Author: NBTC

Passing the Bitcoin Act would be a massive tailwind for the industry, the report said. CoinShares said the bill, if adopted, would give bitcoin a similar reserve status as gold. The passage of such legislation would lead to significant governmental and institutional interest in bitcoin, the asset manager said. Donald Trump’s administration is likely to provide a more positive environment for cryptocurrencies, and one of the most anticipated developments is the possible adoption of the Bitcoin Act, asset manager CoinShares said in a research blog Wednesday. “This proposal would establish bitcoin as a strategic reserve asset, with the U.S. government…

The Swiss city of Lugano has issued its third bond using blockchain technology. The bond is valued at $139 million and has dual listings on the digital exchange and traditional exchange. According to a Global Government Fintech report on Nov. 7, the city of Lugano has issued three digital bonds – worth a total of 320 million CHF ($365 million) – in the past two years. The digital bonds are issued using distributed-ledger technology and are listed on both the SIX Digital Exchange and the SIX Swiss Exchange, Switzerland’s main stock exchange. The city’s latest blockchain bond was announced on…

On October 31, 16 years ago, a date destined to become historic in the world of technology and finance, Satoshi Nakamoto published the whitepaper of Bitcoin, laying the foundations for a revolution that still continues to influence the global financial sector. The document, titled “Bitcoin: A Peer-to-Peer Electronic Cash System”, has become a milestone for the birth of a new conception of currency and decentralization. Over a decade later, the anniversary of the whitepaper Bitcoin is a moment to reflect on how this innovation has shaped not only the world of cryptocurrencies but also our way of conceiving ownership, money,…

SUI Network is emerging as a formidable player in the crypto space, surpassing Solana in decentralized exchange (DEX) trading volume with a staggering $7.5 billion. The DEX’s rapid growth trajectory is fueled by innovative technological advancements and strategic partnerships, positioning SUI as a strong competitor in blockchain ecosystems. A recent analysis from COINOTAG highlights SUI’s DEX volume growth over 550 days, with key insights on market trends and investor behavior. Explore how SUI Network is reshaping the crypto landscape through impressive DEX growth and investor interest, signaling a bright future for its ecosystem. Key factors behind SUI’s growth The growth…

While the cryptocurrency market continues to be optimistic about a potential rally, investors need to be especially cautious about some altcoins that are poised for significant supply increases in the coming months. Here is that list: JTO: A 166% supply increase is expected in the next six months. A major token unlock is planned for December 7, primarily benefiting investors and core participants. TIA: Token supply will increase by 145% in the next six months. A major unlock on October 31 will result in an 80% supply increase. ONDO: Investors should be prepared for a 134% supply increase in the…

Crypto policy expert and attorney Jake Chervinsky weighed in on the upcoming transition process as former President Donald Trump prepares to take office again on Jan. 20. Crypto Lawyer Jake Chervinsky Predicts Policy Shifts as Trump Prepares for January Inauguration Chervinsky speculates that the outgoing administration could enact various enforcement actions and regulations before Trump takes office, potentially laying the groundwork for immediate policy changes. Trump’s key regulatory issues include appointing a new SEC chair. Chervinsky suggests that current Commissioner Mark Uyeda has a strong shot at the job, while Commissioner Hester Peirce has a lesser shot. But Trump may…

The global crypto ATM market, worth $87.35 million in 2023, is expected to grow at an average rate of 45.7% per year, reaching $2.58 billion by 2032. The global crypto ATM market, valued at $87.35 million in 2023, is expected to reach $2.58 billion by 2032, driven by the increasing adoption of Bitcoin (BTC), per the latest research report by Research and Markets. The market’s growth is attributed to the increasing global acceptance of cryptocurrencies, with analysts saying that regulators are “implementing favorable regulations to promote their [cryptocurrencies] adoption.” “Additionally, the increasing collaboration between crypto ATM providers and financial institutions…

Symbiotic, a permissionless shared security company, has officially partnered with Router Chain, an industry-leading cross-chain infrastructure firm. This partnership demonstrates Router Chain’s dedication to refining a shield for transferring assets between independent blockchains. Symbiotic shared security framework allows small blockchains to benefit from the strong security provided by other networks. This strategy is necessary for smaller blockchains because these networks encounter numerous problems linked to the economic and operational sustainability of large validator pools. Router Chain and Symbiotic Ensure Permissionless Staking to Reinforce Security The collaboration enables Router Chain to integrate with Symbiotic permissionless staking architecture, which connects to the…

Some things in Bitcoin are just not up for debate. The plural of bitcoin is also bitcoin— not bitcoins. (One bitcoin, two bitcoin, three bitcoin…) Bits is a better sub-denomination than sats. (100 sats is actually one bit, like a 100 cents is one dollar; being a wholecoiner makes you the Bitcoin-equivalent of a millionaire, as that would mean you have a million bits.) And October 31st is not Bitcoin’s birthday. Bitcoin’s birthday is January 3rd. It says so right there in block 0: 2009-01-03 19:15:05 GMT +1. On that day Bitcoin’s blockchain launched, with 50 newly generated coins issued…

BlockTower Capital’s crypto investments’ current valuation is $16.3 million. Uniswap (UNI) is the dominant DeFi token in the firm’s portfolio. Crypto investment firm BlockTower Capital reportedly purchased $7 million in prominent DeFi tokens from various crypto trading platforms in the last 12 hours, as tracked by blockchain analytics platform Lookonchain. As Lookonchain reports, the firm’s acquisitions focused on two major tokens — Uniswap (UNI) and Aave (AAVE). Based on etherscan data, it acquired 489,791 UNI, valued at $4.35 million, and 15,578 AAVE, worth $2.86 million, from 5 different trading platforms. BlockTower Capital appears to be buying #Defi tokens.In the past…