Author: NBTC
HTX, a cryptocurrency exchange, recently published a rather cryptic post on their official X profile. The post read “Building Stronger 🤝 Together,” accompanied by a drawing of Justin Sun and Donald Trump sitting next to each other. The image also included references to the TronBull meme coin and SunPump, TRON’s first meme coin fair launch platform. HTX provided no further explanation, so we can only speculate what this means or could lead to in the future, especially in case this is a teaser for some kind of announcement. However, the hints are there since every item in the picture is…
Spiko, an investment technology company, has announced that its tokenized US and EU Treasury Bill money market funds will be migrated to Etherlink, a Layer-2 blockchain built on Tezos (XTZ) technology. The announcement marks another step in Spiko’s growing expansion campaign following integrations with other major blockchain networks, including Arbitrum One (ARB), Starknet (STRK), and Polygon (POL, formerly MATIC). Already known for its low transaction costs, censorship resistance, and near-instant block times, Etherlink is devoting significant resources to improving its decentralized finance (DeFi) ecosystem. Paul-Adrien Hyppolite, co-founder and CEO of Spiko, called Etherlink a “natural fit” for the company. With…
US spot Bitcoin ETFs raked in $908 million in net inflows on Friday, rebounding from Thursday’s $242 million outflow, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) netted $253 million, ending a three-day negative streak that saw $392 million in losses. The fund’s total net inflows recovered to $37 million, with holdings of 548,506 Bitcoin valued at $53.4 billion. Fidelity’s Bitcoin Fund (FBTC) led Friday’s gains with $357 million in net inflows—one of its strongest daily performances since launch. FBTC has accumulated over $12 billion in new investments as of January 3. The ARKB fund, managed by…
For the first time this month, Ethereum (ETH) has recorded a series of spot inflows, signaling renewed investor interest in the leading altcoin. This comes as the Chicago Board Options Exchange (CBOE) filed an application for a spot-staked Ethereum exchange-traded fund (ETF) on behalf of 21Shares. With a growing bullish bias toward the leading altcoin, it might be poised to commence an uptrend. CBOE Files for 21Shares Spot-Staked Ethereum ETF In a February 12 filing, CBOE submitted an application to the US Securities and Exchange Commission (SEC) on behalf of asset manager 21Shares to list a spot-staked Ethereum ETF. The…
Japanese financial services firm Monex Group Inc. reported a third-quarter net loss of ¥9.9 billion ($67 million), primarily due to one-time expenses related to its cryptocurrency subsidiary Coincheck’s Nasdaq listing, even as its core businesses showed strong performance. The company recorded ¥17.1 billion in one-time expenses related to Coincheck Group N.V.’s December listing, including ¥13.7 billion in share-based compensation expenses and ¥3.4 billion in professional fees. Excluding these costs, the company’s operational performance remained robust, driven by strong crypto trading volumes and steady brokerage revenues. Coincheck’s marketplace trading volume more than doubled to ¥245.6 billion in the quarter, reflecting broader…
Billy Markus, a software developer who collaborated with Jackson Palmer to create the original meme cryptocurrency Dogecoin in 2013, has taken to his X social media account to repost a video extract from a recent speech made in the US Senate by Senator Joni Ernst (IA) from the Republican Party. While making her point to the Senate, she used a picture of the famous Doge meme overtaking a city. On that canvas, Doge overtook Washington D.C. Markus shared his half-humoros and half-serious take on this Doge meme demonstration. Doge meme canvas makes it to US Senate meeting: “Doge is inevitable”…
Crypto exchange Kraken has opted to list a Solana blockchain version of a Coinbase Base blockchain asset. The irony of Solana offloading the processing of Coinbase’s supposedly ultra-scalable Base blockchain is funny enough on its own — not to mention the further irony of Kraken listing a Coinbase asset before Coinbase itself. The digital asset, Virtuals (VIRTUAL), is a metaverse token that’s best known for its 70% decline in price in the past four weeks. The token claims to be useful for a dizzying array of “metaverse infrastructure” like digital identity, ticketing, cross-world interoperability, NFT ownership, gaming transactions, and social…
Once one of the largest NFT marketplaces and a staunch supporter of Ethereum’s ERC-721 protocol, OpenSea has decided to go multi-blockchain, conduct an Initial Coin Offering (ICO)-style airdrop, and try to recoup losses from its 98% decline in trading volumes. In an announcement today, the exchange said it’s working on an airdrop of its new SEA tokens, reworking its website, and adding deeper support for over a dozen blockchains. OpenSea is also adding support for cross-blockchain NFT purchases, such as buying a Solana NFT using a non-Solana payment method. It’s also reducing its marketplace fees to 0.5% and swap fees…
Robert Kiyosaki, a renowned investor, entrepreneur, and the author of the popular classic book on finances “Rich Dad Poor Dad”, has delivered big news in his today’s X post. Kiyosaki believes that a “giant market crash” has arrived but he remains bullish on Bitcoin. Kiyosaki “so bullish on Bitcoin” as “giant market crash” arrives Kiyosaki stunned the community with a statement that the markets are experiencing a “giant crash”. His explanation for this situation is that the Fed Reserve, Treasury, banks, and Wall Street continue to print money and this “makes things worse.” He stated that when the aforementioned entities…
This is a segment from the Empire newsletter. To read full editions, subscribe. There’s endless shared trauma in crypto. But among the most common feels would be the kick to the guts that is buying a coin only to have it crash almost immediately. Buyers of ETH ETFs are going through it right now. They’re collectively down an estimated $1.16 billion on their capital to date, after contributing the bulk of their inflows when the price of ETH was closer to $3,300, or around 27% higher than it is right now. To be clear, the share prices of the ETFs…