Author: NBTC

Immutable has announced a strategic partnership with Altura, a web3 infrastructure platform focused on the gaming industry. According to an announcement, Immutable (IMX) and Altura will collaborate to introduce a new marketplace and solutions designed to enhance the player-driven economy in blockchain gaming. The partnership will integrate Immutable’s Passport and Checkout infrastructure across gaming projects, extending these features to the Ethereum (ETH) gaming ecosystem. You might also like: Elympics: Web3 gaming adoption is driven by platforms like Telegram Web3 gaming projects on Altura will also participate in Immutable’s zkEVM Main Quest program. Altura will contribute $5 million to the initiative,…

Ozean, a Real-World Asset (RWA) blockchain protocol launched by Clearpool, has announced a strategic partnership with Nexade to launch on-chain SME invoice financing. Nexade is a RWA protocol, specializing in connecting blockchain with trade finance. By joining their forces, they aim to bring up to $100 million in invoice financing opportunities for small and medium enterprises (SMEs) through Ozean’s ecosystem. Nexade Unlocks New Financing Opportunities for SMEs Nexade, a subsidiary of Incomlend, has been a pioneer in the global invoice financing market. It has enabled SMEs to access flexible working capital solutions. Incomlend is supported by Peak XV Partners and…

Gold led bitcoin higher in 2020, setting record highs in August 2020. BTC followed suit in December. Gold has seen over 1 million ounces of inflows into its ETF products in the past seven trading days, the highest amount since October 2022. U.S. bitcoin ETFs have seen $2 billion of inflows over the past seven trading days. At the same time, iShares Bitcoin Trust has seen $1.7 billion in net inflows in the same period. Bitcoin (BTC) traders seeking insights into when the world’s largest token might hit new lifetime highs should consider pulling up gold’s price chart on their…

While the Swiss National Bank (SNB) is steamrolling with its experiments on a central bank digital currency (CBDC), the latest reports indicate that the banking regulator will adopt a cautious approach in rolling out SNB Bills. In an economic note, the central bank stated that rolling out digital SNB Bills to be settled in wholesale CBDCs has indicated early promise for participants. However, the paper notes that including the process in monetary policy may open a whole new can of worms for the SNB and other financial institutions in the country. The study involving digital SNB Bills forms part of…

Toncoin (TON) whales are coming back to life, as showcased by the actual trend in 24-hour volume. Per data measured by IntoTheBlock, the total large transaction volume registered on Toncoin in the past 24 hours is up 90.78%. This metric skyrocketed despite the dropdown in a similar trend for its core rivals in the top 10 most capitalized coins. Toncoin whales: True picture According to IntoTheBlock data, Toncoin whales have registered a total of $7.94 billion over the past 24 hours. By comparison, the bigger Ethereum chain has seen a similar metric drop by more than 10%, with a volume…

Reserve Bank of Australia (RBA) Governor Michele Bullock recently delivered a blunt critique of crypto, stating digital assets like Bitcoin hold no role in Australia’s economy. “Don’t call it an alternative currency,” Bullock said at the Australian Securities and Investments Commission (ASIC) annual forum on Thursday. “It’s not a currency, it’s not money; it’s being used as some sort of asset class. I don’t really see a role for it in the Australian economy or payments system.” The governor’s comments come as the world’s largest crypto rallied to nearly $100,000 last week, driven partly by Donald Trump’s re-election and a…

Shawn Oroogle, a member of the World Economic Forum, recently raised questions about rumors suggesting a potential announcement regarding an alliance between XRP, Hedera (HBAR), and Goldman Sachs. While Shawn acknowledged that it was just a rumor and stated that he was “gathering more evidence,” he did not provide any concrete reasons to speculate. However, his tweet has sparked interest in the crypto community, especially among the XRP Army. Many have expressed excitement that something “big” could be on the horizon for XRP. To fuel speculation, some have pointed to a past conversation between Ripple CEO Brad Garlinghouse and Hedera…

The price of Bitcoin is on track to at least double if the current breakout proves to be genuine, according to a new analysis by Ecoinometrics. Bitcoin battled bearish momentum on Wednesday, which saw its price tank to $65,188 after trading at a three-month high of $69,500 on Monday. Meanwhile, a recovery is already in progress. Bitcoin has posted a mild 0.3% gain today, trading at $67,132. While opinions vary on whether Bitcoin will surpass $70,000 or drop below $60,000, Ecoinometrics has provided a bold analysis suggesting that Bitcoin’s price must at least double in the next 12 months. Why…

Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process for crypto holders in South Africa to buy real estate with bitcoin or ethereum. As a financial services provider, Schindlers Digital Assets offers crypto conversion services that adhere to financial regulation for crypto holders in South Africa. This partnership has allowed Schindlers to expand its crypto offering by enabling buyers invest in real estate with confidence using digital…

Historically, the fourth quarter often brings notable gains for cryptocurrencies, and with November underway, crypto whales are strategically positioning themselves for potential profits. These large holders, who heavily influence price trends, are closely eyeing assets with strong growth potential. By analyzing on-chain data, BeInCrypto identifies the altcoins that crypto whales are buying this month, offering valuable insights for retail investors looking to follow the “smart money” in the crypto market. Maker (MKR) MKR, the Maker Protocol’s governance token, tops this list of tokens that crypto whales are buying for potential gains in November. According to IntoTheBlock, the large holders’ netflow,…