Author: NBTC
The number of first-time $SAFE accumulators is soaring. This surge follows a significant price jump of 73% in just one hour. The spike in interest comes after Upbit announced it would list $SAFE, according to Spot On Chain. The number of first-time $SAFE accumulators is spiking as the price surged 73% in the past hour following #Upbit’s listing announcement!Notably, the top 5 first-time accumulators have purchased 1.356M $SAFE ($2.24M) from OKX, Bybit, and Uniswap in just the past hour, now… pic.twitter.com/cHxtnrXTTn — Spot On Chain (@spotonchain) October 24, 2024 Investors See $150K Gain as SAFE Price Rises 6.7% In this…
The Trump administration is planning to expand the Commodity Futures Trading Commission’s (CFTC) authority to oversee significant portions of the $3 trillion digital asset market, Fox Business reported on Nov. 28. The move would mark a pivotal shift in US crypto regulation, aiming to replace the current enforcement-heavy approach with a more innovation-friendly framework. CFTC to regulate crypto The proposal would assign the CFTC oversight of spot markets for digital commodities, including Bitcoin and Ethereum, which account for about 70% of the global crypto market. The plan also includes regulating the exchanges where these assets are traded. Currently, no single…
In an exciting development, Nextmate.AI has recently commenced a strategic collaboration with a well-known Web3 studio Fanzee Labs. The partnership between Nextmate.AI and Fanzee Labs focuses on redefining the sectors of AI as well as the gamified experiences concerning sports and entertainment. The platform disclosed this endeavor on social media. 🔥Big moves, fam! #NextmateAl is officially linking up with the legends at Fanzee Labs @fanzeelabs!Fanzee Labs is a #web3 studio delivering gamified experiences for sports & entertainment. Building Battles is the biggest prediction market on @telegram! Buckle up for our wildest… pic.twitter.com/9WXGHFKwJI — Nextmate.AI (@nextmate_ai) November 29, 2024 Nextmate.AI’s New…
Bitcoin (BTC) started moving, breaking out of a seven-month downtrend, and indicators suggest the 2024 crypto bull market is back. In this context, a trader highlighted key chart levels to watch while building altcoin positions for the “upcoming bull run.” According to M3zee, traders should carefully look at the Bitcoin Dominance (BTC.D) index chart on TradingView to build positions. In his analysis, M3zee highlights three BTC.D levels that could make a good partial entry point in solid altcoins. “Alright, listen, it’s pretty straightforward. From the chart in front of you, it’s clear that Bitcoin’s dominance is on the rise. We’re…
Sean McBride, Ripple’s former director, has shared his insights on when he believes the price of XRP will take off and the timeline for the launch of XRP ETFs. Recently, XRP community member Kenny Nguyen sought McBride’s opinion on the upcoming RLUSD stablecoin and XRP ETFs. He also inquired about the potential price implications for XRP, specifically asking whether the former Ripple director believes these developments could lead to XRP thriving by 2025. McBride expressed his belief that XRP ETFs could be “landing” as early as next month. This aligns with his previous assertion that an XRP ETF would launch…
Renowned journalist Charles Gasparino, a long-time XRP skeptic, has recently shifted his stance on the Ripple’s native crypto. He cited a potential game-changing political shift in the U.S. government as Donald Trump won the presidential elections this month. Will SEC Discard Ripple Lawsuit Appeal? Gasparino shared on X (formerly Twitter), “The game changer for XRP IMHO is Donald Trump being elected prez. As Chris Giancarlo told me on Fox Business earlier in the week, he believes new SEC will drop the appeal of the part of the Ripple case it lost. My view is that’s very plausible.” Gasparino’s comments come…
Uniswap Labs has unveiled a groundbreaking feature allowing users to bridge assets across nine blockchain networks directly from the Uniswap Interface and Wallet. This highly anticipated feature simplifies the process of transferring assets between chains, eliminating the need for third-party services and ensuring faster, more secure transactions. The move aligns with Uniswap’s long-term vision of enabling effortless cross-chain swaps in a multi-chain future. We made bridging across chains as simple as swappingFast, cheap, and no tab-switching necessary ☺️ pic.twitter.com/ktMDKZsnjW — Uniswap Labs 🦄 (@Uniswap) November 29, 2024 Cross-chain transactions have traditionally been cumbersome, requiring users to navigate external bridges with…
Bitcoin’s price surged above $68,000, prompting liquidations of around $300 million in the past 24 hours, as the cryptocurrency market outperformed traditional financial markets this week. Analysts attribute this rise to a decrease in selling pressure, with Bitcoin gaining more than 4% in the past day to pass the important $68,000 threshold. ETC Group’s Crypto Asset Sentiment Index has returned to neutral after a period of slight downtrend in recent weeks. According to the report published today by ETC Group, the stabilization of net outflows and the easing of selling pressure, especially in Bitcoin, have fueled renewed buying activity on…
The decentralized network, Grass, which rewards users for sharing unused internet bandwidth has announced its GRASS Airdrop One. The airdrop is scheduled to take place on October 28, 2024, at 13:30 UTC. As per its announcement on X, the GRASS Airdrop one “represents a crucial step toward building the first user-owned map of the Internet.” GRASS Airdrop One, one of the most widely distributed airdrops in history, will take place October 28th, 2024 at 13:30 UTC. Airdrop One represents a crucial step toward building the first user-owned map of the Internet. GRASS tokenomics can be found here:… — Grass Foundation…
Hong Kong is preparing to exempt investment gains from crypto and other assets for sophisticated investors, aiming to enhance the region’s appeal as a wealth management hub. A consultation paper from the Financial Services and the Treasury Bureau proposes expanding capital gains tax exemptions to include overseas properties, carbon credits, private credit, and crypto, Reuters reported Thursday. Those exemptions would apply to privately offered funds and eligible single-family office investment vehicles. Thursday’s proposal adds further clarity to Hong Kong’s crypto plans. Still, it is not yet clear when the policy will come into effect should the proposal progress. Hong Kong’s…