Author: NBTC

The race is on, and $5,000 is the finish line. But which asset gets there first—gold or Ethereum? On Myriad, the prediction market built by Decrypt’s parent company Dastan, traders have placed their bets: 65.5% of the money is on ETH reaching $5,000 before gold does.  It’s a bold call considering gold, trading for $4,115 today, is closer to the target, despite registering its biggest one-day correction in over a decade. But the technical analysis reveals why crypto traders might be onto something—and why they could be spectacularly wrong. Ethereum (ETH) price: Compression before explosion? Ethereum closed yesterday at…

Hong Kong authorities have concluded the second phase of the e-HKD pilot program, with the central bank digital currency launch mostly aimed at institutional clients. Summary The Hong Kong Monetary Authority (HKMA) has completed Phase II of its digital Hong Kong dollar pilot program, revealing that both e-HKD and tokenized deposits enable cost-effective, programmable, and secure transactions. Following the trials, the HKMA plans to prioritize the e-HKD’s development for wholesale financial applications, publish common tokenization standards, and complete policy, legal, and technical preparations by mid-2026. According to a report by local media, the Hong Kong Monetary Authority has completed the…

Crypto.com has introduced Cash Earn, a new high-yield cash feature for U.S. customers, according to an announcement the company shared on Wednesday, October 22. The program offers up to 5.00% annual percentage yield (APY) on cash balances, paid in Cronos (CRO) directly within the Crypto.com app. Green Dot collaboration brings FDIC-backed yield to Crypto.com users Powered by Arc, Green Dot’s embedded finance platform, Cash Earn enables users to earn on cash held in an FDIC-insured account. Balances are protected through a deposit sweep program by Green Dot Bank and its network of participating FDIC-insured institutions, providing coverage of up to…

ONTO Wallet announced today that it has added support for the X Layer Chain, giving its users direct access to the growing X Layer ecosystem. In a brief post on its official channel, ONTO said, “We are excited to integrate the X Layer Chain and fully support the X Layer ecosystem! You can now explore and interact seamlessly across the X Layer ecosystem within ONTO. Stay tuned for more updates!” The move brings X Layer, OKX’s zero knowledge Ethereum Layer 2, into another mainstream noncustodial wallet and furthers a pattern of wallet and infrastructure providers embracing the network. X Layer…

Investors who are interested in ether should closely monitor the digital currency’s “institutional integration,” as that development is crucial to the cryptocurrency’s future price fluctuations, said analyst Zach Friedman. “Traders should watch the rapid institutional integration of Ethereum, from record ETF inflows to major banks now accepting ETH as loan collateral,” said Friedman, cofounder and chief strategy officer for Secure Digital Markets. “Combined with the surge in tokenization, stablecoin growth, and Layer 2 expansion, Ethereum’s role in real-world finance continues to strengthen,” he added. “With staking yields encouraging long-term holding and supply remaining deflationary, these trends could set the stage…

South Korea’s central bank is contemplating a return to gold buying for the first time since 2013, signaling a potential shift in its reserve management strategy. The move comes amid growing demand for the precious metal, as investors seek protection from inflation and currency weakness. Bank of Korea Weighs Buying Gold Again According to the latest data by the World Gold Council (WGC), as of October, the Bank of Korea held 104.4 tons of gold, ranking 41st globally. It last added to its gold reserves in 2013, concluding a three-year buying spree that began in 2011. During that period, the…

US prosecutors are pushing back against efforts to introduce crypto policy arguments in the case of two brothers accused of exploiting Ethereum using maximal extractable value (MEV) bots. In a Tuesday filing in the US District Court for the Southern District of New York, US prosecutors opposed an amicus curiae — a brief filed by an interested party not directly involved in a case — that could encourage a jury to acquit Anton and James Peraire-Bueno. The two individuals are allegedly behind a $25-million MEV exploit of the Ethereum blockchain in April 2023. The letter addressed to the federal judge…

YouTube recently said that it will expand its ban on online gambling content to prohibit redirecting viewers to sites that offer “additional items that have monetary value,” including video game skins, cosmetics, and NFTs. The change will take effect on November 17. The announcement led to uproar across the crypto community, as creators anticipated that this would result in a blanket ban on crypto content, particularly crypto gaming content. However, a spokesperson for YouTube confirmed to Decrypt that this will not be the case.  “Content showing video game skins or cosmetics creators earn in games or general discussions about items…

Chicago — Hemi, the world’s largest Bitcoin yield-generating programmability layer, has partnered with Aster, a high-performance decentralized exchange (DEX), to list the $HEMI token for spot trading — unlocking a new onchain gateway for institutional Bitcoin yield. —Trading for the HEMI/USDT pair is officially open, accompanied by $400,000 in trading incentives designed to accelerate liquidity and reward early participants. Bitcoin’s DeFi Supernetwork Goes LiveHemi has rapidly emerged as the infrastructure powering Bitcoin’s programmable future — a modular network that fuses the strengths of Bitcoin and Ethereum into a single, interoperable superlayer. Since its Token Generation Event (TGE) in August, $HEMI…

Digika.ai is an AI-based freelancing platform, and CDARI is a Web3 retail platform designed on Matchain, the companies are working together to create a more productive environment. Their mission is to offer shopping, entertainment, rewards, and services on a blockchain-enabled roof. It is a strong step toward more substantive, user-facing, and practical applications of blockchain technology that respond more to real-world problems in e-commerce and gig economy. Bringing Together Two Complementary Ecosystems Digika.ai utilizes AI-driven project matching, multi-chain transactions, and community incentives to provide what its developers consider to be the foundation of future freelance work. The DGK token of…