Author: NBTC
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely to prompt regulators across Africa to establish rules for the sector, according to Chris Maurice, CEO of the Africa-focused digital asset platform Yellow Card. Maurice stated that the shift in attitude from both regulators and traditional banks gives his company confidence about the future of crypto on the continent. The Yellow Card CEO made these…
BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game. While MicroStrategy’s entire identity revolves around amassing Bitcoin like it’s Pokémon cards, BlackRock takes a more measured, institutional approach. Robert Mitchnick, BlackRock’s head of digital assets, spelled it out clearly: “It’s not BlackRock hoarding Bitcoin; it’s about providing access to a broad pool of investors.” MicroStrategy, led by Michael Saylor, currently holds 450,000 Bitcoin. That’s more than 2% of all Bitcoin in circulation. They’ve spent $62,503 per Bitcoin on average, translating to…
The cryptocurrency market is bracing for a significant week as investors anticipate the Federal Reserve’s next meeting and key inflation data. The markets are bracing for a busy week as the Fed prepares to make its next monetary policy decision at its January meeting on Wednesday. However, traders are pricing in a more than 99% chance that the Fed might keep interest rates steady, according to the CME Group’s FedWatch tool. At its December meeting, the Fed projected only two interest rate reductions in 2025. Along with the Fed meeting, the release of new inflation data will be widely monitored.…
Former Binance CEO Changpeng Zhao (CZ) has addressed rumors about creating a meme coin tied to his name. This comes following the meteoric rise of the TRUMP meme coin, which reached a staggering $75 billion fully diluted valuation (FDV) just one day after launch. Taking to X (formerly Twitter), CZ humorously denied any plans to launch a meme coin. He quipped that “a few other country leaders might be considering it,” given the ease with which TRUMP achieved its $75 billion cap. TRUMP Token’s Market Activity Reaches New Heights The TRUMP token has seen a 25% increase over the past…
Jan 24 (Reuters) – The companies behind the crypto exchanges Kraken and Blockchain.com have joined the dozens of corporations and wealthy individuals that have hired the President Trump-tied lobbying firm Ballard Partners since November’s elections, records show. Founded by lobbyist and Donald Trump fundraiser Brian Ballard, the firm has drawn scrutiny in recent weeks for potentially creating ethical conflicts in the new administration after Trump tapped two of its former partners, Susie Wiles and Pam Bondi, for key positions. Both Payward Inc., which is Kraken’s legal name, and Blockchain (US) Inc., part of the Blockchain.com group of companies, hired Ballard…
The market cap of the AI agent industry has reportedly tumbled massively from its January highs amid news of a cheaper, more efficient new model. According to data collected by cookie.fun, the industry’s market cap, which stood at $10.37 billion at the beginning of the year, has shed more than $4.5 billion since January 6. A 19% slide in the past 24 hours has seen the figure settle — for now — at somewhere in the region of $5.7 billion. Elsewhere, CoinGecko claims that the figure currently sits at a slightly healthier $9.74 billion. However, these figures also point to…
As Ripple continues to scale its operations globally, industry commentators increasingly believe the company is positioning XRP as a critical solution for global financial institutions. Jake Claver, a business leader and consultant, recently highlighted this perspective in a tweet. He cited over $27 trillion sitting frozen in banks worldwide due to inefficiencies in cross-border payments. According to him, XRP is set to change this status quo. In a detailed thread on X, Claver elaborated on how Ripple’s innovations are setting the stage for transforming how money moves across borders with XRP. XRP to Unfreeze $27 Trillion in Idle Capital First,…
Trump bans CBDCs, focusing on blockchain innovation and regulatory clarity in the U.S. digital asset sector. A new U.S. task force will propose a national framework for digital assets, including stablecoins, within six months. The U.S. explores a national crypto stockpile, potentially using seized Bitcoin worth over $20 billion. On 23 January 2024, President Donald Trump issued an executive order that states that Central Bank Digital Currencies (CBDCs) can neither be established, issued, nor used in the United States. This order, known as “Strengthening American Leadership in Digital Financial Technology,” aims to promote blockchain innovation and offer a better understanding…
The Switzerland-based online trading company Swissquote is eying the recent memecoin frenzy to expand its services to users. The added seven meme cryptocurrencies, a term referring to digital assets originating from internet jokes or viral content. “7 new meme coins are available on SQX,” the company mentioned in an announcement from LinkedIn. “Find out how internet jokes can become seriously profitable! Our services vary by country; please check product availability. Investing in digital assets carries a high degree of risk.” The company’s new meme coins include PEPE, Shiba Inu, DOGWIFHAT, Bonk, Floki, Official Trump ($TRUMP), and $MELANIA. According to the…
Solana has beaten other major blockchain networks in stablecoin inflows over the past week, with a $3.13 billion increase in USDT and USDC holdings. This surge, reported by blockchain analytics firm Lookonchain on X, is way ahead of the stablecoin growth seen on other networks, including Ethereum and Tron. This signals a shift in stablecoin capital. In the past 7 days, stablecoins(USDT&USDC) on #Solana increased by $3.13B, and stablecoins(USDT&USDC) on #Ethereum increased by $652M.https://t.co/5LqK4tN0NO pic.twitter.com/Tw3Pd9Euaw — Lookonchain (@lookonchain) January 21, 2025 Data shows that Solana is the top dog among the top 15 blockchain platforms for stablecoin distribution. In just…