Author: NBTC
In the rapidly evolving and complex Web3 landscape, IOTA has introduced iotalabs, an independent brand within the IOTA ecosystem with a primary focus on building and growing the ecosystem. Iotalabs believes that a thriving ecosystem depends on a balance of all key elements for sustainable growth — technical innovation, community engagement, developer support, targeted incentives for developers and users, strategic partnerships, and robust infrastructure — each contributing to and reinforcing the others to facilitate rapid scaling. Iotalabs represents a major step toward building a brand and organization that can strengthen all critical elements of ecosystem growth. Iotalabs is dedicated to…
Everyone in the crypto ecosystem is well aware about the legal saga between Ripple Labs and the SEC. This lawsuit took a turn this week when a lead plaintiff filed an appeal challenging the court’s recent decisions favoring Ripple. This adds another layer of complexity to the case. Let’s explore what is new in the lawsuit. A New Chapter in the XRP Saga The lead plaintiff, Bradley Sostack, isn’t ready to give up. He recently filed an appeal with the U.S. Court of Appeals for the Ninth Circuit. This move contests major decisions made on November 15, 2024, by a…
Arkham Exchange, a well-known cryptocurrency exchange platform, recently made an announcement on their X platform stating that they are listing Ripple’s XRP on both Spot and Perpetual trading pairs. The trading is set to go live today, December 13, at 12:00 PM EST. This XRP listing, according to the community members, will lead to a significant price surge for the XRP token. ANNOUNCING NEW EXCHANGE LISTING: XRP XRP will be added to the Arkham Exchange, for both spot and perpetual pairs. Trading will go live at 12pm EST today. pic.twitter.com/8Bjtw1Lf7a — Arkham (@arkham) December 13, 2024 XRP Price Affected by…
This is a segment from the Empire newsletter. To read full editions, subscribe. It goes without saying: What’s good for bitcoin is good for bitcoin ETFs. No surprise then that almost $10 billion net has now flowed into US-listed spot funds since Trump’s win — about 83% going to BlackRock’s IBIT. Some ETFs are still doing better than others. To be clear: Share prices for the ETFs, by design, closely track the price of bitcoin. But share prices don’t reflect whether the funds themselves are up or down on their bitcoin purchases to date. Blue is IBIT, orange is GBTC.…
Tron Network’s revenue grew 170% year-on-year, reaching $7.28 million. Increased DeFi and stablecoin transactions boosted Tron’s user base and activity. Tron Network has achieved impressive growth in 2024, as reported by monitoring platforms TechFlow and Lookonchain. As of mid-October, the network recorded a revenue of $7.28 million, a significant 170% increase compared to the $2.69 million generated during the same period last year. This surge in revenue reflects the rising adoption of the Tron ecosystem, which is expanding its footprint in the blockchain space. On October 15 this year, #TronNetwork’s revenue was $7.28M, compared to $2.69M last year, a 170%…
In the latest development, Ukraine is poised to legalize cryptocurrency by the first quarter of 2025. However, while the country aims to regulate the industry, it is unlikely to offer tax exemptions for cryptocurrency transactions. Danylo Hetmantsev, the head of Ukraine’s Parliamentary Committee on Finance, Tax, and Customs Policy, noted that a parliamentary working group is finalizing the first reading of a draft law on cryptocurrency. He expressed confidence that the text, developed in collaboration with the National Bank and the International Monetary Fund (IMF), will be ready shortly after the New Year. They aim to pass this legislation and…
Popular Memecoin, BabyDogeCoin has recently filed an application for its listing on Coinbase, one of the leading cryptocurrency exchanges. The BabyDogeCoin team shared the screenshot of their application and playfully asked “Hey Coinbase and CoinbaseAssets, did you get out listing application, or should we bark louder?” Baby Doge teasingly Inquire About its Listing (Source: X Post) Coinbase’s Response to BabyDoge’s Listing Application In response, Coinbase’s support account acknowledged the application, stating, “Our team will look into this. Thank you!” This news has sparked excitement in the community, with many speculating that the Coinbase listing could cause significant price surge. BABYDOGE/USDC…
According to Chainalysis’ Geography of Cryptocurrency Report 2024, Colombia has emerged as a major player in the regional cryptocurrency environment. The country ranked fourth in Bitcoin transactions, having amassed more than US$6.788 billion during the same period. The latest increase in Bitcoin’s value, surpassing a critical milestone of US$100,000, coincided with a government declaration by the newly elected president Donald Trump. This development caused waves in global markets, increasing valuations for corporations with Bitcoin holdings and raising the cryptocurrency assets of countries like El Salvador. However, the consequences of this increase go beyond the bounds of established economies and wealthy…
Dogecoin Price Surges 10% as Elon Musk’s ‘Department of Government Efficiency’ Gains Traction
Dogecoin’s price increased by 10% in 24 hours, reaching over 12 cents, driven by social media buzz on X and speculation about further endorsements from Elon Musk. Elon Musk’s $75 million donation to a political action committee supporting Donald Trump’s campaign may have helped spur interest in DOGE. Musk has proposed a “Department of Government Efficiency,” which aligns with the DOGE acronym. Dogecoin (DOGE) prices jumped 10% in the past 24 hours, perhaps driven by social chatter on X and expectations of a bigger Elon Musk endorsement in the months ahead. While crypto prices in general are higher – including…
Argentine President Javier Milei delivered a speech detailing his administration’s plans for its second year in office. The leader stated that he would slash 90% of national taxes, implement a currency competition scheme, and even introduce nuclear energy to the country. Milei Year Two: Nuclear Energy, Tax Reduction, and Free Currency Circulation Argentine President Javier Milei, a self-proclaimed “anarcho-capitalist,” has laid his administration’s plans for his second year in office. Milei, who found a devastated economy when coming into office, has achieved a surplus for the first time in 123 years, taking the reins of monetary issuance and leading it…