Author: NBTC
The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it’s nearly overcoming Binance’s BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana’s current market capitalization stands at $84.4 billion after the cryptocurrency surged more than 6% over the past week, to now trade at $179.5 per token. Meanwhile Binance’s BNB has an $88.5 billion market capitalization at the time of writing, with each BNB token currently trading at $606. When it comes to…
The Dominican Republic has suspended Worldcoin’s operations, citing concerns over “abusive clauses” in the company’s contracts and rising questions about the legality and transparency of its biometric data collection practices. This move reflects growing scrutiny of data privacy issues and consumer protection in the digital space, especially as Worldcoin’s practices are under investigation for failing to meet local legal standards. The National Institute for the Protection of Consumer Rights (Pro Consumidor) announced that the suspension would remain in effect until a full investigation is completed. The inquiry will examine Worldcoin’s business practices, including the legitimacy of its contracts and its…
Uquid, a leading crypto-shopping platform, announces to lead the charge of transformation in online shopping through stablecoin payments. It makes stablecoin-powered shopping more accessible than ever. People’s way of shopping is changing with the introduction of stablecoins in the world of Web3 e-commerce. These digital currencies offer unmatched stability, security, and cost-effectiveness. 💡Did You Know: 88% of shoppers trust stablecoins over fiat. 78% use them for better banking access. 68% love the cost savings! Discover why stablecoins are the future of Web3 shopping in Uquid’s 2024 survey insights. Read more below 👇https://t.co/jekMLxiQtx — UQUID – Web3 Shopping Infrastructure (@uquidcard) November…
The price of major cryptocurrency Bitcoin (BTC) hit a new six-month high this morning, currently trading at $69,519.52, according to a chart on Binance. After a prolonged decline since March, when BTC hit its current high, a dynamic resistance line was broken just five days ago, sending the major cryptocurrency’s price down more than 5.4% over the next five days. Bitcoin has never been closer to a new high in these many months than at this moment. Impressive? Yes, but not to Peter Schiff. The renowned financial expert, banker and cryptocurrency critic eloquently described the event as “meaningless.” It is…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. The crypto-friendly asset manager VanEck has partnered with Kiln to begin staking SOL, the pair told Lightspeed exclusively. Kiln is an enterprise staking service that boasts integrations with outfits like Coinbase and Babylon. With the move, VanEck will now offer regulated access to solana staking rewards on top of the price of SOL. VanEck is one of a few firms offering regulated solana funds in Europe. 2024 has been a bullish year for crypto, and the fresh market cycle was largely driven, at least initially, by the…
President-elect Donald Trump’s transition team is reportedly exploring the possibility of establishing a dedicated position within the White House to address crypto policy. According to sources familiar with the ongoing discussions, the team is assessing potential candidates for the role. Donald Trump’s Latest Pro-Crypto Move If implemented, this position would mark a significant development, as it would represent the first White House role focused exclusively on crypto. The move could signal the digital asset sector’s growing influence and importance within the incoming administration. Details about the role remain unclear, including whether it would be classified as a senior-level position within…
BabyDoge has officially debuted on Nexo Futures, a platform widely recognized for its advanced trading tools and secure environment. The integration enables users to trade BabyDoge on the Nexo platform with more leverage trading capabilities up to 15 times. BabyDoge has revealed this groundbreaking news with the crypto community through its official social media platform, X. 🚨 Exciting News! BabyDoge is now live on Nexo Futures! 🚨We’re thrilled to announce that BabyDoge is now available for futures trading on Nexo (@Nexo) with up to 15x leverage!What is Nexo?Nexo is a trusted platform for managing, trading, and utilizing cryptocurrencies,… pic.twitter.com/E0pc6oQuAe —…
With Bitcoin sitting near $70K, is $100K the next stop? How will the U.S. election, ETF approvals, and market sentiment impact its future path? Table of Contents Bitcoin is bitcoining Spot Bitcoin ETFs gain traction as positive changes roll in Is a breakout imminent? Where could Bitcoin head next? Bitcoin is bitcoining Bitcoin (BTC) has been on an impressive bull run, gaining over 2% in the past week as the “Uptober” effect sweeps through the crypto market. As of Oct. 21, BTC is trading at $67,100—a level it hasn’t seen since late July, marking a 3-month high. In fact, BTC…
Justin Sun, the founder of Tron (TRX), one of the world’s largest cryptocurrencies and also one of the most recognized and wealthy names in the cryptocurrency world, announced in his statement that he will make a big announcement. The announcement came at a time when the Bitcoin price exceeded $72,000. The BTC price also broke the all-time high price record in Turkish lira terms. Sun said in his post that “big news” about Tron will be announced. In addition, he also stated that the “announcement of announcements” period has finally arrived, referring to the general rise in the market. The…
In a significant legal development, the Coin Center lawsuit against the U.S. Treasury’s sanctions on Tornado Cash continues to highlight the tension between privacy and regulation in the crypto sphere. The ongoing appeal underscores the broader implications for U.S. cryptocurrency users, emphasizing the need for clarity in regulations surrounding privacy-enhancing technologies. As legal counsel for Coin Center, Jeffrey S. Hetzel, stated, “The software is non-proprietary lines of code that no one on the planet can own, control, or alter.” The Coin Center lawsuit sheds light on the regulatory challenges facing privacy in crypto, as the appeal over Tornado Cash sanctions…