Author: NBTC

Swing, a famous decentralized protocol to provide liquidity across chains, has announced a new integration. As per the company, Manta Network (a modular blockchain dealing with ZK applications) is integrating with it to enable developers to use zero-knowledge technology. In addition to this, they can also explore the exclusive possibilities present in the decentralized finance sphere. Swing x Manta Network We’re excited to announce the integration of @MantaNetwork With Manta now live on Swing, developers can leverage the power of zero-knowledge (ZK) and build cross-chain applications across Manta Pacific and Manta Atlantic.https://t.co/CAYcJLs13z pic.twitter.com/jUChkFkfzZ — Swing | Unified Cross-chain UX 🤖…

Coinbase CEO Brian Armstrong explains the importance of Bitcoin in response to the United States’ $30 trillion surge in national debt over the last 28 years. In the context of the United States’ burgeoning national debt, Robert Sterling, CFO of 20 Dollar Consulting, highlights the alarming rate at which the U.S. debt has grown, underscoring a bipartisan trend of fiscal expansion under successive administrations. Sterling points out that the acceleration of debt accumulation began with George W. Bush and continued through the previous three presidencies. Significant milestones were crossed in response to military spending, tax cuts, the Great Recession, and,…

In a recent development, Starknet, Ethereum’s layer-2 scaling solution leveraging zero-knowledge rollups, announced a groundbreaking feature by AVNU, its native DEX aggregator. AVNU’s newly launched Paymaster feature aims to transform the way users interact with gas fees on Starknet, potentially making gas fees a thing of the past. AVNU’s Paymaster, currently in beta, introduces a novel approach to paying gas fees on Starknet. While traditionally users could only pay gas fees using Ethereum (ETH) or Starknet’s native token (STRK), the Paymaster now allows payments in stablecoins USDC and USDT. This feature is not just an addition but a transformative step…

In the wake of new inflation data, the crypto market experienced $164.52M in liquidations over the past 12 hours, with $119.88M in long positions and $44.64M in short positions being flushed out. Bitcoin accounted for $48.31M of the total liquidations. The US Market Open again seemed to be a bigger catalyst than inflation data as the open saw another leverage sweep, aligning with yesterday’s analysis of crypto leverage. Bitcoin rose by 1 % to create a new all-time high of $72,940, followed by a decline to $70,900 before returning to around $71,880 as of press time. The US annual inflation…

While the broader crypto market trades flat, meme coins have had a torrid time of it today, as they retrace from recent peaks. Solana-based Dogwifhat (WIF) dropped double-digits overnight, as it continued to slip from an all-time high set on March 31st. The cryptocurrency is currently down 15.9% on the day and 10.4% on the week, trading at $3.26, per data from CoinGecko. Other dog-themed coins have slipped over the past day, with Dogecoin (DOGE) down 4.9%, Floki Inu (FLOKI) down 6.4% and BONK down 5%. Of the canine coin category, only Shiba Inu (SHIB) is trading flat on the…

Vitalik Buterin, the co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge. This revelation comes from a broader examination by Arkham, a blockchain intelligence firm, which disclosed that numerous crypto addresses have substantial amounts lodged in bridge contracts across different networks. Cross-Chain Challenges: Ethereum Wallets Grapple With Locked Assets A wallet address that received 50 Ethereum (ETH) from Buterin’s identifiable Ethereum Name Service (ENS) address vitalik.eth, has seen $1.05 immobile for the past seven months. If genuinely linked to Buterin, these funds represent merely a sliver of his vast $781 million cryptocurrency holdings. Arkham’s investigation revealed…

Top analytics firm Glassnode says that a transfer of wealth is occurring within Bitcoin (BTC) as coins move from long-term holders to new speculators attempting to trade the current bull market. In a new report, Glassnode says that as Bitcoin breaks another all-time high, speculators have arrived to open leveraged futures positions, often buying their BTC from longer-term HODLers who have been holding since the bear market. Glassnode calls it a “classic wealth transfer” from the HODLer cohort to speculators. The firm shares a chart suggesting that bull markets tend to peak when young coins, or coins that have been…

Executive Summary: After the successful conclusion of the Merge and the removal of lock-up periods, interest in Ethereum staking is increasing rapidly. But staking comes at the cost of liquidity. Platforms that offer liquid staking derivative (LSD) tokens combine the best of both worlds – passive income from staking rewards combined with the freedom to trade and invest staked ETH on DEXs and DeFi platforms through derivative tokens. LSD tokens come in different designs and architectures – rebasing contracts, non-rebasing tokens, single tokens, and dual-token models are the primary examples. Investors must learn about the pros and cons of each…

Bitcoin, the leading cryptocurrency, is trying to recover the losses it suffered while falling to $ 64,000 levels at the beginning of April. At this point, while BTC reached $ 69,000 again last night, some altcoins also differentiate positively from the market with the rise they experienced. One of these altcoins was Pendle (PENDLE), while the PENDLE price increased by approximately 30% and attracted attention amid the fluctuations in the crypto market. With this rise, PENDLE ranked at the top among the altcoins that gained the most in the last 24 hours. While the main reason for the increase in…

Bitcoin (BTC) has hit another all-time high, its third since March, and the altcoin market is growing alongside it. Why does this happen? From the onset of the cryptocurrency era, Bitcoin was synonymous with “cryptocurrency” due to the absence of other digital currencies. Over time, though, thousands of new blockchain projects have emerged, each with unique applications. Despite this diversity, Bitcoin continues to be the dominant force, influencing market trends across the cryptocurrency spectrum. This article delves into why and how altcoins are so closely tied to Bitcoin’s market movements. You might also like: Bitcoin traders move $520m as BTC…