Author: NBTC
President-elect Donald Trump has nominated David Sacks as his White House AI and Crypto Czar. Who is David Sacks and what is his stance on Bitcoin and crypto? Who is David Sacks? David Sacks is a South African-American entrepreneur and investor recognized for his influential roles in the tech industry. He was born in Cape Town, South Africa, into a Jewish family and relocated to the US at the age of five, where his family established roots in Tennessee. Growing up, Sacks was inspired by his grandfather, who started a candy factory in the 1920s. Although he did not initially…
Circle, the issuer of the USD Coin stablecoin, has partnered with Pockyt, a global payments platform, to offer USDC-based pay-in and payout solutions for merchants worldwide. This collaboration also incorporates Circle’s programmable wallets, creating a “Web2.5” hybrid approach that bridges traditional financial systems with blockchain-based innovations. The partnership aims to streamline cross-border transactions using USDC (USDC), a stablecoin pegged 1:1 to the U.S. dollar and backed by liquid reserves. By integrating USDC, Pockyt enables merchants to benefit from faster and more cost-effective payment methods compared to traditional systems. We’ve teamed up with @pockytio to empower merchants with $USDC and Programmable…
Cryptocurrencies usually get the headlines due to price action, market movements, or scams, but the technology goes far beyond that. The blockchain has the power to revolutionize many segments of our society and life, such as travel and trivial payments. In particular, two startups – built on Algorand (ALGO) – are using blockchain to innovate on airline tickets and energy bill payments. These startups are TravelX and HesabPay, featured in the Algorand Foundation’s new campaign “Algorand Can” as evidence of what blockchain technology can do in the real world, especially when using ALGO’s infrastructure. Essentially, Algorand is a blockchain platform…
Exactly 14 years ago, a user on the legendary Bitcointalk forum asked whether or not it would be actually safe to invest $1,000 in the then-fledgling cryptocurrency. Back then, the cryptocurrency was changing hands at just $0.10. Pete Rizzo, a prominent Bitcoin historian, has estimated that a positive decision could have resulted in an eye-popping gain of $600 million. As reported by U.Today, it has been more than 15 years since Bitcoin acquired its initial exchange rate on the New Liberty Standard Exchange. In early October 2009, it was worth just a fraction of a cent. The initial price of…
Ethereum (ETH) price is now 19% below its all-time high, with the potential to reach $4,000 for the first time since March 2024. Key metrics, including a rising 7-day MVRV and increased whale accumulation, highlight growing bullish sentiment around ETH. If ETH breaks through the $4,000 level, it could begin a surge toward its previous high of $4,867, though failure to sustain this rally might result in a retest of key support levels. ETH 7D MVRV Shows Ethereum Price Could Rise More Ethereum 7-day MVRV has climbed to 6.1%, up significantly from 0.28% just two days ago. This sharp increase…
Crypto investment products firm 21.co plans to split its business into two separate entities as it transitions to a new operating structure. Effective Jan. 6, 21Shares, the crypto exchange-traded products issuer, will operate independently from 21.co Technologies, which will focus on tokenized assets, risk management, and other solutions in the crypto space. Despite this separation, 21.co will remain the holding company for both entities. You might also like: Crypto ETP giant 21Shares urges European regulator to bring regulatory clarity According to the company, the decision to have 21Shares and 21.co Technologies operate as separate entities will allow it to prepare…
A tweet recently highlighted a subtle but significant change at Binance: XRP is no longer referred to as “Ripple” on the exchange. The change, noted in a comparison of screenshots from October 17 and today, signals a shift in branding that has been catching the attention of the crypto community. 🚨 Something has changed at Binance: #XRP is no longer called Ripple on the crypto exchange! Pictures are from October 17 & today 👀 pic.twitter.com/kyvFFLvMQ7 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) October 21, 2024 Understanding the Difference Between XRP and Ripple XRP and Ripple are often mistakenly used interchangeably, but they serve distinct…
A video of David Sacks commenting on the July 2023 ruling in the SEC v. Ripple lawsuit goes viral within the XRP community after his appointment as White House AI and Crypto Czar. Famous XRP community figure Cowboy shared the video on X immediately after U.S. President-elect Donald Trump appointed Sacks as Crypto Czar. Sacks Says Ripple Won SEC Lawsuit Sacks commented on the Ripple/XRP verdict during his appearance on the All-In Podcast on July 14, 2023, a day after Judge Torres released her summary judgment decision. During the podcast, Sacks pointed out that Ripple won the lawsuit, indicating that…
Uniswap Sees Increased Inflows and Wallet Profitability as Investors Consider Profit-Taking Options
The recent surge in Uniswap’s price showcases a significant shift in market dynamics, particularly following Bitcoin’s remarkable rally that has drawn investor attention. The robust performance of Uniswap (UNI) has resulted in over 60% of its investors enjoying profits, highlighting the altcoin’s resurgence in a competitive market. “The increase in wallet profitability may trigger profit-taking actions, potentially impacting UNI’s price trajectory,” stated a market analyst from COINOTAG. Uniswap’s price surge and increasing wallet profitability signal a bullish trend in the crypto market, with traders poised for potential profit-taking actions. Uniswap Exchange Inflows Surge to New Heights Uniswap exchange inflows saw…
Talus Network has partnered with Tria to enhance blockchain interoperability through intelligent cross-chain interaction solutions. The collaboration integrates Talus’s AI-powered agents with Autonomous Virtual Swap (AVS), aiming to simplify and optimize decentralized operations. Talus 🤝 @useTriaWe’ve partnered with Tria to unlock new possibilities and interactions for efficient and intelligent cross-chain Talus AI Agents with Tria’s innovative BestPath AVS.Together, we’re building smarter, faster, and more decentralized ecosystems 🌐 pic.twitter.com/mP8IfsXawK — Talus (@TalusNetwork) December 5, 2024 The growing number of blockchain networks has led to operational silos, making cross-chain transactions complex and inefficient. Users need help managing multiple wallets, dealing with various…