Author: NBTC
Amid pro-crypto governance, Apex Fintech, is reportedly considering acquiring Bakkt, a cryptocurrency platform spun off from Intercontinental Exchange (ICE). The news, which emerged from an Axios report, follows Bakkt’s acquisition of Apex’s crypto operations in 2022 for up to $200 million. Apex Fintech Considers Acquisition of Bakkt Apex Fintech, which is a firm known for integrating stock trading into applications, Bakkt’s shares saw a notable 15% increase in morning trading after the report, reaching $14.86. The surging performance prompted reignited interest from investors. Founded in 2018, Bakkt was initially positioned as a bridge between traditional finance and digital assets. The…
As the digital asset landscape continues to grow, more people become interested in interacting with crypto tokens. Today, the LunarCrush Galaxy Score listed the top 10 crypto coins that stood out over the past week because of robust performance, user sentiment, and community interaction. TOP 10 COINS BY LUNARCRUSH GALAXY SCORE$BZZ $BNB $ETH $SOL $LTC $BTC $MTRG $YFI $TAO $ARK pic.twitter.com/aALXOG88bT — PHOENIX – Crypto News & Analytics (@pnxgrp) February 17, 2025 Top 10 Major Coins Swarm (BZZ) Swarm (BZZ) emerged as the best performer according to the LunarCrush Score. Swarm, a decentralized storage platform built on top of the…
Ice Open Network joins forces with Me3 Labs to establish AI-powered rewards within its Online+ blockchain ecosystem through this partnership. Online+ users will experience an interactive and rewarding experience through this partnership which combines artificial intelligence with decentralized technology to redefine digital engagement globally. 🤝 We’re excited to welcome @Me3Labs to Online+ and the Ice Open Network ecosystem!🌍 ME3 is building the world’s first AI Reward Hub, redefining how users engage with digital incentives and rewards.Through this partnership, #ME3 will connect with the Online+ social ecosystem… pic.twitter.com/sIPjhNaUda — Ice Open Network (@ice_blockchain) March 13, 2025 Me3 Labs: Transforming Digital Incentives…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. BTC was rather quiet again last week as various narratives seem to be pulling sentiment in different directions. We then saw the asset’s price sink below $94,000 around 1 pm ET Tuesday — down more than 3% from seven days prior. Crypto exchange volumes reached their lowest level since the US presidential election, Compass Point analysts said in a Tuesday note. Last week, the US spot bitcoin ETFs had $580 million of net outflows, Farside Investors data shows — breaking a six-week inflow streak. And yet,…
Thailand’s Regulator Recognizes Tether’s USD₮ as an Approved Cryptocurrency in Major Step for Digital Assets
10 March, 2025 – Tether, the largest company in the digital assets industry, has announced that Thailand’s Securities and Exchange Commission has granted acceptance of USD₮ as an approved cryptocurrency. This approval enables USD₮ to be traded within the country, facilitating its listing on regulated exchanges and paving the way for USD₮ to be accepted for payments, which advances the region’s leadership in digital asset innovation. The updated regulations aim to enhance flexibility in digital asset businesses and will take effect on March 16, 2025. The SEC had previously sought public feedback on these changes, which were finalized in February…
Gaming platform BC.Game has airdropped 400 million BC tokens to 100,000 wallets on Pump.fun, a Solana-based memecoin launchpad. Some holders on social media are claiming they were “unfairly” excluded from the event. According to a Tuesday X post from Blockchain analytics platform Lookonchain, BC.Game distributed the tokens to addresses that had completed at least 10 transactions between January 31, 2024, and February 13, 2025. 400M $BC tokens just dropped into 100K wallets on https://t.co/DrKlYnPPqY!Yesterday, @bcgame, a gaming platform, airdropped 400M $BC tokens to users on https://t.co/DrKlYnPPqY.The airdrop was available to over 100,000 addresses that completed at least 10 transactions… pic.twitter.com/pnNKhVc8aj…
Kaia, a popular Web3 platform, has announced a new partnership with Bitkub, Thailand’s biggest exchange for digital assets. The partnership aims to provide users with mini dApps, Kaia’s ecosystem and increase community engagement. The platform took to social media to disclose this endeavor. 🇹🇭 We’re partnering with Thailand’s largest digital asset exchange, @BitkubOfficial, to integrate @dapp_portal powered by Kaia into the Bitkub ecosystem!This collaboration will strengthen the Kaia community in Thailand and expand the reach of Mini Dapps on LINE Messenger, a key… https://t.co/sDCgwTBVXp pic.twitter.com/PwRvOLabGa — Kaia (@KaiaChain) March 13, 2025 Kaia Partners with Bitkub to Offer Cutting-Edge dApps for…
Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-traded fund (ETF), BITB, an amount pledged since the product’s inception. The first contribution will be distributed among three nonprofit organizations: Brink, OpenSats, and the Human Rights Foundation (HRF). Bitwise stated: “As BITB grows, so too will our contribution. Bitcoin is changing the world, and Bitwise will always strive to do our part to be a good steward of this incredible ecosystem alongside you.” Additionally, the company acknowledged its investors as…
Investment managers Rex Shares and Osprey Funds have filed to list an exchange-traded fund (ETF) tracking the price performance of Movement Networks’ MOVE. The Ethereum layer-2 network’s mainnet, which is built using MoveVM, is expected to launch on Monday. The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments, using a mix of direct holdings and derivatives, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). Rex Shares, an ETF issuer, has in the past filed to launch funds with crypto asset manager Osprey Funds, including offerings with…
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels. Kaiko’s asset liquidity ranking indicator was introduced after FTX’s collapse to address the limitations of using market cap alone to measure a token’s true value. FTX’s native token, FTT, which peaked at a market cap of nearly $10 billion, never had the liquidity to support that valuation, hence why the indicator exists. Only a few large-cap tokens…