Author: NBTC
South Korea’s Democratic Party of Korea (DPK) is moving to abolish the capital gains tax on financial investments, with a decision expected during the National Assembly’s final regular session on December 10. The proposal is part of a larger effort to strengthen the country’s financial markets and stimulate economic growth. Governor Lee Bok-hyun of the Financial Supervisory Service (FSS) voiced strong support for this plan, highlighting its potential to attract global investors and bolster South Korea’s competitive edge in global finance. Major Reforms on the Agenda for National Assembly December 10 marks the last regular session of the National Assembly…
Wintermute, one of the prominent market makers with forays into meme tokens, has taken up the bot-inspired sensation, GOAT. The market maker received tokens from some of the top holders, and became the third-largest whale. GOAT will feel the effect of Wintermute, after the market maker received tokens from some of the biggest wallets. The token, which was magnified by the bot-generated lore of @truth_terminal, is gaining popularity by the hour. The Wintermute wallet was still inactive as of October 18, but may connect to exchanges at any moment. GOAT already formed a trading cluster around MEXC, possibly sparking more…
Vanar Chain, a top blockchain platform fueling blockchain innovation, has announced a strategic collaboration with Movement Labs. The partnership between Vanar Chain and Movement Labs aims to revolutionize the provision of resources and support for cutting-edge blockchain projects. Vanar Chain Empowering Blockchain Projects Through Unified Support Vanar Chain pointed out that its collaboration with Movement Labs addresses the seemingly disconnected blockchain projects because of limited support. In this respect, the platform contributes to a seamless process for getting resources and support for such blockchain projects. In his statement on this development, Vanar Chain’s CEO Jawad Ashraf highlighted the platform’s vision.…
Ripple CTO David Schwartz has a way of breaking down complex issues into simple explanations. Recently, in a lively discussion on X, he explained what makes Bitcoin (BTC) truly exceptional. At the heart of his view are two ideas that are closely connected: the historical significance of Bitcoin and its economic value. In the sea of debate over blockchain’s technical differences, Schwartz’s stance stands out. He says it is not Bitcoin’s technical superiority that makes it special. After all, the features of any blockchain – like scalability, low fees and energy efficiency – can be easily transferred. What makes Bitcoin…
As the digital asset markets strive to reach new heights, a crypto enthusiast on the X platform spotted an upcoming altcoin, capturing global attention for its remarkable growth. Usual (USUAL), a community-focused governance token powered by decentralized fiat stablecoin issuer Usual Labs, is currently witnessing an impressive ride. Over the past day, USUAL price steadily ascended from a low of $0.6672 to a current high of $0.85 at the time of writing. The token recorded an increase of 27.85% in the last 24 hours. The crypto’s trading volume rose by 39.98% to $101.32 million while its market cap hit $282.66…
$BTC, $ETH, and the overall cryptocurrency market saw $1.59B in liquidations in the last 24 hours, with Ethereum leading the pack at $231.82M. The high-pressure trading resulted in over 533,234 traders being wiped out, making it one of the most turbulent trading days. The liquidated Ethereum ($ETH) positions equated to roughly 61.64K ETH, highlighting its weaknesses in the massive market crash. LIQUIDATION DATA IN 24 HOURS TOTAL LIQUIDATIONS: UP TO $1.59BTOP 5 COINS WITH HIGHEST LIQUIDATION: $ETH ~ $231.82M… pic.twitter.com/G6eMqvgOI6 — PHOENIX – Crypto News & Analytics (@pnxgrp) December 10, 2024 $ETH, $BTC and $DOGE Suffer Significant Liquidations Ethereum ($ETH)…
Crypto provider 21Shares anticipates a transformative year for crypto in 2025, projecting Bitcoin’s continued rise, Ethereum’s revenue rebound, and the expansion of stablecoins. Crypto exchange-traded products are projected to reach $150 billion in assets under management by 2025, driven by increasing institutional interest, according to 21Shares’ latest research. The firm’s “2025 State of Crypto Market Outlook,” published on Dec. 9, identifies key factors driving this growth, including rising institutional demand, U.S. approvals of crypto ETPs, and favorable macroeconomic conditions. The outlook also predicts that more nation-states will adopt Bitcoin (BTC) as a reserve asset, with countries like Argentina likely to…
In this article, we see how to obtain ADA tokens for free on the Cardano testnet and how to use this particular crypto resource. To do this, it will be necessary to install a decentralized wallet and get in touch with the faucets of the Cardano Foundation. Generally, testnet tokens are used to try out a new blockchain environment without risking losing real money, precisely by testing some functionalities. These coins can also be used to participate in free airdrops. Everything in the details below. What are crypto testnets and what are they used for? Cardano and crypto: how are…
Here’s the new political calculus for a U.S. congressional candidate: You nod to crypto and say you’re on the pro-innovation side, and chances are, a million dollars (or more) could drop from the sky to pay for TV spots that highlight your strengths or pillory your opponent. In any of hundreds of lesser known districts of the House of Representatives, a few hundred thousand dollars tends to make or break a candidate. When the leading crypto-driven political action committee notices you, a massive influx of cash can pave your way straight to Congress. The Fairshake super PAC isn’t subtle. It’s…
As Japan signals its plans to become a leader in institutional blockchain adoption, Fireblocks opens a regional office in Tokyo to support the country’s expanding ecosystem. Crypto custody and blockchain infrastructure provider Fireblocks has opened a new office in Tokyo as part of its strategy to expand in the Asia-Pacific region, the firm said in a blog post. The move comes as Japan is seeing rapid growth in its crypto market, with projections indicating a 54% increase from 2024 to 2032, Fireblocks explained. Fireblocks’ head of APAC, Amy Zhang, says the Tokyo office will help Fireblocks to hire more staff…