Author: NBTC

Changpeng Zhao (CZ), the founder of Binance, the world’s largest cryptocurrency exchange, made statements about altcoin listings and their impact on prices. At this point, CZ argued that the prices of tokens should come from their own development, not from listings. Replying to a user on X, CZ argued that listings on exchanges should not inherently affect token prices. CZ acknowledged that listings increase liquidity, but noted that the impact is short-term and provides short-term gains. In response, CZ said that the development and progress of the project should determine the price, and that the development of the project is…

Bitget Exchange CEO Gracy Chen has highlighted key developments in the Czech Republic’s approach to Bitcoin. Chen noted that if the Czech National Bank proceeds with its proposal to allocate 5% of its €140 billion foreign reserves into Bitcoin, the country could become the world’s third-largest Bitcoin (BTC) holder, surpassing nations such as the United Kingdom, Germany, and Ukraine. She also emphasized the new capital gains tax exemption for BTC, which has been in place for over three years, incentivizing long-term adoption. This is solid great news! 🎉🚀 The Czech National Bank Governor first proposed adding Bitcoin to the country’s…

An investment firm with ties to U.S. President Donald Trump’s sons, Eric and Donald Trump Jr., is putting some of its excess cash into a spot bitcoin exchange-traded fund (ETF) — an unusual twist on the increasingly popular strategy of holding bitcoin as a corporate reserve. Dominari Holdings (DOMH), located in the Trump Tower in New York City, made headlines last month after the Trump brothers joined its 58-year-old board of advisors and became investors. In an earnings report on Friday, it announced that it would adopt a bitcoin reserve strategy and invest a portion of its cash reserves into…

The Securities and Exchange Commission on Thursday acknowledged an application for a spot Solana ETF, signaling that the agency’s framework for crypto products may soon shift. Under former SEC Chair Gary Gensler, the regulator had a high bar, only greenlighting applications for Bitcoin and Ethereum products. In recent months, asset managers have expressed a desire to offer similar ETFs covering coins including XRP, Litecoin, Dogecoin, and Solana. Among digital assets that institutions are jockeying to offer products for, Solana is unique. The SEC had alleged in 2023 lawsuits against Binance and Coinbase, two of the industry’s leading exchanges, that Solana…

Brianna “Bri” Stern, the model and crypto influencer behind SISTER, a Solana meme coin launched in June last year, has reportedly filed a civil lawsuit in Los Angeles against controversial internet personality Andrew Tate. Stern claimed that Tate assaulted her at the Beverly Hills Hotel on March 11. On Thursday evening, Stern took to social media to share details of her allegations. Beverly Hills police did not immediately return Decrypt’s request for confirmation and comments. Decrypt reached out to Stern on X and Tate’s U.S. representatives at McBride Law. “We met because he needed models for his crypto coin, and…

BlackRock, the world’s largest investment firm, is showing strong interest in Ethereum (ETH). According to Robert Mitchnick, the head of digital assets at BlackRock, the company is more excited about Ethereum than Bitcoin, especially among its tech team. Mitchnick revealed that for every four people excited about Ethereum, only one is focused on Bitcoin. This shows that BlackRock sees big potential in Ethereum’s ability to run smart contracts and support decentralized apps. Even though BlackRock already manages the biggest Bitcoin ETF, iShares Bitcoin Trust (IBIT), its growing focus on Ethereum suggests they’re planning something big with ETH. Also, the number…

WEMIX Team recently announced their plan to establish a Peg Stability Module (PSM) that provides users with stable 1:1 WEMIX$/USDC exchange capabilities. The developed action plan works to stabilize WEMIX$ values while offering users a stable exchange experience. The implementation timeline starts in the first half of 2025 indicates the WEMIX Team’s attempt to generate system stability and control price volatility affecting users. WEMIX$ Action Plan : 1:1 Exchange to USDC Coming Soon 🔄The #WEMIX Team is initiating a Peg Stability Module (PSM) to enable 1:1 exchanges of WEMIX$ to USDC.This means less volatility and a more stable exchange process…

Michael Saylor, a co-founder of Strategy and its executive chairman, has taken to social media to share a BTC-themed message with his multi-million followers’ army on the X platform. That tweet published by Saylor coincided with the world’s bellwether cryptocurrency Bitcoin briefly soaring above the $100,000 price level. Saylor issues new Bitcoin tweet Michael Saylor’s tweet stated: “We all need a Strategy for Success.” He marked the “Strategy” with an @ sign and added an image of his company. Earlier this week, Saylor rebranded MicroStrategy to Strategy, emphasizing the company’s commitment to continue focusing on Bitcoin as its main asset…

BlackRock, already a $10 trillion force in traditional finance, continues to expand its presence in the digital asset space. This time, it is the BUIDL fund – a tokenized investment vehicle – that has surpassed $1.5 billion in AUM, as reported by Arkham Intelligence. For those not familiar, BUIDL operates in a simple way, as it is backed entirely by cash, U.S. Treasury bills and repurchase agreements, and distributes daily returns directly to holders in the form of new BUIDL tokens. There are two variations: BUIDL, which accrues yield, and BUIDL-I, which does not – at least not yet. Tokenized…

Receipts Depositary Corp. (RDC), a start-up founded by a group of former Citigroup executives, is planning to launch XRP-backed securities, according to people familiar with the matter. This will give institutions access to XRP (XRP) securities through U.S. regulated market infrastructure. The company will offer depositary receipts similar to the American depositary receipts (ADRs) that represent foreign stocks on U.S. equity exchanges. The product will be offered to qualified institutional buyers only via transactions exempt from registration under the Securities Act of 1933. As such, it does not need approval from the Securities and Exchange Commission (SEC). Fox Business reported…