Author: NBTC
For centuries, self-custody has symbolized financial autonomy, enabling individuals to secure their wealth—from gold to cash—without intermediaries. Bitcoin extends this principle into the digital realm, offering a censorship-resistant, decentralized way to hold assets. Yet, upcoming European regulations under the Markets in Crypto-Assets Regulation (MiCA) and the Transfer of Funds Regulation (TFR) threaten to complicate self-custody for Bitcoin users. A New Regulatory Era MiCA, adopted in April 2023, aims to regulate crypto-assets comprehensively in the EU. The revised TFR applies the “Travel Rule” to Bitcoin transactions, requiring detailed sender and recipient information for compliance. These changes will come into effect in…
Since Ethereum’s (ETH) price fell below $4,000 on December 17, it has struggled to reclaim that level, fueling speculation that ETH might not return to the zone before the end of 2024. However, a 5% price increase in the last 24 hours suggests sentiment might be shifting. For Ethereum to retest the $4,000 mark, several key factors must align. Here’s what needs to happen. Ethereum Holders Get Set to Break the Hurdle According to the In/Out of Money Around Price (IOMAP), Ethereum price holds strong support at $3,352. At this point, 3.34 million Ethereum addresses hold 3.18 million coins and…
Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock market, and other commodities such as gold. Experts predict that prices will likely continue to rise due to relentless demand and climate adversities. Neither Bitcoin nor Gold: Cocoa Rises as the Top Commodity of 2024 2024 was a great year for investors, who were able to reap earnings from stocks, digital currencies like bitcoin, and even commodities like gold. Nonetheless, an unlikely commodity took the crown as the best-performing asset of 2024: cocoa. Cocoa, an agricultural commodity and precursor to chocolate, enjoyed a remarkable…
Some were frustrated that it took six months for the Milady Cult Coin (CULT) to launch onto Ethereum. But founder of Remilia Corporation, Charlotte Fang, claims that it was all part of the plan. They also teased future CULT airdrops and compared the project to a religion. “We waited for the right timing. You only get one chance to set the tone for a launch,” Fang told Decrypt. “We were giving away a lot of size, so it had to be right. Waiting some months doesn’t matter in the big scheme of things when you’re building a thousand year empire.”…
Following the recent US election, leading figures in the cryptocurrency world have seen a massive boost to their wealth, according to a report by Coindesk. CEOs like Coinbase’s Brian Armstrong and Ripple’s Brad Garlinghouse experienced major financial gains after the election results. Armstrong, for example, earned an additional $129 million from stock sales, while Coinbase’s market value surged by $21 billion. Armstrong’s stake in Coinbase increased by nearly $2 billion, bringing its total value to $6.4 billion. Coinbase also made a notable political contribution, donating $74 million to various political action committees (PACs) to support the election. Armstrong’s stock sales…
MemeBox has announced a partnership with SunPump, a rising star in the meme token universe. The purpose of this collaboration is to enhance innovation and utility in the meme economy by combining MemeBox’s platform with SunPump’s growth potential. The news was shared via the official X, formerly Twitter, account for SunPump. There has been a lot of interest in the market over this partnership. 🚀We are thrilled to announce our partnership with @GateMemeBox! 🎉Together, we’re bringing more excitement to the #SunPump meme ecosystem. Stay tuned for what’s to come! 💥 https://t.co/3ttxEjRpzf — SunPump (@sunpumpmeme) December 25, 2024 SunPump Joins MemeBox…
Virgin Voyages becomes the first cruise line to accept Bitcoin for bookings. Passengers can use Bitcoin to book for cruises including the upcoming Virgin Voyages’ Annual Pass. Virgin Voyages targets younger travellers with crypto adoption in a competitive market. Virgin Voyages, the innovative cruise line founded by Sir Richard Branson, has announced that it now accepts Bitcoin (BTC) as a payment option for bookings. This move makes Virgin Voyages the first cruise line to adopt crypto payments amid a growing trend in the travel and hospitality industries to embrace digital currencies. Annual Pass cruise passengers can book using Bitcoin According…
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,520 and $3,550 resistance levels. Ethereum Price Starts Recovery Ethereum price remained stable above $3,220 and started a recovery wave like…
Early this month, the US Federal Reserve reduced the federal fund interest rate by 25bps, bringing down borrowing costs to the range of 4.25% – 4.5%. Announcing the third rate cut of the year, Fed Chair Jerome Powell hinted that the organisation would take a cautious approach when considering any future rate cuts. Now, experts suggest that there is a 40% probability that the Federal Reserve will increase interest rate in 2025. Shocking! Here is what you should know! Federal Reserve Faces 40% Rate Hike Odds in 2025 Among those expecting a rate hike is Apollo Global Management, a leading…
Following the recent XRP tweets by Velo Labs, an analyst has explored some of the possible developments that could be in the pipeline. Ripple seeks to expand its services across different platforms and countries as it recently announced a partnership with Mercado Bitcoin. Web3 platform Velo Labs has, on multiple occasions, mentioned the incredible use cases of XRP and the XRP Ledger on its X handle. Fascinatingly, this has sparked speculations of a possible partnership, while a section of the XRP community finds this as a mere engagement strategy. [Speculation] Something interesting happening with Velo & #XRP? Over the past…