Author: NBTC
In line with Japan’s digital plans, the Ministry of Economy, Trade and Industry (METI) has unveiled a new initiative to increase the mainstream adoption of digital public goods among enterprises and consumers. Dubbed the “Demonstration Project for Building Digital Public Goods Using Web 3.0 and Blockchain,” the initiative aims to develop novel and practical use cases for blockchain in Japan. With METI at the helm, the initiative tapped several industry leaders, including PwC, Rakuten (NASDAQ: RKUNY), and NTT Digital, to join the pilot studies. The project is expected to proceed with four main themes, which METI says are broad enough…
Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more nuanced story, especially after the current prolonged period of choppy consolidation. Are Long-Term Holders Accumulating? Upon initial observation, long-term Bitcoin holders are seemingly increasing their holdings. According to the Long Term Holder Supply, since July 30th, the amount of BTC held by long-term holders has increased from 14.86 million to 15.36 million BTC. This surge of around 500,000 BTC has…
Finest launched a tokenized asset platform on Cardano, offering investments in Black Galaxy Granite with a projected 10% ROI after 3 months. LCX ensures compliance with the Liechtenstein Blockchain Act, providing full legal ownership for token holders. The platform enables retail investors to access mining operations, enhancing liquidity and scalability for mines. Finest has now launched its Real World Asset Tokenization platform on Cardano’s mainnet. The platform allows users to invest in tokenized commodities, equities, and bonds in a fully compliant setting. The first asset available on this platform is Black Galaxy Granite, a popular stone noticed for its distinctive…
Shiba Inu has the potential to pump 9,472% to a new ATH of $0.001477 if it captures just 50% of the capital inflows recorded by spot Bitcoin ETF products. Following years of constant denials and postponements, the U.S. SEC approved the trading of spot Bitcoin ETFs in January. These products have so far recorded immense success, commanding inflows worth billions of dollars. Since Jan. 10, the spot Bitcoin ETF products have seen $14.76 billion in total netflows, per data from Farside Investors. This figure had initially crossed the $15 billion mark. However, with the ongoing market downtrend, cumulative net outflows…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
TON blockchain has integrated Injective (INJ) and Pyth Network (PYTH), further advancing Telegram’s Web3 reach, reflecting the transformation of open finance. These strategic collaborations leverage each network’s unique capabilities to enhance the DeFi sector. TON Blockchain Partners With Injective and Pyth Network TON blockchain’s integration with Injective makes bridging and using INJ tokens across The Open Network possible. At the same time, users can leverage TON across Injective decentralized applications (dApps). “The integration will enable new asset access for the two communities. It will also introduce a range of new utilities that were previously unimaginable. This includes utilizing INJ and…
The Cause of the Bitcoin Price Decline May Have Been Determined – “They Will Announce It In January”
Scott Johnson, a prominent cryptocurrency-focused attorney, has suggested that the recent decline in Bitcoin prices could be linked to the actions of the United States Marshals Service (USMS). “The US Marshals Service is almost certainly selling Silk Road Bitcoin,” Johnson explained in a detailed explanation. Johnson explained that USMS transferred Bitcoin to a custody address under a service agreement with Coinbase in June. This agreement requires USMS assets to remain completely separate. However, Johnson noted that when these transfers are made to a mixed exchange address like CB Prime, it is an indication that USMS has already sold Bitcoin or…
On August 15, Hamilton Lane announced a collaboration with Securitize to make its $5.6 billion Secondary Fund VI accessible to qualified investors through a blockchain-based platform. Hamilton Lane’s Secondary Fund VI, which closed in June 2024, exceeded its initial $5 billion target by raising $5.6 billion in commitments. Securitize and Hamilton Aim to Lower the Private Market Barriers for Individual Investors Traditionally, such funds have been limited to institutional investors with high entry thresholds. However, through this partnership, individual investors can now access the fund with a minimum investment of $20,000. “By digitizing the investment process, we are removing barriers…
MultiversX integrates EGLD with SafePal, enhancing accessibility and security for 13+ million users globally. SafePal users can now seamlessly manage and trade EGLD directly through their preferred browsers. MultiversX has announced that its native token, EGLD, has been integrated into SafePal. For over 13 million users, this connection provides security and improved accessibility so they may buy and trade EGLD across more than 200 countries. This is a significant turning point in the growth of the MultiversX ecology. #MultiversX 🤝 @iSafePal Giving 13+ million users direct access to purchase and swap for $EGLD in over 200 regions. Through a great…
Sonic Labs partners with Safe, offering enhanced security and seamless asset management for Sonic builders within the ecosystem. Fantom Foundation launches USDC.e on Wormhole, improving liquidity and access for developers and users in its ecosystem. Sonic Labs, formerly known as Fantom, has announced a collaboration with Safe to improve security and simplify asset management for all Sonic builders in the ecosystem. This agreement is a huge step forward for Sonic because it gives consumers access to a broad range of strong applications right within the Safe platform. Users will be able to manage their assets, engage with decentralized finance (DeFi)…