Author: NBTC
The Digital Administrative and Financial Reform Council recently held its eighth meeting in Japan, and the resulting documents paint a picture of digital rulership utilizing AI, drones, NFTs, robots, massive cloud-based data sharing, and even medical check-ups at train stations. As the Western world dives further into infatuation and confusion over US politics with the latest, backtracking Trump cabinet appointments, Japan’s government is quietly but coercively pushing to upload the whole nation into a cloud-based rel=”nofollow” target=”_blank”>released a document detailing their discussion, which reads like a page out of a Sci-Fi novel. For some, repeated references to local digital currencies…
The BRICS alliance is taking steps to reduce the global primacy of the US dollar in international trade, potentially providing significant support to Bitcoin (BTC). The BRICS—comprising Brazil, Russia, India, China, and South Africa—recently expanded its ranks to include Iran, Egypt, Ethiopia, and the United Arab Emirates. Together, these countries account for more than a third of the world’s GDP and are now exploring alternative international payment systems. Country delegates met this week and agreed to move away from the dollar-based Swift system and instead develop a payment system based on national currencies. While Bitcoin is unlikely to become the…
The crypto markets are entering what could be one of the most volatile weeks of 2024, with major US economic events on the horizon. As analysts brace for increased market swings, crypto airdrops might offer investors a way to benefit without upfront investments. Airdrops distribute free tokens, often as a strategy to gain followers and expand a project’s user base. This week, five notable airdrops are worth keeping an eye on. Confidential Layer Confidential Layer advertises itself as the first decentralized protocol linking public and privacy blockchains. It operates as a non-custodial cross-chain protocol, offering a bridge between public and…
British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts. The British government plans to roll out crypto regulations by December, aiming to retain firms tempted by a pro-crypto stance in Trump’s U.S. The Treasury is particularly expected to introduce two pieces of legislation, focusing on stablecoins and adjusting current regulations to exclude crypto staking from certain financial rules, Bloomberg has learned, citing sources close to the matter. The expected legislation will allow the Financial Conduct Authority, the country’s financial regulator, to draft rules on…
Today, Emory University has reported a substantial investment in Grayscale Bitcoin Mini ETF. The university has invested more than $15 million in this Bitcoin ETF investment product. Moreover, it became the first U.S. university to report its exposure into Bitcoin. Grayscale Bitcoin Mini ETF Gains Major Investment According to an SEC filing dated October 25, he Emory University reported owning $15,082,241 worth of shares (2,678,906 shares) as of September 30. This highlights a growing trend among institutional investors embracing digital assets, particularly crypto ETFs. The timing of this revelation aligns with a broader positive sentiment in the spot Bitcoin ETF…
Justin Sun, the founder of Tron has publicly backed Shyane Coplan, the founder of Polymarket, amid an FBI investigation into the betting platform. The FBI executed a search warrant at Coplan’s residence in Manhattan on November 13, and seized all his electronic devices. Justin Sun on his social media platform, praised Coplan’s efforts to promote transparency in U.S. elections, stating that Polymarket had significantly contributed to making the electoral process clearer and more accessible. He emphasized that the platform has provided value to millions during this election cycle without causing harm. Justin Sun Voices his Support for Shyane Coplan on…
Bitcoin price is expected to surge to $500,000 due to increasing demand and reduced supply from recent halving events. Data reveals that large Bitcoin holders are accumulating, a historically bullish signal as demand outpaces retail selling. Analyst Michael van de Poppe anticipates Bitcoin’s next breakout, fueled by bullish market trends and renewed scarcity. Cryptocurrency analyst Michael van de Poppe shared a bullish Bitcoin price prediction on social platform X, suggesting BTC could reach the $300,000-$500,000 range. Regardless, Poppe sees a possible jump from Bitcoin’s recent halving in April, which could make Bitcoin much more scarce. It’s about time that the…
TON Accelerator, an incubation project for The Open Network blockchain, has launched a new program aimed at accelerating innovation and adoption within the TON ecosystem. On Nov. 4, the TON Accelerator team announced the launch of a $5 million program that will see selected projects benefit from strategic support as they build on TON blockchain. Backing the initiative are TON Ventures and Mantle EcoFund. This launch comes as the Telegram-supported blockchain network continues to see significant growth, with a robust crypto gaming ecosystem driving adoption. As the total value locked within TON’s ecosystem grows, bullish outlooks for the Toncoin (TON)…
FBI agents conducted a search on Wednesday at the New York City home of Polymarket CEO Shayne Coplan. The investigation focuses on whether the platform operated as an unlicensed commodities exchange. However, the 26-year-old founder, who is now the subject of a criminal investigation, called this probe a last-ditch effort to go after companies. The raid comes in after the intense scrutiny of Polymarket with allegations that it allowed US users to place bets. It allegedly violated a 2022 settlement with the Commodity Futures Trading Commission (CFTC). The better platform somehow got its prominence during the 2024 US presidential election.…
Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a probe by U.S. authorities. Both Tether and its CEO quickly dismissed the report as merely “regurgitating old noise.” Still, the story had an impact on markets, pushing bitcoin (BTC) below the $66,000 mark at 2:10 p.m. EDT. By 4:59 p.m., the price had regained some ground, hovering in the…