Author: NBTC

In a recent revelation, Cardano founder Charles Hoskinson shared that he nearly built the Cardano blockchain platform using the Clojure programming language. In an X discussion, the Cardano founder recently shared a fascinating glimpse into the early decision-making process that led to the creation of Cardano. He revealed a pivotal moment: the choice between using Clojure, a dynamic and functional Lisp dialect, and Haskell, a statically typed functional programming language. However, the decision ultimately leaned toward Haskell, influenced by the potential of Cloud Haskell and the hopes of leveraging Liquid Haskell and Agda. I almost built Cardano with Clojure. We…

In the last 24 hours, Ethereum broke the $3K resistance to hit $3.2K. ETH’s daily trading volume soared by 8.77%. The global crypto market has been going through an extended bearish phase over the past few weeks. Over the last 24 hours, crypto traders liquidated nearly $151.5 million from the market. Notably, Ethereum (ETH) liquidations exceeded Bitcoin’s over the day. According to Coinglass data, Ethereum market recorded liquidations worth $49.78 million whereas BTC’s recorded $39.7 million. Amid this, Ethereum displayed a brief rally to hit $3.2K. But the largest altcoin failed to sustain the momentum and declined back into the…

The official Shiba Inu (SHIB) X handle takes a subtle jab at its rival Pepe (PEPE) in reaction to a challenge from top crypto exchange Poloniex. For context, Poloniex asked its users and followers to comment on which meme coin they would buy between SHIB and PEPE. Shiba Inu Shades Pepe in New Challenge Reacting to the post, Shiba Inu’s official X handle emphasized that a new challenger has emerged. However, Shiba Inu said it remains confident in its position at the top despite the emergence of this new challenge. The handle claimed ownership of the top dog position while…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The video game industry is a behemoth in the entertainment sector, outpacing the revenue of both music and film combined. It is projected to reach a market size of $363 billion by 2027. While traditional video game models like Games-as-a-Service (GaaS) have long been the gold standard, the sector faces significant challenges that call for innovative solutions. You might also like: The power of play: Web2 games need web3 stickiness | Opinion Historically, the GaaS model in…

DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in digital assets as part of alternative portfolios. “We are studying listing stablecoins on our exchange and studying how to enable clients to earn rewards through Ethereum staking,” the chief executive of the DBS digital exchange stated. DBS Reports Major Increase in Digital Payment Token Trading DBS announced on Wednesday a significant increase in the trading value of digital payment tokens on…

The last Bitcoin (BTC) bull run, which culminated in an all-time high of almost $69,000 in 2021, was mainly driven by growing institutional interest in the crypto space. Notably, electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) was among these entities after purchasing $1.5 billion worth of Bitcoin, a decision that saw the maiden crypto rise to the $44,000 mark. The February 8, 2021, announcement sent shockwaves in the financial world, signaling Bitcoin’s mainstream acceptance. At the time of the purchase, Bitcoin was valued at $38,886. Fast forward to today, July 10, 2024, and Bitcoin is trading at $58,124. Between these…

In recent months, Ethereum’s landscape has exhibited intriguing dynamics, particularly in relation to its transaction fees and asset price. A recent analysis by a CryptoQuant analyst has spotlighted the trend of Ethereum‘s average gas fees in Gwei, juxtaposed against its market price. This examination provides valuable insights as the cryptocurrency community anticipates the forthcoming decision on thespot ETF. Ahead of the Upcoming Approval of the $ETH Spot ETF“Trend shows that gas fees are at their lowest since May 2024, indicating a quieter #Ethereum network activity. It can be observed that when gas fees increase, Ethereum prices tend to rise as…

Real-world assets (RWAs) tokenization platform TVVIN has expanded to Polkadot as part of its strategy to become an omni-chain platform. In a May 29 statement, the platform revealed it was launching its London Bullion Market Association (LBMA)-certified gold token (VVG) and its platform utility token (TVVIX) on Polkadot. Why Polkadot? By expanding to Polkadot, TVVIN aims to increase the availability of its RWA tokens across various blockchains, boosting flexibility and integration capabilities. This strategic shift will also enable easier integration with other chains like Cardano. Darko Mijic, CPO at TVVIN, further explained: “This move leverages Polkadot’s strengths to enhance scalability,…

Binance Simple Earn, Binance’s leading guaranteed earning platform, has launched a promotion for Artificial Superintelligence Alliance (FET) Simple Earn Flexible Products and Locked Products. The promotion features FET, the token representing the newly formed alliance between three prominent AI projects – Fetch.ai, SingularityNET, and Ocean Protocol, now under the umbrella of the Artificial Superintelligence Alliance. FET, originally the native token of Fetch.ai, now serves as the reserve currency for the entire alliance, with other tokens like AGIX and OCEAN being converted into FET at a fixed exchange rate. In an official announcement, Binance highlighted up to 4.8% exclusive Bonus Tiered…

The Bitcoin profit and loss index is hovering around its 365-day moving average; previous crossovers to the downside have led to major market corrections. Tether’s market cap growth, often considered a key driver of bull markets, has stalled. Large BTC holders, however, increased their stash by 6.3% over the month, the highest since April 2023. Bitcoin (BTC) is it a crucial stage of this market cycle as several factors signal continued downside while others indicate that prices are set to bottom out. Currently trading at $57,700 having bounced from last week’s low of $53,600, bitcoin remains in a technical downtrend…