Author: NBTC

Ripple’s RLUSD token, a new stablecoin pegged to the U.S. dollar, has witnessed significant on-chain movement ahead of its anticipated launch this year. On November 7, blockchain analytics reported multiple high-volume transfers, totaling 294,000 RLUSD, involving both Ripple’s Treasury and various unidentified wallets. Series of Ripple’s RLUSD Transfers The most substantial transfer involved 78,500 RLUSD, which moved from Ripple’s Treasury to unknown wallets before being transferred again between unknown wallets. Another significant transaction saw 68,500 RLUSD initially moved from the RLUSD Treasury to an unidentified wallet, and then promptly returned to the Treasury. Additionally, transfers of 58,500 RLUSD and 88,500…

Binance, a leading global cryptocurrency exchange, has declared its support for the imminent update on the Filecoin (FIL) network. Scheduled to commence on November 21, 2024, at 01:00 UTC, this update will involve a temporary halt on the deposit and withdrawal functionalities for FIL and other tokens on the network. The intention behind this update is to improve user experience and bolster the network’s reliability. Contents hide 1 What Changes Will Occur During the Update? 2 Will User Experience Improve? What Changes Will Occur During the Update? During this network upgrade, Binance will oversee all necessary technical processes internally, which…

The next few weeks will see bitcoin (BTC) experience massive volatility due to uncertainty surrounding the United States presidential election, the “Trump trade” narrative, and the Q4 seasonality performance the asset has witnessed in past years. Analysts at the crypto exchange Bitfinex said in a weekly report that these factors would create a “perfect storm” for BTC; however, they also promise exciting times ahead for the leading cryptocurrency, regardless of narratives making the rounds in the industry. The “Trump Trade” Narrative The U.S. presidential election has a growing influence on bitcoin’s price movements in the near term. The crypto community…

Donald Trump’s election victory and promised crypto-friendly policies could accelerate digital asset adoption in Latin America, where stablecoins and Bitcoin already serve as inflation shields and remittance channels for millions, experts say. Regional exchanges are reporting a spike in crypto activity as the President-elect’s pro-Bitcoin stance resonates in inflation-hit economies. The president-elect’s pledge to establish a national Bitcoin reserve and ease regulatory burdens arrives as Latin America emerges as a key growth market, processing over $85 billion in crypto transactions annually, according to Chainalysis data. Regional players see Trump’s win as a potential catalyst for increased institutional adoption and cross-border…

Injective, a prominent blockchain, has announced its exclusive collaboration with the Artificial Superintelligence Alliance of Fetch.ai. The integration fuels blockchain innovation and interoperability, bringing together 2 top players in the Web3 sector. The platform took to social media to provide the details of this integration. 1/ AI Finance has arrived on Injective 🤖Injective and the Artificial Superintelligence Alliance (ASI) have officially activated interoperability rails, marking a new era of AI-enabled on-chain finance.Learn more about what’s to come: 👇 pic.twitter.com/jAXhBMSuhq — Injective 🥷 (@injective) November 7, 2024 Injective Integrates with Artificial Superintelligence Alliance for Cross-Chain Functionality Injective pointed out that its…

Bybit, the second-biggest cryptocurrency exchange globally in terms of trading volume, has solidified its position as a significant force in the derivatives market. Between September and October, Bybit’s futures trading volume saw a phenomenal 61% increase. According to a recent report from Wu Blockchain, the monthly trading volume of this top centralized exchange has increased to an astonishing 639 billion, making it one of the largest rises among them. Several important elements are responsible for this remarkable growth: Strategic Listings: Bybit has significantly increased its attractiveness to a wide spectrum of traders by taking the initiative to list both new…

The native token of the Cronos and Crypto.com ecosystem has recorded impressive gains in the past 24 and 168 hours, having surged to over $0.11 for the first time since June. Here are some of the possible reasons behind this massive rally. Roadmap Provided During the US election day fallout, Crypto.com’s CEO, Kris Marszalek, outlined the company’s roadmap for the next few years. It included several brand new features that users will be able to take advantage of, such as fresh crypto offerings, adding stock trading, as well as banking and card services. The first to be launched should be…

Kraken is set to launch ATH, the native token issued by Aethir, alongside the viral meme coin Apu Apustaja. Both ATH and APU will be available for trading on Nov. 12. The Aethir native token will be available for trading on the Kraken crypto exchange starting from Nov. 12 at 14:00 UTC. According to Kraken’s listing roadmap, ATH will be launched alongside the Apu Apustaja meme coin on Nov. 12. Ahead of ATH’s launch, Kraken has provided a price page for traders to monitor its price. The page includes a disclaimer that Aethir (ATH) is not yet available on Kraken,…

Russian President Vladimir Putin has proposed establishing a digital asset platform within the BRICS bloc, according to local media reports. The initiative aims to boost investment flows into emerging economies in South Asia, Africa, and Latin America and could provide new channels for capital in high-growth regions. Speaking at the Valdai Discussion Club, Putin proposed that the BRICS — Brazil, Russia, India, China, and South Africa — create a unified digital asset system to facilitate electronic payments and attract investment in developing markets. Putin said: “We suggest creating a new investment platform for BRICS countries, using electronic assets.” The Russian…

The studio behind mobile game Fableborne has announced that it will be moving the title from Avalanche to the Ethereum sidechain scaling network Ronin, with the developers pointing to Ronin’s robust gaming community as reason for the shift. Fableborne is a mobile multiplayer game that blends action role-playing gameplay with base-building strategy in a quest to create a competitive game that can be played in “short, snackable sessions.” It has completed two open beta testing periods, called seasons, where the developers claim to have seen “explosive growth.” Pixion Games founder and CEO Kam Punia told Decrypt that Fableborne racked up…