Author: NBTC

Options show a bullish near-term bias for BTC and USD. Rising odds of a potential Trump victory have galvanized demand for BTC upside exposure. Historically, bitcoin (BTC) has largely maintained a negative correlation with the dollar index (DXY). However, this dynamic may break down around the U.S. election time if the prevailing options pricing is any guide. At press time, one-month 25-delta BTC risk reversals, the skew in the premium paid for calls relative to puts was 1.20, indicating a bullish bias for the next four weeks, according to options trading listed at the Chicago Mercantile Exchange, widely considered a…

Blockchain gaming franchise Illuvium revealed a collaboration this week with Casio’s G-Shock watch brand to release a collection of NFT cards. This collection will be used in the Illuvium Beyond card collection game. Illuvium Beyond is not to be confused with the other three illuvium games that launched this year. This is branded as a collectible card game with a leaderboard that tracks the points value of the top 100 players’ collection of cards, and is available to play on the Illuvium site. This G-Shock collaboration comes as part of the third wave of NFT cards released for Illuvium Beyond.…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Investors embraced a bullish optimism on pro-digital asset policies from the incoming Donald Trump administration, with the price of Bitcoin (BTC) soaring since his presidential victory earlier this month, hitting multiple milestones on its way to $100,000. It feels like the days of Tulip Mania for Bitcoin are back as its price surpassed $98,800 to touch a new record on Nov 21 after the US Securities and Exchange Commission announced Chair Gary Gensler will step down effective…

Shiba Inu price could skyrocket to unimaginable levels if a SHIB ETF gains approval and commands 50% of the Bitcoin ETFs flows. Institutional investors entered the crypto scene following the launch of the spot Bitcoin ETF products. After their eventual launch in January, these investment products attracted massive capital, pumping these funds into the Bitcoin market and catalyzing a positive price reaction. The Success of Bitcoin ETFs As a result, Bitcoin rallied to a new all-time high above $73K in March 2024, right before the latest halving event, marking the first time this phenomenon occurred in a halving year. While…

Renta Network, a blockchain-based platform, has partnered with Openfabric AI in a move that will revolutionize the property rental business. Openfabric AI is a decentralized artificial intelligence network. This partnership is a synergy of two social networks that will strengthen the work of creating an effective and modern system that has not previously existed in property rental. 🚀 Partnership with @openfabricai: Enhancing Property Rental with AIAfter exploring Openfabric AI’s decentralized protocol, we’re thrilled about the opportunities it brings to elevate Renta Network’s vision of transforming the property rental experience.At Renta, we’re… pic.twitter.com/a52X1egE9N — Renta Network (@RentaNetwork) December 1, 2024 A…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Over the weekend, the anonymous founder of Jupiter used a racial slur multiple times in an X post — and the Solana DeFi giant’s competitors perceived an opportunity. The post came in response to another anonymous account asking whether a memecoin containing the slur could be verified on Jupiter. Meow, Jupiter’s founder, left the post up for roughly a day, arguing that he didn’t have malicious intent when making the post. He also reposted an “n-word pass” and wrote that he “didn’t know that there is such…

The XRP Ledger (XRPL) ecosystem has seen a major milestone in token issuance, driven by a new trading protocol on the network. A New Peak in Daily XRPL Token Issuance Notably, on Oct. 17, 2024, data from Santiment confirmed that the XRPL hit an all-time high (ATH) for the number of tokens issued in a single day, reaching a staggering 213 new tokens. This achievement is nearly three times the previous record set in October 2021. XRPL Daily Tokens Issuance | Santiment The record-breaking day follows a notable increase in token issuance over the past week, largely fueled by the…

The Polkadot Blockchain Academy (PBA) has revealed that it will be hosting a new developer course in Switzerland as part of its European comeback. Starting in March 2025, Lucerne University of Applied Sciences and Arts (HSLU) will host PBA Campus’s cohort 6. For the first time in over two years, Polkadot Blockchain Academy is being held in Europe for Cohort 6. As part of the Zug Blockchain initiative and the establishment of the new institution for blockchain research, classes will be given at HSLU’s campus in collaboration with their Blockchain Lab. Developers will learn practical skills for working with Polkadot…

DeFi protocol Ethena announced Tuesday a new partnership with Derive.xyz, the world’s leading on-chain options and structured products platform, featuring a multi-million dollar investment to enhance liquidity and drive growth for both protocols. Under the partnership, Ethena will integrate Derive’s basis trading, options, futures and vaults, leveraging Ethena’s USDe stablecoin and staked USDE to boost liquidity and trading volume, the press release shared with CoinDesk said. Ethena will begin its basis trading on Derive’s perpetual markets, pending approval from the Ethena Risk Council. That’s expected to boost volumes and liquidity on Derive, bolstering Derive users’ ability to execute large orders…

The cryptocurrency industry has witnessed significant fundraising activity, with multiple projects attracting investments from major global firms. These developments underscore the growing confidence in blockchain technology and decentralized finance (DeFi) solutions. MAJOR RECENT CRYPTO FUNDRAISING EVENTS#USDXMoney #WorldLibertyFinancial $WLFI #Partior #U2UNetwork #SchumanFinancial $EUROP #Avant #TalusNetwork #OpenTrade pic.twitter.com/UCPSenjHpU — PHOENIX – Crypto News & Analytics (@pnxgrp) November 30, 2024 According to the Phoenix group, USDX.Money, a blockchain-based stablecoin platform, raised $45 million in a funding round backed by prominent investors, including NGC Ventures, LSE Capital, and UOB Ventures. This capital infusion will accelerate its plans to enhance cross-border payment solutions. The company…