Author: NBTC

In a significant develoment for the crypto landscape, BlackRock has launched its iShares Bitcoin ETF on Cboe Canada, offering investors a way to gain exposure to Bitcoin through their brokerage accounts. Cboe Canada Inc. has announced the launch of BlackRock Asset Management Canada Limited’s latest exchange-traded fund (ETF), the iShares Bitcoin ETF. The iShares Bitcoin ETF, now trading on Cboe Canada under the symbol IBIT, with U.S. dollar-denominated units trading under IBIT.U, marks a key step in expanding accessible crypto investment products in Canada. The ETF, traded under the symbols IBIT and IBIT.U, aims to track Bitcoin’s price performance, investing…

Ethereum (ETH) shows signs of a potential price surge, fueled by significant whale activity. Despite recent underperformance, whales accumulate ETH during the recent dip, a sign of strong bullish sentiment among major market players. According to a post on X (formerly Twitter) by well-known analyst Ali Martinez, whales scooped up a massive 100,000 ETH during the market dip when investors saw ETH drop to the support at $2,900. As the support level holds strong, market analysts make bullish predictions for the cryptocurrency. Yet another crypto analyst on X, Ted, stated that in the short term, ETH could climb as high…

Interoperability, privacy, and infrastructure still pose hurdles to retail CBDC adoption, a survey by GlobalData reveals. Central bank digital currencies are still a tough sell, even where they’ve officially launched. GlobalData’s latest survey report reveals that for consumers in many countries, CBDCs just don’t offer enough to make the switch from familiar payment methods, as state-backed digital currencies struggle with a lack of user incentives, privacy concerns, and technological challenges. Blandina Szalay, banking and payments analyst at GlobalData, says the “very limited uptake of CBDC in countries where it fully launched — in the Bahamas, Jamaica, the Eastern Caribbean Currency…

Solana’s SOL token erupted this weekend after the release of a meme coin tied to self-proclaimed ‘crypto president’ Donald Trump. According to data by Coingecko, SOL has increased by more than 16% in the past twenty-four hours, even as Ether plunged by 7%. Earlier, Solana’s gains had hit an intraday high of nearly 23%, making it the most profitable day for the token since this year started. Meme coin mania ignites Solana’s rocket Late Friday night, Trump announced on Truth Social that he was launching a meme coin called Official Trump (TRUMP) on the Solana blockchain and that instantly shook…

Democratic Senator Elizabeth Warren has launched a direct attack on Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, demanding answers about his ties to stablecoin issuer Tether, according to a Jan. 28 report by Bloomberg. Elizabeth, a longtime proud crypto hater, sent a letter to Howard today, questioning how much he and his firm, Cantor Fitzgerald, have invested in the stablecoin issuer. Bloomberg claims to have obtained a copy of the letter, in which Elizabeth also asks Howard to disclose any due diligence Cantor Fitzgerald conducted before partnering with Tether. She specifically wants to know if the firm made…

Abstract, the layer-2 network rolled out this week by Pudgy Penguins, is off to a muted start despite offering a series of incentives to new users. The network notched 711,000 user transactions on the day of release, but that respectable total has been overshadowed by a lack of inflows. Its total value secured (TVS) was standing at just $33 million worth of ether (ETH) and stablecoins, a far cry from the tens of billions of dollars distributed across other hyped layer 2 networks. The platform’s native decentralized exchange, NOXA, has $109K worth of total value locked (TVL), down from $515K…

Billy Markus, the co-author of the iconic meme cryptocurrency Dogecoin launched in 2013, has published a tweet to share with the community his thoughts on what is happening on the crypto market right now. On social media, Markus is known under the pseudonym Shibetoshi Nakamoto. In particular, he commented on the world’s premium cryptocurrency losing more than $4,000 in less than one day. Markus is known for his jesting, playful and often sarcastic comments on cryptocurrencies, especially, when they plunge, as if supporting his attitude. He has never called Bitcoin a store of value, nor has he voiced any praise…

With Bitcoin holding steady at around $104k, Ethereum is gearing up for a potential breakout. Will ETH reach the $4,000 mark? As Bitcoin consolidates above $104,000, Ethereum is gaining bullish momentum. This shift comes as a delayed effect of the U.S. Federal Reserve’s steady interest rates, which have helped boost the broader altcoin market. Ethereum has surpassed the $3,200 mark, increasing the likelihood of a breakout. Could this rally propel Ethereum to the $4,100 level? Let’s explore the possibilities. Ethereum Eyes Potential Breakout Rally to Cross $4,000 On the 4-hour chart, the Ethereum price trend reveals a bullish reversal with…

President Donald Trump has announced a series of proposals aimed at reshaping U.S. economic policy. His plan includes imposing higher tariffs on imported goods, withdrawing from an international corporate tax agreement, and introducing significant tax cuts designed to strengthen domestic production. Tariff Hikes on Key Industries Trump’s proposal centers on increasing tariffs on products like steel, aluminum, copper, semiconductors, and pharmaceuticals. These tariffs, which he revealed would exceed the previously proposed 2.5% rate, aim to encourage U.S. manufacturers to bring production back home. Highlighting the need to rebuild the nation’s manufacturing capabilities, Trump referenced the past when the U.S. could…

TL:DR; Within 24 hours of its launch, TRUMP’s price went through the roof at $30, and its market cap soared to roughly $6 billion, according to the two biggest crypto data aggregators. The question now arises whether the newly launched token associated with the president-elect has the legs to become the largest in its field. The cryptocurrency world still finds ways to surprise even the most experienced market participants, and the past 24 hours have only gone to prove that narrative. Who could have expected that the upcoming US president would announce its official meme coin? Especially one who used…