Author: NBTC
Addressing Global Transaction Hurdles with USD and EUR Virtual IBANs – A Game Changer for Crypto
Deus X Pay, a regulated virtual asset service provider, is providing an end-to-end solution for how businesses transact globally with the introduction of Virtual International Bank Account Numbers (vIBANs) in US Dollars (USD) and Euros (EUR). Deus X Pay’s vIBANs solve the challenge faced with converting and settling between digital assets and fiat accounts by offering dedicated account details, allowing businesses to make payments more efficiently. Key Features of vIBANs: Enhanced End-to-End Transaction Flow – funds move more efficiently between crypto-related businesses and non-crypto banks, overcoming restrictive banking relationships and providing a strong end-to-end solution for crypto to fiat payments…
Avara, the parent company of decentralized finance (DeFi) platform Aave, has simplified its self-custody Family Wallet by replacing complicated seed phrases with emails and SMS, making wallet creation and recovery painless in a bid to onboard more users. Family allows users to manage assets across various Ethereum Virtual Machine (EVM) networks, using passkeys like fingerprint or face scans, tied to the users’ device, Avara said in an emailed statement. Avara has also launched a new web dashboard for the Family Wallet where users can manage their account, as well as send, receive, and manage assets, the firm said. Holders of…
It seems that a massive Shiba Inu (SHIB) purchase took place in the last 24 hours. As revealed thanks to on-chain data from Arkham Intelligence, an unknown massive investor withdrew 107,071 billion SHIB from one of the largest crypto exchanges, ByBit. Estimated at $2.16 million per Shiba Inu token at current prices, this colossal amount of meme coins became the first addition to this whale’s portfolio in over a year. As of now, the wallet under the address “0x8c73” holds only SHIB and nothing else, although it previously held about 150 ETH, which would now be worth about $420,000. The…
Ethereum (ETH) is under pressure once again, dropping around 3% in the last 24 hours and falling below the $1,800 level. This decline is putting several large leveraged positions at risk, including two massive whale vaults on Maker that collectively hold over $235 million worth of ETH. With on-chain indicators flashing warning signs and technical levels being tested, the stakes are rising for both bulls and bears. As ETH hovers near critical support, the coming days could prove pivotal for its short-term price trajectory. Ethereum Whales Could Get Liquidated Ethereum has dropped around 3% in the past 24 hours, slipping…
DWF Labs managing partner says the firm is ready to step in to help crypto projects that suffered a ‘weird dump’ on Binance. Andrei Grachev, managing partner at leading digital assets market maker DWF Labs, has said the firm is ready to help crypto projects impacted by the sudden market dump on Binance. Multiple altcoins experienced a major price upheaval on April 1, 2025 on the crypto exchange Binance. These included a dump for Solana-based memecoin Act 1: The AI Prophecy, DeXe (DEXE) and Kava. dForce, HIPPO, BANANAS31, LUMIA, and TST also dipped sharply, with these tokens recording losses of…
According to blockchain analytics firm Glassnode, Bitcoin’s latest market cycle is exhibiting “atypical” characteristics. The firm highlights that Bitcoin (BTC) has matured into a global asset with deep liquidity, allowing investors to trade at all hours, even when traditional markets are closed. This accessibility has positioned Bitcoin uniquely in the financial arena, especially during macroeconomic uncertainty. Bitcoin’s Increasing Global Influence According to Glassnode, Bitcoin has become a store of value and a medium of exchange. It cites a net capital inflow exceeding $850 billion and a daily economic volume of nearly $9 billion. Further, nation-states such as Bhutan and El…
Tether today made a significant activity in the digital asset market. According to data shared by crypto analyst Whale Alert, Tether Treasury minted $1 billion USDT on TRON Network. This strategic move highlights Tether’s innovative approach to managing liquidity efficiently within the cryptocurrency market. Tether adds USDT to the TRON Network Today, on-chain metrics shared by Whale Alert disclosed that Tether Treasury minted $1 billion USDT on TRON Network. This development is a crucial move that is set to massively increase the supply of the USDT stablecoin, which is commonly utilized for cryptocurrency transactions and trading. 💵 💵 💵 💵…
Ethereum (ETH) is still a leader in decentralized finance (DeFi) and smart contract applications, but it’s at a crossroads. The community has questioned Ethereum’s relevance in the shifting crypto industry, putting the altcoin’s future under intense scrutiny. Mainstream narratives paint a dark picture of Ethereum’s developer exodus and underperformance. Is Ethereum Getting Left Behind? Critics reflect how Bitcoin’s ideological and political dominance, particularly after President Donald Trump’s pro-crypto stance, overshadowed Ethereum’s early promise of a global, decentralized computer. Ethereum’s price downturn — down 44% in 2025 — is being driven by the exodus of developers, and network activity dropping 17% last year.…
According to the latest developments, the first official statement came from Binance today about the huge and sudden drop that occurred first in futures and then in the spot market on the cryptocurrency exchange Binance, especially concerning the Act I: The AI Prophecy (ACT) token. The stock exchange made the following statement: The declines in ACT prices have led to some users liquidating their futures positions and other low-market tokens also seeing declines. We are currently conducting further investigations into the causes of the declines in other tokens. So far, we have not identified any accounts that have profited significantly…
BlackRock is poised to expand its crypto product line with the launch of a Bitcoin ETP in Europe, capitalizing on the runaway success of its US-listed spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), according to a Wednesday report from Bloomberg, citing sources with knowledge of the matter who requested anonymity due to the confidential nature of the plans. Projected to be based in Switzerland, the planned fund would be BlackRock’s first crypto ETP in the European market. The world’s leading asset manager, which previously focused on North America, launched the IBIT fund and subsequently introduced its iShares Bitcoin ETF…