Author: NBTC
The SEC delayed Canary Capital’s application for a Litecoin ETF today, opening public comments over the proposal’s compliance with regulatory requirements. The price of LTC fell 5% after the announcement. The public comment aspect doesn’t appear to signal the Commission’s intentions; this could be a standard delaying tactic. Nonetheless, the market immediately took it as a bearish signal. Will the SEC Reject Canary’s Litecoin ETF? A few months ago, analysts proposed that the Litecoin ETF was more likely to win SEC approval than any other altcoin ETF. Its Polymarket odds briefly reached 85% in February, and today’s SEC deadline further…
BNB Chain has recently welcomed a new title that’s sparking excitement across the Web3 gaming space — Dragonz Land. At first glance, it looks like another tap-to-earn game. But scratch the surface, and you’ll find a deeper, strategic trading card game (TCG) experience wrapped in rich lore, real competition, and immersive progression. Unlike most tap-to-earn apps that offer little beyond repetitive mechanics, Dragonz Land combines classic deck-building with storytelling and blockchain-powered ownership. Built by UK-based Dragonz Lab, the game has already secured a $9 million investment led by Syndicate Capital LPF — a venture fund focused on blockchain and AI.…
John D’agostino, head of Strategy at Coinbase Institutional, has paid a visit to CNBC’s Squawk Box show to share his take on what has fueled today’s Bitcoin’s brief surge above $105,000. He also revealed a very important thing about Bitcoin ETFs that has been largely overlooked since their launch. Bitcoin is not “gold” and not “Nasdaq,” D’agostino says Co-host Andrew Sorkin started the dialogue by reminding everyone that, in the fall last year, Bitcoin dipped below $74,000, then it soared to an all-time high of $109,100 on Jan. 20. Now, after spending several times below $90,000, BTC has finally come…
Ripple will sunset its quarterly XRP markets reports in its current form after Q2 2025, with newer versions including deeper insights as the token grabs more demand among institutional investors. The quarterly XRP Markets provides transparency into Ripple’s XRP holdings and updates on the state of the crypto markets and the XRP ecosystem. “However, the reality is that the report has not had the intended effect,” Ripple said in its Q1 2025 report Monday. “In many instances, Ripple’s transparency has been used against the company, most notably by former SEC leadership.” “As more institutions engage with XRP, additional perspectives and…
Michael Saylor just dropped another $1.34 billion on Bitcoin (BTC), adding 13,390 BTC at an average of about $99,856 per coin. That brings Strategy’s total to 568,840 BTC, bought for roughly $39.41 billion, with an average cost of $69,287. Thus, it is the same playbook as almost every Monday – buy more, hold longer. But Peter Schiff is not buying the logic as probably the most vocal cryptocurrency critic calling out what he sees as the obvious problem – if the next move in Bitcoin’s price is down, Strategy’s position could start cracking fast. According to Schiff, Saylor’s latest buy…
A recent post on social media has stirred up fresh debate in the crypto community, raising the question: Is XRP’s price being suppressed beyond the SEC lawsuit? The post quickly went viral, with some calling it unnecessary fear-mongering and others suggesting it hints at possible market manipulation. What Was Said? The post argued that Ripple’s monthly XRP sales, unusual network patterns, and historic price movements — particularly during XRP’s famous 2017 rally — hinted at possible price suppression. It even cited a study that found a negative connection between XRP’s transaction network and its price performance. Naturally, this raised plenty…
Bitcoin Knots, a conservative implementation of Bitcoin (BTC) blockchain node software, has surprisingly gained traction following the decision of Bitcoin Core developers to retire OP_RETURN size limit. This limitation served to protect Bitcoin (BTC) from being utilized for nonpayment use cases. Bitcoin Core nodes users going to Knots after debated OP_RETURN move In recent days, Bitcoin (BTC) node operators are dropping Bitcoin Core, the most mainstream implementation of its node software. Instead, the share of Bitcoin Knots nodes, i.e., a number of computers using the conservative version of software maintained by Luke Dashjr, is rocketing like never before. As demonstrated…
RWAI, backed by RWA Inc., the first ecosystem to launch fractional assets on blockchain using advanced Web3 tech, made an official announcement today. Through its official X account, RWAI has confirmed the successful launch of the $RWAI token on May 11 at 11:00 UTC on Virtuals Genesis. This is an exciting event for those traders who are keen to participate in AI agent projects. 🚀 RWAI just launched on the @Virtuals_io Genesis platform!Backed by @rwa_inc_, RWAI is an AI agent for crypto research, reporting, and launch. It’s built to support three key groups:💎 Investors, by helping them discover high-potential projects…
Bitcoin’s (BTC) price surged past the $103,000 mark Monday, from bullish momentum that analysts believe may carry the asset toward a new all-time high (ATH). This powerful Bitcoin rally is directly fueled by a joint statement released in Geneva. The statement confirms the United States (US) and China have agreed to temporarily slash tariffs on each other’s goods. Effective by May 14 for 90 days, US levies on Chinese goods will drop from 145% to 30%, while Chinese duties on US goods will decrease from 125% to 10%. Cooling US-China Trade Tensions Boost Risk Asset Appeal This US-China trade agreement…
Ripple CEO Brad Garlinghouse has announced that the enterprise blockchain company will no longer release its XRP markets reports on a quarterly basis. From now on, Ripple’s XRP holdings will still be published on the company’s official website. The community will now be able to receive updates about the company and XRP via a series of social media and blog posts. They will no longer be bundled within a single report, which will potentially reduce the legal weight of such disclosures. Ripple originally started publishing the reports back in 2017 in order to ensure greater transparency. Garlinghouse claims that the…