Author: NBTC
Polygon has been at the heart of asset tokenization, with Sygnum Bank tokenizing private and debt markets, while Hamilton Lane and Apex Group have offered DLT-registered shares. Bitcoin Suisse has issued a tokenized bond on Polygon, while Franklin Templeton debuted its tokenized money fund backed by US Treasuries in 2022. The tokenization of real-world assets has emerged as one of blockchain technology’s biggest applications, with trillions of dollars expected to be brought on-chain by 2030. Polygon is at the heart of this revolution, with some of the world’s pioneer tokenization projects being powered by the Ethereum layer 2 network. 21.co,…
Michael Saylor’s business intelligence company MicroStrategy has once again proven the durability of its Bitcoin investment strategy. The company’s Bitcoin holdings recently hit a valuation of $13 billion, and it has maintained this noteworthy level in spite of the recent market correction. Even in the face of market volatility, this stability suggests that MicroStrategy’s strategy for acquiring and holding Bitcoin is working. An important aspect of MicroStrategy’s investment approach has been the company’s journey to a $13 billion Bitcoin portfolio — consistently buying and amassing Bitcoin over time. MicroStrategy kept adding to its holdings during market corrections, taking advantage of…
New Appointments for the Tangle Community Treasury TL;DR:We present the community-verified results of the two Shimmer network governance votes on the Tangle Community Treasury, held between June 17, 2024, and July 2, 2024. Shimmer token holders have successfully elected new members for the Tangle Treasury DAO – the entity responsible for the Treasury – and the Shimmer Grant Committee. Earlier in June, we asked Shimmer token holders to vote again on two proposals for the Tangle Community Treasury that had failed to reach the minimum voter participation necessary in an earlier round. These proposals were: A new Program Lead for…
As the cryptocurrency market faces uncertainty, Michael Saylor, chairman and cofounder of MicroStrategy, has issued a Bitcoin message expressing his belief in the crypto asset. In a tweet, Saylor declared, “Bitcoin is the Future,” signaling his continued confidence in Bitcoin’s long-term potential despite short-term price swings. Saylor’s statement comes at a time when Bitcoin has seen significant volatility. BTC fell for two days straight before rising in today’s trading session. #Bitcoin is the Future. pic.twitter.com/OwwRzzBZau — Michael Saylor⚡️ (@saylor) August 16, 2024 Much of the decline occurred after the latest (July) U.S. consumer price index (CPI) data was released late…
Shiba Inu lead developer Shytoshi Kusama met with a Japanese politician and former Council Member of the city of Kesennuma at the IVS crypto conference in Japan. Kusama has continued to make headlines amid his attendance of the ongoing conference, scheduled to run until July 6. Notably, last month, Shiba Inu emerged as a gold sponsor of the IVS Crypto 2024 event, marking the latest of a series of sponsorship deals the project has secured in recent times. Shiba Inu Lead’s Physical Presence at IVS Crypto 2024 However, in an interesting twist, Kusama expressed his intentions to physically be present…
A major move by Bitcoin (BTC) whales has just been detected on-chain. According to CryptoQuant, 42,790 BTC were moved out of crypto exchanges on Aug. 15. They are estimated to be worth around $2.5 billion based on the current Bitcoin price. This is a critical development as it comes at a time of sideways movements on the broader crypto market. Market sentiment has been neutral during this time, and no significant gains have been seen from Bitcoin or other coins. This scenario had been forcing investors to sit on the sidelines. However, it appears that large investors, or whales, have…
Decentralized exchanges are the lifeblood of decentralized finance (DeFi), allocating billions of dollars worth in total value locked (TVL) into the industry. Compared to centralized exchanges (CEXs), DEXs only account for a small percentage of the total trading volumes across margin and derivatives trading. However, they’re becoming increasingly more sophisticated with time. They provide some of the same benefits and features found within CEXs but also offer a trustless environment without third parties and some perks of their own. In this article, we aim to provide comprehensive information on the top DEXs in 2024, covering key details about each protocol,…
MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past 24 hours, with price up 11% after the team announced integration with Safepal. EGLD price rose to $32.93 on Friday, breaking higher from lows of $27.35 as most altcoins mirrored Bitcoin’s crash to under $54,000 earlier in the day. The upside also keeps MultiverseX in the green on the weekly time frame, currently with double-digit gains to contrast the picture for most altcoins that are deep red over the same period. MultiverseX soars amid Safepal integration MultiversX , formerly called Elrond, is a blockchain…
Julio Moreno, CryptoQuant’s head of research, highlights that Bitcoin’s price performance during halving years follows a pattern — one that could lead to a major rally in the final months of this year. “Bitcoin price performance in halving years:- 2024 performance really similar to 2016 and 2020 so,” Moreno wrote in a tweet. Bitcoin halving events, which occur approximately every four years and reduce the reward for mining new blocks by half, have historically been followed by substantial price increases. #Bitcoin price performance in halving years:- 2024 performance really similar to 2016 and 2020 so far.- If the price is…
Injective offers plug-and-play modules, enabling developers to quickly build dApps with features like prediction markets and decentralized insurance. Utila integrates with Injective, enhancing institutional clients’ ability to manage Real World Assets efficiently on the platform. In a recent tweet, Injective announced a unique way to provide plug-and-play modules that developers can use to quickly build financial decentralized applications (dApps). One of the most popular features is the exchange module, which supports binary options and allows users to develop prediction markets, betting applications, and much more. The exchange module’s flexibility and ease of use have made it a popular choice among…