Author: NBTC
Hong Kong’s central bank recently launched a new initiative to support local banks as they launch blockchain products, with tokenization as one of the key focus areas. Elsewhere, one of El Salvador’s leading financial service providers has launched a new platform to issue tokenized assets as the Central American nation pushes its pro-digital asset agenda. Hong Kong’s blockchain incubator The Hong Kong Monetary Authority (HKMA) described the new incubator as a “new supervisory arrangement” that will allow local banks to “maximize the potential benefits of DLT adoption by effectively managing the associated risks.” Officially known as the Supervisory Incubator for…
Bitcoin’s price stability hinges on a crucial support zone between $96,475 and $99,574, according to on-chain data. This range represents a significant area of interest for the cryptocurrency, as 1.87 million addresses collectively acquired 1.79 million BTC within this price bracket. The activity highlights the psychological and technical importance of this support level in determining Bitcoin’s short-term and long-term trajectory. The most important support level for #Bitcoin is between $96,475 and $99,574, where 1.87 million addresses bought 1.79 million $BTC! pic.twitter.com/oDBK56uidx — Ali (@ali_charts) January 18, 2025 According to Crypto analyst Ali Martinez,On-chain metrics reveal that the $96,475 to $99,574…
Prominent financial analyst Gary Cardone recently noted that the “XRP army is getting louder,” pointing to the increasing enthusiasm within the XRP community. This comes as XRP continues to break past 2021 levels, trading above $1.50 at the time of writing. XRP has surged more than 190% in the last three weeks, sparking renewed interest in the crypto market, especially as it had previously been an underperformer. Cardone also mentioned rising speculation that SWIFT, the global financial messaging network, is in talks to acquire or partner with XRP. This development, he suggests, is fueling the growing excitement among XRP enthusiasts.…
Orbiter Finance, a cross-chain protocol based on Ethereum, has announced its support for Donald Trump’s inauguration speech through a notable sponsorship. This initiative comes on the heels of the protocol’s Token Generation Event (TGE) and the release of its governance token, OBT. Orbiter has committed to further backing Trump’s initiatives with ongoing contributions throughout his presidency. 🇺🇸 Just In: $OBT to sponsor President-elect Donald Trump’s inauguration. Txid: https://t.co/XcE07M0J9V Paid by Maker Address, cross-chain through Orbiter Omni-chain Interoperability protocol.The donations to Trump’s office will continue throughout Trump’s presidency. pic.twitter.com/KnB99HHmQG — Orbiter Finance 🛸 (@Orbiter_Finance) January 20, 2025 On January 20, 2025,…
Ethereum Layer 2 scaling solutions may soon hit their limits in efficiently scaling the mainnet, warns Gautham Santhosh, co-founder of Polynomial.fi. Layer 2 solutions are protocols or networks built on top of a layer-1 networks to improve its scalability and reduce transaction costs by processing transactions off-chain and then periodically settling the results on the main chain. More and more users have embraced these protocols for faster and more affordable transactions late last year. That’s evident from the spike in the number of blobs or binary large objects posted by hundreds of L2s to Ethereum. Since November, the daily tally…
Bitcoin has risen to $105,000, just before Donald Trump is inaugurated for his second term on Monday. The BTC price dropped to around $90,000 earlier this month before reclaiming $100,000 on Thursday. Since then, the prices have continued to surge, hitting a high of $105,900 on Friday. Trump’s new meme token has stirred the Bitcoin and overall crypto community On Friday, Trump launched his new meme token, sending shockwaves through the world of Bitcoin and crypto. Crypto investor and Youtuber Anthony Pompliano even asked investors to “buckle up,” saying financial markets were not prepared for what was to come. At…
A Sandbox whale has made a significant move in the cryptocurrency market. The trader transferred 1,953,097 $SAND, valued at $1.48 million, into Coinbase. This move was reported by Onchain Lens. The average price that the whale paid for $SAND was $0.76. A whale has transferred 1,953,097 $SAND, valued at $1.48M, into #Coinbase at an average price of $0.76.The trader accumulated these $SAND over a month for approximately $484,899.With $SAND’s recent price surge, the whale is now enjoying a massive $1M profit.… pic.twitter.com/BECH3tPeZf — Onchain Lens (@OnchainLens) November 25, 2024 Whale Profits $1M from Sandbox $SAND Acquisition Notably, the trader has…
Trinity College in Dublin has become the first Irish institution to partner with Ripple’s University Blockchain Research Initiative. According to the Irish Independent, Trinity College will set up a blockchain research initiative at the Adapt Research Ireland Centre at the university to work on advancing blockchain technology, addressing challenges in cryptocurrency cybersecurity, and developing innovative fintech solutions. As part of the collaboration, the university will receive $200,000 in funding over a period of two years and will also host an XRPL validator, a node that verifies transactions on Ripple’s blockchain network, enabling Trinity researchers to support its decentralized infrastructure. The…
With bitcoin maintaining a sustained trajectory well beyond the $100,000 threshold for over 48 hours, a fascinating revival of dormant bitcoin addresses has been observed, rekindling activity after years of profound dormancy. From Dust to Millions: Dormant Bitcoin Wallets Roar Back to Life Legacy wallets, many untouched for nearly a decade, are reawakening as BTC comfortably trades several thousand dollars above six figures. On Saturday, for instance, bitcoin exchanged hands within the range of $102,214 to $104,839 per coin. On Friday, a wallet originally established on April 13, 2015, executed its first transaction in nearly nine years and nine months,…
Zilliqa 2.0 introduces cutting-edge scalability, with EVM support and cross-chain integration boosting DeFi adoption. Partnerships like Emurgo and Brillion strengthen Zilliqa’s ecosystem, connecting blockchains and enhancing real-world asset tokenization. Zilliqa’s latest advancements in blockchain technology and collaborations are laying the groundwork for the next wave of Web3 expansion. Already operational and remarkably performing, the prototype for Zilliqa 2.0 shows promise to transform blockchain scalability. Zilliqa is approaching a turning point for performance and adoption as the mainnet launch is just about here. 1/ The next wave of #Web3 growth is here, and Zilliqa is ready.$ZIL is the financial rails for…