Author: NBTC

Decentraland’s, a decentralized virtual reality platform built on Ethereum blockchain, highly anticipated 2.0 beta release is set for October 22, 2024. After being under development for nearly an year, this upgrade marks a significant development in the virtual world, as it is focused on enhancing user experience with improved graphics and performances. Save the date 🚀Decentraland 2.0 Beta coming October 22 pic.twitter.com/EHAef5VCKr — Decentraland (@decentraland) October 16, 2024 Decentraland 2.0 Beta Release Announced (Source: X Post) What is Decentraland? Decentraland is a blockchain-based metaverse, where users can create, explore, and trade digital assets. It empowers users through ownership and governance…

Despite the partisan divide in crypto, many investors believe Bitcoin will reach six figures regardless of the U.S. presidential election outcome. Bitcoin (BTC) is poised to reach six figures over the long term, no matter who wins the U.S. presidential election, according to Steven Lubka, head of private clients and family offices at Swan Bitcoin. Amid growing political polarization in the cryptocurrency industry, many investors now believe Bitcoin will continue to thrive, even as optimism from former President Donald Trump‘s pro-crypto statements fades. In an interview with CNBC, Lubka said he still “certainly” believes that Bitcoin will surpass the $100,000…

We are witnessing the development of the DeFi sector and the constant changes in the Ethereum burn rate, which has contributed to reduced supply and price fluctuations. The recent report from Pheonix Group also reveals the leading contenders in the category of ETH burners, with Uniswap, MetaMask, and 1inch taking the lead. TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #1Inch #Metamask #0xProtocol $ZRX #GnosisChain #Pendle #KyberSwap #Aave $AAVE #Paraswap #Tokenlon $LON pic.twitter.com/VDX4iPh02o — PHOENIX – Crypto News & Analytics (@pnxgrp) October 20, 2024 Uniswap: Dominating the Burn Charts Uniswap is a decentralized exchange through which users can swap tokens effortlessly; it…

Ex-Goldman Sachs executive Raoul Pal says that the non-fungible token (NFT) sector is still relevant and due for a big resurgence. In a post on the social media platform X, Pal says NFT technology is “profound,” and he sees the crypto sector mounting a comeback in many forms. “NFTs aren’t dead. The technology is profound. They will be back in a multitude of formats with art being the first true PMF (product market fit) but many more will follow. An over-the-counter derivative or private loan for example are perfect use cases for NFTs, as are tickets, amongst a few examples.”…

The latest market statistics point toward a likely breakout for Ethereum ($ETH). As per Ali Martinez, a popular crypto analyst, the current outlook of Ethereum highlights the possibility of a significant breakout as the crypto token may soon spike to a substantial price level of up to $3,300. The analyst took to his official social media account to discuss the present market status of Ethereum. #Ethereum appears to be breaking out! As long as the $2,660 support holds, $ETH could rise to $3,300! pic.twitter.com/6pfcRyyiaP — Ali (@ali_charts) October 20, 2024 Ethereum to Reach the Predicted $3,300 Spot, Says a Crypto…

The whale sold over 150k Injective (INJ) tokens worth over $3.29 million. According to Lookonchain, the whale acquired 2.44 million Lido DAO (LDO) worth over $3.05 million. INJ price dipped slightly while LDO rose A whale has sold a significant amount of Injective (INJ) and bought more Lido DAO (LDO) tokens. On Wednesday, Sept. 25, Lookonchain shared on-chain details that showed the whale dumped 150,428 INJ valued at $3.29 million. The whale swapped the INJ for 2.44 million LDO valued at more than $3.05 million. Per Lookonchain, the whale sold their INJ for LDO via crypto liquidity provider Cumberland. A…

Bitcoin climbed 3% on Thursday morning, rising past $58,000, driven by investor response to August’s Consumer Price Index (CPI) report. The headline CPI slowed to a 2.5% annual increase, slightly below the expected 2.6%, marking its lowest level since February 2021. However, core inflation, which excludes food and energy, rose 0.3% on a monthly basis, surpassing forecasts of 0.2% and maintaining an elevated year-over-year rate of 3.2%, well above the Federal Reserve’s 2% target. Ethereum (ETH), the second-largest cryptocurrency by market cap, also saw gains, albeit a more modest 1.3% increase to $2,360, according to CoinGecko data. Ethereum competitor Sui,…

Uniswap liquidity providers have earned $3.7 billion in trading fees, showcasing the platform’s thriving decentralized finance ecosystem. Uniswap’s expansion across multiple chains has significantly boosted its active user base and trading activity, particularly on Base. Uniswap continues to prove its dominance in the decentralized finance (DeFi) market by significant financial milestones. Token Terminal statistics show that platform liquidity providers have earned $3.7 billion in trading fees overall, ample evidence of the platform’s vibrant activity. Layer 1 and Layer 2 networks have paid $2.7 billion in gas fees. This emphasizes the increasing desire for distributed trading in spite of somewhat expensive…

Peter Brandt, a renowned trader with five decades of experience, has confirmed a bullish trend reversal for Ethereum, noting that its chart is now among the most interesting. Today, Ethereum posted an approximate 5% gain, rallying to $2,765, its highest point in October. Amid this turnaround, Brandt shared an analysis suggesting that Ethereum’s ongoing uptrend might be here to stay after the asset underperformed Bitcoin in recent weeks. Ethereum Bull Run Confirmed with Inverted Head and Shoulders Bottom Taking to X early today, Brandt highlighted a developing Inverted Head and Shoulders (H&S) pattern on Ethereum’s daily chart. The chart shows…

Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. CELO, the native utility token of the Celo platform, surged around 25% to $0.68 after Vitalik Buterin, the Ethereum co-founder, praised the project’s recent achievement in terms of daily active stablecoin addresses, data from CoinMarketCap shows. According to a new report from Artemis, a data science layer for blockchains, Celo’s stablecoin usage has recently seen remarkable growth driven by factors such as increased app adoption, growing stablecoin supply, and strong demand in regions like Africa. @Celo…