Author: NBTC
Swedish crypto asset manager Virtune becomes the first entity to launch an ETP on Xetra that tracks the Coinbase 50 Europe Index, providing exposure for up to 50 crypto assets. According to a press release sent to crypto.news, Virtune’s latest ETP is now trading on Deutsche Börse Xetra, one of the most prominent trading venues in the European market. Traders can access the product on Xetra marked under the ticker VRTC and VCOIN50 on Bloomberg. The exchange-traded product is 100% physically backed and offers traders exposure to 21 crypto assets upon launch, becoming the first ETP to track the Coinbase…
According to data provided by the public tracker Shibburn, over the past day, the burn rate of the second-largest meme cryptocurrency, SHIB, has gone down significantly and currently remains in the red zone. Meanwhile, the crypto market seems to be recovering for now, with Bitcoin and other major cryptocurrencies showing growth over the past 24 hours. SHIB burns in red despite market going green The burn rate has plunged by nearly 9%, according to the Shibburn website. Still, despite the decline, the platform registered a total of 4,591,026 SHIB coins transferred by the global SHIB community out of the circulating…
When it comes to stockpiling Bitcoin, U.S. states aren’t just racing against each other, according to New Hampshire Rep. Keith Ammon (R). He believes that they are also competing against the federal government, which will be forced to print money to limit the impact of ballooning U.S. debt. In an interview with Decrypt, Ammon said that states should be closely tracking the amount of money that the federal government has borrowed to keep Washington humming. On Thursday, that sum totalled roughly $37 trillion, according to the U.S. Debt Clock. Ammon carries a small device in his pocket displaying that metric,…
Acheron Trading has become the first CASP-licensed crypto market maker. It can now offer its services to users across the European Union under the MiCA regulations. According to a press release sent to crypto.news, the Singapore-based crypto market maker has recently been issued a Crypto-Asset Service Provider license or CASP license. The license was granted by the Dutch Authority for the Financial Markets, therefore Acheron was be included within the AFM’s public register as well as with the European Securities Markets Authority. Before Acheron, no dedicated crypto market maker has ever succeeded in gaining a CASP license under the current…
Bitcoin mining is changing its profile, with over 30% in the hands of US-based corporate miners. US-based miners generally hold more than 40% of the hashrate, but listed companies are now in charge of large-scale mining centers. Bitcoin mining has changed its approach multiple times, evolving past personal computers into ASIC. In the past few years, mining is only viable through large-scale operations, leading to the creation of dedicated data centers. Matthew Sigel, the head of digital assets research at Van Eck, noted that corporate miners controlled over 30% of the hashrate for the first time after a period of…
Tilted has recently announced its cutting-edge partnership with Quizon to redefine the future of education. This collaboration aims to empower the Decentralized Knowledge Economy with personalized education and Tokenized Rewards. The alliance further strives to introduce a dynamic and decentralized approach for knowledge acquisition. Tilted x @QuizonAI Unlocking the Future of Web3 Learning! 🎓We’re excited to announce a game-changing partnership with Quizon, the innovative platform that blends AI-powered learning, gamified tasks, and SocialFi into a decentralized knowledge ecosystem.Together, we’re… pic.twitter.com/MPvio4Cqkf — Tilted (@tiltedxyz) May 30, 2025 Through this approach, the learning will become an engaging game, communities are empowered through…
After Bitcoin (BTC) surged past the $110,000 mark in the last 24 hours, a trading expert is suggesting the next potential target could be $150,000 if technical indicators continue to align. In this case, prominent online crypto analyst TradingShot observed that Bitcoin’s current rally has invalidated several short-term bearish patterns, confirmed key support levels, and broken through a critical resistance zone. This positions BTC for a potential 101% rally. In a June 10 post on TradingView, the analyst noted that Bitcoin recently rebounded at the lower high trendline of a three-year ascending channel. This historically significant formation has often preceded…
Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP — a fully collateralized, non-custodial representation of XRP on Songbird — and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report. Flare validates off-chain data without external middleware. The framework secures FAssets, such as FXRP, and enables cross-chain transactions, which is key to building a decentralized financial ecosystem around XRP. At the protocol layer, FXRP minting utilizes a multi-collateral system, pooling stablecoins, FLR, and agent funds, to maintain a 2x or greater over-collateralization ratio. All participating agents…
Following Bitcoin’s surge to a new all-time high in May, leading altcoin Ethereum experienced a renewed uptick in trading activity, briefly trading at a multi-month peak of $2,789 on May 29. However, as the broader market has cooled over the past two weeks, ETH’s price action has tightened, consolidating within a narrow range. Despite this, market analysts remain broadly bullish on ETH’s prospects for June. Ethereum Outlook Turns Bullish as Institutional ETF Inflows Surge In an exclusive interview with BeInCrypto, Temujin Louie, CEO of Wanchain, said ETH’s outlook for the month is “increasingly bullish,” driven by consistent inflows in Ethereum…
Crypto exchange Rails has raised $14 million in a token sale to launch its trading platform combining self-custody and high-speed execution, the company said in a press release Wednesday. The company raised $14 million in a token sale to investors in April this year, and $6 million in a seed round that closed in January 2024, the firm said. Investors include Kraken, Slow Ventures, CMCC Global, Quantstamp and Round13 Capital, the company said. Rails said it is designed to solve crypto’s core trade-off: speed versus security. The platform enables users to retain custody of their assets while accessing performance traditionally…