Author: NBTC

MicroStrategy co-founder and executive chairman Michael Saylor said Wednesday that he would be willing to provide advisory support to President-elect Donald Trump on crypto matters if asked. “I’m always willing to provide a thought on constructive digital asset policy either in confidence or publicly. And if I’m asked to serve on some sort of Digital Assets Advisory Council. I probably would,” said Saylor, speaking on Bloomberg Open Interest. While Saylor confirmed meeting with many people in the incoming Trump administration, he declined to provide further details. The statement comes as MicroStrategy prepares to join the Nasdaq-100 alongside Palantir Technologies and…

BrokenBound, a cross-chain financial platform known for providing liquidity services for Memecoins, has announced to partner with IntoVerse, a Web3-based social protocol. This partnership is expected to integrate the hashrate economy with payment options and cryptocurrency to offer superior and refined services at the global level. The collaboration aims to provide customers with better opportunities for more effective, secure, and scalable financial assets worldwide. 🚀 Partnership Announcement 🚀#BrokenBound is excited to announce its partnership with @intoverse_ !🤝 Together, we’ll drive innovation by combining the power of the hashrate economy and crypto payments, delivering more efficient and secure financial solutions for…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It seems fitting that bitcoin’s rise above $103,000 came in the final month of a groundbreaking year for the asset. You already know about the first US spot bitcoin ETFs in January and Trump’s election win a month ago. Then there was the president-elect’s selection this week of Paul Atkins as SEC chair (who many deem to be a crypto advocate). And Fed Chair Jerome Powell even recently compared bitcoin to gold. The fact that gold’s market cap is still nine times larger than bitcoin’s (about…

Following the approval of spot Bitcoin and Ethereum ETFs, other altcoin ETFs are also expected to be approved. While there are already applications for altcoin ETFs for some altcoins like Solana (SOL) and XRP, BlackRock has closed the door on any other ETFs. Bloomberg ETF analyst Eric Balchunas shared BlackRock ETF president Jay Jacobs’ statements on this subject. At this point, Jay Jacobs said that BlackRock will focus on Bitcoin and Ethereum ETFs rather than launching other altcoin ETFs. Jacobs said that his exploration of Bitcoin and Ethereum has just begun and that interest in BTC and ETH is just…

Stargate, a cross-chain bridge built on LayerZero, has been down for over six hours due to malfunctioning Decentralized Verifier Networks (DVN) executors, which causes delays in transaction processing across multiple blockchains. Blockchain security firm PeckShield first reported the outage earlier today and advised users to halt cross-chain transfers until further notice. #PeckShieldAlert Our community has reported that #Stargate is currently down. Do *NOT* use Stargate for cross-chain fund transfers at this time. Transactions are getting stuck in transit. — PeckShieldAlert (@PeckShieldAlert) December 20, 2024 Web3 security company ExVul later noted that Stargate had been down for nearly 6 hours. 🚨🚨🚨URGENT:…

Charles Bobrinskoy of Ariel Investments has warned that Bitcoin is a momentum-driven bubble, predicting an imminent price decline as regulatory and market sentiment shift. Bobrinskoy issued this stark warning about Bitcoin (BTC), labeling the cryptocurrency a “get-rich-quick scheme” driven by momentum rather than intrinsic value. Speaking on CNBC’s The Exchange, Bobrinskoy expressed concerns about Bitcoin’s reliance on minimal regulatory oversight, which he argued leaves it vulnerable to collapse when investor sentiment turns. Bitcoin’s appeal lies in its lack of regulation, enabling large, anonymous transactions, Bobrinskoy noted. He also highlighted its association with criminal activities and its detachment from traditional Know…

The Dogecoin team has issued a critical reminder to the community to upgrade their nodes to the most recent version, 1.14.9, highlighting the importance of staying updated for the network’s health and security. In a tweet, the official Dogecoin X account stated: “The best time to upgrade your node to 1.14.9 was almost 2 weeks ago, when it was released. The second best time is now.” The best time to upgrade your node to 1.14.9 was almost 2 weeks ago, when it was released. The second best time is now. — Dogecoin (@dogecoin) December 12, 2024 The most recent release,…

At a meeting with staffers for SEC Commissioners Hester Peirce and Mark Uyeda, the Digital Chamber of Commerce’s Token Alliance introduced an ambitious policy agenda aimed at overhauling the SEC’s regulatory approach to digital assets. 🚨NEW: At a meeting with staffers for @SECGov commissioners @HesterPeirce and Mark Uyeda this week, the @DigitalChamber’s Token Alliance included denouncing the 2018 #Hinman speech as a Day 1 priority for the Corporation Finance division, citing its lack of relevance to the Howey… pic.twitter.com/5RACe4vBNL — Eleanor Terrett (@EleanorTerrett) December 18, 2024 The proposals, spanning the first 90 days of Donald Trump’s new administration, highlights immediate…

The blockchain industry is on the brink of a major transformation, and 2025 will be the year everything truly starts to shift. But before we get there, it’s important to understand what’s been holding this technological revolution back. The current, traditional internet works because its infrastructure is scalable and connects users effortlessly, no matter where these users are located. The decentralized ecosystem, on the other hand, still struggles with issues stemming from fragmented liquidity and a clunky user experience that prevent the technology from reaching its true potential. For this new paradigm to truly become the “internet of value,” it…

Bitcoin’s surge past $100,000 has prompted some options traders to hedge against potential losses. The demand for put options, which allow holders to sell at a specified price within a set timeframe, has risen. This signals a cautious sentiment despite the cryptocurrency’s recent rally. Demand for Hedging Bitcoin Options Has Increased over 24 Hours Data from Coinglass that put options with strike prices of $95,000 and $100,000 have recorded the highest open interest in the past 24 hours. Additionally, demand for lower strike prices, including $75,000 and $70,000, has also increased. These positions are largely concentrated around early 2025 expirations.…