Author: NBTC
In a significant move, major crypto exchange Coinbase has announced new crypto listings on its platform. This development comes at a time when market sentiment is notably positive, with several cryptocurrencies posting significant gains on the 24-hour basis. In a listing announcement, Coinbase announced that Aleo (ALEO) is now live on the Coinbase platform and on the Coinbase iOS and Android apps, with the “Experimental” label, allowing users to buy, sell, convert, send, receive or store the crypto asset. Trading will begin later today if liquidity conditions are met. Once sufficient supply of this asset is established trading on our…
Today at Solana Breakpoint, a global Solana conference, Phantom announced the launch of its new embedded wallets, aimed at simplifying the onboarding process for developers and new users. The announcement was made via Phantom’s official account on X (formerly Twitter). It highlights the company’s commitment to enhancing user experience in the cryptocurrency space. Today at @SolanaConf, we announced embedded wallets to help developers simplify new user onboarding.The most trusted, user-friendly wallet will also be the most app-friendly:📧 Seedless sign-in✨ Full-featured UI🌐 Universal Phantom accountAll for 🆓 pic.twitter.com/6Z42QVb3np — Phantom (@phantom) September 20, 2024 Phantom Introduces User-Centric Features for Improved Wallet…
A month ago, the crypto community latched onto headlines from Arkham Intelligence and kickstarted a misleading news cycle that lasted the entire month of July. Thanks to purposefully ambiguous terms and play-by-play commentary about movements of bitcoin associated with governmental agencies, there are countless people who believe that governments around the world have been buying bitcoin, holding it as a reserve asset, and timing their purchases and sales to maximize gains. It never happened. On July 6, Arkham published an easy-to-read dashboard of ostensible bitcoin holdings by four governments: US, UK, Germany and El Salvador. Many people misinterpreted ‘holdings’ as…
Wyoming-based Custodia Bank argued Wednesday that the Federal Reserve Board has made misrepresentations about Custodia’s crypto-friendly business model to prevent the state-chartered bank from accessing payment and settlement systems. In a 39-page brief, Custodia argued that winning its appeals case would not allow any depository institution to tap the Fed’s systems, nor would it prevent the Fed from being able to mitigate risks that are supposedly associated with banking crypto companies. Earlier this month, 11 Federal Reserve banks that make up the Fed’s operating arm, in addition to the Kansas City Fed, argued that a “dangerous” precedent would be set…
The US government has a significant position in the cryptocurrency space and holds a significant amount of digital assets. According to the latest data from Arkham, a wallet identified as belonging to the government currently holds approximately 203,200 Bitcoins (BTC) worth approximately $12 billion, accounting for the majority of the crypto portfolio. In addition to Bitcoin, the government also controls 50,200 Ethereum (ETH) worth around $130 million and 750.7 wrapped Bitcoin (wBTC) worth around $44.41 million. When other tokens are taken into account, the wallet’s total assets come to around $12.4 billion. Other significant assets held by the U.S. government…
Another day, another fake headline from a crypto influencer. Today, in an alleged first-ever announcement for a state government, Louisiana supposedly announced its acceptance of crypto for the payment of taxes. There is just one problem with that incredible news: It never happened. According to a screenshot and post to X (formerly Twitter) by BitcoinNews.com, Louisiana residents “can now use bitcoin and Bitcoin Lightning Network to pay taxes and fees.” Unfortunately, a fact check reveals that they cannot. According to BitcoinNews.com, Louisiana’s Department of Wildlife and Fisheries accepted bitcoin via the Lightning Network. However, per the actual announcement from Louisiana’s…
Metis, an Ethereum-focused L2 scaling solution, has recently integrated the Cross-Chain Interoperability Protocol of Chainlink. As per Metis, this collaboration targets to widen the range of dApps that the developers can develop on the platform of Metis, paving the way for exclusive opportunities concerning cross-chain functionality. The platform took to social media to provide the details of this development. Our integration with @Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has unlocked a range of new use cases for Metis🌿 builders to explore.From cross-chain payments to multi-chain DEXs, there’s something for everyone. 👇🧵 pic.twitter.com/FZODnMl0Yn — Metis🌿 (@MetisL2) September 20, 2024 Metis Integrates CCIP…
The price of Bitcoin (BTC) fell sharply when it reached the psychological price of $70,000. Price analysis by Coinidol.com. Bitcoin price long-term prediction: bullish On July 29, the Bitcoin price rose to a high of $70,016 but failed to maintain its positive momentum and fell to a low of $63,869. The selling pressure has come to a halt between the moving averages. The price of the cryptocurrency is below the 21-day SMA but above the 50-day SMA. Should the bears break the 50-day SMA support, the price slide will reach a low of $62,000. BTC will be forced to move…
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition: Felix shares his takeaways from yesterday’s Fed cut, and the FOMC’s future economic/rate projections. A former president walks into a bar and buys burgers…with bitcoin. Big deal, or no? What analysts and execs are saying about the latest 50bps rate cut, and a look at what to watch for next.…
The integration of artificial intelligence (AI) into various industries has been accelerating, significantly benefiting companies like NVIDIA and OpenAI. AI’s progression, along with the burgeoning Real-World Asset (RWA) market, suggests a potential for substantial growth, possibly reaching valuations in the trillions. Renowned crypto analyst, Kyren, highlights Hedera (HBAR) and Internet Computer (ICP) as promising altcoins to watch in 2024. Explore the potential future of AI and RWA integration in the crypto market, focusing on Hedera and Internet Computer as key players. AI Integration and the RWA Market: A Growth Paradigm Artificial intelligence continues to revolutionize multiple sectors, pushing companies like…