Author: NBTC

Transak has secured Money Transmitter Licenses in Illinois and Missouri, expanding its reach into the U.S. market. The newly acquired licenses in the two U.S. states will enable the web3 payment infrastructure provider to operate independently in Illinois and Missouri, crypto.news can exclusively confirm. A Money Transmitter License grants firms operating in the United States the ability to engage in money transmission activities in compliance with financial laws and consumer protection regulations. For Transak, obtaining these licenses allows the firm to directly facilitate fiat-to-crypto transactions for residents and businesses in Illinois and Missouri. Since Transak will no longer operate under…

Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price has slipped below the 50-day SMA after a rejection of the recent high. Bitcoin price long term forecast: bearish Buyers tried to hold the price above the 21-day SMA resistance but failed to do so on December 26. A break above the 21-day SMA barrier would have pushed Bitcoin to its previous high of $108,364. However, the bearish momentum broke through the 50-day SMA and Bitcoin fell to a low of $95,404. The bears are in control and are selling on rallies as Bitcoin falls into the bearish trend zone. The bulls…

Bitcoin maximalist and JAN3 boss Samson Mow calls for the Ethereum chain to be rolled back after North Korean hackers have exploited the Bybit exchange, stealing a whopping $1.4 billion worth of Ethereum. Also, Bitcoin maxis seem to be trolling Ethereum’s leader Vitalik Buterin as they are spreading an identical tweet about “discussing the best way to roll back Ethereum” with him. Meanwhile, other large crypto exchanges, including Binance have rushed to help the suffering platform and are sending tens of millions of dollars in ETH to Bybit. As @VitalikButerin & I discuss the best way to roll back the…

A big investor has gained a staggering $11.5 million profit in just more than two weeks by investing in the Virtuals Protocol (VIRTUAL) token. The coin rose 22.7% over yesterday, reflecting its robust uptrend momentum. This trader’s success story is a testimony to the rewarding opportunities available for those who intelligently maneuver within the digital currency space. Whale earns $11.5 million profit with VIRTUAL On January 2 today, Lookonchain spotted a crypto whale that had made a massive investment in the Virtuals Protocol token some days back. As per the on-chain platform, the whale spent $10 million USDC to buy…

Self-custody crypto wallet Exodus has integrated Venmo as a payment method through its partnership with MoonPay. The move opens the door for over 60 million monthly active Venmo users to seamlessly purchase digital assets directly through the Exodus Mobile wallet app. According to Exodus, US customers can now buy crypto assets using their Venmo accounts via MoonPay’s secure checkout interface within the Exodus app. The integration leverages the familiarity and ease of use of the Venmo platform, a popular peer-to-peer payment app owned by PayPal. It complements Exodus’s existing suite of payment options, which includes debit and credit cards, PayPal,…

Anthony Sassano, a prominent Ethereum advocate and educator, shared his views on Dec. 30, 2024, regarding why he believes Bitcoin is less decentralized than Ethereum. In his post on social media platform X, Sassano detailed several points comparing the two blockchain networks. Sassano began by stating that Bitcoin’s reliance on Bitcoin Core—the dominant implementation of the protocol—reflects a lack of client diversity, making Bitcoin Core effectively the protocol’s specification. He compared this to Ethereum, which has over ten independent clients supported through funding by the Protocol Guild, a collective initiative for Ethereum’s layer 1 research and development. He highlighted centralization…

Hyperliquid has witnessed a noteworthy rise in terms of price movement. As per the data from Spot On Chain, Hyperliquid has regained its 20th position among the biggest assets, leading to a massive surge in whale activity. The on-chain analytics provider disclosed this remarkable development in a recent social media post on X. Whales are accumulating $HYPE as #Hyperliquid reclaims its spot as the 20th-largest token by market cap from $PEPE today!1/ Whale “0x007” bridged and spent 3.96M $USDC to buy 151,277 $HYPE at ~$26.19, 9 hours ago.2/ Whale “0x721” spent 2.6M $USDC to buy 99,546 $HYPE at… pic.twitter.com/tFgjF823LY —…

KuCoin, a prominent cryptocurrency exchange, has declared that KuCoin EU Exchange GmbH is striving to get Markets in Crypto-Assets Regulation (MiCAR) license within the Austrian jurisdiction. KuCoin EU plans to obtain a digital asset service provider status under full compliance with the European Economic Area (EEA) regulations. KuCoin EU Exchange GmbH applies for a MICAR license in Austria to fulfill regulatory compliance requirements while upholding strict EU standards. The MICAR license from KuCoin EU will unlock its ability to provide crypto trading services in the entire 30-member EU and EEA states with secure standardization. KuCoin is actively expanding its operations…

Bitcoin (BTC) hit a record high on December 17 but has since dropped below $100,000. Key indicators, such as the ADX, alongside cautious whale activity, suggest a weakening downtrend. As BTC approaches critical resistance and support levels, its next moves could significantly influence its price direction in the coming days. BTC ADX Shows the Downtrend Is Weakening BTC’s ADX currently stands at 18.81, down sharply from nearly 50 just seven days ago. This decline highlights a marked weakening in the strength of Bitcoin’s ongoing downtrend. The rapid decrease in ADX suggests that the momentum driving BTC recent price movements is…

For years, crypto and AI users have sought to combine both emergent technologies into products greater than the sum of their parts: autonomous agents capable of making human-level decisions and spending digital money to complete complex tasks. In 2024, these lofty dreams started to become reality. There’s still a long way to go, of course. Crypto-powered AI agents capable of completing intricate human functions are still deep in development. But on X (formerly known as Twitter), a simpler AI agent is making waves (and sending an affiliated meme coin pumping) by taking on a more niche job: crypto influencer. Amid…