Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

21.co announces plans for new operating structure

RegulationDec 7

Crypto investment products firm 21.co plans to split its business into two separate entities as it transitions to a new operating structure. Effective Jan. 6, 21Shares, the crypto exchange-traded products issuer, will operate independently from 21.co Technologies, which will focus on tokenized assets, risk management, and other solutions in the crypto space. Despite this separation, 21.co will remain the holding company for both entities. You might also like: Crypto ETP giant 21Shares urges European regulator to bring regulatory clarity According to the company, the decision to have 21Shares and 21.co Technologies operate as separate entities will allow it to prepare…

XRP Rebranding on Binance as Ripple’s RLUSD Nears Launch

AltcoinsDec 7

A tweet recently highlighted a subtle but significant change at Binance: XRP is no longer referred to as “Ripple” on the exchange. The change, noted in a comparison of screenshots from October 17 and today, signals a shift in branding that has been catching the attention of the crypto community. 🚨 Something has changed at Binance: #XRP is no longer called Ripple on the crypto exchange! Pictures are from October 17 & today 👀 pic.twitter.com/kyvFFLvMQ7 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) October 21, 2024 Understanding the Difference Between XRP and Ripple XRP and Ripple are often mistakenly used interchangeably, but they serve distinct…

Newly Appointed White House Crypto Czar’s XRP Ruling Remarks Resurface

LegalDec 7

A video of David Sacks commenting on the July 2023 ruling in the SEC v. Ripple lawsuit goes viral within the XRP community after his appointment as White House AI and Crypto Czar. Famous XRP community figure Cowboy shared the video on X immediately after U.S. President-elect Donald Trump appointed Sacks as Crypto Czar. Sacks Says Ripple Won SEC Lawsuit Sacks commented on the Ripple/XRP verdict during his appearance on the All-In Podcast on July 14, 2023, a day after Judge Torres released her summary judgment decision. During the podcast, Sacks pointed out that Ripple won the lawsuit, indicating that…

Uniswap Sees Increased Inflows and Wallet Profitability as Investors Consider Profit-Taking Options

ExchangesDec 7

The recent surge in Uniswap’s price showcases a significant shift in market dynamics, particularly following Bitcoin’s remarkable rally that has drawn investor attention. The robust performance of Uniswap (UNI) has resulted in over 60% of its investors enjoying profits, highlighting the altcoin’s resurgence in a competitive market. “The increase in wallet profitability may trigger profit-taking actions, potentially impacting UNI’s price trajectory,” stated a market analyst from COINOTAG. Uniswap’s price surge and increasing wallet profitability signal a bullish trend in the crypto market, with traders poised for potential profit-taking actions. Uniswap Exchange Inflows Surge to New Heights Uniswap exchange inflows saw…

Talus and Tria Collaborate to Simplify Cross-Chain Interactions

BlockchainDec 7

Talus Network has partnered with Tria to enhance blockchain interoperability through intelligent cross-chain interaction solutions. The collaboration integrates Talus’s AI-powered agents with Autonomous Virtual Swap (AVS), aiming to simplify and optimize decentralized operations. Talus 🤝 @useTria We've partnered with Tria to unlock new possibilities and interactions for efficient and intelligent cross-chain Talus AI Agents with Tria’s innovative BestPath AVS. Together, we're building smarter, faster, and more decentralized ecosystems 🌐 pic.twitter.com/mP8IfsXawK — Talus (@TalusNetwork) December 5, 2024 The growing number of blockchain networks has led to operational silos, making cross-chain transactions complex and inefficient. Users need help managing multiple wallets, dealing…

Is Bitcoin price following Trump’s betting odds?

BitcoinDec 7

As the 2024 U.S. presidential election approaches, an intriguing pattern is emerging, showing a correlation between Bitcoin’s (BTC) price and the rising odds of a potential Donald Trump victory. A comparison of Trump’s betting odds to win the election against Vice President Kamala Harris indicates that the former president’s chances have been climbing since October 10, reaching 53% as of press time, according to data from Kalshi. Between October 10 and 14, Trump’s odds increased from around 50% to 54%. During this same period, the price of Bitcoin surged from approximately $60,300 to around $65,000, reflecting an over 7% increase.…

This Altcoin Offered to Sell All of Its Own Tokens in Its Treasury and Buy Bitcoin and These Altcoins Instead!

DeFiDec 7

SushiSwap (SUSHI) has proposed an ambitious strategy to diversify its treasury holdings, which currently consist of 100% of its native SUSHI tokens. The “Treasury Diversification Proposal” sets out a roadmap for creating a more balanced and resilient treasury. The key objectives of this initiative are as follows: Volatility Reduction: Reducing the reliance on SUSHI assets to stabilize the value of the treasury. Increasing Liquidity: Ensuring that the Treasury has sufficient liquid assets for operational and strategic needs. Generate Yield: Leverage diversified assets for staking, lending, or liquidity to generate passive income. Sushi DAO proposes to reallocate treasury assets into three…

ETH Spot ETF Market Records $167.62M Daily Net Inflow, $12.26B Total Assets

EthereumDec 7

The ETH Spot ETF market recorded $167.62 million daily inflows and $12.26 billion in total assets on December 4. Grayscale’s ETHE ETF led with $5.75 billion in net assets and a 7.68% price increase. BlackRock’s ETHA ETF posted the highest daily inflow of $124.35 million and a 7.93% price gain. A recent update by SoSoValue of the US ETH Spot ETF market as of December 4 indicates that the total daily net inflow stands at $167.62 million, reflecting market activity for the day. Cumulatively, the total net inflow for the market has reached $897.82 million with the total value traded…

Tokenization could help stamp vice, projected to beat the $340 billion mark by 2027

RegulationDec 7

Digital fraud is on the rise and according to a Global Payments (GP) report, could surpass the $340 billion mark by 2027. But amid the gloomy forecast, lies a glimmer of hope: tokenization. Per the study, payment cryptographs — tokenization — can be a crucial ally in combating the runaway scams bedeviling the e-commerce sector. GP suggests that tokenization when fully exploited, can ensure timely and secure transaction completion. Through it, users can use biometrics and passkeys to unlock devices linked to their payment credentials. Thus, they act as a barrier to unauthorized access to one’s transactional data. The report…

Chainlink Launches CCIP Private Transactions, ANZ Bank Pilots New Feature

AltcoinsDec 7

Chainlink has expanded its services with the launch of CCIP Private Transactions. This new privacy-preserving feature, which is powered by the Chainlink Blockchain Privacy Manager, will help financial institutions maintain integrity and safety when transacting across blockchain networks. We're excited to announce CCIP Private Transactions, enabling financial institutions to connect private blockchains to the multi-chain economy. Australia and New Zealand Banking Group (ANZ) will be among the first financial institutions to pilot the capability for cross-chain… pic.twitter.com/1Qmm9nURqz — Chainlink (@chainlink) October 22, 2024 The Australia and New Zealand Banking Group (ANZ) is one of the first to use this technology.…