Author: NBTC
U.S. Vice President Kamala Harris “understands” crypto and may embrace it as an issue in her nascent campaign for the White House, Rep. Wiley Nickel (D-NC) said at the Bitcoin Nashville conference on Saturday. Twenty-eight officials, including a dozen or so members of the House, wrote a letter to the Democratic National Committee asking for a “reset” on crypto policy to complement the recent shakeup on the election ticket, Nickel said. Among their asks are a pro-innovation Securities and Exchange Commission chair, a vice presidential pick that is “sophisticated” on digital asset policy, inclusion of pro-crypto language on the party…
‘Banana,’ an idle game within the TON ecosystem, has hit one million users in under 72 hours. Players completed 2.9 million in-game tasks and connected 580,000 social accounts to the game. This quick and large adoption highlights its appeal to both Web2 and Web3 gamers. What is Banana? Banana allows players to collect virtual Bananas, each with unique attributes and rarities. Players earn points, called Peels, by clicking on Bananas, which can then be transferred to Tether (USDT). The game also enables the trading of Bananas for various rewards, maintaining player engagement. Banana offers various features to engage players, such…
The recent fluctuation in the price of the top crypto token Bitcoin has been stirring diverse viewpoints from analysts. TXMC, a well-known crypto analyst on X, has recently condemned the Bitcoin predictions, saying the asset’s value does not follow any “Power Law” but the demand and supply. On the official social media account of the expert, they discussed what changes Bitcoin’s price. I don’t know how else to say this, and I’m not a mathematician who can throw out fancy terms, but #Bitcoin price is not governed by a “power law”. It is set by bids and asks. It’s more…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Embarking on a journey into decentralized finance is akin to navigating a new and vast wilderness. Unlike traditional finance, defi offers a platform where everyone can be more than just a consumer; they can be active participants, decision-makers, and even innovators. For novices, this is an exhilarating but complex terrain. Structured education is not just helpful—it’s essential. It functions as a compass in the vast, sometimes perplexing landscape of defi. You might also like: Defi needs some…
Ethereum’s highly anticipated spot ETF started trading last night. Contrary to what many expected, the market didn’t go wild. As QCP Capital pointed out, the launch didn’t bring the fireworks some were hoping for. On the first day, net inflows for ETH were around $107 million. In comparison, Bitcoin saw $655 million, mainly because of a $484 million outflow from ETHE. Market reaction ETH volatility also took a hit across the term structures. Interestingly, the premium on Ethereum compared to Bitcoin vols reversed. Now, Bitcoin’s 1-week and 2-week options are trading 1-3 points higher than Ethereum’s. Despite this lukewarm start,…
The two-day meeting where the FED will hold behind closed doors and make the interest rate decision has now started. The decision will be shared with the world tomorrow at 21:00 Turkey time (UTC +3) and half an hour later, FED President Jerome Powell will give a speech. There is a strong expectation that Wednesday’s interest rate decision will be in the direction of “keeping interest rates constant”. So what are the latest situation and expectations? For nearly a year, FED policymakers have consistently stated during their meetings that there will be no immediate changes to the benchmark interest rate.…
Zignaly, a social investment company that permits investors to track expert traders, has started an exclusive partnership. As per the platform, it is joining forces with LinqAI. LinqAI is a prominent platform that creates AI instruments and workflows to cater to all types of business environments. The platform took to its official X account to offer insights into this partnership. 🤝 PARTNERSHIP: @linq_ai x #Zignaly – $LNQ treasury is now supercharged by Zignaly’s #ZScore Powered Fund Managers! 📈$LNQ treasury commits 100,000 USDT to Zignaly’s top-tier Fund Managers, with plans to exponentially scale this investment as our partnership deepens.… https://t.co/cczRdsFnXA pic.twitter.com/mszcbyQTMC…
On July 26, a coalition of Democratic officials, congressional candidates, and party leaders addressed an open letter to Jaime Harrison, Chair of the Democratic National Committee (DNC), and prospective presidential candidates. The letter, signed by over 20 lawmakers and candidates, emphasizes the critical need for the Democratic Party to adopt a forward-looking approach to digital assets and blockchain technology. The letter highlights the transformative potential of digital assets for American innovation, economic growth, and financial inclusion. The signatories, including prominent leaders such as Senate Majority Leader Chuck Schumer and Speaker Emerita Nancy Pelosi, argue that recent legislative support for pro-digital…
New York, NY — Republic, a leading name in Web3 advisory and investment, has announced an exciting new partnership with Immutable, a pioneer in Web3 gaming. This collaboration aims to transform the landscape of game development by offering top-tier support to game studios building on Immutable’s platform, focusing on advanced tokenomics and player engagement strategies.—The strategic partnership between Republic and Immutable is set to revolutionize how game studios design and implement their tokenomics. Republic Crypto Advisory will bring its expertise to the table, providing comprehensive advisory services covering every aspect of token development, from initial design to market liquidity. This…
Since April, Bitcoin’s price has ranged between $59,000 and $74,000, but historical trends suggest a potentially bullish July. Seasonal cycles, such as profit-taking around tax season in April and May, and increased demand in December, can influence cryptocurrency prices, leading to predictable changes. Bitcoin (BTC) bulls may have reason to cheer in the coming weeks as possible seasonal cycles boost prices of the largest cryptocurrency after months of declines and rangebound trading. BTC has traded between $59,000 and $74,000 since April, weighed down by billions in sales, upcoming selling pressure, outflows from exchange-traded funds (ETFs), and peak negative sentiment among…