Author: NBTC
Coinbase, the largest U.S.-based cryptocurrency exchange, is embroiled in controversies, from listing fees and community backlash regarding meme coin descriptions to charges from the Securities and Exchange Commission (SEC). The platform is now under intense scrutiny from industry leaders, investors, and regulators, raising questions about its practices and regulatory compliance. A significant point of controversy involves claims made by TRON founder Justin Sun, who alleges that Coinbase demanded exorbitant fees to list TRON (TRX). According to Sun, Coinbase requested 500 million TRX tokens, roughly equivalent to $80 million at the time, for the listing. Sun’s allegations contradict Coinbase CEO Brian…
Bitcoin’s recent bullish momentum has sparked optimism among traders and investors, as the cryptocurrency edges closer to its all-time high. Following a significant recovery, Bitcoin is once again climbing, with the pivotal $73,811 mark in sight. This renewed upward movement signals a potential breakout, raising the question: could Bitcoin be on the verge of a historic rally? With key indicators turning positive and confidence building in the market, BTC’s journey toward its record high could pave the way for a new chapter in its remarkable ascent. Specifically, this article aims to explore Bitcoin’s recent upbeat momentum and its implications for…
Widely followed crypto analyst Benjamin Cowen says that Ethereum (ETH) is potentially on the cusp of bottoming out against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 821,000 YouTube subscribers that the low for Ethereum in its Bitcoin pair (ETH/BTC) is either already in or very close to it. Says Cowen, “The low for ETH/BTC is either in or very, very close to being in both in terms of valuation and in terms of time. I would say that after three years, we finally have at least a little bit of evidence to suggest the…
Intrigue has enveloped the Shiba Inu community as whales recently sent over 1.67 trillion SHIB tokens to America’s largest crypto exchange Coinbase. Market tracking platform Whale Alert first spotlighted the transactions, confirming that exactly 1,675,841,120,949 (1.675 trillion) SHIB tokens moved from three separate whale addresses to a central Coinbase wallet yesterday. Details of the Shiba Inu Movements For context, the Shiba Inu market saw the transfer of 558,613,706,983 (558 billion) SHIB tokens from 0x0…9f8, an unknown whale address, to Coinbase 10 yesterday at 16:46 UTC. At the time, the tokens were worth $10.418 million. However, at the exact time of…
Following Donald Trump’s recent victory over Kamala Harris, speculation is growing over who could replace SEC Chairman Gary Gensler, who has faced widespread criticism for his regulatory approach to crypto. Former SEC member and current Robinhood legal chief Dan Gallagher is emerging as a preferred candidate to lead the agency in a more crypto-friendly direction. Gensler, who has been vocal about imposing strict regulations on the cryptocurrency sector, has hinted that he will resign with the incoming Republican administration, although his term officially ends in 2026. Trump has previously vowed to fire Gensler “on the first day” of his presidency…
Leading crypto exchange, Binance is set to list two new Solana-based meme coins, Act I : The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) at 10:00 (UTC) today. Trading will open for the spot trading pairs ACT/USDT and PNUT/USDT. As per the official announcement, Binance informed users that deposits for both tokens are now available, which allows users to prepare for trading. But, withdrawals will be starting 10:00 (UTC) on November 12. #Binance will list Act I : The AI Prophecy $ACT and Peanut the Squirrel $PNUT with Seed Tag Applied. Read more 👉 https://t.co/CmJRyTaS8I pic.twitter.com/1XHISDTOY9 — Binance (@binance)…
Bitcoin’s recent rally continues to gain momentum, with the world’s largest cryptocurrency approaching an all-time high today, surpassing $72,000. Analysts point to three main factors that triggered this volatility and believe that there will be more volatility in the future. Election Sentiment and the Trump Factor Carlos Guzman, an analyst at crypto market-making firm GSR, said investor sentiment around the upcoming US elections is a key factor. According to Guzman, Donald Trump’s potential win is pushing Bitcoin prices higher in the short term due to his pro-crypto stance. Trump signaled his support for cryptocurrencies in May, saying at his Mar-a-Lago…
Even with the recent strong rally, Shiba Inu still has a long way to go before hitting its all-time high (ATH). To reach its ATH level, which it last reached at the height of the last bull market, SHIB would need to see a further 250% price increase. Given the renewed interest in altcoins and favorable market conditions, this ambitious goal might not be unachievable, but it will take a lot of momentum. Examining the price chart of SHIB, it is evident that recent bullish activity has raised the token above a number of significant moving averages, a positive technical…
Ripple CEO Brad Garlinghouse takes to top UK media outlet BBC to express optimism about XRP’s future and the potential impact of Donald Trump’s presidency on the U.S. crypto market. In a startling development, the Ripple CEO joined BBC, a top UK media outlet, to discuss XRP for the first time on the platform. Before the interview commenced, the BBC interviewer provided insights into XRP-related developments, ranging from its prospect for a spot ETF and involvement in the SEC v. Ripple lawsuit. Garlinghouse Anticipates Gensler Removal as SEC Chair Discussing his expectations for the crypto market under Trump’s presidency, Garlinghouse…
The new Donald Trump administration could bring regulatory clarity to the crypto industry, but complex factors may hinder rapid progress. Regulatory Clarity Requires Patience While the new Donald Trump administration might offer some regulatory clarity for the crypto industry, according to Lingling Jiang, a partner at DWF Labs, substantial regulatory movement will take time due to “existing complex and interdependent dynamics and interests at play.” While Trump’s past promises to the crypto industry won him its support, Jiang emphasizes the need for a holistic understanding of the economic benefits of clear crypto regulations. This would allow the U.S. to embrace…