Author: NBTC
Cryptocurrency fans are always on the lookout for signs that their favorite coins will go up in value. A top trader from Binance, Tree of Alpha, has a hunch about Ethereum. He believes Ethereum will start to rally when we receive good news about ETFs (Exchange Traded Funds) for crypto. ETFs are baskets of investments that people can buy and sell on regular money markets. When they include cryptocurrency, it can mean more people investing in coins like Ethereum, which could push the price upwards. Tree of Alpha says to wait for clear signs that talks are going well between…
To enhance cross-border remittance services, Mastercard Inc. has solidified its partnership with Alipay, the global mobile payment super-app under the umbrella of Ant Group Co. This collaboration marks an expansion of Mastercard’s existing relationship with Alipay, enabling consumers to swiftly send and receive money within their digital wallets, nearly in real-time. The announcement, made via a statement, underscores the significance of the agreement in facilitating seamless transactions for users. With Alipay boasting a user base exceeding a billion consumers in China alone, the partnership promises to streamline international remittances for a vast demographic. Facilitated by financial institutions leveraging Mastercard’s international…
A new study by Research and Markets has predicted a spike in the adoption rates ofblockchain technology in the healthcare industry, propelled by increasing use cases for the emerging technology. The report, attempting to forecast the 10-year growth trajectory for blockchain in health, predicts that the technology will have a market share of $1,029.18 billion by 2034. Presently, blockchain’s market share in healthcare is pegged at $3.33 billion, with the report predicting a compound annual growth rate (CAGR) of 68.41% in under 10 years. According to the report, key drivers for the growth include the skyrocketing demand forimproved healthcare data…
The latest surge in interest for US bitcoin ETFs is putting additional pressure on firms that currently don’t offer their clients access to them, industry watchers say. The 10-fund segment notched record net inflows of $673 million on Feb. 28. Combined trade volumes reached $7.6 billion that day, shattering the previous record of about $4.5 billion set during the ETFs’ first day on the market. Last week’s weekly inflow total for the funds was roughly $1.7 billion — second only to the amount of more than $2.2 billion seen from Feb. 12 to Feb. 16. The trading volumes of the…
Heralded by Ethereum developers as the technical milestone they’d been “dreaming of,” last week’s Dencun upgrade was supposed to forever alter the Ethereum ecosystem—by making transactions on its layer-2 networks exponentially cheaper and thus more accessible. One week later, how do things stand? On the whole, Dencun has delivered exactly as promised. Across layer-2 networks that have already integrated the software update, gas fees have plummeted to unprecedented lows, in most cases by over 90%. At writing, median transaction fees on layer-2 networks Arbitrum, Starknet, Optimism, and Optimism-based chains Base and Zora have all fallen to one cent or below,…
Galaxy Digital will soon introduce crypto exchange-traded products (ETPs). The company teamed up with DWS a year ago to develop products for European investors. LONDON – Galaxy Digital (GLXY), the digital asset financial services firm headed by Michael Novogratz, will introduce crypto exchange-traded products (ETPs) in Europe “in a matter of weeks,” the CEO of its European operations said. Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts. “We partnered with DWS and will, in a matter of weeks, be launching new ETPs in…
In a significant move within the blockchain and decentralized finance (DeFi) sectors, Renzo, the notable restaking hub for Eigenlayer, has announced its recent integration with Chainlink Price Feeds on the Ethereum mainnet. This strategic collaboration aligns Renzo with the top-tier decentralized computing platform, granting it access to reliable, secure, and tamper-proof price feeds. Such integration is pivotal for Renzo as it seeks to offer users secure and expanded access to superior liquid restaking strategies through ezETH, enhancing the DeFi integration process with industry-standard price data feeds. Renzo’s decision to adopt Chainlink Price Feeds, starting with stETH, is not coincidental. Chainlink…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The United States federal government has once again added to its substantial Bitcoin hoard, transferring $922 million worth from wallets associated with Bitfinex hackers in a seizure. Over the course of a series of various seizures and other asset forfeitures, the United States federal government has accumulated and holds enough Bitcoin to unquestionably count as one of the largest whales. In…
Ether (ETH) tumbled as much as 6% Wednesday as hopes dimmed for regulatory approval of a spot-based exchange-traded fund (ETF) in the U.S. The second-largest crypto asset by market capitalization sank to $3,200. Bitcoin (BTC), the largest, dropped to around $62,000 after bouncing to near $64,000 earlier. The broad-market CoinDesk 20 Index (CD20) fell 3%. Ether’s slide occurred after CoinDesk reported that network development organization Ethereum Foundation was under investigation by a “state authority.” Shortly after, Fortune reported that the U.S. Securities and Exchange Commission (SEC) is waging a campaign to classify the Ethereum blockchain’s native token as a security…
The SHIB Army has secured a significant milestone as MEXC, one of the top-ranking centralized crypto exchanges, is set to list partner token K9 Finance (KNINE). In a recent post on X, Shiba Inu Shibarium partner K9 Finance disclosed the upcoming listing of its newly launched KNINE token on MEXC. Per the notification, KNINE will become tradable on the prominent exchange today, March 19, from 15:00 UTC. New Listing 🤝$KNINE will be available on @MEXC_Official on March 19 at 15:00 UTC ▶️ Pair: $KNINE / $USDT▶️ Tax: No▶️ Deposits: Now open Join the K9 DAO Telegram for our voice chat;…