Author: NBTC

The crypto market’s total market cap saw a massive $330 billion surge in just four hours after president Donald Trump announced plans for a US Crypto Reserve that would include Bitcoin, Ethereum, Solana, XRP, and Cardano on Sunday. The news sent the bears packing, liquidating $160 million in Bitcoin shorts in the process, per data from Coinglass. In his announcement, which was made via Truth Social as usual, president Trump said: “My Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure…

Animoca Brands, a leading branding and investment firm in digital property, is joining the MultiversX ecosystem as a contributor. The move has been well-received by the market, pushing MultiversX’s core token EGLD upwards, despite an overall bearish crypto market. As announced on February 26, Animoca Brands is now a MultiversX “validator and ecosystem contributor.” With that, the firm aims to “leverage synergies between MultiversX and us, its blockchain network including development tools such as Sovereign Chains, and our 540+ portfolio companies.” “Animoca Brands is thrilled to be a validator and contributor for MultiversX,” Yat Siu, co-founder and executive chairman of…

Galaxy Girl Interactive (GGI) has made an important Web3 gaming announcement by forming a strategic association with Shrapnel, which uses Avalanche as its platform for a first-person shooter (FPS). GGI’s advanced gaming ecosystem allows both companies to develop blockchain-powered gaming that establishes new standards for player-focused immersive gameplay. 🚀 GGI x Shrapnel: Forging the Next Era of Web3 Gaming GGI partners with @playSHRAPNEL, the Avalanche-based FPS redefining blockchain gaming! Powered by GGI’s ecosystem — this partnership will drive immersive, player-centric experiences.🍻 Together, we are setting up a new… pic.twitter.com/Fzwbi116NH — Yeeha Games (@YeehaGames) March 3, 2025 A New Era for…

Bitcoin could fall to $75,000 in the short term, according to crypto pundit Raoul Pal. Still, he believes this potential drop does not matter. Pal expressed this view in what appears to be a teaser for a coming Real Vision episode featuring Julien Bittel, Head of Macro Research at Global Macro Investor. “People see this chart; they worry about the fact that it shows that Bitcoin comes down to $75,000, but what we proved is, last time around this happened, Bitcoin went down quickly and then recovered. And so, it didn’t matter,” Pal stressed in the clip. While the “last…

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the International Monetary Fund (IMF) approves a $1.4 billion credit facility for El Salvador, Brazil states it will spearhead the development of BRICS-native payment systems, and the Brazilian CBDC hits a potential privacy roadblock. Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador The International Monetary Fund (IMF) has finally greenlighted a deal that was informally approved last year, granting the Salvadorean government a $1.4 billion credit facility. The arrangement seeks to…

The IOTA Gas station solution is set to bring customizable feeless transactions to the network. IOTA is improving its ecosystem to generate rich experiences for users. IOTA, a popular decentralized blockchain infrastructure, is set to support gas-free transactions on its mainnet with the introduction of “the IOTA Gas Station.” This functionality opens a new era in the IOTA ecosystem, enabling seamless Decentralized Applications (dApps) experiences for users. IOTA Unveils ‘IOTA Gas Station’ in Alpha IOTA’s co-founder Dominik Schiener brought the community’s attention to the recent project in an X post. The IOTA Gas Station is an open-source project, fully compatible…

Ethereum-based trading card game Parallel hosted its first-ever Parallel League Championship esports competition over the weekend, with professional Hearthstone player Jaromír “Jarla” Vyskočil taking home first prize, bagging himself $100,000 in the process. And the popular crypto-infused game announced some big news along the way. The two-day event, hosted at the HyperX Arena in Las Vegas, saw 16 top Parallel players face off with $250,000 on the line. This came after players fought for qualification via a six-month competitive league, where they earned points through in-game tournaments, ladder matches, major tournaments, and more. Your first ever Parallel TCG World Champion…

Looking at a new post by senior Bloomberg ETF analyst, Eric Balchunas, one may say that he has seen it all. Market swings, ETF surges, panic-driven sell-offs. So when Bitcoin ETFs saw a staggering $1.8 billion in outflows last week, Balchunas was not exactly rushing to hit the alarm button. In his view, this is just another day in the world of ETFs, where movement is constant, sentiment shifts, and yet, the long-term trajectory remains up. What really happened? Well, Bitcoin exchange-traded funds saw a single-day withdrawal of $938 million – undeniably a big number. Fidelity’s FBTC took the hardest…

President Donald Trump’s announcement of a US crypto strategic reserve, comprising a basket of digital assets, has stirred debate among industry leaders. Many argue that Bitcoin (BTC) should be the sole reserve asset. This debate follows Trump’s executive order on digital assets, which directed the Presidential Working Group to establish the reserve. A Divisive Selection? Experts Debate Trump’s US Crypto Reserve According to the official announcement, the proposed crypto reserve would include Bitcoin, Ethereum (ETH), XRP (XRP), Solana (SOL), Cardano (ADA), and other digital assets. The initiative aims to strengthen the US as a global leader in crypto. Notably, the…

At HederaCon 2025, SWIFT unveiled plans to pilot large-scale digital asset testing in 2025, marking a significant milestone for blockchain adoption. The initiative builds on SWIFT’s prior experiments with digital assets and aims to explore real-world integration to streamline processes. In HederaCon 2025, SWIFT, the largest financial messaging network in the world, announced its plans to pilot large-scale digital asset testing in 2025. This marks an important milestone in blockchain use and real-time settlements of financial transactions. Moreover, netizens also see this as an opportunity for SWIFT to integrate Hedera (HBAR) for the same. SWIFT’s Plans Unveiled At HederaCon SWIFT…