Author: NBTC

Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing to Reach Widespread Adoption in El Salvador Numbers from the central bank found out that, even with the advantages that it might offer, crypto has had a hard time breaking into the current remittance structure in El Salvador. The volume of remittances processed through crypto means fell by 44.5%…

Real-world asset tokenization launchpad Collateralize has jumped 310% since May 17 after Solana Labs co-founder Anatoly Yakovenko reposted a product demonstration X post. Its COLLAT token’s market capitalization jumped to more than $82 million on May 20 from $20 million on May 17, according to The Defiant’s price feeds. It has since retreated a bit to $61 million. COLLAT chart Collateralize enables tokenizing any real-world asset (RWA), from baseball cards to real estate. The protocol uses a dynamic bonding curve, and once that goal has been reached, the asset begins trading on the Meteora decentralized exchange (DEX). Meteora has audited…

Bitcoin (BTC) had a great end to May, but it’s not looking so good for June. After hitting an all-time high of $111,980 last week, Bitcoin has slipped back to the $104,000 range, with one major technical indicator showing early signs of pressure. The daily Bollinger Bands, which track volatility and trend shifts, have narrowed a lot after the May peak. Price action has moved toward the lower half of the band range and is now hovering close to the midline at $104,278. If it drops below the lower band, it could hit the six-figure level again. This comes after…

stabble, a leading high-yield liquidity platform on Solana blockchain, is collaborating with Kima Network, a well-known decentralized settlement infrastructure network. The partnership redefines decentralized finance (DeFi) by simplifying stablecoin deposits across chains with a fiat on-ramp in a completely decentralized manner. In this respect, the users can deposit the prominent stablecoins, $USDC and $USDT. Kima Network to Deliver Simplified Stablecoin Deposits via Fiat Onboarding stabble’s partnership with Kima Network underscores a revolutionary step for decentralized finance (DeFi). Hence, the collaboration enables the deposits in $USDC and $USDT in a seamless manner. For this purpose, it introduces a fiat on-ramp in…

Big news rippled through the BNB Smart Chain community recently as the BSC Foundation made a notable move in the market. This entity, dedicated to fostering growth and development within the BNB Smart Chain ecosystem, executed a significant Crypto Purchase, signaling confidence and strategic support for key projects. What is the BSC Foundation and Why Does its Crypto Purchase Matter? The BSC Foundation acts as a key driver for the BNB Smart Chain, providing resources, funding, and strategic direction to projects building on the network. Think of it as an engine room, constantly working to enhance the chain’s infrastructure, security,…

The Graph, an indexing and query protocol, has integrated Chainlink’s interoperability standard to enable cross-chain transfer of its native token. The Graph (GRT) announced that this adoption of the Chainlink (LINK) interoperability standard will allow users to bridge GRT across multiple blockchains, including Solana, Arbitrum and Base. Tapping into Chainlink’s cross-chain interoperability protocol is a key step towards the expansion of GRT’s accessibility and utility, The Graph team noted in a blog post. GRT support for Solana is a major move that will boost not just the SOL ecosystem, but broader blockchain space. “Extending GRT’s availability to Solana paves the…

FTX creditor representative Sunil Kavuri has provided a new update on the next distribution of claim payments to creditors of the defunct crypto exchange. Recall that FTX commenced the distribution of funds to eligible users on February 18, 2025, starting with small creditors with claims under $50,000. According to Kavuri, FTX paid creditors in this category (those entitled to claims under $50,000) 120% of their initial claim value. This indicates that creditors received a 20% premium on their original claim value. Afterward, FTX commenced the second round of repayments on May 30, 2025, distributing $5 billion to creditors with claims…

Bitcoin price stands at $103,997 to $104,281 over the last hour as of June 1, 2025, with a market cap of around $2.06 trillion. During the past 24 hours, the leading crypto asset has recorded a trading volume of $15.8 billion within an intraday range of $103,127 to $104,947 per bitcoin, reflecting a narrow consolidation phase after a notable but modest correction. Bitcoin The hourly chart shows bitcoin entering a consolidation pattern between $103,127 and $104,947, with volume slightly increasing on green candles. This indicates early-stage accumulation and a possible shift in short-term sentiment. Technical patterns suggest the formation of…

Coinbase is acquiring Liquifi, a token management platform designed to help early-stage projects, the crypto exchange said in a blog post on Wednesday. The company, which is being bought for an undisclosed sum, previously raised $5 million in a 2022 funding round that included participation from former Coinbase CTO Balaji Srinivasan and Anthony Pompliano, the entrepreneur and social media personality, according to Cryptorank. Allowing organizations to manage a “high-stakes maze of legal, tax, and compliance hurdles,” among other pitfalls associated with the cryptosphere, Coinbase said that Liquifi is already being tapped by entities including the Uniswap Foundation and OP Labs.…

Bond performance is in the gutter while bitcoin is reaching all-time highs. Savvy financial advisors are now telling their peers to throw out bonds and replace them with crypto. Abra’s Barhydt Predicts Crypto Will Replace Classic 60/40 Asset Allocation The decades-long rule of thumb for diversifying assets in a client portfolio by allocating 60% of the capital to equities and 40% to bonds, the so-called “60/40” model, may end up going the way of the dodo bird, thanks to crypto; at least that’s what Bill Barhydt, CEO of crypto wealth management platform Abra told Bitcoin.com News in an interview. “Right…