Author: NBTC
Amid the shifting regulatory landscape, crypto firms are expanding their US footprint and ramping up hiring across policy, compliance, and go-to-market roles. Companies looking to capitalize on US opportunities are hiring policy and compliance pros, as well as leaders focused on “go-to-market” strategies, recruiters told Blockworks. Wintermute became the latest to reveal a new US headquarters on Thursday. The crypto-focused trading firm’s New York office will focus on business development and partnerships, a spokesperson told Blockworks — with managing director David Micley leading those efforts. Ron Hammond, a former government relations director at Blockchain Association, is set to lead Wintermute’s…
Earlier this year, IOTA announced the introduction of the Business Innovation Program (BIP) as part of its plans to support organizations working on real-world solutions. On May 14, IOTA unveiled its first group of participants, consisting of three organizations that are already using the platform to solve global problems in the areas of digital identity, product data integrity, and sustainability. Orobo is one of the first three participants selected for the BIP. Orobo is building infrastructure that meets Europe’s future sustainability requirements. The company is known for its Digital Product Passport platform, which helps manufacturers track the entire lifecycle of…
TaskOn, a well-known platform devoted to the growth of Web3 community, has commenced a new partnership with Boikers, a rapidly advancing parody cryptocurrency game in the Web3 sector. The collaboration focuses on unlocking new avenues in interactive gaming, reward-led participation, and quest-based engagement. The platform disclosed this endeavor in a recent post shared on its official X account. We’re thrilled to announce our partnership with @BoinkersIO, the parody crypto game where players chase the absurd dream of farming $BOINK.Built by ACID Games, Boinkers is part of a growing empire of instant social games on superchat apps like Telegram, Discord, and…
⚈ Bitcoin network activity hits six-month high with over 925,000 active addresses, indicating rising investor interest⚈ Price consolidates between $96,160 support and $98,290 resistance, with potential breakout toward $100,000⚈ Market remains bullish with strong technicals and sentiment, though RSI signals slightly overbought conditions Bitcoin’s (BTC) network activity has reached a six-month high, a trend likely to support the asset’s ongoing push toward a six-figure valuation. Specifically, Bitcoin recorded 925,914 unique active addresses within 24 hours as of May 3, according to on-chain data shared by cryptocurrency analytics platform Glassnode. The data indicates that BTC price has steadily climbed from mid-April…
While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC$103,676.11 churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and data center firms such as Cipher Mining (CIFR), Hive Digital (HIVE), Hut 8 (HUT) and TeraWulf (WULF) booked 10%-20% gains on optimism about artificial intelligence (AI) computing demand, jolted by CoreWeave (CRWV) signing a $4 billion deal with ChatGPT-developer OpenAI. These firms are often seen as proxies for AI-linked infrastructure bets due to their data center assets. For its part, CoreWeave soared more than 26%. The rally extended to Galaxy Digital (GLXY), which rose…
Cboe has filed to launch a U.S. spot exchange-traded fund (ETF) offering staking exposure to Tron’s native currency TRX, betting its decentralized design and $25 billion market can meet the U.S. Securities and Exchange Commission’s (SEC) evolving crypto standards. Canary’s New ETF Bid: Track TRX With Built-In Staking Rewards Cboe BZX Exchange has filed a proposal with the SEC to list shares of the Canary Staked TRX ETF, a fund designed to hold Tron’s TRX cryptocurrency while generating staking rewards. The filing argues the $25 billion TRX market’s structure and the market’s surveillance measures sufficiently guard against manipulation, mirroring recent…
Bitcoin, the first and largest cryptocurrency by market valuation, might be currently consolidating around $95,000, but according to crypto analyst Michael van de Poppe, it has already accomplished a crucial technical task that sets the stage for its next all-time high. Van de Poppe identified the $87,000 level as a crucial level that Bitcoin needed to overcome to regain its bullish momentum. This level near the daily SMA 50, which has capped the Bitcoin price since early February, has now been convincingly broken, with Bitcoin rising higher. Since breaking through that level, Bitcoin has also flipped back into the range…
“There’s a famous saying that sometimes the enemy of your enemy is actually your best friend,” Eric Trump told the crowd at Consensus in Toronto, Canada. “That was the Trumps with the crypto community. And I think the banks made the biggest mistake of their lives.” The son of U.S. President Donald Trump and co-founder of bitcoin BTC$103,702.54 mining company American Bitcoin is also an adviser to World Liberty Financial (WLF), which recently launched a U.S. dollar-backed stablecoin, USD1, that has already reached $2 billion in market capitalization. Co-founders of WLF joined Trump on stage on Friday as they announced…
Cryptocurrency analysis company Alphractal analyzed the reasons why on-chain activity remained lower than expected despite the Bitcoin price hovering above $95,000. According to the company’s report, despite the optimistic atmosphere in the market, transaction volume and the number of active addresses remain at historically low levels. According to Alphractal’s findings, there are seven main reasons behind this situation: Price is driven by external factors rather than on-chain usage: The current price of Bitcoin is driven by external factors such as institutional capital inflows into spot ETFs rather than actual on-chain usage. Low volatility: Low volatility reduces the motivation of traders…
The US Securities and Exchange Commission (SEC) delayed the approval of a Polkadot ETF by 21Shares. The delay led to another drop in the market price of DOT. The US SEC announced another delay on the launch of a Polkadot ETF by 21 Shares. This is the last delay since April 25, when the review of the ETF was once again extended. The proposed fund was filed at the end of March and is relatively early in the approval process. The decision arrived just as the SEC delayed another proposed Solana (SOL) ETF. Additional statements are expected on the proposed…