Author: NBTC

Stablecoins have overtaken Bitcoin in popularity among Latin American crypto users, according to a new report from research firm, Kaiko. This trend, observed across seven major exchanges, highlights a growing preference for stable digital assets in the region. Stablecoins more preferred than Bitcoin in Latin America, Kaiko study revealsA recent study by crypto market research firm Kaiko has observed the popularity of stablecoins over Bitcoin in Latin American crypto markets. According to https://t.co/16dw4rejR4, the analysis covered… — CoinNess Global (@CoinnessGL) June 25, 2024 These crypto exchanges offer trading pairs with Latin American fiat currencies, with stablecoins emerging as three of…

One week after celebrities Caitlyn Jenner and Iggy Azalea launched buzzy meme coins, it appeared as if legendary professional wrestler Hulk Hogan had done much the same on Thursday with the HULK token on Solana. But after the coin was quickly “rugged” at the expense of investors, Hogan took to Instagram to urge fans to ignore any crypto post that came from his Twitter account. “Please do not take notice of any posts posted today,” Hogan shared on Instagram. “They are not from me and will be promptly removed.” Indeed, there’s no sign of the purported crypto scam on Hogan’s…

Binance will be changing its fee structures on July 1, effectively raising fees for users who trade on the platform via prime brokers, reports Bloomberg. Previously, brokers who were a part of Binance’s Link Plus program were able to lower trading fees for users thanks to the total volume the broker was doing. It effectively allowed users to benefit from a more generous fee tier than their trading would normally justify. Previously, the structure of this setup meant certain traders could receive lower fees by trading through these brokers instead of Binance directly, benefitting from the broker’s ability to aggregate…

PancakeSwap partners with Allora Network to launch AI prediction market on Arbitrum. Users can earn up to 60,000 ARB rewards with 100% Fund Protection for predicting ETH price movements. Future plans include expanding the AI predictions to more on-chain and off-chain markets. PancakeSwap has partnered with Allora Network to launch an AI-powered prediction market on the Arbitrum Network. The AI-powered prediction market aims to empower users with advanced tools to predict Ethereum price movements and participate in a dynamic, AI-driven environment. PancakeSwap’s new AI prediction market PancakeSwap’s new AI prediction market introduces a novel way for cryptocurrency enthusiasts to engage…

While the FED has kept interest rates constant for a long time, interest rate cut expectations in 2024 are decreasing day by day. While expectations for the FED interest rate decision on July 31 focus on keeping interest rates constant, keeping interest rates constant is priced at 89.7%, according to CME FedWatch. While the earliest date for the FED to start reducing interest rates is September, some experts expect a single interest rate cut for 2024, and some expect two interest rate cuts in September and December. At this point, FED member Michelle Bowman, who has the right to vote…

The Solana-based meme coin GameStop (GME) skyrocketed 94% and is the largest gainer in the last 24 hours, according to data aggregator CoinGecko. The sharp rise was fueled by the notification of a livestream scheduled by notorious investor RoaringKitty, set to happen tomorrow at 16h (UTC). For the past seven days, GME growth has surpassed 395%, eclipsing the performances of all the Solana meme coins listed on CoinGecko. GME meme coin price in the past 24 hours. Image: CoinGecko Keith Gill, RoaringKitty’s real identity, is one of the main figures behind the GameStop stock price leap in 2020. The livestream…

Ripple’s chief technology officer (CTO) David Schwartz has commented on a case of an attempted funds withdrawal from the badly-reputed and non-functioning FTX crypto exchange shared by a former FTX user. David Schwartz could not hold back his indignation and disappointment at this, and this is not the first time he has slammed FTX in his tweets. This, formerly one of the largest cryptocurrency exchanges, collapsed in November 2022 as its founder and CEO Sam Bankman-Fried was accused of defrauding its investors and taken into custody. He is currently doing his time in prison, while some users continue their attempts…

In the blockchain technology space, interoperability remains a cornerstone for innovation. The recent partnership between NodeKit and Polygon marks a significant advancement in this arena. This collaboration aims to enhance the composability across different blockchain networks, ensuring a seamless and integrated Web3 environment. 🤝 @nodekitorg is bringing synchronous composability to the AggLayer and CDK chains by way of the Composable Networkthat’s right. aggregated composability. https://t.co/kEYxgXXBss — Polygon | Aggregated (@0xPolygon) June 26, 2024 Elevating Composability Across Chains NodeKit, known for its pivotal role in facilitating synchronous communication between blockchains, has embarked on a groundbreaking partnership with Polygon. This alliance focuses…

Futureverse and Animoca Brands, known for driving digital property rights in the open metaverse, announced a landmark Memorandum of Understanding (MoU) to enhance Futureverse’s advanced metaverse technology stack. This strategic partnership leverages Animoca Brands’ extensive ecosystem of blockchain-based products, aiming to accelerate growth across both platforms.—”At the core of our partnership is the integration of Futureverse’s advanced technology stack with Animoca Brands’ robust portfolio of over 400 Web3 investments,” said Futureverse co-founder Aaron McDonald. Futureverse’s flagship technology, The Root Network, optimized for seamless interoperability, will play a pivotal role in expanding capabilities and enhancing digital asset management within virtual environments.Futureverse…

For years—technically, forever—human beings have lacked a means to suck pimple fluid and other unwanted oils from their face while simultaneously expressing support for a prominent crypto executive. Today, that paradigm shifts. As a component of Base’s “On-Chain Summer” campaign, the rising Ethereum layer-2 network has teamed up with on-chain beauty company KIKI World to create NFT-linked pimple patches adorned with the CryptoPunk-ified face of Coinbase CEO Brian Armstrong. The NFTs, dubbed “BASE FACE,” entitle minters to redeem a physical pack of 40 pimple patches—20 Armstrong faces of varying sizes, and 20 Base network logos. Each NFT costs .0035 ETH…