Author: NBTC
In a recently published tweet, Monica Long, Ripple president, teased her upcoming speech during the XRP Community Day that is scheduled for Jan. 28-29 this year. Monica Long to unveil Ripple plans for 2025 Long hinted what her speech will be about – she will reveal the company’s goals for 2025, which has just started. They will include how Ripple intends to drive “institutional adoption of tokenized financial assets onchain.” Aside from that, she will talk about blockchain innovation across the Asia-Pacific (APAC) region. The Ripple president intends to talk about much more on Jan. 28 on X Spaces. Excited…
South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture
Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on countries to adopt or add Bitcoin to their respective reserves. Speaking at a panel discussion at the ongoing World Economic Forum in Davos, Switzerland, Kganyago questioned why the lobbyists are focused solely on having Bitcoin added to reserves and not other assets. According to a…
Retro game publisher Atari is releasing 500 limited-edition physical patch packs through DYLI, a new blockchain-powered collectibles marketplace built atop Abstract Chain, a soon-to-launch Ethereum layer-2 scaling network. The drop marks the iconic gaming pioneer’s latest step into Web3 commerce. Each pack will include one of seven new Atari patches or two vintage designs from the 1980s, the company announced on X. The packs are priced at $15 each, with select packs set to contain bonus items such as stickers and gift cards, with one pack featuring a special item signed by Atari founder Nolan Bushnell. The release builds on…
Bitcoin Exchange Upbit Announces It Will List This Altcoin On Its Spot Trading Platform! Here Are The Details
Upbit, a leading global digital asset exchange, has announced its upcoming support for Animecoin (ANIME) trading on the KRW, BTC, and USDT markets. Upbit Announces Market Support for Animecoin (ANIME) on KRW, BTC, and USDT Markets Animecoin Market Support Timeline Network Supported: Arbitrum One Deposit Opening: January 23, 13:00 Animecoin deposits will be enabled on the Arbitrum One network and users are advised to verify the network before initiating transactions. Deposit and Transaction Instructions Travel Rule Compliance: Deposits made through unregistered virtual asset service providers (VASPs) or without proper “ownership verification” for personal wallets will not be processed. Geçici Alım…
Bitcoin Primed To Hit a Much Higher Price Faster Than People Expect, Says Kevin Svenson – Here’s His Target
Cryptocurrency analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) amid a bounce in the market. In a new video, Svenson tells his 82,000 YouTube subscribers that Bitcoin is primed to break out above a descending trendline after weeks of sideways price action. “I think we’re going to be getting something similar coming up where the market’s going to move much faster than people expect. It’s going to leave people in the dust and it’s going to send us up to a much higher price level. A full continuation of the parabolic trend, giving us another growth spurt…
The cryptocurrency market is famous (or infamous) for its volatility, which can be very rewarding (or punitive) in trading activities. A crypto trader, for example, had a taste of both of the two worlds, going from $270,000 of unrealized losses up to a $4.5 million in unrealized gains – all within a day. This impressive comeback story was first reported by Lookonchain, in a post on X on January 23. The trade was with VINE, a recently launched Solana-based memecoin on pumpdotfun. On that note, pumpdotfun is a platform that became known in Solana (SOL) for hosting thousands of memecoin…
Taiwan government plans to propose a draft law on virtual asset service providers (VASPs) in June 2025
The Taiwan Financial Supervisory Commission (FSC) has revealed plans to propose a draft law on virtual asset service providers (VASPs) in June 2025. The draft will allow Taiwan banks to issue stablecoins for the first time. Although Taiwan’s authorities have not yet approved the stablecoins currently circulating in the market, the country still uses them because they are backed by U.S. dollar assets. All VASP providers are also required to follow the new VASP registration regulations, which took effect this year, and complete the registration process. FSC proposes a draft law on VASPs in June 🇹🇼TAIWAN TO PROPOSE VIRTUAL ASSET…
According to a CoinGecko report, in Q4 2024, the overall trading volume of the top 10 crypto centralized exchanges (CEX) surged, with eight of them recording triple-digit percentage growth. It was also found that the total trading volume for the top 10 exchanges in Q4 was $6.4 trillion, a 111.7% increase from the previous quarter. Binance Maintains Dominance as Top CEX, Despite Declining Market Share At the close of 2024, Binance remained the clear leader in the market, maintaining a dominant market share of 34.7%. The CoinGecko report showed that in December alone, the exchange recorded a substantial spot trading…
Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon. The asset manager, which boasts more than $4 billion in assets under management, announced that the new product, called the “Fasanara MMF Token,” or FAST, is now available on Polygon PoS (ex-MATIC). Fasanara partnered with Chainlink, Apex Group, Tokeny, and Fireblocks to launch FAST, according to an announcement on January 21. FAST combines the benefits of traditional money market funds with blockchain technology, with Polygon PoS playing a critical role in enabling scalability and real-time settlement. The launch is part of a larger trend of…
At press time, bitcoin’s market capitalization is $2.03 trillion, and its current price is cruising along at $102,536 to $102,739 in the last hour. Its 24-hour trading volume is $62.38 billion, and its intraday price has fluctuated between $97,532.25 and $102,629. Bitcoin Bitcoin‘s daily chart reveals a period of tight consolidation around the $102,000 mark, following a rebound from a low of $87,119 and a high of $108,364. The pattern of higher lows indicates a continuation of bullish momentum. Both exponential and simple moving averages (EMAs and SMAs) across all timeframes suggest favorable conditions for buying. Resistance remains firm at…