Author: NBTC
Spot Bitcoin exchange-traded funds (ETFs) in the US are nearing a major milestone. They are set to become the biggest BTC holders in the world, even surpassing the amount held by Bitcoin’s creator, Satoshi Nakamoto. Additionally, they are catching up to gold ETFs in total net assets. Bitcoin ETFs on The Verge of Surpassing Satoshi Nakamoto’s BTC Stash Since their launch in January, US spot Bitcoin ETFs have grown significantly. According to crypto analyst HODL15Capital, these funds now hold about 1.081 million Bitcoin, just below Nakamoto’s estimated 1.1 million. Satoshi Nakamoto, the anonymous creator of Bitcoin, is believed to own…
OKX, a leading cryptocurrency exchange, has announced the listing of Jambo (J) on its platform. The trading schedule and related details are as follows: OKX Announces Listing of Jambo (J) for Spot Trading Process Program Spot Trading for J/USDT: January 22, 2025, 19:00 Withdrawal Opening for J/USDT January 23, 2025, 18:00 Spot Trading Risk Management OKX will implement the following measures in the first 5 minutes of trading to protect users from potential fluctuations in the first moments of trading: Market orders will not be allowed. Limit orders will be capped at a maximum value of $10,000. These restrictions will…
Cryptoquant CEO Ki Young Ju believes the current Bitcoin price surge will continue up to $141,000. Ju said it is too early to call Bitcoin’s recent rally a bubble because the market cap hasn’t increased significantly relative to cumulative on-chain capital inflows. https://twitter.com/ki_young_ju/status/1860527794805178800 In a recent post on X, Ju compared the current Bitcoin price prediction based on the realized cap with those of the last two bull cycles, showing more bullish potential this time before the cryptocurrency fulfills its potential. Using charts reflecting Bitcoin’s ceiling and floor prices, the analyst revealed the remaining momentum before Bitcoin could reach the…
Aave V3 is expanding to Aptos as its first blockchain outside the EVM ecosystem. According to the team, the protocol is coming to the Aptos testnet with a potential release on the mainnet. Aave founder Stani KULECHOV emphasized the utmost importance of the launch for global adoption of the protocol and to solve the problems of siloed liquidity. Instead of the familiar Solidity EVM language, Aptos uses Move and its associated virtual machine to execute smart contracts. It champions a completely different approach to blockchain modularity and transaction parallelization. Alternative virtual machines are often cited as one of the hottest…
This is a segment from the Empire newsletter. To read full editions, subscribe. This is not a happy story. But I can’t get it out of my head. Earlier this month, it was reported that 21-year-old Alabama resident Berman Nowlin — convicted of wire fraud and money laundering charges over an NFT rug pull in 2022 — had died by suicide. A district court in Florida had ruled him guilty only three weeks earlier. He was due for sentencing later in January and faced a maximum sentence of five years in prison. The rug pull in question referred to a…
Crypto exchange Gemini has appointed a new senior management team in Europe and plans to significantly expand its footprint in the region in 2025, the company said in a press release on Thursday. Mark Jennings has joined the company as its new head of Europe and Daniel Slutzkin has been appointed head of the U.K., Gemini said. Jennings was previously employed by rival exchange Kraken as its COO for European operations. Slutzkin joins from U.K. broker Stake. Vijay Selvam has assumed the role of international general counsel, and will be based in the U.K., the exchange said. Selvam relocated from…
Bitcoin rebounded this morning and briefly broke through $98,000 before dipping by 0.05%. Bitcoin(BTC) is currently trading at $97,903, and odds on BTC reaching $100,000 in November have also decreased in betting markets. Current Bitcoin Price The market cap for BTC also dropped by 0.05% to $1.94 trillion. The 24-hour market volume is now $52.14 billion after surging by 18.25%. The current market sentiment for Bitcoin is in sync with our Bitcoin Price Prediction trends, and it might even reach a maximum value of $99,917, by the end of the year 2024. Courtesy: Coinmarketcap When it comes to Bitcoin’s stature…
Mantle, the leading blockchain ecosystem powering Ethereum Layer 2 (L2) Mantle Network and Ether Liquid mETH staking protocol, has successfully integrated Ethena’s USDe and Mantle’s mETH on Compound, the leading DeFi lending protocol trusted by the community. This marks a significant step in Mantle’s mission to foster ecosystem synergies, driving widespread DeFi adoption and creating new opportunities for innovation in 2025 and beyond. The integration of USDe and mETH on Compound represents a major achievement for the Mantle ecosystem. USDe has gained significant traction, particularly on the Mantle network, with a TVL of $92.3 million. By bringing USDe to Compound,…
This week brings several major token generation events (TGEs) across diverse sectors, including decentralized finance (DeFi), gaming, liquidity marketplaces, and decentralized exchanges (DEXs). A TGE marks a significant milestone for cryptocurrency projects, involving the creation and distribution of tokens to investors, users, or the public. It often follows fundraising and product development, serving as a crucial step in launching a new token. Here’s an overview of the top TGEs to watch this week. Ink Finance (QUILL) Ink Finance, a DeFi engine designed for protocols, DAOs, and real-world assets (RWAs), has already made a strong impact. Following a $5 million private…
FV Bank is expanding its stablecoin offerings, adding PYUSD for USD integration and cross-border payments. FV Bank has enhanced its stablecoin services by integrating PayPal USD (PYUSD) into its digital banking platform. This addition enables account holders to receive PYUSD directly into their USD accounts, with real-time conversion to USD, simplifying global transactions. The feature is now available and allows customers to send PYUSD payments directly from their USD accounts without needing to mint the stablecoin or manage external wallets, according to a press release shared with crypto.news. FV Bank facilitates this through its real-time processing system, which converts USD…