Author: NBTC
MicroStrategy Founder and Chairman Michael Saylor finally commented on a recently published Bitcoin Whitepaper from BlackRock. Saylor’s comment comes after popular figures like Bloomberg’s Senior ETF analyst Eric Balchunas spotlighted the BlackRock Bitcoin whitepaper. Michael Saylor’s support for BlackRock Bitcoin whitepaper Taking to the X platform, Saylor stated, “For investors, #Bitcoin is a unique diversifier.” Saylor describes the Bitcoin whitepaper as an excellent research piece, articulating Bitcoin’s value and dispelling popular misconceptions. For investors, #Bitcoin is a unique diversifier. @BlackRock has published some excellent research on this topic which articulates the value of bitcoin and dispels popular misconceptions. Take a…
Since late September, BTC has held largely flat amid the stimulus-led 20% surge in the Chinese stocks. The rebound in the battered Chinese equities could be sucking out capital from crypto and Asian equity markets. The capital rotation may be short-lived. China’s battered stock market has experienced a resurgence since late powered by the barrage of stimulus by Beijing. But this surge could be sucking capital out of the crypto market, capping the upside in bitcoin, the leading cryptocurrency by market value, and other Asian markets, according to observers. “The current surge in Chinese stocks, driven by the stimulus package…
Privacy coin Monero is falling, dropping nearly 7% over the last 24 hours after Kraken announced its delisting in Europe. Kraken—one of the world’s oldest crypto exchanges—informed users that it will delist Monero for clients in the European Economic Area (EEA) due to regulatory changes. Trading and deposits of all Monero markets will halt on Oct. 31 for EEA clients, and any open orders will be automatically closed. The deadline for withdrawing Monero is Dec. 31, and the remaining balances after this date will be converted to Bitcoin (BTC) at the market rate. Kraken explained that the exchange “concluded we…
The tech industry, and particularly the cryptocurrency sector, has been deeply involved in political races this year. Paul Grewal, Chief Legal Officer at Coinbase, addressed criticisms of this involvement on social media, pushing back against claims that it’s “monstrous.” Apparently it’s “monstrous” to exercise free speech rights and engage in the political process. Like it or not that’s US politics on the left and right in 2024. Maybe what’s monstrous instead is another elite, cartoonish embrace of the traditional Great Savior figure over those… https://t.co/kvf9Jj4VIU — paulgrewal.eth (@iampaulgrewal) October 7, 2024 Grewal argued that both the left and the right…
Wirex Pay has launched early access to its new app for select whitelisted users. The app is part of Wirex’s decentralized payment network, aiming to update the use of digital assets in everyday payments. This early phase allows users to test the system before a broader rollout. Wirex Pay is designed to give users complete control over their digital assets through a non-custodial wallet. It offers crypto payment capabilities for both online and in-store purchases across over 200 countries. The app is structured to eliminate the need for intermediaries, giving users direct access to their assets for secure transactions. Blockchain…
The Coinbase Premium ratio is in the red zone, while the BTC price is surging again. This rare pattern can only indicate powerful buying pressure on Binance (BNB), the world’s largest cryptocurrency exchange by trading volume, an analyst says. Bitcoin (BTC) buying pressure on Binance (BNB) confirmed as Coinbase Premium in red zone Today, Sept. 20, 2024, Coinbase Premium metrics dropped to multi-week lows. Combined with a mini-rally of the Bitcoin (BTC) price, this signals investor optimism on Binance (BNB), a pseudonymous crypto analyst who goes by Avocado Onchain says. Negative Coinbase Premium Signals Strong Buying Pressure on Binance“During the…
B² Network has announced a new partnership with Cyber Finance. It aims to bring innovative decentralized finance (DeFi) solutions to the Bitcoin ecosystem. The news was shared on both companies’ X (formerly Twitter) accounts, highlighting the potential of this collaboration. Thrilled to partner with @CyberFinance__!Cyber Finance is your all-in-one DeFi hub, seamlessly accessible through Telegram. This partnership will enable B² Network to expand into the TON ecosystem, particularly in the BTCFi space, while providing @CyberFinance__ users with… https://t.co/plc19MXP2T — B² Network | BTC Layer2 (@BSquaredNetwork) October 8, 2024 B² Network Aims to Solve Bitcoin DeFi Scaling Challenges with New Partnership…
Marathon-incubated Anduro has developed a platform for issuing and investing in RWAs on Bitcoin. Like various use cases of blockchain technology, tokenization has been largely absent from Bitcoin. Marathon’s incubation of Anduro may speak to a trend whereby mining companies are seeking to find more and more sources of transaction fee revenue in response to the block reward halving every four years. Multichain layer-2 network Anduro, incubated by mining firm Marathon Digital Holdings (MARA), has developed a platform for issuing and investing in real-world assets (RWAs) on Bitcoin. The platform Avant, developed alongside tokenization specialist Vertalo, is planning a pilot…
Data from IntoTheBlock indicates that whale activity has significantly increased recently for Shiba Inu. The analytics company claims that SHIB has witnessed a sharp rise in the quantity of significant transactions on the network, indicating a rise in the presence of whales. There were 383 significant transactions on the blockchain in the last 24 hours alone, which is a seven-day high. Further evidence of the whales’ significant increase in activity came from the astounding 8.27 trillion SHIB tokens they moved. This increase is significant because whale activity frequently indicates significant market movements to come. Whales, or large investors, usually build…
Members of the XRP community petition the United States Securities and Exchange Commission (SEC), calling for an end to its ‘baseless’ appeal in the Ripple case. The petition launched on Change.org in an effort to stop the SEC from continuing its litigation against Ripple, especially the recently filed appeal. Petition Details Created by XRP Army, the petition expressed frustration over the four-year lawsuit between the SEC and Ripple. Data from the Change.org website shows the petition was created on October 3, 2024, a day after the SEC filed its appeal notice, indicating interest in challenging the Ripple ruling. Notably, the…