Author: NBTC
The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain tokens are treated akin to equity holdings. The updated manual, published on March 20, marks the first time the IMF has integrated detailed guidance for digital assets into its global statistical standards. Crypto without liabilities The framework divides digital assets into fungible and nonfungible tokens, with further distinctions based on whether they have a corresponding…
Stuart Alderoty, Ripple’s top legal mind, recently told CNBC that the fight for “clear” and “fair” crypto regulation would continue after the company’s resounding victory against the U.S. Securities and Exchange Commission (SEC). He added that Ripple would continue to spearhead it. Earlier this week, Ripple announced that the SEC would abandon its controversial appeal against the company. This came after the agency also dropped several high-profile cases against such heavyweights as Coinbase and Kraken amid its aggressive push to stop crypto enforcement. Notably, the enterprise blockchain company is yet to withdraw its cross-appeal. It is unclear whether Ripple would…
Ethereum (ETH) is once again trading above the $2,000 mark after several days of struggle, offering a glimmer of hope for investors looking for a recovery. The second-largest cryptocurrency has faced intense selling pressure in recent weeks, losing over 38% of its value since late February. Panic spread through the market when ETH broke below the key $2,000 level and later plunged under $1,800 — a move that signaled weakness and raised fears of a deeper correction. Despite the volatility, market sentiment is beginning to shift. Some investors now believe that the worst may be behind Ethereum, and a slow…
Ethereum scaling solution Soneium has integrated interoperability framework Hyperlane, enabling its developers to build cross-chain dApps and token bridges. Hyperlane has launched on Soneium (SONY), an Ethereum (ETH) layer-2 blockchain founded by Sony Group Corporation and Startale. Hyperlane is live on @Soneium!Developers on Soneium can now build interchain apps and token bridges that connect across 140+ chains!Expansion. https://t.co/xp3DXAum0B pic.twitter.com/hEBQgJMyEm — Hyperlane ⏩ (@hyperlane) March 25, 2025 The integration with Hyperlane is instrumental for Soneium’s goal of empowering its developers with third-party tools that facilitate building and launching dApps. With Hyperlane’s cross-chain interoperability, developers on Soneium will be able to create…
Metaplanet has just announced its full-year 2024 financial results, revealing impressive plans for the future. The company intends to acquire 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. To fund this, Metaplanet will issue 21 million shares in moving strike warrants. This ambitious strategy marks a significant milestone for both the company and the Bitcoin world. But it’s not just the Bitcoin acquisitions that have caught attention. Metaplanet is also rebranding its Hotel Royal Oak Gotanda into something unique—“The Bitcoin Hotel.” This Bitcoin-focused accommodation will cater not only to existing guests but also…
Not much is going on in the cryptocurrency market, especially with the price of the Shiba Inu (SHIB) token, lately. It has been a week since the largest liquidation event in the history of the digital asset market, and the SHIB price seems to be stuck in a tight range between $0.000017 and $0.00001475, neither rising nor testing local lows. However, the lack of action on the price chart does not mean that there is nothing going on at all, as most of the activity takes place “behind the scenes,” in the on-chain realm. Thus, as became known thanks to…
Ethereum price remained supported above the $1,980 level. ETH is now rising and might aim for a move above the $2,050 resistance. Ethereum corrected lower and tested the $1,980 support level. The price is trading below $2,040 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,050 and $2,100 resistance levels to start a decent increase. Ethereum Price Faces Resistance Ethereum price failed to continue higher above $2,100 and corrected some gains, like Bitcoin. ETH declined…
BitGo, a prominent platform offering digital asset custody and security solutions, has included support for the Aptos Digital Asset Standard. By supporting Aptos Digital Asset Standard, BitGo now permits institutions to manage and store Aptos-based assets in a secure manner. The platform revealed this development on its official account on X. BitGo now supports custody for assets built on the @Aptos Digital Asset Standard — including APT, USDC, & USDT.Institutions can securely manage Aptos-based assets with trusted, regulated custody and industry-leading security.More chains. More confidence.Explore the Aptos… pic.twitter.com/WLxZYjhnfl — BitGo (@BitGo) March 24, 2025 BitGo Supports Aptos Digital Asset Standard…
A large amount of long-dormant Bitcoin has just moved for the first time in years, triggering speculation about a potential market impact. CryptoQuant analyst Dan disclosed this in a commentary today, citing the Bitcoin Spent Output Age Bands metric. Data confirms that the whales transferred around 14,000 BTC, worth over $1.3 billion, after remaining inactive for 7 to 10 years. This kind of movement often triggers reactions from market participants. However, Dan stressed that the fact that whales did not immediately deposit the coins on exchanges suggests they do not mean to immediately sell them off. 14,000 Bitcoins Moved After…
OpenAI CEO Sam Altman is encouraging Gen Z students to embrace artificial intelligence (AI) as a key career skill, arguing that AI proficiency is now more valuable than traditional coding. In response to an inquiry on professional orientation for all Gen Z high school graduates this year, Altman responded that studying AI tools is essential to succeed at work now. He argued that AI rapidly transforms work, and studying those skills makes sense. Altman drew an analogy by stating that during his high school days, when he studied how to program, it was the most stable route to decent-paying jobs.…