Author: NBTC
Grammy-award-winning musician Drake posted a clip of Michael Saylor speaking about bitcoin on his Instagram account on Tuesday. The rapper was previously active in the digital assets space when he placed bets for the 2022 Super Bowl through bitcoin and as an ambassador for crypto Grambling site Stake. Canadian rapper Drake on Tuesday shared a clip of Michael Saylor’s interview on CNBC on his Instagram account, reaching over 146 million followers. Drake, who goes under the username “champagnepapi” on the social media app, reshared a clip from bitcoin_memes_daily, which captioned the video “Michael Saylor on Bitcoin.” Saylor on Monday told…
Galaxy, Lightspeed Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
Turnkey, a company that builds wallet infrastructure for blockchain developers, has raised $15 in a Series A funding round led by Lightspeed Faction and Galaxy Ventures. Co-founded by a pair of former Coinbase employees who helped build the U.S. crypto exchange’s custody service, Turnkey aims to help application developers build user-friendly blockchain wallets. The funding round, officially announced on Tuesday, included participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures. It closed last October and follows a $7.5 million seed round from 2022. “Turnkey is at its simplest level, secure, flexible and scalable wallet infrastructure,” CEO Bryce Ferguson…
Ledger and MoonPay have joined forces once again. This dynamic partnership is poised to not only simplify the process of owning and transacting with cryptocurrencies but also to fortify the trust and security associated with digital asset management.—Paris, France & Miami — Ledger, the renowned global platform for digital assets, and MoonPay, a leading Web3 infrastructure company, have unveiled an array of collaborative initiatives aimed at ushering in a new era of crypto empowerment. Their shared vision? To make navigating the world of cryptocurrencies effortless and secure for users of all levels of expertise.Building upon their initial collaboration in 2021,…
Today, more than 25 leading organizations joined forces under the banner of the ‘Bitcoin Deserves an Emoji’ movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin’s multifaceted role in society as a revolutionary technology, a form of money, and a cultural phenomenon. “Bitcoin’s journey reflects a remarkable blend of innovation and community,” stated Kosta Kantchev, Co-founder & Executive Chairman of Nexo. “It’s time its significance is recognized universally, starting with a symbol we all understand – an emoji. Join us in making history.”…
The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion. According to DefiLlama, the project team lifted restrictions on pool limits, which caused a noticeable increase in total value locked (TVL). This figure was $11 billion at the beginning of March, increasing by $4 billion in less than two months. Source: DeFiLlama EigenLayer’s TVL still needs to be improved to reach Lido Finance’s liquid staking protocol, which sits at $29.6 billion. You might also like: Glassnode: Restaking brings new yield opportunities for Ethereum community In April, EigenLayer reached 115,000 unique users, according to Dune Analytics. In…
eToro and 21Shares Join Forces to Launch A “Data-Driven” Crypto Portfolio for Retail Investors
Crypto trading firm eToro has partnered with 21Shares, the world’s largest issuer of crypto exchange-traded products (ETPs), to introduce a new crypto portfolio for retail investors. Called 21Shares-Flows, the portfolio aims to provide retail investors with a dynamic and data-driven approach to crypto investing, according to a Tuesday press release. It holds actual cryptoassets and leverages insights derived from monthly flows into European crypto ETPs. The flows are segmented by underlying assets, including popular cryptocurrencies like Bitcoin, Ethereum, and various altcoins. 21Shares-Flows to Adjust Allocation Based on Market Dynamics By tracking investor preferences and market dynamics, the portfolio adjusts its…
Leading social intelligence platform LunarCrush highlights four factors indicating that Shiba Inu (SHIB) is signaling bullish trends. LunarCrush shared these positive indicators in a post yesterday, suggesting that SHIB could witness a potential uptrend. 🐂 $SHIB is signaling bullish… ✅ Increasing social activity✅ Rising price action✅ Accelerating market volume✅ A very strong LunarCrush AltRank™ of 2 View the data at https://t.co/3NbRjXLeTb @Shibtoken pic.twitter.com/Ems1p6LHwg — LunarCrush (@LunarCrush) April 4, 2024 According to LunarCrush, the indicators include a surging social activity, an uptick in SHIB’s price action, growing market volume, and an outstanding LunarCrush AltRank™ of 2. Data from LunarCrush shows that…
The New York Stock Exchange is seeking opinions from market participants about shifting the U.S. stock market to a 24/7 operating schedule. Round-the-clock trading became popular during the Covid-19 pandemic, when the trading of cryptocurrencies picked up and retail investor interest blew up. A Steve Cohen-backed trading platform, 24 Exchange, is currently awaiting a decision from the SEC on whether it can launch the first 24/7 exchange. The New York Stock Exchange has asked market participants about how they’d feel if the market operated 24 hours a day, the same schedule that cryptocurrencies use, the Financial Times reported. NYSE, whose…
Chainlink, a leading decentralized oracle network and issuer of $LINK, has announced significant adoption growth. Recently, various Chainlink services have been integrated by 10 different platforms. These integrations span across a variety of chains, demonstrating the versatility and utility of Chainlink’s offerings in the blockchain space. ⬡ Chainlink Adoption Update ⬡There were 10 integrations of 5 #Chainlink services across 8 different chains: @arbitrum, @avax, @base, @BNBCHAIN, @ethereum, @Optimism, @0xPolygon, and @WemixNetwork.New integrations include Base, @CryptexFinance, @DinariGlobal, @HypeSaintsNFT,… pic.twitter.com/vDDkJqKGNL — Chainlink (@chainlink) April 21, 2024 Chainlink Services Power Blockchain Integration and Innovation The integrations encompass five key Chainlink services. These services…
On Monday, crypto-related stocks in the United States saw significant increases, reflecting a broader market rally just days after the Bitcoin halving. Despite the event, which reduced mining rewards to 3.125 BTC per block, some of these stocks recorded double-digit percentage gains. Double-digit Percentage Gains According to data from Google Finance, the country’s five largest publicly traded Bitcoin miners, including Marathon Digital (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), Cipher Mining (CIFR), and Hut 8 (HUT), all witnessed substantial gains over the April 22 trading day. These gains have also carried over into after-hours trading sessions, indicating sustained momentum. Stronghold Digital…