Author: NBTC

Tether invests billions in mining with 15+ global sites, aiming to become the biggest Bitcoin miner by year-end to protect its BTC-backed reserves. GENIUS Act forces Tether to comply with new U.S. rules or exit the market; a U.S.-based stablecoin is in the works to meet regulatory demands. Tether, the issuer of the world’s largest stablecoin USDT, is gearing up for a dramatic shift in strategy. While regulatory pressure builds under the newly passed GENIUS Act in the U.S., CEO Paolo Ardoino has revealed bold plans to make Tether the largest Bitcoin miner in the world by the end of…

After revealing that it had added 4,710 Bitcoin (BTC) to its balance sheet, GameStop made headlines today. Given the current price of Bitcoin, GameStop’s holdings are worth about $513 million. Few details were included in the announcement, but enough impact was generated to get discussions going. Among the first to offer an opinion was Anthony Pompliano, a longtime Bitcoin advocate and investor. In his view, the move will likely spark a wave of interest among retail traders, especially given GameStop’s unique position on the market. Momentum tends to build quickly with this type of news, he noted, especially with a…

AMINA Bank, based in crypto-friendly Switzerland, has announced that it has launched custody and trading services for Ripple’s newly launched US dollar-pegged stablecoin RLUSD. Swiss Bank AMINA Launches Custody and Trading Services for Ripple’s RLUSD Stablecoin The bank also stated that it has achieved the title of being the first global bank to support RLUSD. According to the bank’s statement today, this new service is initially aimed at institutional clients and professional investors seeking regulatory compliance. AMINA plans to further expand its RLUSD-based services in the coming months. Based in Zug and licensed by the Swiss financial regulator FINMA, AMINA…

Cardano founder Charles Hoskinson shares his vision to foster mutually beneficial synergies with the Bitcoin and XRP Ledger ecosystems. During a recent conversation with Sam North, a market analyst at eToro, the Cardano founder revealed how he intends to solve some ‘big problems’ in the XRP Ledger (XRPL) and Bitcoin (BTC) ecosystems. He noted that while Ripple has a large ecosystem with sufficient funds, the XRP Ledger, which powers most of the company’s technological solutions, still has some limitations revolving around smart contract functionality. The Cardano founder noted that these limitations have hindered developers from doing much on XRPL. However,…

The cryptocurrency world was abuzz recently following a colossal USDC transfer that caught the attention of market observers. On [Insert Date if known, otherwise keep it general as ‘recently’], Whale Alert, a prominent blockchain tracking service, reported a staggering movement: 440,814,247 USDC, valued at approximately $441 million, was shifted from the Binance exchange to an unknown wallet. This massive transaction immediately ignited discussions and speculation across the crypto community, prompting questions about its purpose and potential implications for the broader market. Understanding the Massive USDC Transfer When such a substantial amount of stablecoin moves, especially from a major exchange like…

A famous crypto analyst on X considers the Smart Dollar Cost Averaging (DCA) technique as a highly effective way to profit during the current Bitcoin (BTC) bull market. In his latest post, this analyst laid out how every DCA trigger in this BTC cycle has resulted in positive ROI, going all the way back to the bear cycle bottom of $16,000. In a bull market environment, the Smart DCA (Dollar-Cost Averaging) concept delivers impressive results: all four buy triggers of the current cycle have produced a positive ROI. The toughest was Trigger #1 – the bear-cycle bottom at $16K. To…

The world of digital assets is constantly evolving, and leading platforms are always looking for ways to enhance user experience and expand their reach. A significant development recently emerged with the news that OpenSea, the dominant NFT marketplace, has acquired Rally Wallet. This strategic move, reported by Unfolded on X, signals OpenSea’s aggressive push to bolster its capabilities in both mobile trading and broader token trading, aiming to create a more seamless and comprehensive experience for its vast user base. OpenSea’s Strategic Leap: Why Rally Wallet? OpenSea has long stood as the undisputed leader in the non-fungible token (NFT) space,…

A new bank backed by Anduril’s Palmer Luckey and 8VC’s Joe Lonsdale could become crypto’s next big lifeline in the U.S. following the fall of Silicon Valley Bank. Table of Contents Why SVB mattered to crypto What happened after SVB fell Enter Erebor What this means for crypto A group of well-known tech investors is launching a new U.S. bank called Erebor, aiming to fill a void left by Silicon Valley Bank, especially for start-ups and crypto companies that have struggled to find the same kind of support since SVB collapsed in 2023. According to a Financial Times report, the…

XRP community researcher “SMQKE” has uncovered what they describe as direct evidence from Ripple’s and R3 Corda’s codebases, confirming XRP’s compatibility with ISO 20022. The post also emphasized XRP’s potential to integrate seamlessly with the SWIFT network. Notably, in the screenshot from RippleNet’s JSON schema, the term “ISO20022 ExternalClearingSystemIdentificationCode List” is explicitly referenced under the “externalClearingSystem” definition. SMQKE interpreted this as confirmation that Ripple’s architecture aligns with ISO 20022 standards, the global messaging format that governs financial data exchange across SWIFT and other major payment systems. The prevailing view is that by structuring its schema around ISO 20022 identifiers, Ripple…

USD1 trading pairs launched on SUN.io, surpassing $3.3B in daily trading volume. WLFI token’s tradability proposal is now active, opening access to broader governance. Bybit may soon list USD1 and WLFI, expanding exposure across centralized markets. The World Liberty Financial (WLFI) has released its stablecoin USD1 on the Tron blockchain, which is a significant move in growing its decentralized financial platform. The announcement was made by Tron founder Justin Sun, declaring that the USD1 trading pairs are now active on SUN.io. This milestone aligns with the governance vote to unlock WLFI tokens and make the tokens transferable, which preconditions a…