Author: NBTC
According to Raghu Yarlagadda, FalconX’s CEO and co-founder, the company is actively assessing various sectors and identifying key players for potential acquisition opportunities. FalconX is currently valued at $8bn after a 2.5 times revenue increase compared to the previous year. This year’s growth may be attributed to derivatives trading, which saw a threefold increase despite the broader challenges in the crypto market. He mentioned his plans to take advantage of the wave of consolidation he speculates for 2025, driven by market regulation and institutional investors. FalconX’s acquisition strategy Backed by Tiger Global, GIC, and B Capital, with a clientele of…
After former President Donald Trump revealed World Liberty Financial’s (WLF) whitelist signup, WLF’s X account shared that “thousands of people have joined” since the announcement. However, the excitement has been dampened by an influx of fake WLFI token scams flooding X. WLF: ‘Whitelist Is Already a Massive Success’ The crypto community has been haphazardly tracking the gradual rollout of World Liberty Financial (WLF), a decentralized finance (defi) project supported by Donald Trump, Donald Trump Jr., Barron Trump, and Eric Trump. Bitcoin.com News covered WLFI’s tokenomics and also reported on former President Donald Trump opening whitelist signups. To participate in the…
Fintech firm Xalts brings its real world asset tokenization platform, RWA Cloud, to the Polygon blockchain network for developers looking to build digital asset platforms. In an Oct. 8 press release, financial technology company Xalts describes their RWA tokenization platform, RWA Cloud, as a new solution that can help developers build digital asset platforms for implementing blockchain, tokenization, and smart contract applications for different uses. By integrating Polygon (polygon) into Xalts’ RWA Cloud platform, developers will be able to deploy and build blockchain applications using the Polygon blockchain network. RWA Cloud grants developers the ability to tackle common challenges faced…
A common question every cryptocurrency trader faces at least once in their career is: when is the right time to buy Bitcoin? A successful trader is the one who has discovered the secret connection between timing and the market. A recent post by cryptocurrency chart analysis specialist Willy Woo explains whether it is good to buy Bitcoin at this stage of the market growth. Explore! Dr. Puell’s Theory on the Two Best BTC Buying Opportunities: What You Should Know Dr. Puell has an interesting quote about Bitcoin buying opportunities. The quote is the core of the post shared by Woo.…
Bison announced its insured Ethereum staking product in partnership with Munich Re and Staking Facilities. Users can stake as low as 0.005 ETH and earn weekly rewards. Bison, a crypto trading and exchange-traded funds platform by the Böerse Stuttgart Group, has unveiled a new staking service offering insured staking with Ethereum. According to an update on Oct. 8, the product is part of a partnership between Bison and Germany-based companies Munich Re and Staking Facilities. Munich Re is a global reinsurance company while Staking Facilities is a Web3 infrastructure provider that offers non-custodial staking. Staking from 0.005 ETH Bison offers…
Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards: Treasury Should Buy Gold to Avoid Dollar Substitution by New Forms of Money Like Crypto The longevity and staying power of the U.S. dollar is starting to worry economists in a high-debt, high issuance scenario. Jim Rickards, renowned economist and best-selling author, highlighted the role that gold might play in helping…
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Roughly a month and a half after its PYUSD supply vaulted past Ethereum’s, Solana’s stash of PayPal’s stablecoin has fallen back to Earth. The stablecoin’s supply, once in excess of $660 million, has fallen to around $320 million, a decline of roughly 50% in about a month. Ethereum currently has a supply of $377 million PYUSD. The drawdown comes as Kamino and other DeFi protocols slowly wind down once-lucrative liquidity incentive programs that juiced yields for the stablecoin’s holders.…
Bybit, the world’s second-largest exchange by trading volume, has partnered up with the Nordic Blockchain Association (NBA), as per the current updates shared with Finbold on Tuesday, October 8. The collaboration is expected to strengthen the Nordic blockchain ecosystem and help forge international partnerships to drive industry innovation and growth. Nordic Blockchain Conference 2025 (NBC25) The NBA is working diligently to create a vibrant blockchain community in the Nordic region. Led by dedicated committees, the association has played a key role in shaping the local blockchain landscape, specifically in tackling challenges in adoption, education, and support for startups and established…
Concerns regarding Ethereum’s decentralization have been raised since 2022 due to Lido Finance’s increasing market share in Ethereum staking. Lido is a staking protocol that collects substantial amounts of Ethereum from users. As of September 2023, it accounted for nearly one-third of all ETH staked. Many argued that this posed a significant risk to Ethereum’s credible neutrality, or the idea that no one party should have undue influence over the network. Though Lido did not directly own these holdings, Ethereum would effectively become a semi-centralized network with a sizable fraction of nodes managed under its supervision. But it seems like…
A new study shows young investors are increasingly favoring crypto over traditional U.S. stocks, reflecting a generational divide in investment strategies. As the first members of Generation X approach their 60th birthdays, a significant transfer of wealth is reshaping American investment preferences, with crypto emerging as a favored alternative among younger investors, according to Bank of America‘s latest study. The findings reveal stark generational divides in attitudes toward investment opportunities, with younger affluent Americans increasingly leaning toward alternatives like crypto and private equity, while older generations remain committed to traditional equities. You might also like: Investors shift away from Bitcoin…