Author: NBTC

Spot Bitcoin exchange-traded funds (ETFs) in the US registered $1.3 billion in inflows over the past two weeks, shared Bloomberg ETF analyst Eric Balchunas on X. This was enough to recover completely from April’s net outflows of over $343 million. The Bitcoin ETFs traded in the US now hold more than $12.3 billion under management, which Balchunas considers a key number for considering inflows and outflows. The bitcoin ETFs have put together a solid two weeks with $1.3b in inflows, which offsets the entirety of the negative flows in April- putting them back around high water mark of +$12.3b net…

With the launch of Ethereum spot ETFs on the horizon, industry insiders are pointing to a potential launch date before July 4th. The imminent launch follows VankEck’s form 8-A filing, which Bloomberg Intelligence analyst Eric Balchunas called a “good sign” for a July 2 launch. Lekker Capital’s Quinn Thompson suggests that the current bearish sentiment among crypto investors could be a bullish indicator. In a recent post, Thompson predicted a calm period when sellers tire out, followed by a “slap in the face” moment when they realize their outlook is too bearish. This could be triggered by positive spot ETH…

SnowBridge, a trustless cross-chain bridge designed to link Polkadot with Ethereum, is seeking approximately $6 million in DOT tokens funding from the Polkadot community. The firm’s proposal stated that the funds are intended to ensure Snowbridge’s long-term success, align the team’s incentives with the Polkadot community, and provide financial guarantees for the bridge’s users. Treasury proposal According to the proposal, SnowBridge is seeking 999,568 DOT, equivalent to $5,797,500. The fund includes an immediate payment of 191,379 DOT (approximately $1.2m) and a two-year vesting of 323,275 DOT (nearly $1.9 million). Additionally, 161,637 DOT ($937,500) will be paid out over three months.…

Moonbeam operates as a Polkadot parachain and is designed to be Ethereum Virtual Machine (EVM) compatible. Its native token, Glimmer (GLMR), serves multiple roles including governance, transaction fee payments, liquidity rewards, and staking. The platform is substrate-based and aims to simplify the use of popular Ethereum developer tools for Substrate-based environments. Contents hide 1 What is Moonbeam? 2 How Does Glimmer Coin Work? 3 Key Features of Moonbeam What is Moonbeam? Moonbeam is an Ethereum-compatible smart contract parachain functioning within the Polkadot ecosystem. It enables developers to employ familiar Ethereum tools to create or redeploy Solidity projects. The platform goes…

The European Banking Authority (EBA) plans to finalize its monitoring framework for stablecoin issuers by the end of this month, Coindesk reported. This development aligns with MiCA’s broader regulations, which provide strict caps on transaction volumes and values. Specifically, stablecoins are prohibited from facilitating more than 1 million transactions or exceeding daily transaction values of 200 million euros. The EBA is expected to release a detailed report clarifying how it will measure transaction volumes. Preliminary consultations suggest that transactions involving parties outside the EU may be excluded from the cap calculations. However, transactions with at least one party within the…

Conio e Mesh launch the first Open Banking for Bitcoin in Europe: thanks to PayPal’s investments, Bitcoin wallets will now be directly connected to the main crypto exchanges. In particular, this innovation will offer centralized access to the world of cryptocurrencies for over 430,000 Conio customers. Let’s see all the details below. Centralized access to the crypto world thanks to PayPal: direct connection to exchanges through wallets The objectives of the progetto Some statements regarding the new partnership Centralized access to the crypto world thanks to PayPal: direct connection to exchanges through wallets As anticipated, Conio, an Italian fintech supported…

Rusty Russell, lead Lightning developer for Blockstream, is spearheading an ambitious initiative known as the Bitcoin script restoration project. This effort aims to restore and expand the functionality of Bitcoin’s script language, which was significantly limited in the early days of Bitcoin due to security concerns. In a recent interview with Bitcoin Magazine, Russell elaborated on the project’s goals and the potential it holds for the future of Bitcoin. Rusty Russell and the Great Bitcoin Script Restoration Project (22:45) A Look Back: Why OpCodes Were Disabled When Bitcoin was first launched, its script language included a variety of operational codes…

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,480 and $3,520 resistance levels to continue higher. Ethereum Price Recovers Slightly Ethereum price started a decent recovery wave above the $3,350 level. ETH even cleared the…

Blocksquare, the RWA tokenization protocol, today announced the introduction of Oceanpoint v0.5, which features Marketplace Pools for community-driven, decentralized real estate investment and tokenization. The launchpad update gives community members and marketplace operators a more efficient way to raise funding for tokenized real estate investments. One of the launch’s main features, Marketplace Pools, makes community-driven fundraising and support easier. Proposals with business strategies and key performance indicators are given by operators to the BST community. Subsequently, investment suggestions are approved by the community members. The minimum deposit is 500 sBST, and the goal is to achieve 100,000 sBST to activate…

Unlocking Interoperability for Enhanced Cross-Chain Communication TL;DR:LayerZero is integrating IOTA EVM into their cross-chain protocol, enabling seamless interoperability and communication with many ecosystems from the broader Web3 space like Ethereum, Binance Smart Chain, and Optimism. This move marks another step towards establishing IOTA and its EVM at the forefront of an omnichain Web3 world of blockchain networks, making IOTA EVM a cohesive and interoperable ecosystem. The ability of blockchain networks to communicate seamlessly across chains is paramount. Positioned at the forefront of interoperability, IOTA facilitates smooth interactions between chains over a shared base layer. This not only enhances user experience…