Author: NBTC
EDX Markets, which is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities, is adding 17 new cryptocurrencies to its platform, transforming its previously limited selection into a more robust trading platform as it gets ready to absorb growing institutional demand for crypto. “From the outset, we were designed and built for institutions for exactly what’s happening right now,” EDX Markets CEO Tony Acuña-Rohter, told CoinDesk. Acuña-Rohter was appointed CEO of the exchange in December after founder and then-CEO Jamil Nazarali moved to the position of executive chair of the EDX Board. “We were quite fortunate because FTX happened,…
Equity Fund Manager and Founder of Cardone Capital Grant Cardone believes President-elect Donald Trump will promote Bitcoin as a vital tool for preserving US global dominance. In an X post on December 27, he said: Donald Trump will propose putting BTC on our balance sheet in a “huge” way. – Grant Cardone Cardone believes Trump will continue to push for Bitcoin Grant Cardone claims that Donald Trump could advocate for Bitcoin to the American public, given that the United States is still competing for global monetary domination. According to Cardone, the president-elect will pitch Bitcoin as necessary to maintain and…
On Friday, cryptocurrency exchange Bybit was allegedly hacked by North Korea’s Lazarus group, which drained nearly $1.4 billion in ether (ETH) from the exchange. Following the hack, Arthur Hayes, BitMEX co-founder and claiming to be a major ether (ETH) holder, wrote a post on X to Ethereum co-founder Vitalik Buterin on whether he will “advocate to roll back the chain to help @Bybit_Official.” Meanwhile, in an X spaces session, Bybit’s CEO Ben Zhou revealed that his team had also reached out to the Ethereum Foundation to see if it was something the network would consider, noting that such a decision…
According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call for banks. Yougov Poll Shows Some Users Would Substitute Banks With Crypto A recent survey conducted by Yougov, an international online research data firm, has given insights into the advancement of crypto as a true money replacement in Brazil. According to a recent poll, nearly 15% of Brazilians would consider substituting the function of their bank accounts for crypto, using this alternative technology instead. Specifically, 14.7% of the polled were open to this possibility, with…
Hyperliquid is the last major project to launch in 2024, while also having the highest fully diluted valuation. Hyperliquid (HYPE) is valued at a notional $27.2B, surpassing other startups with high-profile launches. Hyperliquid (HYPE) turned out to be the biggest launch for 2024, taking the top spot with a fully diluted value of $27.2B. The HYPE token appreciated rapidly after the airdrop, while the perpetual futures DEX increased its listings and volumes. Hyperliquid’s launch arrived in November, after months of sparking expectations with airdrop farming. The HYPE token launched during a period of heightened market activity and near-peak prices. Even…
DekaBank, a German investment bank with 377 billion euros ($395 billion) in assets under management, introduced cryptocurrency trading and custody services for institutional clients after almost two years of development. The Frankfurt-based company’s move follows regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin), while operating under the supervision of the European Central Bank (ECB), Bloomberg reported. “We have the necessary experience, required licenses and a tested, ready-to-use infrastructure to support savings banks and our institutional clients,” board member Martin K. Müller told Bloomberg. DekaBank, the asset manager of the country’s largest financial services group,…
The Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid its push to develop proprietary mining chips. The company’s share price had fallen 20% by Tuesday morning New York Time, hitting a three-month low of around $11.50 on the Nasdaq. While the company said its power capacity exceeded 2.6 gigawatts (GW) in the fourth quarter, the firm is taking a distinct approach to its feet of power-hungry machines. The machines, mining rigs, are the hardware crypto miners use to constantly crunch complex calculations to verify transactions and earn Bitcoin block…
According to several high-profile Bitcoin analysts, the price of BTC may crash to $60,000 in the coming months. Bitcoin’s momentum has stalled recently, and its recent major gains may prove fragile. Several analysts predicted a bullish 2025 for Bitcoin but still claimed that its price would first hit a sharp decline in the short term before a future bullish cycle materialized. Will the Price of Bitcoin Crash These Bitcoin price predictions were compiled by Ali Martinez, a prominent analyst in the space. Bitcoin’s forward price momentum has sharply declined recently, prompting concerns that the $110,000 goal by New Year’s Eve…
The upward trend of Ethereum continues since it remains above its important moving average indicator. The cryptocurrency market instability has not impacted Ethereum’s stability which keeps investors certain about its value. Market analysts have predicted future growth because Ethereum maintains crucial support boundaries. Ethereum’s price movements have remained a focal point for market analysts, with a key technical indicator signaling continued bullish momentum. The cryptocurrency’s ability to maintain its position above a crucial moving average suggests that the long-term trend remains intact. Despite various challenges in the broader digital asset space, Ethereum has shown resilience, reinforcing investor confidence. #Ethereum Cycle…
Speculation over Fort Knox’s gold reserves grows as decades without full audits fuel doubts about the vault’s contents. On Polymarket, bettors now price a 21% likelihood the gold doesn’t exist, mirroring lingering public distrust despite official claims of security. Is America’s Iconic Gold Secure? 21% of Polymarket Bettors Say No Decades of conjecture have swirled around Fort Knox’s bullion, with hypotheses alleging its gold has been covertly relocated, liquidated, or supplanted by counterfeit ingots. Such narratives have gained traction from the depository’s enduring mystique—shrouded in classified protocols and shielded from external verification—while modern influencers, including Elon Musk and U.S. President…