Author: NBTC

Thena, a prominent decentralized exchange (DEX), announces an exclusive partnership with Lido Finance. Lido Finance is known in the crypto market for its exceptional liquid staking Ethereum (ETH) services. Thena shared this news on its official X account in which Thena welcomes Lido Finance to its BNB Chain ecosystem. It’s our great pleasure to welcome @LidoFinance with Ethereum’s leading liquid staking token to @BNBCHAIN!Our collaboration kicks off with two strategies, now LIVE with THE rewards:✨ $ETH/wstETH by @GammaStrategies ✨ $wstETH/BNB by @ichifoundation pic.twitter.com/eagXMvLoHU — THENA (@ThenaFi_) August 16, 2024 Through this collaboration, Lido Finance will bring its most trending liquid…

Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) could reach a six-figure price during the current cycle. Coutts says that compared to previous bull cycles witnessed in 2017 and 2020, Bitcoin is likely to record diminishing returns this time round. According to Coutts, Bitcoin rallied by 19X in 2017 and 6X in 2020 but is only likely to go up by between 2X to 3X this cycle. On how Bitcoin can go up by up to 200% this cycle, the Real Vision analyst says, “For BTC to meet this target, the US Dollar Index (DXY) would need to be…

A decentralized finance (DeFi) altcoin is outperforming the broader crypto market this week, sparking a 30% surge amid inflation rate cuts. In a new blog post, DeFi protocol Curve Finance (CRV) says that for its fourth birthday, it is undergoing one of the most significant emissions reductions in its history, one that ends all emissions except those by the protocol’s community. According to Curve, its halving, or when the protocol’s mining rewards are cut in half, is modeled after Bitcoin’s (BTC) but occurs at a different rate. “Curve has enjoyed a handful of emissions decreases over its first three years,…

Goldman Sachs is forecasting the Fed to cut interest rates on a series of occasions starting in September. The forecast comes ahead of the Jackson Hole Global Central Bank Annual Meeting next week, where central bankers from around the world will gather to discuss monetary policy. Goldman Sachs’ U.S. economists predict a 25 basis point cut at three meetings in September, November and December, followed by a quarterly cut next year and another in 2026. That would bring the federal funds rate down significantly from 5.375% to around 3.375%. While this outlook points to a more dovish Fed than previously…

The fast-growing market rebound is good news for XRP and its investors. Joining the broader market, XRP is changing hands for $0.4354, up by 4.71% in the past 24 hours. This growth reboot has helped it shrink its losses over the past week to just 8.44%. XRP reemergence After plunging as low as $0.39 in the past seven days amid epic bull liquidation, XRP has flipped this price point as its crucial support level. The historical performance of XRP makes it an interesting asset to watch. Thus far this year, XRP has bounced on and off the $0.4 trendline with…

Crypto exchange OKX has announced the delisting of a large number of spot trading pairs as part of its ongoing efforts to maintain a robust trading environment and ensure that listed assets meet the platform’s performance standards. OKX to Delisting TUP, THG, CONV, BLOK, BRWL and NYM Spot Trading Pairs According to the statement made by OKX, six trading pairs will be removed effective August 23, 2024. The trading pairs that have been identified for delisting are: TUP/USDT THG/USDT CONV/USDT BLOCK/USDT BRWL/USDT NYM/USDT The decision came after a routine review based on user feedback and OKX’s Token Delisting/Delisting Guidelines, which…

Polygon PoS, the original gangsta (OG) blockchain, has solidified its position as a cornerstone of mainstream crypto adoption, as it achieves over 1.5 million active wallets and 318 million transactions to date. What else? RWA is coming, and it doesn’t just mean tradfi.https://t.co/z73hDJCp0z@courtyard_io is bringing the digital collectibles market onchain (cough cough – also built on Polygon PoS)Tokenized Pokémon cards are leading the way, with over *10 million* weekly bidding and… — Polygon | Aggregated (@0xPolygon) August 16, 2024 Polygon PoS has been a pioneer in the world of decentralized finance (DeFi), laying down years of battle-tested foundations, scalability improvements,…

CLS Global, a prominent company providing services for crypto trading, has recently provided an analysis of Bitcoin. The analysis from CLS Global gets support from technical indicators and the market to indicate that BTC could jump to $84,000-$110,000. The possible reasons for this prediction include the enhanced whale activity, increasing Bitcoin ETF inflows, and the consistent uptrend. The platform took to its official X account to provide the details of this scenario. Remember that Bitcoin is currently changing hands at nearly $58K. BTC/USDT Analysis: Technical indicators suggest potential #Bitcoin rise to $84k-$110k. Key observations:– Uptrend continuation– ‘Spring’ pattern in volume…

In this guide we explore step by step the famous crypto DEX PancakeSwap. It currently ranks 3rd in the ranking of the largest cryptocurrency exchange platforms, given its strong brand and the variety of products offered. Let’s see how to access the exchange and how to do decentralized trading, and then discover all the more complex additional features. All the details below The history of the decentralized exchange PancakeSwap How to trade crypto on the platform? Additional features of the crypto DEX PancakeSwap: TVL and on-chain analysis The history of the decentralized exchange PancakeSwap PancakeSwap is a DEX (decentralized exchange)…

Mastercard, the American multinational financial giant, recently revealed it has partnered with the fintech firm Scale to accelerate the deployment of fintech firms in Africa and the Middle East. Amnah Ajmal praised the partnership with Scale, saying it moves her organization closer to its goal of narrowing the digital gap. Narrowing the Digital Gap The card services corporation Mastercard has partnered with the fintech startup Scale to facilitate the quicker deployment of fintech firms in Africa and the Middle East. According to a report, the collaboration is expected to enable telcos, fintech firms, aggregators, and payment service providers to launch…