Author: NBTC
World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase’s (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin is a form of the world’s largest cryptocurrency that can be used in decentralized finance (DeFi) on blockchains other than Bitcoin. Coinbase introduced cbBTC in September, and in November said it would delist WBTC, citing its listing standards. That action prompted BiT Global, a custodian involved in WBTC, to sue the crypto exchange to prevent the removal. A court ruled against BiT Global on Wednesday. There’s one more link in…
Rewardable, a prominent task-to-earn crypto platform, has launched the “Stake & Earn” option, which allows $REWARD token holders to earn income. The staking product also offers single-token and liquidity pool staking to cater to various Web3 earnings profiles. https://t.co/8oxQTSMd02 — Rewardable (@rewardable_app) December 14, 2024 Rewardable operates an open staking pool for $REWARD tokens, where users can lock their tokens for 60 days, 90 days, or 120 days at fixed intervals. The product currently has an Annual Percentage Rate (APR) of around 60% for staking a long-term hold. Single-Token Staking Offers Flexible Rewards The staking process is straightforward, appealing to…
Gros Islet, St. Lucia — Zoth, a leader in real-world asset (RWA) tokenization, has teamed up with Singularity Finance to launch Zoth Tokenized Liquid Notes Prime (ZTLN-P). Backed by U.S. Treasury ETFs and money market funds (MMFs), ZTLN-P provides institutional investors with a secure, on-chain solution for optimizing treasury assets and earning steady returns. (Cover photo: Mario Casiraghi, Co-founder of SingularityDAO)—Custodied by Doo Group and managed by reputable asset managers, this product bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi) with a focus on security, liquidity, and transparency.Mario Casiraghi, Co-founder of SingularityDAO and Singularity Finance commented:“ZTLN Prime…
Cryptocurrency analyst Fred Krueger has weighed in on recent claims that Bitcoin is in a speculative bubble, arguing that the current state of Bitcoin adoption does not meet the conditions for a true bubble. Drawing comparisons to historical financial manias, Krueger argued that Bitcoin is still far from achieving the widespread consensus and frenzy that defines bubble dynamics. Providing a detailed explanation, Krueger noted that real bubbles occur when almost everyone adopts a “new narrative,” leading to speculative excess and unsustainable market behavior. He cited several historical examples: Japan in 1990: The belief that Japan’s “Rising Sun” economy would surpass…
USDX.Money has announced its integration with MathWallet, a leading multi-chain crypto wallet. The collaboration enables MathWallet’s extensive user base of over 4 million to seamlessly access USDX stablecoins and interact with the platform’s DeFi offerings. Supporting more than 200 blockchains, MathWallet enhances the reach and usability of USDX.Money’s next-generation stablecoin infrastructure. We’re thrilled to to be live on @MathWallet, the multi-chain wallet empowering millions worldwide!Now, you can easily view and interact with https://t.co/emxs0FoMqR directly on MathWallet.Together, we’re: 🔸 Unlocking seamless access to https://t.co/emxs0FoMqR stablecoins.… pic.twitter.com/UNGEknc16q — usdx.money (@usdx_money) December 18, 2024 Through this partnership, users can now conveniently explore USDX.Money’s…
According to data provided by Google Trends, searches for the XRP cryptocurrency recently reached a new peak, overshadowing the 2017 peak. The Google Trends score is meant to display the overall search interest for a certain term on a scale from 0 to 100, with 100 indicating peak popularity. Ethereum (ETH), for comparison, displayed significantly lower search interest in December compared to XRP with 22 points. Bitcoin, however, was ahead of XRP in terms of search interest (43 and 28 points, respectively). The crypto king managed to generate a lot of headlines with its recent rally above $100,000. Hence, this…
In a significant strategic development, HashKey Chain has commenced a collaboration with OKX Web3 Wallet. In this partnership, OKX Web3 Wallet is becoming the 1st official collaborator wallet of HashKey Chain, denoting a landmark for both companies. The platform disclosed this move on its official social media account. ✨Strategic partnership announcement: HashKey Chain x OKX Wallet Partnership @wallet @OKXWeb3_CN HashKey Chain partners with OKX Web3 Wallet! Upon the mainnet launch, OKX Web3 Wallet will be the first official partner wallet. 🎉 Users interacting via OKX Web3 Wallet will… — HashKey HSK (@HashKeyHSK) December 16, 2024 HashKey Chain’s Collaboration with OKX…
Ripple’s XRP is currently up by more than five percent in the last 24 hours and is trading at $2.45 levels. Despite being up by more than 35 percent in the past week, the altcoin is yet to hit the ATH, which sits at $3.84. Majority of the top 10 altcoins are currently recording gains and Bitcoin is once again trading above the $100,000 mark. XRP has encountered strong resistance near the $3 mark, specifically around the 1618 Fibonacci extension at $3. Recently, XRP reached a high of just over $2.90, falling short of breaking the $3 barrier. This hints…
On-chain active loans have returned to levels not seen since the peak euphoria of 2021. The proxy metric for DeFi activity shows borrowers had confidence in the bull market up to this point, seeking gains through collateral-based loans. DeFi lending has become one of the leading apps in 2024. While the overall DeFi value locked is still lower than in 2021, on-chain loans are just as active as during the previous bull cycle. The on-chain leverage metric reveals a more mature market, where the leading protocols have spread to multiple chains. Additionally, the current on-chain leverage is only similar to…
South Korea’s largest cryptocurrency exchange Upbit has seen significant trading activity across a variety of altcoins over the past 24 hours. Here’s a detailed breakdown of the most traded coins and their performance. The information below shows the ranking of these altcoins by volume and the ratio of their trading volume to the total volume on the exchange. XRP (XRP) Trading volume in the last 24 hours: $707 million – 16.64% Bitcoin (BTC) Trading volume in the last 24 hours: $300 million – 7.08% Ethereum Name Service (ENS) Trading volume in the last 24 hours: $257 million – 6.07% BORA…