Author: NBTC

To talk about the future of digital payments, senior executives from the crypto and regulatory sectors convened at the Blockchain Expert conference in Tel Aviv. Experts at the event said that “all payments worldwide will be instantaneous in just a few years.” Stablecoins Lead Blockchain Transfers “Most transactions processed by Fireblocks, and blockchain in general, are predominantly in USDT and USDC,” revealed Idan Oferat, co-founder of Fireblocks, during the Stablecoin Panel at Blockchain Expert. He added that Fireblocks has processed more than $3 trillion in client transfers, of which more than 50% are stablecoins, up from 45% earlier this year.…

Bitcoin (BTC) opened December in a tight consolidation range after teasing the $100,000 psychological resistance in November. As this new month starts, Finbold looked at Bitcoin’s historical returns to provide a BTC price projection for December 31. In hindsight, Bitcoin closed November with 37.29% gains, within Finbold’s predicted price range using this same methodology. On November 2, we published the BTC price prediction targeting a monthly close between $75,275 and $100,334, while the leading cryptocurrency was trading at $69,495. Bitcoin closed November 30 at $96,451, validating the method, which we will now repeat for this month. Bitcoin historical returns in…

Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after the Israel Securities Authority (ISA) granted permission for the products, Calcalist reported on Wednesday. All six will start operations on the same day, Dec. 31, a condition imposed by the regulator, Calcalist said. Final approval for the funds was granted last week. The funds will be offered by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI, with management fees ranging from as high as 1.5% to 0.25%. One of the funds will be actively managed, trying to beat bitcon’s performance. They will…

Basketball star Scottie Pippen, who is known for winning six NBA championships with the Chicago Bulls in the 90s, has suggested that the Ripple-affiliated XRP cryptocurrency might end up a game-changer in 2025. “ETH vs. XRP… Who’s changing the game in 2025?” he asked his followers. The two cryptocurrencies used to battle for the second spot by market cap. Following its gargantuan rally, XRP has once again come closer to challenging Ethereum’s second spot. Pippen’s sudden fascination with cryptocurrencies remains a mystery. In 2022, he followed a broader celebrity trend and dabbled in non-fungible tokens (NFTs). However, earlier this year,…

Union Square Ventures has transferred 578,000 $UNI tokens to Coinbase Prime in the past nine hours, which is worth approximately $8.45 million. The action is part of a wider trend of the move of Uniswap (UNI) tokens sticking by USV previously this month, as reported by Ember Scan. On Dec. 19, the UTIMCO-backed venture capital firm transferred an additional 1.156 million UNI tokens to Coinbase Prime, which was valued at approximately $17.34 million at the average price of $15.07 per historical data. USV 在 8 小时前继续向 Coinbase Prime 转移了 57.8 万枚 $UNI ($8.45M)。USV 从 12/6 开始将 2020 年通过投资获得的 UNI 转移至…

As noted by James Check, the lead analyst for Glassnode, business intelligence firm MicroStrategy has a cost basis that is identical to that of your average Bitcoin buyer. Glassnodes’s True Market Mean (TMM) metric estimates the cost basis of all coins acquired on secondary markets. The firm claims that TMM is “one of the most accurate models available” for determining the aggregate on-chain acquisition price of the leading cryptocurrency. As reported by U.Today, MicroStrategy started the last month of the year with another stunning Bitcoin purchase, adding $1.5 billion worth of Bitcoin. The company’s average purchasing price currently stands at…

The year 2024 has been a turning point for the cryptocurrency market, characterized by major milestones such as the launch of spot Bitcoin ETFs, the Bitcoin halving in April, and the unexpected support of President-elect Donald Trump. Best and Worst Performing Crypto Stocks of 2024: MicroStrategy and Core Scientific Lead the Gains These developments have fueled optimism and volatility in crypto markets and have significantly impacted crypto-related stocks. While some companies have thrived by leveraging market momentum and strategic moves, others have faced operational challenges and falling stock prices. Here’s a detailed look at the best and worst performing crypto…

While XRP has experienced a notable price drop amid the broader pullback, several upcoming developments could potentially turn the tide for XRP. As of today, XRP briefly dipped below $2 and is struggling to recover, currently trading at $2.13 at the time of writing. This represents a massive 21% loss in its weekly price trend. In light of this, XRP enthusiasts are turning their attention to three key factors that could reignite bullish momentum for XRP. These developments are expected to have a direct impact on the token’s price. Ripple’s RLUSD Stablecoin Set to Go Live Ripple is preparing to…

Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn—Binance’s platform for earning rewards on crypto holdings—as collateral and benefit from real-time annualized returns. The inclusion of USUAL into Binance’s flexible lending portfolio is in line with the platform’s growing focus on stablecoin innovation. Recently, Binance Labs invested in the Usual protocol, a decentralized stablecoin issuer backed by…

Morpho Labs, a decentralized finance infrastructure, has launched its highly anticipated Public Allocator on DeFi Saver. It is a groundbreaking solution that addresses liquidity challenges across the markets of decentralized finance (DeFi). The Public Allocator ensures sufficient liquidity to meet borrowing demands across different Morpho markets. It dynamically reallocates funds supplied through the vaults of Morpho. Morpho users can now leverage @MorphoLabs’ Public Allocator on DeFi Saver.The Public Allocator provides just-in-time liquidity. Its main purpose is to reallocate funds supplied through Morpho Vaults and ensure there is enough liquidity to meet borrowing needs in different Morpho… pic.twitter.com/JiPZ2QL0bY — DeFi Saver…