Author: NBTC
A central bank digital currency (CBDC) is “not important” to nearly three in four New Zealanders, and 90% believe the government will use it to monitor the citizens, a public consultation by the country’s central bank has revealed. The Reserve Bank of New Zealand (RBNZ) started the consultation in April, calling on the public to submit feedback on whether a CBDC was necessary, whether the bank should pay interest, whether there should be a holding limit and more. RBNZ recently published the consultation results, which are overwhelmingly against a digital dollar. Around 75% of the 18,000 survey responses said that…
Larger wallet holders trigger memecoin breakouts to create FOMO, boosting retail investor activity and market caps. DOGE and PEPE saw gains of 241% and 243% since November 5, while WIF and BONK experienced retracements after initial surges. Santiment predicts profit-taking by large wallets could cause a market retracement despite ongoing memecoin momentum. Santiment, a market analysis platform, has identified a growing trend in the memecoin market involving larger wallet holders. According to the platform, these significant players are initiating price breakouts across various memecoins. This tactic appears to attract retail investors by creating a Fear of Missing Out (FOMO) atmosphere,…
Donald Trump’s crypto-friendly America is stealing Europe’s thunder, and it’s not even subtle. While the European Union spent years crafting its shiny new Markets in Crypto-Assets Regulation (MiCA), Trump came in swinging with promises to make the U.S. “the crypto capital of the planet.” The result? Crypto giants like Binance are dumping Europe and packing their bags for the States. Bitcoin’s insane rally to $108,000 this year—double what it was last year—is no coincidence. Trump’s win and his plans to overhaul U.S. crypto regulations have pumped confidence back into the market. Retail and institutional investors are betting on a White…
StarAI, a Mini App blending AI, gaming, and Web3, has officially announced its partnership with Bitgert, aiming to revolutionize the integration of AI, gaming, and Web3 technologies. This collaboration focuses on leveraging Bitgert’s blockchain capabilities and StarAI’s innovative platform to deliver an advanced gaming experience. We’re thrilled to partner with @TheStarAIBot! Combining Bitgert’s scalable blockchain with StarAI’s innovative “Play with AI to Earn” platform, we’re redefining the AI, gaming, and Web3 experience. About StarAI: StarAI is a Mini App blending AI, gaming, and Web3, featuring… https://t.co/HjXHyCqs0v — Bitgert – $BRISE (@bitgertbrise) December 26, 2024 Bitgert is recognized for its scalable…
Bitcoin balances on crypto exchanges have reached historic lows, as on-chain data points to a rapid depletion of available inventory. A recent note from 10X Research on Sunday highlighted the trend, underscored by a sharp drop in the amount of Bitcoin available to buy. It contrasts sharply with trends observed in late summer when a sudden inflow temporarily replenished exchange reserves, according to the report. This time, however, no such inventory boost has occurred, exacerbating the supply crunch. Bitcoin and the broader crypto market have been bolstered by favorable catalysts that point to continual growth in the coming year, analysts…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a false—and, I would argue, dangerous—belief that in DeFi, strong UX can’t be achieved without some degree of centralization. It’s understandable why some believe this; centralized platforms like Coinbase and Binance are known for their intuitive and accessible interfaces for everyday users. Yet, centralized systems often fall short in areas like transparency and security. You might also like: Composability is the only way DeFi will survive—and thrive | Opinion It’s tempting for DeFi projects, who have…
On Christmas Eve, Siqi Chen, the CEO of a tech company, shared a deeply personal and emotional update on his social media, revealing the difficult journey he and his family are currently facing. In a heartfelt post, Chen shared that his daughter, Mira, was diagnosed with a rare and challenging brain tumor called craniopharyngioma on September 23rd. Despite the lack of a definitive cure for this condition, Chen and his team of researchers have been working tirelessly to support Dr. Hankinson’s lab in identifying promising new drugs to treat Mira’s tumor. Chen’s Christmas Eve post was a plea for help,…
In a notable move that has grasped the crypto community’s attention, a whale has bought $PEPE meme coin in huge amounts. As per Lookonchain, a popular on-chain analytics provider, two wallets (likely belonging to one whale) have used $4.89M to buy 190.14B $PEPE. The analytics platform discussed this development on social media. Whales are buying $PEPE!2 wallets (likely belonging to the same whale) spent 4.89M $USDC to buy 190.14B $PEPE at an average price of $0.00002572 in the last 6 hours!Address:0xcb1f2b9562a7a4e2029db54d504dfe4b1e46b7dc0xb721c74a0a1c97187146d1fe7df94a9d8752481d pic.twitter.com/LomPm6rg4F — Lookonchain (@lookonchain) December 8, 2024 Whale Wallets Spend $USDC to Purchase 190.14B $PEPE within 6 Hours Lookonchain…
Solana Labs co-founder Stephen Akridge is facing a lawsuit accusing him of withholding “millions of dollars” in staking rewards from his ex-wife after their divorce agreement. Stephen Akridge, co-founder of Solana Labs, is being sued in San Francisco court by his ex-wife, Elisa Rossi, who claims he withheld “millions of dollars” worth of crypto accumulated in staking rewards from Solana (SOL) tokens. According to Rossi, Akridge gave her control of three crypto wallets as part of their divorce agreement, per court documents first reported by Law.com. However, Akridge allegedly kept the staking rewards for himself by directing SOL tokens to…
Head of DWF Labs Andrei Grachev calls for memecoins on BNB Chain for the DWF Meme Fund. DWF Meme Fund was launched in November this year to support chain-agnostic memecoin projects. From being a silly meme on the internet with nothing but popularity to becoming a billion dollar industry, memecoins have evolved a lot. A recent blogpost from the leading crypto exchange Binance also mentioned how significant the memecoin space has become today. It also highlighted the role of memecoins in driving decentralized science (DeSci) space. To further drive the growth and innovation of memecoins, DWF Labs unveiled a $20…