Author: NBTC

Ethereum (ETH) price has hit a major milestone, as it has hedge against a 30% slump in more than 495 days. Benjamin Cowen, a top market analyst and CEO of Into The Cryptoverse spotted this trend, underscoring the resilience of Ethereum even amid the past crypto winter. Like many other digital currencies, Ethereum is yet to reclaim its All-Time High (ATH) price of $4,891 set in November 2021. What is obvious with Ethereum, however, is its ability to hedge against steeper declines. While current data pegs the coin below its ATH by 32.96%, other competing Layer-1 protocols like Cardano (ADA)…

Gaming giant Square Enix, the long-running publisher behind such franchises as Final Fantasy and Kingdom Hearts, announced Tuesday that it has invested in HyperPlay, a crypto-native game launcher. And Square Enix will bring its Symbiogenesis game to the store. Billed as “strategic fundraising” for the platform, HyperPlay declined to disclose the amount of the investment. But pseudonymous founder JacobC.eth exclusively told Decrypt’s GG that he sees the Japanese publisher as “the most forward thinking of all the major game studios, and has always been on the forefront of innovation.” Square Enix has been playing in the blockchain space for a…

XRP has secured a notable listing on Atlantis Exchange, a crypto trading platform registered with the U.S. Department of the Treasury. Atlantis Exchange Listing XRP In a recent post on X, Atlantis Exchange disclosed that it included XRP among its list of supported cryptocurrencies. Specifically, XRP commenced trading on the platform on March 17 at 5:00 AM UTC, with the trading pair USDB. $XRP to start trading at 5:00 AM, UTC, today. Get #funds ready now. A value increase of #100x or more seems possible. Don’t miss out! 🔥🔥🔥 https://t.co/XiqhKmciUM — Atlantis Exchange (@Atlantis_Ex) March 17, 2024 Per the notification,…

“Shark Tank” billionaire investor Mark Cuban weighed in on Bitcoin’s recent rally, stating that he has invested in the cryptocurrency due to its strong capability as a store of value. Bitcoin surged past $68,000 on Tuesday, inching closer to its all-time high, as more funds pour into the top cryptocurrency by market value. Cuban told CNBC in an interview published late Monday that he was uncertain about the exact portion of his portfolio allocated to crypto, “but it’s happy.” “There’s only going to be 21 million of [Bitcoin]. The more people that buy and the fewer people that sell, that…

On-chain analysts predict a new Chainlink (LINK) exchange-traded fund (ETF) will soon launch. LINK tokens are accruing utility in the tokenization space as companies move beyond blockchain ETFs into real-world asset tokenization. One analyst has pointed out that the use of LINK by ARK Invest to prove its Bitcoin holdings may be a sign a new ETF is imminent. How Chainlink Could Get an ETF ARK’s ETF partner, 21 Shares, currently holds 693,639 LINK tokens. The ETF provider offers these tokens to institutional investors, meaning the company already has a market for a Chainlink ETF. 21Shares is the largest crypto…

London braces for an influx of crypto exchange-traded products, sparking enthusiasm among large crypto ETF providers. As London prepares to embrace a new era of crypto exchange-traded products (ETPs), financial giants like CoinShares, WisdomTree, and ETC Group, are eagerly eyeing opportunities to list their offerings on the London Stock Exchange (LSE), the Financial Times has learned. The relaxation of regulations by the Financial Conduct Authority (FCA) signals a noticeable shift, yet criticism arises as the FCA still bars retail investors from accessing crypto ETPs on the LSE. While Bradley Duke, chief strategist of ETC Group, Europe’s largest crypto fund, emphasized…

The collaboration between the Shibarium Network and Tangem represents a significant stride forward for the Shiba Inu ecosystem. Shibarium, serving as a cornerstone within the Shiba Inu community, has joined forces with Tangem, a renowned provider of secure cold wallet solutions. This partnership introduces a robust cold wallet solution tailored specifically for Shiba Inu token holders, addressing the critical need for enhanced security and ease of asset management. With the integration of Tangem’s technology, users can now securely store and manage their SHIB tokens with confidence, knowing that their digital assets are safeguarded against potential threats. Tangem’s Cold Wallet Solution…

Blockchain-focused Figure Technologies has secured $60 million in a bid to build a decentralized competitor to the largest centralized crypto exchanges. The company also looks to offer an alternative to stablecoins. Called Figure Markets, the new exchange seeks to use the Provenance blockchain — which Figure helped develop — to be a marketplace for a range of securities, including equities, fixed income, alternatives and crypto assets. Jump Crypto, Pantera Capital and Lightspeed Faction led the $60 million Series A funding round. Figure CEO Mike Cagney acknowledged that many exchanges have launched without much success in usurping the two titans in…

The Bitcoin (BTC) price rally seems to be absolutely unstoppable as the largest digital asset surges by another 8% pretty close to hitting its new all-time highs. At press time, Bitcoin is trading at $68,200 with a market cap of $1.340 trillion. With this, BTC’s gains on the weekly chart exceed 22%. Interestingly, the Bitcoin price has already touched new all-time highs in EUR. Bitcoin Price Rally to $70,000 And Above Likely? Insights from on-chain data provider Santiment indicate that Bitcoin’s current market value of $68.0K is remarkably close to its all-time high (ATH) of $68.6K, with just a 0.9%…

An ex-parte motion in Nigeria’s crackdown on Binance looks set to expose internal platform information to regulatory scrutiny. A Federal High Court in Abuja, Nigeria’s capital, has ordered Binance to turn over data on all its exchange users to the Economic and Financial Crimes Commission (EFCC) in an investigation into suspected money laundering, foreign exchange rate manipulation, and terror financing. In a March 18 court hearing, EFCC operative Hamma Bello said the agency’s Special Investigation Team was alerted to suspicious activity and petitioned the crypto exchange to cease all naira-related trading facilities. Nigerian authorities initially requested up to six months…