Author: NBTC

BitoPro’s parent company BitoGroup has entered into a partnership agreement with Far Eastern International Bank Bankee to launch “crypto-friendly bank account.” BitoGroup, the parent company of Taiwanese crypto exchange BitoPro, has teamed up with the local digital bank Far Eastern International Bank Bankee to process fiat transactions between the exchange’s customers and banks. In a press release seen by crypto.news, BitoGroup CEO Titan Cheng said that initially, the company is expecting to increase the average daily transaction amount per user by 25%. Cheng also expressed optimism about the potential for “explosive growth” once the service is fully accessible to all…

ZettaBlock, an industry-leading, institutional-grade Web3 data infrastructure platform, is proud to announce a new collaboration with the Stellar Development Foundation, the organization that supports the development and growth of the Stellar network, known for facilitating open and accessible financial transactions. This integration is set to redefine the landscape of blockchain development, offering a streamlined path for developers to create not just any Web3 application, but powerful> We’re committed to making Stellar the highest quality network for developers to build on, and this integration with ZettaBlock furthers this initiative. By leveraging ZettaBlock’s advanced indexing, real-time data, and analytics capabilities alongside Stellar’s…

Bitcoin’s allure is growing as investors increasingly recognize its unique traits. The spot Bitcoin exchange-traded funds (ETFs) simplify the process for investors, potentially leading to a significant increase in Bitcoin’s price. The Motley Fool analysts highlight that the approval of Bitcoin ETFs is a major step in cryptocurrency acceptance. They believe this could drive Bitcoin’s price to $400,000 or even $1 million. Bitcoin’s Path to $400,000 and Beyond The ETFs allow retail investors to bypass complex crypto exchanges and digital wallets, making Bitcoin more accessible. However, the potential for substantial growth lies with institutional investors entering the Bitcoin market. These…

Crypto investors and traders everywhere celebrated when news broke this week that United States regulator, the Securities and Exchange Commission (SEC), is in the process of concluding and ending its investigation into Ethereum. This means that the SEC will not recognize ETH transactions as securities transactions. But, for those of us who aren’t US regulation lawyers, what exactly does this mean? Invezz spoke to three Ethereum experts: Greg Benhaim, portfolio manager at digital asset investment manager 3iQ, crypto influencer Aquarius Maximus and Fineqia analyst David Morrison, on what the move could imply. Significance of the SEC announcement “Well for one,…

The tokenization of real-world assets (RWA) has seen a surge in interest, with financial giants like BlackRock, Fidelity, and JPMorgan taking the lead. This trend signals a significant shift in the financial industry, showcasing the growing adoption of blockchain technology to enhance efficiency and accessibility in capital markets. BlackRock, Fidelity, JPMorgan Tokenizing Real-World Assets Fidelity International’s recent announcement of joining JPMorgan’s tokenized network marks a significant milestone. As per Kaiko analysts, this move positions Fidelity alongside other major players in the tokenization sector. This collaboration highlights the increasing interest in leveraging blockchain for real-world applications. BlackRock’s BUIDL, a tokenized liquidity…

Notcoin (NOT) has surged 95.9% in two weeks, defying the overall market downtrend, and capturing investors’ attention. Mantra (OM) boasts a 4423.9% yearly growth, driven by innovative blockchain solutions and strategic partnerships. Monero (XMR) offers unmatched transaction anonymity, leveraging advanced cryptographic techniques for user privacy. Despite the weekend’s bearish actions that affected the crypto space, some tokens in the market gained good amounts of value. Three digital currencies that have made their mark in recent days are NOT, OM, and XMR. Even though many large-cap cryptocurrencies were trading at a lower trade price, these three cryptocurrencies were among the best…

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the District of Utah announced that Brian Garry Sewell and Keen Lee Ellsworth were indicted in St. George, Utah, for operating an unlicensed money transmitting business, converting over $2.5 million into cryptocurrency between March and September 2020. The arrests occurred over the weekend in Washington County.…

Over 40% of all crypto trades in Latin America involve the USDT stablecoin, signaling a waning interest in Bitcoin, which is even trailing XRP in the region’s top trading pairs. Stablecoins are more popular in Latin America (LATAM) than Bitcoin as stablecoin-to-fiat trading pairs accounted for more than 60% of the top 10 trade volume in the region, according to data compiled by Kaiko, a blockchain analytics firm. The data reveals that USDT, issued by Tether, is significantly more popular than Bitcoin among Latin American traders, accounting for over 40% of all trades. Kaiko notes that this growing dominance of…

Patrick Bet-David, founder and CEO of Valuetainment, says blockchain can greatly improve voting systems around the world. With the world changing so much amid artificial intelligence (AI), blockchain and Bitcoin, Bet-David wonders if new technology is what the world needs to improve the outdated voting process. It’s not only so as to improve voting systems in terms of transparency and accessibility, but to also get more people to develop confidence in these elections and their results. The entrepreneur shared his thoughts in a YouTube video. Highlighting blockchain as “a shared immutable ledger that facilitates the process of recording transactions and…

A widely followed analyst in the crypto space says that markets still haven’t fully adjusted to Bitcoin’s recent halving, which slashed BTC miners’ rewards in half. In a new video update, pseudonymous trader Rekt Capital tells his 77,000 YouTube subscribers that Bitcoin has historically ignited a parabolic rally after the halving. But the trader notes that actual pricing in of the halving tends to happen a few months after the event. “The Bitcoin halving is not priced in. Historically, whenever we’ve seen a halving, we’ve seen phenomenal upside at this point in the cycle, where already we’ve seen new all-time…