Author: NBTC

Crunch, a decentralized machine learning (ML) platform, has joined Cohort 2 of the Solana Incubator (SOL) program in New York, according to the reports shared with Finbold on January 22. As part of the program, Crunch will receive mentorship and resources from the Solana Labs team, helping it expand its decentralized prediction network. Accordingly, the program will help pave the way for real-world applications of machine learning in finance, healthcare, and other industries. Crunch’s machine-learning approach With a growing community already comprising 7,000 machine learning engineers, scientists, and researchers from all over the world, Crunch focuses on delivering advanced artificial…

It’s been a little over a year since BlackRock launched its iShares Bitcoin Trust ETF (IBIT), and the firm’s head of digital assets, Robert Mitchnick, describes the first year as “incredible.” However, he notes that Bitcoin adoption is still in its early stages, particularly among institutional and wealth advisory clients. The iShares Bitcoin Trust ETF saw record inflows and rapid asset accumulation in its inaugural year, driven largely by direct retail investor interest. The ETF also benefited from Bitcoin’s historic rally above $100,000 late last year, although enthusiasm may wane in the early months of 2025. Mitchnick acknowledged the recent…

As the price squeeze continues on the Ethereum market, ETH whales are heightening their sales. Data released by Onchain Lens shows investors are currently cautious as Ether struggles. These movements highlight the dynamic nature of cryptocurrency markets. While other tokens are experiencing downtrends, others are seeing green. Prominent assets like Bitcoin and Solana continue to show strength eyeing further price increases ahead. Whale dumps $12 million of ETH According to data presented by Onchain Lens today, a whale created a new wallet and used it to sell 1,521 Ether tokens for $4.95 million DAI in a single transaction. Based on…

Main Takeaways At this year’s World Economic Forum in Davos, Richard Teng, CEO of Binance, shared an eye-opening perspective on how cryptocurrency is reshaping global remittances. With Binance users saving a staggering $1.75 billion in fees since 2022, Teng’s talk shed light on the economic and social ripple effects of crypto adoption. Redefining Remittance Economics Global remittances, a vital source of income for countless families, are set to reach $913 billion in 2025. Yet, traditional remittance channels remain notoriously expensive, with fees climbing as high as 15-20%, according to the International Monetary Fund. Binance, through its fee-free and instant crypto…

Despite the large volume processed by the XRP Ledger (XRPL) in 2024, the Omni Network CTO believes a 1,000x spike could materialize with greater institutional adoption. Notably, the XRP Ledger has been a leader in institutional-grade blockchain solutions. Last year, the network’s native decentralized exchange (DEX) processed over $3 billion in trading volume. This signaled its growing significance in the crypto scene. Potential Institutional Adoption However, Tyler Tarsi, Co-founder and Chief Technology Officer at Omni Network, believes the XRPL has still not reached its full potential. According to him, the network could see a dramatic increase in adoption, particularly among…

Komainu secures $75M from Blockstream to fuel global expansion and Bitcoin custody innovations. Komainu establishes Bitcoin Treasury to manage Bitcoin received as part of funding. Blockstream CEO Adam Back joins Komainu’s board, marking milestone for institutional Bitcoin adoption. Komainu Holdings, a crypto custody company backed by Nomura Holdings, has raised $75 million from Blockstream Capital Partners to accelerate its global expansion and integrate cutting-edge technologies. This investment will help Komainu expand globally and enhance its digital asset services. Komainu Raises $75M In Funding In a recent tweet post, Komainu announces the completion of Series B fundraising with a $75 million…

Ethereum (ETH) is charting a bullish course, with technical indicators hinting at a potential rally. According to a recent analysis by Titan of Crypto, Ethereum appears to be forming a potential Inverse Head and Shoulders (H&S) pattern within an upward channel, with a target of $7,400 in sight. If confirmed, this pattern could signal the beginning of a significant upward move in the coming months. However, at press time, Ethereum is trading at $3,223, reflecting a daily decline of 1.96% and a weekly drop of nearly 3%, indicating the current market uncertainty. Ethereum technical analysis paints a bullish picture The…

UAE headquartered, DP World, a global player in the logistics and trade ecosystem, has announced at the World Economic Forum in Davos, that it will be issuing a stablecoin, making it the first entity in the logistics and trade ecosystem to do so. DP World in its press release stated that it will be issuing the stablecoin in partnership with financial and technology providers as a means to address the current inefficiencies in cross border payments using stablecoins. The reason behind this move it to help customers in emerging markets such as Asia and Africa to grapple with prolonged settlement…

The cryptocurrency community was stirred when a token named $ZACHXBT emerged and initiated significant on-chain activity. With 500 million $ZACHXBT tokens—constituting 50% of the total supply—sent to the wallet of the prominent blockchain investigator ZachXBT, the developments have sparked intrigue across the sector. Someone created a token named $ZACHXBT and transferred 500M $ZACHXBT(50% of the total supply) to @zachxbt’s wallet.@zachxbt has withdrew 16,059 $SOL($3.81M) from the pool by adding and removing liquidity.He then transferred 16,348 $SOL($3.87M) to #Wintermute.… pic.twitter.com/7Zx8mxEOq9 — Lookonchain (@lookonchain) January 21, 2025 According to Lookonchain,Shortly after the tokens were deposited into ZachXBT’s wallet, activity intensified. ZachXBT added…

Bithumb, one of South Korea’s leading cryptocurrency exchanges, has announced the listing of Aerodrome Finance (AERO) and Solve Protocol (SOLV) on its KRW market, propelling a massive surge in the market value of $AERO. Bithumb Lists $AERO, $SOLV 🚀 에어로드롬 파이낸스(#AERO) 원화 마켓 추가 안내New Listing : $AERO will be added to the KRW market today. For more details 👉 https://t.co/jwvY1izGkV#bithumb #Listing #KRWmarket #AERO @AerodromeFi pic.twitter.com/XwSvqCW6Yp — Bithumb (@BithumbOfficial) January 24, 2025 According to the official announcement, deposits and withdrawals for both SOLV and AERO will commence within two hours of the notice being posted. Trading for the cryptocurrencies is…