Author: NBTC

XRP gains wider exposure to over 50 markets globally as XRPL Labs forges a partnership with C14, an on-ramp solution provider. The XRPL-based wallet Xaman (formerly Xumm), developed by XRPL Labs, has integrated C14 as a new fiat-to-crypto outlet. This integration lets users purchase crypto assets on the Xahau blockchain directly within the Xaman wallet. XRP Taken to 50+ Countries As a result, users from more than 50 countries can now easily procure XRP and Xahau’s network token, XAH, using various fiat currencies. This has become possible following Xaman’s June partnership with C14. In a post on X yesterday, Xaman…

Does Paetongtarn Shinawatra’s ascent to power mark the dawn of a crypto-friendly Thailand, or is her silence on the issue a sign of caution? Table of Contents Who is the new Thailand PM, and why does it matter? Will Paetongtarn follow in her father’s crypto footsteps? Thailand’s strides toward crypto integration Will Paetongtarn keep Thailand on the crypto-friendly path? Who is the new Thailand PM, and why does it matter? Thailand has made history by electing its youngest Prime Minister ever — Paetongtarn Shinawatra, a 37-year-old political newcomer from one of the nation’s most influential and controversial families. After a…

Marathon Digital sold debt to buy bitcoin, after BTC mining profits deteriorated this year. The miner is following Michael Saylor’s footsteps in using borrowed money to add BTC to its balance sheet. Billionaire Michael Saylor famously pioneered large-scale corporate purchases of bitcoin (BTC), using borrowed money to turn his publicly traded software developer MicroStrategy (MSTR) into one of the world’s largest holders of the cryptocurrency. Now, another company – a surprising one – is following a similar strategy. It’s a bitcoin miner, a company that can theoretically snag discounted BTC through mining. The fact that it’s following Saylor’s playbook, selling…

Tether Holdings, the issuer of the world’s leading stablecoin USDT, has decided not to launch its own blockchain. Paolo Ardoino, the CEO of Tether, talked about this decision, citing an overly saturated market. Meanwhile, there is a flurry of new blockchains being introduced in the crypto ecosystem, often without clear use cases. Tether CEO Believes Blockchains Are Just Transportation Layers Paolo Ardoino, the CEO of Tether, expressed his perspective in an interview with Bloomberg. “We are very good in technology, but I think blockchains will become almost a commodity in the future. Launching a blockchain ourselves might not be the…

BlackRock’s aggressive push into Bitcoin has brought its holdings to nearly 350,000 BTC, making it the third-largest holder globally after Satoshi Nakamoto and Binance, according to on-chain data. This substantial accumulation comes as BlackRock continues to establish itself as a dominant player in the cryptocurrency space, driven by its various ETF products and growing interest from institutional investors. BlackRock Now Owns Nearly 350,000 Bitcoins BlackRock’s entry into Bitcoin has been a major turning point for the industry. Historically, BlackRock CEO Larry Fink was a vocal skeptic of Bitcoin, dismissing it as a speculative and potentially dangerous asset. However, his stance…

The ether ETF will trade under the ticker code ETHA39 as a Brazilian depositary receipt, a certificate that represents shares of foreign companies. In March, BlackRock’s iShares Bitcoin Trust ETF (IBIT) started trading on the Brazilian stock exchange. BlackRock will list its iShares Ethereum Trust (ETHA), on Brazil’s B3 exchange on Wednesday, according to local media outlet Portal do Bitcoin. The ETF will trade under the ticker code ETHA39 as a Brazilian depositary receipt (BDR), a certificate that represents shares of foreign companies traded in the South American country. “The launch of ETHA39 now allows investors to have access to…

The Bank of Korea (BoK) is possibly considering rate cuts, according to reports. Governor Rhee Chang Yong stated in a discussion that upcoming events like the United States Federal Reserve’s policy decision, Bank of Japan Governor Ueda’s testimony to Parliament, and the release of US labor data could cause significant market volatility. The report suggests that the BoK will not make any immediate changes but will closely watch the impact of these events on Korean markets before deciding. Interestingly, the Board’s policy stance currently leans towards rate cuts and monetary easing. Looking ahead to the next three-month policy discussion, four…

WLD, the native token of the digital identification platform Worldcoin, has emerged as the top gainer among the leading 100 cryptocurrencies, with a surge of 9% over the last day. At the time of writing, WLD was exchanging hands for $2.36 per data from CoinMarketCap (CMC). The assets market cap is currently hovering at $357 million, making it the 98th-largest digital currency. WLD 24-hour price chart | Source: CoinMarketCap Moreover, the daily trading volume of Worldcoin recorded a 116% rally, reaching $357.8 million. Despite the latest price surge, WLD is still down 80% from its all-time high of $11.82, which…

Major hedge funds have increased their Bitcoin ETF holdings, with 60% of the top 25 hedge funds now owning a stake in these digital assets. This trend signals a growing acceptance of cryptocurrencies among institutional investors. Data shows that these hedge funds, including major players like Citadel, Millennium, and G.S. Asset Management, are increasingly incorporating Bitcoin ETFs into their investment strategies. Millennium Management currently has the largest position, holding 27,263 BTC in its ETF portfolio, after adding 1,429 BTC during the second quarter of 2024. G.S. Asset Management and Schonfeld Strategic Advisors also hold significant positions, with 6,202 BTC and…

Former President Donald Trump is out with another collection of digital trading card non-fungible tokens (NFTs), which were once a lucrative business line for the Republican nominee. This time around, Trump’s fourth collection will offer high-rollers a piece of the candidate’s suit from his debate with President Joe Biden, according to a post on social media platform Truth Social. People who spend $24,750 on the cards will also get access to Trump sneakers, Trump cocktails and dinner at Trump National Golf Club in Jupiter with Trump. Read more: Trump Says He’ll Release Fourth NFT Collection: ‘The People Want Me to…