Author: NBTC
Trading and investing platform eToro has achieved SOC 2 Type II compliance for its cryptoasset custody services. The certification follows an independent audit assessing the company’s security controls over an extended period. “Achieving the SOC 2 Type II compliance certification once again underscores our commitment to operational excellence in crypto custody,” Hedva Ber, Deputy CEO and COO at eToro said. SOC 2 Type II is a compliance framework developed by the American Institute of CPAs (AICPA). It evaluates a service provider’s ability to protect sensitive data based on five trust service criteria: security, availability, processing integrity, confidentiality, and privacy. According…
Bitcoin targets $113,386 as a Falling Wedge pattern and rising open interest suggest a breakout. Institutional buying and reduced Bitcoin supply on exchanges support a bullish price move. Political changes and inflation fears boost demand for Bitcoin as a hedge against economic risks. Bitcoin’s price action suggests a potential breakout from a Falling Wedge pattern. This setup often leads to upward moves. Analysts predict a 20.7% increase, targeting $113,386 in the near term. $BTC (Bitcoin) looks to be working on a breakout of a Falling Wedge Pattern here and we are targeting $113,386 in an over +20.7% increase! pic.twitter.com/3Wtay3Q6zD —…
Ethereum’s transaction fees have dropped to their lowest level in a very long time, depicting a bullish setup for investors. Ether’s average transaction cost has dropped to 0.00005 ETH, which is a massive decline from 0.005 ETH recorded in early 2024. ETH price has struggled to keep up with other major altcoins, declining by 18% on a year-to-date (YTD) basis. A drop in Ether transactions can be seen as EIP-1559’s fee-burning mechanism received approval. However, layer-2 scaling solutions like Arbitrum and Optimism have also eased congestion on the network. Ethereum fees drop 97% According to the analysis shared by Santiment,…
Singapore-based blockchain platform DigiFT is set to tokenize a $6.3 billion private credit fund managed by Invesco, marking a major step in bridging traditional finance with blockchain technology. The move permits institutional investors to buy tokenized shares of the fund with U.S. dollars or stablecoins like as (USDC) USDC and USDT (USDT), according to Bloomberg. The Invesco private credit fund primarily invests in senior secured loans and has delivered a 4.5% annual net yield since its inception in 2006, DigiFT CEO Henry Zhang said. Unlike most tokenized private credit funds, which have long redemption cycles, this fund will offer daily…
At the start of the year 2025, Filecoin has made significant progress as a leading project in the decentralized storage sector. As per Filecoin, its milestones during the previous year, as Messari highlighted in its Theses for 2025, contribute a lot to its journey into this year with groundbreaking technological developments. As the new year begins, the findings from @MessariCrypto’s Theses for 2025 remain a testament to Filecoin’s growing momentum. From nearly 30% storage utilization growth to advancements like FWS and Fast Finality (F3), Filecoin is shaping the future of decentralized storage. pic.twitter.com/zQZBb1zdii — Filecoin (@Filecoin) January 5, 2025 Based…
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has been one of the most talked-about topics in the cryptocurrency world. Recently, there have been hints that the SEC may pause its lawsuit against Ripple, raising questions about the future of the case and XRP’s market performance. Legal experts like former SEC attorney Marc Fagel have expressed uncertainty about the future of the SEC vs. Ripple case. Fagel pointed out that while it’s unlikely the SEC will drop the case entirely, settling or pausing the case could be a possible outcome. The court has…
The world’s largest cryptocurrency exchange Binance has introduced the ninth altcoin for its Binance HODLer Airdrop program and announced it as KAITO (KAITO). Binance later added that it will list KAITO (KAITO) on 20.02.2025. “Binance is excited to announce that the ninth project in the Binance Airdrops program is KAITO (KAITO). Users who subscribed their BNB to Simple Earn products between 06.02.2025 00:00 (UTC) and 10.02.2025 23:59 (UTC) will receive the KAITO (KAITO) airdrop distribution. Binance will then list KAITO on 20.02.2025 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. Seed labeling will be…
As the price of Ethereum holds the $2,600 ground level, the intraday recovery aims for a breakout rally to challenge the overhead trendline at $3,000. With the total crypto market cap falling 1.14% last night, the liquidations in the market rose to $282 million in the last 24 hours. Amid the increased liquidations, Ethereum managed to prolong its short-term consolidation. With a lower price rejection near $2,600, Ethereum regains bullish momentum. Currently, the ETH token trades at a market price of $2,710 with an intraday recovery of 1.05%. Will this recovery break past the overhead ceiling at $2,750? Let’s find…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The “tariff trade,” or the market volatility we’ve seen the past couple of weeks as investors evaluate tariff risks, has overshadowed the tail end of earnings season. But many analysts still think US equities have room to go higher. President Trump’s threats have been delayed, not canceled. 25% tariffs on steel and aluminum tariffs are slated to start next month, and reciprocal tariffs against a range of countries are still being designed, so the news cycle — and market — are likely to take a break…
Hedera Hashgraph is expected to launch via SpaceX on January 14 amid the launch of the Hashgraph-based system called SEALCOIN. Previously, CEO of WISeKey Carlos Creus Moreira disclosed that testing SEALCOIN from space would be a massive leap in securing satellite communication. According to a report shared by an X user identified as Erik & Gizzy, Hedera Hashgraph is scheduled to launch through Elon Musk’s SpaceX on January 14. Meanwhile, a subsidiary of WISeKey, WiseSat, and SEALSQ has launched a Hashgraph-based system called SEALCOIN. Fascinatingly, this aligns with a previous report that highlighted the conduction of a second Proof of…