Author: NBTC

Crypto wallet Phantom has launched beta support for Base, Coinbase’s layer-2 network, allowing users to manage assets across multiple chains. Phantom, a cryptocurrency wallet initially designed as a Solana-centric application, has announced the rollout of beta support for Base, an Ethereum-based layer-2 network developed by Coinbase. In a blog post, the Phantom team revealed that users can now explore functionalities such as sending, receiving, and purchasing Base-based stablecoins like USD Coin (USDC) and cryptocurrencies such as Ethereum (ETH) using debit and credit cards, Apple Pay, or Coinbase. How to turn on Base:Step 1: Open Phantom on mobile or browserStep 2:…

Analyst and trader Kevin Svenson is saying that a historically accurate signal is once again flashing bullish for Bitcoin (BTC). In a new strategy session, Svenson tells his 79,400 YouTube subscribers that Bitcoin’s Relative Strength Index (RSI) is suddenly repeating a pattern that has historically preceded massive bull runs that lasted for at least six months. “Now taking a look at Bitcoin on the weekly chart, we can see that we are getting the most reliable signal throughout Bitcoin history. In my opinion, the weekly RSI breakout signal is the most reliable signal of all time… Whenever we clearly break…

Data from Lookonchain, a renowned analytics account on X, the Ethereum Foundation made a massive transfer that shocked the community. The Ethereum Foundation is a primary organization that supports the development of Ethereum. Speculation surrounds intentions behind transfer According to Lookonchain, the foundation shifted 2,500 ETH, valued at about $6.06 million, to Bitstamp. The transfer came from a wallet linked to the Ethereum Foundation, which occasionally makes transfers that the market observes keenly. The move signals the possibility of a large sale or transfer of funds for liquidity. This same wallet received a staggering amount of Ethereum almost nine years…

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.…