Author: NBTC

Swiss banking giant UBS said that it completed a proof-of-concept of its UBS Key4 Gold offering on the Ethereum layer-2 network ZKsync. The simulation, which was conducted on a ZKsync test network, is a sign of renewed interest in blockchain technology among traditional financial institutions. This isn’t UBS’ first experiment with blockchain. The bank previously launched a tokenized money market investment fund, uMint, which is also built on Ethereum. UBS’ Key4 Gold is one of the bank’s offerings that lets its Swiss clients purchase a direct claim to physical gold. “It allows for fractional gold investments with real-time pricing, deep…

Bitcoin holds near $94,297 as sellers control resistance levels, limiting further growth in the market. Buyers protect support zones below $94,400, creating a stable floor for potential upward moves in the future. Reduced market volatility suggests a major move could happen soon, and traders are watching for breakout signals at key levels. Bitcoin traded at $94,297 on January 13 as it struggled against strong resistance at $99,000 while holding key support below. The market remains uncertain as traders watch for potential breakout or breakdown signals on the 4-hour chart. #Bitcoin 4 hour chartOrder block detector by LuxAlgo shows that #Bitcoin…

Uniswap Protocol recorded a monthly high trading volume of $15.65 billion on the Base network in January 2025. This makes it the third consecutive time Uniswap’s monthly trading volume on the Base network hit an all-time high. It also recorded all-time highs in November and December 2024. Overall, Uniswap has processed over $1 trillion in total trading volume, which makes it one of the largest DEXs in the world. What Uniswap users are doing on Base The monthly transaction volume on the Uniswap DEX on Coinbase’s native network, Base hit an all-time high for the third month in a row.…

Microstrategy’s stock, MSTR, has bagged second place on the Nasdaq 100 Component Year-to-Date Returns list, outpacing big names like Meta, Netflix, and Nvidia. As a primary benchmark for tech companies, the Nasdaq 100 highlights top performers through their Year-to-Date returns. As of Jan. 29, 2025, Constellation Energy Corp is out in front with a 22.93% YTD gain, followed by MicroStrategy Inc with a rise of 20.13%. However, big players, such as Meta, saw an increase of 12.7%, and Netflix saw a +0.04% change. NVIDIA, on the other hand, saw a decline in its stock price by 11%. NEW: MicroStrategy boasts…

A closed-door meeting of the U.S. Securities and Exchange Commission (SEC) on January 30 has sparked new speculation about the future of the ongoing Ripple case. This marks the fifth such meeting of the year, and it has grabbed the attention of the XRP community, which is hopeful for potential developments regarding the lawsuit. The meeting, scheduled in advance and disclosed via a Sunshine Act notice on the SEC’s website, will feature SEC acting Chair Mark Uyeda and Commissioner Hester Peirce. Uyeda’s leadership is drawing particular attention, as he is known for his critical stance on using enforcement actions to…

A Spanish court is investigating Binance for alleged misappropriation of funds in 2021. According to local media, plaintiff “JL” accused the exchange of withholding his €67,550 investment. Judge María Ángeles Velázquez claimed that JL demonstrated “sufficient criminal motives” on Binance’s part and gave his legal team 10 days to present their formal indictment. Binance Might Need to Answer to a Spanish Court Binance, one of the world’s leading cryptocurrency exchanges, is facing yet another legal trouble. The exchange faces accusations of market manipulation, albeit without formal criminal charges. IYesterday, French authorities investigated Binance for money laundering, and a Spanish judge…

Cronos Labs and LayerZero (ZRO), two blockchain platforms, have announced that the LayerZero cross-chain messaging protocol is now live on Cronos Ethereum (ETH) Virtual Machine (EVM) and Cronos zero-knowledge EVM (zkEVM), as reported to Finbold on January 31. Available on both the mainnet and the testnet, the protocol helps developers build cross-chain bridges, expand token ecosystems, and develop apps connecting Cronos users with more than 115 supported chains, including Ethereum and Solana (SOL). Seamless cross-chain transfers on Cronos Thanks to the launch, users on Cronos EVM, the leading EVM-compatible Layer-1 (L1) blockchain built on the Cosmos source development kit (SDK),…

A widely followed crypto analyst is alerting investors that Bitcoin (BTC) could plunge even further if a critical support zone falls apart. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 539,600 followers on the social media platform X that the crypto king could fall below $90,000 if it fails to hold the $91,000 level as support. However, the trader says the crypto king still has a chance to avoid such a scenario. “Bitcoin dropped into the range low of $91000 (blue) and even briefly rebounded from there. But price is once again back at the range…

Chainlink (LINK) has announced the launch of its Chainlink DeFi Yield Index (CDY Index) aiming to streamline the analysis of decentralized finance (DeFi) lending rates by aggregating market-wide data. Following this announcement, the price of LINK saw an uptick, with the token trading at $24.91, marking a 2.5% increase over the last 24 hours, as it continues to recover from the January 27 drop. How the Chainlink CDY Index will impact the market The CDY Index is a pivotal tool designed to enhance the transparency and efficiency of the DeFi space. By using Chainlink’s established framework, coupled with Space and…

Compact Games NFT launches its collection of ‘virtual game CDs’ for traders to mint and run on desktop and mobile devices starting from Jan. 31. Available on the NFT marketplace Magic Eden, Compact Games offers traders a collection of 33 unique games to choose from, each with four kinds of rarities: standard, bronze, silver and gold. The games featured on the Compact Games NFT site have an arcade-style of gameplay, similar to the classic mobile games such as Candy Crush or Flappy Bird. Some of the titles shown are The Witch, Spirit Halloween, Shumii, and Moonsheep. Not only that, a…