Author: NBTC

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…

Since its launch earlier this year, the meme coin platform Pump.fun has become a notable name in the crypto industry. This platform allows users, regardless of their technical know-how, to create and launch meme coins swiftly. However, the live-streaming feature has led to serious controversies and calls for a ban due to inappropriate content and financial malfeasance. Pump.Fun Livestream Invites Community Scrutiny Originally, Pump.fun’s livestream was intended to let developers promote their meme coins. Regrettably, some users have misused it to broadcast extreme and harmful activities. A notable incident involved a developer promoting self-harm if his cryptocurrency reached a $25…

Robinhood announced today (Tuesday) that its services are now available in Spain. In an announcement on X, the US-based commission-free stock trading and investing app welcomed Spanish users to access trading, staking, and investment services under the Robinhood Crypto EU platform. This announcement comes more than a year, since the company unveiled a detailed plan about expanding its services in the European Union. The plan also included rolling out services in the United Kingdom. ¡Hola España!Robinhood crypto is now available for Spanish users to trade, stake, earn, and more. pic.twitter.com/K782rViHXa — Robinhood Crypto EU (@RobinhoodCrypto) January 21, 2025 In the…

Constellation Network (DAG), a leading blockchain company, has announced that Dave Berg would be appointed as Chief Product Officer (CPO) for Enterprise and Government Solutions, as disclosed to Finbold on January 21. Berg’s appointment follows the company’s notable success securing high-profile government contracts and, as such, underscores Constellation’s growing presence in the industry. Dave Berg, Constellation Network CPO With over 25 years of experience as a tech industry leader, Berg has a notable history of helping promote scalable enterprise software and driving sustained growth. His career highlights include three successful exits to major public companies, such as HP Enterprise (HPQ)…