Author: NBTC
Crypto trading in India is booming, with volumes hitting nearly $2 billion as small-city investors seek financial stability amid sluggish job and wage growth. Crypto trading volumes in India jumped to $1.9 billion in Q4 2024, more than doubling from the previous quarter, as smaller-city investors sought new income sources amid weak job growth and wages, Reuters reports. Tighter stock market regulations and growing curiosity about cryptocurrencies have pushed more traders toward crypto. Many young Indians, previously trading stocks and derivatives, now see digital assets as an alternative “especially with Trump becoming the U.S. president and the entire flavor of…
As the cryptocurrency industry matures and institutional adoption increases, digital assets, although still volatile, and slowly moving toward being more akin to traditional, buy-and-hold investments. One subsection of the industry, however, is still prone to incredible amounts of volatility, which can see relatively small investments turn into fortunes overnight — or even in the span of a couple of hours. The subsection in question is, to little surprise, meme coins. In one such instance, a savvy trader loaded up on millions of Kekius Maximus (KM), purchased for just a little over $4,000. Quite soon, the trade paid off — in…
Multiple Network, a Web3 privacy-boosting solution provider for AI, has collaborated with Rivalz Network, a prominent platform that builds infrastructure linking AI agents and services to real-world sources. The strategic collaboration underscores a crucial development to expand innovation in Web3 and AI sectors to enable seamless interoperability for the consumers. The platform took to social media to announce this partnership. 🌟 Strategic Partnership: Multiple Network x Rivalz Network 🌟We’re thrilled to announce our partnership with Rivalz Network (@Rivalz_AI)! 💫Rivalz Network is building the World Abstraction Layer, a cutting-edge infrastructure that simplifies the connection between AI… pic.twitter.com/USj7WpiDqR — Multiple Network (@MTP_Network)…
Eric Semler, chairman of Semler Scientific, has predicted that more companies will adopt the bitcoin standard, as not owning bitcoin will be considered “irresponsible.” Semler attributes the slow implementation of bitcoin as a reserve asset in public companies to the conservative approach of some institutions. Semler Scientific’s Eric Semler Predicts Bitcoin Adoption Will Keep Growing Among Public Companies The future of bitcoin as a reserve asset is bright, at least in the public institution sector. Eric Semler, chairman of Semler Scientific, one of the companies that has followed Microstrategy’s adoption of a bitcoin treasury strategy, has tried to explain the…
A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance (DeFi) activities are gaining traction, with projected volume expected to reach $2.8 million (51,561,720 rand) in 2025. The study named retail customers as the primary users of DeFi services, followed by small and medium-sized enterprises. In a Feb. 20 statement, the financial industry watchdog listed enhanced financial inclusion, increased transparency, and reduced transaction costs as some…
Ethereum has been facing increased selling pressure following the Bybit security breach on Friday, falling 5% in the past 24 hours to trade around $2,650. Concerns are growing among traders that further declines could be on the horizon as the market reacts to the effects of the hack. According to crypto derivatives expert Gordon Grant, investors are actively seeking protection against potential downside risks. Grant suggested that Bybit’s efforts to stabilize the market by buying ETH in response to the attack may have come to an end, increasing the likelihood that the stolen assets will be sold off, putting further…
President Donald Trump has come a long way in his attitude toward cryptocurrency since he rejected Bitcoin (BTC) in his first term. Indeed, the billionaire politician has not only become rhetorically friendly but has actively been involved with digital assets, launching several non-fungible token (NFT) collections and even a set of family-themed inauguration meme coins. Simultaneously, however, Trump — or someone in his team — appears relatively keen to swapping cryptocurrency for regular currency as the President’s balance has been, per the data Finbold retrieved from Arkham Intelligence on February 25, shrinking rapidly. Donald Trump’s digital assets portfolio became particularly…
Analyst and commentator Paul Barron has highlighted significant developments in the XRP Ledger (XRPL), suggesting that the network is on the verge of a major breakthrough. Barron referred to the recent surge in activity as a “perfect storm” for XRP and its underlying technology. According to Barron’s, trustlines on XRPL have seen a dramatic increase since December as more users begin to realize the network’s potential. Trustlines allow users to establish lending relationships on XRPL, and their growth is often seen as a sign of expanding adoption and usage. “In December, trustlines started to explode because people started to realize…
CDARI, a prominent decentralized shopping forum, has announced its exclusive partnership with Blazpay, an advanced AI-led crypto platform for trading, passive earning, and smart management. The partnership focuses on revolutionizing crypto interactions, merging the expertise of CDARI and Blazpay. 🚀 PARTNERSHIP ANNOUNCEMENT 🚀We’re thrilled to join forces with @blazpaylabs! 🤝✨Blazpay AI is revolutionizing crypto interactions with cutting-edge AI & seamless DeFi solutions, empowering a 1.2M+ strong community to:💱 AI-Swap: Find & execute the best exchange rates📊… pic.twitter.com/sfhMZLXQK6 — CDARI (@cdariofficial) February 22, 2025 As part of this collaboration, CDAI’s dynamic ecosystem will be combined with Blazpay’s cutting-edge technology. With this…
BitMEX co-founder Arthur Hayes is predicting Bitcoin (BTC) will hit an astronomical peak this market cycle. In a new interview with Anna Tutova, the CEO of Coinstelegram, Hayes says Bitcoin could hit seven figures in about a year or so due to a massive expansion of monetary supply from governments. “I believe we can get to $1 million end of the cycle – $1 million… because the amount of money that’s going to be printed is going to be absolutely insane as every government around the world does the same thing, which is print money to make my people feel…