Author: NBTC

Allo, a notable player in the blockchain space, has officially joined forces with the Superchain by the Optimism Collective. This collaboration marks a significant milestone in the blockchain industry, aiming to tokenise $2 billion in real-world assets. This move will revolutionise how investments and trading of such assets are conducted globally, introducing instant settlement features. Delighted to have you join our Restaked Rollup ecosystem @layer3xyz! Welcome on board 🥳 https://t.co/X0LlsR1Pqz pic.twitter.com/Lsrlj7nzfk — AltLayer (@alt_layer) June 27, 2024 Accelerating Ethereum Scaling In addition to its monumental partnership with the Superchain, Allo has also become a featured protocol within the alt-layer ecosystem.…

As Bitcoin navigates through significant price changes, varying analyses from crypto analysts have painted a diverse picture of its short-term trajectory. A prominent crypto analyst, Ali, identified a sell signal on Bitcoin’s short-term charts using the TD Sequential indicator. Rekt Capital noted the significance of the $60,000 support level, suggesting that maintaining this level is crucial for further positive momentum. He remarked that the recent breakout to $66,000 is a testament to how quickly market sentiment can shift toward a bullish trend. The analyst disclosed: The Bitcoin Bull Market is not over. But time and time again, the market will…

Shytoshi Kusama, a lead voice within the Shiba Inu ecosystem, has hinted at an upcoming project in response to recent comments made by Ethereum founder Vitalik Buterin. The latter criticized the current trend of celebrity tokens, such as Iggy Azalea’s MOTHER, which recently gained significant attention on Solana. He called for these projects to provide real value beyond financial gain and have a lasting impact. Buterin explained that successful crypto projects should serve a public good, include engaging elements and ensure that participants feel positive about their involvement, even if the financial returns are negligible. Kusama responded to this criticism…

WAX, a purpose-built and environment-friendly blockchain dealing with dApps, NFTs, virtual worlds, gaming, and collectibles, has announced a new initiative. As per the platform, it intends to soon unveil a token bridge to TON Network which operates under the famous social media forum Telegram. The company took to social media to reveal the details of the respective endeavor. WAX to Offer a New Token Bridge in Collaboration with TON Network In its new X post, the firm expressed its enthusiasm regarding the exclusive project. The platform also disclosed that this endeavor will elevate the position thereof in the case of…

Real Vision analyst Jamie Coutts is saying that the performance of the US dollar against other major currencies will impact the price of Bitcoin (BTC). Coutts tells his 16,300 followers on the social media platform X that the US Dollar Index (DXY), a measure of the US dollar’s value compared to a basket of six dominant global currencies, is currently trading in a range. According to Coutts, Bitcoin could rally if the DXY falls by around three percent from the current level. “A break below 101 would be rocket fuel for Bitcoin.” Source: Jamie Coutts/X The DXY is trading at…

Stacks (STX) is spreading a new narrative, showing that Bitcoin-based tokens are possible. STX lined up among top gainers after showcasing several active projects. Launching tokens on the Bitcoin network went through several attempts, each one creating its unique form of hype. In 2024, peak projects included the generation of ordinals, BRC-20 tokens, Taproot tokens, and Runes. Stacks is one of the projects that rose to prominence as a tool to generate and market Bitcoin-based tokens. After a recent market recovery, STX also became one of the top gainers. STX traded at $2.20 after a few active days of climbing.…

Crust Network has announced the official launch of the EthDA Testnet. EthDA enhances Data Availability (DA) for Ethereum Layer 2 (L2) solutions. It also reduces costs and congestion using EIP-4844. This new testnet is set to significantly improve the efficiency and scalability of Ethereum’s ecosystem. 🎉We’re thrilled to announce the official launch of the EthDA Testnet! EthDA enhances #DataAvailability (DA) for Ethereum L2s, reducing costs and congestion with EIP-4844. Dive in and explore seamless DA solutions⬇️ pic.twitter.com/M8DjhJ4kJc — Crust Network (@CrustNetwork) June 28, 2024 EthDA Tackles High Gas Prices and Congestion on Ethereum L1 EthDA aims at developing a strong…

As traditional fiat currencies face the specter of inflation due to various economic factors, alternative assets like Bitcoin (BTC) have gained increasing attention as potential hedges against this phenomenon. But can Bitcoin hedge against inflation? In this article, we’ll delve into the dynamics of inflation, explore how Bitcoin operates in this context, and evaluate its effectiveness as a hedge against inflationary pressures. What is inflation? Before we dive into the role of Bitcoin, it’s essential to grasp the concept of inflation. Inflation refers to the rate at which the general level of prices for goods and services is rising, leading…

Singapore, Singapore, June 5th, 2024, Chainwire Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology. More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading…

Trident3 has recently integrated the peer-to-peer digital identity solution T3id with LayerZero. This collaboration will let users quickly identify themselves across over 70 blockchains connected through LayerZero’s infrastructure. “Peer-to-peer identity verification simply means I can verify who is on the other end of a transaction, or I can verify I’m getting an email from an entity, and I am only opening that because it’s been verified that it’s really that entity,” shared Steve Goldstein, CEO at Trident3, with Crypto Briefing. “And then when you layer in our data solution, the benefit of this partnership with LayerZero is the 70-plus blockchains…