Author: NBTC

U.S. spot Bitcoin ETFs have experienced three consecutive days of net outflows, losing nearly $500 million over this period leading up to Feb. 20. The three day outflows started with $61.4 million on Feb. 18, followed by $71.07 million on Feb. 19. However, on Feb. 20, net outflows surged to $364.93 million, according to data from SoSoValue. This marks the most significant single-day decline in the three days. BlackRock’s IBIT experienced the largest single-day withdrawal, losing $112.05 million. The next biggest outflows were $98.3 million from ARK Invest’s ARKB and $89.24 million from Fidelity’s FBTC. With $33.5 million in outflows,…

The Layer 2 blockchain solution, Arbitrum, has integrated with Rarible which operates as one of the prominent non-fungible token (NFT) marketplaces. The Rarible platform now allows its users to explore Arbitrum NFTs alongside trading them directly through the platform and creating new Arbitrum-based NFTs. The joint solution brings improved NFT trading by providing decreased costs together with speedier transactions and superior market functionality for both traders and NFT producers. 🔹 Arbitrum is now live on Rarible! 🔹You can now trade and explore @arbitrum NFTs directly on Rarible with full support for creator royalties. Speed, low fees, and a thriving community,…

A new tool from VanEck, a leading asset management firm, models how a Bitcoin reserve could offset U.S. national debt by 2049. The Crypto Basic used this tool to explore different scenarios based on debt growth, Bitcoin price, and acquisition strategies. Notably, the results show a scenario where the U.S. Treasury’s Bitcoin holdings surpass the projected national debt, eliminating it entirely. The Bitcoin Acquisition Plan For context, the BITCOIN Act, introduced by pro-crypto lawmaker Senator Cynthia Lummis, proposes that the U.S. Treasury acquire up to 1 million Bitcoin over five years and store it in a Strategic Bitcoin Reserve for…

A Bitcoin ordinals project said it aims to raise over $34 million from an art collection of Microsoft Paint-style cartoon wizards following a similar sale last year that raised $13 million. Taproot Wizards plans to auction 2,121 non-fungible tokens (NFTs) of its signature “magic internet JPEGs,” which harken back to a 2013 bitcoin meme: “magic internet money,” later this month, according to an emailed statement. The Wizards were inscribed on the Bitcoin blockchain two years ago and are now being made available for sale. The project last year sold a collection of 3,000 “Quantum Cats” to raise support for the…

PayPal and HDFC Bank-backed Mintoak has acquired Digiledge in a $3.5 million deal, marking the first acquisition in India’s central bank digital currency space. Mintoak, an Indian ecommerce startup that facilitates merchant payments, has acquired Digiledge in a deal worth around $3.5 million, marking the first acquisition in India’s CBDC area, Reuters, has learned, citing sources close to the matter. With Digiledge, which specializes in CBDC and bill payments, Mintoak’s partner banks — HDFC Bank, Axis Bank, and SBI — could offer payment solutions in e-rupee, India’s form of CBDC. With the acquisition, Mintoak CEO Raman Khanduja says the firm…

The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins. Chainlink and Stellar market outlook According to market data in the past 24 hours, Stellar has surprisingly outperformed Chainlink. While LINK traded up 1.59% to $18.07, XLM jumped 3.30% to $0.3421. However, as seen on the charts, Chainlink had a more positive price rally in the first few hours over the past day to push it…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 gaming is fast, chaotic, and full of adrenaline—quick wins, viral mints, and meme battles. It thrives on hype cycles that come and go in an instant. But once the excitement fades, what’s left? If all web3 gaming has to offer is short-lived thrills, it’s running on borrowed time. You might also like: The web3 gaming knowledge gap and how to bridge it | Opinion It’s time to go back to the basics. Web3 gaming isn’t just…

South African investment firm Altvest Capital has announced plans to become the first company in Africa to hold Bitcoin as a primary treasury reserve asset, following US technology firm Strategy. South African Firm Altvest to Accept Bitcoin as Treasury Reserve Asset Altvest has already made a bitcoin purchase and has applied for regulatory approval to raise 200 million rand ($10 million) by issuing shares to increase its bitcoin holdings, CEO Warren Wheatley said in an interview. However, no final decision has yet been made on the capital raise. Altvest adopts a strategy pioneered by Strategy co-founder Michael Saylor, who began…

Flowdesk has secured $102 million in fresh funding to expand its digital asset trading and liquidity business, backed by HV Capital and a debt facility from BlackRock-managed funds. “This funding round marks a pivotal moment for Flowdesk as we accelerate our expansion into key global markets,” said CEO Guilhem Chaumont in an email to CoinDesk. “Institutional demand for market-making infrastructure is growing rapidly, and we are committed to scaling our technology and services to meet that need.” In a release, Flowdesk said it will use the proceeds of the round to scale its over-the-counter (OTC) derivatives business and launch a…

The Apex Fusion Foundation, a decentralized technologies platform, has launched its blockchain ecosystem and native token, AP3X, as per the reports shared with Finbold on Thursday, February 20. With the blockchain live, the project integrates Bitcoin’s (BTC) unspent transaction output (UTXO) security model with Ethereum (ETH) Virtual Machine (EVM) programmability, which helps create a more stable and intricate staking framework. AP3X will be listed on LBANK starting February 20, 2025, with initial yields estimated at around 10% per year. And we are live! AP3X is listed on @LBank_Exchange and @CoinstoreExc 🔥 pic.twitter.com/ftArYuuxXh — Apex Fusion (@ApexFusion) February 20, 2025 Apex…