Author: NBTC

Bitfinex Securities Ltd and Mikro Kapital today announced the launch of two new tokenized bond issues, offering durations of 11 and 36 months with coupon rates of 10% and 13.5% respectively. The bonds will be issued monthly on the Liquid Network, a Bitcoin side-chain, with a minimum raise of 500,000 Tether USD (USDT) and a cap of 10,000,000 USDT. This initiative follows a Memorandum of Understanding signed last October to expand innovative financing in microfinancing sectors, and the proceeds from these bonds will fund microfinance and sharing economy projects, aiding small businesses and entrepreneurs in emerging markets. The capital raise…

Toncoin surged from $6.60 to $6.93 in 24 hours, showing a bullish trend. TON’s trading volume dropped 53.83%, but its market cap increased by 4.96% to $16.73 billion. Whale transactions over $100,000 surged by 237%, indicating major moves by large holders. Toncoin (TON) is currently exhibiting a strong bullish trend, trading within an ascending channel that indicates positive momentum. The price consolidation around the $6.816 level suggests a potential shift towards further upward movement. Key resistance levels have been identified at $7.230 and $7.671, which Toncoin needs to surpass to maintain its rally. In the past 24 hours, Toncoin’s price…

A federal judge overseeing the U.S. Securities and Exchange Commission’s case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB. Secondary sales The narrative Late Friday, Judge Amy Berman Jackson from the U.S. District Court for the District of Columbia ruled that the Securities and Exchange Commission had brought plausible allegations against Binance, Binance.US and Changpeng Zhao, refusing to dismiss most of the charges against the companies. She did, however, dismiss a charge tied to secondary sales of BNB by sellers who aren’t Binance, a…

b-apps has announced strategic support from The Open Platform (TOP). B-apps is an innovative application studio focused on building on TON Blockchain and within Telegram Messenger. b-apps has already launched several applications and has more in development, including their latest games, NOT Bored Puppies and Robin Coin. TOP Boosts b-apps Development on TON Blockchain As a result of the new investment from TOP, b-apps will also be able to expand their development process and deliver even more solutions to the market. Their work shows that TON Blockchain can address a broad range of real-world applications ranging from DeFi to social…

Bitcoin and altcoins started the week and the second half of the year positively, with the BTC price rising above $63,000. While wondering whether the upward trend in the BTC and cryptocurrency markets will continue, Coinshares published its weekly cryptocurrency report. Stating that there was an outflow of $30 million in cryptocurrency investment products last week, Coinshares said that there was a significant decrease in outflows last week. “Cryptocurrency investment products saw outflows totaling $30 million for the third week in a row, with a significant decrease in outflows last week. “As Ethereum outflows move into the 3rd week, it…

UNI posted a 23% gain as investors await a potential bullish announcement from its mystery social media post. UNI had earlier suffered a decline after postponing its fee mechanism vote. UNI could see a correction following increased exchange net inflows after the price rise. Uniswap’s (UNI) price spiked on Tuesday after its cryptic social media post increased bullish sentiment among investors. The rise comes off the back of an earlier decline following the postponement of UNI’s fee mechanism vote. UNI recovers from decline with 23% surge UNI skyrocketed nearly 23% after a cryptic post on X hinted at a key…

Key Points: Coinbase responded to the SEC’s investigation, arguing it lacks due process and is unfair. The exchange seeks court clarification on whether the SEC can regulate digital assets without contractual obligations. The SEC sued Coinbase claiming some cryptocurrencies on its platform are unregistered securities. Coinbase Responded to the SEC’s Investigation Grewal emphasized that the case was initiated by the U.S. Securities and Exchange Commission (SEC), not Coinbase, stating, “Democracy, as well as due process, dies in darkness. We appreciate the Court’s careful consideration of this matter.” The legal battle continued in March when U.S. District Judge Katherine Failla ruled…

The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days, but the community warns this might be a preparation for an attack. BCH Reaches Hashrate ATH, Phoenix Miner Hashrate Allocation Sparks Speculation The Bitcoin Cash (BCH) network has been taken by storm, as its hashrate has increased almost threefold with the introduction of a new miner, Phoenix. Phoenix processed 88% of all…

Animoca Brands has formed a collaboration with Everest Ventures Group to implement an investment exchange initiative, in which both parties contribute to the other. The two entities are both dedicated to the improvement of the Web3 ecosystem and its widespread adoption. With respect to investments in each other’s enterprises, the two organizations will collaborate to implement exchange initiatives. In an effort to establish a connection between users and Web3 exposure, Animoca Brands will be accountable for the support of numerous EVG consumer items that are scheduled to be released this year. These will include OpenSocial Protocol, an infrastructure layer that…

Andrew Tate, former kickboxer and American entrepreneur, known online as “Top G”, has announced his intention to convert over 100 million dollars into Bitcoin (BTC), completely abandoning fiat currency. This announcement coincides with a period of significant growth for Bitcoin, which has seen a 7% increase in the last 24 hours, surpassing the resistance level of $66,000. Criticism of the Traditional Banking System Bitcoin on the rise Bitcoin and the Legal Challenges for Andrew Tate Criticism of the Traditional Banking System In a series of posts on social media “X”, previously known as Twitter, Tate expressed his disillusionment towards the…