Author: NBTC

Major U.S. cryptocurrency exchange Coinbase recently saw a large outflow of popular meme-inspired cryptocurrency Shiba Inu (SHIB). In the last four days, about 169.63 billion SHIB left the exchange’s hot wallet. This is worth about $2.5 million at current Shiba Inu coin prices. The recipient wallet is “0x8a26,” which has no previous transaction history. The withdrawal took place in four tranches, the last of which happened about 19 hours ago and was the largest, with 62.783 billion SHIB leaving Coinbase. Such withdrawals from centralized crypto platforms are perceived by the public as the act of a large investor buying coins…

As bitcoin’s (BTC) price wilts, traders on crypto exchange Bitfinex are living up to their reputation of being dip buyers, offering some hope to battered crypto bulls given their track record of predicting market peaks and troughs. The number of bitcoin bought on Bitfinex with borrowed cash, a bet that the BTC price will rise and leave the investor with a profit once they’ve repaid the loan, has risen to more than 60,000 BTC from 50,773 this month. It’s jumped 2% in the past 24 hours alone, according to data from Coinglass and TradingView. The increase in so-called margin long…

Singularity Finance has announced a strategic partnership with ApeBond, a decentralized bonding solutions provider, to enhance liquidity within its ecosystem. The collaboration will integrate ApeBond’s bonding mechanisms, aiming to create a more sustainable and community-driven financial infrastructure. ApeBond’s bonding model focuses on long-term liquidity, reducing reliance on short-term incentives. Amaury Dalleur, Head of Incubation for Singularity Finance, stated: We are pleased to welcome ApeBond to the Singularity Finance ecosystem. Their innovative approach to liquidity bonding aligns perfectly with our vision for long-term financial sustainability. By integrating their bonding mechanisms, we are not only strengthening our liquidity infrastructure but also creating…

For decades, your investment portfolio has revolved around a key academic idea that hasn’t held up very well: efficient markets. There’s a direct line from the efficient markets theory of Eugene Fama in the 1960s to modern portfolio theory. It paved the way for index funds, a strategy that has not only weathered market cycles but also become the default for managing pensions and retirement accounts. As we step into a new era of digital finance, tokenized assets may offer a way to broaden our investment horizons in ways that traditional models have overlooked. The genesis of modern portfolio theory…

Grayscale has announced the rollout of an innovative Grayscale Optimism Trust. The new digital currency investment trust provides solutions that broaden and enhance the application of the Ethereum ecosystem. The Grayscale Optimism Trust allows investors to gain exposure to $OP, the governance token for the OP collective. Optimism aims to solve liquidity fragmentation through its OP tech stack.Learn more & see important disclosures: https://t.co/4YJjx6EFCp pic.twitter.com/GhopX7Wp8P — Grayscale (@Grayscale) December 27, 2024 Why launch this trust? The trust provides digital asset users with exposure to the Optimism protocol. It allows investors to invest in Optimism cryptocurrency, a native token for the…

Some withdrawals made by Turkish users from the cryptocurrency exchange Binance TR to their bank accounts appeared as rental income on the e-Government platform, causing confusion among users. According to some posts made on X, when users make withdrawals, even if they have lost money in cryptocurrency transactions, the withdrawals are seen as rental income in the system. The issue may have arisen from the fact that Binance TR may have made some withdrawals as “rent payments”. However, no official statement has yet been made from the exchange. Let us remind you that this issue concerns users of Binance TR,…

The price of Bitcoin (BTC) is still fluctuating like a roller coaster, raising concerns among traders and investors. Despite the current market situation, Bitcoin proponent and JAN3 CEO Samson Mow has renewed confidence in the coin’s prospects. Samson Mow calms investors Reacting on the social media platform X, Samson Mow said he is still bullish on the leading cryptocurrency: “I’m still bullish,” Mow wrote. His comments may have been a relief to worried Bitcoin traders and investors. Mow’s confidence in Bitcoin’s future trajectory hinges on the coin’s ability to fight against economic turbulence, like inflation. He also believes that Bitcoin…

Equadyne Finance has started the pre-sale of its native token, EQN, as part of its broader mission to simplify decentralized finance (DeFi) investing. The platform seeks to address key challenges in the sector, including complex onboarding, fragmented tools, and security concerns. One-Click DeFi Access: Equadyne Streamlines User Experience With the integration of EQN into its platform, Equadyne introduces a more streamlined user experience. A single email login grants users access to a dashboard that automatically connects their wallets and assets. This removes the need for manual transactions or private key management. It provides a seamless way for users to manage…

Japan may change its classification of digital assets from payment methods to financial products, a move that would increase regulatory oversight for issuers. The move is in response to an increasing number of investment scams in the country as the digital asset market has grown to roughly JPY 4.5 trillion (US$30.11 billion) in recent years. Japan’s financial regulator, the Financial Services Agency (FSA), proposes that the national government review the change by the middle of 2025. It would place digital (or “crypto”) assets under the Financial Instruments and Exchange Act, similar to company shares. Although there are technically already registration…

The cryptocurrency market is abuzz with speculation after Volatility Shares, an asset manager with a track record of innovation in the ETF space, filed for three new exchange-traded funds (ETFs) linked to Solana (SOL) futures contracts. This development signals a potential shift in the regulatory and investment landscape for digital assets, raising intriguing possibilities for Solana’s future. Breaking Down the Filing Volatility Shares’ filing is noteworthy for several reasons: CFTC Focus: The prospectus specifies that the ETFs will invest exclusively in futures contracts traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. However, no such Solana futures contracts currently exist on…