Author: NBTC

Despite the global cryptocurrency segment taking a breath, the Toncoin (TON) price shows no signs of exhaustion. After a multi-week rally, it targets fresh capitalization records and onboards dozens of decentralized applications (dApps) daily. Toncoin (TON) up by 5%: Top performing crypto in elite league Today, on June 13, 2024, the price of Toncoin (TON) added almost 5%. It stopped one step from a new ATH over $7.65, while Toncoin (TON) capitalization reached $18.55 billion. Recently, TON replaced veteran cryptocurrency Cardano (ADA) as the 10th largest digital asset. As such, TON is the only asset in the top 20 that…

Mobile game Heroes of Mavia, a crypto-tinged Clash of Clans clone on iOS and Android, announced this weekend that it’s entering “Phase 2: Next Frontier,” which aims to integrate the MAVIA token into its gameplay loop with a set of new features. Elements of the crypto integration will be released gradually over the next four months, and creator Skrice Studios claims that most features have been developed and are currently being tested before full launch. By the end of the phase, the project aims to have created a sustainable token economy and ecosystem. The MAVIA token launched on Ethereum back…

Debuting a referral program with the aim to expand its footprint in the blockchain and crypto spaces, Plume, home to the modular RWA Layer 2 blockchain, today announced a strategic partnership with Alchemy Pay. This strategic alignment is intended to permit businesses to engage with Alchemy Pay’s ramp services, on a trial basis with zero-risk, allowing them a live experience of integration before making any further formal commitment. By adopting this frictionless ramp solution, users will also be able to enjoy the enhanced speed and efficiency of Alchemy Pay. Plume’s incorporation into this program reflects much more than just a…

A widely followed crypto analyst says that Bitcoin (BTC) is on the cusp of entering the parabolic phase of the market cycle. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 474,000 followers on the social media platform X that it appears as if the crypto king is one weekly close away from going parabolic. However, the analyst notes that most likely, it won’t be weeks until the top crypto asset by market cap makes large moves to the upside. “Bitcoin rejects from the range high of its current reaccumulation range. It’s clear that BTC is only…

The recent surge in central bank digital currency initiatives worldwide marks a pivotal moment in the evolution of global finance. The 2023 BIS survey on CBDCs and crypto reveals a landscape where 94% of surveyed central banks are actively exploring the potential of CBDCs. This movement is not just a technical endeavor but a profound shift towards reimagining the very foundations of monetary systems, driven by a diverse array of approaches tailored to unique national contexts. Central banks in advanced economies (AEs) and emerging market and developing economies (EMDEs) are charting different paths in their CBDC journeys, reflecting varying priorities…

Key Points: StarkWare will introduce Layer 3 on StarkNet this year with support from technologies like Rollup and Validium. Layer 3 offers significant cost reductions, estimated to be a million times less expensive than Layer 1 transactions while inheriting security from underlying blockchains. StarkWare has unveiled new advancements in blockchain technology with the introduction of Layer 3 on StarkNet, aimed at revolutionizing decentralized application (dApp) development. StarkWare Unveils Layer 3 on StarkNet This latest layer, poised to launch on StarkNet, promises substantial cost reductions and enhanced customization capabilities compared to previous solutions. It makes it an attractive option for projects…

Now, as it joins the Optimism Superchain ecosystem the Kroma brand appears poised to revolutionize the way that games are made in Asia. Announced on 14th of June (earlier today), 2024, the partnership is said to represent a considerable step forward in the continent-wide diffusion of digital interactive venues which the Superchain is designed to facilitate. Integration with Optimism’s Superchain The decision of Kroma to get on the Superchain bandwagon represents a big jump in its ambitious vision of becoming the most dominant gaming blockchain across Asia. The Superchain, powered by Optimism’s OP Stack—a robust, open-source standard codebase—enables various chains…

The average Bitcoin investor is a financial genius of impeccable character, according to new research. Canadian investors, anyway. Stefano Di Demonico, a behavioral scientist and assistant professor at the University of Toronto, is finalizing a joint study on the “psychological makeup and financial literacy of Bitcoiners.” While the results have not yet been officially released, he previewed its findings at the Canadian Bitcoin Conference earlier this month. Drawing on a sample of 500 Canadian retail crypto investors, the co-author noted that his findings contradicted common misconceptions about the demographic—often caricatured as immature “crypto bros” who are irresponsible with their money.…

The SEC approved initial filings for spot Ether ETFs in the U.S., pending final S-1 registration clearance. Ethereum’s current open interest stands at $6.38 billion, marking a recent 1.63% increase in trading. Analysts foresee a bullish trend for Ethereum, citing its surpassing of previous yearly highs and potential price targets at $3720 and $3900. According to an analyst, Ethereum (ETH) has surpassed its previous year’s high, indicating strong bullish momentum in its price trajectory. #Ethereum is one of the most bullish Altcoins right now. It’s already trading above the previous yearly high. pic.twitter.com/UrViL9dY1V — Yoddha (@CryptoYoddha) June 13, 2024 The…

GameStop’s stock price plunged 13% early Monday afternoon to a price just above $25 as hype cooled following a delayed shareholder meeting, where the firm’s most prominent investor went unnamed. The price of GME shares has been turbulent since the online return of Keith Gill, better known as Roaring Kitty. The meme stock influencer reignited interest in the video game retailer last month, posting for the first time in years after emerging as the de facto face of GameStop fans in 2021. Gill’s online return has been viewed among GameStop’s believers as a significant event, to the point where people…