Author: NBTC

Ripple chief technology officer (CTO) David Schwartz has published a post on the X platform to comment on the announcement recently made by Ripple President Monica Long in the company’s blog, which was then shared by Ripple on X. Schwartz explained that Ripple is now pulling focus on integrating the technical and financial features of the XRP Ledger in its own business. This is being done, per the Ripple CTO, to allow its clients to enjoy the benefits of DeFi in a secure and compliant manner around the world. The Ripple post speaks about the company aiming to become “the…

Several Democrats want their party to match the pro-crypto stance already occupied by their Republican rivals by adding new language to the party platform. The letter calls for the replacement of Securities and Exchange Commission Chair Gary Gensler with a “pro-innovation” agency head. More than a dozen Democrats in the U.S. House of Representatives and a long list of candidates for congressional seats are pushing their national committee to adopt a pro-crypto stance, according to a letter they sent on Saturday. Lawmakers including Rep. Josh Gottheimer (D-N.J.), Ro Khanna (D-Calif.), Wiley Nickel (D-N.C.), Ritchie Torres (D-N.Y.) and others signed the…

Bitcoin is trending higher at spot rates, breaching $63,000 on June 30 before recoiling. Even though momentum is building, the action of the coin’s price is a source of debate. Still, some are doubtful, thinking there is reason for a possible overvaluation. Analyst: Bitcoin Is Overvalued, Here’s Why In a post on X, one analyst argues that the coin may likely cool off, extending the 18% drop registered in June. To conclude this, the analyst said the preview factored in several parameters, including time, the number of active Bitcoin addresses, and hash rate. Through this model, the analyst said there…

According to blockchain tracking firm Lookonchain, an Ethereum investor recently deposited 10,000 Ethereum (ETH) tokens to the Kraken exchange. The whale withdrew a whopping 96,639 ETH from the Coinbase exchange in early September when Ethereum was in a bear market. Back then, the second-largest cryptocurrency was trading at the $1,500 level. The whale has deposited 40,000 ETH tokens to Kraken since early March, securing a massive profit of $178 million. According to CoinGecko, the ETH price is currently sitting at $3,397 after dipping 2.3% over the past 24 hours. The cryptocurrency is under selling pressure despite the successful launch of…

As the Federal Reserve and Bank of Japan (BOJ) weigh key monetary policy, Bitcoin and other crypto investors are eager to learn how the central banks’ respective moves could influence markets Wednesday. The BOJ will outline plans for a rate hike’s timing that could strengthen the Japanese yen’s value, in combination with details of a decrease in the purchasing of Japanese bonds. The decision comes after the central bank raised interest rates in March for the first time in 17 years. Whether or not the BOJ raises interest rates again is currently a coin flip, with the market pricing in…

Polkadot’s staking system is user-friendly, secure, and energy-efficient, starting with a minimum of 1 DOT. Hydration Network’s liquidity campaign secured 2M DOT from the Polkadot treasury, offering over 200% APY for early liquidity providers. Bifrost Finance integrates staking and DeFi liquidity with Liquid Staking Tokens, enabling users to earn rewards while maintaining liquidity. Polkadot’s ecosystem is achieving key milestones, demonstrating its growing significance in the blockchain space. The ecosystem’s strong staking mechanism, increasing liquidity campaigns, and new financial products are creating new benchmarks. Polkadot $DOT ecosystem is reaching new milestones! Let’s have a look at how these key players made…

U.S. Vice President Kamala Harris “understands” crypto and may embrace it as an issue in her nascent campaign for the White House, Rep. Wiley Nickel (D-NC) said at the Bitcoin Nashville conference on Saturday. Twenty-eight officials, including a dozen or so members of the House, wrote a letter to the Democratic National Committee asking for a “reset” on crypto policy to complement the recent shakeup on the election ticket, Nickel said. Among their asks are a pro-innovation Securities and Exchange Commission chair, a vice presidential pick that is “sophisticated” on digital asset policy, inclusion of pro-crypto language on the party…

‘Banana,’ an idle game within the TON ecosystem, has hit one million users in under 72 hours. Players completed 2.9 million in-game tasks and connected 580,000 social accounts to the game. This quick and large adoption highlights its appeal to both Web2 and Web3 gamers. What is Banana? Banana allows players to collect virtual Bananas, each with unique attributes and rarities. Players earn points, called Peels, by clicking on Bananas, which can then be transferred to Tether (USDT). The game also enables the trading of Bananas for various rewards, maintaining player engagement. Banana offers various features to engage players, such…

The recent fluctuation in the price of the top crypto token Bitcoin has been stirring diverse viewpoints from analysts. TXMC, a well-known crypto analyst on X, has recently condemned the Bitcoin predictions, saying the asset’s value does not follow any “Power Law” but the demand and supply. On the official social media account of the expert, they discussed what changes Bitcoin’s price. I don’t know how else to say this, and I’m not a mathematician who can throw out fancy terms, but #Bitcoin price is not governed by a “power law”. It is set by bids and asks. It’s more…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Embarking on a journey into decentralized finance is akin to navigating a new and vast wilderness. Unlike traditional finance, defi offers a platform where everyone can be more than just a consumer; they can be active participants, decision-makers, and even innovators. For novices, this is an exhilarating but complex terrain. Structured education is not just helpful—it’s essential. It functions as a compass in the vast, sometimes perplexing landscape of defi. You might also like: Defi needs some…