Author: NBTC

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…

Bolivia repeals 2020 ban, allowing cryptocurrency transactions through authorized electronic means. The Central Bank of Bolivia, in collaboration with ASFI and UIF, adjusts the regulation following GAFILAT guidelines. Bolivia has lifted the ban on conducting transactions with bitcoin and other cryptocurrencies, a measure made official by the Central Bank of Bolivia (BCB) on June 26. This regulatory change revokes Board Resolution N°144/2020 that had been in effect since December 2020, thus allowing the use of electronic means to operate with digital assets, just as its neighboring country Argentina has done, you can read more about it in our Crypto News…

Steve Cohen’s Point72 held $77.5 million of the Fidelity Wise Origin Bitcoin Fund in the first quarter. Point72 joins several other hedge funds who have disclosed allocations into the spot bitcoin ETFs. Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing. This follows several other hedge funds who have disclosed that they purchased shares of the spot bitcoin exchange-traded funds, including Paul Singer’s Elliott Capital and Izzy Englander’s Millennium…

The Japanese village of Yamakoshi is utilizing non-fungible tokens (NFTs) to address the challenge of an aging population by raising awareness of the issue and generating nearly half a million dollars along the way. The village is offering digital citizenship to holders of its digital collectibles, the Nishikigoi NFT collection, named after a koi carp breed indigenous to the region. Since the collection’s launch in 2021, at the height of the NFT craze, Yamakoshi has attracted just over 1,700 digital citizens to bolster its dwindling population figures. To date, the collection has netted the little village around $423,000 with the…

Justin Bons, Founder and CIO of Cyber Capital Europe’s oldest cryptocurrency fund, criticized the current dominant finance model in the cryptocurrency market based on Venture Capitalists’ (VCs) fundraising. According to Justin Bons, cryptocurrencies are currently dominated by “predatory VCs.” This situation, according to Bons, stems from regulatory pressures that have made Initial Coin Offerings (ICOs) effectively illegal, handing over the entire early-stage market to VCs. Previously, Finbold reported another analyst sharing a similar view about the topic. Miles Deutscher highlighted these new fundraising dynamics as one of the “fundamental flaws” preventing cryptocurrencies from reaching higher grounds. In summary, the two…

The cryptocurrency market has recently witnessed significant movements on Shiba Inu (SHIB) and Cardano (ADA) as both tokens experience substantial increases in large-scale transactions. Santiment reports indicate that this surge is largely driven by increased interest from whale investors, characterized by transactions exceeding $100,000. This week, the number of such large transactions for SHIB and ADA has more than doubled compared to the average for 2024. On a chart attached to the post, one can see that the current figure for such massive transactions for ADA token remains at 875, and for SHIB token at 321. However, even the day…

In this post Kenyan youths find a safe haven in Satoshi Nakamoto’s freedom coin, Bitcoin, amid the Finance Bill 2024 protests. BTC contributors in Kenya call on the youths to educate themselves on BTC and decentralized finance. Kenyans led by Gen Z have taken to the streets to reject the government’s proposed Finance Bill 2024. The protests have been one of a kind, tribe-less, gender-less, party-less, and unfinanced by outside forces. The goal has been one: to end the taxation power of the IMF, World Bank, the United States government, and colonial masters. Kenyans embrace Bitcoin & crypto as tax…

price has experienced a significant rally, climbing from $60,000 to approximately $66,000, according to recent insights from CryptoQuant. This upward movement is primarily attributed to lower-than-expected US inflation rates and a notable decrease in selling pressure within the market. 🧵 #Bitcoin’s price has rallied from $60K to around $66K, driven by lower-than-expected US inflation and reduced selling pressure.Let’s look into the details ⬇️ — CryptoQuant.com (@cryptoquant_com) May 17, 2024 Reduced Selling Pressure and Stablization of OTC Balance Key-Reasons for Bitcoin Recovery A key factor contributing to Bitcoin’s price surge is the behavior of short-term holders, as per CryptoQuant. These investors…

One of the leading NFT collections, Mad Lads has shown significant price increase in the last 24 hours. Analysts are expecting a market recovery for the NFT sector this month. In the past few months, the NFT sector has shown minimal activity, while other crypto markets exhibited notable increases. However, with the onset of the new month, the community has initiated an optimistic outlook towards the sector. Relatively, the NFT collection Mad Lads, witnessed a 56% increase in total sales volume in the last 24 hours raising investor expectations for NFT revivals. The anime and Peaky Blinders-based collection, introduced to…