Author: NBTC

“If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk. The team behind the project BOB – a reference to “Build everything on Bitcoin” – has presented the network’s design to position Bitcoin, the original and thus oldest blockchain, as the center of decentralized finance (DeFi) – usually more closely linked with newer blockchains like Ethereum and Solana. BOB’s vision is that Bitcoin would sit at the center of the crypto universe and therefore may as well serve as the foundation for…

Ethereum (ETH) price appears to be moving within a neutral range, as indicated by several market metrics. The current Net Unrealized Profit/Loss (NUPL) value signals that most investors are neither highly profitable nor experiencing heavy losses. This balanced sentiment suggests a mix of cautious optimism and anxiety but lacks the strong emotions that typically drive dramatic price shifts. Combined with the behavior of larger holders and key technical indicators, ETH might continue its sideways movement in the short term. ETH NUPL Is Currently Neutral ETH’s NUPL is currently at 0.34, signaling a neutral market state. This value suggests that most…

The Fed’s latest Beige Book report finds that economic activity in most regions has changed little since early September, with only two regions posting modest growth. Despite the ongoing uncertainty, respondents expressed cautious optimism about the long-term outlook. The report shows that inflation remains moderate, with sales prices rising at a mild or moderate pace in most regions. The overall economic outlook is mixed, with regional differences highlighting different conditions in key sectors. Manufacturing and Consumer Spending Manufacturing activity continued to decline in many regions, reflecting ongoing challenges in the sector. Consumer spending reports varied, with some regions noting a…

Shiba Inu community figure Lola has drawn the attention of the broader community to data signaling massive SHIB accumulation. In a post late Sunday, Lola shared an image showing that the amount of SHIB held by US-based crypto trading platform Robinhood has grown by almost 28% since her post last year, signaling increased traction towards the asset. According to her, investors are flocking into the ecosystem. Notably, this confirms that speculations that the Shiba Inu ecosystem is losing value are false. Lola asserted that the “flow of money” is coming to SHIB, insisting on a bullish outlook for the asset.…

The U.S. SEC has officially added cryptocurrency to its list of items to examine for 2025, according to a report by FOX Business journalist Eleanor Terrett. In a recent document, the SEC outlines its plans to continue to monitor crypto markets, with a focus on investments involving digital assets and related investment vehicles. Registrants that provide services related to these assets can expect assessments of their conduct in areas such as offering, trading and advising on crypto assets, with a particular focus on retail investors and retirement assets. The SEC also plans to review registrants’ compliance practices, including custody and…

Biconomy, a popular multi-chain transaction forum, has announced a thrilling collaboration with SunPump. The partnership targets promoting growth and innovation in the blockchain sector, leveraging the features of both entities to establish a more resilient and accessible trading environment to facilitate users. The platform took to its official X account to announce this development. 🚀 Announcement of Partnership Between #Biconomy and #SunPump🚀We are excited to announce that Biconomy has officially entered into an ecosystem partnership with @sunpumpmeme , the first meme fair launch platform on the Tron network!🔥This collaboration will fuel innovation… pic.twitter.com/ioigqwi4Gp — Biconomy (@BiconomyCom) October 24, 2024 Biconomy…

BTC’s cumulative volume in the first eight months amounts to $2.87 trillion. It’s a sign of increased market participation due to crypto and macro-specific uncertainty. The bitcoin (BTC) market reached unprecedented activity in the first eight months of 2024, surpassing the record notional trading volume seen during the bull market of 2021. The cumulative trading volume or the dollar value of the number of BTC bought and sold on centralized exchanges amounted to $2.874 trillion in the first eight months, according to Paris-based data provider Kaiko. That’s nearly 20% higher than the volume of $2.424 billion registered in the first…

Rarible has announced together with Arbitrum an initiative to empower on-chain creators and to explore earning opportunities with DeFi and NFT. RARI Chain was created by the RARI Foundation, linked to the RARI DAO, within the Rarible ecosystem. Rarible and RARI Chain: the power of DeFi and NFT RARI Foundation The initiative of Rarible for NFT creators DeFi Days The comments Rarible and RARI Chain: the power of DeFi and NFT Rarible is one of the largest NFT marketplaces in the world. The core of its platform is RARI, its token on Ethereum. RARI Chain, on the other hand, is…

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level. Ethereum started a recovery wave from the $2,450 zone. The price is trading below $2,560 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,580 and $2,600 resistance levels. Ethereum Price Starts Recovery Ethereum price extended its decline below the $2,550 level…

Alliance noted a shift in crypto startup trends for the first half of 2024. DAO and NFT projects were already on their way out, while infrastructure and DeFi were in. Alliance is one of the leading accelerators for crypto startups, tracking the trends in real-time. The organization vets and supports 3,000 startups per year, and has a direct connection to industry trends. The next cohort of startups can apply until November 20, with a potentially different set of trends. Alliance organizes two rounds of applications per year, and recently released the report of startups for H1. The major trends are…