Author: NBTC

Ripple has renewed a 2022 partnership with Archax as part of the plans to attract millions of dollars to XRPL by next year. Archax has also announced its acquisition of Spanish broker King & Shaxson Capital Markets (KSCM). Ripple (XRP) has announced an extension of its earlier partnership with the UK’s regulated custodian Archax to drive hundreds of millions of dollars of tokenized Real World Assets (RWA) to the XRP Ledger (XRPL). According to the report, this would also establish the XRPL as one of the leading blockchains for RWA. In 2022, Ripple and Archax established their first partnership when…

Juan Carlos Reyes, the CNAD’s president, sat down with CoinDesk for an exclusive interview. Crypto regulators need to deeply understand the technology before offering regulatory frameworks, Reyes said. Tokenization efforts are particularly attractive as they allow the democratization of access to structured securities. When it comes to regulating crypto, El Salvador has a head-start on most other countries. It was the first nation to adopt bitcoin (BTC) as legal tender, in 2021, and has become home to a wide range of crypto companies. “Looking at the big picture, most people won’t understand what we’re doing in El Salvador, they only…

As the 2024 U.S. presidential election approaches, former President Donald Trump’s pro-crypto stance has gained attention from Bitcoin ($BTC) enthusiasts and analysts. Trump’s proposed policies, including plans to remove SEC Chair Gary Gensler and create a crypto advisory council, signal a notable shift. The #Bitcoin bull market starts when Trump wins the U.S. election! pic.twitter.com/QT3nlMPANN — Crypto Rover (@rovercrc) October 26, 2024 By revisiting regulatory hurdles, he aims to centralize crypto within national policy. Trump’s approach to crypto contrasts with previous years and could represent a catalyst for unprecedented industry growth. Crypto Rover, a prominent crypto analyst, shed his word…

57% of institutional investors in Sygnum’s 2024 survey plan to boost crypto allocations amid the bull run. 65% of respondents are bullish long-term as bitcoin hits new highs. 69% see regulatory clarity, but asset volatility remains a key concern. With the current crypto bull run, the good news just keeps rolling in, and global digital asset banking group Sygnum’s latest annual survey is no exception. The survey released on Thursday revealed that institutions are ready to put bigger bets on digital assets, with a striking 57% planning to ramp up their cryptocurrency exposure, fueled by a growing willingness to take…

The Shiba Inu (SHIB) ecosystem is seeing a positive change as Shibarium, its layer-2 scaling solution, is operating at near-full capacity again. This comeback comes after network struggles and SHIB price rebounds, showing that investors and the wider crypto community are regaining confidence. At the time of writing, SHIB was trading for $0.00001724, up 5% in 24 hours Shibarium adoption soars gradually At its peak, Shibarium saw its transaction count jump as high as 4.75 million, another seven-day high for the protocol. According to Shibarium scan data, the transaction count increased from a low of 4.21 million on Nov. 1…

Republican President-elect Donald Trump promised to ease up crypto enforcement during his campaign. And that’s what’s going to happen as Trump resets policy at the Justice Department and regulatory agencies, current and former government lawyers said at a conference in New York on Friday. Crypto fraud cases won’t get a free pass, but they would no longer be a priority either. The lawyers said that the focus of the government agencies and departments is likely to shift to areas such as immigration law enforcement—another one of Trump’s campaign promises. Scott Hartman, the co-chief of the securities and commodities task force…

Bitcoin’s longest price range since 2016 suggests a potential breakout as early as year-end. Analysts are split on Bitcoin’s ability to reach $90,000–$100,000 after months of price stability. Factors such as inflation concerns and regulatory shifts could drive Bitcoin’s next move. It appears that Bitcoin has maintained a fairly clear trading range for eight months, which is the longest period of volatility in the cryptocurrency since 2016 and 2020. This stability especially when benchmarked to the unpredictable nature of other related markets has seen many observers conclude that a breakout is inevitable. Considering some predictions of the indoor turnover reaching…

The Reserve Bank of India (RBI) is chugging ahead with new central bank digital currency (CBDC) use cases but has not set any target date for full full-fledged launch of the e-rupee. The RBI started its first digital rupee pilot in the wholesale segment two years ago on November 1, 2022, while the retail digital rupee pilot began on December 1, 2022. “We never intended that from day one we will go for a nationwide roll out or anything like that because, after all, we are dealing with currency. The safety, security and the robustness of the design and the…

Cardano is gearing up for the second phase of Chang, a pivotal upgrade designed to implement the final features of Cardano’s minimum viable on-chain governance. In a recent tweet, Cardano builder Input Output Global (IOG) shared the highlights of October’s main updates and achievements from across the Cardano community. The number of token policies increased by 3,287, and the number of minted native tokens increased by 60,000. Plutus scripts grew by 3,358 to a total of 91,698. The total number of transactions increased by 0.98 million over the last month to a total of 97.92 million. Another month, another set…

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $68,750 resistance zone. Bitcoin Price Eyes More Upsides Bitcoin price found support near the $65,500 zone. A low was formed at $65,531…