Author: NBTC
Vivek Ramaswamy’s Strive Asset Management plans to target Bitcoin-linked corporate bonds with its new exchange-traded fund. Strive Asset Management, an asset and wealth manager founded by Vivek Ramaswamy, plans to launch a new exchange-traded fund that will invest in bonds issued by companies to fund Bitcoin (BTC) purchases, the Financial Times reports, citing a regulatory filing. The fund, called the Strive Bitcoin Bond ETF, has been registered with the U.S. Securities and Exchange Commission. Per the regulatory filing, the ETF will actively invest in bonds and use derivatives like swaps and options. These investments will target companies that use bond…
Co-founder of Omni Foundation Austin King believes tokenization will reshape global finance—but not in the way many expect. After meeting with over 40 traditional finance leaders, King came away thinking that while tokenization is inevitable, its adoption will not happen overnight. Instead, it will progress gradually, beginning with assets that are easier to digitize. He expects tokenization will likely follow a structured, institution-led path rather than a fully decentralized model. “This is going to reshape the entire industry—but it won’t happen the way people are expecting,” King said, sharing the BlackRock CEO’s interview on X. Stablecoins and Treasury Bills Are…
Ethereum is trading at $2,666.49, up 1.91% in 24 hours. Ethereum Foundation moved 50,000 ETH ($131.66M) to a DeFi wallet. Ethereum (ETH) is trading at $2,666.49, rising 1.91% in the past 24 hours. The market cap now stands at $321.4 billion, up 1.92%. However, the 24-hour trading volume dropped 48.83% to $15.15 billion, signaling reduced activity. The Ethereum Foundation transferred 50,000 ETH worth $131.66 million to a multi-signature wallet used for DeFi participation. The move aligns with community proposals to generate yield rather than selling ETH. This decision could reduce sell pressure and enhance Ethereum’s role in the DeFi ecosystem.…
The new year has brought big shifts in the cryptocurrency market, with XRP leading the charge in wallet growth. As of early 2025, the third biggest digital asset has seen a sharp increase in the number of holders, reflecting what may be growing interest and confidence in the project. According to Santiment’s latest data, XRP wallets have increased by 58,000 since the start of the year, representing a 1% rise. This growth positions XRP among the top-performing cryptocurrencies in terms of adoption, as measured by the number of unique wallet holders. Ethereum also showed notable growth, adding 645,000 wallets, an…
Roger Ver, the cryptocurrency pioneer known as “Bitcoin Jesus,” is fighting against what he calls politically motivated lawfare, urging President Donald Trump to intervene as his extradition to the U.S. looms. Roger Ver Calls on Trump to End Political Persecution as Extradition Looms In a recent Coindesk interview, Roger Ver detailed his battle against what he claims is an unjust legal campaign by U.S. authorities. Speaking from Spain, where he has been forced to remain for nearly a year while awaiting extradition, Ver described the immense stress of living under constant threat. “Every time the doorbell rings or my phone…
Upbit, one of the global digital asset exchanges, has announced that it supports Solary (LAYER) trading on the KRW, BTC, and USDT markets. Upbit Lists Solarier (LAYER) for Trading on KRW, BTC and USDT Markets Deposit support for LAYER via the Solana network will begin on February 11 at 21:00, with the exact transaction start date to be announced later. Upbit has set basic trading restrictions for Solarier: Buy Order Restriction: Buy orders will be restricted for the first five minutes after trading begins. Minimum Sell Price Restriction: The reference price for minimum sell orders will be provided before trading…
LayerZero has announced a strategic partnership with Unchain. The alliance, which is an important development within the blockchain landscape, is primed to advance multi-chain scalability and interoperability. It aims to integrate LayerZero’s technology into Unchain’s network. 🦄 LayerZero is live on @unichain as a day-one interop provider!Starting today, developers from over 120 networks connected by LayerZero can send messages, deploy applications, and transfer tokens to Unichain. https://t.co/ewFopGBwDJ pic.twitter.com/mmeMAw6ydO — LayerZero (@LayerZero_Core) February 11, 2025 LayerZero is a technology that focuses on enabling different digital ledgers to seamlessly interact and communicate with each other. It is a smart contract that specializes…
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the ninth consecutive week.MicroStrategy holds more bitcoin than any other publicly traded company. In the week ending Jan. 5, MicroStrategy purchased a further 1,020 BTC for $101 million, bringing its total bitcoin holdings to 447,470 BTC.It wouldn’t be a Sunday without Executive Chairman Michael Saylor teasing the announcement in a post on X. The average purchase price of the bitcoin was $94,004, which raised the average price to $62,503.The latest bitcoin purchase was funded through share sales under the company’s…
Key Takeaways Ethereum short positions have increased by 500% since November 2024, reaching fresh highs. While Bitcoin and other major crypto assets have rebounded, Ethereum remains underperforming. Ethereum is facing a record level of short selling from hedge funds, with futures contracts on the CME reaching a new peak of 11,341, ZeroHedge’s new chart shows. Hedge funds’ record shorts weigh on Ethereum Bearish bets have surged over 40% in a week and 500% since last November, as analyzed by The Kobeissi Letter. The aggressive shorting raises red flags about Ethereum’s near-term prospects. The Kobeissi Letter’s analysis notes that Ethereum’s history…
In the last 24 hours, Ripple’s RLUSD stablecoin has seen significant movement across unknown wallets. According to on-chain data, 12 transactions involving RLUSD were recorded in this time frame, totaling 8,104,394 RLUSD. The most recent transaction involved 588,029 RLUSD, which was moved between two unknown wallets. 🚨🚨🚨🚨🚨🚨 588,029 #RLUSD transferred from unknown wallet to unknown wallet.https://t.co/NdIXa9vlE3 — Ripple Stablecoin Tracker (@RL_Tracker) January 10, 2025 Ripple Stablecoin Tracker, a community account on X tracking the minting, redemption and transfer of Ripple’s RLUSD, reports transactions involving the RLUSD stablecoin within the last 24 hours: 588,029 RLUSD went from one unknown wallet to…