Author: NBTC
A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency. The 23-year-old Gabriel Hay allegedly connived with another fellow – Gavin Mayo of Thousand Oaks, also 23 years of age, to perpetrate a scheme that defrauded investors of their monies. This represents one of the many cases where cryptocurrency and other digital assets are used to perpetrate crime. The duo committed several digital asset crimes According to the Beverly Press, the duo faces one count of conspiracy to commit wire fraud, two counts of wire fraud, and one…
The blockchain giant has unveiled a groundbreaking initiative tied to UFC311, set to take place at the Intuit Dome in Los Angeles on Saturday, January 18. The campaign, dubbed “VeBetter heaven,” imagines a futuristic Los Angeles enriched with Tesla-powered hubs and eco-friendly experiences. The partnership combines VeChain’s blockchain transparency with Tesla’s green energy solutions, highlighting a commitment to environmentally responsible innovation. With UFC’s massive audience, VeChain’s integration into the Los Angeles event could mark a significant leap in blockchain visibility. The partnership paves the way for people to engage with Web3 innovation. VeChain’s partnership with EVearn also offers a chance…
Kenya, known for its innovative financial systems, has made another leap in the cryptocurrency space with the integration of Bitcoin payments for M-Pesa users. Recently, one video from Kenya has become an internet sensation. 30 Mio. M-Pesa users can now be paid in bitcoin in #Kenya! 🇰🇪I used @tando_me in Nairobi to pay with #Lightning. Smooth, fast, and the merchant at the Massai market got KES directly in their M-Pesa account. ⚡Tested with @PhoenixWallet, @getalby and @breez_tech so far. pic.twitter.com/QUc97OLUw6 — Anita ⚡🏳️🌈 (@AnitaPosch) December 3, 2024 Kenya Embraces Crypto Payments Anita, the founder of Bitcoin for Fairness, shared her…
Recent charts of Ethereum have shown an interesting picture with analysts, keeping a close eye on what may be an inverse Head and Shoulders pattern. Looking at this formation over a longer period of time, it appears that Ethereum might be preparing for a big breakout. ETH may reach levels as high as $10,450 if everything goes according to plan, which would be a 265% increase over current prices. The pattern’s neckline is located at about $4,000, which has long been a crucial Ethereum resistance area. Ethereum is consolidating below its current price of $3,450, testing earlier resistances as support.…
Recently, 60 Minutes released a 13 minute video interview with Ripple CEO Brad Garlinghouse, that caused an uproar over misconceptions portrayed about the crypto industry. The crypto community is now calling Garlinghouse to appear on The Joe Rogan Experience for an unfiltered and transparent discussion. Influencer Requests to get Ripple CEO on The Joe Rogan Experience (Source: X Post) The community wishes hear more about Ripple’s ongoing legal battle with the SEC and how the team is navigating through these difficult times. Ripple CEO Criticized Selective Editing by 60 Minutes Brad Garlinghouse after the release of the 13 minute video…
The U.S. Securities and Exchange Commission (SEC) could see significant changes to its approach to regulating the cryptocurrency industry as its leadership undergoes a transition, according to comments from current commissioners. The SEC will operate with a reduced team of commissioners starting next year as SEC Chairman Gary Gensler steps down from his position and the agency awaits Senate confirmation of President-elect Donald Trump’s nominees. Republican Commissioners Hester Peirce and Mark Uyeda will be the only remaining members during the transition. “We have a big package of materials,” Peirce said. “We have always looked to enforcement as our preferred tool…
Binance has announced its decision to delist several spot trading pairs as part of its periodic review to maintain market quality. Binance Announces Removal of Select Spot Trading Pairs Effective December 27, 2024 The review takes into account factors such as liquidity and trading volume. The following trading pairs will be removed and will cease trading at 06:00 on December 27, 2024: ACE/BTC ACM/TRY BOME/BTC DYM/BTC MTL/TRY PIXEL/BNB PIXEL/FDUSD QKC/BTC RAD/BTC REZ/FDUSD TUSD/TRY Impact on Users While the trading pairs will be delisted, the underlying tokens will remain available for trading with other underlying and quoted assets on Binance Spot.…
Soon Chain, a well-known AI-led L2, has announced a new collaboration with Vanar Chain. The collaboration between Soon Chain and Vanar Chain aims to increase blockchain accessibility for broader adoption. The platform provided the details of this partnership on social media. 🚀𝐒𝐎𝐎𝐍𝐂𝐇𝐀𝐈𝐍 𝐱 𝐕𝐀𝐍𝐀𝐑 ⛓️💥 𝐂𝐇𝐀𝐈𝐍We’re proud to announce our partnership with @Vanarchain, a cutting-edge L1 blockchain designed for mass adoption. 💫𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐒𝐨𝐨𝐧𝐂𝐡𝐚𝐢𝐧 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲:✅Eco-Friendly Innovation –… pic.twitter.com/rbfpdHmV2Y — SoonChain❤️AIGG (@soonchain_ai) December 25, 2024 Soon Chain and Vanar Chain Partner to Advance Blockchain Utility and Affordability Soon Chain pointed out that the collaboration with Vanar Chain focuses on…
Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term. Bitcoin is holding gains above the $93,500 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $96,500 resistance zone. Bitcoin Price Faces Resistance Bitcoin price attempted to clear the $96,500 resistance zone. However, the bears remained…
The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the second-largest cryptocurrency by market capitalization. Ethereum Price Targets $12 With New Chart Pattern In a Tuesday X (formerly Twitter) post, crypto analyst Tony Severino released an Ethereum price chart illustrating an inverse head and shoulder, a technical analysis indicator signaling a potential trend reversal. This distinctive chart pattern has four key…