Author: NBTC
Ripple’s CTO, David Schwartz, criticized the SEC’s regulatory approach following Coinbase’s recent legal win against the agency. Schwartz shared an excerpt highlighting how the SEC’s lack of clarity fails to provide adequate notice, violating due process requirements. https://twitter.com/JoelKatz/status/1878898324667048000 The shared text called out the SEC for applying broad rules to a diverse crypto industry. The Commission has focused on cryptos that resemble traditional stocks, ignoring the distinct characteristics of stablecoins, utility tokens, and other digital assets like Bitcoin and Ether. Crypto Industry Demands Tailored Regulations In the meantime, crypto community stakeholders decry the SEC’s silence over a tailored regulatory framework.…
Several centralized crypto exchanges (CEXs) are now listing the Official Trump token after it launched on Friday, January 17. Recent reports show Crypto.com and Bybit are the latest platforms to announce listings of TRUMP trading pairs. As shared on Bybit’s website, the exchange announced that perpetual pre-market trading for the TRUMP/USDT pair will commence with a call auction beginning at 9:35 a.m. UTC on January 18, 2025. Similarly, earlier today, the Singapore-based Crypto.com exchange also notified its users that it will be adding options for users to buy TRUMP tokens with USD, EUR, and about 20 other fiat currencies Crypto…
Meter, a Layer-1 (L1) blockchain known for its work on consensus and cross-chain infrastructure, has unveiled Supernova Core, a new open-source consensus framework compatible with the Cosmos (ATOM) source development kit (SDK), as reported to Finbold on Thursday, January 16. Supernova Core will address performance and scalability issues associated with CometBFT while promoting decentralization within the Cosmos ecosystem. At the heart of the framework are the HotStuff consensus protocol and Boneh–Lynn–Shacham (BLS) signature aggregation, which allow blockchain developers to leverage new solutions without leaving already familiar frameworks. The core has been tested on the Meter mainnet, which supports a network…
Bitcoin (BTC) soared to a new all-time high of $94,002 before consolidating above $92,000, signaling strong upward momentum in its ongoing rally. The latest surge comes as geopolitical tensions escalate and investor optimism grows, driving renewed interest in the market. Analysts highlight a convergence of key technical indicators pointing to Bitcoin’s rally entering its most aggressive phase, potentially paving the way for a climb toward the much-anticipated $200,000 milestone. Technical indicators signal an aggressive rally In a recent TradingView post, TradingShot highlighted that Bitcoin’s price action is closely aligned with historical patterns, particularly the Pi Cycle theory, which has proven…
Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers relative to the preceding week. NFT Sales Tick Up 2.78% to $156M The NFT market demonstrated a tempered expansion this week, with sales reflecting a 2.78% improvement. Notably, the volume of sellers rose by 107.80%, signaling heightened activity across both ends of the marketplace. Ethereum reigned as the dominant blockchain,…
An internet sensation and queen of a meme “Hawk Tuah Girl” from the viral meme from June 2024, has now announced the launch of memecoin ‘HAWK’. The memecoin is set to go live on December 4, 2024 at 5 PM EST. Launching December 4th, 5pm EST. Official Contract Address: HAWKThXRcNL9ZGZKqgUXLm4W8tnRZ7U6MVdEepSutj34 Free token claims 👉 https://t.co/Xc8lv1WCVA pic.twitter.com/RDH1ZFv0dD — Haliey Welch (@HalieyWelchX) November 26, 2024 The memecoin is designed to merge internet culture with the world of cryptocurrency in order to create a unique gateway for both crypto lovers and fans. $HAWK is not just a normal memecoin as it symbolizes the…
As President-elect Donald Trump prepares to take office on January 20, the crypto industry closely watches his decision to appoint the next chair of the Commodity Futures Trading Commission (CFTC). With outgoing Chair Rostin Behnam set to step down, the incoming appointee will play a pivotal role in shaping the regulatory framework for digital assets in the United States as Gary Gensler stretched the need for strict policies. Potential Candidates for CFTC Leadership Trump’s transition team has reportedly interviewed several candidates for the CFTC chair position, with at least six individuals under consideration. According to Fox Business, the frontrunners are…
The TRUMP meme coin has made a dramatic entry into the crypto market, achieving one of the most talked-about launches in recent history. Backed by a collaboration between Jupiter Exchange and the Meteora team, the launch capitalized on robust infrastructure and seamless execution to attract global attention. Meteora’s Benchow commended Jupiter Exchange for its role in ensuring a secure and efficient trading process during the token’s debut. Today’s $TRUMP launch on Meteora’s DLMM platform is one of the biggest in crypto and wouldn’t have been possible without @JupiterExchange.Besides ensuring an s-tier trading experience not just on Jupiter itself but across…
Road Town, British Virgin Islands – Powerloom, the cutting-edge composable data layer designed for next-generation onchain applications, has officially launched its highly anticipated L2 mainnet on the Ethereum network. This milestone follows extensive testing by the Powerloom team and community, ensuring the protocol’s optimization and readiness.—Powerloom powers Generative Prediction Markets (GPM), an advanced onchain prediction market application with a user base of over 10,000 wallets generating more than 500,000 predictions. With its mainnet debut, Powerloom is poised to eliminate traditional barriers of cost and complexity, making accurate, verifiable onchain data accessible for everyone.5300+ Nodes Deliver Seamless Data for Web3 At…
IBIT options surpassed $2 billion in notional exposure. The launch of options on bitcoin ETFs had the approval of just 25,000 contracts as a position limit. According to Bitwise’s head of alpha strategies, Jeff Park, by industry standards, bitcoin ETF options should have seen around 400,000 contracts. Another Bitcoin-linked product, another success story. This time, it’s options tied to BlackRock’s iShares Bitcoin Trust (IBIT), which went live on Nasdaq Tuesday giving them a one-day head start over some competitors, which begin trading later Wednesday. IBIT, which has a market cap of $44 billion, saw over $2 billion in options trading…