Author: NBTC
Crypto venture capital arm of HashKey has announced its strategic investment in Pluto Studio, the publishing platform behind Telegram-based game Catizen.AI. HashKey Capital, the venture capital branch of Hong Kong-based crypto company HashKey, has supported Pluto Studio, the publishing platform behind the Telegram-based game Catizen.AI, with a “strategic investment” in a bid to deeper its presence in the gamefi sector. In a Jul. 30 press release, the Hong Kong-headquartered VC firm said that following the funding, HashKey Group will also be announcing a “coming up partnership with Catizen to further amplify the awareness of TON Mini-Game,” though specific details regarding…
Floki has emerged as the top play-to-earn (P2E) crypto asset by market cap, surpassing Axie Infinity, The Sandbox, Decentraland, and Gala. Floki has officially taken the top spot as the world’s leading play-to-earn crypto, according to CoinMarketCap. Surpassing established players like Axie Infinity (AXS), The Sandbox (SAND), Decentraland (MANA), and Gala (GALA), FLOKI is reportedly cementing its position in the market. $FLOKI is now the world’s biggest ‘Play to Earn’ cryptocurrency! 🏆 Floki is officially the world’s biggest #PlayToEarn cryptocurrency according to @CoinMarketCap, surpassing established players like $AXS, $SAND, $MANA, and $GALA. This is coming as #Valhalla, Floki’s NFT… pic.twitter.com/eh2dcBbM2m…
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants in order to tailor these rules to local needs. Central Bank of Brazil Projects Finalizing Crypto Market Regulation By 2025 Brazil is getting closer to finalizing regulation regarding virtual asset service providers (VASPs) and their interaction with crypto. The institution aims to have a complete VASP regulation by early 2025, according to Nagel Paulino, head of the Central…
TunaChain, the earliest modular L2 on Bitcoin, has recently announced a new partnership. TunaChain’s exclusive collaboration with XLink focuses on improving security, efficiency, and transparency in the supply chain realm. The platform disclosed the respective initiative on its official X account. 🚀 Exciting news! TunaChain is partnering with @XLinkbtc to revolutionize supply chain management with advanced cross-chain technology. This collaboration leverages XLink’s advanced cross-chain technology, integrating it with TunaChain’s platform for improved tracking and… pic.twitter.com/fUNEYhd309 — TunaChain (@TunaChain) July 30, 2024 TunaChain Commences a New Collaboration with XLink In its new X post, the company expressed its enthusiasm about this…
A critical week has begun for spot Ethereum ETFs, which received approval from the SEC in May. Many top analysts predict that ETH ETFs could begin trading on July 4. While expectations for ETFs increased, the leading cryptocurrency Bitcoin started the week positively, rising after the test below the $ 60,000 support level last week. While spot BTC ETF inflows were also effective in BTC rising above $ 63,000, a new evaluation came from QCP Capital analysts. Stating that Bitcoin continues to recover with a net inflow of $ 73 million seen in spot ETF inflows last Friday, analysts said…
Ethereum price consolidated above the $3,400 territory on July 24, as the newly-launched ETF recorded $1 billion inflows on the first day of trading in the US, technical indicators highlight how ETH could react. Ethereum Holds $3,400 Support Amid Sell-the-New Pressure On July 23, 2024, Ethereum ETFs began trading officially across US-regulated derivatives markets and exchanges. Ahead of the landmark event, many speculative traders took a cautious position on ETH, wary that investors looking to sell-in-the euphoria could trigger massive downswings. However, after the first day of Ethereum ETFs trading, the daily ETH/USD price chart flashes mixed signals. Ethereum Price…
Crypto custodian Zodia Custody has teamed up with crypto exchange Deribit, enabling institutional clients to access market derivatives liquidity while retaining their assets in segregated cold wallets. Zodia Custody, a crypto custody provider backed by Standard Chartered, has unveiled a partnership agreement with crypto options exchange Deribit in a push to expand the list of its Interchange network members. In a July 30 announcement, Zodia said that under the agreement, it would integrate Deribit into its Interchange network, an off-venue settlement solution for institutional and high-volume traders. Zodia Custody’s chief commercial officer James Harris said in the announcement that the…
XRP is experiencing renewed attention as the SEC reschedules a closed meeting for July 25, fueling speculation and price movements. The meeting, recently confirmed on the SEC’s website, has sparked rumors of potential settlement discussions with Ripple. But first thing first. The second month of summer saw XRP’s price surge over 50%, reaching heights not seen since early April. The rally was partially driven by optimism around regulatory clarity following last July’s court ruling that XRP is not a security. However, the excitement grew further when a closed SEC meeting appeared on the regulator’s website, suggesting possible resolution talks with…
Ethereum’s price did not rise in tandem with the excitement and $1.112 billion in trading volume that occurred in the first few days. Strong investor interest was there from the $106 million net inflow, as well as impressive numbers from ETFs like Bitwise’s ETHW ($204 million) and BlackRock’s ETHA ($266.5 million). But the market was also under strong selling pressure thanks to the $590 million net inflow that remained after subtracting withdrawals from Grayscale’s ETHE. This sudden change in price was caused by a number of factors. To begin with, there was a chance that a buy-the-rumor, sell-the-news situation resulted…
The Bank of England said it plans to carry out a series of experiments on a wholesale central bank digital currency and distributed ledger technology. It will also experiment to ensure that the “singleness of money” is maintained with stablecoins and tokenized deposits. The Bank of England said it’s planning a series of experiments with distributed ledger technology (DLT) and wholesale central bank digital currencies (wCBDC) to keep abreast of changes in the payments landscape and assess the opportunities and risks of developments in financial technology. The rise of cryptocurrencies and the DLT that underpins them has prompted central banks…