Author: NBTC

Elon Musk, a tech mogul who has had a pro-crypto stance since the beginning, seems to be eyeing a massive $104 billion investment in Ripple’s cryptocurrency, XRP as per Binance square post. The cryptocurrency is well-known for its high-speed transactions and efficiency in payments. Elon Musk’s wants X to become the ultimate “Everything App” by combining social media, payments, and commerce under one roof. With this investment, there is a possibility that this could be a step in that direction. Elon Musk’s Influence on Markets Elon Musk’s influence on the market is undeniable. Whatever the tech mogul endorsed, has ended…

The Real Lifestyle (Trl), an early adopter and an active participant in the Real-World Asset (RWA) environment, has officially partnered with Plume Network. Through this joint venture, stakeholders in the RWA finance space benefit from integrating blockchain technology and conventional financial systems. 🚀 We’re Teaming Up! 🚀Excited to announce our partnership with @plumenetwork as we take a big step forward in redefining Real-World Asset (RWA) finance! Together, we’re building a bridge between traditional finance and blockchain for a more accessible and inclusive future. 🌍🔗… pic.twitter.com/CK4UcEAeQ5 — The Real Lifestyle (@Trl_co) January 13, 2025 Harnessing Innovation for Real-World Assets Within this…

Peter Schiff, Chief Economist and global strategist, has repeatedly regretted not buying Bitcoin as soon as he heard about the asset back in 2010. However, he remains a strong Bitcoin critic and emphasizes that Gold is superior to Bitcoin. Peter Schiff has appeared in several podcasts and interviews as a strong critic of Bitcoin and the entire crypto industry. He has said several times that Bitcoin has no underlying value and its price is highly speculative. However, he expressed regrets for not purchasing Bitcoin when he was introduced to the asset in 2010. Peter Schiff repeatedly admits he regrets not…

A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan Technical Working Group, Kenyan residents continue to trade cryptocurrencies despite repeated warnings from the central bank. The study, conducted in conjunction with the Financial Reporting Centre (FRC), found that the typical Kenyan crypto user is under 40 years old. Many Kenyan crypto users were found to be primarily engaged in investment activities related to bitcoin (BTC), ethereum (ETH), or the…

With features like compliance integration, on-chain metadata, and Ethereum interoperability, ATS aims to streamline asset management using the Hedera network. Hedera leverages its technology across diverse sectors, including DOVU’s carbon credit tokenization, RedSwan’s fractional ownership in real estate, and Archax’s tokenized financial instruments. With its launch of the Asset Tokenization Studio (ATS) in Q3 2024, Hedera Hashgraph is at the forefront of the tokenization revolution, an enterprise-grade solution to streamline the digitization of real-world assets. As tokenization is gaining momentum, Hedera’s focus on security, scalability, and compliance is reshaping how assets are managed and traded around the world. Hedera Hashgraph’s…

The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued a clarification regarding VAT (Value Added Tax) for those dealing in cryptocurrency mining. As per the clarification, individuals who are crypto mining for themselves will not incur a VAT tax; however, if they are mining for others offering it as a service, they will need to pay VAT. The UAE VAT tax rate is 5%. The Federal Tax Authority define Cryptocurrency Mining as “the process where specialized computers, also known as mining rigs, validate blockchain transactions for a specific cryptocurrency, for which a reward may be received for…

SoonChain, a popular gaming L2 powered by AI, has partnered with zkLink. The partnership aims to boost asset aggregation and liquidity provision. The platform provided the details of this integration on social media. 🚀 𝗡𝗘𝗪 𝗧𝗘𝗖𝗛 𝗣𝗔𝗥𝗧𝗡𝗘𝗥 𝗔𝗟𝗘𝗥𝗧!We’re excited to welcome @zkLink_Official to the SoonChain ecosystem! zkLink Nova is the first Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups… pic.twitter.com/iun9cPUMvj — SoonChain❤️AIGG (@soonchain_ai) January 13, 2025 SoonChain Collaborates with zkLink to Enhance Liquidity Provision along with Asset Aggregation SoonChain pointed out that the collaboration with zkLink takes into…

Bitcoin is nearing the $100,000 milestone, and on-chain indicators suggest the bull run is still in its nascent phase. Today, Bitcoin climbed to unprecedented heights, surpassing $98,000. This milestone comes after Bitcoin broke its previous peak of $93,000 earlier in the week. Bitcoin’s new peak at $98,300 brings it within 2% of the highly anticipated $100,000 mark. However, experts suggest that the ongoing BTC price movements, while substantial, may just be the beginning of more major price action, echoing historical patterns. Indicators Signal Bull Market Transition for Bitcoin Data from CryptoQuant highlights a shift in Bitcoin’s Bull-Bear Market Cycle Indicator,…

A new survey reveals that cryptocurrency has surged in popularity among Americans, with 68% now owning cryptocurrencies. Crypto Now Part of Americans’ Investment Portfolios A recent survey reveals that more than half of Americans (52%) have sold traditional assets, such as stocks or gold, to invest in bitcoin. Additionally, one-fifth of U.S. residents allocate over 30% of their investment funds to cryptocurrency. Overall, 68% of Americans now own cryptocurrency, indicating a significant shift in their financial strategies. The survey, conducted by Chainplay and Storible, suggests that digital assets have become increasingly important in Americans’ investment portfolios. This growing interest in…

A massive INJ whale has made $7.39 million from selling 243,699 $INJ tokens in just 12 hours. This sudden sale put pressure on the market because there were a lot of tokens suddenly available for buyers, leading to a 7.7% price drop. According to Spot On Chain, the majority of the tokens from this investor were bought between February 2021 and July 2022 at an average token value of $10.92. The Whale began selling the tokens in 2023 and 2024 at a token price of $35.9 through CowSwap and ByBit. A long-term $INJ holder with a $15M profit offloaded 243,699…