Author: NBTC

Secure Digital Markets’ ‘Year in Review’ Report helps unpack the complexities of crypto and digital assets. It has been years in the making, but the cryptocurrency space has finally entered the financial markets mainstream. With the groundbreaking launch of multiple crypto Exchange-Traded Funds (ETFs) in the US earlier this month and the emergence of large, institutional players as advocates for digital asset investments, Bitcoin is having a historic moment. In quickly surpassing Silver to become the second-largest ETF commodity in the US, this is just the beginning for digital asset allocations from wealth managers, institutional investors, and registered investment advisors.…

In this article we talk about the latest news in the Solana crypto landscape, within which the decentralized exchange Jupiter stands out with its recent initiative “Jupiter Working Group” (JWG) aimed at promoting the project’s crypto community. This is a group of independent collaborators who offer to work on the growth of Jupiter and its crypto JUP, creating a proactive and productive decentralized ecosystem, and facilitating the coordination of the DAO. To form the working group, we find several prominent figures within the Solana community, who have previously worked for other well-known applications. Let’s see all the details below. Crypto…

Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in around $1.9 million in fees on Feb. 25, surpassing Bitcoin’s $1.2 million on the same day. This trend has persisted since mid-month, with Uniswap pulling in an average of $2.1 million in fees over the last week, compared to BTC’s $1.4 million. Meanwhile, Ethereum is the overall leader in terms of transaction fees. The blockchain network generated $10.6 million in fees during the past day and an average of $13…

A UK newspaper says it has started an investigation after it published an article that appeared to promote a suspicious NFT project claiming to be in support of the country’s National Health Service (NHS). On Wednesday the Northamptonshire Telegraph ran an article promoting the ‘Nurse Coin Token and NFT’ via its Your World contributor system, which allows anybody to publish stories on the newspaper’s website. The article’s author, Sylvester Sean Masango, describes himself as a ‘crypto wizard’ helping “to bolster the welfare of NHS heroes and their families,” with his NFTs. According to Masango, purchasing one NFT costs $334 and…

Despite Ethereum’s position as a frontrunner in the altcoin sector, its growth has been stunted by a bearish trend that has held a tight grip on the market in recent weeks. A closer look at the ETH chart reveals that the expected volatility spike that could catalyze a bullish reversal has yet to materialize. Layer-2 network adoption and ecosystem expansion First, the surge of layer-2 solutions like Arbitrum and Optimism could be a catalyst for Ethereum’s growth. These networks aim to enhance Ethereum’s ecosystem by providing the much-needed scalability and reduced fees, potentially driving renewed interest and increased adoption of…

Russia’s biggest securities and banking association has launched a “council” for the self-regulation of “digital assets.” Per RBC and an official National Association of Stock Market Participants (NAUFOR) announcement, the NAUFOR’s Board of Directors created the council on January 30. NAUFOR is a self-regulatory organization that comprises 647 banks and licensed securities providers. Financial heavyweights such as the megabanks Sberbank and VTB are key members, as are the likes of Ingosstrakh-Investments Asset Management. RBC noted that “most” Russian “information system operators” that “issue digital assets” are either “members of NAUFOR or are associated with” the body. NAUFOR said its new…

A crypto researcher has argued that U.S. banks may remain averse to XRP usage unless the U.S. regulator openly declares XRP as non-security. In a recent exchange on social media platform X, digital asset researcher Anderson argued a requisite condition that must be in place for U.S. financial institutions to adopt XRP. The context of the conversation surrounded speculation on whether the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple prevented significant development progress for the XRP Ledger (XRPL). Attorney Bill Morgan initiated the discourse by asking why crucial developments such as automated market makers failed to surface on…

Decentralized exchange (DEX) and decentralized finance (DeFi) protocol PancakeSwap has launched a discussion proposal to introduce an “Affiliate” initiative to the DeFi community. The initiative has several goals. These include fostering open-source scalability for the exchange, promoting collaboration across multiple blockchain networks, and helping the protocol stay up-to-date with the crypto industry’s developments. Per the announcement shared with Cryptonews, “The team is proposing to roll out an “Affiliate” initiative whereby DeFi protocols can fork PancakeSwap on blockchains where it is not currently deployed.” The team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any…

Crypto Homosapiens (CHS) is here to give NFT lovers an incredible opportunity to earn substantial profits.—With a captivating theme that traces its story as far back as 6,500 years, Crypto Homosapien NFTs bring about fun and excitement with an opportunity for rewards like never before. There are 10,000 Homosapiens in the CHS collection that are about to change the game as we know it. From giving access to lifetime royalties to the legendary Jungle Box that comes with Meta Rooms for exclusive events and friendly interactions, participants in the upcoming CHS presale get to become a part of a thriving…

TD Cowen has provided a clearer timeline for when a spot Ethereum exchange-traded fund (ETF) might be approved in the United States. The bank stated that if Gensler takes a different approach, such as becoming the Treasury Secretary in the event of President Joe Biden winning a second term, he will still need progressive support. Last week, the SEC once again postponed Grayscale Investments’ proposal for a spot Ethereum ETF, following delays in other applications earlier this month. American bank TD Cowen has unveiled its predictions regarding the approval of spot Ethereum ETF applications. TD Cowen Releases Spot Ethereum ETF…