Author: NBTC

Pundi X continues to advance cryptocurrency accessibility by integrating ioPay, a multi-chain wallet developed by IoTeX, into its XPOS and Pundi X Pay systems. This new integration enables ioPay users to spend or top up their crypto directly at Pundi X merchants worldwide. The move simplifies crypto transactions, allowing users to manage multiple assets and engage with decentralized finance (DeFi) applications through a single wallet. https://t.co/vY0P3jGtWn — Pundi X Labs | Token2049 🇸🇬 (@PundiXLabs) September 17, 2024 ioPay Integration with Pundi X Elevates Multi-Chain Management With ioPay now supported on Pundi X platforms, users can seamlessly manage various cryptocurrencies across…

In a significant move among major Wall Street banks, Morgan Stanley will soon allow its financial advisors to offer Bitcoin ETFs to certain clients, CNBC reports. Starting Wednesday, the firm’s 15,000 advisors can pitch BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to eligible clients. BREAKING: Morgan Stanley tells wealth advisors they can pitch #Bitcoin ETFs, CNBC reports. pic.twitter.com/2tgSeR2yEm — Bitcoin Magazine (@BitcoinMagazine) August 2, 2024 Morgan Stanley’s move is in response to high client demand for Bitcoin. However, the bank is still maintaining a cautious approach to Bitcoin: only clients with a net worth of at least…

Controversy is not a new thing for the crypto industry. Over the years, the cryptocurrency sector has been jolted by several serious controversies. Now, a post published on X by TruthLabs has triggered a fresh controversy. This is what you should know about the latest controversy. Was Ethereum Built on Stolen Bitcoin? The core of the post is the allegation regarding the origin of Ethereum. The post shares a shocking theory about Etheruem’s origin. The theory says that Ethereum was created to wash Bitcoin stolen from major platforms like Mt. Gox, Silk Road and InstaWallet. The theory places the blame…

The US Fed will slash interest rates by 50 bps to the range of 450-475 on September 18, 2024. This reduction of the interest rate would prompt investors to invest in high-risk instruments such as Bitcoin and cryptocurrencies. Expect further rate cuts till mid-2023 at a scale of 275-300 bps by May 23 by May 2025. The Federal Reserve is expected to lower the federal funds rate by 50 basis points (bps) on September 18, 2024. This shift could influence financial markets significantly. The projected reduction of the rate from its current range of 500-525 bps to 450-475 bps reflects…

XRP, the controversial Ripple-affiliated cryptocurrency, is outperforming the broader market once again. According to data provided by CoinMarketCap, XRP is up 6.16% over the past 24 hours. This makes it the second best-performing in the top 100 (behind only Aave’s AAVE token). Neo (NEO), Tron (TRX), and Sui (SUI) have also recorded impressive gains over the past 24 hours. After adding 2.3% over the past hour alone, XRP managed to reclaim the much-coveted $0.6 level. As reported by U.Today, XRP formed the golden cross pattern, meaning that the token’s short-term moving average has now crossed a long-term one. This bullish…

Ripple’s chief legal officer Stuart Alderoty has taken part in Financial Markets Quality Conference 2024, where he spoke along with high-ranking representatives of such crypto giants as Robinhood, Grayscale and others. Once again Alderoty weighed in on the current lack of clear cryptocurrency regulations in the U.S., referring to this long-lasting situation as a “regulatory cloud.” He made a statement that once this “regulatory cloud” is removed and the U.S. gets “come policy clarity,” Ripple will become “the most trusted source for enterprise support for crypto solutions in the US!” 🚨BREAKING: @Ripple lawyer Stuart Alderoty says: “When this regulatory cloud…

The makers of Ethereum NFT card game Parallel—which hit the Epic Games Store in June—are rolling onto yet another new project, announcing a 3D first-person shooter game codenamed “Project Tau Ceti” at Token2049 in Singapore on Wednesday. In Tau Ceti, players will battle across a sci-fi planet using their Parallel NFT avatars. Unlike the upcoming AI-centric game Colony, which will be launched on the Solana blockchain, Project Tau Ceti marks a return to Coinbase’s Ethereum layer-2 network Base—this time on the recently launched B3 layer-3 gaming network. “B3 has the right mixture of technology and team experience to support what…

Michael Saylor, the cofounder and chairman of MicroStrategy, has delivered one of the most powerful speeches to Bitcoiners at an event in Nashville, Tennessee, United States. Addressing the crowd of attendees with the aid of PowerPoint slides, Saylor dissected the journey of Bitcoin as an asset and its impact on the economy. Michael Saylor and the Gospel of Bitcoin In a post on his X account, Saylor described the presentation as the most comprehensive and, perhaps, the most important presentation he has ever given on Bitcoin to date. The most comprehensive and, perhaps, most important presentation I’ve done on #Bitcoin…

Ethereum price started a recovery wave above the $2,320 resistance. ETH is now struggling to gain pace for a move above the $2,385 resistance. Ethereum started another decline from the $2,385 resistance. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,350 resistance to continue higher in the near term. Ethereum Price Attempts Recovery Ethereum price formed a base near $2,250 and started a fresh increase like Bitcoin. ETH…

The crypto staking landscape is constantly evolving, with new and remarkable shifts coming to light every now and then. A feature that was once primarily attributed to networks with proof-of-stake consensus mechanisms like Ethereum, developers have now brought staking and restaking to the Bitcoin blockchain. A report by the non-custodial staking services provider P2P.org outlined some major staking trends seen in the market over the past month. Trends in Ethereum Staking The Ethereum network has seen steady validator growth despite the current crypto market uncertainty, volatility, and lower rewards. P2P.org discovered that the blockchain witnessed a 1.49% growth in the…