Author: NBTC

BlackRock’s Bitcoin ETF (IBIT) now has more assets under management (AUM) than all 50+ regional ETFs in the European market combined. Some of these products have existed for 20 years, highlighting IBIT’s unprecedented rise. Bitcoin ETFs have been enjoying record-high inflows in the past month, and BlackRock is comfortably leading the cohort. BlackRock’s IBIT: A Historic Success This surprising stat was revealed earlier today by ETF analyst Todd Sohn, and his analysis centered on the viability of these regional ETFs and their comparison to the runaway success of Bitcoin products. “IBIT already has as much in assets as the 50…

Bitcoin (BTC) is not the only one setting milestones. HyperLiquid, the leading on-chain perpetuals trading protocol operating on its custom-built layer 1 blockchain, is setting impressive records, too, with the platform seeing more activity in ether (ETH) than bitcoin. The cumulative perpetuals volume on the platform has surged past $500 billion, registering a staggering 15-fold year-to-date rise, according to DefiLlama. The platform has seen an average daily volume of over $5 billion in the past seven days, accounting for over 45% of the total onchain perpetuals market activity of the past 24 hours. What’s more interesting is that ether, not…

The popular cryptocurrency XRP is showing interesting dynamics in its trading activity today. According to data from CoinGlass, the trading volume of derivatives, namely perpetual futures on XRP, is growing by more than 50% today. At the same time, all other crypto assets are experiencing an opposite decline in trading volume, both on the spot and futures markets. The clue to such anomalous nonconformist movement of the seventh largest cryptocurrency may lie in the interesting situation of the SEC’s case against Ripple. The thing is that everyone expected the regulator to file an appeal against the crypto company yesterday. However,…

Gunzilla Games, the creator of popular crypto battle royale shooter Off the Grid, has partnered with investment firm Delphi Ventures to form the not-for-profit GUNZ Foundation, which will oversee the upcoming GUN token and GUNZ mainnet launch on the Avalanche blockchain. Off the Grid entered public early access in October to rave reviews from players, with a flurry of clips going viral that showcased its unique gameplay. The game drops players into a reality TV setting, where show participants have their arms and legs replaced with robotic limbs with special powers. These players then fight it out in a battle…

OKX has announced the listing of USDT-margined perpetual futures for VIRTUAL and SUNDOG cryptocurrencies. OKX to Launch Perpetual Futures for VIRTUAL and SUNDOG Tokens Trading of these pairs will begin on December 11, 2024, with launch times ranging from 13:00 to 13:15. Listing Details VIRTUAL/USDT Perpetual Futures: Start Time: 13:00 Entity: Virtuals Protocol About: Virtuals Protocol focuses on creating a co-ownership layer for autonomous AI agents, enabling users to launch or integrate tokens into AI-based platforms. Website: Virtuals Protocol Twitter: @virtuals_io SUNDOG/USDT Perpetual Futures: Start Time: 10:15 UTC Asset: Sundog (SUNDOG) About: Sundog is a meme token centered on the…

Google’s announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin’s encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is a new type of computing that uses the strange properties of quantum physics, where small particles can exist in multiple states at once and affect each other instantly across distances to solve certain problems way faster than regular computers. Unlike traditional computers that work with…

Ethena Labs announced the launch of its synthetic USDe stablecoin on Dec. 16, 2024, as the token’s market cap reached $5.73 billion, an all-time high. In a post on X, Ethena Labs, built on the Ethereum blockchain, announced a possible launch for its stablecoin USDe which is pegged with the U.S. dollar. It is mainly built as a yield-generating asset rather than an intermediary for a transaction, similar to Tether (USDT) or USD Coin (USDC). 16.12.2024 pic.twitter.com/zmRQyCFfy9 — Ethena Labs (@ethena_labs) December 12, 2024 Ethena Labs announcement of USDe stablecoin on X. In contrast to the traditional fiat-reserve-backed stablecoins, USDe…

Almost 150 memecoins themed around the death of One Direction singer Liam Payne have been created on the crypto platform Pump.fun merely minutes after his passing was announced. The first memecoin themed around Payne’s death was created yesterday at 9:29 PM (UTC+1), minutes after his death took place at around 5 PM in Argentina (UTC−3). Payne fell from the third floor of his hotel balcony shortly after police received a phone call reporting an “aggressive man who could be under the influence of drugs or alcohol.” Officials found his room trashed, with various drug paraphernalia littered in the bathtub and…

Popular Telegram tap-to-earn game TapSwap revealed it will launch its TAPS token on The Open Network (TON) alongside an airdrop of rewards for players in the second half of January 2025. TAPS will become a critical resource in the TapSwap ecosystem, the developers said, granting holders access to tournaments, staking rewards, and governance participation. Whether or not a player receives the TAPS airdrop will be determined by the player’s overall engagement within TapSwap—in other words, how often a player interacted within TapSwap or played the game. Users will need to connect their wallet to receive the airdrop. What started as…

Crypto.com users are provided with a quick and safe method to fund their accounts for crypto purchases. Users are limited to a maximum of 40,000,000 AED every month. Users who have a phone number in the United Arab Emirates may now effortlessly deposit and withdraw AED into their Crypto.com account. Crypto.com is pleased to announce that the AED Fiat Wallet is now accessible to users in the United Arab Emirates. In order to purchase and sell cryptocurrency, users who have a phone number in the United Arab Emirates may now effortlessly deposit and withdraw AED into their Crypto.com account. Users…