Author: NBTC
Bitstamp, the longest running cryptocurrency exchange, plans to roll out regulated crypto derivatives trading in Europe, according to two people with knowledge of the matter. With its long-standing focus on compliance, Bitstamp is one of a select group of crypto trading platforms to hold a Markets in Financial Instruments (MiFID) license, a pan-European regulatory framework for trading securities and derivatives, which was amended in 2022 to encompass crypto assets. “With its MiFID license in Europe, Bitstamp plans to launch a fully regulated perpetual swap offering,” one of the people said. The arrival of regulatory clarity in Europe, when it comes…
Token Spritz has announced its strategic partnership with Scrolltopia to redefine the landscape of virtual gaming. This collaboration aims to merge artificial intelligence and blockchain technology. By doing this, the alliance is set to create a virtual world full of interactions with rapid transformation. Both partners, by joining their efforts, aim to provide an extraordinary world full of interacting and captivating experiences. 🎊@TokenSpritz x @ScrolltopiaWeb3 Partnership Announcement🎊Scrolltopia aims to build an open gaming platform that integrates AI technology and the virtual world, leveraging blockchain to create a highly interactive and continuously evolving virtual world. Rather than being… pic.twitter.com/cJ1HNMPu5f — Token…
El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most advanced crypto regulatory frameworks in the world, promised to issue $1 billion in bitcoin-backed government bonds and even convinced stablecoin giant Tether to relocate its headquarters to the country. But one of the country’s most rewarding successes has been its extensive Bitcoin-centric education program, according to Stacy Herbert, director of…
In a latest development, the Bank of America CEO Brian Moynihan said on Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. Notably, the head of the second largest U.S. bank by assets was asked about how the industry’s approach to crypto could change given President Donald Trump’s enthusiasm for digital currencies. “If the rules come in and make it a real thing that you can actually do business with, you’ll find that the banking system will come in hard on the transactional side of it,” Moynihan said in an interview at the World…
Veritas Protocol has signed a partnership deal with Bitgert, a cutting-edge blockchain platform. This partnership will reinvent how blockchain safety is approached as Veritas deploys its AI-based security venture in amalgamation with Bitgert’s massively efficient blockchain system capable of processing over 100,000 TPS and fully free of gas fees. 🤝 VERITAS × BITGERT Veritas Protocol and @bitgertbrise chain enter strategic partnership to advance blockchain security standards.Bitgert operates next-gen blockchain designed for 100k+ TPS and zero gas fees.Our AI tech will secure: ➡️ Platform operations ➡️ Smart… pic.twitter.com/lLkL8d8DjZ — VERITAS PROTOCOL (@veritas_web3) January 20, 2025 The Union of Security and Performance…
A recent opinion piece in The Nation by TIME Business reporter Sam Gustin tells readers to “Be Afraid.” He’s warning them about cryptocurrency and Donald Trump. In it, the author quotes Nobel Prize-winning economist and Columbia University professor Joseph Stiglitz, saying: “There’s an enormous risk of self-dealing here.” Economist’s Warning About Trump, Cryptocurrency “The danger is not only conflicts of interest, but a mindset among Trump and his cronies in which they don’t even understand the concept of conflicts of interest,” Stiglitz said. “The irony is that here you have a president who was elected on an allegedly ‘populist’ platform…
The Ripple vs. SEC case is getting more interesting, especially with the recent resignation of SEC chair Gary Gensler. Now, there are many possible outcomes, including a settlement or the case being dismissed. There are rumors that the SEC is planning an emergency meeting to discuss a settlement with Ripple, which could lead to the SEC lawsuit being fully resolved. While the focus is on the settlement, the real question is how this will impact the price of XRP. XRP’s price is currently around $1.45, but we have seen it reach an all-time high of $3.84 previously.. That peak was…
Binance users have reportedly saved $1.75 billion in remittance costs through $26 billion in crypto transfers between 2022 and 2024. Remittances are financial transfers typically made by migrants sending money to family members in their home countries. Globally, remittance volumes are projected to reach $913 billion this year. However, traditional remittance services can be costly, with fees averaging 6.65% for international transactions, according to the World Bank. In some cases, fees can climb as high as 20% for small transfers, as noted by the International Monetary Fund Binance (BNB) allows its users to send crypto remittances via Binance Pay, which…
The year 2024 was pivotal for digital assets, with numerous historical milestones achieved. The latest data shows that blockchains collectively generated $6.9 billion in fees in 2024. Ethereum led the charge, followed by Tron and Bitcoin, which secured their places in the top three. Additionally, Solana experienced a significant surge in fees. Ethereum Dominates Blockchain Fee Revenue in 2024 According to CoinGecko’s report, Ethereum generated $2.48 billion from gas fees, marking a 3.0% yearly increase. “This suggests that Ethereum has continued to lead in fee earnings despite the Dencun upgrade in March 2024 that reduced L2 transaction costs, and the…
It’s instructive to look back to see how much difference one week can make. Participants weathered volatile bitcoin price action, the marque crypto asset dropped 10%. Despite spot bitcoin ETF outflows and macroeconomic concerns on the negative side, the bullish sentiment around blockchain activity on the positive helped keep most people bullish. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. A Week Ago Signals Were Mixed: ETF Outflows, Silk Road Bitcoin Sales, and a Glimpse of Bullish Hope After starting the week…