Author: NBTC

Heralded by Ethereum developers as the technical milestone they’d been “dreaming of,” last week’s Dencun upgrade was supposed to forever alter the Ethereum ecosystem—by making transactions on its layer-2 networks exponentially cheaper and thus more accessible. One week later, how do things stand? On the whole, Dencun has delivered exactly as promised. Across layer-2 networks that have already integrated the software update, gas fees have plummeted to unprecedented lows, in most cases by over 90%. At writing, median transaction fees on layer-2 networks Arbitrum, Starknet, Optimism, and Optimism-based chains Base and Zora have all fallen to one cent or below,…

Galaxy Digital will soon introduce crypto exchange-traded products (ETPs). The company teamed up with DWS a year ago to develop products for European investors. LONDON – Galaxy Digital (GLXY), the digital asset financial services firm headed by Michael Novogratz, will introduce crypto exchange-traded products (ETPs) in Europe “in a matter of weeks,” the CEO of its European operations said. Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts. “We partnered with DWS and will, in a matter of weeks, be launching new ETPs in…

In a significant move within the blockchain and decentralized finance (DeFi) sectors, Renzo, the notable restaking hub for Eigenlayer, has announced its recent integration with Chainlink Price Feeds on the Ethereum mainnet. This strategic collaboration aligns Renzo with the top-tier decentralized computing platform, granting it access to reliable, secure, and tamper-proof price feeds. Such integration is pivotal for Renzo as it seeks to offer users secure and expanded access to superior liquid restaking strategies through ezETH, enhancing the DeFi integration process with industry-standard price data feeds. Renzo’s decision to adopt Chainlink Price Feeds, starting with stETH, is not coincidental. Chainlink…

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The United States federal government has once again added to its substantial Bitcoin hoard, transferring $922 million worth from wallets associated with Bitfinex hackers in a seizure. Over the course of a series of various seizures and other asset forfeitures, the United States federal government has accumulated and holds enough Bitcoin to unquestionably count as one of the largest whales. In…

Ether (ETH) tumbled as much as 6% Wednesday as hopes dimmed for regulatory approval of a spot-based exchange-traded fund (ETF) in the U.S. The second-largest crypto asset by market capitalization sank to $3,200. Bitcoin (BTC), the largest, dropped to around $62,000 after bouncing to near $64,000 earlier. The broad-market CoinDesk 20 Index (CD20) fell 3%. Ether’s slide occurred after CoinDesk reported that network development organization Ethereum Foundation was under investigation by a “state authority.” Shortly after, Fortune reported that the U.S. Securities and Exchange Commission (SEC) is waging a campaign to classify the Ethereum blockchain’s native token as a security…

The SHIB Army has secured a significant milestone as MEXC, one of the top-ranking centralized crypto exchanges, is set to list partner token K9 Finance (KNINE). In a recent post on X, Shiba Inu Shibarium partner K9 Finance disclosed the upcoming listing of its newly launched KNINE token on MEXC. Per the notification, KNINE will become tradable on the prominent exchange today, March 19, from 15:00 UTC. New Listing 🤝$KNINE will be available on @MEXC_Official on March 19 at 15:00 UTC ▶️ Pair: $KNINE / $USDT▶️ Tax: No▶️ Deposits: Now open Join the K9 DAO Telegram for our voice chat;…

GIFT City may soon host India’s first regulated global realty and infra-asset tokenization platform. The process is in the initial stage, and IFSCA has only granted conditional approval to select entities. One of them is Realdom India Pvt Ltd. The company is working to set up a platform known as Pinvest Exchange. GIFT City, an acronym for Gujarat International Finance Tec-City, is known to host more than 500 entities in banking, stock exchanges, aircraft, ship leasing, and fintech companies. Some entities in GIFT City are IBM, Google, and Oracle. Launching India’s first regulated global realty and infra-asset tokenization platform will…

In a powerful demonstration of resilience, bitcoin’s value climbed past the $65,000 mark on March 4, 2024, showcasing a significant upward movement from its 24-hour low of $61,769. This climb is supported by a robust trade volume of $42.41 billion and a market capitalization of $1.276 trillion, indicating increased trader optimism. Bitcoin The hourly chart for bitcoin (BTC) displays a steady upward movement, with prices rising from $61,402 to a peak of $65,583, before undergoing a minor consolidation. This trend hints at possible entry points during dips, suggesting a cautious stop-loss approach to prevent potential downturns. BTC’s consolidation period presents…

Recent reporting from CoinDesk and Fortune suggests the U.S. Securities and Exchange Commission is preparing to classify ether (ETH), the native token of the second-largest blockchain, Ethereum, as a security. The move would undoubtedly have severe repercussions for the entire crypto industry, including derailing plans for an spot ETH exchange-traded fund. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. Citing several unnamed sources, Fortune reported that the SEC has subpoenaed several U.S. companies for documents related to their…

Despite the prices of various crypto assets plummeting heavily, leading crypto exchange BitMEX has listed XRP for spot trading. Leading crypto derivative exchange, BitMEX, has announced the listing of XRP for spot trading. Ready for this? Tomorrow, two new tokens are coming to BitMEX Spot: ➡️ $XRP (@Ripple)➡️ $ATOM (@cosmos) Details? https://t.co/B8keHFDcCz pic.twitter.com/hmwHTECksq — BitMEX (@BitMEX) March 19, 2024 BitMEX Adds Spot Trading Pair For XRP and ATOM Starting tomorrow at 04:00 (UTC), BitMEX customers can trade XRP against Tether (USDT) on the spot section of the exchange. In addition, users can also convert the coin to over 30 crypto…