Author: NBTC

Cryptocurrency fund manager Bitwise Asset Management has filed for an XRP Spot ETF in the United States, in a move that Ripple supporters see as a significant development. The filing comes amid Ripple’s ongoing legal battles with the U.S. Securities and Exchange Commission (SEC), which has accused the company of raising $1.3 billion through unregistered XRP sales. XRP Spot ETF Application Is a Prep for Trump’s Possible Victory, According to Analyst In 2023, a court ruling found that XRP is not a security when traded on public exchanges. However, institutional sales of XRP were deemed to violate securities laws because…

Infinex, a newly launched platform that aims to make it easier for DeFi applications to use across multiple blockchains, has selected Wormhole as its primary multi-chain infrastructure provider. Founded by Synthetix creator Kain WARWICK, Infinex provides a simplified interface that aims to abstract many of the complexities associated with using DeFi protocols across multiple blockchains, such as managing multiple wallets, paying gas fees, and using cross-chain bridges. The total value locked is over $125 million. The partnership marks the beginning of a deep, multi-faceted collaboration, with more integrations in the works and additional features set to roll out in the…

According to market analysts, Bitcoin and gold have both rallied in recent days on the back of increased global liquidity, central bank balance sheet expansion and the Fed’s recent rate cuts. Bitcoin has risen 7% in the last five days, surpassing $64,000 for the first time since August, while gold has also hit a new record this year, reaching $2,600 per ounce. Charlie Bilello, Chief Market Strategist at Creative Planning, noted that for the first time since Bitcoin’s inception in 2009, both Bitcoin and gold were among the best-performing assets of the year. Analyst James Van Straten attributes this outperformance…

Ethereum maintains over 50% of the total blockchain TVL, largely due to its vast DeFi ecosystem and smart contract capabilities. Tron has rapidly expanded its TVL through its focus on decentralized finance, solidifying its position in the crypto market. BNB appeals to developers and users for its high transaction speed and low fees, making it a strong contender in DeFi. In this highly developing area of DeFi, many blockchains are competing to be the king among them for offering special features, scalability, and low cost. TVL is an important metric that measures how much value has been locked into these…

Ethereum (ETH) price has recently experienced a 13% decline, with prices dipping towards the end of September. Despite this drop, Ethereum is currently holding strong above its bear market support floor, suggesting that the cryptocurrency may be poised for a recovery. Investors are now looking for bullish signals that could push ETH beyond the six-week barrier, bringing new opportunities for price growth. Ethereum Investors Are Resilient Ethereum’s long-term holders (LTHs) are showing renewed strength, as indicated by the Liveliness metric. This indicator tracks LTHs’ behavior, declining when they accumulate and increasing when they liquidate their holdings. Currently, the LTHs are…

Palau’s government in partnership with Soramitsu and Japan’s ministry has launched a blockchain-based savings bond prototype aimed at enhancing domestic investment growth. Palau is launching a blockchain-based savings bond system developed in collaboration with Japanese blockchain firm Soramitsu and Japan‘s Ministry of Economy, Trade and Industry to provide citizens with investment opportunities in domestic infrastructure projects. In a Tuesday press release on Oct. 8, Soramitsu said the so-called “Palau Invest” initiative seeks to empower citizens by providing them with a new means to invest in national projects while earning yields from those investments. Based on the SORA v3 Hub Chain’s…

Wrapped Dog brings the fun of meme coins to the advanced Solana blockchain, enhancing user engagement and transaction speed. BlackCardCoin connects cryptocurrency users to a straightforward spending experience, seamlessly integrating traditional and digital finance. Both cryptocurrencies focus on sustainable growth and user rewards, fostering community participation and long-term viability in the market. The world of cryptocurrency is constantly evolving, with new coins and tokens emerging to challenge the status quo. From meme coins like Wrapped Dog and Shiba Inu to industry giants like Bitcoin and XRP, these are the most viewed cryptocurrencies shaping the future of finance and digital transactions.…

Cross-chain interoperability protocol deBridge has launched deBridge Hooks to enable real-time, multi-chain data transfer across the decentralized finance ecosystem. DdeBridge introduced the new feature in an Oct. 8 announcement, noting that the deBridge Hooks rollout will benefit developers and protocols seeking cross-chain communication. What are deBridge Hooks? With deBridge Hooks, users such as market makers can now benefit from near-instant distribution of assets, user registration, onboarding processes, and experiences. Hooks will also boost efficiency across decentralized finance applications. Applications running on one chain can receive deposits from another network — for instance, from Solana (SOL) based lending protocol Kamino to…

Robert Kiyosaki, financial expert, Bitcoin investor, and the author of the popular book on finance management “Rich Dad Poor Dad”, has published a tweet, in which he made two staggering Bitcoin price predictions. He revealed a big reason, why he believes that BTC is likely to soar to $1 million per coin. AI to shake Bitcoin and the world of money: Kiyosaki In the tweet published earlier today, Kiyosaki named AI as the key driver for crucial changes in the world of finance over the next years. He mentioned a book soon to be published about how money will be…

The United States Supreme Court has denied hearing a case involving “stolen” BTC from the formerly prosperous Silk Road marketplace. The decision permits the state to sell the coins valued at around $4 billion USD, but this news and that of a ‘Satoshi reveal’ on HBO still aren’t stopping crypto OGs from ceaselessly developing P2P (peer-to-peer) use cases for bitcoin. Right off the bat it should be noted: “Bitcoin” for the purposes of this article means the definition written down in Satoshi Nakamoto’s whitepaper. Namely, “A purely peer-to-peer version of electronic cash [that allows] online payments to be sent directly…