Author: NBTC
The SEC’s ongoing legal battle with Ripple over its XRP token is that it is overreaching to regulate the crypto space while leaving more pressing issues such as the Sam Bankman-Fried. Focusing on Ripple could be a concerning precedent for future digital asset regulations in the U.S. This battle between the US Securities and Exchange Commission and Ripple Labs is so important in the crypto world that many are concerned with the regulations by the U.S. government toward its digital assets. SEC’s focus on Ripple while overlooking bigger issues Fox Business Reporter Charles Gasparino was critical of other high-profile cases…
Qubic, a layer-1 blockchain protocol that strives to make a big impact in the cryptocurrency landscape using AI technology, announced a groundbreaking strategic partnership with WagMI Hub. The partnership between Qubic and WagMI reflects a common dedication to advancing technology within the digital asset landscape. WagMI is a cross-chain platform that empowers meme coin investors and traders by blending enhanced user engagement and active communities. It’s a platform where everybody can earn, have fun, and feel a true sense of community in the rapidly growing memecoin landscape. 🔵Qubic x @WagmiHub🔵Qubic has entered into strategic partnership with WAGMI HUB – the…
Asset managers are turning to new derivatives-based Bitcoin ETFs to help cautious investors navigate the crypto’s notorious price swings. U.S. asset managers have filed plans with regulators to launch Bitcoin (BTC) exchange-traded funds that use derivatives to eliminate or at least minimize potential losses in an effort to attract cautious investors seeking exposure to the crypto market with reduced risk. According to a Financial Times report on Monday, Dec. 2, the proposals include a range of “buffered” and “managed floor” strategies, which reduce risks by protecting investors from big losses but limit how much profit they can make. Calamos Investments,…
The US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) popped more than 4% today, extending their winning streak to four straight days. This comes after a Christmas post by retail investor icon Keith Gill “Roaring Kitty” that sent the stock soaring, continuing its wild 2024 run. The video game retailer has skyrocketed over 77% this year, making it one of the most watched stocks in the market right now. The surge has caught the attention of traders, adding even more fuel to the already hot market. Crypto-linked stocks,…
In a noteworthy display of expertise in crypto trading, a well-known whale has gained substantial profits from the digital token $INJ. As per Onchain Lens, an on-chain data and analytics firm, the whale obtained a remarkable profit of $1.78M by accumulating $INJ coins in Coinbase. The analytics provider took to social media to disclose this development. After accumulating $INJ from #Coinbase for the last 3 months, the whale has deposited them back to #Coinbase.The whale accumulated 124,558 $INJ worth $2.3M. Currently, these $INJ are worth $4.06M, resulting in a profit of $1.78M.Wallet:… pic.twitter.com/7vBBkeRgtO — Onchain Lens (@OnchainLens) December 8, 2024…
The U.S. Treasury’s sweeping IRS rule forces crypto platforms to track and report all transactions, igniting fierce industry backlash and looming legal battles over its survival. US Treasury Expands IRS Reach – Crypto Industry Faces Full Reporting Rule The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have finalized sweeping new regulations for brokers facilitating digital asset transactions, scheduled for publication in the Federal Register on Dec. 30. The new rule mandates brokers, including certain decentralized finance (defi) platforms, to track and report user activity, covering sales of all digital assets, including non-fungible tokens (NFTs) and stablecoins.…
Mirada AI has announced the addition of Bitgert to its ecosystem. Bitgert is a crypto project that is growing fast with a low gas fee blockchain and other features like the centralized exchange (CEX). This news was shared through the official X account of Mirada AI. Thrilled to welcome Bitgert to the Mirada AI ecosystem!@bitgertbrise is a rapidly expanding crypto project that boasts a low gas fee blockchain, CEX and a lot more!Bitgert will be added to the Mirada AI Hub and given a featured placement in our AI Search tool!Stay tuned for… pic.twitter.com/L73J613gOb — Mirada AI (@miradaai) December 27,…
The name “Bitcoin,” unveiled by Satoshi Nakamoto in 2008, perfectly encapsulates the fusion of digital innovation and timeless value, solidifying its place as a financial and cultural icon. ‘Bitcoin’: A Name That Echoes Through Time The name “Bitcoin” was first introduced by Satoshi Nakamoto on Oct. 31, 2008, through the now-famous Bitcoin white paper. This Halloween revelation not only marked the beginning of a new era in digital currencies but also highlighted the brilliance behind the name itself. Simple yet profound, “Bitcoin” encapsulates the technology’s essence, its functionality, and its visionary appeal. The name combines two foundational concepts. “Bit” represents…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. I sit reflecting on the year and what has transpired, especially in relation to the recent FOMC meeting that surprised hawkish and shocked markets. Over one year it felt like we’ve been through five different versions of the Fed. In the winter of 2024, the Fed got spooked by surprisingly elevated inflation prints in the first quarter. This led them to reverse their dovish inclinations they had set up in the fall of 2023. Then, in June, the FOMC surprised the market with a hawkish dot…
It was March 14, 2021, when Elon Musk wrote on his official Twitter profile that he is getting a Shiba Inu. I’m getting a Shiba Inu #resistanceisfutile — Elon Musk (@elonmusk) March 14, 2021 Although that post referred to a dog, the hashtag added by Musk rather clearly suggested that he was also referring to the namesake cryptocurrency. The rise of Shiba Inu also thanks to Elon Musk The decline The recent boom Elon Musk and the crypto beyond Shiba Inu The rise of Shiba Inu also thanks to Elon Musk The first memecoin ever created is Dogecoin, launched in…