Author: NBTC

Oceanus partners with Ripple, leveraging ODL for Odin Pay in Singapore. Digitizing trade finance with XRP, Oceanus moves $70 million in 6 months. MAS license obtained, Oceanus targets $1 billion GMV market. Oceanus, a Ripple partner based in Singapore, is making waves with its payment platform, Odin Pay, powered by Ripple’s On-Demand Liquidity (ODL) and XRP. The company’s 2023 annual report sheds light on its performance in the first six months of operation, revealing a staggering $70 million moved through its platform. But what exactly is driving this momentum? 😎Cool to see! Oceanus is a #Ripple partner in Singapore using…

According to Blockstream CEO Adam Back, Bitcoin (BTC) is “super cheap” at current prices. Back argues that value understanding is lagging due to not being evenly distributed. “The average investor is a bit of a panicked newb, needs to be battle-hardened by a bear market or two before they truly get it.” The largest cryptocurrency is currently changing hands at $69,477 after dropping by 0.5%. Post-halving crash? Back’s bullish statement came after Jeff Ross, founder and CEO of Vailshire Capital, recently predicted that the price of the flagship cryptocurrency could experience a 40% correction after the halving. “I think we…

The risk assessment is the Treasury’s first into NFTs as a means of carrying out fraud and other crimes. The Treasury determined that NFT platforms “lack appropriate controls” to combat money laundering and sanctions evasion. The U.S. Treasury Department said non-fungible tokens (NFTs) are “highly susceptible to use in fraud and scams and are subject to theft,” in a new risk assessment about illicit finance, its first into NFTs as a means of carrying out fraud and other crime. “The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes, often in combination with other methods…

Ethereum Layer 2: After ETF approval, expect a surge in tokens like Arbitrum, Optimism, and Mantle. Ethereum Coin Memes: Meme coins like Shiba Inu, Pepecoin, and Floki Inu could experience significant growth. Ethereum Restaking: With ETF endorsement, restaking protocols like EigenLayer promise additional yield for ETH holders. An Ethereum spot ETF has been officially approved, with the price of ETH briefly touching $3,945. With this endorsement, the crypto sector related to Ethereum will potentially experience an appreciation in price. There are 3 crypto sectors that could potentially be impacted by the approval of a spot Ethereum ETF. Ethereum Layer-2 Layer…

Approval of bitcoin ETFs was a “big psychological turning point,” reigniting retail trading interest in crypto and bringing in new types of institutions. Tokenization is a growing trend due to the sheer benefits of “digitizing the lifecycle” of asset issuance by improving firms’ operating efficiency and increasing liquidity. Crypto has the ability to transform parts of the financial system to operate in more efficiently. AUSTIN, TX — Goldman Sachs, the 150-year-old investment bank, is getting deeper into crypto, according to the firm’s global head of digital assets, Mathew McDermott. The executive, a 19-year veteran of the bank, helped found its…

Popular wallet tracker Shibburn has published an update on the key Shiba Inu metric it keeps an eye on. Along with a substantial rise in the SHIB burn rate, a large amount of meme coins has been transferred out of the circulating supply. This happened after the SHIB team announced a major Shibarium upgrade scheduled in less than a week. SHIB burn rate surges According to Shibburn, within the past 24 hours, the SHIB community has tenaciously disposed of 45,168,738 million Shiba Inu meme coins. This has allowed the overall daily SHIB burn rate to stage an increase of 88.32%.…

Crypto Unicorns has announced a “play-to-airdrop” campaign to start next month, amid the game’s migration across the Ethereum scaling ecosystem—from sidechain Polygon to Arbitrum’s layer-3 Xai gaming network. Founded in 2021, the expanding Crypto Unicorns ecosystem includes the core land-based building and battling experience, spinoff jousting, and party games. The project’s NFTs have generated about $35 million worth of trading volume to date. While Crypto Unicorns migrates to Xai, the game will be paused and unplayable, set to return “in a month” when the play-to-airdrop campaign will begin. Players will earn points by achieving in-game goals such as hatching a…

Investor sentiment towards Bitcoin (BTC) is shifting from anticipation to optimism as the halving approaches, reveals the latest “On-Chain Insights” newsletter from on-chain data platform IntoTheBlock. The reason is the close attention investors pay to the halving’s potential impact on BTC’s scarcity and subsequent price movements. Historically, Bitcoin’s value has surged post-halving due to the combined effects of increased demand and reduced supply growth, and investors are willing to see if the story will repeat itself this time. Sapphire After the first halving, the BTC value skyrocketed from $13 to $652, marking a staggering 4,802% return on investment. However, the…

This article evaluates how much a Shiba Inu investor would need to rake in $50,000, $100,000 or $250,000 in profit if SHIB reaches lofty targets such as $0.0065, $0.02 or $0.19. Shiba Inu is currently flirting with its 50-day exponential moving average (EMA) at $0.00002486, currently trading for $0.00002470 amid the ongoing market uncertainty. SHIB is currently down 19.68% this month, but optimism among market watchers remains high. As a result, price projections to audacious targets have prevailed despite SHIB’s current downward trajectory. One of the catalysts behind the sustained confidence is Shiba Inu’s ability to close last month with…

GameFi, once a buzzword in the cryptocurrency market, is now resurging with a vengeance. This revival is driven by innovative developments, market adaptation, and a growing global audience. These technologies are not a rising trend but a transformative movement in the gaming industry. The Boken Play-to-Earn Model Kieran Warwick, co-founder of Illuvium, told BeInCrypto about Southeast Asia’s pivotal role in GameFi’s resurgence. According to him, Southeast Asia, with its young, tech-savvy population and high crypto adoption, is a crucial player in this sector. The region’s preference for mobile and accessible gaming platforms integrated with blockchain technology highlights the potential of…