Author: NBTC

Vanguard has said it doesn’t believe in crypto’s investment case, and it doesn’t allow bitcoin ETFs to trade on its platform. But the fund giant’s new CEO, Salim Ramji, led BlackRock’s ETF business as the company spurred an industry double-take with its bitcoin ETF filing last year. So something’s got to give, right? Maybe not soon, but ultimately yes, according to Ric Edelman, founder of the Digital Assets Council of Financial Professionals (DACFP). Ramji was BlackRock’s global head of iShares and index investing before leaving the world’s largest asset manager in January. He started his career leading the firm’s corporate…

The mysterious leader of the Shiba Inu team known within the SHIB community as Shytoshi Kusama has emerged on the X social media platform after a period of low activity. He revealed where he has been over the past week, when he hardly posted on the X platform. SHIB lead returns to X from travel Shytoshi Kusama unveiled the reason for his absence – the SHIB lead had been traveling to the Middle East, where he had been having “an incredible time meeting and understanding the culture of my cousin.” Kusama accompanied his tweet with a #shibarmystrong and #inshallah hashtags.…

The new cryptocurrency law was published in the Official Gazette of the Turkish Republic after approval by Parliament. It not only legalizes digital currencies, but also introduces strict supervision and penalties for unauthorized activities. New cryptocurrency law in Türkiye marks a significant shift in how digital assets are perceived and managed in the country. The law was developed with the participation of the Capital Markets Board (SPK) and introduces comprehensive regulatory standards. In particular, cryptocurrencies are classified as “intangible fixed assets” in the Capital Markets Law. This classification offers a clear legal definition, increasing the legitimacy of cryptocurrencies in the…

OKX, a trailblazer in Web3 technologies, has announced the integration of its OKX Wallet with Avantis, a full-spectrum decentralized exchange (DEX) platform. This partnership marks a significant step towards enhancing the trading capabilities and user experience for the OKX community.This integration offers a comprehensive platform for trading and market-making in crypto, forex, and commodities. The OKX Wallet now serves as a gateway to Avantis, enabling users to engage with the DEX directly through the OKX Wallet web extension. This integration empowers users to effortlessly navigate and execute trades on Avantis’s platform, which is known for its advanced decentralized leveraged trading…

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials collected up to $500,000 in bribes monthly and called for the resignation or interrogation of ANDE’s President Felix Sosa on this matter. Senator States National Power Administration of Paraguay (ANDE) Officials Receive Bribes to Allow Illegal Bitcoin Farms to Operate Senator Salyn Buzarquis has uncovered an alleged corruption scandal involving high-ranking officials of the National Power Administration of Paraguay (ANDE) in connection with illegal bitcoin mining farm operators. Buzarquis stated…

IceCreamSwap, a decentralized exchange renowned for its AI-powered DEX aggregator, has officially launched on the Mint Blockchain. This platform is designed to enable users to trade tokens at optimal rates. Significantly, it enhances the trading experience within the Mint Blockchain ecosystem. 1/ Big Announcement! 🎉IceCreamSwap, a decentralized exchange with an AI-powered DEX aggregator that enables users to trade tokens at the best rates, is live on the @Mint_Blockchain! 🚀Learn how this integration will revolutionize the Mint Ecosystem. 🧵👇 pic.twitter.com/uT1hcoxmgU — IceCreamSwap (@icecream_swap) July 2, 2024 Mint Blockchain Boosts NFT Market with AI DEX Aggregator Mint Blockchain is a Layer 2…

According to Eric Balchunas, Bloomberg’s senior ETF manager, investment advisory firm Pine Ridge Advisers has emerged as yet another major holder of Bitcoin ETFs. The firm has snapped up an impressive $205 million worth of shares of Bitcoin ETFs from such issuers as BlackRock’s IBIT, Fidelity’s IBIT, and Bitwise’s BITB. Notably, the sum accounts for 23% of the total assets under management. More than $100 million worth of inflows The ARK 21Shares Bitcoin ETF, which is known as ARKB, managed to record $133.1 million worth of inflows on Tuesday. Fidelity’s FBTC and the Invesco Galaxy Bitcoin ETF (BTCO) recorded relatively…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional banking has often been scrutinized and seen as somewhat villainous due to its rigidities, predatory practices, and opaque systems. However, it’s integral to our societal structure, serving as the backbone for managing money in our day-to-day lives. And while they may be vilified and demonized, banks are still largely the most trusted place to store your money and put it to work. That could soon change. You might also like: Embracing institutions today will keep defi’s…

Data shows that the PEPE meme coin has attracted more significant interest in the past few days than more prominent assets like XRP and Shiba Inu. This heightened interest is particularly observable in the cumulative trading volume PEPE garnered in the last 30 days. PEPE Beats XRP, Shiba Inu in 30-Day Volume According to CoinMarketCap, PEPE achieved a staggering 30-day trading volume exceeding $41 billion. During this time, market participants traded 2.86 quadrillion PEPE tokens. However, XRP, the seventh most valuable crypto, recorded a trading volume of $34.2 billion during the same period. This falls short of PEPE’s volume by…

Paxos Digital Singapore Pte. LTD. received approval from the Central Bank of Singapore to offer digital payment token services. This approval allows Paxos to issue stablecoins that comply with Singapore regulatory standards. The Monetary Authority of Singapore (MAS) has granted Paxos the Major Payment Institution status, a testament to the company’s credibility and commitment to regulatory standards. With this approval, Paxos becomes a member of a group of 19 organizations authorized under Singapore’s stringent financial regulations. The move will expand the availability of US dollars by distributing stablecoins to a wider audience. Paxos’ approval to issue stablecoins in Singapore reflects…