Author: NBTC

Former President Donald Trump has sparked fresh debate with his proposal to eliminate capital gains taxes on American-made cryptocurrencies. Trump argues that removing taxes on U.S.-based digital assets like Bitcoin and XRP could boost their everyday use by easing tax burdens on simple transactions. This proposal has stirred up a back-and-forth on the role of digital assets in the U.S. economy, with some seeing it as a way to encourage the use of cryptocurrencies without the tax complications that often deter smaller, daily purchases. The Case Against Capital Gains Taxes on Crypto Trump believes the current tax structure around cryptocurrency…

CUDOS integration could significantly reduce AI operational costs. CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance CUDOS’s integration into the ASI Alliance could decentralize AI infrastructure and enhance efficiency. The merger is contingent on community approval, with detailed terms and conversion ratios set. The Artificial Superintelligence (ASI) Alliance, a collaborative initiative established by Fetch.ai, SingularityNET, and Ocean Protocol, may soon welcome CUDOS, a decentralized cloud computing platform, as its new member, as shared by the Alliance today. Subject to community approval, the potential addition aims to boost the Alliance’s computing capabilities, the Alliance stated. Humayun…

Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of President Donald Trump’s first 100-day agenda for crypto. Trump’s victory in the 2024 U.S. election has offered not just a pro-crypto president, but also the most pro-crypto lawmakers in the House and Senate. With crypto in celebratory mood as Bitcoin (BTC) leads prices higher, the overall sentiment is that this is only the beginning of what’s bullish for the industry. However, among the top priorities for the sector is the push for regulatory clarity. In his congratulatory message to Trump, Ripple CEO Brad Garlinghouse outlined what…

The VanarChain ecosystem has announced the integration of Ordify, a high-performance launchpad platform renowned for its 100% success rate in project launches. This collaboration aims to bolster VanarChain’s offerings by providing projects within its ecosystem with enhanced tools for fundraising, token distribution, and cross-chain interoperability. Adding Ordify reflects VanarChain’s commitment to growing its ecosystem, which includes over 100 innovative projects across various sectors. 📢 NEW ADOPTION ALERT 📢We’re welcoming @OrdifyWorld to the @VanarChain ecosystem! Ordify, a high-performance launchpad with a 100% success rate, elevates fundraising with tools like the ORFY Bridge and ORFY Wallet, streamlining token distribution and asset management…

Bitcoin ($BTC) is currently exhibiting a triangle bearish continuation pattern, with a target set at $71,200. As the cryptocurrency attempts to break out to the upside, some analysts, like technical expert Gert van Lagen, are questioning whether this movement is a potential fake-out. $BTC [15m] is showing a triangle bearish continuation pattern targeting $71.2k, which tries to break out to the upside at the moment ~ fake-out?A lot of late longs will be liquidated at $71.6k as per the Binance liquidation heatmap.Invalidation: break above B at $73k pic.twitter.com/g37t325J9M — Gert van Lagen (@GertvanLagen) October 30, 2024 Late Long Positions at…

The TRON Super Representative Council has put forward a new proposal(Proposal 94) to raise the network’s energy cap to 150 billion. This marks a 20% adjustment following the previous increase to 120 billion. The new proposal is made to improve the TRX staking rewards by generating more energy which will help reduce network fees on the TRON network. If approved, the change is expected to take effect by Friday(13th September 2024) at the latest. The Tron Super Representative Council has proposed raising the energy cap to 150 billion. This is another adjustment following the previous increase to 120 billion, aimed…

Stuart Alderoty, Ripple’s Chief Legal Officer, congratulated Donald Trump on winning the 2024 presidential elections in his X post. The tweet which was directed towards Trump, Alderoty acknowledged the vigorous nature of the presidential race and highlighted Trump’s willingness to work and engage with the crypto community. Thank you to both campaigns for a hard-fought race and for invigorating the democratic process. Congratulations to @realDonaldTrump! You took the time to listen to Ripple’s story when we met in SF this summer, and you prioritized crypto as a key policy issue. Now, let’s move… https://t.co/AzT5pcIZrt — Stuart Alderoty (@s_alderoty) November 6,…

What is Bitcoin mining? Bitcoin mining serves two main functions: securing transactions and introducing new Bitcoins into circulation. Miners use specialized hardware to solve complex cryptographic puzzles set by the network’s difficulty algorithm. When a miner successfully solves this puzzle, they earn the right to add a new block of verified transactions to the blockchain, and they receive a reward in newly generated Bitcoins. The reward system incentivizes miners to contribute to the network’s integrity and security, as they compete to be the first to solve each cryptographic problem. This competition continues until Bitcoin’s supply cap of 21 million coins…

In a recent social media post, Robert Kiyosaki, the author of “Rich Dad, Poor Dad,” has stated that he loves Bitcoin because it helps him to “grow richer.” This comes after the leading cryptocurrency surpassed the $73,000 level and approached a new record high. The entrepreneur, who boasts more than 2.6 million followers on the X social media platform, recently predicted that the price of Bitcoin would “blast off” in October. Earlier, Kiyosaki predicted that the flagship cryptocurrency would be able to reach $300,000 in 2024. The leading cryptocurrency is currently changing hands at $72,271 after dipping by 0.2% over…

PEPE is making headlines today as many altcoins fight to maintain their recorded uptrend over the past 24 hours. PEPE again slipped as it bucked the negative trend in early market trading. The meme coin is changing hands for $0.00000718, down by 3.68% in 24 hours after soaring by over 5% earlier. The PEPE whales capitalized on this downtrend to go all out on the token. Per data from IntoTheBlock (ITB), the large PEPE transaction count has jumped by more than 131% in 24 hours. Following this jump, $76.3 million worth of PEPE whale transactions has been shuffled in this…