Author: NBTC
The FED chose to keep interest rates unchanged for the second consecutive year, keeping the target range of the benchmark interest rate at 4.25%-4.50%. The decision to maintain the current interest rate was unanimous among Fed officials. However, a point of disagreement arose regarding the pace of balance sheet reduction. Fed member Christopher Waller opposed any slowdown in the balance sheet reduction process and wanted to continue at the current pace of reduction. Josh Jamner, senior investment analyst at Clearbridge, said the Fed’s economic forecasts point to a more challenging economic environment for 2024. “Policymakers are predicting a moderate economic…
Ankr’s integration of IOTA EVM into its Web3 API enables developers to build dApps efficiently without managing node infrastructure. The upgrade boosts transaction speed, scalability, and reliability, making IOTA EVM more accessible for DeFi, identity, and social dApps. Ankr has rolled out a game-changing upgrade by integrating IOTA EVM into its Web3 API service. The upgrade marks a major milestone in blockchain efficiency, allowing developers to build decentralized applications (dApps) with seamless connectivity. With Ankr’s RPC endpoints, developers can now interact with IOTA EVM nodes without the hassle of setting up their own infrastructure. 📣 @ankr RPC Nodes to support…
In a recently published tweet, Binance chief executive officer Richard Teng has highlighted the relatively recent achievements of the crypto exchange when it comes to security and compliance around the world. Binance CEO reveals recent achievements in security and compliance The CEO assured the community that Binance continues keeping its focus on security and compliance regardless of its strategy and new products it launches. Teng even shared a list of what Binance has achieved in these two spheres over the past year. That list says that Binance is a proud holder of 21 approvals from regulators in various countries. The…
Large market participants in the crypto industry seem to have capitalized on the recent market dip by snapping up Bitcoin at discounted prices. On-chain data supports the claim, showing that the large players received massive inflows on February 5th. Bitcoin clocked a new all-time high of $109,114 on 20th January 2025. However, the crypto asset has dipped significantly since then. According to data from crypto data aggregator CoinMarketCap, the crypto asset is down 12.39% from its all-time high price and is trading at $95,301 at the time of this publication. Whales accumulate Bitcoin despite the asset’s falling prices The recent…
Three senior leaders at Trump Media & Technology Group have launched a new blank-check company, aiming to acquire a firm in the crypto or related industries. This move comes as the Trump administration looks to influence the sector, according to a registration statement filed with the SEC on Friday. Renatus Tactical Acquisition Corp I, a special purpose acquisition company (SPAC) based in the Cayman Islands, aims to raise at least $179 million through an IPO and private placement. The funds will be used to acquire another business. Renatus Tactical is looking to acquire companies in crypto, blockchain, data security, and…
DeBox, a decentralized exchange which operates without central authority, teams up with Morph Pay, the global consumer layer and distribution hub for builders. The partnership is meant to provide advanced trading features to DeBox users. This collaboration is going to provide solutions to the problems in cryptocurrency payments. Moreover, this partnership will expand the adoption of cryptocurrencies and will make the users of DeBox able to promote and access financial ecosystems. By teaming up with Morph Pay, DeBox users are going to experience seamless payment gateway of Morph Pay. 🚀 Major Announcement! | DeBox 🤝 @MorphLayerWe’re thrilled to announce our…
The Bank of Montreal (BMO), one of Canada’s leading financial institutions with assets exceeding $1 trillion, has recently disclosed its holdings in various Bitcoin ETFs through a filing with the U.S. Securities and Exchange Commission (SEC). This disclosure aligns with regulatory requirements mandating that investment managers with over $100 million in U.S. exchange-traded securities report their holdings quarterly to the SEC. Bank of Montreal Invests More Into Bitcoin ETFs According to the filing, BMO holds positions in several prominent Bitcoin ETFs, including Fidelity’s FBTC, Franklin Templeton’s EZBC, BlackRock’s IBIT, and Grayscale’s GBTC. This move reflects a growing trend among major…
Today, Keeta (KTA) made headlines after a trader earned impressive returns following his acquisition of the asset a few days ago. This gain showcases the interesting yet risky rewards in the rapidly evolving crypto landscape. In the past 6 days, a trader has spent $124,769 $USDC to buy 7.64M $KTA across 3 different wallets.Currently, these $KTA are valued at $1.26M, resulting in a profit of $1.14M.Wallets:– 0x99704f6e29915e80e3f05cbe8f904d1a2d078e38– 0xe2be14a5e05df313c4da1636915d804b98bfe7e3-… pic.twitter.com/7gqun1mGg5 — Onchain Lens (@OnchainLens) March 19, 2025 Trader earns $1.14 million in six days Onchain Lens brought this remarkable trade into the limelight. Six days ago, the trader spent $124,769 USDC…
A bill recently gained clearance in the U.S. state of Utah to create a strategic crypto reserve, and market commentators are speculating on how XRP could qualify for the initiative. Notably, last week, the Utah House of Representatives passed the HB230 bill, which allows the state treasurer to allocate up to 5% of certain public funds to crypto assets. With this clearance, the bill now moves to the Senate for further approval. It would ultimately need the governor’s signature to become law. Asset Investment Eligibility Criteria Meanwhile, the bill sets specific criteria for digital asset investments. In particular, a qualifying…
The Open House Group, a leading real estate company listed on the Tokyo Stock Exchange, has announced that it now accepts XRP, Solana, and Dogecoin for payments. Open House, which added cryptocurrency payments to its accepted payment options in January this year, said it is expanding the offering to include three more crypto tokens. As well as XRP (XRP), Open House customers can now use Solana (SOL) and Dogecoin (DOGE) to handle real estate payments with the firm. With crypto adoption on the rise across the world amid regulatory clarity, Open House says demand for crypto transactions is huge. Given…