Author: NBTC

Leading crypto exchange Bitrue spotlights XRP’s remarkable performance over the past week, inviting speculations about whether the coin could sustain its upward trend. In a recent X post, Bitrue called the public’s attention to XRP’s dominance within the crypto market over the past week, offering intriguing updates about the fourth-biggest altcoin. 🔔 If you haven’t already heard about what’s been going on in #crypto this week, $XRP has been dominating all week. Here’s a quick weekend round-up of #XRP this week! Here are some highlights: 🔸 $XRP traded above $0.60 this week🔸 $XRP expects their legal issues with the SEC……

ORIGYN, the premier Real World Asset (RWA) protocol, has officially launched on LBank, marking a significant milestone in the blockchain and asset certification industry. With its advanced technology and innovative approach, ORIGYN is set to redefine the standards of asset verification and authenticity across various sectors. Decentralized and Neutral Protocol ORIGYN operates as a decentralized RWA protocol, backed by a Swiss foundation. This structure ensures that the protocol remains neutral and accessible to all, including competitors. By decentralizing the certification process, ORIGYN guarantees transparency, security, and trust, making it a reliable solution for businesses worldwide. Broad Industry Adoption Already, ORIGYN’s…

Minima, a fully decentralized and device-agnostic Layer 1 blockchain platform, has teamed up with Mercury FX, a global currency payment solution provider, to develop an innovative alternative to SWIFT, the world’s largest payments messaging network.—This partnership aims to pilot a groundbreaking proof of concept that leverages Minima’s information transport layer protocol, Maxima. Maxima enables secure and decentralized information exchange by requiring devices to perform a small amount of work, known as Transaction Proof of Work (TxPoW).Utilizing Maxima’s peer-to-peer (P2P) network, messages are encrypted and can only be deciphered by the intended recipient. This is achieved by encrypting the messages with…

The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” is a term used to describe the price gap that emerges on the Bitcoin CME futures chart. Unlike Bitcoin’s spot markets that operate 24/7, the CME Bitcoin futures market only trades five days a week, closing over the weekend and on holidays. This difference in…

Crypto asset manager Grayscale has transferred a hefty sum of Ethereum to Coinbase Prime as exchange-traded funds (ETFs) associated with the asset gear up for a trading debut in the U.S. this week. Grayscale’s transaction of $1.01 billion to Coinbase Prime on Wednesday prompted market participants to suggest Grayscale might be preparing for a sell-off to reinvest in another crypto, such as Solana. Jon Campagna, managing partner at crypto hedge fund Nexyst Digital and formerly associated with Coinfund and Blackrock, dismissed these claims in a Tuesday post on X, saying Grayscale is unlikely to reallocate its Ethereum holdings. It comes…

Saint Vincent and Grenadines — ZAP, the innovative reputation-based token distribution protocol and Big Bang winner on Blast L2, announced today a successful $15 million funding round. The round was led by Rarestone Capital, Cypher Capital, and Sharding Capital, with participation from Auros Global, Presto Labs, and notable angels including Larry Cermak (CEO, The Block), Chelsea Jiang (Foresight Ventures), Luca Netz (CEO, Pudgy Penguins), and members from LayerZero.—ZAP is a community-driven token distribution protocol designed to validate user contributions, ensuring fair and meritocratic rewards that help projects sustainably build and grow their communities. The protocol offers a comprehensive suite of…

XRP whales have been on an aggressive buying spree, snapping up over 140 million XRP in the past week. According to crypto analyst Ali, over 140 million XRP were bought by XRP whales in the past week. This massive acquisition, valued at approximately $84 million, signals bullish sentiment among XRP large holders, or whales. In the last week, whales bought over 140 million $XRP, valued at approximately $84 million! pic.twitter.com/s22yK8wlZS — Ali (@ali_charts) July 23, 2024 XRP has been on a positive trend since July 5, increasing about 40% in the last week to reach highs of $0.637. This uptick…

Fintech giant Revolut has finally obtained its long-awaited UK banking license, marking a significant turning point for the London-based company after a protracted three-year application process. The Prudential Regulation Authority (PRA) granted the license with restrictions, a common practice for new entrants to the UK banking sector. This status allows Revolut to build out its banking operations before a full-scale launch gradually. “We are incredibly proud to reach this important milestone in the journey of the company,” commented Revolut’s CEO and Co-Founder, Nik Storonsky. “We will ensure we deliver on making Revolut the bank of choice for UK customers.” The…

Hemi Labs, the new project from Bitcoin pioneer Jeff Garzik, and Maxwell Sanchez, co-founder of VeriBlock, announced the launch of Hemi Labs and its new project, Hemi Network, during the first day of Bitcoin Nashville. The testnet for the Hemi Network going live on Wednesday, the company said. According to Hemi Labs, the Hemi Network is a modular layer-2 blockchain network built for superior scaling, security, and interoperability between Bitcoin and Ethereum. The Hemi Network uses a “Proof-of-Proof” (PoP) consensus, Hemi Labs explained, which enhances security on the Bitcoin blockchain and advanced interoperability between it and the Ethereum network. “PoP…

Rumors that the widely anticipated Grand Theft Auto 6 will utilize cryptocurrency have been circulating for more than a year now—and they’re swirling again. On Wednesday, a pseudonymous Crypto Twitter influencer called Gordon—apparently named after Gordon Gekko from the iconic 1987 film “Wall Street”—shared to his nearly 500,000 followers that “GTA 6 will enable cryptocurrency payments,” and that “so far only Bitcoin, Ethereum, and USDT [are] confirmed.” But in reality, no cryptocurrencies have been confirmed for Grand Theft Auto 6, despite the ongoing chatter around the rumors. Rockstar Games and parent company Take-Two made no such announcements this week on…