Author: NBTC
President Donald Trump is set to take swift action on cryptocurrency regulation when he returns to the White House, according to the Washington Post. A Washington Post politics reporter has revealed that Trump plans to issue crypto-related executive orders on his first day in office, signaling a dramatic shift in regulatory priorities. The move comes as part of a broader effort to reshape the regulatory landscape, with significant contributions from leading venture capitalists (VCs) and technology leaders. Marc Andreessen, a prominent figure in the venture capital community, has reportedly been deeply involved in the hiring and interviewing of candidates for…
Main Takeaways We are excited to announce that Binance has reached an agreement with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), which confirms compliance with all applicable local regulatory requirements and authorizes the platform to provide services to Uzbekistani residents under a licensed framework. Simplifying Access for Users Binance will operate in Uzbekistan on a crypto exchange license No CE#0004 issued to COINPAY LLC, with access through the entity’s official website, coinpay.uz. Users will be able to deposit and withdraw funds in the national currency through local payment systems, which greatly simplifies these operations. Committed…
Robert Kiyosaki, the author known for his best-selling book “Rich Dad Poor Dad,” has endorsed the $13 million prediction made by MicroStrategy co-founder Michael Saylor. “I believe he is right. He is one smart boy,” Kiyosaki said in his recent social media post. On Nov. 19, the leading cryptocurrency by market capitalization reached yet another $94,040, according to CoinGecko data. During his September CNBC interview, Saylor predicted that the price of Bitcoin could end up reaching $13 million within the next 20 years. Kiyosaki recently said he would stop buying Bitcoin once it crosses the $100,000 level, warning Bitcoin bulls…
Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to the country. President Nayib Bukele revealed that the company will build a skyscraper, the Tether Tower, in an undisclosed location. Tether’s Push in El Salvador Continues: Tether Tower Confirmed Tether, one of the largest companies in the cryptocurrency industry, has confirmed that it is making big moves in El Salvador concerning its recent headquarters announcement. As part of this push toward focusing on…
Bitcoin revolutionized decentralized finance, setting the benchmark for trustless global transactions with its peer-to-peer architecture. Dogecoin remains a viral memecoin with a loyal community, driven by its low entry cost and viral social media mentions. Filecoin’s decentralized storage system incentivizes network participation by rewarding miners with FIL. Bitcoin’s dominance in decentralized finance to Dogecoin’s viral appeal, Litecoin’s efficient microtransactions, Zcash’s unparalleled privacy, Filecoin’s innovative storage solutions, and BONK’s liquidity boost for Solana, these cryptocurrencies are revolutionizing the digital economy. Bitcoin(BTC): The Benchmark for Decentralized Finance Current price: $93,625.89 Market cap:$1.85T Bitcoin is the first decentralized digital currency created to be…
The U.S. Securities and Exchange Commission must now thoroughly “explain itself” for refusing to grant Coinbase.’s formal request that the agency write regulations for how the industry should assess whether crypto assets are securities or not, according to a circuit-court ruling on Monday. A three-judge panel for the U.S. Court of Appeals for the Third Circuit, in a legal rebuke of the securities regulator, partially sided with Coinbase’s effort to get the agency to offer legal clarity by writing crypto regulations. “Rather than force the agency to make a rule, we order it to explain its decision not to,” one…
The cryptocurrency market maker Wintermute revealed interesting growth numbers in over-the-counter (OTC) trading volumes during 2024, signaling an important shift in institutional cryptocurrency adoption that’s expected to accelerate through 2025. The firm’s latest analysis shows its OTC trading volumes surged 313% year-over-year, significantly outpacing the broader crypto exchange market’s 142% growth. A notable milestone was reached in November 2024, when single-day OTC spot volume hit an all-time high of $2.24 billion, surpassing the previous year’s weekly high of $2 billion. Evgeny Gaevoy, CEO and Co-Founder, Wintermute “There will be a continued increase in institutional interest in digital assets, especially amongst…
Just under a whopping 9,000 BTC was accumulated by spot Bitcoin ETFs in the United States on Tuesday, Nov. 19. This equates to around $814 million in total aggregate inflows across the eleven funds, according to Coinglass. Around 450 BTC are mined daily, which means that a huge supply shock is imminent if institutional funds continue to hoover up coins at current rates. Moreover, the supply shock will be amplified by the halving effect, which reduced block rewards in April. This could induce a post-halving bubble, as it has in previous cycles. U.S. Bitcoin ETFs purchased 9,000 Bitcoin today (11/19)…
In less than 24 hours since launching, TRUMP, the token from President Donald Trump, jumped to $33, a huge leap from its original price of $0,18, after Trump invited followers to secure their tokens before the 48-hour claiming window ended. It’s currently trading at $27,27, which is still over a 320% increase, a slight cool-off after a massive surge that saw early buyers make huge gains, with some turning less than $1,000 into over $300,000 in just minutes. The token has also climbed the ranks, now sitting at 28th place on CoinMarketCap. Table of Contents TRUMP expands across 10+ exchanges,…
A prominent crypto whale, going by “@degentradingLDS” on X, has gained a significant profit of $4.81M after depositing 254.65B $PEPE coins (nearly $5.15M) to Binance. As per Spot On Chain, a well-known on-chain analytics firm, this substantial profit indicates the significance of a timed strategy to leverage the meme token trading. The analytics platform provided the details of this event on social media. Crypto whale @degentradingLSD deposited 254.65B $PEPE ($5.15M) to #Binance for a big $4.81M profit 13 hours ago!Currently, this whale holds:• 430B $PEPE ($8.13M) with another unrealized profit of $7.74M (13x return);• 3.96M $DOGE ($1.6M) with an unrealized…