Author: NBTC
Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA) alongside BlackRock and JPMorgan. This strategic partnership positions XRP to facilitate the $1.2 quadrillion derivatives market, with global debt driving trillions into XRP. The CryptoTradingFund (CTF) Payment Rewards system, already launched and onboarded by Amazon and Walmart, will further funnel trillions into the XRP Ledger, offering users CTF tokens as rewards for crypto transactions. XRP’s Expansion into the Derivatives Market Ripple’s entry into ISDA opens up significant opportunities for XRP in the $1.2 quadrillion derivatives market. With support from BlackRock and JPMorgan, XRP is poised to play a key…
Crypto key opinion leaders (KOLs) are rallying behind Tornado Cash co-founder Roman Storm, who is awaiting trial on April 14. Storm, a well-known developer in the crypto community, is facing legal charges for his involvement with the decentralized crypto tumbler service Tornado Cash. In a January 24 post on X, BNB chain ecosystem development director Gala Wen wrote a heartfelt message in support of Storm. He called him one of her “oldest friends in crypto.” She went on to express her disappointment over how people in the crypto industry reacted when they learned of his connection to Tornado Cash. Wen…
Over the past year, the Bitcoin Renaissance has brought significant attention to BTCfi, or “Bitcoin DeFi” applications. Despite the hype, very few of these applications have delivered on their promises or managed to retain a meaningful number of “actual” users. To put things into perspective, the leading lending platform for Bitcoin assets, Liquidium, allows users to borrow against their Runes, Ordinals, and BRC-20 assets. Where does the yield come from, you ask? Just like any other loan, borrowers pay an interest rate to lenders in exchange for their Bitcoin. Additionally, to ensure the security of the loans, they are always…
Bifrost remains a Bitcoin liquidity innovation leader by extending BTCFi ecosystem capabilities through a partnership with Oasys MCH and PLANZ. Through this partnership, Bifrost aims to strengthen $BtcUSD adoption across GameFi and DeFi applications, creating fresh opportunities for gaming enthusiasts and decentralized finance users. We’re excited to announce our partnership with Bifrost to bring $BtcUSD into blockchain gaming!BtcUSD will debut on Gaming DEX and Ragnarok, Oasys’s first perpetual DEX, further bridging DeFi and gaming! https://t.co/8p2lYItSrk — Oasys | Blockchain for Games (@oasys_games) January 28, 2025 Key Highlights of the Partnership The integration of $BtcUSD within Oasys creates opportunities for the…
Indonesia’s cryptocurrency trading activity experienced a 335.9% expansion in 2024, reaching Rp 650.61 trillion ($40.2 billion), as reported by the Jakarta Globe. The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this exponential growth to an increasing user base and higher transaction volumes. Crypto Trading in Indonesia Soars as User Base Expands According to the report, the number of registered crypto users grew to 22.1 million as of Nov. 2024. Tirta Karma Senjaya, head of Bappebti, noted growing public confidence in cryptocurrency trading and expressed optimism that the user base would surpass 25 million in the near future. Among the most…
The cryptocurrency market witnessed an impressive performance from $STNK, which surged by 130% today. The dramatic price increase has drawn attention to the token, particularly following a market-making transaction involving DWF Labs on December 11, 2024. The $STNK price surged 130% today.DWF Labs(@DWFLabs) received 5,818 $STNK(944K) for market making on December 11, 2024.https://t.co/skSGs6cY4C pic.twitter.com/sCBQbNkI8E — Lookonchain (@lookonchain) January 20, 2025 Blockchain data reveals that DWF Labs received 5,818 $STNK tokens, valued at $943,706 at the time of the transaction. This allocation, made for market-making purposes, was executed through a transfer on the Solana blockchain. Market-making activities often aim to provide…
Ripple Labs has requested for an extended deadline to submit its legal brief in the ongoing cross-appeal which is filed by the U.S. Securities and Exchange Commission (SEC). The letter dated for January 23, 2025, has been written by Michael K. Kellogg, counsel for Ripple, and has been addressed to Catherine O’Hagan Wolfe, Clerk of Court for the U.S. Court of Appeals for the Second Circuit, seeking a submission with a deadline of April 16, 2025 as reported by James K. Filan, a former Federal Prosecutor. Ripple requests extended deadline to file its brief Ripple To Prepare a Comprehensive Response…
Bitcoin made a strong comeback yesterday, rallying to $96,000 after a week of downward pressure that saw it drop to as low as $90,000. This increase is attributed to the optimism surrounding the upcoming administration of US President-elect Donald Trump, who has promised to enact pro-crypto policies immediately after taking office on January 20. According to a report by the Washington Post, sources close to the Trump administration have said on day one that they plan to issue crypto-related executive orders. These orders are expected to address key issues such as the alleged “debanking” of crypto companies and the repeal…
The crypto sector remains a popular area for investment, with the past week being a record-breaking one in terms of large private funding rounds. Various crypto projects made such efforts, which were backed by leading venture capital firms. SOON was the most successful, gathering $22 million in funding from Hypersphere Ventures. SignalsPlus remained quick to follow with a $11 million raise, involving OKX Ventures and AppWorks, which indicated that there is still a lot of interest in the trading infrastructure and other solutions. Top 7 Crypto Fundraising Rounds of the WeekLet’s take a look at the top 7 biggest private…
U.S. President Donald Trump and his entourage have already made tens of billions of dollars in profits (at least on paper) off of the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens that launched on Solana in the last three days. Now trading at $42, TRUMP has surged to a $8.8 billion market capitalization, making it the 25th largest coin in the whole crypto ecosystem, just behind some CoinDesk 20 coins such as polkadot (DOT) and litecoin (LTC). (The CoinDesk 20 is an index of the top 20 cryptocurrencies by market cap excluding memecoins, stablecoins and exchange coins). MELANIA, for…