Author: NBTC
Shiba Inu lead Shytoshi Kusama calls attention to a new tournament on Shiba Eternity, with participants eligible to win BONE rewards and SHIFU airdrop. In an X post yesterday, Kusama announced the latest competitive event for Shiba Eternity, Shiba Inu’s collectible card game (CCG). According to him, Shiba Eternity gamers will compete for two different rewards, such as a prize pool of 500 BONE tokens and SHIFU airdrop points. While the team would distribute the 500 BONE tokens among the winners of the new Shiba Eternity contest, participants will also earn points, boosting their eligibility in the SHIFU airdrop. For…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. While some continue to hope that the upcoming Trump-era SEC will wave its magic wand and dismiss pending lawsuits against multiple crypto firms, Coinbase was just handed a win. The exchange, which the SEC sued in 2023, yesterday won its motion for an interlocutory appeal on whether crypto assets constitute investment contracts. The ruling is not an end to the case. But it will require the Second Circuit to consider this question, which, Coinbase argued, “could not be more pressing” in “numerous cases pending…across the country.”…
Coinbase Assets announced that it is licensed by the New York Department of Financial Services (NYDFS) to engage in Virtual Currency Business Activity. Coinbase Assets’ new offerings are now live to New York residents, and they entirely consist of coins with a proven track record. NYDFS Gives Green Light to Coinbase Assets Over the past years, Coinbase has faced continued regulatory hurdles in offering many of its products in New York. However, according to today’s announcement, the exchange has received a license from the state’s Department of Financial Services. This is a major regulatory win for the exchange, as it’s…
Ethereum Layer 2 solutions are kicking off 2025 with remarkable momentum, as the number of weekly active addresses climbs to 10.18 million. The present figure marks a 6.84% increase compared to the previous week. Accordingly, this surge brings Layer 2 engagement close to its all-time high, reflecting the growing adoption of these scaling solutions. According to data from GrowThePie.xyz, Layer 2 platforms are now handling 5.19 times the transaction volume of the Ethereum mainnet. Ethereum L2s Leading the Activity Ranking Among the Ethereum Layer 2 solutions leading this charge are the Base blockchain by Coinbase, Arbitrum, Taiko, and Optimism. Regarding…
The financial market of 2024 feels like it’s having an identity crisis. Structured and disciplined on one side, chaotic and high on adrenaline on the other. On one hand, we’ve got benchmark stock indexes like the S&P 500 and the Dow, climbing steadily and showing off their quiet strength. On the other, Bitcoin is on a rampage, throwing caution to the wind and pushing closer to $100,000. The S&P 500 has been all business lately. After the post-election buzz took it to a 25% gain for the year, the index cooled off just enough to test its October highs. Last…
Prominent crypto analyst Ali Martinez suggests that Ethereum could be set to kick off an explosive rally. Like most crypto assets, Ethereum, the second largest crypto by market capitalization, has had a wild start to the year. After an initial rally in the first week, the asset is back in the red, trading just below its 2025 opening price of $3,330.52. However, one analyst has now suggested that Ethereum’s recent price action could be fulfilling a pattern that might lead to an explosive price rally. Ethereum to $7K? Prominent crypto analyst Ali Martinez has suggested that Ethereum could be set…
Asia dominates the global cryptocurrency market, accounting for 60% of worldwide crypto users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings. Five Asian nations, including India, Indonesia, and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index. Asia Leads in Global Crypto Adoption The report highlights Asia’s escalating crypto adoption, largely fueled by centralized exchanges (CEXs) and price-sensitive communities. Asian users generate 37.1% of global traffic to CEXs, securing the top position in this category. Meanwhile, North America leads in decentralized exchange (DEX) usage. Oceania contributes…
Memecoins may be fun, but Solana needs substance. While the blockchain’s speed, low fees, and scalability have fueled an explosion of memecoins, capturing retail traders and driving community engagement, the long-term health of the ecosystem depends on more than fleeting hype. Real-World Assets (RWA) present a transformative alternative and offer sustainable growth and real-world value. In early 2024, RWA emerged as the second most profitable crypto narrative, delivering an impressive 285.6% return. For a brief moment in February, it even surpassed memecoins. RWA has been gaining further popularity and is emerging as one of the main narratives of the upcoming…
The search is on. With Rostin Behnam stepping down as Chair of the Commodity Futures Trading Commission (CFTC) on January 20, President Trump is hunting for someone to reshape the agency into a crypto-friendly powerhouse. Behnam’s exit leaves a vacuum in one of the most important regulatory bodies overseeing U.S. financial markets. Trump’s decision could change how America handles its $3.5 trillion crypto market for years to come. The CFTC regulates a mind-blowing $500 trillion in trading activity across derivatives and commodities. But when it comes to crypto, its role has been muddled. For years, the CFTC has wrestled with…
Alchemy Pay, a frontrunner in the provision of crypto solutions, has announced another registration. As per Alchemy Pay, it has effectively registered with the Financial Transactions and Reports Analysis of Canada as a Money Services Business, expanding its presence in the North American region. The platform took to social media to reveal this exclusive registration. Alchemy Pay Secures Registration in Canada, Moving Further to Expand Reach in North America Alchemy Pay disclosed that its registration with the FINTRAC of Canada as an MSB contributes to progress in its expansion strategy for North America. The respective registration clarifies that the platform…