Author: NBTC

American multinational investment giant BlackRock has extended its lead as the world’s dominant asset manager with an $11.5 trillion Asset Under Management (AUM) milestone. As revealed in its third-quarter earnings report, the company said its AUM jumped $2.4 trillion year-over-year, driven by net inflows of $456 billion and positive market movements. The year Bitcoin emerged Despite BlackRock laying the groundwork for the broader crypto ecosystem before now, its first major product, the spot Bitcoin ETF, launched this year. This product marked a complete pivot for BlackRock, a traditionally conservative firm. In line with its adoption of Bitcoin, CEO Larry Fink…

Ethereum and Bitcoin continue their steady sideways movement. Analyst recognizes start of ETH bull run and sets $10,000 as mid-term target for ETH price. ETH breaks out of a massive triangle pattern on the weekly price chart. Bitcoin’s breakout to the 6-digit ATH target set the crypto market ablaze. The present ATH of BTC stands at $103,900.47. This monumental breakout drew the attention of traders, investors, and financial institutes across the world. Analysts now predict higher highs to arrive in the coming months for Bitcoin as well as altcoins. Indeed, Bitcoin’s latest ATH ignited bullish movement in multiple popular and…

Cardano founder Charles Hoskinson is quite confident of what the Layer-1 blockchain network can achieve in a few years. He recently stated that the Cardano network will see the achievements of Bitcoin (BTC) and the Ethereum (ETH) network in the next 10 years. Cardano’s strategic future vision During the much-anticipated fourth annual Cardano Summit 2024 community event in Buenos Aires, Argentina, Hoskinson acknowledged the milestones Cardano has recorded in seven years. These include scaling to an 11-figure network, gathering millions of users and becoming the largest research group in the world. Looking forward to the future, Hoskinson noted that Cardano…

Crypto.com announces a partnership with Deutsche Bank to enhance its corporate banking support within the Asia-Pacific (APAC) region. The exchange announced the development today, indicating that Deutsche Bank will be its corporate banking partner in the region. According to the announcement, the partnership will also see Deutsche Bank provide additional banking support for Crypto.com in the future. This collaboration marks a new milestone for the crypto exchange. Notably, it will gain access to advanced banking tools to enhance its operational efficiency and corporate banking capability within the region. CryptoCom and Deutsche Execs React Karl Mohan, Crypto.com’s Global Head of Banking…

Decubate, known for lifting Web3 vision, has announced a groundbreaking partnership with Axelar, a leading Web3 interoperability platform. This integration enhances the possibilities of Decubate’s native $DCB token and its scalability. This development adds cross-chain capabilities, which will expand the utility of this token across multiple blockchains. 🦾 Decubate x @axelar: $DCB Goes Multichain!We’re thrilled to announce our integration with Axelar, the Web3 interoperability platform connecting all blockchains. This milestone marks a new era for $DCB, unlocking seamless cross-chain functionality and expanding accessibility… pic.twitter.com/bM4Ld1n4qE — Decubate (@decubate) December 9, 2024 The integration with Axelar enables secure and efficient cross-chain transfers…

The long-awaited October breakout for Bitcoin has stalled as long liquidations hit a 28-month high, with whales selling 24.1K BTC at a loss. Bitcoin’s highly anticipated gains for October have failed to materialize, leaving market participants disappointed. Despite starting the business week on a strong note, briefly surpassing $64,400, Bitcoin’s upward momentum proved to be short-lived. The asset soon began to retreat, with its price falling to $62,000 by midweek. As the decline intensified, Bitcoin plummeted to $60,400 on Thursday, reaching a multi-week low of $58,800 later that day. Long Liquidations Hit 28-Month High The decline in Bitcoin’s value has…

On-chain data reveals that a whale has increased their Eehereum holdings with a substantial purchase. According to Lookonchain, the whale, who already held millions of dollars worth of Ethereum (ETH) accumulated over recent months, made a 1,800 ETH purchase valued at $7 million. This acquisition occurred as the price of Ether hovered near $3,900. Lookonchain shared the whale’s transaction via a post on X. This whale has been actively accumulating Ethereum since May 24, amassing 39,600 ETH in total over several months. With the recent addition, the total investment value has reached approximately $99 million, bringing the whale’s average purchase…

Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend. Several memecoins on Solana’s blockchain have posted impressive gains recently, pushing the platform’s native token, SOL, up by 7% in a week. This recent price rally has been fueled by a surge in network activity, driven primarily by the memecoin frenzy on Solana. The rise of memecoins on Solana Among the various tokens making waves on Solana, Goatseus Maximus (GOAT), SPX6900 (SPX), Apu Apustaja (APU), and FWOG have garnered significant attention. These tokens are leading the charge in Solana’s memecoin…

San Francisco Cloudflare, Inc. released its fifth annual year in review report. The connectivity cloud company’s report goes through the most popular internet services, providing global internet insights and security trends for 2024. Binance was the crypto industry’s representative, making it into the top six. According to Cloudflare, financial services cover everything from traditional banking to crypto and tax tools. According to the 2024 report, the top six financial services are Stripe, Trading View, Alipay, PayPal, Nubank, and Binance. Cloudflare’s network presently extends across over 330 cities in over 120 regions, serving an average of over 63 million HTTP(S) requests…

China’s stimulus package is expected to be the reason for the rise in Bitcoin and altcoins. Many analysts think that China’s economic stimulus can revitalize the Bitcoin and cryptocurrency markets. Bitfinex analysts said that China’s upcoming fiscal stimulus, expected to be announced on October 12, could positively impact Bitcoin and the broader cryptocurrency market, The Block reported. Noting that China’s fiscal stimulus plans have become a focal point even for Bitcoin and cryptocurrencies, Bitfinex analysts said that a little more liquidity could benefit riskier assets like BTC. “We expect the significant amount of fresh liquidity injected into the market to…