Author: NBTC
Hedera’s hashgraph consensus boosts DApp development with faster transactions, higher security, and efficient token services for enterprises. Ondo Finance’s ONDO token enhances governance in DeFi, offering holders power over protocol upgrades and policy decisions for decentralized finance. Injective enhances decentralized finance performance through fast transactions alongside MEV resistance and scalable solutions. Altcoins such as Hedera , Ondo Finance and Injective lead the industry revolution through decentralized applications (DApps) and decentralized finance. These platforms define blockchain technology’s future because they offer enhanced security combined with decentralized governance while providing faster transaction capabilities. Hedera(HBAR) Expands Decentralized Application Development Hedera strengthens its enterprise-grade…
ATME, a digital assets exchange licensed by the Central Bank of Bahrain (CBB), said on Tuesday it has completed its first tokenized real-world asset (RWA) issuance starting with gold-backed tokens. The tokens, available to accredited investors, each represent one kilogram of gold stored in custody, according to the press release. Investors can trade these digital assets on ATME’s secondary market or redeem them for physical gold. The initiative aims to modernize gold ownership by eliminating storage and transportation concerns while leveraging blockchain for efficiency and security. Read more: Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold…
Changpeng Zhao, a former Binance CEO, has commented on the recent development regarding Strategic Bitcoin Reserves that individual US states are currently working on. He also made a loud Bitcoin statement, likening it to such profound inventions as the Internet and money. “There is no escape” from Bitcoin The co-founder of Binance commented on the news about Montana passing the bill which suggests creating a local Bitcoin reserve and moving it to the voting stage. CZ cited a tweet by Dennis Porter, the CEO and co-founder of Satoshi Action Fund. According to that tweet, Montana has become the fourth state…
Stablecoin inflows to exchanges are returning, signaling a shift in sentiment. CryptoQuant data shows that $450M in USDT flowed into centralized exchanges, the highest level since February 3. Liquidity is flowing back to exchanges, with $450M deposited in the past 24 hours. The inflows are the highest since February 3. The net inflows show more stablecoins were moved to markets than were taken out. The recent spike in net inflows suggests a bigger market move may follow. The positive net flows follow a recent liquidity injection, where briefly as much as $2.7B in stablecoins entered the markets. This time, USDT…
A new report on February CEX data shows Binance and Coinbase losing nearly 30% of their traffic. Spot and derivatives trading volumes have also declined, reflecting skittishness from retail investors. Both of these firms ostensibly had positive developments in February, but they still underperformed relative to their competitors. Bearish factors in the crypto market may be leading to a contraction. Binance and Coinbase Trail Most CEXs Centralized exchanges (CEXs) are a critical part of the crypto economy and an important indicator of its health. Towards the end of 2024, CEX trading volumes soared to $6.4 trillion in Q4. However, broader…
Adam Back, Blockstream founder, has made a bold statement about Bitcoin (BTC) and its potential to sustain its growth on the broader cryptocurrency market. In an update shared with the community, Back highlighted the ongoing buying pressure from exchange-traded funds (ETFs) and its impact on the coin. Bitcoin ETF demand outpacing sell pressure Back emphasized that the demand for Bitcoin ETFs outstrips the selling pressure. He said the strong supply-demand dynamics would soon create buy pressure, positively impacting prices. The Blockstream founder insisted that many players are underestimating the bullish potential that this presents. He noted that once Bitcoin holders…
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged WisdomTree’s application to list and trade shares of an XRP exchange-traded fund (ETF). With the SEC’s acknowledgment, a three-week comment period has begun. This enables interested parties — investors, industry experts, and the general public — to submit comments on how the agency should assess WisdomTree’s proposal. The SEC will review these comments before determining whether to approve, reject, or postpone the application. Official comments will not start until a filing is posted in the Federal Register. Institutional interest in the XRP has recently increased significantly, as several XRP ETF…
Hardware wallet maker Ledger has integrated Alchemy Pay’s fiat-crypto payment solution into its Ledger Live wallet app. Ledger announced that Alchemy Pay (ACH)’s on- and off-ramp solution is now part of the Ledger Live crypto wallet app, a move that streamlines users’ access to crypto buying and selling. Ledger Live is the hardware wallet maker’s mobile and desktop app that allows users to manage and use cryptocurrencies through an easy-to-use interface. The integration of Alchemy Pay brings crypto asset purchases to users across 173 countries, with on- and off-ramping available for more than 50 fiat currencies. Alchemy Pay supports all…
Bitcoin’s long-term holder Net Unrealized Profit/Loss data shows that Bitcoin’s market structure is perfectly aligned with previous cycle tops. According to historical trends, BTC price usually goes through an entire cycle market and peaks simultaneously with previous bull market highs. In past cycles, the NUPL metric, which measures how profitable long-term holders have been, has repeatedly seen almost the same levels of overvaluation just before significant corrections. Glassnode data shows that in the past, Bitcoin’s NUPL has often predicted euphoric phases. These correlated with the cycle tops of June 2011, April 2013, November 2013, December 2017, and April 2021. Once…
As Javier Milei’s Libra fiasco drives industry-wide reflection on meme coins, the epicenter of Solana’s so-called casino, Pump.fun, has shown signs of cooling off. Since the Argentine president endorsed the LIBRA token on Friday, Pump.fun’s daily volume—which includes purchasing and trading newly minted tokens—has fallen 27% from $184 million to $134 million as of Tuesday, according to a Dune dashboard. The platform that lets anyone, even children, launch a meme coin easily on Solana has become emblematic of crypto’s latest craze. Over the past year, some of the largest meme coins have been launched on Pump.fun, including Michi (MICHI), Billy…