Author: NBTC

The article written by Monica Long, president of Ripple, outlines the company’s vision for the future of the global financial infrastructure through the use of blockchain technology and digital crypto assets. Ripple, founded on the belief that blockchain will become the global financial infrastructure of the future, has worked for over a decade to make this vision a reality. Evolution of the crypto market and the roadmap of Ripple’s blockchain Connecting TradFi and Crypto Conclusions and the ambitions of Ripple Evolution of the crypto market and the roadmap of Ripple’s blockchain The article begins with a summary of the evolution…

Bitcoin’s value fell to $57,000 late Thursday and hit a low of $53,800 in the early hours of Friday, according to data from TradingView. The extended correction came after a movement of $2.7 billion in Bitcoin from a Mt. Gox wallet to a new address yesterday. Source: TradingView On Thursday evening, a wallet controlled by Mt. Gox, the now-defunct crypto exchange, transferred 47,229 BTC, worth around $2.7 billion, to a new hot wallet, Arkham’s data shows. The latest wallet activity is believed to be part of Mt. Gox’s trustee plan to distribute over $9 billion in Bitcoin, Bitcoin Cash, and…

In a noteworthy development, XRP has seen a staggering 108% increase in trading volume amid a broader $400 million sell-off on the cryptocurrency market. Data from CoinMarketCap indicates that XRP’s trading volume more than doubled, rising by 108% compared to the previous day. This surge in trading volume comes at a decisive time in the digital asset space, as investors react to a mix of news both within and outside the crypto market. The past 24 hours have been noteworthy for the crypto market. Following much speculation, the U.S. Securities and Exchange Commission (SEC) approved eight spot Ethereum ETFs to…

SSV Network DAO, SSV Network protocol’s governing organization, has recently made a remarkable move. As per the firm, it has announced a couple of exclusive community initiatives named “Community Associates Program” and SSVDivers Ambassador Program” to enhance overall community engagement. The firm disclosed that this development also focuses on the provision of incentives to promote participation by the SSV community. SSV Network DAO Announces the Release of 2 Latest Projects to Raise Community Engagement The SSVDivers Program pays attention to delivering opportunities, guidelines, and resources for the community members. This will reportedly showcase their skills with the proposals and management…

Bitcoin is currently having its worst time in many months. Selling pressure have pushed the bulls off completely. Technical indicators point to a market under the control of bears. However, the derivatives market suggests that the bulls might not be dead after all. Source: Coinglass The bulls are still here Derivatives data from Coinglass shows bullishness in market sentiment and activity. Over the past 24 hours, trading volume has surged by 46.20%, reaching $87.90 billion. Clearly, traders have heightened their activity. However, the open interest has decreased by 6.66%, now standing at $29.61 billion. This reduction typically means that traders…

Today, Vitalik BUTERIN unlocked and received 845,205 STRK as part of the Ethereum L2 Starknet Locked Token Grant contract worth approximately $1.07 million. This deal marks a notable milestone for Starknet, highlighting Buterin’s involvement not only as a co-founder of Ethereum, but also as an early and committed investor in Starknet. His early investment and recent token unlock demonstrate his confidence in Starknet’s ability to improve Ethereum’s scalability and efficiency. The release of these tokens to Buterin reflects a broader strategy aimed at incentivizing key participants and thought leaders in the blockchain community to support and promote Starknet’s technological framework…

You might have heard about SRC-20 tokens (often referred to as SRC 20 or SRC20 tokens) , a new digital asset on the Bitcoin blockchain. Essentially, SRC-20 enables the direct embedding of data within Bitcoin transactions. This ensures immutability and permanence. But what exactly do SRC-20 tokens offer, and how do they fit into the broader Bitcoin ecosystem? They’re relevant for supporting various image formats and they contribute to the digital collectibles market. Let’s just say, SRC-20 tokens are gaining popularity, and this article will explore why. Key highlights: SRC-20 tokens are a new digital asset on the Bitcoin blockchain,…

The massive selling pressure on Bitcoin continues, with the BTC price falling another 7.5% in the last 24 hours, dropping its price below $54,000. The latest selling pressure was Mt. The official statement came from Mt.Gox as Gox wallets became active again and started moving Bitcoins. At this point, Mt.Gox officially announced that it had started refunds. “Notice Regarding Refunds in Bitcoin and Bitcoin Cash: On July 5, 2024, the Rehabilitation Board repaid certain rehabilitation creditors in Bitcoin and Bitcoin Cash through vehicles such as Designated Cryptocurrency Exchanges pursuant to the Rehabilitation Plan. Repayments to other rehabilitation creditors will be…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto is becoming a lot more popular, which means all derivatives that come with the web3 industry are also growing in popularity. While there is more news, regulation, government acceptance, and users now taking part in the decentralized finance sector, there is also an increasing number of people who feel intimidated by the complex nature of trading or using defi tools, which leaves them left out. This is a natural friction the industry would have as it…

Kabosu, the Shiba Inu who inspired the “Doge” meme and Dogecoin, passed away peacefully on May 24 at 18 years old. Her owner, Atsuko Sato, announced the news on her blog, expressing gratitude for the love and support she received over the years. A farewell party for Kabosu, also known as “Kabo-chan,” will be held on May 26 at Flower Kaori in Narita City. Kabosu first garnered attention in 2010 when Sato posted photos of her on her blog. One particular image, showing Kabosu with a skeptical and curious expression, quickly went viral. This image became the “Doge” meme, often…