Author: NBTC

Pakistan, one of the top 10 nations for remittances from abroad, may leverage blockchain technology to streamline the process, Bilal bin Saqib, chief adviser to the finance minister and a member of the recently established Pakistan Crypto Council (PCC), said Monday. Overseas Pakistanis sent over $31 billion in 2023-24 via traditional channels that are often slow and expensive, Saqib told CoinDesk in an interview. Fees can exceed 5%. Remittances are earnings that migrants send back home, either as cash or as goods. The cash from abroad is a lifeline in many countries, where it acts as a buffer during crises…

Bitcoin is currently trading within consolidation phase, but veteran trader Peter Brandt has identified when the asset could secure a breakout. In his latest analysis, the market veteran highlighted the importance of this structured price action and pointed to an upcoming critical moment for Bitcoin between Feb. 24 and 26. Notably, his analysis suggests that this period could determine the next major move in Bitcoin’s price. Brandt’s Symmetrical Chart Pattern The accompanying daily chart confirms Bitcoin’s range-bound movement. For context, the price has consistently oscillated between highs of around $106,000 and lows near $90,500. Citing data from the chart, Brandt…

The total value locked (TVL) in multiple cryptocurrency projects achieved significant growth. The research document published by Phoenix Group uses data from DeFiLlama to present the top projects based on their TVL weekly growth performance. TrueFi (TRU) stands as the top project with $260.2k increase in its TVL representing a 424% surge surpassing other projects in terms of locked value. TOP PROJECTS BY WEEKLY #TVL GROWTH$TRU $MINT $MPL $ZRC $NOTE $EUL $VELO $LVL $ERN $LON $IDLE $PUFFER $BLUE $CPOOL $BMX pic.twitter.com/qz6WsIuPLx — PHOENIX – Crypto News & Analytics (@pnxgrp) March 9, 2025 Three DeFi projects Mint ($MINT), Maple ($MPL), and…

Smart money accumulates ETH in the reload zone, signaling potential upward movement. Ethereum’s $2K support holds strong, but a breakdown could trigger further declines. Bearish sentiment grows, increasing the chance of a short squeeze and price reversal. Ethereum—ETH, just dropped into the Reload Zone (RLZ)— where smart money looks to buy. This price range has always attracted smart money, the capital that moves before the crowd. The latest dip brought Ethereum back to $2K support, a key level since December 2023. Buyers and sellers are battling for control, and the outcome could decide the next major trend. #Ethereum IS NOT…

Solid strength in the U.S. employment market continued in February, though the unemployment rate ticked higher. Nonfarm payrolls rose 151,000 last month, the Bureau of Labor Statistics reported Friday morning. Economist forecasts had been for a gain of 160,000. January payroll growth was revised lower to 125,000 versus an originally reported 143,000. The February unemployment rate was 4.1% against forecasts for 4.0% and January’s 4.0%. Seeing major price swings (mostly to the downside) for the last couple of weeks for any number of reasons — tariff threats, stock market plunges, and the idea of a U.S. strategic reserve (no longer…

Regulatory scrutiny intensifies surrounding spot ETF proposals amid ongoing legal battles and market manipulation concerns. Key Takeaways The SEC will decide on the Grayscale XRP ETF by October 18, 2025, after a 240-day review process. The ETF conversion faces hurdles due to XRP’s legal status and the SEC’s cautious approach to altcoin ETFs. The Securities and Exchange Commission will decide on Grayscale’s proposed XRP ETF by October 18, 2025, following the filing’s official posting to the Federal Register today. 🚨NEW: @Grayscale’s $XRP ETF (19b-4 filing) has officially been posted to the Federal Register. All this means is that the clock…

OORT’s decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility. Olympus Protocol becomes the first decentralized AI-based ecosystem to integrate the USDC (USDC) stablecoin, opening the door for real-world use cases and establishing a practical and functional infrastructure with ample liquidity and financial stability for evolving DeAI projects. By integrating USDC into the Olympus ecosystem, businesses will be able to process AI-driven transactions securely and efficiently using the Circle-issued stablecoin. Moreover, AI companies that use the Olympus Protocol for storage and compute power can make USDC transactions. Thus,…

A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice The total capacity of Bitcoin’s Lightning Network has jumped 384% since 2020 as an increasing number of institutions jump onto the BTC bandwagon, according to a recent research report by Fidelity Digital Assets, the crypto arm of behemoth money manager Fidelity Investments which manages more than $15 trillion. The report, published on Wednesday by Fidelity Senior Digital Asset Research Analyst…

Injective unveiled iAssets, a financial primitive designed to bring real-world assets (RWAs) like stocks, commodities, and foreign exchange (FX) on-chain. Per reports, unlike previous tokenized representations, iAssets are fully programmable financial instruments, offering capital efficiency, deep liquidity, and seamless composability across financial applications. This innovation reportedly addresses long-standing inefficiencies in both traditional finance (TradFi) and early decentralized finance (DeFi), creating a hybrid financial system that enables users to trade, hedge, and utilize RWAs without the constraints of centralized markets or excessive capital requirements. Let’s explore how iAssets work, why they are revolutionary, and what they mean for the future of…

Cryptocurrency analytics firm MakroVision has shared its latest assessment of Ethereum’s (ETH) price action, revealing key technical levels that could determine the next market move. Although Ethereum has shown signs of stability in recent days, it remains close to recent lows as a sustained recovery has yet to materialize. Ethereum continues to underperform relative to the broader crypto market after falling below its lowest level since August 2024 in a sign of ongoing weakness. However, MakroVision notes that the sharp correction, marked as a (C) wave, could be a necessary jolt to build momentum for a potential recovery. MakroVision has…