Author: NBTC
Tom Lee, co-founder of Fundstrat and head of Bitmine, known for his bullish pronouncements in the cryptocurrency markets, shared his personal career journey and offered noteworthy insights into Bitcoin, Ethereum, and other digital asset treasuries during a program he participated in. Lee presented one of the most aggressive price frameworks to date for Ethereum. Noting that the historical ETH/BTC ratio has averaged around 0.08, Lee stated, “If someone thinks Bitcoin is going to $200,000, which I do, then Ethereum simply returning to its long-term average means an ETH price of $16,000.” Lee, as a more advanced scenario, put forward the…
Earlier this year, at Hong Kong’s Bitcoin Asia, there was a growing sense of frustration with Digital Asset Treasury (DAT) companies and their lagging performance against the asset they fill their coffers with. “Just buy an ETF,” is how Strive Asset Management CEO Matt Cole put it on stage during a panel at the conference. But in Japan, this isn’t the case. Indeed, DATs listed in Tokyo consistently outperform bitcoin because of the local tax treatment of equities vs. crypto. Those premiums are not random. They are an expression of Japan’s tax incentives, which punish direct crypto gains but reward…
Major U.S. banks push accusations of political de-banking, urging caution as industry concerns surge. Evidence suggests compliance, not ideology, is driving most account closures. Summary Banks insist account closures stem from AML and regulatory compliance, not political views. Crypto businesses face real de-risking pressure but not targeted ideological suppression. Lack of transparency fuels misconceptions, highlighting the need for clearer banking standards. A wave of online outrage erupted this month after allegations surfaced claiming major U.S. banks were “de-banking” customers for political reasons. The narrative quickly spread through crypto circles, amplifying fears that traditional finance was weaponizing banking access against individuals…
BitMEX has launched a redesigned mobile app that mirrors its desktop liquidity, supports 80+ derivatives contracts and spot trading, and introduces gesture-based, low-friction order execution for active crypto traders on the go. Summary The new BitMEX app offers access to over 80 derivatives markets, copy trading, bots, and fee-free crypto conversion for 30+ assets, matching desktop liquidity and engine performance. UX changes focus on fewer taps and faster reactions, adding “Swipe to Close” positions, one-swipe navigation between markets and menus, one-click fiat purchases, and streamlined KYC. The app ships with a fresh interface distinct from desktop and supports secure deposits…
In a striking move highlighting the global arms race in digital forensics, South Korean authorities have invested heavily in cryptocurrency tracking. Recent data reveals a staggering $11.3 million spent over three years on Chainalysis, a leading U.S.-based blockchain analytics firm. This massive expenditure underscores a critical shift: as crypto adoption grows, so does the state’s capability to monitor it. But what does this mean for privacy, security, and the future of digital finance? Let’s dive into the details. Why is South Korea Spending Millions on Chainalysis? South Korea boasts one of the world’s most active cryptocurrency markets. Consequently, its law…
In a strategic move that’s sending ripples through the Solana ecosystem, Jupiter, the leading decentralized exchange aggregator, has announced its acquisition of RainFi, a peer-to-peer lending protocol. This significant development, first reported by SolanaFloor, represents more than just a business transaction—it’s a calculated expansion that could reshape how users interact with decentralized finance on one of crypto’s most vibrant networks. The Jupiter acquires RainFi news comes with an exciting bonus for the community: an upcoming airdrop of JUP tokens to RainFi’s loyal users early next year. Why Did Jupiter Acquire RainFi? When a major player like Jupiter makes a strategic…
In a significant move for blockchain scalability, the Ethereum Foundation has successfully activated a crucial upgrade. The Ethereum Foundation BPO-1 upgrade went live on December 10th, marking a pivotal step in enhancing the network’s capacity for Layer 2 solutions. This development directly addresses one of the ecosystem’s most pressing needs: scalable and affordable transaction space. What Exactly is the Ethereum Foundation BPO-1 Upgrade? The core of this update is a technical enhancement that increases ‘blob’ capacity. Think of blobs as dedicated data packages for Layer 2 networks like Optimism and Arbitrum. Before the Ethereum Foundation BPO-1 upgrade, capacity was limited.…
FED Board Member Stephen Miran made a critical statement in the interest rate cut discussions as the December meeting approaches. Speaking to Bloomberg TV, Miran said he would support a 25 basis point cut if he was in a decisive position in the vote, despite having previously dissented in favor of a half-point (50 basis point) cut in two previous meetings. “If I had the ‘marginal’ votes to secure a 25 basis point cut, I would definitely support it. To do otherwise would be to inflict real damage on the economy, and that’s not my style,” Miran said. Miran’s flexible…
The UK’s Financial Conduct Authority (FCA), the watchdog overseeing the country’s financial sector, has released proposals as part of its strategy to “boost UK investment culture,” and is asking for help from the crypto industry. In discussion and consultation papers released on Monday, the FCA asked crypto companies to provide feedback on proposals aimed at “expanding consumer access to investments” and amending rules for “client categorization and conflicts of interest.” Source: FCA The discussion paper noted that “virtually all of the underperformance on high [digital engagement practices] apps could be attributed to trading in cryptoassets and [contracts for difference.” The…
Crypto lender Nexo said it agreed to acquire Argentina-based crypto investment platform Buenbit for an undisclosed amount as it deepens its presence across Latin America. The deal will allow Nexo to operate under Argentina’s regulatory framework and tap into Buenbit’s user base in that country and in Peru, the Zug, Switzerland-based lender said in a statement shared with CoinDesk. Buenbit, registered with Argentina’s Comisión Nacional de Valores (CNV), has become a key player in the region’s crypto adoption, offering fiat-to-crypto services in markets where inflation and currency controls are routine. The Nexo deal folds that local experience into its larger…