Author: NBTC
Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it. On December 2, the official account posted about the update on X, mentioning the five additions. As communicated, Axie Infinity (AXS), Blur (BLUR), Jasmy (JASMY), Kusama (KSM), and MultiversX (EGLD) have joined the Coinbase 50 Index. How is the Coinbase 50 Index built? With quarterly rebalances, the Coinbase 50 Index currently consists of 50 cryptocurrencies weighted by their circulating market…
In a significant move to promote crypto adoption, smart contracts platform Avalanche (AVAX) has introduced a credit card. The Avalanche Card will allow individuals to spend supported cryptocurrencies, including WAVAX, sAVAX, and USDC, at Visa-enabled merchants. Introducing the Avalanche Card! 🔺 Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted. Enjoy both physical and virtual cards, 24/7 dedicated support, and seamless transactions through popular apps. The future starts now! Join the waitlist and check out the full… 12:06 AM · Oct 22, 2024 Meanwhile, the initial rollout aims to boost financial accessibility and inclusivity in Caribbean and Latin…
Pro-XRP lawyer and U.S. Senate Candidate John Deaton highlights four things the next SEC Chair must do for the crypto industry on his first day in office. Deaton’s demands follow reports suggesting that U.S. President-elect Donald Trump has nominated a new chair for the Securities and Exchange Commission (SEC). Trump Nominates Paul Atkins as Next SEC Chair Yesterday, Trump announced the nomination of former SEC commissioner Paul Atkins to replace Gary Gensler as the next SEC Chair. The announcement, made via a Truth Social post, comes weeks after several reports highlighted Atkins as the top candidate for the position. Despite…
The ambition of StoneX Group for digital assets has become clear as its digital asset unit received approval from Ireland’s central bank to become a virtual asset service provider (VASP). New Irish License for StoneX Announced yesterday (Wednesday), the approval was granted to locally established StoneX Digital International, which can now operate as a digital asset business and will offer services to institutional clients. Brian Mulcahy, CEO of StoneX Digital; Photo: LinkedIn “StoneX Digital International Limited’s new status as a VASP underscores our dedication to supporting our global client base with secure, compliant, and reliable solutions in the rapidly changing…
M3 DAO, a decentralized web3 governance platform, has announced its strategic partnership with Bitgert. It is an exciting move that promises to reshape the landscape of blockchain technology. This collaboration aims to lead a new era of scalability and accessibility within the web3 space. It offers seamless solutions for both developers and users alike. 🥳 M3 DAO is thrilled to join hands with Bitgert @bitgertbrise, a groundbreaking crypto engineering organization known for its gas fee-free blockchain and super-fast performance with 100k+ TPS! 🚀 💪 This partnership marks a new chapter in driving blockchain innovation and… pic.twitter.com/xlSpYi7QDc — M3 DAO (@M3DAO_global)…
Leading cryptocurrency Bitcoin started the new week on the rise, with its price rising above $64,800. While this rise in BTC has increased investors’ expectations for Uptober again, Bloomberg said that China’s fiscal stimulus efforts and rising Trump expectations could push BTC higher this month. Disappointment in China’s fiscal stimulus efforts and rising approval ratings for former U.S. President Donald Trump could push Bitcoin higher this month, analysts told Bloomberg. China is trying to revive its economy but the government did not say how much fiscal stimulus it planned at its eagerly awaited weekend policy briefing, analysts said, adding that…
Orbitt (ORBT), a Solana-based (SOL) crypto platform, has launched a staking program with nearly $2 million in rewards, as outlined in the most up-to-date reports shared with Finbold on Tuesday, December 3. Launching on December 3, the staking initiative allows ORBT holders to generate passive income by relying on Orbitt’s buyback mechanism to not only enhance their holdings but also contribute to ecosystem growth. Orbitt staking program In addition to staking rewards, ORBT stakers will gain access to Orbitt PAD, a new launchpad for exclusive, rigorously tested projects. Orbitt promises up to $100 thousand in funding, marketing, and development assistance…
The team behind the Shiba Inu ecosystem announces an airdrop of 10 million Philtoken (PHIL) for SHIB holders, with beneficiaries guaranteed up to 500,000 PHIL. According to the announcement, Shiba Inu holders who participate in the airdrop have a chance of earning double the rewards. Airdrop Eligibility However, the airdrop is exclusive to only Shiba Inu holders holding SHIB since August 28, 2024, in non-custodial wallets like Trust Wallet and MetaMask. It is worth noting that the airdrop is conducted on a first-come-first-served basis. As a result, the first 10,000 eligible wallets will receive a minimum of 500 PHIL. How…
This is a segment from the Empire newsletter. To read full editions, subscribe. Crypto is “really exciting,” former SEC Commissioner Paul Atkins said in a podcast interview last year. In that same interview, he noted that the FTX collapse just happened to occur in crypto but essentially, fraud is fraud. He compared Sam Bankman-Fried’s actions to Bernie Madoff’s. Aside from public appearances, it’s clear that Atkins — who, in case you somehow missed it, is officially President-elect Donald Trump’s pick to take over the SEC — is not only knowledgeable about crypto but has been active in the space for…
PancakeSwap’s daily trading volume reached $1.27 billion on Dec. 4, the highest single-day trading volume the decentralized exchanged has seen since March of this year. According to data from PancakeSwap, BNB (BNB) Chain’s largest decentralized exchange saw its daily trading volume skyrocket by more than 60% from the previous day after the DEX launched its token launch platform PancakeSwap SpringBoard on Dec. 4. PancakeSwap currently ranks second on DeFi Llama’s DEX leaderboard by trading volume, beating out Raydium, Orca and Aerodrome. In the past 24 hours, the platform has accumulated $2.32 billion worth in crypto trading volume. Since March 2024,…