The Nibiru Foundation has launched an investment arm, Nibiru Ventures, to support development on layer 1 blockchain Nibiru Chain. The strategic venture arm was created “to overcome the challenges faced by ecosystem dapp founders and expand the scope of the services that Nibiru provides,” said Nibiru Chain COO Jonathan Chang, in a statement shared with Decrypt. Along with funding, Nibiru…
Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’ Cryptoquant‘s latest report highlights bitcoin’s strong historical performance during the fourth […] Source: https://news.bitcoin.com/bitcoin-enters-positive-seasonal-trend-demand-key-to-further-growth-cryptoquant/
Despite resistance from the UK’s Debt Management Office, City Minister Tulip Siddiq pushes for blockchain-based bonds to modernize financial markets. Source: https://cointelegraph.com/news/uk-city-minister-pushes-blockchain-gilts-despite-dmo-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s short-term structure signals that most of October could be a cooling-off period before the “next bullish attempt,” according to a crypto analyst. Source: https://cointelegraph.com/news/bitcoin-breaking-74k-btc-price-chart-mid-term-bearish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monero’s price fell by 8% a day after Kraken announced it would stop supporting the privacy-focused cryptocurrency. Source: https://cointelegraph.com/news/kraken-ends-monero-support-european-economic-area?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Taurus teams up with Chainlink Labs to address challenges related to tokenized assets, including cross-chain mobility, data integration and security. Source: https://cointelegraph.com/news/taurus-chainlink-partnership-institutional-tokenization-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption. Source: https://cointelegraph.com/news/currency-devaluation-drives-stablecoin-adoption-sub-saharan-africa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The cryptocurrency market sell off, which saw the Bitcoin price nose-dive by over 5% late Tuesday, resulted in massive liquidations totaling $526 million over 24 hours. Long positions accounted for $453 million and short positions for $73 million, according to data from CoinGlass. At the time of writing, Bitcoin is trading down 3.5% at $61,720 early Wednesday, while Ethereum (ETH)…
Kasikornbank Financial Conglomerate, a Thai banking giant, has said it plans to launch the country’s first licensed digital asset custodian. The service, called Orbix Custodian, is licensed by the Finance Ministry and supervised by the securities regulator. Kasikornbank is currently testing its systems before launching in early 2025. The goal is to protect investors and […] Source: https://news.bitcoin.com/kasikornbank-to-launch-thailands-first-licensed-digital-asset-custodian/
BTC price expectations get flipped on their head as geopolitical uncertainty rocks Bitcoin and risk assets. Source: https://cointelegraph.com/news/bitcoin-traders-54k-btc-price-lower-middle-east-tensions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
