Author: NBTC
Japan’s Financial Services Agency (FSA) is proposing a new business category for enterprises dealing with stablecoins and virtual assets. Under the new system, “intermediary” or “brokerage” businesses involved with crypto and stablecoins could face less stringent legal requirements than is currently the case, where they are forced to register as crypto exchanges. According to a Nov. 21st report from Nikkei, and video footage of a meeting, Japan’s FSA could be removing restrictions for businesses that wish to deal with stablecoins and crypto. Currently, even businesses acting as intermediaries must technically adhere to strict guidelines (according to law) and register as…
The Open Network (TON) Foundation has awarded a $500,000 grant to blockchain innovator HOT Labs to revolutionize the gas-free memecoin ecosystem. The TON Foundation is a key player in developing The Open Network (TON) while Hot Labs is the hub for innovative blockchain developers. The grant from the TON Foundation aims to fund the creation of a groundbreaking platform for deploying and operating meme coins. It signals a major step forward for TON’s ecosystem and its growing community of crypto enthusiasts. Hot Labs Revolutionizing Web3 with Seamless Blockchain Innovation HOT Labs is founded by blockchain veterans Petr Volnov and Yuriy…
Bitcoin (BTC) is approaching a crucial price range, one that analysts say will be the first real resistance test. The cryptocurrency surpassed $69,500 on October 21, crushing the level last seen in late July when Bitcoin-friendly U.S. presidential candidates Donald Trump and Robert F. Kennedy gave highly anticipated speeches at the Nashville Bitcoin Conference. Despite the sustained upward momentum, there has been growing speculation in the futures market as open interest surges to new highs. Bitcoin’s Price and Trump’s Election Odds A report by the crypto exchange Bitfinex revealed that market participants are speculating about a correlation between bitcoin’s price…
Solana-based token deployer, Pump.fun, has achieved a major milestone with its total revenue surpassing 1 million Solana. This figure, valued at around $188.5 million, brings Pump.fun close to claiming the $200 million revenue mark. Launched in January, the platform has seen rapid growth, reaching the $100 million milestone last month, in just 217 days. Pump.fun revenue | Source: Dune As reported by crypto.news, this revenue surge made Pump.fun the fastest application in the crypto scene to claim a revenue of $100 million. Since then, revenue has grown by another $88 million. The recent growth spike has been driven by two…
An advisory committee of the Commodity Futures Trading Commission has voted in favor of allowing tokenized assets to be used as collateral for margin trading. The CFTC’s Global Markets Advisory Committee forwarded the recommendation around these blockchain or distributed ledger technology assets via its digital assets markets subcommittee, according to a press release on Nov. 21. The proposals will now proceed to the full GMAC Committee, with the next steps to be determined by the CFTC, the U.S. derivatives markets regulator. This development could lead to tokens of money-market funds like BlackRock’s BUIDL and Franklin Templeton’s FOBXX being used as…
There has been a dramatic retracing on the cryptocurrency market, with Bitcoin momentarily falling below the crucial $67,000 mark, leading to extensive liquidations. The liquidation of over $193 million in positions, the majority of which were long positions, suggests that the bullish momentum may be waning. Following its recent surge, traders are beginning to cash out or face forced liquidations, indicating hesitancy on the part of Bitcoin, which is frequently referred to as digital gold. According to the liquidation heatmap, Bitcoin comes in second, with $46.75 million in liquidated positions, while Ethereum leads with $57.43 million. This indicates that there…
Artemis Coin ($ARTMS) raised $680,000 during its presale phase, which marks a most important milestone that proves strong investor confidence and market validation. This achievement positions Artemis Coin as a notable player in the digital currency space. The project sets a new standard for presale success with listings on seven major cryptocurrency exchanges. These strategic collaborations along with Artemis Coin’s multi-blockchain support and e-commerce integration plans show how the project aims to expand in the market. Cryptocurrency enthusiasts and investors will learn about the secured exchange partnerships, tokenomics structure, and the project’s future roadmap in this analysis. Artemis Coin’s Presale…
Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit. With Gensler out, many in the XRP community are celebrating, as they see it as the end of one of the biggest hurdles to XRP’s success. There’s growing speculation that the SEC is calling an emergency meeting regarding the Ripple settlement, with some reports linking it to mounting pressure from former President Donald Trump. It’s speculated that the…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
There are various hypotheses circulating that imagine a crash in the price of Bitcoin today or in the coming days. In fact, in recent days it has fallen, probably due to a trend reversal, but these are still almost irrelevant movements in the medium/short term. A negative signal for the price of Bitcoin The possible crash of today’s Bitcoin price The decline in the price of Bitcoin Bull run around the corner after today’s Bitcoin price crash? The Dollar Index A negative signal for the price of Bitcoin In particular, yesterday the charts showed a clear negative signal for the…