Author: NBTC
Bifrost Network joins FAJ to expand BTCFi in Japan, collaborating with major fintech players like SBI, PayPal, and Sumitomo Mitsui. Japan’s regulatory flexibility and fintech partnerships offer Bifrost a strong foundation to drive BTCFi adoption and infrastructure improvements. Bifrost Network has recently reinforced its position in Japan by joining the Fintech Association of Japan (FAJ). This move is not only a member addition but also part of their expansion plan meant to support the development of Bitcoin Finance (BTCFi) in the Land of the Rising Sun. Joining Bifrost, they are now part of the fintech circle occupied by giants such…
Nasdaq has submitted Form 19b-4 to the SEC seeking approval to list and trade shares of Grayscale’s spot Polkadot ETF. The proposed fund, which would track the spot price of Polkadot’s native coin DOT, is expected to trade under the ticker symbol “DOT.” Grayscale Investments, as the sponsor behind the fund, aims to provide investors with a regulated and accessible avenue to gain exposure to Polkadot’s native token. In addition to the spot Polkadot ETF, Grayscale is seeking regulatory nod to offer ETFs tied to other digital assets like XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), and Litecoin (LTC). The…
Bitcoin (BTC) has been struggling lately, and it is getting tricky. With little to stop a major drop below $90,000, things could get messy quickly. But the flip side? There is less resistance above $95,000, so if Bitcoin turns bullish, it could move up just as fast. Right now, BTC is bouncing between $85,000 and $95,000, a range with plenty of room for action. Amid all this, another popular cryptocurrency, the third largest in particular, XRP, has found itself in an interesting place. Over the last few hours, the price of XRP has also fallen, by 14% in the last…
Kain WARWICK, founder of Synthetix, says SNX staking is broken, and the solution is a leveraged, no-liquidation staking model that absorbs debt and scales yield. 420 Pool , a new staking model where SNX holders stake their tokens, allowing the protocol to centrally manage debt and seek yield opportunities. At launch, the primary source of yield will be minting sUSDe via Ethena, with future integrations expected. Synthetix’s old model had a scaling problem, and Warwick presents this as a necessary evolution. Perhaps the most radical aspect of this plan is a “debt jubilee,” which forgives historical sUSD debt over 12…
Fetch.ai Inc., one of the founding members of the Artificial Superintelligence (ASI) Alliance, has launched ASI-1 Mini, the first Web3-native large language model (LLM) designed to promote autonomous agent workflow, as reported to Finbold on Tuesday, February 25. The model, powered by the FET token through ASI wallet integration, marks the beginning of the ASI:<Train/> initiative set to democratize access to foundational artificial intelligence (AI) technologies and allow users to invest in, train, and ultimately own their own models. As part of a tiered freemium model, the AI model is immediately accessible to FET holders. ASI-1 Mini Featuring four dynamic…
Bitcoin’s price action has been shaky, but for top crypto trader DonAlt, it is nothing out of the ordinary. He pointed out that the range low test is done, and as long as Bitcoin (BTC) closes above that level, a bounce next week seems likely. Right now, Bitcoin is sitting at $88,000, down 9% in two days, and the market is in chaos, with $1.5 billion in liquidations over the last 24 hours. Interestingly, that same figure surfaced in another recent crypto-related event. Coincidence? According to DonAlt, the key level to watch is $90,787. If Bitcoin closes above it, the…
Solana’s bustling decentralized finance (DeFi) scene is growing faster than Ethereum’s, and making more money too. And yet, Franklin Templeton pointed out in a Tuesday report, its tokens are worth less. “Solana DeFi valuation multiples trade on average lower than their Ethereum counterparts despite significantly higher growth profiles, highlighting an apparent valuation asymmetry,” the report said.Franklin Templeton compared tokens of five leading ETH projects (LDO, AAVE, ENA, MKR and UNI) to those of five of Solana’s strongest protocols (JTO, JUP, KMNO, MNDE and RAY). The Solana projects saw 2,400% median growth in fees year over year, and a median multiple…
Popular XRP commentator Edoardo Farina has emphasized how early current XRP investors are in their exposure to the asset amid the broader market downturn. At press time, XRP is trading with a massive 12% dip, priced at $2.18. Meanwhile, XRP touched $2.08 earlier today, marking a more significant 17% dip from the intraday high of $2.50. While this price performance is concerning, Farina believes XRP holders should be less worried about the price action. He stressed the significance of the earliness in XRP by highlighting the small amount of tokens it takes to rank among the wealthiest XRP holders. Specifically,…
Simplifying Web3 Transactions TL;DR:The IOTA Gas Station allows developers and businesses to cover gas fees for end users on the IOTA Network, allowing them to execute transactions without needing to buy, hold, or manage IOTA tokens. This simplifies onboarding, boosts user engagement, and removes friction for both Web2 and Web3 audiences while enabling builders to handle gas centrally. With features like access control, transaction limits, and usage metrics, operators can manage sponsorships securely and efficiently. As an open-source, industry-agnostic solution, it streamlines blockchain interactions, making dApps more accessible. What if users could engage with IOTA-powered applications without needing to acquire…
Crypto influencer SolJakey claims to have fled the country after receiving death threats amid allegations of insider trading relating to Argentinian President Javier Milei’s ill-fated LIBRA token. SolJakey was discovered to have met Hayden Davis and his brother, and associated with Davis’ crypto firm Kelsier Ventures which helped launch the LIBRA token and Melania Trump’s MELANIA crypto token. Then on February 15, he shared a long post defending key opinion leaders (KOLs) and insider trading which users didn’t take well. He also filmed a short bit pretending to be an insider trader. This appears to have rubbed some people the…