Author: NBTC

Fan tokens have witnessed increased investor interest after Binance announced listing SANTOS, Santos FC Fan Token. After the listing announcement, other fan tokens, such as the Paris Saint-Germain fan token and the Manchester City fan token, have witnessed significant gains. Santos FC Fan Token attracted investors’ attention after surging by more than 100% after Binance, the world’s largest exchange by volume, listed the Fan token. According to data from Coinmarketcap, the token is currently trading at $7.08 with a 24-hour trading volume of $283.72 million. The token’s price is up by 113.55%, and its 24-hour trading volume is up by…

BitWise filed an application with the SEC to create an ETF based on its 10 Crypto Index Fund. If approved, this would be the most diversified and extended crypto ETF in the US market. Earlier this week, BitWise also filed for a Solana ETF with the SEC, following the applications of Canary Capital, VanEck, and 21Shares BitWise is Looking to Expand its Crypto ETF Offerings According to the filing, the fund includes Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Chainlink, Bitcoin Cash, Polkadot, and Uniswap. BitWise has maintained this initial fund since 2018, correlating its value with the ten most highly…

With Bitcoin (BTC) seemingly resuming its bullish momentum, a trading analyst has offered insights regarding the asset’s next possible stop. In this context, the maiden cryptocurrency has broken through key resistance levels, signaling a potential rally towards the new record high of $100,000, but several barriers need to be cleared in the short term, MarketMaestro noted in an X post on October 18 This outlook is backed by the fact that Bitcoin appears to be breaking out of a multi-month consolidation pattern in a move reminiscent of the bullish “head and shoulders” formation. According to the expert, Bitcoin’s left shoulder,…

U.S. financial services and bond trading firm Cantor Fitzgerald is reportedly discussing a multibillion-dollar Bitcoin-backed lending program with the help of Tether. The proposed program would allow clients to borrow dollars using Bitcoin as collateral. Initially, the operation would begin with a $2 billion allotment, though it has the potential to expand as crypto sees more adoption, according to a Bloomberg report on Saturday. It’s yet another step towards a symbiotic relationship between Wall Street and the crypto industry, which has deepened this year, particularly as an expected transition in crypto policy comes to the fore as Trump prepares to…

Litecoin (LTC), currently ranked the 19th-largest cryptocurrency, has experienced surging inflows in the past week. This move is fueled by hype surrounding a potential Litecoin Exchange-Traded Fund (ETF). Litecoin inflows, per CoinShares report James Butterfill, a senior researcher at CoinShares, released a blog post showing inflows into digital assets in the past week. Notably, digital asset investment products saw inflows of $901 in the past week. LTC was a top performer, attracting weekly inflows of $1.8 million. Total inflows for the month and this year total $4.5 and $43 million, respectively. As a result, the total assets under management (AUM)…

As Donald Trump returns to the US presidency again, his pro-crypto stance has sparked optimism for Binance. IOHK founder Charles Hoskinson and crypto advisor and VC John Lilic are calling for a pardon for Binance founder Changpeng Zhao. Many hope that the crypto industry will mature at least in the regulatory framework under pro-crypto administrators. This could cut short financial windfalls for regulated businesses in the sector. However, its impact on Binance is speculative at best at the time of writing. Why are there calls for a Presidential Pardon for CZ? A Presidential Pardon is a legal act. In the…

Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals. The following editorial explores seven distinct types of investment methods and how each one works. Dollar-Cost Averaging: The Easiest and Least Risky Approach When investing in bitcoin (BTC), a fundamental point to remember is that you do not need to purchase an entire bitcoin to get started. Bitcoin is divisible down to eight decimal places, allowing…

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore a proposal by Max Keiser that would make El Salvador a pioneer in nation-state debt issuance to purchase bitcoin. Latam Insights Encore: El Salvador Can Follow Microstrategy’s Playbook and Be a Bitcoin Pioneer Once Again El Salvador, a small nation in Latam that came into the spotlight due to President Nayib Bukele’s spearheaded adoption of bitcoin as legal tender, is uniquely positioned to pioneer bitcoin markets again, yet in a different manner. The outcome of…

After Scroll’s listing was postponed by an hour on Binance last Tuesday, there was a wave of excitement after the token finally started trading. However, the excitement soon died down as the token’s value dropped over 30% soon after its launch. This shift is certainly worth looking into, especially since it happened along with movements in Scrolls total value locked (TVL) and its bridging activities. SCR, the native token of Scroll, was first anticipated to show an increase in liquidity. However, unfortunately, the price for the token fell drastically below $0.08, a significant decline of more than 30% from its…

We don’t know a lot yet about Donald Trump’s crypto plans, but we can at least see what’s happened so far. The narrative Nearly three weeks after the 2024 election, we’re still waiting for clear signs of how President-elect Donald Trump’s administration might approach crypto. Here’s what we know so far. Why it matters A large chunk of the crypto industry is betting that Trump’s administration will be friendlier toward crypto than President Joe Biden’s administration was. Companies are filing for new exchange-traded products tied to crypto and prices shot up in the immediate aftermath of the election. Breaking it…