Author: NBTC
Emirates Coin becomes first UAE regulated entity to offer investment in crypto and traditional assets
UAE-based Emirates Coin Investment LLC (EmCoin) has become the first digital and traditional assets investment platform to be regulated by the Securities and Commodities Authority. According to the press release, this is the first entity in the UAE that will be able to offer investment opportunities in digital assets and traditional financial assets such as global equities, commodities, and ICOs on one platform. Users will be able to invest in commodities and crypto EmCoin is set to launch a cutting-edge investment platform that brings together digital assets and traditional finance all within a single, seamless mobile experience. Users will soon…
Shibarium, Shiba Inu’s layer-2 blockchain, has registered a staggering spike in daily transactions. The daily transaction count soared from 63,180 to over 700,000 as users increased their activities in the ecosystem. Shibarium transaction volumes explode as user activity spikes According to data from Shibariumscan, the total number of transactions registered on June 5 stood at 710,280. The spike followed a total transaction of 63,180 on June 3, 2025. The staggering 1,013% surge signals increased user engagement with Shibarium. Major on-chain developments could have triggered the spike as the ecosystem gained traction due to growing addresses. Notably, Shibarium addresses have grown…
TaskOn Labs announced a strategic partnership with LayerOneX (L1X) Protocol, a project aiming to make it easy for projects to streamline user engagement and on-chain growth. TaskOn Labs, famous for their task automation and campaign deployment platform, will use L1X infrastructure to support verified on-chain campaigns, smart airdrops, and more seamless multi-chain quests. 🚨 L1X x TaskOn Labs: Scaling On-Chain Growth 🚨We’re thrilled to officially announce that @taskonxyz will be integrating the L1X Protocol into its platform — a top-tier on-chain task and growth automation ecosystem.This partnership unlocks a powerful pipeline of Web3… pic.twitter.com/SgHTEeXxw7 — LayerOneX (@LayerOneX) May 28, 2025…
Bitcoin exchange reserves dry up as BTC price approaches $110K — is a new ATH on the horizon?
Bitcoin surged roughly 3.8% over the past 24 hours, briefly breaking above the $110,000 mark before settling around $109,600 by Tuesday morning Asian hours. This move marks Bitcoin’s (BTC) strongest performance in June so far, reversing last week’s drop that saw the asset dip near $100,000. The price now sits just 3% below its all-time high. Behind this latest rally is a mix trading activity, on-chain signals, and macro developments. According to Coinglass data, nearly $203 million in positions were liquidated in the Bitcoin market over the past day. Of that, $195 million were shorts, highlighting the strength of upward…
Ozean partners with DeFa to offer SME financing with up to 26% APY. DeFa tokenizes 420M invoices, maintaining a 0.2% bad debt rate. Ozean bridges TradFi and DeFi, expanding RWA exposure in decentralized markets. Ozean has joined efforts with DeFa, an AI-native RWA lending protocol. This partnership aims to provide small—and medium-sized Enterprises (SME) with financing opportunities within the Ozean ecosystem. The integration will allow users to access tokenized invoices and short-term loans with rates as high as 26% APY, marking a major step toward expanding RWA exposure in decentralized finance (DeFi). The RWA opportunities on Ozean continue to expand!Ozean…
With a strong performance, Ethereum has risen above key resistance levels and is not showing any signs of slowing down. The most notable technical development is the 26-day EMA’s cross above the 200-day EMA, a classic momentum indicator that validates the strength of the current rally and provides access to even higher price targets. The daily chart shows a clear break of the $2,500 resistance level, which was followed by a steep ascent to the current price range of about $2,710. The bulls have been unrelenting, pushing through small corrections and profit-taking while consistently hitting higher highs and lower lows.…
Ripple Labs is allegedly considering buying Circle for billions of dollars. But how will Ripple pay for it without hurting the XRP market? Let’s find out as the experts share their opinions on it. Recently, Dave Weisberger made an interesting point about Ripple Labs and the Circle offer. Ripple Labs owns about 40% of XRP, which is a huge stash, and it is considering buying Circle for $10 to $20 billion. But if Ripple uses its XRP holdings to help fund that purchase, it would have to sell a huge amount of XRP, about $10 billion worth, from its own…
Modular blockchain platform IOST has raised $21 million in a strategic funding round to expand the rollout of its real-world asset (RWA) infrastructure across regulated markets, the company said in a press release on Friday. The round was led by institutional investors DWF Labs, Presto, and Rollman Management Group, the company said. The funding will accelerate IOST’s product development, validator growth, and ecosystem integrations. Tokenization is one of the main use cases of blockchain technology and it is attracting attention and investment from the TradFi world. Initial rollouts will focus on Japan and the broader Asia-Pacific region, where IOST is…
Blockchain networks are bleeding casual users, with four out of five low-engagement accounts going inactive within three months, a Flipside study reveals. A recent study reveals a hard truth about blockchain ecosystems: most users lose interest quickly. Data from Flipside, which analyzed user behavior across networks such as Solana, Ethereum, Arbitrum, and Avalanche, shows that user retention is extremely low. The majority of users disappear within months unless they were already highly active from the start. Flipside took a hard look at how wallets behave over time. They sorted users into three categories: low-value (scores 0-3), medium-value (4-7), and high-value…
Bitcoin broke above $107,000 on Monday in a notable respite and kept climbing to $110,500 on Tuesday morning, following last week’s turbulence sparked by the Trump-Musk fallout. The latest on-chain data now suggests that the crypto asset may be preparing for its next upward move, as several key indicators reflect growing bullish sentiment. Bitcoin Demand Strengthens According to CryptoQuant’s latest update, one of the primary signals comes from Binance’s Taker Buy/Sell Ratio, a metric that measures the volume of market buy orders relative to market sell orders. The metric has recently surged to 1.1, which means that traders on Binance…