A group of former executives from the collapsed crypto-friendly Signature Bank has launched a new blockchain-based, state-chartered bank called N3XT, with the goal of enabling instant 24-hour payments. N3XT said on Thursday that it aims to settle payments instantly at any time using a private blockchain and offers programmable payments through smart contracts. The company added that its systems have been designed for interoperability with stablecoins, utility tokens, and other digital assets. Signature Bank founder Scott Shay founded N3XT, which will operate under a Wyoming Special Purpose Depository Institution (SPDI)…
Tag: Launch
Chainlink Approaches Key Breakout Levels as ETF Launch Triggers Market-Wide Buzz
Chainlink (LINK) is once again in the spotlight across the cryptosphere after the launch of the first U.S. Chainlink-focused ETF sparked a sharp price rebound and renewed institutional interest. LINK surged more than 20% in 24 hours, trading around $14.4 as volumes and market participation accelerated. Related Reading Chainlink ETF Launch Sparks Strong Market Reaction Grayscale launched the GLNK ETF on December 2, converting its previous private Chainlink trust into a publicly traded product on NYSE Arca. The ETF opened with zero fees and recorded more than 1.17 million shares…
Fin Raises $17M to Launch Global Stablecoin Payments App
Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have raised $17 million to launch Fin, a stablecoin-powered payments app designed for high-value cross-border transactions. According to Fortune on Wednesday, the startup, previously known as TipLink, closed the round with backing from Pantera Capital, Sequoia and Samsung Next. Fin plans to pilot the app within the next month, targeting import-export businesses that often move hundreds of thousands of dollars at a time. Built around stablecoin rails, Fin will enable users to send funds to other payment apps, bank accounts, and crypto…
Forget Bitcoin, XRP holders could earn up to $10,000 daily after XRP ETF launch
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DeFi BI gains momentum as XRP ETF optimism pushes investors toward early yield strategies and cloud mining participation. Summary XRP gains fresh momentum after its ETF launch, as investors eye ecosystem growth and new hashrate-driven yield models. Cloud-mining platform BI DeFi surges in popularity post-ETF, offering regulated, green, and transparent mining access. BI DeFi boosts investor confidence with cold-wallet custody, insurance, AI monitoring, and PwC-verified compliance. As discussions about…
Bitnomial to Launch First CFTC-Regulated Spot Crypto Market in US
Key Notes The firm’s self-certification filing under CFTC regulation 40.6(a) appears approved after the mandatory 10-day review window expired. Current spot exchanges like Coinbase operate under state licenses, while Bitnomial would trade under federal mandate. This development aligns with the CFTC’s Crypto Sprint initiative supporting America’s digital asset leadership goals. Chicago-based fintech firm Bitnomial could soon become the first Designated Contract Market (DCM)-licensed cryptocurrency exchange to offer spot crypto trading in the US. The company submitted a self-certification declaration and filing to the Commodity Futures Trading Commission (CFTC) under regulation…
Chainlink ETF Nears Launch — Can LINK Price Bounce Back?
Key Notes Institutional demand for Chainlink ETF is rising as asset managers like Grayscale and Bitwise, join the race. Grayscale’s Chainlink Trust, launched in 2021 with $17.2 million AUM, is set for ETF conversion. LINK price dropped nearly 30% in November, with analysts warning of a potential decline toward $8 unless key support levels are reclaimed. Chainlink LINK $12.14 24h volatility: 7.1% Market cap: $8.48 B Vol. 24h: $623.19 M could grab the crypto market’s attention this week, with the upcoming launch of a LINK exchange-traded fund (ETF) this week.…
Dogecoin ETFs Flat At Launch, But Technical Analysis Points To $1 If This Support Holds
The launch of spot exchange-traded funds (ETFs) tracking Dogecoin in the United States was met with muted enthusiasm. Inflows into Grayscale and Bitwise’s ETFs were limited in their first week of trading, despite the hype around the first-ever Dogecoin ETFs. But even as ETF inflows sputter, some technical analysts argue that DOGE might still undergo a strong price rally, possibly all the way to $1, if important support levels hold. Related Reading Spot DOGE ETFs Off To A Slow Start When Grayscale rolled out its Spot DOGE fund (GDOG) on…
Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch
Interest in XRP has increased massively after the launch of Spot XRP ETFs, leading some supporters to float a $100 per token rally before the end of the year. That scenario, however, appears highly unrealistic when basic market fundamentals are considered. In a recent post on X, Zach Humphries dismissed triple-digit predictions, calling them “delusional” and warning that they mislead people who don’t grasp the math behind market valuation. The Market Cap Reality Check Any attempt to peg XRP at $100 must first contend with its circulating supply and the…
Solana ETFs Record First Outflows Since Launch As SOL Price Rebounds to $140
Key Notes 21Shares drove aggregate outflows with $34 million in redemptions while Bitwise and Grayscale continued accumulating positions. Most ETF holders remain underwater with average cost basis near $151, reducing likelihood of mass liquidations at current levels. Technical resistance at the 20-day moving average ($152) must be cleared before SOL can target the $168 level. On Nov. 27, Solana SOL $141.6 24h volatility: 0.6% Market cap: $79.19 B Vol. 24h: $4.99 B price reclaimed the $140 threshold for the first time since mid-month. The rebound arrived alongside a notable shift…
Monad Price Down 15% in First Hours of Mainnet Launch, Listings
Key Notes MON launched with 10% of 100B supply unlocked, falling to $0.024 from $0.032-0.034 pre-market range. Coinbase’s $187.5M launchpad ICO and Paradigm’s $225M private round show modest early returns at current valuation. Analysts highlight supply pressure from airdrops and shorts, though the EVM-compatible L1 blockchain targets 10,000 TPS performance. Monad mainnet launched on November 24, together with MON’s token generation event (TGE), unlocking and distributing approximately 10% of a 100 billion supply. As forecasted by many analysts, the Monad price is down in the first few hours of the…