Author: NBTC

XRP spikes 20% following Ripple’s announcement on the New York Department of Financial Services (NYDFS) approval for its RLUSD stablecoin. Brad Garlinghouse, the company’s CEO, first disclosed the development in a December 10 X post. This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first. — Brad Garlinghouse (@bgarlinghouse) December 10, 2024 Notably, the NYDFS finally approved the stablecoin for launch after months of consideration. Ripple has been pushing to secure the regulator’s greenlight over the past few months.…

Off the Grid has only been available for a couple months, but it’s by far the best crypto game of the year—and it’s not even really close. If we’re talking pure numbers, then Hamster Kombat blew most games out of the water by racking up 300 million players this summer. But the monotonous tap-to-earn mini app ultimately felt like a financialized gimmick thinly veiled as a game, and the resulting airdrop hardly justified the hype. As for Off the Grid, the game impressed both Web2 and Web3-native gamers by offering up a legitimately great competitive shooter that rivals other AAA…

As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset’s historical price movement signals a potential push toward a new all-time high. The maiden cryptocurrency has been trading within a clear channel-up formation throughout November 2024, echoing a similar bullish pattern seen in November 2023, according to cryptocurrency trading expert TradingShot. As per the analyst, despite resistance near the psychological $100,000 level, historical movements indicate that Bitcoin could break through soon, potentially reaching $140,000 by early 2025. A breakdown of Bitcoin’s chart reveals striking similarities between the lows of August 2024 and August 2023, when prices briefly dipped below…

A bold step forward has been taken from the Movement ecosystem as Halo announced its strategic partnership with Avitus. This alliance aims to revolutionize trading scalability and efficiency. It sets a new standard for innovation within the DeFi ecosystem. Halo, an innovator in the Movement ecosystem, has announced the partnership through its official X account. The other collaborator, Avitus, is a scalable DeFi trading platform. 🌟 Thrilled to Partner with @avituslabsxyz!Avitus brings the most liquid perpetual DEX to the Movement ecosystem, redefining trading efficiency and scalability. 🚀Together, we’re pushing boundaries on @movementlabsxyz! 💎 pic.twitter.com/c7Iy7ocOz0 — Halo | halo.social 😇 (@HaloDotSocial)…

Tech stocks are having their biggest year in decades, with 2024 turning into a profit carnival for companies tied to artificial intelligence and crypto. The Nasdaq exploded with a 33% jump, while other U.S. indices flexed double-digit gains. From AI-powered ad platforms to Bitcoin-fueled investments, the tech market has become the ultimate money machine, pumping out billion-dollar valuations like a broken faucet. Businesses are adopting at breakneck speed while the average consumer remains clueless about what AI even does. But nothing turbocharged the market quite like Donald Trump’s election victory, heavily bankrolled by crypto giants. With just four trading days…

Cardano founder Charles Hoskinson argues that the Midnight integration will make the Cardano ecosystem a multichain network. In a Tuesday tweet, Hoskinson insisted that the imminent mainnet launch of Midnight will boost the Cardano ecosystem’s prowess. He noted that Cardano would become a multichain network with the integration, allowing it to connect with other chains like Ethereum and Solana. Notably, Cardano’s sidechain Midnight is still in testnet. The team launched the testnet phase in early October, allowing developers globally to participate in the network’s evolution. For further context, Midnight leverages zero knowledge (zk) to provide a>Cardano Founder Teases BitcoinOS Rift…

The average price MicroStrategy (MSTR) paid for its bitcoin purchases has risen to $58,263. Through tens of billions of dollars in dilutive and convertible stock offerings, the company has acquired 402,100 bitcoin – mostly in exchange for debt and future shareholder dilution. Excluding those future obligations, CEO Michael Saylor boasts that the company’s currently outstanding shareholders have earned a yield of 38.7% during the month of November. This figure is calculated by dividing MicroStrategy’s bitcoin by its “assumed diluted shares outstanding,” a proprietary metric that excludes a variety of future obligations – especially if MSTR rallies above the conversion prices…

The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) enabling it to launch a $100 million Web3 venture fund. Venture Fund to Back Hedera Network Innovators The Swiss-based Hashgraph Group has secured a fund management license from the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. This license, granted to Hashgraph Ventures Manager, allows the company to launch a $100 million Web3 venture fund out of ADGM. Hashgraph Group will contribute $20 million, or 20% of the fund, as seed capital. The fund will focus on investing in early-stage and established…

Magic Eden, one of the largest non-fungible token marketplaces, saw its newborn airdropped coin become a flop right after its launch on Tuesday, Dec. 10. According to a blog post, the NFT marketplace, launched in September 2021, allocated 12.5% of its 1 billion Magic Eden (ME) total supply to its airdrop. The token generation event captured the attention of leading crypto exchanges. Binance, Upbit and Bithumb announced to list ME hours before the launch. Coinbase also joined the listings late Tuesday, the exchange posted on X. Magic Eden (ME) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS &…

Bitcoin exchange balances are at their lowest point since early 2023. This shows a trend of decreasing liquidity across crypto exchanges. Bitcoin exchange balances have been falling throughout 2024. The total BTC is now 2.3 million, a decrease of 116,000 BTC in one month. Since the beginning of the year, exchange balances are down 315,775 BTC, around 12.8%. #Bitcoin balances on exchanges have been dropping all year.Total exchange balance for those shown below is 2.3 million $BTC, which is down 116,000 in 1 month and down 315,775 this year 👇 pic.twitter.com/Erk6WOVele — HODL15Capital 🇺🇸 (@HODL15Capital) December 4, 2024 Exchange Balances…