Author: NBTC

Key Points: BlackRock spot Bitcoin ETF saw significant inflows of $121.3 million today and $187.2 million on July 8. Grayscale’s Bitcoin Trust lost $37.5 million, continuing its struggle amid June’s tough market for Bitcoin ETFs. Ethereum is also recovering as VanEck and 21Shares file new spot ETF registrations following SEC amendments. After a stretch of lackluster performance, BlackRock spot Bitcoin ETF experienced a significant uptick, with $121.3 million in inflows today. BlackRock Spot Bitcoin ETF Sees Major Inflows Amid Market Recovery This follows another substantial inflow on July 8, amounting to $187.2 million, as reported by Farside Investors. The recent…

The floor price of original Trump Digital Trading Cards has shot up to a new all-time high following a failed assassination attempt against the former U.S. president. The non-fungible token collectibles on the Ethereum sidechain scaling solution Polygon rose to as much as 933 MATIC ($502), according to data collected from multiple NFT marketplaces. That has since cooled, with its floor price hovering around 762 MATIC ($410), data from NFT marketplace Magic Eden shows. Just days prior, those same NFTs were trading for roughly half that, at $228 apiece. The second series of Trump Digital Trading Cards also rose 20%…

Investors haven’t been able to get their money out of Anthony Scaramucci’s crypto fund. As of Thursday, Bloomberg reports that over two-thirds of the shareholders of his $1.6 billion crypto fund had filed for redemption of their shares — and were still waiting to get their money out. Private wealth clients at Morgan Stanley made a large number of those redemption requests. His fund delivered flat performance from April 1, 2019, through March 31, 2024. Over that same five-year period, bitcoin rallied 10X. So, how is it possible for SkyBridge to have delivered near-zero annualized returns for five years while…

The development arm of the Shiba Inu ecosystem has released a new update for Shiba Eternity, the cryptocurrency’s card collectible game (CCG). Latest Features in Shiba Eternity According to an X post shared by Shiba Eternity advisor Mazrael, the team has released v1.2.8, dubbed “Balancing Act.” The update brings a plethora of enhancements to Shiboshis, especially balancing its powers. This suggests that the developers tweaked and modified the abilities of the Shiboshis collectibles to ensure fairness within the game. “See you in the Dogjo!” said Mazrael, as part of efforts to invite players to explore the latest changes in Shiba…

The Cyprus Securities and Exchange Commission (CySEC) announced today (Monday) that the Administrative Court has annulled a series of fines imposed on former Bank of Cyprus Public Company Ltd executives in 2014, citing a breach of impartiality in the original decision-making process. The court’s rulings, issued on June 14 and May 21, 2024, respectively, overturned administrative fines levied against 13 former Bank of Cyprus officials. These penalties were originally imposed following an investigation into the bank’s investments in Greek Government Bonds (GGB). The fines, dating back to April 28, 2014, were related to alleged violations of transparency requirements and public…

DexNet, a peer-to-peer decentralized network with autonomous node communication portals, has announced its latest integration. According to the platform, it has integrated with QuickSwap (a Uniswap fork that operates on the Polygon network) and the DexSAFE wallet. The company took to its official X account to disclose these integrations. DexNet Unveils Integration with QuickSwap as well as DexSAFE In its latest X post, the platform expressed enthusiasm for this development. According to the firm, this endeavor will bring a matchless level of convenience and speed to the consumers. As a result of this, the users can enjoy a better experience…

Bitcoin (BTC) price reacted to Federal Reserve chair Jerome Powell delivering the Semi-Annual Monetary Policy Report to the Senate Banking Committee on Tuesday. The address comes ahead of Thursday’s US Consumer Price Index (CPI) inflation data, which is expected to be a significant market mover this week. Bitcoin Tests $58,000 After Powell’s Fed Update Bitcoin may have to wait until Thursday for a significant reaction to the US macro news, which is one of the four fundamentals investors are watching for recovery. On Tuesday, BTC tested the $58,000 range, only briefly, reacting to Powell’s testimony, before retracting back to the…

Kana Labs’ Aptos DEX aggregator is now integrated with SK Telecom’s T Wallet. It marks a significant step in bridging Web2 and Web3. Kana Labs is a super-app designed for DeFi and GameFi. It aims to build the future of Web3. This integration is a technical upgrade and it will provide millions of SK Telecom users with seamless access to the advanced DeFi user experience on the Aptos blockchain. 📢Bridging Web2 & Web3📢@KanaLabs’ Aptos DEX aggregator now powers @SKtelecom’s T Wallet. 🌉This isn’t just an integration; it’s a paradigm shift. Millions of SKT users now have seamless access to the…

This settlement follows a series of lawsuits and countersuits by the parties. As part of the settlement deal, Celsius will get a plethora of assets from KeyFi. Last week, an agreement was filed in court by the two parties involved in the KeyFi and the founder Jason Stone’s link to the insolvent crypto lender Celsius. This settlement follows a series of lawsuits and countersuits. As part of the settlement deal, Celsius will get a plethora of assets from KeyFi. These assets include wallets holding several tokens and expensive NFTs. As well as the $1.1 million that was sold by Mutant…

A Japanese fintech developer will create a blockchain-based bond market gateway for Palau, aiming to launch a trial in 2024 and a full roll-out the following year. Japanese fintech developer Soramitsu, best known for developing a central bank digital currency (CBDC) for Cambodia, is set to build a blockchain-based bond market gateway for the Pacific island nation of Palau, Nikkei has learned. Soramitsu has secured the contract and plans to introduce the marketplace on a trial basis in fiscal 2024, with a full rollout expected the following year, enabling the Palauan government to issue bonds to individual investors and manage…