. Aptos Labs, alongside partners BCG and Invesco, predicts an asset management revolution through tokenization. Virtual asset owners represent $290 billion in potential demand today. This figure could rise, with assets under management (AuM) in tokenized funds projected to reach $600 billion by 2030. Additionally, tokenized…

Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 18. The sale represents a fresh opportunity for the community to take part in the expanding SVM landscape and secure a stake in the future of the Solana (SOL) network. HyperFuse Tier 1 Node Raffle STARTS NOW! 🚀📍 Join here: https://t.co/gTWqVKSnmUOnly 24 hours to participate: · Ticket Price: $155· 3,000 Tier 1 nodes, unlimited tickets· Unlimited nodes per address.Guide for #HyperFuseNode Raffle: https://t.co/TKAQJtZvLK pic.twitter.com/6SiZY8LGD8 — Sonic (Odyssey…

A widely followed crypto analyst is warning that one metric is flashing a bearish signal for Bitcoin (BTC). In a new video, analyst Nicholas Merten tells his 509,000 YouTube subscribers that spot Bitcoin exchange-traded funds (ETFs) have started to see daily outflows since late August, suggesting a market downtrend is taking shape. “We’re not seeing major buyers come in to really scoop up all this Bitcoin. We’re seeing a total net outflow of Bitcoin here, and some even coming not just from GBTC, but also from the ARK ETF, from the new players here on the block. More outflows are…

The Ethereum network maintained a staking rewards rate near 3% in the third quarter of 2024, showing a slight decline from over 3.5% earlier this year. This yield remains well below that of other popular proof-of-stake networks, such as Cosmos, Polkadot, Celestia, and Solana. Staking rewards for these competing networks range between 7% and 21%. Ethereum Continues to Underperform in the Bull Market Lower staking rewards impact Ethereum’s ecosystem in two ways. While reduced yields help curb inflation on the network, which can appeal to long-term holders, they also discourage some new or current validators seeking more competitive returns. According…

Ripple CTO David Schwartz, also known as JoelKatz, shared data showing record-high U.S. federal interest payments, which have now surpassed $1 trillion annually. Probably nothing. https://t.co/G21IhCuNid — David “JoelKatz” Schwartz (@JoelKatz) October 29, 2024 This surge reflects a significant change in the U.S. economy, driven by higher interest rates and increased national debt. This trend is raising concerns about fiscal sustainability and future federal spending. Decades of Growth in Interest Payments The cost of federal interest payments has grown steadily since the early 1980s, reflecting the increase in national debt. Measures to reduce inflation in the 1980s and 1990s also…