Author: 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.
IceCreamSwap, a decentralized exchange renowned for its AI-powered DEX aggregator, has officially launched on the Mint Blockchain. This platform is designed to enable users to trade tokens at optimal rates. Significantly, it enhances the trading experience within the Mint Blockchain ecosystem. 1/ Big Announcement! 🎉IceCreamSwap, a decentralized exchange with an AI-powered DEX aggregator that enables users to trade tokens at the best rates, is live on the @Mint_Blockchain! 🚀Learn how this integration will revolutionize the Mint Ecosystem. 🧵👇 pic.twitter.com/uT1hcoxmgU — IceCreamSwap (@icecream_swap) July 2, 2024 Mint Blockchain Boosts NFT Market with AI DEX Aggregator Mint Blockchain is a Layer 2…
According to Eric Balchunas, Bloomberg’s senior ETF manager, investment advisory firm Pine Ridge Advisers has emerged as yet another major holder of Bitcoin ETFs. The firm has snapped up an impressive $205 million worth of shares of Bitcoin ETFs from such issuers as BlackRock’s IBIT, Fidelity’s IBIT, and Bitwise’s BITB. Notably, the sum accounts for 23% of the total assets under management. More than $100 million worth of inflows The ARK 21Shares Bitcoin ETF, which is known as ARKB, managed to record $133.1 million worth of inflows on Tuesday. Fidelity’s FBTC and the Invesco Galaxy Bitcoin ETF (BTCO) recorded relatively…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional banking has often been scrutinized and seen as somewhat villainous due to its rigidities, predatory practices, and opaque systems. However, it’s integral to our societal structure, serving as the backbone for managing money in our day-to-day lives. And while they may be vilified and demonized, banks are still largely the most trusted place to store your money and put it to work. That could soon change. You might also like: Embracing institutions today will keep defi’s…
Data shows that the PEPE meme coin has attracted more significant interest in the past few days than more prominent assets like XRP and Shiba Inu. This heightened interest is particularly observable in the cumulative trading volume PEPE garnered in the last 30 days. PEPE Beats XRP, Shiba Inu in 30-Day Volume According to CoinMarketCap, PEPE achieved a staggering 30-day trading volume exceeding $41 billion. During this time, market participants traded 2.86 quadrillion PEPE tokens. However, XRP, the seventh most valuable crypto, recorded a trading volume of $34.2 billion during the same period. This falls short of PEPE’s volume by…
Paxos Digital Singapore Pte. LTD. received approval from the Central Bank of Singapore to offer digital payment token services. This approval allows Paxos to issue stablecoins that comply with Singapore regulatory standards. The Monetary Authority of Singapore (MAS) has granted Paxos the Major Payment Institution status, a testament to the company’s credibility and commitment to regulatory standards. With this approval, Paxos becomes a member of a group of 19 organizations authorized under Singapore’s stringent financial regulations. The move will expand the availability of US dollars by distributing stablecoins to a wider audience. Paxos’ approval to issue stablecoins in Singapore reflects…
Argentina becomes attractive for Bitcoin mining due to lower energy costs and favorable tax conditions in Zapala. Joint venture between Brazilian and Argentine companies launches a sustainable mining project in Neuquén province in October. Recent increases in electricity tariffs in Paraguay have prompted Bitcoin miners and data centers to seek more cost-effective alternatives, with Argentina emerging as a new favorable location for their operations. This shift is driven by Argentina’s comparative advantages in energy and tax incentives, particularly in the special economic zone of Zapala in Neuquén province. Operations Kickoff in Neuquén A joint venture between Brazilian and Argentine companies…
Solana just dropped a new video to promote XP, a decentralized alternative to TicketMaster. The release focuses on the problems with the US ticket industry and how XP solves this so-called ‘Ticketmaster problem’ with Solana. imagine not having to use ticketmaster ever again pic.twitter.com/ajKHGbg2MV — Solana (@solana) July 2, 2024 The video highlights excessive fees and lack of transparency in ticket pricing, where a $455 ticket to join a Taylor Swift show can end up costing $1088 due to various hidden charges. The US Senate scrutinized the ticket industry last year, revealing that about 70% of tickets are sold through…
Bitcoin’s (BTC) price surged by $3,000 following the latest U.S. Consumer Price Index (CPI) report for April, which indicated a slowdown in inflation, boosting investor sentiment towards risk assets. The U.S. Bureau of Labor Statistics reported a rise in consumer prices by 3.4% in April year-over-year, a decrease from March’s 3.7%. This slower inflation rate has influenced a positive shift in market dynamics, with major stock indices reaching new highs and cryptocurrency prices, including Bitcoin and Ethereum (ETH), seeing significant upticks. This data, provided by the U.S. Bureau of Labor Statistics, indicates a moderation in inflation, which is a positive…
Shiba Inu (SHIB) was subjected to a major downtrend as market investors failed to hang onto the hype within the ecosystem on updates from lead developer Shytoshi Kusama. At the time of writing, Shiba Inu is changing hands for $0.00002401, down by 4.89% in the past 24 hours. As Shiba Inu struggles to find its feet, three major on-chain metrics are worth watching closely. Shiba Inu reboot mission While some investors focus primarily on price trends, a lot of other key ecosystem stakeholders focus on network actions, which generally determine the potential for long-term upsurges. One of these is the…
The Shiba Inu community is abuzz with excitement following a significant development that could pave the way for a Shiba Inu Exchange-Traded Fund (ETF). Coinbase, a leading cryptocurrency exchange, has made a crucial filing that could potentially boost the prospects of a SHIB ETF, sending waves of optimism across the Shiba Inu community. Last Friday, Coinbase Derivatives filed new futures contracts tied to Shiba Inu and four other cryptocurrencies, marking a significant advance in the growing landscape of crypto-related financial products. Coinbase expects to debut the new futures contracts on July 15, pending CFTC approval. If approval is granted, Shiba…