Author: NBTC
The Bitcoin network is seeing a huge development with big amounts of locked $BTC tokens on diverse protocols and blockchains. As per the latest data, the cumulative $BTC amount locked on different entities is increasing, denoting the expansion in the trust in the respective technologies as well as their use cases. 🍊Total #Bitcoin Locked on Blockchains & Protocols Data from @BitcoinLayers ‘s dashboard🔸@Coredao_Org – 6850.85 BTC🔸@BitlayerLabs – 5377.44 BTC🔸@lightning – 5201.90 BTC🔸@Liquid_BTC – 3833.39 BTC🔸@rootstock_io – 2685.32 BTC🔸@build_on_bob – 1128.32 BTC🔸@Stacks -… pic.twitter.com/sVT74IFfM2 — Bitcoin Ecosystem (@BitcoinEcoTK) October 14, 2024 Bitcoin Network Sees a Huge Dominance with a Jump in…
Midas, a top player in the tokenized RWA sector, has announced a strategic collaboration with Oasis Protocol. The partnership aims at launching the cutting-edge $mTBILL coin via the Sapphire Network, the earliest confidential EVM in the market, to enhance DeFi security and accessibility. The platform announced this partnership on its official social media account. We’re excited to announce our partnership with @OasisProtocol to bring mTBILL to the Sapphire Network!As the first confidential EVM, Sapphire enables privacy-preserving smart contracts, making it the perfect home for mTBILL. pic.twitter.com/PZH3OqtwNr — Midas (@MidasRWA) December 4, 2024 Midas Partners with Oasis Protocol to Advance the…
The Philippine central bank has completed trials for a wholesale CBDC proof-of-concept designed to enable round-the-clock fund transfers among financial institutions. The Bangko Sentral ng Pilipinas has concluded testing for Project Agila, a proof-of-concept for a wholesale central bank digital currency aimed at streamlining interbank payments, the central bank revealed in a press release on Thursday, Dec. 5. The initiative allows financial institutions to transfer funds securely even during non-business hours, including evenings, weekends, and holidays, using distributed ledger technology hosted on Oracle Cloud Infrastructure, the press release reads. The pilot tested various aspects of the system, including functionality, performance,…
The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound. In light of this, data from IntoTheBlock (ITB) shows that Bitcoin, Dogecoin (ADA) and Cardano (ADA) are relying on their whales to fuel the rebound in the near term. BTC, DOGE and ADA whale similarity According to ITB data, the three digital currencies have a similar whale activity trend. Large transactions worth over $100,000 on the Bitcoin network have rallied by more than…
Bitcoin (BTC) broke out above $66,000, raising the expectations for ‘Uptober’, a month to abandon the latest price weakness. Two weeks into the month, however, BTC growth is still lagging from predictions and factors like the M2 money supply. Bitcoin may be preparing for a bigger rally, though there may be barriers to break. The past quarter saw BTC move sideways. At the same time, global M2 supply continued to flow, especially after the US Fed took the path of quantitative easing. In 2024, the M2 money supply started expanding again in April, rising from 103T to more than 107T…
The Sui blockchain hasn’t yet catapulted into the bull-run conversation. But its DeFi ecosystem is trending up and to the right, creating an opening for one of its biggest protocols to capitalize. Suilend, which facilitates crypto borrowing and lending on Sui, raised $2 million in February and just closed on an additional $4 million, its pseudonymous founder Rooter told CoinDesk. The funding trove will allow Suilend to weather potential market shifts, he said. “It’s the time to do it and make sure that we have capital to last for the next four years, if there’s a long bear market,” Rooter…
The analyst who wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Crypto-related equities jumped before the U.S. market open after bitcoin (BTC) broke through the $100,000 psychological barrier, adding 4% in 24 hours. Medical device company Semler Scientific (SMLR) led gains, adding more than 7% and approaching $70 a share. The company holds 1,570 BTC, according to bitcointreasuries.net. Self-described bitcoin development company MicroStrategy (MSTR), with 402,100 BTC, is up over 6.5%. It holds the most bitcoin among all publicly listed companies. MARA Holdings (MARA), with the second-largest stash, also rose more than 6%. The bitcoin miner…
The Trade and Logistics Information Pipeline (TLIP) is one of IOTA’s crowning glories, and it is transforming global trade. IOTA founder says that TLIP has “some exciting new RWA dApps coming up soon” as it expands beyond East Africa to the rest of Africa and Asia. IOTA has become a multifaceted network that has extensive reach in several major sectors. One of these is in global trade, a sector that’s critical to the growth of the global economy, where the Trade and Logistics Information Pipeline (TLIP) is leveraging IOTA to change how goods and services move globally. TLIP is a…
Bitcoin (BTC) could continue to rally as key on-chain metrics suggest that more upside is possible after clearing a critical resistance at $63,000, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin hit a daily and local high of $66,288 on Oct. 14 following a blistering rally that reignited traders’ optimism about the “Uptober” thesis. As of press time, BTC was up 4.8% over the past 24 hours and trading at $65,854, based on CryptoSlate data, Key metrics are bullish The realized price of unspent transactions output (UTXO) age bands are an important market indicator and are commonly…
Mawson Infrastructure Group, a company known for its role in building data centers for Bitcoin miners and artificial intelligence, is under attack from creditors. With its cash reserves falling below $6 million, creditors in Australia, including W Capital Advisors and Marshall Investments, have filed a Chapter 11 petition in Delaware. The creditors claim the mining firm owes over 13.5 million Australian dollars ($8.7 million). The filing, made on Wednesday, wants to legally push the company into bankruptcy. While Mawson fights for its survival, its stock surged 54% in after-hours trading following confusion over whether the company had already filed for…