Author: NBTC

Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry Experts Anticipate Major Impact of Potential Spot Ethereum ETF Nate Geraci has sparked significant interest within the crypto community by predicting the approval of spot Ethereum ETFs this week. Geraci shared his expectations on social media. “Welcome to spot ETH ETF approval week… I’m calling it.…

BUX Financial Services, the UK unit of Netherlands-based BUX, has been sold to Asseta Holding, the parent company of UAE-based investment firm APM Capital. Announced today (Tuesday), the acquisition came after ABN AMRO completed the acquisition of BUX’s Netherlands operations, which is operating as a neo-broker. Regulated by the Financial Conduct Authority (FCA), the UK unit of BUX offers contracts for differences (CFDs) and financial spread betting services to retail and professional clients under the brand BUX Markets. The acquisition did not come as a surprise, as BUX had already revealed its plans to sell the business last year. Months…

The recent development for the IOTA EVM launch includes the successful deployment and testing of essential features like the MultiSignature Wallet and establishment of third-party RPC Nodes. With concerted efforts from the IOTA Ecosystem and BD Team, the ecosystem aims to foster a flourishing environment for DeFi and RWA. The team at IOTA Foundation has been working diligently for the launch of the IOTA EVM. In one of IOTA’s Discord channels, a team member has shared the progress made with respect to the EVM deployment. In a recent announcement, the IOTA Ecosystem has provided updates on the progress of the…

Taiko, an Ethereum-equivalent (Type 1) ZK-EVM, has integrated Alchemy Pay’s On and Off-Ramp services into its ecosystem. This integration allows developers and users on Taiko to access Alchemy Pay’s services through the Taiko ecosystem listing page. It enables crypto purchases and sales via preferred payment methods in 173 countries. .@taikoxyz, an Ethereum-equivalent ZK-EVM, has launched #AlchemyPay’s On and Off-Ramp.Now, users can easily buy crypto, including #Taiko’s native token, $TAIKO, using various payment methods in 173 countries, which encourages greater engagement within Taiko’s ecosystem.… pic.twitter.com/J3wGalaI8B — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) July 16, 2024 $TAIKO Token Now Listed on Alchemy…

Solana’s SOL, Ether and other major tokens jumped as much as 7%. BKA received over $200 million from Kraken, Coinbase and Bitstamp. Bitcoin (BTC) led a crypto market recovery early Tuesday as a German government entity received over $200 million worth of the asset back from various exchanges in late U.S. hours, helping revive sentiment. Bitcoin was trading just over $57,300 in Asian morning hours, up 3.5% over the past 24 hours, while major tokens such as Solana’s SOL jumped as much as 6%. Ether (ETH) climbed back above $3,000, while dogecoin (DOGE) was up nearly 7%. On Monday, BTC…

As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $3,341 and a market capitalization of $401 billion, ether has demonstrated strong performance over recent trading sessions. Ethereum The 1-hour chart illustrates ethereum’s short-term uptrend, moving from a low of $3,171 to a high of $3,374. Key support levels are identified at $3,300 and $3,171, while resistance is established at $3,374 per ETH. Despite minor corrections and consolidations marked by downturns, the overall direction remains upward, supported by volume peaks during significant price movements. ETH/USD daily chart…

Rumble (RUM) and Trump Media & Technology (DJT) stocks went vertical this week as the election cycle took more turns recently. Rumble, a popular YouTube alternative, soared by over 20% after the Trump shooting and after he nominated JD Vance as his vice president pick. Vance, together with his friend Peter Thiel, have invested in Rumble. RUM vs DJT stocks Trump shooting and odds of winning The RUM and DJT stocks bounced back as investors and analysts predicted that Donald Trump would win the upcoming general election. These odds jumped after Trump was shot by an assassin at a rally…

The Sei Foundation announced the second Sei airdrop, distributing 27,421,200 SEI coins to 43,052 independent addresses. The second Sei airdrop will give tokens to users who have been active since the launch of the Sei mainnet, especially those involved in securing the network through staking and liquid staking, as well as collectors from leading NFT communities. Users can visit a dedicated website to check if their wallet addresses qualify for the airdrop. Eligible users must read and accept the terms and conditions to receive tokens. The deadline for participation is the start of the third phase of the Sei v2…

Prominent crypto exchange Binance announces the launch of a memecoin duel between Shiba Inu (SHIB) and its major rival Dogecoin (DOGE). Binance is offering $100,000 rewards in token vouchers for the two-week competition, dubbed Battle of the MEME Dogs. Notably, the contest will run from July 12 to July 26, 2024. During this period, participants are expected to join either the SHIB or DOGE team and complete daily or permanent tasks to earn points. Battle of the meme: Doge vs Shiba Inu Join the Memecoin Duel to share $100,000 in token vouchers! Find out more ⤵️https://t.co/AKjz84IMjh pic.twitter.com/JgDxykRhLd — Binance (@binance)…

Those who hope to see a new Bitcoin peak during the current post-halving cycle might be in for a rude awakening. According to a recent report by banking analyst JPMorgan, the flagship cryptocurrency has already peaked in terms of its valuation and trading volumes. The leading cryptocurrency reached its current peak of $73,737 on March 14 following the highly successful debut of various Bitcoin exchange-traded funds (ETFs). However, the cryptocurrency failed to sustain its bullish momentum. Multiple attempts to reclaim the $73,000 were unsuccessful for the bulls. Last week, the Bitcoin price plunged below the $54,000 level, recording the biggest…