Author: NBTC

We will look back on 2023 as the year when real-world assets (RWAs) finally seized the spotlight they have long deserved. Amidst a year marked by diverse sentiment, fluctuating market conditions and rising off-chain yields, tokenized RWAs stepped up to meet the challenge of a looming liquidity crisis in the space. By bringing the “risk-free rate” on-chain, builders working with tokenized T-bills and real estate helped create a critical backstop to prevent even larger capital flight from crypto during the bear market. Since the inception of DeFi Summer, one fact has been universally acknowledged: DeFi yields surpass those in traditional…

Renowned cryptocurrency influencer Crypto Eri hinted at the potential of information non-fungible tokens (iNFTs) to boom as the digital asset space continues to expand. In a tweet on social media platform X (formerly Twitter), Crypto Eri stated that iNFTs “will be bigger than big.” She continued by saying the technology will solve real-world problems while giving way to “explosive innovations.” Importantly, iNFTs is a term coined by former Ethereum advisor and renowned crypto founder Steven Nerayoff. In a recent post on X, Nerayoff described iNFTs “as a new way to share any type of information that can’t be censored, is…

Ethereum’s (ETH) price has fallen since reaching a high of $2,720 on January 12. The decrease continued for 11 days. ETH has traded inside a horizontal range for the past 61 days. Will it break out or down? Ethereum Fails to Clear Resistance The weekly time frame technical analysis shows that ETH has increased since June 2022. During this time, it created three higher lows (green icons), each accelerating the increase afterward. The Ethereum price increase culminated with a high of $2,720 in January 2024. The high was above the 0.382 Fib retracement resistance level and a horizontal resistance area.…

Throughout history, societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust and responsibility to each other. But, having lived through and reported on a variety of financial crises, I’ve become quite thankful for the court-driven process by which modern capitalism deals with this unpleasant problem. Even though it imposes what can seem like arbitrary, asymmetric burdens on those left holding debtors’ bags, at such times bankruptcy gives badly needed breathing room for market confidence to recover. With the dust settling following the messy collapse of some key crypto players in 2022, I’m reminded…

SOL, the Solana blockchain’s native coin, has been a top performer over the last year, reaching new highs in late December. The rally halted briefly before SOL resumed its advance, reaching highs of $118.48 in today’s session. However, a recent analysis by Kaiko, an on-chain research provider, reveals that SOL is falling behind BTC and ETH on the liquidity index. According to Kaiko, SOL continues to show a lower market depth-to-volume ratio on centralized exchanges than BTC and ETH. Market depth is described as the market’s ability to support relatively large market orders without affecting the asset’s price. 👉 #SOL…

The Bitcoin price has been holding steady, trading for $52,246.31 at the time of writing—a 0.3% drop from the same time yesterday. But the weekly gains Bitcoin has made are nothing to sniff at. Bitcoin has posted a 12% gain since this time last week and seen its average weekly trading volume rebound in a big way. So far this year (and unsurprisingly) BTC saw $36.4 billion average volume—its highest since the start of the year—the same week that 10 spot Bitcoin ETFs began trading. In the weeks after, when traders were unloading billions worth of GBTC shares in a…

Decentralized exchanges (DEXs) are bringing a revolution to the cryptocurrency space, which is currently still dominated by centralized platforms. By building directly on the blockchain, projects are trying to overcome some of the biggest downfalls of centralized exchanges. When using a centralized exchange, you have to essentially hand over your coins to them, and trust that they will store them competently and honestly. Changes are also vulnerable to hacks or interventions from regulatory authorities, who can shut them down and make your funds unavailable. Blockchains, on the other hand, function 24/7 and their decentralized design makes them almost impossible to…

According to a Jan. 15 post by CoinGecko on X, just under half of the world’s global fashion brands, including Adidas, Nike, and Puma, have NFT collections. This release comes at the same time the OpenSea CEO, in a Bloomberg interview, expressed the platform’s intention to develop the most compelling use cases for non-fungible tokens (NFTs) amidst a decline in trading volumes. Methodology: This study examined NFT collections launched by the global top 50 apparel brands, based on Brandirectory’s 2023 market cap ranking and publicly available information, as of January 15, 2024. NFT collections used as mint pass and digital…

While U.S. regulators deliberate on spot Ethereum ETFs, Europe and Canada already boast billions in spot and futures ETH-related products. Per a Coingecko study, Europe dominates the global Ethereum (ETH) ETF scene with an 81.4% market share. The area has 13 ETH-backed ETFs split across spot products and futures funds, amounting to $4.6 billion in assets under management (AUM). Canada is also a big market for ETH ETFs and commands a 16.6% market share of $949 million in AUM. ETFs have also become a gateway into crypto for many Canadian investors. Local regulators introduced stricter measures on crypto companies, leading…

Vanguard has jumped the artificial intelligence bandwagon after integrating machine learning into its managed stock funds. According to a Bloomberg report, the American registered investment advisor has set in AI across several active stock funds with a combined $13 billion under management. This comes at a time when the World AI Cannes Festival is just around the corner, making the move in tandem with market sentiments. Vanguard integrates machine learning for actively managed stock funds Vanguard Group has been subtly implementing machine learning in several actively managed stock funds with a total value of $13 billion. According to Bloomberg reports,…