Author: NBTC
Fold Holdings is set to become the first Bitcoin financial services company to trade on the Nasdaq stock exchange following the completion of its business combination with FTAC Emerald Acquisition Corp., approved by FTAC shareholders on Feb. 13. The merged entity will operate as Fold Holdings, with its common stock and warrants expected to begin trading under the symbols “FLD” and “FLDDW” on Feb. 19, pending final listing approval. “Six years ago, we embarked on a mission to expand access to bitcoin investment opportunities through premium financial products,” said Will Reeves, co-founder and CEO of Fold. “Since then, we have…
A cryptocurrency trader’s perfect timing investment in Hive AI (BUZZ) has seen their initial bet record a 75-fold growth as the token gained popularity, mainly powered by community initiatives. The trade, executed on the decentralized exchange (DEX) on Solana (SOL) Raydium, involved the BUZZ/SOL trading pair and utilized the high-risk strategy of sniping, according to data shared by on-chain cryptocurrency analysis platform Lookonchain in an X post on January 3. Specifics of the trade indicated that the trader acquired 268.12 million BUZZ tokens, representing 26.8% of the token’s liquidity pool, shortly after its launch. To secure priority on the Solana…
Cryptocurrency exchange Binance has responded to concerns regarding the community voting process for its Pi Network (PI) coin listing, stating that votes from users in certain regions will be excluded and the final results are for reference only. There were concerns that votes from mainland China could influence the outcome of the listing vote. Binance Customer Support official X account explained on social media that in accordance with relevant requirements, votes from users residing in certain countries or regions, including but not limited to mainland China, will not be counted in the final voting results. “At the end of the…
The National Institute of Standards and Technology (NIST) said it will deprecate ECDSA after 2030. Government to Deprecate Bitcoin Signature Cryptography The cryptography underpinning Bitcoin’s digital signatures – Elliptic Curve Digital Signature Algorithm (ECDSA) – will be deprecated by the government after 2030, and some bitcoiners are urging the community to saddle up and find ways to make the cryptocurrency quantum-proof, but others aren’t as worried. The debate isn’t new and sprouted up after the advent of quantum computers – advanced machines that use quantum mechanics to process data exponentially faster than traditional computers. That magnitude of processing power could…
Ethereum’s recent price performance indicates a departure from the negative trends that are seen in the broader cryptocurrency market. While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value back above $2,700. Amid this price move, questions have been raised about whether the asset might be quietly building momentum for a sudden rally. Quiet Moves Behind The Scenes Santiment, a well-regarded market intelligence platform has recently highlighted this price performance from ETH on X, noting that Ethereum has outpaced many altcoins at the start of the week. This performance as…
Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on real-world solutions, Mastercard’s head of crypto and blockchain, Raj Dhamodharan, told CoinDesk. “Many of us in the industry are moving beyond experimentation; it’s actually real solutions,” he said, noting that Mastercard has already enabled stablecoin payments for financial institutions. Those institutions can choose to settle transactions using stablecoins, reflecting a broader trend in crypto adoption. Last week, the payments giant announced a partnership with crypto compliance firm Notabene, which will integrate Mastercard’s Crypto Credential into its SafeTransact platform to make digital asset…
The cryptocurrency market has seen a significant recovery over the past week, and at the time of writing, Bitcoin is trading at $98,315, up 3.55% in the last seven days. In addition, the total cryptocurrency market value has increased by around 7% in the last week. There are a lot of token unlocks in many altcoins in the new week. Here is the token unlock calendar we have prepared for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Sui (SUI) Market Value: $15.89 billion Token Amount to be Unlocked: $2.00 million (0.01% of market value) Date: January…
One of the biggest Biden-era crypto enforcement actions may be on its way to resolution. The SEC last week said its new crypto task force “may affect and could facilitate the potential resolution” of the agency’s lawsuit against crypto exchange Coinbase. The lawsuit, first filed in 2023, was escalated to the Second Circuit last month with Coinbase’s successful motion for an interlocutory appeal. Basically, the SDNY (the federal court that handled SBF’s trial and many other ongoing crypto matters) decided that a higher court needs to step in to resolve a key question: Do intermediated crypto transactions involve investment contracts…
Michael Saylor’s poll of 93,456 votes reveals surging confidence in bitcoin, with most participants predicting significant long-term returns. Poll Reveals Surging Confidence in Bitcoin’s Future – Saylor’s Followers Expect Massive Growth Michael Saylor, the executive chairman of Microstrategy, conducted a poll on social media platform X which ended Monday, asking his followers to predict bitcoin’s annual return over the next 21 years. The poll, which garnered 93,456 votes, presented four options for projected returns: 14%, 22%, 30%, and 38%. The majority of participants, 39.3%, selected the highest option of 38% as their prediction for BTC’s future performance. The second most…
Ethereum price is showing positive signs above the $2,620 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is still showing positive signs above the $2,600 zone. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,725. Ethereum Price Remains Supported Ethereum price attempted a fresh increase above the $2,750 level, beating Bitcoin. ETH broke the…