Author: NBTC

21Shares US LLC today announced Federico Brokate as the new VP, Head of US Business. According to Bloomberg ETF analyst Eric Balchunas, Brokate was instrumental in bringing BlackRock’s crypto ETFs IBIT and ETHA to market. “Big-time hire by 21Shares, byproduct of their recent growth,” added Balchunas. According to the announcement, Brokate’s appointment aligns with 21Shares’ US growth, now boasting six crypto-asset ETFs, $3.2 billion in assets, and nearly 50 employees. Ophelia Snyder, Co-Founder and President of 21Shares, expressed excitement about the company’s US trajectory and Brokate’s anticipated contribution. “Federico brings to 21Shares years of ETF industry experience across strategy, distribution,…

The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection surged to the forefront of the market with a total of US$919,152 in daily sales on Wednesday. BAYC ended DMarket’s near week-long streak of leading daily NFT sales, CryptoSlam data shows. BAYC is the world’s second-leading collection in all-time NFT sales with around US$3.18 billion. It’s second only to Axie Infinity’s US$4.27 billion. DMarket from the Mythos blockchain was pushed down to the second spot on Wednesday despite a small sales bump to US$698,815 from US$685,764. Solana’s DeGods claimed the third spot in the daily rankings with sales of US$651,574.…

Ethereum ETFs boosted the crypto ETF landscape after recording a net inflow of $155 million last week. ICO-era Ethereum wallet transfers an additional 5K ETH to OKX, extending his potential sale to $154 million. Ethereum could rally by 20% but faces key trendline hurdle amid retest of crucial resistance level. Ethereum (ETH) is up 1% on Monday and is looking set for a 20% rally following buying momentum from traditional investors across ETH ETFs. However, it faces potential bearish pressure from a likely dump by an old whale and resistance around a key trendline. Daily digest market movers: Ethereum ETFs,…

Pump.Fun, a Solana-based token generator, set a lifetime record by generating $5.3 million in fees over the past 24 hours, surpassing all other platforms, including blockchains like Ethereum, Tron, and Solana itself. Pump.Fun recently eliminated the $2 fee for token creation, shifting this cost to the first buyer of the token which led to an explosion in token creation and complaints. Token generator Pump.Fun raked $5.3 million in daily fees, a lifetime record, to become the highest-grossing platform in the crypto market, ahead of more prominent protocols and entire blockchains. The silver went to Ethereum’s staking application Lido which was…

According to what was reported in an email to The Cryptonomist, the Lava Network project is about to launch tomorrow the crypto airdrop of its governance token LAVA. The new cryptocurrency can be staked by validators and providers, and staked by token holders, fueling a modular data network. Are we still in time to qualify for the airdrop? Let’s find out together. What is the Lava Network project and how does it work? Crypto airdrop of the governance token LAVA scheduled for tomorrow Tokenomics of the crypto LAVA Is it still possible to participate in the airdrop of the crypto…

MicroStrategy is pioneering bitcoin capital markets, the report said. The firm has raised $4 billion of convertible debt to buy bitcoin. No other company has an active bitcoin investing strategy that can attract large amounts of capital, Bernstein said. MicroStrategy (MSTR) is not just a software firm diversifying its corporate treasury into cryptocurrency, it is pioneering bitcoin (BTC) capital markets, broker Bernstein said in a research report on Tuesday. “MSTR is the only corporate that has developed institutional demand for bitcoin linked convertibles,” analysts Gautam Chhugani and Mahika Sapra wrote. The broker notes that to date MicroStrategy has raised $4…

Liquid staking platform Kelp DAO is launching its Gain program, allowing users to earn airdrops and other rewards. According to an Aug. 13 announcement, Kelp’s Gain allows users to access streamlined strategies to earn additional rewards from their liquid staking efforts. At first, the Gain program will only feature the Airdrop Gain Vault, which simplifies participation in airdrop opportunities across various layer two protocols without the need to manage individual positions. It’s time. Gain powered by Kelp is now live!Your degen concierge is at your service.Our first offering? Airdrop Gain🪂 https://t.co/yhaMzKomAeOne click, endless possibilities. And there’s also a token!Here’s everything…

Ether pulled ahead of bitcoin and the CD20 during the Tuesday trading day in Asia as ETH ETFs reversed their outflow trends. Many DEX tokens were also up as some of the largest protocols showed positive trends in fee generation. Ether (ETH) is up 4%, beating the CoinDesk 20 (CD20) index as inflow into the Ethereum exchange-traded funds (ETFs) picks up and the many of the largest decentralized exchanges (DEXs) show signs of growth.Data from SoSoValue shows that daily net inflow into the U.S.-listed spot ether ETFs his $4.93 million Monday, with Grayscale’s two funds posting no flows, while Fidelity’s…

Inflation in July for the U.S. came in mostly as forecast as the stage continues to be set for the Federal Reserve to begin cutting rates at its upcoming mid-September meeting. The Consumer Price Index rose 0.2% in July, according to a U.S. government report Wednesday morning. That’s up from a decline of 0.1% in June and against expectations for 0.2%. On a year-over-year basis, the CPI was higher by 2.9% versus 3% expected and 3% in June. The core CPI – which strips out food and energy costs – was higher by 0.2% in July versus 0.2% expected and…

Polygon’s daily active users hit 1.67 million, an increase of 227% this year. The Total Volume Locked (TVL) decreased by 4.8% to $818.88 million. The Polygon PoS chain has been performing very well in the past few weeks, hitting new highs in daily active users and transactions. As reported by PolygonScan, the daily active address count on the Polygon network is also skyrocketing. The addresses reached 1.669 million, which is 227%, and has doubled since the beginning of the year. This significant rise in user activity indicates the network’s growing importance in the blockchain sector. Source: Polygonscan This growth highlights…