Author: NBTC
One of the people behind the creation of most popular meme coin Dogecoin (DOGE), Billy Markus, also known as Shibetoshi Nakamoto, recently addressed the question of his current relationship with the cryptocurrency he gave birth to. Specifically, Markus-Nakamoto was asked if he still holds DOGE. The developer, who is known for his ironic and sometimes sarcastic approach to social media, replied with a straightforward “yep.” And indeed, if you go to Markus’s officially anonymized wallet, you will find “D6QS1m,” which currently contains 226,317.86 DOGE, which is equivalent to around $27,558. yep — Shibetoshi Nakamoto (@BillyM2k) October 16, 2024 So, yes,…
Meta made headlines this week with a $1 million donation to President-elect Donald Trump’s inaugural fund. The contribution, as The New York Times reported, represents a strategic move by the tech giant to build rapport with the incoming administration. This development follows a meeting last month at Mar-a-Lago between Meta CEO Mark Zuckerberg and Trump, during which cordial exchanges reportedly occurred. Zuckerberg congratulated Trump’s victory, signaling a shift in the previously contentious relationship between the two parties. In addition to meeting with Trump, Zuckerberg dined with Marco Rubio, Trump’s nominee for Secretary of State, during the same visit. While Meta…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. More businesses are embracing crypto payment platforms like NOWPayments, unlocking new markets and customer segments as global crypto adoption surpasses 420 million users. Table of Contents What is a crypto payment gateway? NOWPayments Cryptomus CoinGate CoinsBank CoinPayments BitPay How NOWPayments cryptocurrency payment gateway works Why NOWPayments is different to other cryptocurrency payment gateways An increasing number of companies worldwide are allowing their customers to make payments using cryptocurrencies, such as stablecoins.With an estimated 420 million cryptocurrency holders around the…
At Tether, our mission is to empower our users. As highlighted in our new documentary, USDT isn’t just a cryptocurrency; it’s a lifeline for individuals across the globe. These local stories illustrate the power of USDT in peoples’ everyday lives, but we also want to showcase the huge scale of USDT adoption. In this Tether Insights, the first in a series that will quantify the uses and impact of Tether, we present the numbers on total USDT users. A milestone in user adoption USDT has seen significant adoption, with 330 million on-chain wallets and accounts, a proxy for users, ever…
India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V. Anantha Nageswaran, the Chief Economic Advisor of the Ministry of Finance, said regulators “must not stand in the way of so-called innovations in crypto and Bitcoin.” He emphasized the need to balance innovation with societal needs, pointing out that financial illiteracy is a major challenge in India and even in developed countries. “We need to ensure that the criteria set for regulators do not obstruct innovation,” he added. Further, Nageswaran stressed the importance…
Transak, a prominent platform offering Web3-based payment infrastructure, has officially announced the release of “Transak Stream.” The launch of Transak Stream targets to revolutionize the crypto-to-fiat off-ramping, providing unparalleled simplicity in crypto-to-fiat conversions. Transak Offering Crypto-to-Fiat Off-Ramping Solutions in One-Click Conversion Transak mentioned that the latest product streamlines the conversion of crypto assets to fiat currencies just like wallet transfers. The platform added that the users just require sending crypto assets to the exclusive Transak Stream Address in their possession. Subsequently, within no time, the equal amount in fiat will be there in their card or bank account. Hence, in…
According to data, over the past month, some cryptocurrency networks have managed to attract investors’ assets on DeFi and experienced sudden increases in their total locked value (TVL). In the analysis carried out by examining the DefiLlama data, projects with a TVL value below $10 million were not added to the list for the sake of accuracy. At the top of the list is ZetaChain (ZETA). ZetaChain has seen a 124% increase in TVL value over the last year. Interestingly, the altcoin, which is listed on Coinbase but not Binance, has seen a more modest 10% increase in price over…
South Korea’s financial watchdog is investigating the Coinone crypto exchange over Movement’s token sharp price swings, raising concerns over potential unfair trading. A major investigation is underway into Korean crypto exchange Coinone after the price of the Movement (MOVE) token saw a sudden and extreme fluctuation, according to a report by Korean news outlet MTN. The Financial Supervisory Service, which is responsible for overseeing and regulating financial institutions, is reportedly looking into whether there were any unfair trades on Coinone when the price of MOVE jumped 46,000 times higher before quickly falling back down, the report reads. You might also…
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is temporarily adjusting the availability of its services in the European Economic Area (EEA) to ensure compliance with evolving regulations, based on information shared with Finbold on Friday, December 13. In an effort to maintain transparency and regulatory compliance, Bybit has announced that it is actively pursuing a Markets in Crypto-Assets Regulation (MiCAR) license in Austria. With this license, Bybit will be eligible to offer secure and compliant services in the EEA that align with strict European standards. Compliance-based approach and the difficulty of the decision Ben Zhou, the co-founder and…
Bitcoin (BTC) has seen a notable drop in buying pressure over the last few days as the cryptocurrency’s price continues to swing between $98,000 and $10,000. This drop in bullish momentum suggests that BTC might not be ready for its next leg up. Instead, it indicates that the price might continue to trade sideways unless something changes. Bitcoin Accumulation Lowers One indicator showing a decline in Bitcoin buying pressure is the Stablecoin Supply Ratio (SSR). The SSR measures the ratio of a cryptocurrency’s market capitalization to the aggregated market capitalization of all stablecoins in circulation. Low SSR indicates higher buying…