Author: NBTC
Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-traded fund (ETF), BITB, an amount pledged since the product’s inception. The first contribution will be distributed among three nonprofit organizations: Brink, OpenSats, and the Human Rights Foundation (HRF). Bitwise stated: “As BITB grows, so too will our contribution. Bitcoin is changing the world, and Bitwise will always strive to do our part to be a good steward of this incredible ecosystem alongside you.” Additionally, the company acknowledged its investors as…
Investment managers Rex Shares and Osprey Funds have filed to list an exchange-traded fund (ETF) tracking the price performance of Movement Networks’ MOVE. The Ethereum layer-2 network’s mainnet, which is built using MoveVM, is expected to launch on Monday. The proposed REX-Osprey MOVE ETF would invest at least 80% of its assets in MOVE or related instruments, using a mix of direct holdings and derivatives, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). Rex Shares, an ETF issuer, has in the past filed to launch funds with crypto asset manager Osprey Funds, including offerings with…
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels. Kaiko’s asset liquidity ranking indicator was introduced after FTX’s collapse to address the limitations of using market cap alone to measure a token’s true value. FTX’s native token, FTT, which peaked at a market cap of nearly $10 billion, never had the liquidity to support that valuation, hence why the indicator exists. Only a few large-cap tokens…
According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt. Bitcoin Miners Walk Debt Tightrope With 100K BTC in Hand This past Friday, all ten leading bitcoin mining companies listed publicly climbed higher, with Applied Digital stealing the spotlight thanks to an 11.46% jump. Moreover, theminermag.com, a Blocksbridge Consulting news, data, and research platform, published a report this week on the current state of bitcoin miners. The analysis highlights…
Tectum and PropChain Partner to Revolutionize Real-World Asset Tokenization on the Fastest Layer 1 Blockchain
Tectum, a next-gen fast Layer 1 blockchain, has joined forces with PropChain Global to improve Real-World Asset (RWA) tokenization. Through this strategic alliance, PropChain Global and Tectum connect blockchain solutions to traditional finance operations to facilitate fractional ownership and improved liquidity for tangible assets such as real estate, commodities, and luxury items. Tectum x PropChain: Unlocking the Future of RWA on BlockchainTectum is thrilled to announce a strategic partnership with @PropChainGlobal, bringing tokenized Real-World Assets (RWA) to the fastest Layer 1 blockchain! This collaboration will bridge traditional finance with… pic.twitter.com/ItdbyNmYxj — Tectum (@tectumsocial) March 13, 2025 Why This Partnership Matters…
Bitcoin has been struggling, recently hitting a low of $95,000. Investors are now looking for the next major catalyst that could drive the cryptocurrency market forward. Bitget CEO Gracy Chen, in a conversation with Bloomberg, shared her insights on potential catalysts to reverse Bitcoin’s slumping price action. Chen pointed out that one major factor could be the new U.S. administration under President Donald Trump. She mentioned that discussions are ongoing, but “nothing is concrete” regarding the inclusion of Bitcoin in the country’s strategic reserve. She said the administration is “still debating whether and how” Bitcoin (BTC) can be included in…
As the cryptocurrency markets continue to hemorrhage capital, one whale investor has once again turned the current volatility into a multimillion-dollar payday in minutes. Specifically, the unidentified whale pocketed $2.15 million in just 50 minutes by leveraging a high-risk, high-reward approach, according to data shared by crypto on-chain analytics platform Lookonchain on March 10. The trade details indicate that the trader executed a well-timed long position on Ethereum (ETH) using 50x leverage. In about 50 minutes, they sold 947 ETH for $1.95 million USDC and immediately deposited the funds into Hyperliquid, a decentralized derivatives exchange. They leveraged their capital to…
If you’ve been in crypto for a while, you surely know by now that there are opportunities to be taken in bull runs, but some are missed as well. There are tons of traders that missed those FARTCOIN or TRUMP pumps or even what the XRP price did recently. The good news is that you can always look for new altcoins that could produce those 10-100x gains every trader is dreaming of. Let’s have a look at top cryptos to buy now as they are potentially gearing up for strong 2025 moves. ChowWow (CHOW) – Best Altcoin to Buy Now?…
Tonkeeper Pro, the upgraded version of the leading self-custody Tonkeeper wallet for The Open Network (TON) blockchain, now supports Tether (USDT) TRC20 tokens with no Tron (TRX) required, as per the latest updates shared with Finbold on Friday, March 14. Thanks to the integration of Tonkeeper Battery, users can cover transaction fees using TON or USDT, even via in-app purchases on iOS and Android. To make use of the new TRC20 feature, users have to open their Tonkeeper Pro desktop wallet, navigate to ‘Settings,’ and activate the option. Simplifying crypto transactions Tonkeeper Battery acts as a prepaid service within the…
A recent CryptoQuant analysis shows Bitcoin whales have deposited 28,285 BTC into their accumulation addresses. These addresses exist as long-term investment storage spaces while facilitating over-the-counter (OTC) transactions because institutional investors keep positive market expectations. Whales are stacking.28K+ BTC just flowed into accumulation addresses—often linked to OTC deals and long-term holdings. pic.twitter.com/wJqz1tnAT2 — CryptoQuant.com (@cryptoquant_com) February 18, 2025 Whales Stacking BTC Amid Market Stability The on-chain analytics company CryptoQuant issued an alert that flagged that accumulation addresses received more than 20K BTC crossing a critical threshold, which represents a vital accumulation milestone. Whale accumulation functions as storage solutions for Bitcoin…