Author: NBTC

Following the recent XRP tweets by Velo Labs, an analyst has explored some of the possible developments that could be in the pipeline. Ripple seeks to expand its services across different platforms and countries as it recently announced a partnership with Mercado Bitcoin. Web3 platform Velo Labs has, on multiple occasions, mentioned the incredible use cases of XRP and the XRP Ledger on its X handle. Fascinatingly, this has sparked speculations of a possible partnership, while a section of the XRP community finds this as a mere engagement strategy. [Speculation] Something interesting happening with Velo & #XRP? Over the past…

As 2024 draws to a close, one of the most closely followed legal battles in the cryptocurrency world has continued to keep everyone on the edge, leaving a mark on Ripple Labs and the entire crypto industry. The SEC’s lawsuit against Ripple, alleging that the cryptocurrency XRP is an unregistered security, has been a long saga filled with twists, turns, and dramatic courtroom showdowns. Let’s look back at the major milestones of this battle, and where things stand heading into 2025. The SEC’s Bold Move: XRP Declared an Unregistered Security In late 2020, the U.S. Securities and Exchange Commission (SEC)…

UneMeta proudly announces its strategic partnership with Bitgert. This collaboration aims to push the boundaries of innovation and deliver immense value to the communities of both partners. UneMeta, a collaborative digital innovation, has announced its exciting partnership via its official X account. The other partner, Bitgert, is a rapidly evolving project in cryptocurrency that is known for its gas-fee-free blockchain along with cutting-edge solutions. 🎉We’re thrilled to announce an official partnership with @bitgertbrise!🌟Bitgert is a rapidly expanding crypto project that boasts a gas fee-free blockchain, CEX and a lot more!💪This collaboration is all about pushing the boundaries of innovation and…

Ethereum’s price has failed to make its way toward a new record high and is currently experiencing bearish price action, leaving market participants worried that the bull run might be over. The asset now remains below $3,500, which has turned into a key resistance line. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has entered a bullish phase since the beginning of November after rebounding from the $2,300 support level. However, the $4,000 resistance zone has rejected the market to the downside, with the $3,500 level also being lost. Currently, it is likely…

UAE-based Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, has secured a $100 million Bitcoin-backed credit facility. The project was also recently accepted into Qatar’s Digital Assets Lab. As per the press release, the credit facility will further enhance Allo’s BTC-backed lending services, catering to institutional and individual participants eager to engage in the growing crypto lending market. Allo has staked over 544 BTC (valued at $50M+) through the Babylon Bitcoin Staking protocol to bolster its position in the Bitcoin ecosystem. As such, it is considered a key player in enabling Bitcoin-secured networks, with its BTC staking solution…

Pump.fun, a social media favourite platform for creating memecoins, is facing a sharp downturn. Daily token creations have nosedived from a peak of 69,000 to just 33,000, while active users have plummeted by 38%, dropping from 261,000 to 161,000. As per local reports, these declines follow a string of controversies and a significant setback: the UK’s Financial Conduct Authority banned the platform, citing regulatory concerns. The platform, popular for its easy token creation process, became notorious for its lack of oversight. Users could remain anonymous, leading to problematic and offensive content, including racist tokens and even staged stunts like a…

The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks Authorities in Botswana consider both the virtual assets market and cyber risks arising from financial technology (fintech) to be relatively undeveloped, posing minimal threats to financial stability at present. However, the Financial Stability Council’s October 2024 report warns that these risks could increase as technological innovation advances within the fintech sector. In fact, the report identifies risks associated with a growing fintech sector as one of the top five…

According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years. At the current price of $94,410.82, 295.3 Bitcoins (BTC) stand at roughly $27.8 million. Yujin explained that some of the BTC sold in the recent dip are likely from the funds raised around the time of Cosmos’ Initial Coin Offering in 2017 when the project received high-value contributions in BTC and Ethereum (ETH). 时隔近 2 年后，Cosmos Network 开发商转出了 295.3 枚 ($27.7M) 他们在 2017 年通过 ICO 募集的 BTC。https://t.co/dPDd6vMAKB他们在今年一共转出/出售了 2.16 万枚 ETH 和 295.3 枚 BTC，价值 $7867…

In a major development, Caduceus has announced its new partnership with Fizen. Fizen, based in Hong Kong, is established by a high skilled and dedicated team that has built a highly secure platform. The purpose of this collaboration is to enhance liquidity and connect over 100 blockchains, bridges, and DEXs. Caduceus posted this news to its official X account formerly know Twitter. 🤝 @Caduceus_CAD is excited to announce our partnership with @fizenapp !👏 #Fizen is established in the global financial hub Hong Kong, and built by the most dedicated and skillful team with the highest security standards.✨ Together, we will…

Renowned crypto investor James Fickel has intensified efforts to reduce his long-standing ETH/BTC position as the pair hit its lowest levels since April 2021. Facing substantial losses, Fickel has engaged in a series of high-value swaps and transactions aimed at mitigating his exposure to the declining ETH/BTC rate. James Fickel (@jamesfickel) swapped another 6,500 $ETH ($22.4M) for 235.6 $WBTC ~3 hours ago to reduce his ETH/BTC long position!He still holds a debt of 575.29 $WBTC ($54.2M) on #Aave and has lost ~22K $ETH (now worth $74.3M) by going long on the ETH/BTC rate.Follow… https://t.co/yv8yuQ5WWB pic.twitter.com/UHY2CLnwdZ — Spot On Chain (@spotonchain)…