Author: NBTC
A court in China has ruled that Tether is not considered legal tender in a crypto lending dispute involving two individuals, Han and Ji. China’s Crypto Lending Case involving Tether The People’s Court of Tongzhou District, Nantong City, Jiangsu Province, presided over the case, which centered around a private lending dispute between two friends involving cryptocurrency. Ultimately, the court rejected the plaintiff’s request for repayment. According to a legislative website, Ji convinced Han that investing in the virtual currency Tether would be highly profitable. Ji then used Han’s mobile phone to purchase 2,000 Tether on a platform, claiming he would…
Bitfinex analysts predict that Bitcoin will remain rangebound and could rise to as high as $105,000 in January. According to his predictions, Bitcoin will fluctuate between $95,000 and $110,000 by the end of the month. In a recent market report, Bitfinex analysts commented: “We expect Bitcoin to continue a range-bound market trend as investors look to allocate capital across different asset classes. We predict Bitcoin will fluctuate between $95,000 and $110,000 by the end of January.” The inauguration of US President-elect Donald Trump on January 20 is seen as a potential catalyst for cryptocurrency prices. Expectations from the new administration…
Krypton DAO (KRD) price is up 513% in a week to $2.69. The token has risen by over 100% today alone. There are no major developments within the Krypton DAO leaving investors worried it will sustain the gains. In a remarkable surge that has caught the eye of the crypto community, Krypton DAO (KRD) has witnessed an astonishing 513% price increase over the last week, currently trading at $2.69. This spike elevates the token from a modest $0.442 to a peak of $2.99 within a week, showcasing an unprecedented level of investor enthusiasm or speculative trading. While KRD’s price remains…
The latest regulatory discussions in the United States regarding digital assets have gained traction, with Ripple CEO Brad Garlinghouse acknowledging the significance of the recent legislative focus on crypto clarity. His remarks follow a press conference by US digital asset policy chief David Sacks, who addressed lawmakers on evolving strategies concerning Bitcoin reserves and digital asset regulations. Garlinghouse noted that bipartisan engagement on crypto regulation represents a pivotal moment for the industry, reinforcing the need for legislative clarity. Garlinghouse Responds to Crypto Policy Debate Garlinghouse addressed criticism surrounding the discussions led by Sacks, emphasizing the long-term implications of bipartisan legislative…
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its cryptocurrency adoption, is preparing to become more bitcoin-friendly in 2025. Gael Yeomans, a Chilean deputy, has proposed creating a bitcoin bench in the Chilean Congress, a group focused on promoting bitcoin research and introducing bitcoin and crypto regulations. Over 20 lawmakers have also participated in…
A DefiLlama developer, @0xngmi accused Artemis of using DefiLlama’s proprietary data without proper attribution. The controversy that broke out on X has sparked a debate about data ownership and ethics within the Web3 and decentralized finance (DeFi) space. DefiLlama is the largest DeFi data analytics platform, providing real-time data across various DeFi protocols. It has proven to be an essential tool for investors and researchers who need reliable metrics in DeFi. Artemis used DeFiLlama’s data without attribution In a tweet that went viral on crypto twitter, @0xngmi said, “i found out that one of our competitors, a vc-backed data site,…
Aptos Foundation announced that Aptos was leveraging Chainlink’s Price Feeds. The integration will see Aptos developers tap into real-time price data. Aptos has integrated Chainlink Data Feeds as it looks to bring real-time, tamper-proof data to network developers. In an announcement on Jan. 9, the Aptos Foundation said integrating with Chainlink will see Aptos developers leverage off-chain data in real time. This will happen via Chainlink Price Feeds, a critical solution in the decentralized finance ecosystem “We are excited that Aptos has adopted the Chainlink standard. Chainlink Data Feeds will greatly enhance the reliability of applications built on the network,…
Attorney Jeremy Hogan speculates that a settlement in the SEC v. Ripple lawsuit is more likely to happen before XRP ETFs are approved. The prominent legal expert made this known yesterday in response to an inquiry from an XRP community member. In an X post, the user asked Attorney Hogan whether the SEC would approve at least one of the multiple XRP ETF filings before settling or dismissing its lawsuit against Ripple. Attorney Hogan Responds Responding, the lawyer clarified that the SEC would likely settle or dismiss the Ripple case before approving any XRP ETFs. This is because XRP is…
Bitcoin has continued to receive substantial support around the $90K level, sparking a slight recovery. However, the prevailing bullish momentum appears insufficient to trigger a fresh rally toward a new all-time high, suggesting the likelihood of consolidation within this area in the short term. Technical Analysis By Shayan The Daily Chart After a period of decline, Bitcoin has found strong support at the critical $90K region, highlighting the presence of buyers at this level. This support aligns with the middle threshold of its multi-year ascending channel, reinforcing its significance. Despite a slight increase in buying pressure resulting in a minor…
The Binance Coin (BNB) ecosystem gains momentum, spurring surging activities on the leading decentralized exchange PancakeSwap. After a long time of suppression—according to former Binance CEO Changpeng Zhao—the BNB Chain is back. Bullish macroeconomic boosts and recent chain upgrades have renewed the ecosystem’s earlier dwindling traction. Notably, PancakeSwap, the most prominent decentralized exchange in the BNB Chain ecosystem, has been at the forefront of this revitalization. The platform recently recorded the largest trading volume among other DEXs in both the daily and weekly timeframes. The PancakeSwap Reincarnation DeBridge, a cross-chain interoperability and bridging protocol, earlier highlighted a growing asset transfer…