Author: NBTC
It goes without saying that the integration of AI into decentralized finance (DeFi) is bound to significantly transform the financial landscape. While not directly related to the crypto industry, a recent graph shows just how much AI has grown in recent times. In fact, AI has become the fastest-adopted technology in human history, even outpacing the adoption rates of computers and the internet. What’s more, as AI models get better, the technology will continue to improve at a breathtaking speed. How Will AI Enhance the World of Decentralized Finance? So, how will combining AI’s analytical prowess with DeFi’s decentralized structure…
The share price of companies focused on the cryptocurrency industry shot up Monday amid a surge in digital assets and other risk-on investments. Strategy—formerly known as MicroStrategy—closed up by more than 10%, trading at $335.72 a share, Nasdaq data shows. The software company, which trades under ‘MSTR’ ticker, is the largest corporate holder of Bitcoin. On Monday, it announced that it had surpassed more than 500,000 bitcoin in its holdings after its latest purchase. Tysons, Virginia-based MSTR said it now holds 506,137 Bitcoin valued at $44.2 billion, according to a press release. The company has been selling stock to fund…
The official marketing lead of the SHIB team known to the meme coin’s community under the pseudonym Lucie has published two consecutive tweets to deliver two important “crypto truths” to the SHIB army. Basically, she has issued a major warning by speaking one of them as she addressed young cryptocurrency projects that have just entered the market. This took place as SHIB has been surpassed by Litecoin and Toncoin in terms of market capitalization value. Now, the second biggest meme cryptocurrency occupies the 17th position on CoinMarketCap with a capitalization of $9.4 billion. “Unspoken crypto truth” Lucie started with a…
Since the beginning of February, Bitcoin has had difficulty stabilizing above the $100,000 mark. Donald Trump’s tariff wars have triggered significant market volatility, keeping traders on edge. However, despite these headwinds, a key group of coin holders—those with no recorded history of selling—have intensified their accumulation. This signals a strong conviction in the asset’s long-term prospects. Bitcoin Long-Term Holders Remain Resilient Data from the on-chain analytics platform CryptoQuant shows a spike in Bitcoin’s Permanent Holder Demand. According to the data provider, Bitcoin’s permanent holders consist of owners who primarily accumulate the coin over time and never engage in spending transactions,…
The market value of tokenized U.S. Treasuries this week surpassed the $5 billion for the first time, rwa.xyz data shows, as demand for blockchain-based real-world assets (RWAs) accelerates. The asset class grew by $1 billion through just two weeks, led by inflows into asset management giant BlackRock’s and digital asset firm Securitize’s market leading BUIDL. Tokenized Treasury products’ market cap as of March 25 (rwa.xyz) Crypto tokens backed by U.S. Treasuries are at the forefront of the tokenization trend, which have captivated a host of global financial behemoths and digital asset firms. Fidelity Investments is the latest large U.S. asset…
With the United States under President Trump already stockpiling cryptocurrencies, Russia should also explore opportunities to use Bitcoin and the like, according to the head of a major Russian business lobby group. The official also sees asset-backed stablecoins as a means to potentially resurrect the gold standard. Alexander Shokhin, president of the Russian Union of Industrialists and Entrepreneurs (RSPP), is convinced that no government would like to see its sovereign rights as a money issuer challenged but recognizes the general consensus in Russia that crypto can be employed in cross-border payments. Business lobby group urges Russian government to consider using…
Napster, the brand that once sent the music industry into panic mode but then faded, was just acquired for $207 million. Infinite Reality is buying the streaming service to transform it into a platform where fans can hang out in virtual spaces, attend concerts, and buy merch directly from artists, the virtual reality startup announced. The deal is also the highest price tag yet for Napster, which has circulatedamong half a dozen companies, including Rovio to Algorand, since its controversial file-sharing days. Infinite Reality is betting big that music fans want more than just passive listening. “By acquiring Napster, we’re…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin’s all-time high of $100,000 at the end of last year was a fever dream. It was the peak of an epic bull run that was long-awaited, and since then, the US has considered a Bitcoin (BTC) federal reserve, and even pension funds are dabbling in the crypto space. Whilst this is good for Bitcoin as an asset, it highlights an urgent need for Bitcoin to do and be more for the growing world of people turning…
Stablecoin market capitalization has increased by 90% since late 2023, exceeding $230 billion. These digital tokens maintain a steady value by being backed by reserves. While their increasing use in international transactions strengthens the US dollar’s position as the dominant global currency, critics warn that stablecoins could also introduce systemic risks reminiscent of past financial crises. Stablecoins and the Risk of a New Financial Crisis During market turmoil, stablecoin holders may rush to redeem their tokens for cash, forcing issuers to sell rapidly off their reserve assets. This could create instability in financial markets. The same happened in 2008. Then,…
Receipts Depositary Corporation (RDC) has just dropped the news about XRP Depositary Receipts (XRP DRs), a new financial tool that lets investors get in on XRP action without directly owning the cryptocurrency. XRP DRs: Like ETFs, But for XRP Ownership Similar to Exchange Traded Funds (ETFs) and American Depository Receipts (ADRs), XRP DRs will give investors the chance to profit from XRP’s future gains but without actually holding the asset itself. This move is seen as a bridge between traditional finance and decentralized finance (DeFi), potentially opening up the crypto market to more institutional investors. Related: Crypto’s Going Mainstream Faster…