Author: NBTC
The US SEC is sharpening its focus on crypto staking and may issue new guidance on the practice, FOX Business journalist Eleanor Terrett reported Thursday, citing a source who recently communicated with the securities regulator. “The agency is “very, very interested” in staking, even asking industry for a memo detailing the different types of staking and their benefits,” Terrett shared on X. Last week, the SEC’s Crypto Task Force met with Jito Labs and Multicoin Capital Management representatives to discuss incorporating staking features into crypto exchange-traded products (ETPs). During their meeting, these firms presented two models for implementing staking in…
Peter Brandt, one of the most well-known commodity traders, has decided to dust off his “Hump Slump Bump Dump Pump” chart pattern that he first revealed several years ago. If you are a Bitcoiner, take a look at this post from several years ago. It describes the famous Hump Slump Bump Dump Pump chart construction in $BTCSame thing could be happening nowhttps://t.co/GUVydv7F9b pic.twitter.com/dW3uAar3OQ — Peter Brandt (@PeterLBrandt) December 29, 2024 According to the prominent chartist, this pattern might be playing out right now. The largest cryptocurrency by market cap experienced a roller-coaster ride. An initial price bump that resulted in…
Floki, a well-known memecoin issuer, has announced an exclusive collaboration with the innovative football tournament Kings World Cup Nations. The partnership aims to redefine the experience of the attractive game with more than 600M video views along with more than 20M hours in watch time. The platform took to X to disclose this collaboration. Floki Partners With Kings World Cup Nations To Reach 600+ Million Video Views! 🏆Floki is thrilled to announce a groundbreaking partnership with the Kings World Cup Nations – the revolutionary football tournament that’s set to transform how we experience this beautiful game!… pic.twitter.com/rrtogXtO8p — FLOKI (@RealFlokiInu)…
The US SEC established on Thursday the Cyber and Emerging Technologies Unit (CETU) to combat cyber-related misconduct and protect retail investors from emerging technology threats. Led by Laura D’Allaird, the CETU replaces the agency’s previous Crypto Assets and Cyber Unit and comprises approximately 30 fraud specialists and attorneys drawn from across SEC offices. The move signals the SEC’s broader regulatory push in the face of rapidly evolving technologies. The newly formed unit will prioritize a range of cyber-related threats impacting the financial industry. Key focus areas include the growing use of artificial intelligence and machine learning in fraudulent schemes, scams…
Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Aave Integration Enables Cross-Chain Stablecoin Staking on Bitget Wallet Bitget Wallet has integrated decentralized lending protocol Aave to allow users to stake USDT and USDC across five blockchain networks while retaining self-custody of assets. Bitget Wallet now supports staking of USDT and USDC on Ethereum, Base, Polygon, Arbitrum, and Optimism through Aave, enabling users to earn real-time yields without locking funds. According to the announcement shared with Bitcoin.com News, the integration sources annual percentage yields…
As of December 28 at 09:00 UTC, data from Binance reveals a bullish sentiment among Bitcoin futures traders. A significant 64% of traders holding open positions are betting on a price increase for the leading cryptocurrency. This optimism starkly contrasts with the remaining 36% who have taken short positions, anticipating a decline in Bitcoin’s value. 64% of traders on Binance with open #Bitcoin $BTC futures trades are betting on the price going up! pic.twitter.com/tw6QCNbW9H — Ali (@ali_charts) December 28, 2024 According to Crypto Analyst Ali Martinez, The long-to-short ratio currently stands at 1.78, highlighting the dominance of bullish positions on…
Several crypto projects that experienced significant growth in 2024 are reportedly expected to conduct a Token Generation Event (TGE) in Q1 2025. Platforms like Monad and Pump.fun raised major investments throughout the year, driven by increasing engagements and key developments. These projects are likely to launch their own tokens in the first quarter. Upcoming TGEs to Drive Competition in the Crypto Market Blockchain analyst Colin Wu published this list of potential TGE projects on social media, albeit without much commentary to explain his team’s reasoning. The analyst previously predicted HyperLiquid’s HYPE token launch by the end of 2024. The Q1…
As lawmakers hash out a federal framework for stablecoins in the U.S., corners of the crypto industry may soon face competition from the likes of Uber and Meta. Senate Banking Committee Chairman Tim Scott (R-SC) vowed this month that a stablecoin bill, dubbed the GENIUS Act, will be passed by both chambers of Congress and signed into law within the first 100 days of President Donald Trump’s administration. As the bill gains momentum, some experts say the industry may be at a crossroads. While the measure would for the first time provide a pathway to legality for stablecoin giants like…
The Shiba Inu ecosystem had one reason to celebrate yesterday as data confirmed that top exchange MEXC had added support for the Shibarium network. Shibarium Updates, a prominent Shiba Inu community handle, shared an elating update for enthusiasts of the light-hearted doggy-themed meme coin ecosystem. A tweet yesterday noted that the Shibarium network appeared on the crypto exchange MEXC. Shibarium on MEXC The Seychelles-based crypto exchange seems to have integrated Shibarium as a network option for transacting on the platform. The prototype “Shibarium Updates” shared shows that the Ethereum layer 2 scaling solution appeared as one of the networks from…
Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, widely known as the “Crypto Dad,” has reiterated his faith in Bitcoin, describing it as “digital gold” and “an idea whose time has come.” Giancarlo’s statements come as Bitcoin has recently surged above $100,000 and investors are awaiting a new era of crypto-friendly policies under the new US administration. In a recent interview, Giancarlo specifically highlighted the shift from traditional value storage to blockchain-based systems in financial institutions when explaining why Bitcoin’s appeal continues to grow. “We’ve reached a stage where we can move beyond storing information on the internet and…