Author: NBTC
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A new survey weighing industry leader sentiment shows an optimistic outlook for crypto — with a dose of skepticism too. It includes opinions from some 230 executives gathering at the CfC St. Moritz 2025 conference. Among them are the CEOs of Binance and Ripple, chair of the CFTC, and executives at TradFi giants like BlackRock, Fidelity and Franklin Templeton. The biggest opportunities are going to be in the US, 61% of survey respondents agree — followed by the APAC region, then Middle East and Asia. That…
Silently emerging from South Korea’s active crypto market, a single XRP transfer has attracted much attention today. Whale Alert flagged a movement of 30 million XRP — valued at $95.52 million — originating from Upbit, the country’s leading cryptocurrency exchange. The funds left a wallet labelled “rDxJNb” and arrived at an unrecognized address, “r325zs5Z.” Unusual? Not really, we saw similar transfers in previous weeks too, although they are rarely ignored, because of the scale alone. While some speculate that this could indicate accumulation by a large investor, others lean toward the possibility of an internal operation by the exchange itself.…
The crypto political action committee that stunned U.S. politics last year, Fairshake, successfully weighed in again in a pair of Florida special elections to replace Republican members of Congress, likely adding to its list of lawmakers who have the industry to thank for campaign support. A primary election closed Tuesday night, giving pro-crypto candidates supported by $700,000 in Fairshake money overwhelming victories in both seats. Florida’s 1st District vacated by former Representative Matt Gaetz and 6th District vacated by former Representative Mike Waltz are both staunchly Republican, meaning the primary winners — Jimmy Patronis in the 1st and Randy Fine…
Kraken has added PENGU, SIGMA, and ME tokens, expanding trading options and attracting more interest in these digital assets. Magic Eden dominated the NFT market in December 2024, securing 36.7% market share and nearly $123 million in trading volume. Kraken just added three new tokens to its list of tradable assets: PENGU, SIGMA, and ME. Traders intrigued about the three tokens’ market possibilities paid close attention to the announcement right away. But what precisely appeals about these tokens? And how would they affect the community? Pudgy Penguins (PENGU) Soaring: What’s Happening? The Pudgy Penguins (PENGU) token’s value has surged recently…
Kalp Network and Golden Cat established a strategic partnership to bring together blockchain innovation and wildlife conservation through impactful programs. The partnership brings innovative Real-World Asset (RWA) tokenization methods to Web3 gaming while establishing connections between traditional finance and digital systems. 🚀 Partnership Announcement! 🚀We’re excited to partner with @WildGoldenCat ! 🎮🐱Golden Cat is redefining Web3 gaming—rescue, collect, and nurture cats while earning $GCT tokens! With DeFi and community-driven elements, they’re merging gaming with blockchain for a greater… https://t.co/wNsBTeR9cb — Kalp (@Kalp_Official) January 30, 2025 Golden Cat: Redefining Web3 Gaming Through its unique platform, the Web3 gaming leader Golden Cat…
CleanSpark is a strong buy and ‘top option’ for investors this year, according to a report by H.C. Wainwright & Co. CleanSpark, a Bitcoin (BTC) mining company, hosted an investor day in New York City on January 27, celebrating its fifth anniversary on the Nasdaq. The company, which entered the Bitcoin mining sector in December 2020, has grown rapidly into a leading player in the industry, leveraging its expertise in energy and microgrid development, according to an H.C. Wainwright note shared with crypto.news. During the event, CleanSpark’s management outlined its key strategy for success, which includes a counter-cyclical investment approach—expanding…
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in burn rate within the last 24 hours. According to the Shibburn X account, 30,067,245 SHIB tokens were burned in the last 24 hours, representing a 951.63% surge in the daily burn rate. HOURLY SHIB UPDATE$SHIB Price: $0.00002205 (1hr -0.22% ▼ | 24hr -4.46% ▼ )Market Cap: $13,009,105,428 (-4.57% ▼)Total Supply: 589,256,859,680,246TOKENS BURNTPast 24Hrs: 30,067,245 (951.63% ▲)Past 7 Days: 90,978,818 (41.22% ▲) — Shibburn (@shibburn) January 19, 2025 A total of 90,978,818 SHIB were burned in the last seven days, yielding a 40% surge in the weekly burn rate. Despite the…
Howard Lutnick, Donald Trump’s nominee for commerce secretary, has said that stablecoins, including Tether, should get an audit from a United States firm. Senator Maria Cantwell (D-WA) asked Lutnick to clarify regulations that would ensure that stablecoins were adequately reserved. Lutnick responded that he believes audits and holding treasuries as collateral are adequate to ensure this. Lutnick’s firm, Cantor Fitzgerald (from which he intends to divest if nominated), owns a convertible bond from and holds substantial reserves for Tether, the world’s largest stablecoin. Tether has promised since 2014 that it will complete a financial audit; over a decade later, it…
Transak, a leading provider of crypto-to-fiat transfers and conversion infrastructure, has shared the details of its recent integration with MiniPay, Opera’s dollar stablecoin wallet. Transak fiat infrastructure live in Opera’s MiniPay app Transak, a global fiat-to-crypto payments infrastructure vendor, has entered into a strategic collaboration with Opera’s MiniPay, a popular end-user USD stablecoin wallet built on the Celo blockchain. If you’re new around here: We’re Transak—your bridge to #Web3, connecting fiat to crypto worldwide.Welcome Onboard! https://t.co/JJfJYiU1gk — Transak (@Transak) January 20, 2025 As the partnership kicks off, Transak enables operations with Celo Dollar (cUSD), Tether USD (USDT) and USD Coin…
GoPlus Security, an on-chain security intelligence provider, has announced its strategic partnership with Virtuals Protocol, a prominent platform for AI-driven Web3 automation. This collaboration is a remarkable advancement in artificial intelligence (AI) and on-chain security. It strives to bridge groundbreaking security intelligence and AI agent space. 🚀 GoPlus x @virtuals_io: Strengthening On-Chain Security!We’re excited to partner with @virtuals_io to bring advanced on-chain security intelligence to the AI agent space.Together, we’re building a safer and smarter Web3 AI ecosystem. Let’s shape the future, securely. 🤝 pic.twitter.com/BPlITU4jyM — GoPlus Security (@GoPlusSecurity) January 30, 2025 This advancement will integrate smarter and more secure…