Author: NBTC
Alchemy Pay, a Singapore-based payment gateway bridging crypto and fiat currencies, has partnered with South Korean firms Danal and Danal Fintech to expand their global reach and enhance payment solutions. 🚀#AlchemyPay, Danal, a leading integrated payment business company, and Danal Fintech, the largest virtual asset payment service in Korea, announced the signing of a strategic partnership agreement📜.This agreement aims to enhance the competitiveness of both parties’ payment… pic.twitter.com/YuYjU9nniH — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) June 25, 2024 This agreement demonstrates a commitment to creating synergies through a stronger partnership and an expanded payment ecosystem. By combining their expertise in…
Macro strategist Jim Bianco is blowing up the narrative that institutions and high-net-worth investors are the ones heavily accumulating shares in Bitcoin (BTC) exchange-traded funds (ETFs). Bianco tells his 398,400 followers on the social media platform X that new mandatory 13F filings with the U.S. Securities and Exchange Commission (SEC) reveal the breakdown of investor types in the spot BTC ETFs for the first quarter of 2024. “Anyone with over 5% beneficial ownership or at least $100 million in assets must file a 13F within 45 days of the end of the quarter. This was May 15th. ~7,000 were filed.…
Ethereum price consolidated within the $3,550 – $3,400 narrow range over the weekend however, spikes in on-chain activity suggests investors are now bracing up for a major swing in market momentum in the week ahead. Ethereum Price Volatility Heightens as ETF Launch Nears ETH, the second-largest cryptocurrency, has been subject to intense market volatility over the past week. Prolonged delays surrounding the official launch of the newly-approved ETH spot ETFs has triggered anxiety, not only among Ethereum holders, but investors across the global crypto markets as well. However, the latest filings reported by Bloomberg shows that the likes of Blackrock…
Howdy! If you’re reading this, I’m somewhere in New Hampshire, hopefully not getting eaten by a bear. In honor of New Hampshire’s (awesome) state motto of “Live Free or Die,” let’s dive into an entirely market-based governance system that’s currently being tried on Solana. It’s fun Friday! MetaDAO pioneers “futarchy” governance on Solana Solana has been the land of native token airdrops for the past several months, and with these airdrops often comes governance processes for which to use these new tokens. But even at its best, DAO-based governance can suffer from low turnout and misaligned incentives. On Solana, MetaDAO…
US Representative Jamaal Bowman, one of the anti-crypto Congressmen who voted against the FIT 21 bill, lost to Democratic George Latimer in the New York primary, according to Fox Business journalist Eleanor Terrett. The victory was partially influenced by the pro-crypto lobby group FairShake, which launched a $2 million publicity campaign against Bowman last week. “Jamaal Bowman fought against setting clear rules of the road for the crypto and blockchain industry, and tonight he’s looking for a new job. The crypto and blockchain community will continue to support candidates who believe in innovation and job creation and reach across the…
BloodLoop, an Overwatch-style shooter, launched its play-to-airdrop campaign amid its Epic Games Store launch on PC. The 5v5 hero shooter is now available via the Epic Games Store, putting the Avalanche-based game in front of a user base of 75 million monthly active players. In an attempt to drive awareness and reward early players for testing the game, the project has launched the first season of its play-to-airdrop campaign. Players can now log onto BloodLoop to complete daily and weekly quests, which grant points. These points then place the user in a rank which, at the end of the campaign,…
Bybit, one of the world’s top three crypto exchanges by volume, announced the completion of its 11th Proof of Reserves (PoR) audit. This third-party audit was completed by Hacken. It is an industry leader in blockchain security. It has increased trust and freedom for Bybit’s consumers. That is why the audit confirms the over 100% level of Bybit reserves to user deposits for 40 selected cryptocurrencies. It also indicates the company as one of the largest crypto exchanges that use a third-party security audit for the PoR methodology. Bybit CEO Stresses Trust with Third-Party Audit Commitment Ben Zhou, Co-founder and…
Samson Mow, chief executive officer at Bitcoin-focused company Jan3 and a renowned BTC maximalist, has commented on the latest Bitcoin price surge which allowed the biggest cryptocurrency to regain the $71,000 price mark. Mow has again predicted the coming of an Omega Bitcoin candle soon. An Omega candle, as Mow explained in a recent interview and in multiple tweets, is a large trading candle on a Bitcoin chart accompanied by high volatility moves. Omega is coming. ♎️ — Samson Mow (@Excellion) May 20, 2024 Bitcoin reclaims $71,000 The world’s flagship cryptocurrency Bitcoin has finally succeeded in climbing back above $71,000…
Ethereum’s price performance certainly raises some serious questions, as the second-biggest cryptocurrency on the market is clearly losing momentum and is unlikely to gain enough traction for a bounce right now. But fundamentally, it has at least five reasons to recover sooner than expected. Mt. Gox does not have any ETH The imminent risk of a massive sell-off from Mt. Gox is one of the major factors weighing on Bitcoin. The trustee of the defunct exchange is scheduled to return a sizable portion of Bitcoin to creditors, which may intensify selling pressure. Due to this, Ethereum has a clear advantage…
There have been tremendous increases in Bitcoin and altcoins since the beginning of 2024. While spot Bitcoin ETFs played a major role in the rise in BTC, some altcoins surpassed BTC with their rise. Chinese cryptocurrency journalist Wu Blockchain said in his post that some of the altcoins in the top 100 cryptocurrencies by market value have surpassed the largest ones, Bitcoin and Ethereum. It was stated that the Wu Blockchain team ranked the top 100 altcoins whose growth exceeded Bitcoin this year. Stating that, according to the data, 23 altcoins have surpassed BTC and ETH with their rise since…