Author: NBTC

INJ 3.0 went live on the mainnet today, Injective announced. Injective price rose slightly after the vote, hitting highs of $29.15. Injective (INJ) has announced that the INJ 3.0 upgrade is now live on the mainnet following a historic on-chain vote. According to the layer-one blockchain’s team, IIP-392 passed with the highest percentage of approval for such an upgrade, and Injective is now in a new era. “INJ 3.0 is officially live on mainnet, allowing $INJ to become one of the most deflationary assets in all of crypto. Over the next two years, the supply of INJ will be decreased…

Nexo, a leading crypto exchange and lending platform, has announced the addition of the meme-inspired Pepe (PEPE) token to its offerings. Nexo, a crypto exchange and lending platform, has added the meme-inspired Pepe (PEPE) to its offerings. Inspired by the popular internet meme character, Pepe the Frog, PEPE has been dubbed as “the most memeable memecoin in existence.” .@pepecoineth’s $PEPE is now available on Nexo! Let’s explore. ⬇️ Dubbed as “the most memeable memecoin in existence,” the project draws inspiration from Pepe the Frog, an iconic internet meme character. Built on the Ethereum blockchain, $PEPE operates as an ERC-20 token…

Australian and Chinese equity funds are taking bold steps by applying for spot Bitcoin Exchange-Traded Funds (ETFs), signalling a robust interest in digital asset investments across different global markets. Monochrome Asset Management, an Australian financial institution, is set to pioneer Australia’s first spot Bitcoin ETF, aiming for a launch on the Cboe Australia exchange within the next two months. This ETF, applied in July 2023, will be the first in the country to hold physical Bitcoin, offering investors a direct and transparent pathway to investing in the digital currency, akin to similar offerings in the United States. The Australian Securities…

1 Maple Finance launched Syrup, a new protocol that provides institutional yield to the DeFi ecosystem. 2 Syrup is intended to unlock institutional yield and reward system, targeting 15% yields in USDC. 3 Both platforms will introduce the SYRUP token soon, permitting MPL holders to shift to the SYRUP token. On Map 28, Maple Finance, a cryptocurrency lending firm announced the launch of Syrup, a new protocol for institutional yield and rewards. Syrup Launch Announcement & Details The launch of Syrup in the crypto market seeks the attention of investors, traders, and crypto enthusiasts. Maple Finance introduced the new protocol…

Jeremy Allaire, CEO of Circle, the issuer of the USDC stablecoin, announced new partnerships with industry giants during his visit to Brazil. Allaire noted that the adoption of cryptocurrencies and stablecoins is still in its early stages. Circle Officially Enters Brazil, BTG Pactual Will Issue USDC During his visit to Brazil, Circle’s chairman signed a partnership with BTG Pactual. This means one of Latin America’s largest investment banks will now offer USDC to the market through the local banking system. “BTG will be our direct liquidity partner for the minting [registration within the blockchain] of USDC 24 hours a day,…

Bitcoin rose above $67,000 as it continued to erase the effects of the decline it experienced before the halving. While this recovery in BTC also manifested itself in altcoins, investors who made a profit distributed their profits to altcoins that are considered more speculative. While mem tokens are more prominent among these altcoins, Santiment announced that investors turned to two altcoins as BTC rose above $ 67,000. Santiment said that while cryptocurrency markets continue to recover steadily, altcoins named POPCAT and AMP have attracted the attention of investors. “Altcoin markets are on the rise as Bitcoin moves above $67,000, allowing…

Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that the Crypto.com app supports more than 350 cryptocurrencies. The meticulous and quick process makes Crypto.com stand out from other popular cryptocurrency trading applications. Strike Options is an amazing crypto derivative product that offers handsome returns. Forthright transactions, inexpensive trading, and visibly defined risk potential are the magnificent benefits of the recently introduced payment…

Galaxy Digital CEO Mike Novogratz is confident that the U.S. Federal Reserve will cut interest rates despite personally not seeing “one good reason” for them to do so, according to his recent post on the X social media network. Novogratz believes that such macro-financial conditions would be beneficial for Bitcoin as well as precious metals. “It’s a great setup for BTC, gold, silver, copper,” he said. At the same time, Novogratz is concerned about the federal budget deficit in the US. As reported by U.Today, Novogratz previously predicted that the price of the largest cryptocurrency would be able to surpass…

The perpetual futures exchange landscape is undeniably crowded at this stage, with literally hundreds of offerings available. Many offer similar user experiences and features, and only the top 20 or so have attracted a meaningful amount of trader capital or volume. Fewer still can compete with centralized exchanges in terms of order execution and liquidity. Newcomer D8X, which is now available on Arbitrum, has several features that its founders hope will let it stand out from the crowd. It’s a full-fledged on-chain perp DEX protocol using an automated market-making (AMM) approach with no centralized order book. The protocol is designed…

Colombia-based stablecoin protocol El Dorado said Tuesday it completed a $3 million seed venture capital investment round to build a crypto payments “superapp” for the Latin American region. Multicoin Capital was the lead investor, with crypto exchange Coinbase’s venture capital arm Coinbase Ventures, UC Berkeley Skydeck and Awesome People Ventures also participating in the round. Stablecoins are a $160 billion asset class within crypto, with their prices anchored to an external asset, predominantly to the U.S. dollar. They are increasingly popular in developing regions such as Latin America with less developed banking systems and history of currency devaluations. Dollar-pegged stablecoins…