Author: NBTC

This follows the trend of conventional financial institutions purchasing Bitcoin ETFs. The Bank of Montreal holds Bitcoin exchange-traded funds (ETFs) in four issuers. A recent SEC filing by Bank of Montreal revealed the bank’s exposure to spot Bitcoin ETFs. A number of issuers’ spot ETF holdings were revealed by the bank in a recent disclosure. This follows the trend of conventional financial institutions purchasing Bitcoin ETFs. The fourth-largest bank in Canada, the Bank of Montreal, holds Bitcoin exchange-traded funds (ETFs) in four issuers: Fidelity (FBTC), Franklin Templeton (EZBC), BlackRock (IBIT), and Grayscale (GBTC). The bank has over $1 trillion in…

The Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology. Matercard and Baanx also have a debit card with DeFi firm 1Inch and are working on one with MetaMask. Tezos, the smart-contract blockchain founded by the husband-wife team of Arthur and Kathleen Breitman in 2017, will have its name on a new crypto payments debit card, created in association with Baanx, the digital assets card facilitator and partner of Mastercard. Transactions involving the Tezos-branded, non-custodial crypto card will take place on Etherlink, an Ethereum-compatible layer-2 blockchain powered by Tezos…

After a stagnant week in the cryptocurrency market, interesting developments will be waiting for crypto users in the new week. In the new week, markets will examine the non-farm employment data, especially from the USA. In addition, there will be token lock openings in many altcoins in the new week. Here is the token lock opening calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Sui (SUI) Market Value: $2.47 billion Amount of Tokens to Unlock: $49.19 million (1.99% of market cap) Date: 3 May 2024, 03:00 Decentral Games (DG) Market…

Crypto lawyer Bill Morgan countered a claim by XPUNKNFTs’ founder, @BradPunkhouse on X, that an ecosystem relying solely on a particular token automatically makes that token a security. If you think an ecosystem relying solely on a token makes the token a security that is incorrect. https://t.co/CCpY3XeCFM — bill morgan (@Belisarius2020) July 6, 2024 In his post, the user had criticized XRP, saying that Ripple relies solely on the crypto token. He compared Ripple’s activities with Solana’s, claiming that Solana’s case differs due to how the project utilizes its native crypto, SOL. Kaj (@BradPunkhouse) clarified that he had no issues…

One key metric used to gauge the success and trust placed in these protocols is the Total Value Locked (TVL), which measures the amount of capital that is currently being secured by these systems. According to a recent report from a crypto education and news platform, AltsCryptoTalk, several protocols have emerged as the front runners in this metric, each dominating in their respective categories. As of the latest data, Lido stands at the pinnacle with a staggering TVL of $29.91 billion, primarily catering to the liquid staking sector of DeFi. This indicates not only a strong trust from stakeholders but…

Polygon has witnessed a remarkable surge in its stablecoin market capitalization this quarter. According to the latest report from Messari, the Ethereum Layer 2 solution’s stablecoin market cap soared to a whopping $1.5 billion, reflecting a significant 19% increase on a quarter-over-quarter basis. Stablecoin Adoption on Polygon Soars Tether’s solidified its position as the dominant stablecoin on Polygon, with its market cap growing by an impressive 29% QoQ to reach $792 million, according to Messari’s report. This accounted for a significant 53% of the total stablecoin market cap on the network. This growth in stablecoin adoption on Polygon has been…

President Joe Biden is staying put in his re-election campaign, despite the intense pressure from his own party to back down. Along with influential donors, the Dems are losing hopes of Biden beating Donald Trump, especially since he flunked the first presidential debate ten days ago. But Biden has shown absolutely no signs of planning to step aside for Kamala Harris. He did an interview with ABC News yesterday, trying to assure voters that he’s fit and good to go. As evident by multiple polling data, he failed. At the moment, he is said to be getting ready to host…

A quant has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium May Hold The Answer To Where BTC Goes Next In a CryptoQuant Quicktake post, an analyst has talked about the trend currently taking place in the Bitcoin Coinbase Premium. “We can use the trend of Coinbase Premium as a leading indicator of the future direction of BTC price,” notes the quant. The “Coinbase Premium” is a metric that keeps track of the difference between the Bitcoin price listed on the cryptocurrency exchanges Coinbase (USD pair) and Binance (USDT…

VeChain filed an application for V3TR earlier this year, covering the electronic transfer of digital currencies via devices and communication networks. The trademark positions the network for major central bank partnerships, as it caters to existing digital currencies and any future token at a time of booming tokenisation. VeChain could become the first global blockchain network to strike partnerships with key central banks globally after filing its V3TR trademark application this year. As Crypto News Flash reported, the VeChain Foundation filed a patent application with the US Patents and Trademark Office (USPTO). 🚀 #VeChain’s pending trademark is a game-changer! From…

With game tokens down 37% overall in 2024, there’s been some trash talk saying Web3 gaming is dead. But crypto is cyclical, and the current downturn is nothing we haven’t seen before. As angel investors focused on seed and pre-seed, we think this is a wonderful time to invest. Having emerged from the Crypto Winter, but not yet priced out by the utter madness of the crypto bull run and its ridiculous valuations, this is a special time when builders are pitching mind-bending new ideas and shipping intriguing MVPs. And, guided by the thesis that Web3 gaming will move us…