Author: NBTC

Importantly, it is significant for participation to remain consistent over time since it creates a solid base for transactions, stablecoin transfers, and payment processing. Source: X TRONSCAN also reported over 407 million accounts on its platform with over 15.7 billion cumulative transactions. Therefore, if the activity baseline increases as adoption grows, it may provide additional support to $TRX’s utility narrative. Therefore, the activity baseline could strengthen $TRX’s utility narrative as adoption expands. However, maintaining growth beyond 4.4 million accounts will determine whether this momentum becomes a larger adoption trend. $TRX ETF demand remains weak Meanwhile, that on-chain momentum is yet…

Notably, the growth has continued even without a corresponding increase in payment frequency. Paymentscan recorded 11.0 million transactions in September, down from 11.07 million in August, lifting the implied average transaction size to about $107. Active addresses also slipped to 283,761 from 287,634, though that measure is incomplete. Paymentscan counts addresses rather than individual users, and RedotPay, the market’s largest tracked program, does not report an active-address figure on the platform. That leaves September showing a market handling more money through fewer recorded payments, at least before the month closes. Base leads chain activity as RedotPay dominates card programs Coinbase-backed…

The first category does not touch the bond itself; rather, it transfers the beneficiary rights of a money market fund that invests in Japanese Government Bonds across a blockchain. The second category takes place in Japan’s current book-entry settlement system, fixing the transfer ledgers on-chain; it could be at a single account-management institution, across several coordinated account-management institutions, or in the Bank of Japan’s own ledger as the central transfer agent. The third category is the debut of a new kind of government bond that sits directly on a blockchain that is outside the existing settlement plumbing. On the panel…

Bitcoin indecisive as US bond yields return higher Data from TradingView showed $BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January. $BTC/USD one-hour chart. Source: Cointelegraph/TradingView US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs seen last week. The 10-year yield returned to 5.31%, with last week’s high at 5.34%. US 30-year bond yield one-hour chart. Source: Cointelegraph/TradingView Commenting, trading company QCP Capital reiterated that even recent cooler US employment data had not been…

For most investors, building a portfolio still means either buying a collection of stocks, bonds and funds themselves or handing the job to an asset manager. Tokenization may eventually blur that distinction. BlackRock, the world’s largest asset manager, offered a glimpse of what that could look like with Ondo Finance via Intelligent Portfolios, packaging professionally constructed investment strategies into individual tokens on the blockchain. The three portfolios, developed by BlackRock for Ondo, combine different assets into strategies focused on high income, diversified growth and high growth. Instead of buying and rebalancing the underlying investments separately, an investor can hold a…

OKX has released its 47th proof-of-reserves report, revealing 139,865 $BTC in user assets, which is a 4.07% increase from its last snapshot on August 11. This report, highlighted by CryptoTwitter commentator @WuBlockchain, underscores the exchange’s growing transparency and may influence trader confidence in the platform moving forward. Breaking It Down The latest report from OKX shows notable growth in user assets, with Bitcoin holdings increasing by 5,466 $BTC since August 11. Alongside this, user Ether assets rose by 3.49% to 1.786 million $ETH, and $USDT holdings jumped 4.62% to 8.49 billion tokens. The reserve ratios are also promising, standing at…

The Numbers Currently, Chainlink’s market activity reflects a broader trend of cautious optimism among investors, as the overall crypto market showcases mixed momentum. While specific price movements are not reported, Chainlink’s focus on developer education through LinkLab highlights its strategic push to solidify its market position. The ongoing emphasis on cross-chain capabilities suggests that the demand for interconnected blockchain solutions will likely increase, potentially driving future growth for Chainlink. Chainlink is a decentralized oracle network that enables smart contracts on various blockchains to securely connect to external data sources, APIs, and payment systems. The focus of the LinkLab initiative is…

Furthermore, the ministry clarified that this ability to convert wages into digital currency was available to all Russian citizens and occurred at the request of the person being paid. The institution also revealed that work was already underway to include the digital ruble in the budget process in partnership with the Bank of Russia. This follows a series of changes to the budget code to enable disbursement in this digital currency. Separately, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, stressed that the current ATM network might be interconnected with the digital ruble platform next year,…

Market Snapshot The broader market remains mixed, with various cryptocurrencies showing divergent performance trends. This regulatory approval could instill confidence among investors, potentially leading to greater institutional interest in compliant trading platforms. As PT Gudang Kripto Indonesia begins its operations under this license, the focus will be on how it influences competitive dynamics in the local crypto ecosystem. PT Gudang Kripto Indonesia operates in the digital asset trading sector, facilitating transactions for cryptocurrencies and other digital assets. OJK, as the financial services authority in Indonesia, oversees such entities to ensure compliance with national laws, aiming to protect consumers and maintain…

L2BEAT’s token data, retrieved at 11:30 a.m. ET on Oct. 8, counted about 6,797 $ETH. Its latest aggregate snapshot, for 10 a.m. ET, put Abstract’s total value secured at $33.38 million, including $17.74 million in canonically bridged assets. It classifies $ETH as canonical, while assets such as PENGU and Stargate-bridged USDC use external bridges. The wider total is not a measure of native-bridge $ETH exposure alone, or money already lost. An Ethereum Queue Is Not a Guaranteed Exit L2BEAT identifies two dependencies for withdrawals: getting a transaction included and getting the rollup’s state published on Ethereum. Users can submit transactions…