Author: NBTC

In this article, we see how to obtain ADA tokens for free on the Cardano testnet and how to use this particular crypto resource. To do this, it will be necessary to install a decentralized wallet and get in touch with the faucets of the Cardano Foundation. Generally, testnet tokens are used to try out a new blockchain environment without risking losing real money, precisely by testing some functionalities. These coins can also be used to participate in free airdrops. Everything in the details below. What are crypto testnets and what are they used for? Cardano and crypto: how are…

Here’s the new political calculus for a U.S. congressional candidate: You nod to crypto and say you’re on the pro-innovation side, and chances are, a million dollars (or more) could drop from the sky to pay for TV spots that highlight your strengths or pillory your opponent. In any of hundreds of lesser known districts of the House of Representatives, a few hundred thousand dollars tends to make or break a candidate. When the leading crypto-driven political action committee notices you, a massive influx of cash can pave your way straight to Congress. The Fairshake super PAC isn’t subtle. It’s…

As Japan signals its plans to become a leader in institutional blockchain adoption, Fireblocks opens a regional office in Tokyo to support the country’s expanding ecosystem. Crypto custody and blockchain infrastructure provider Fireblocks has opened a new office in Tokyo as part of its strategy to expand in the Asia-Pacific region, the firm said in a blog post. The move comes as Japan is seeing rapid growth in its crypto market, with projections indicating a 54% increase from 2024 to 2032, Fireblocks explained. Fireblocks’ head of APAC, Amy Zhang, says the Tokyo office will help Fireblocks to hire more staff…

Recent analysis from on-chain data provider Glassnode reveals that the current Bitcoin market cycle is experiencing significantly lower average returns than previous cycles. Bitcoin’s performance in the ongoing cycle, which began after hitting bottom in November 2022, shows notable changes in return on investment (ROI) and market volatility, according to data shared by the on-chain analytics firm. The data compares the current cycle with the previous two bull markets, highlighting a transition in Bitcoin’s behavior as it matures into a larger, more stable asset class. Bitcoin Seeing Least ROI For example, from Bitcoin’s bottom in 2015 to the end of…

Portal, the industry’s first custodyless cross-chain solution for Bitcoin, has partnered with Bitfinity Network, the next-gen Ethereum Virtual Machine (EVM) for Bitcoin. This newly formed partnership seeks to change how Bitcoin and other blockchains can easily connect to DeFi applications. As for now, Bitfinity combined its technology with Portal, a company that is trying to fill the gaps in the crypto sphere and increase the functionality of Bitcoin in the DeFi markets. Portal to Bitcoin is teaming up with @bitfinitynet to redefine blockchain interoperability.Combining Portal’s custodyless cross-chain infrastructure and Bitfinity’s EVM compatibility, this partnership paves the way for seamless Bitcoin…

Yesterday, Dec. 10, BlackRock’s Ethereum ETF (ETHA) made a big splash, landing in the top four ETF launches of 2024, according to Nate Geraci, President of the ETF Store. With a daily net inflow of around $81.6574 million, ETHA has seen consistent growth over the past 12 days, making it a key player in the highly competitive cryptocurrency landscape. Yesterday’s data showed that total net inflows for spot Ethereum ETFs reached about $305.74 million. Of this, BlackRock’s ETHA accounted for a big chunk of change – $81.65 million – while Fidelity’s ETF (FETH) led the pack with $202 million. Make…

Standard Chartered, Virtu Financial, and ABN AMRO Clearing have been announced as strategic partners of Global Futures and Options Ltd. (GFO-X), a U.K.-based crypto derivatives platform. On Dec. 9, GFO-X announced that the three firms, alongside market maker IMC, are among the top financial industry players to join the U.K. regulated platform. GFO-X revealed the partnership via a press release, adding that the crypto-focused derivatives trading venue will officially launch in the first quarter of 2025. The platform has collaborated with the companies to meet the requirements for offering Bitcoin (BTC) index futures and options to institutional investors. The products…

Brad Garlinghouse, the CEO of Ripple, expresses confidence that XRP will be one of the crypto industry’s winners thanks to the token’s payment utility. The Ripple CEO made the assertion during an interview yesterday on the Thinking Crypto podcast. During the interview, Garlinghouse commented on different topics relating to XRP ETFs, Ripple’s upcoming stablecoins, and U.S. crypto regulations. SEC Gave ETH Edge Over XRP Through Its Involvement He emphasized that the United States government should not pick winners and losers in the crypto market. Garlinghouse said XRP was the second most valuable asset before the SEC’s involvement in crypto regulation.…

The Lega announces a step back on the increase of taxation on crypto planned by the maneuver in Italy. The rise to 42% will be revised to ensure balance, avoiding penalizing a sector in full expansion. Let’s see all the details in this article. Crypto taxation in Italy: Lega working to correct the increase from 26% to 42% on capital gains The proposals of the Lega The reactions of the market Crypto taxation in Italy: Lega working to correct the increase from 26% to 42% on capital gains A good piece of news for Italian investors in the cryptocurrency sector:…

Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first time, and the market capitalization briefly surpassed $2 trillion. According to on-chain analytics platform Glassnode, Bitcoin miners have earned $71.49 billion since inception, demonstrating the network’s robust security and economic incentives. As of December 5, #Bitcoin miners have earned a cumulative $71.49 billion for securing the network and processing transactions. This includes $67.31 billion in block subsidies and $4.18 billion in transaction fees.Review the chart: https://t.co/U9PqClQutV pic.twitter.com/b76G8Nu8M4 — glassnode (@glassnode)…