Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. When Ripple CEO Brad Garlinghouse shared on the Digital Asset Summit stage that the SEC plans to drop its appeal against Ripple, attendees in North Javits’ main auditorium gave a standing ovation. The SEC’s appeal was one of the remaining major legal cases against a crypto player after the revamped securities regulator dismissed its suit against Coinbase and ended probes into other segment firms. It was “a painful journey,” Garlinghouse noted, spurred by an agency “trying to bully” companies in the segment. “As we said then…I…
Binance is planning on launching trading support for the new native asset of a decentralized network focused on secure data storage. Binance Launchpool, which lets users stake coins to farm new assets, says its 65th project will be Nillion (NIL), a secure computation network that decentralizes trust for high-value and private data. Explains the project, “Nillion is Humanity’s First Blind Computer – a whole new category of decentralized network designed for AI and the future of the Internet. Nillion makes new applications possible by providing storage and computation on high-value, encrypted data without ever seeing it. Whether a user, an…
Not very much is happening these days on the cryptocurrency market as fear, greed, uncertainty and doubt took over and it seems that no concrete direction in which the prices on digital assets tend to lean is here yet. However, the lack of action in the quotes does not mean the absence of activity at all. Thus, things are still happening behind the scenes of the market, in particular in the on-chain realm. This is at least true for popular meme-inspired cryptocurrency Shiba Inu (SHIB), which as matter of fact is still the second biggest meme coin on the market.…
Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets in connection with market manipulation charges. Andriunin’s involvement with Gotbit’s operations caused financial “harm to dispersed market participants” who bought crypto “at fraudulently inflated prices,” court documents cited by Law360 show. The 26-year-old founder of market-making firm Gotbit was extradited to the U.S. in late February after being arrested in Portugal four months earlier. The letter details a plea agreement communicated to both the court and defense counsel outlining provisions allowing either party to withdraw if the court rejects any element.…
Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations. Coinbase Criticizes Stablecoin Regulation in Brazil, Offers Alternatives Coinbase, one of the powerhouses of the cryptocurrency industry, has criticized an upcoming regulation that would hinder the use of stablecoins in Brazil. Tom Duff Gordon, Coinbase VP, praised the central bank’s openness in asking for consultation before executing such measures but criticized the reach of such a proposal, that would affect the…
As Bitcoin returns to $95K amid a bearish hiccup, will BTC bulls regain control to reinstate an uptrend? After a quick pullback of 2.74% in Bitcoin prices over the past 24 hours, BTC has returned to trading at $95,500. Currently taking support at the psychological level of $95,000, this sudden pullback has resulted in market liquidations exceeding $200 million. With Bitcoin back at the $95,000 crossroads, concerns of a major crash are resurfacing on the charts. Will the BTC price fail to hold its bullish momentum, or is this the ideal time to buy the dip? Bitcoin Price Analysis Reveals…
In an X post, Franklin Templeton announced that its Franklin OnChain US Government Money Fund (FOBXX) is now live on the Solana network. The asset manager highlighted Solana’s speed, security, and censorship-resistance, promoting global adoption through its open infrastructure. Fund Available On Multiple Networks This move reflects the growing interest of major financial companies in cryptocurrency-based products, strengthening Solana’s position as a key digital asset. FOBXX, which aims to maintain a stable $1 share price like a stablecoin, the fund is already available on the Ethereum, Base, Polygon, Avalanche, Aptos, and Arbitrum networks. Its first blockchain integration was with Stellar,…
Cardano founder Charles Hoskinson celebrates the end of the SEC’s pursuit of enforcement against Ripple. Under President Donald Trump’s administration, things have taken a sharp turn for the crypto industry in the United States, with regulatory wins coming hard and fast. In the latest instance, the years-long legal warfare between the Securities and Exchange Commission and Ripple appears to be at an end, at least from the perspective of the regulator pursuing enforcement. The development has sparked celebratory cheers and pats on the back among supporters, including Cardano founder Charles Hoskinson. “A Great Victory for Crypto” On Wednesday, March 19,…
Bitcoin (BTC) traders are closely monitoring market movements, as well-known cryptocurrency analyst “DonAlt” shared insights into the current price range and potential breakout scenarios. At present, Bitcoin is trading between $95,000 and $99,000, maintaining a defined range. Until a decisive move occurs, most traders are expected to continue operating within this boundary. It is a range – nothing more, nothing less. Until it breaks, it is business as usual for most. If BTC slips under $95,000, things could get interesting. A drop to $90,000 is not off the table, and that is where some market participants might start looking for…
A small city in Romania called Sibiu could “soon” adopt cryptocurrency, according to a casual interaction on X this morning. In particular, the Romanian city could be eyeing to “fully adopt” MultiversX (EGLD), a blockchain developed by a Romania-based team. The interaction started with xEli (@ElrondEli1) saying “the vice president of Sibiu county” liked an EGLD-related post, tagging Vlad Vasiu. “When will EGLD be fully adopted in Sibiu/Romania?,” xEli asked. Surprisingly, Vlad Vasiu, the Vice President of the Sibiu County Council (vicepreședintele Consiliului Județean Sibiu, in Romanian), according to Sibiu Independent, responded that it would be “Soon.” Nevertheless, the cryptocurrency’s…