Author: NBTC
The U.S. President-elect Donald Trump is known as a crypto figure and now holds TROG more than any other crypto on his portfolio. According to Arkham Intelligence data on Dec. 12, Donald Trump holds $8.1 million on his crypto portfolio. TROG has become its largest digital asset, which accounts for more than 27% with $2.2 million. The token value on Trump’s portfolio has increased by $399k after the price surged 92.31% in just a week. Meanwhile, the token’s market capitalization also rose 26% to $4.67 million and traded around $0.0000111. Trump crypto portfolio | Source: Arkham Intelligence Ethereum (ETH) is…
The US crypto industry anticipates pro-crypto executive orders from President-elect Donald Trump as soon as his first day in office as a roadmap, Reuters reported on Dec. 23. Rebecca Rettig, chief legal and policy officer at Polygon Labs, said: “Given the tenor of the campaign, it would be imperative for executive orders to really set out what the actual priorities will be on day one and provide some kind of roadmap.” Trump’s promises to embrace crypto and position the US as a global leader in the sector have sparked excitement among crypto advocates, who see his administration as a chance…
Binance, a leading crypto currency exchange, recently relaunched its wallet as Binance Wallet. In an AMA session on exchange’s official twitter account, the Co-founder Yi He and Wallet Product head Winson discussed these developments as per Wu Blockchain. Binance Co-founder and Wallet Head Talk about Binance Alpha Binance Alpha aims to observe projects before full listing, with selection based on popularity. The 100-people Binance Wallet team aims for differentiation and has a clear roadmap. The new wallet is beginner-friendly.… pic.twitter.com/1Dmb6VAk9Z — Wu Blockchain (@WuBlockchain) December 23, 2024 Binance Alpha: Pre-Listing Project Observation Binance Alpha is a platform that allows an…
Cathie Wood predicts Bitcoin’s $2t market cap will soon flip gold after hitting $100k milestone
Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. In a recent post on Dec. 5, Cathie Wood reacted to the Federal Reserve Chair Jerome Powell’s comments on Bitcoin (BTC), describing the cryptocurrency with the largest market cap as a virtual version of gold. Wood stated that ARK Investment Management believes Bitcoin is “a much bigger idea” than gold. She drew comparisons between gold’s value and Bitcoin’s. Gold, a commodity that’s been on the market much longer than Bitcoin,…
Ripple is excited about the success of RLUSD as they recently received NYDS approval, which is a big step forward. This approval gives RLUSD a high regulatory standard, and the transparency offered by audits will be appealing to users. Experts believe stablecoins will play a key role in cross-border payments and solve many of the problems with traditional payment methods. Stablecoins are fast, available 24/7, borderless, and transparent, which makes them a strong option for the future of payments. XRP Meme Tokens: Could Listings Be Coming Soon? On the other hand, XRP is starting to see increased activity with meme…
Nash has launched the Nash Debit Card, a new feature that enables users to spend crypto or EUR directly from their Nash account. To access the Nash Debit Card, users need to have an IBAN account set up within the Nash app. Introduced in Sept. 2023, Nash’s Euro IBAN accounts are part of the platform’s broader initiative to merge traditional and decentralized finance. The IBAN account is registered under and controlled by the account holder, which Nash claims distinguishes its offering from other crypto IBAN products. IBAN Capabilities Nash’s IBAN accounts provide all the expected functionalities of a traditional bank…
Bitcoin (BTC) has recently reached a new high, surpassing the $100,000 mark – a big deal for the cryptocurrency market, both financially and psychologically. The achievement has sparked a lot of celebration and analysis across the crypto community, showing how the asset has grown and what it can still achieve. Brian Armstrong, the CEO of Coinbase, shared his thoughts on this historic event in a recent post, pointing out how Bitcoin has done well over the years. He noted that if you had invested $100 in Bitcoin in 2012, when Coinbase was first set up, it would now be worth…
As the DeFi sector keeps evolving, the DeFi projects have seen a significant development in terms of total value locked. As per the data from DefiLlama, EOS EVM, Nibiru, Hyperliquid, RENEC, and Lisk have led the market in terms of monthly TVL change. The increasing TVL highlights the popularity of these projects among the users. EOS EVM Leads the Top 15 DeFi Projects Based on Monthly TVL Change with a +31405% Growth The data mentions that EOS EVM is dominating the DeFi realm in the case of total value locked. It has seen a +31405% change in total value locked…
Giant Company Announces It Will Convert Some of Its Treasury Assets into These Three Cryptocurrencies
reAlpha, a real estate technology company that leverages artificial intelligence (AI) technologies, has announced a move to integrate cryptocurrencies into its treasury strategy. The company’s board of directors approved an investment policy that allows up to 25% of its excess cash beyond the estimated six months of operating expenses to be allocated to cryptocurrency purchases. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were designated as the company’s primary treasury reserve assets. “This initiative, approved by the board, demonstrates our forward-looking approach to capital management,” said Giri Devanur, CEO of reAlpha. “By allocating a portion of our excess cash to crypto…
As Ripple secures the much-anticipated regulatory approval to list its stablecoin RLUSD, industry experts are weighing in on how RLUSD’s launch could impact the price of XRP. In a commentary on X, software engineer Vincent Van Code, and XRPL validator Vet offered contrasting perspectives on XRP’s price trajectory in light of RLUSD’s arrival. They highlighted both bullish possibilities and pragmatic limitations. How RLUSD’s Launch Could Impact XRP Price Van Code noted that the New York Department of Financial Services (NYDFS)’s approval of RLUSD has already raised XRP’s price from $1.90 to $2.35. However, he described this surge as a “speculative…