Author: NBTC
Renowned legal expert Fred Rispoli suggests that President Donald Trump does not require congressional approval to include XRP and ADA in the U.S. crypto reserve. Attorney Rispoli made this suggestion to address concerns about the United States’ strategic crypto reserve initiative. The reserve announcement has triggered mixed reactions. Some experts suggest that Trump would require congressional approval to allocate funds for the project. Notably, some U.S. states like Wyoming, North Dakota, and Montana have rejected bills pushing for the creation of a strategic crypto reserve. As a result, some experts speculated that the U.S. federal government would also require Congress’s…
Singapore Exchange Ltd. (SGX) is set to introduce bitcoin (BTC) perpetual futures in the second half of 2025, marking a significant step for the traditional exchange into the crypto derivatives market, according to a Bloomberg report. These contracts, designed for institutional clients and professional investors, will not be accessible to retail traders. SGX did not immediately respond to CoinDesk’s request for comment. SGX’s move aligns with a broader trend among traditional exchanges embracing cryptocurrency derivatives. Japan’s Osaka Dojima Exchange Inc. is also seeking approval to list bitcoin futures, reflecting growing institutional interest in digital assets, particularly amid pro-crypto policies from…
BTC traded as high as $99,497.97 before retreating, but the dominant digital asset has been gradually edging towards the $100,000 barrier, with bears getting squeezed on shorts to the tune of $128.35 million. Bitcoin Nears $100K But Meets Resistance Bitcoin (BTC) is edging closer to the highly anticipated $100,000 milestone, trading at $99,207.54 at the time of reporting. The world’s leading cryptocurrency has gained 1.51% over the past 24 hours and is up 2.39% over the past week. With a 24-hour trading range of $96,874.82 to $99,497.97, BTC is showing signs of strong bullish momentum as investors continue to push…
A report recently shared by the IntoTheBlock account on X reveals that a staggering amount of Ethereum has been transferred over the past week. They were all withdrawals from crypto exchanges to cold wallets. IntoTheBlock believes this is indicative that whales continue to accumulate the second largest cryptocurrency heavily, investing in it long term. Over $500 million worth of ETH was withdrawn from exchanges this week, indicating that accumulation remains strong among $ETH traders. pic.twitter.com/0gLiHHU1DW — IntoTheBlock (@intotheblock) March 7, 2025 In particular, according to a Santiment chart shared by crypto trader Ali Martinez, over the past three days, whales…
The market for tokenized assets across all classes has now exceeded $50 billion, according to a new report. According to a recent report from Brickken, titled “RWA Tokenization: Key Trends and 2025 Market Outlook,” the market for tokenized assets across all classes has now surpassed $50 billion, with $30 billion of that total stemming from tokenized real estate. This growth positions the tokenized market to reach a $2 trillion market cap by 2030, as projected by McKinsey. One of the report’s key insights is the surge in debt tokenization, particularly in Europe, where Germany leads the way, accounting for nearly…
New York lawmakers are taking a strong stance against crypto fraud. Assemblymember Clyde Vanel has introduced a new bill aimed at curbing deceptive practices, including rug pulls and private key theft. The proposed legislation, Assembly Bill 6515, seeks to amend the state’s penal law by establishing criminal penalties for fraudulent activities related to virtual tokens. These include rug pulls, private key fraud, and failure to disclose financial interests in digital assets. Under the proposed law, developers selling more than 10% of a virtual token’s total supply within five years of the last sale could face prosecution for rug pulls, with…
SFT Protocol is excited to announce its strategic partnership with Funton.ai, a groundbreaking move in Web3 gaming. This alliance is a remarkable step forward in enabling players to create blockchain gaming that is more engaging, profitable, and accessible. 🔹 Exciting Partnership Announcement! 🔹 We’re thrilled to team up with @funton_ai—a modular multi-game platform on Telegram & LINE, revolutionizing Web3 gaming with T2E Mini-App Games and GameFi-as-a-Service (GaaS)! 🎮✨ 🚀 Why https://t.co/MYc2nQ0abZ? ✅ Trusted by… pic.twitter.com/R9MUWhTBMb — SFT Protocol (@SFTProtocol) March 10, 2025 SFT Protocol, a blockchain gaming infrastructure provider, has witnessed this collaboration through its official X account. The other…
Cryptocurrency exchange Kraken has obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). This approval enables Kraken to issue electronic money and offer faster deposit and withdrawal options for clients in the UK The move is part of the company’s ongoing growth strategy and aims to enhance its services in the U.K. market. The news follows an announcement that the US Securities and Exchange Commission (SEC) had agreed to dismiss a lawsuit accusing Kraken of operating as an unregistered securities exchange. The dismissal marks a shift in U.S. cryptocurrency regulation, which Kraken is using to…
Alita AI joins with Comet’s interlink communication aggregator to provide users effortless digital asset management between Ethereum and Bitcoin networks and across all Layer 1s without code writing requirements. The relationship unites two cutting-edge platforms which seek to streamline blockchain transactions. ☄️Thrilled to announce our partnership with @AlitaAI_Network! 🤝Alita AI automates blockchain operations with AI agents through a chat interface, simplifying crypto trading, token launches, and DeFi—no coding required. From staking and swapping to launching on… pic.twitter.com/dhQqzEYx79 — Comet (@Comet_Protocol) March 8, 2025 About Alita AI Alita AI delivers automated complex operation capabilities through AI agents. The platform uses its…
State-owned Banco Nacional (BN), the largest commercial bank in Costa Rica and one of the biggest in Central America with over $7 billion in assets, is launching a spot bitcoin exchange-traded fund through its investment management arm, BN Fondos, according to local reports. This marks the first time that Costa Ricans will have access to any type of crypto investment product through the country’s banking system. The firm is also launching a S&P 500 ETF alongside the bitcoin vehicle. The minimum investment amount for each fund is $100. Investments will be taken in U.S. dollars instead of Costa Rican colones.…