Author: NBTC

Today, Across Protocol has announced the successful integration of Circle’s Cross-Chain Transfer Protocol (CCTP). This will mark a significant advancement in $USDC bridging. This integration will enhance transfer speeds and reduces fees, offering users a more efficient and cost-effective experience. Across Protocol used its official X account to make this announcement. We are proud to announce the successful integration of @circle’s CCTP to improve speeds and fees for all $USDC bridging on Across 💫Thanks to our unique intents-based architecture, third-party relayers are able to swap between both versions of $USDC, giving users the freedom to… pic.twitter.com/ErPWZDOtQ9 — Across (@AcrossProtocol) May…

In a recently published market commentary, cryptocurrency group Galaxy Digital, which is spearheaded by billionaire Mike Novogratz, has noted that the upcoming Bitcoin halving event is different from the previous ones. During previous cycles, Bitcoin would break its old all-time highs after the halving. However, this was not the case this time around. The world’s largest cryptocurrency reached its current all-time high of $73,737 on March 14. It is currently down 5.9% from its peak just eight days ahead of the halving event. The number of new coins that will be earned by miners will be halved from 6.25 BTC…

Recent report published by the on-chain data aggregator IntoTheBlock shows that recently large Ethereum whales have become more confident in their big bet on Vitalik Buterin-made cryptocurrency. These whales have greatly intensified ETH accumulation. However, there is more analytics data showing that overall Ethereum sentiment is growing bullish quickly in the market now. Whale ETH accumulation speeds up IntoTheBlock shared that large cryptocurrency holders have begun to buy more ETH and do it more frequently, intensifying accumulation. According to the data it shared, at the moment approximately 41% of the circulating Ethereum supply is owned by wallets each holding more…

IOTA has gained approximately 30% in the past one year despite being feeless for the Value and Data. IOTA came in 2015 with the aim of revolutionizing the landscape of the crypto-verse. Its unique Tangle technology is different from the traditional blockchain structure. Its innovative DLT system enables feeless transactions and scales efficiently as more users engage. Its focus on scalability, decentralization, and security will make the protocol backbone for Web 3. It also delivers tools for creating and managing layer 2 EVM chains. It has gained significant attention from the crypto community and industry stakeholders, positioning IOTA as a…

Key Points: Bybit’s VATP application license in Hong Kong was withdrawn on May 31 following SFC scrutiny. Hong Kong’s new regulations led to seven exchanges exiting the licensing process recently amid rumors of no offshore licenses being issued soon. On May 31, Bybit, one of the top three cryptocurrency exchanges globally by trading volume with 30 million users, withdrew its application for a virtual asset trading platform (VATP) license from Hong Kong’s Securities and Futures Commission (SFC). Bybit’s VATP Application License in HK Is Now Withdrawn With Legal Challenges 2 Bybit’s VATP Application License Hong Kong Withdraws Amid Regulatory Pressure…

SuperWalk, a popular blockchain move-to-earn platform that creates tokens through walking, has begun a new strategic collaboration. As per the company, it has partnered with Tarochi Game which is a prominent on-chain role-playing game in which each of the challenges and quests becomes a record on the blockchain. The platform took to its official X account to provide insights into the respective initiative. ‼️ PARTNERSHIP ANNOUNCEMENT ‼️ @SuperWalk_ and @TarochiGame have entered into a strategic partnership! 🥂#SuperWalk and #Tarochi have joined forces to foster greater community interaction and leverage joint marketing initiatives. 😎 Tarochi is a ambitious onchain RPG, where……

A top analyst known for making timely crypto calls warns that Bitcoin (BTC) may be in the midst of witnessing a painful scenario. Pseudonymous trader Bluntz tells his 254,100 followers on the social media platform X that Bitcoin appears to be flashing an ABC corrective move on the daily chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset typically consolidates within an ABC corrective wave after going through a five-wave uptrend. Says Bluntz, “Max pain on BTC is take out the highs, make everyone FOMO (fear of missing out) back in and think it’s some kind…

While the recent approval of the spot bitcoin ETF in the US marks a positive step towards the institutionalization of the digital asset industry, the imminent approval of spot ether ETFs raises some concerns. These ETFs do not offer staking rewards to investors (unlike European ether crypto ETPs), reflecting a lack of understanding by regulators and certain traditional finance asset managers of the key features that distinguish ether from bitcoin. Despite both being leading cryptocurrencies, ETH and BTC differ significantly in their functionality and role within the blockchain ecosystem. It’s therefore essential for the industry and regulators to tailor financial…

Thailand and China are solidifying bilateral relationships by signing a local currency agreement to improve cross-border trade between the two nations. The central banks of both countries inked a memorandum of understanding (MoU) to set up the “Cooperation Framework for Bilateral Local Currency Transactions.” The framework is expected to allow both countries to carry out international trade in the Chinese yuan or the Thai baht rather than the U.S. dollar. People’s Bank of China (PBoC) Governor Pan Gongsheng signed the MoU with Governor Shethabu Suthiwanalyubu of the Bank of Thailand with the finer details of the document pledging greater financial…

Garanti BBVA, which has more than 18 million customers in Turkey, launched “Garanti BBVA Crypto”, a crypto wallet and transfer service. Garanti BBVA Digital Assets, a branch of Garanti BBVA, which continues to take new steps in the cryptocurrency industry, announced that it will support a new altcoin. According to DHA news, Garanti BBVA Digital Assets is considering adding AVALANCHE (AVAX) support to its customers with the Garanti BBVA Crypto mobile platform. “Garanti BBVA Digital Assets” initially enabled the transfer, storage, exchange and trading of Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) assets. In addition to these assets, “Garanti…