Author: NBTC

Senator Elizabeth Warren wants clarity on the ethical standards applied to billionaire Elon Musk in his role as a top adviser to President-elect Donald Trump’s transition team. In a letter to Trump, Warren emphasized the need for Musk to address potential conflicts of interest if he is to continue advising the incoming administration. The letter from Warren highlights existing rules published by the General Services Administration. These rules mandate that transition team members avoid both real and perceived conflicts of interest. The democratic party Senator from Massachusetts pointed out that members are prohibited from engaging in matters that could affect…

Binance Alpha, the pre-selected pool for potential Binance listings, has announced its fourth batch of tokens featuring the following projects: KOGE, BOB, MGP, PSTAKE, GNON, Shoggoth, LUCE, and ODOS. Binance Alpha Announces Fourth Party Tokens in Pre-Listing Program Binance Alpha serves as a dedicated initiative to identify and highlight promising blockchain projects for listing on the Binance platform. It aims to provide early exposure to innovative tokens by offering insights into projects that could shape the crypto landscape. The latest batch of tokens includes a wide range of projects spanning a variety of sectors, from decentralized finance (DeFi) to gaming…

BBQ sauce, pickles, onions, and pork: A day after McDonald’s fan-favorite McRib sandwich returned to U.S. restaurants, Bitcoin’s price topped $100,000 for the first time ever. Were these ingredients (plus a dash of dextrose sugar) necessary to cement Bitcoin’s record-setting climb? Maybe, probably not, but the unusual correlation between the sandwich’s availability and financial market strength hit the spot Wednesday. The irony wasn’t lost on McDonald’s Senior Marketing Director Guillaume Huin, who wrote on X (formerly known as Twitter) that Bitcoin’s jump past $100,000 “the exact day McRib is back is fucking hilarious.” (According to McDonald’s official website, “McRib SZN”…

Tech billionaire and innovator Elon Musk, who is known for his love for memes, has published a post on his account on the X social media platform that he owns. This post featured a popular internet meme, Pepe the Frog, which last year inspired the creation of the PEPE meme cryptocurrency. The community, including many PEPE enthusiasts, enthusiastically reacted to his post. This is not the first Pepe the Frog-related post published by the tech magnate this week. One of them even caused the aforementioned meme coin to surge by more than 14% at the start of the week. Musk’s…

Scott Bessent, Donald Trump’s pick for Treasury Secretary, will meet Senator Elizabeth Warren later today in a showdown between two people with radically different views on crypto. Bessent, an outspoken advocate for blockchain, is expected to face a grilling from Warren, one of the top haters of crypto in Washington. The meeting is part of a series of Capitol Hill discussions before his confirmation hearings next month. Bessent’s Capitol Hill itinerary also reportedly includes meetings with Republican senators Mitch McConnell, Ted Cruz, and James Lankford. Warren’s war on crypto Warren has made no secret of her disdain for crypto. She…

Coinbase has issued a formal response to a lawsuit filed by BiT Global, a company tied to Justin Sun. The dispute arose after Coinbase announced it would delist wrapped Bitcoin (wBTC) from its platform on December 19. Meanwhile, Coinbase introduced Apple Pay support for fiat-to-crypto conversions, reflecting US regulatory trends and Apple’s growing interest in digital assets. BiT Global alleges that the delisting is defamatory and aims to monopolize the tokenized Bitcoin market. The lawsuit highlights concerns over Coinbase’s decision, accusing the exchange of anti-competitive behaviour. The conflict stems from changes in the custodianship of wBTC. In August, BitGo announced…

Mantle, an Ethereum L2 scaling solution, has recently disclosed a significant development in collaboration with Succinct Labs. It has integrated with SP1 of Succinct and this move has made it the biggest ZK rollup. This underscores its commitment to provide advanced scalability, capital efficiency, and institutional-level security. The platform revealed this development in a recent X post. We’re becoming the world’s largest ZK rollup with SP1.In collaboration with @SuccinctLabs, we’re creating institutional-grade settlement and value transfer — reducing finality from 7 days to 1 hour. pic.twitter.com/0U59WvOPRI — Mantle (@0xMantle) December 19, 2024 Mantle Integrates Succinct’s SP1 to Gain 1-Hour Transaction…

Bitcoin jumped above the $100,000 price point for the first time late Wednesday and continued to climb past $103,000, remaining above the milestone mark into Thursday—but it’s finally dropped back into five figures. BTC is currently trading for $98,969 as of this writing, falling from an all-time high of $103,679 as the leading cryptocurrency bounced around above the $100,000 mark in recent hours. Some $199 million worth of Bitcoin futures positions have been liquidated over the last 24 hours, per data from CoinGlass, including nearly $127 million in shorts (bets on the price falling) and about $72 million worth of…

BitBoy predicts an imminent XRP ETF launch, citing the explosive performance of an XRP Trust by a billion-dollar asset manager as a positive sign. ETFs have arguably been the biggest crypto narrative in 2024 besides memes. Fueled by the success of spot Bitcoin ETFs and their impact on the asset’s price, market speculators have set their eyes firmly on altcoins they expect to be next in line to receive the traditional investment wrapper. Among the potential contenders is XRP. Recently, a prominent market commentator has offered speculators an additional reason to anticipate the launch of an XRP ETF. “Good Sign…

A spending agreement unveiled by congressional leaders Tuesday—a so-called Christmas Tree stopgap bill packed with various additions before the holiday break—is aimed at averting a government shutdown. But it also includes a relatively novel crypto-related initiative. Tucked within a 1,547-page bill that would keep the government funded through March 14, 2025, the legislative package currently includes the “Deploying American Blockchains Act,” a measure that would enable the U.S. Department of Commerce to make policy recommendations while assembling a government-backed group of industry experts on Capitol Hill. First passed in the House of Representatives in May, the bill requires the Department…