Author: NBTC
TL;DR 21X and Chainlink have formed a strategic alliance to launch a tokenized securities trading and settlement system in Europe, the first of its kind to be regulated by the European Union. The system will be based on Chainlink’s infrastructure to improve data quality and facilitate interoperability between blockchains. The launch is scheduled for the first quarter of 2025 under the supervision of BaFin, with the goal of promoting the adoption of tokenized assets. 21X has announced a strategic partnership with Chainlink as part of preparations for the launch of its tokenized securities trading and settlement system in Europe, the…
Senator Ted Cruz wants Texas to be a hub spot for Bitcoin and crypto, using the state’s resources and focus on freedom. He supports crypto-friendly laws and sees Bitcoin as a tool for freedom. Cruz believes Texas can lead in the crypto world with the right policies. “I am a strong advocate for Bitcoin and cryptocurrency in the U.S. Senate,” Cruz said. My goal is to make Texas a hub for Bitcoin, and we’re already seeing many companies move to the state and creating new jobs in the cryptocurrency industry, Cruz tweeted. Texas Senator Ted Cruz’s aim for Texas to…
The XRP cryptocurrency recently hit yet another multi-year high of $2.79, according to CoinGecko data. Ripple CEO Brad Garlinghouse has succinctly commented on the breathtaking rally in a recent social media post, wishing the community good morning. gm XRP family😀 — Brad Garlinghouse (@bgarlinghouse) December 2, 2024 Earlier, Garlinghouse also commented that Gensler’s departure would make “all the boats rise.” Sonala co-founder Anatoly Yakovenko recently opined that Ripple’s win against the SEC was “the fatal wound” in the SEC’s “lawfare” against crypto. Stuart Alderoty, Ripple’s chief legal officer, also pinned the blame on Gensler, arguing that crypto prices were “artificially…
Bitcoin price is consolidating below the $100,000 resistance. BTC bulls might soon attempt to breach the stated milestone and push the price further higher. Bitcoin started a fresh increase above the $96,500 zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $98,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if it clears the $98,000 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price remained supported above the $92,500 level. BTC formed a base…
The real-world asset landscape keeps gaining traction across the crypto sector, offering solid use cases concerning blockchain technology. As per Phoenix Group, a prominent on-chain analytics platform, $OM, $PENDLE, $ONDO, and $POLYX lead the RWA market in line with weekly trading volume, signifying resilient activity and price changes. The analytics provider shared the list of these projects on social media. TOP #RWA TOKENS BY WEEKLY TRADING VOLUME$OM $ONDO $PENDLE $POLYX $LUMIA $PRCL $PEAQ $CTC $HIFI $TRU $HPO $USUAL $CHR $DUSK $TOKEN pic.twitter.com/InVvA22xBk — PHOENIX – Crypto News & Analytics (@pnxgrp) December 1, 2024 $OM Dominates the Prominent RWA Tokens in…
Since it launched Rebased, IOTA has been attracting massive interest, with market experts stating that the new network architecture will make it the hotspot for tokenization of real-world assets. The upgrade allows IOTA to get the best of MoveVM and EVM into its Layer 1 network, making it the first “dual smart contract ecosystem.” When IOTA announced Rebased two weeks ago as the advancement of its groundbreaking technology, the blockchain industry took notice. However, according to one community member, the impact that this upgrade will have on IOTA and the entire sector is unprecedented. The current bull market has revived…
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has shared yet another outlandish price prediction with his 2.6 million followers. This time around, he claims that artificial intelligence (AI) forecasted that the price of Bitcoin might skyrocket to the $500,000 level in 2025. Kiyosaki did not specify what large language model (LLM) he used for making this uber-bullish prediction. The predictions made by the writer behind one of the most famous personal finance books tend to be all over the place. Hence, they should be taken with a huge grain of salt. Earlier this month, for instance, he claimed…
Cryptocurrency analytics firm Messari has published an in-depth report on Ripple (XRP) following the coin’s recent rally. The report outlines key developments in XRP Ledger (XRPL), including advancements in smart contracts, stablecoin integration, and network activity trends. Smart Contract Integration: Ripple and the broader XRP community have announced plans to offer native smart contracts on XRPL through the upcoming XLS proposal. Stablecoin Launches: Ripple announced that its USD-pegged stablecoin RLUSD is in private beta on both XRPL and Ethereum. Native Lending Protocol: Development is underway for a lending protocol on XRPL. Users will be able to lend and borrow assets…
The US banking sector has suffered unrealized losses worth a monumental $515 billion as 2024 nears end, sparking a bullish narrative in the digital asset space, which often thrives on the failure of the traditional banking sector. Bitcoin (BTC) and altcoins have capitalized on the ongoing challenges in the traditional banking system, strengthening their appeal as alternatives. Notably, the losses, though lower than previous quarters, peaked at over $600 billion earlier this year, according to data shared by Barchart, a trading platform. Federal Reserve rate hikes have been a primary driver of these losses, devaluing bonds and fixed-income assets held…
Justin Bons, founder and CIO of Cyber Capital, has sparked intense discussions within the crypto community by accusing Ripple’s XRP of misleading investors regarding its decentralization. Bons shared a detailed 25-point thread on Twitter, outlining his concerns about XRP’s architecture and the claims made by its executives. Justin Bons’ Fiery Take on XRP Bons began by asserting that Ripple is “centralized and permissioned,” directly challenging statements from the firm’s leadership. He stated, “XRP is misleading investors by lying about its decentralization. The foundation has total control over the network!” Bons argued that attracting retail buyers with such claims amounts to…