Author: NBTC
The Bank of Montreal (BMO), one of Canada’s leading financial institutions with assets exceeding $1 trillion, has recently disclosed its holdings in various Bitcoin ETFs through a filing with the U.S. Securities and Exchange Commission (SEC). This disclosure aligns with regulatory requirements mandating that investment managers with over $100 million in U.S. exchange-traded securities report their holdings quarterly to the SEC. Bank of Montreal Invests More Into Bitcoin ETFs According to the filing, BMO holds positions in several prominent Bitcoin ETFs, including Fidelity’s FBTC, Franklin Templeton’s EZBC, BlackRock’s IBIT, and Grayscale’s GBTC. This move reflects a growing trend among major…
Today, Keeta (KTA) made headlines after a trader earned impressive returns following his acquisition of the asset a few days ago. This gain showcases the interesting yet risky rewards in the rapidly evolving crypto landscape. In the past 6 days, a trader has spent $124,769 $USDC to buy 7.64M $KTA across 3 different wallets.Currently, these $KTA are valued at $1.26M, resulting in a profit of $1.14M.Wallets:– 0x99704f6e29915e80e3f05cbe8f904d1a2d078e38– 0xe2be14a5e05df313c4da1636915d804b98bfe7e3-… pic.twitter.com/7gqun1mGg5 — Onchain Lens (@OnchainLens) March 19, 2025 Trader earns $1.14 million in six days Onchain Lens brought this remarkable trade into the limelight. Six days ago, the trader spent $124,769 USDC…
A bill recently gained clearance in the U.S. state of Utah to create a strategic crypto reserve, and market commentators are speculating on how XRP could qualify for the initiative. Notably, last week, the Utah House of Representatives passed the HB230 bill, which allows the state treasurer to allocate up to 5% of certain public funds to crypto assets. With this clearance, the bill now moves to the Senate for further approval. It would ultimately need the governor’s signature to become law. Asset Investment Eligibility Criteria Meanwhile, the bill sets specific criteria for digital asset investments. In particular, a qualifying…
The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments. Open House, which added cryptocurrency payments to its accepted payment options in January this year, said it is expanding the offering to include three more crypto tokens. As well as XRP (XRP), Open House customers can now use Solana (SOL) and Dogecoin (DOGE) to handle real estate payments with the firm. With crypto adoption on the rise across the world amid regulatory clarity, Open House says demand for crypto transactions is huge. Given…
A trading card collector found a Bitcoin redemption card valued at more than $100,000 in a $50 pack of cards last month. Purchased online directly from trading card brand Cardsmiths, the Bitcoin card—redeemable for a single BTC, valued as high as $108,786 at one point in January—came from its 2024 Holiday Currency Set, which features festive and crypto related trading cards. Included alongside cards of the Gingerbread Man and Charles Dickens are also crypto redemption cards, which can be found in approximately 1 out of every 96 packs. This one in particular was worth a full Bitcoin. A look at…
The Crypto Fear and Greed Index has climbed 17 points in a day, reaching 49 on Mar. 20, moving from “Fear” to “Neutral” territory. Alternative’s Crypto Fear and Grid index gauges investor sentiment by examining market momentum, volatility, Bitcoin dominance, and social media trends. The shift to neutral sentiment indicates a more balanced view of the market, with investors being neither overly fearful nor excessively greedy Improving sentiment came about as markets reacted positively to the Federal Reserve’s Mar.19 decision to maintain interest rates at 4.25%–4.50%, prolonging its pause on rate cuts due to economic uncertainty. Fed Chair Jerome Powell…
A crypto whale just experienced mixed results after investing $2.54 million into two meme coins named after Binance former CEO Changpeng Zhao’s (CZ) dog, Broccoli. Turns out, it was a bit of a gamble. While one token surged, netting $530.5K in profit (+24.7%), the other tanked, suffering a $302.4K loss (-68.1%). A whale spent $2.54M to buy 2 #memecoins named after CZ’s dog(#Broccoli). Currently, one has a profit of $530.5K(+24.7%), while the other has a loss of $302.4K(-68.1%).https://t.co/OoWJUDaflj pic.twitter.com/pasUjc53If — Lookonchain (@lookonchain) February 14, 2025 This investment spree happened as criticism of CZ’s stance on meme coins grows, sparking a…
The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer’s Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for realizing the promises of the Bitcoin Renaissance or “Season 2”. Unlike earlier BTC bridges that often required reliance on centralized entities or questionable trust assumptions, the Finality Bridge leverages a blend of BitVM smart contracts, fraud proofs, and zero-knowledge proofs. This combination not only enhances security but also significantly reduces the need for trust…
President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, and the video shared via his X account is indeed “authentic,” according to the leader’s media team. The video was recorded in French, and an unidentified Paris-based compatriot was tasked with translating it into English. Albert Yaloké Mokpeme, a spokesperson for the presidency, acknowledged in the French-language publication TF1 Info that the way the…
Historical trends tied to a key indicator suggest that bitcoin (BTC) has plenty of upside left as renewed inflation in the U.S. threatens to challenge the current uptrend. The 200-week simple moving average (SMA) of bitcoin’s price, which smooths out short-term market fluctuations to provide a clearer picture of the overall trend, stood at $44,200 at the time of writing, according to TradingView. Although this average is at its highest point ever, it is still significantly below the previous bull market’s peak of $69,000 in November 2021. That may be an important point because past data show bull markets end…