Author: NBTC
The price of Binance Coin (BNB) has reached an all-time high with the opening of a new trading session on the crypto market. Trading at $793.86 per token, BNB has surpassed its 2021 high, and right now we can say that it has entered the price discovery phase. Against this backdrop, Changpeng Zhao, known as CZ, the former head of Binance until U.S. regulators cracked down on both the exchange and the crypto businessman himself, made a comment. Zhao wrote that his opinion on Binance remains the same – “ready to build.” In addition, the entrepreneur issued a warning not…
WASHINGTON, Jan 3 (Reuters) – A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but did not order them to stop providing banking services to crypto companies contrary to industry complaints of widespread “debanking,” according to documents released on Friday. A judge ordered the Federal Deposit Insurance Corporation to provide versions of supervisory “pause letters”, opens new tab it sent to unidentified banks after History Associates Incorporated, a research firm hired by crypto exchange Coinbase (COIN.O), opens new tab, sued the agency to release them. The FDIC first released the letters in December…
Analyst Apsk has weighed in on the timeline for Bitcoin to attain a $150K market top consistent with the previous cycle. The Bitcoin market has turned bearish again after an unsuccessful attempt to break the $100K price level. Just yesterday, Bitcoin was priced at $98,935, but it has dropped by 7.5% at press time to $91,500. With this bearish performance sparking concerns, analysts now reassure market participants that Bitcoin is still far from its cycle top. In a post today, Apsk, an engineer and Bitcoin analyst, revisited patterns from Bitcoin’s past cycles, suggesting that the current cycle is still in…
The world of cryptocurrencies is no stranger to unexpected trends. Among them, few have been as impactful and entertaining as the rise of animal-inspired memecoins. CoinGecko’s recent coverage of Peanut the Squirrel ($PNUT) reveals the fascinating dynamics behind these tokens. Animal-themed memecoin, $PNUT has outperformed competitive memecoin by showing a significant rise of 135x than $DOGE, rolling out $1 billion in 11 days. Memecoins are built on a foundation of humor, community, and viral storytelling. The memecoin, $PNUT, has captivated investors by achieving astronomical growth in record-breaking time. $PNUT Leads the Pack of Animal Memecoins, CoinGecko Report P$NUT’s journey to…
As we enter the new year, cryptocurrency has been enjoying a thriving environment, with every angle turning out in its favor. From Washington, D.C., to Silicon Valley, cryptocurrency has been floating on untested waters as the new administration is taking shape. As the pro-crypto president-elect has yet to assume office, the future of digital assets looks promising, with some key administrative offices taking shape. The Securities and Exchange Commission is having a new nominee for chairperson, who is also pro-crypto. Besides, there will also be a new AI and crypto czar. Although the new administration is creating a promising environment,…
Bitcoin’s journey continues to dominate market conversations as it approaches the critical $100,000 psychological milestone. On CNBC, industry experts Todd Rosenbluth and Dan Egan assessed the changing role of Bitcoin and the cryptocurrency markets as the year comes to a close, discussing institutional adoption, retail participation, and future trends. Rosenbluth noted the significant progress made in the area of Bitcoin ETFs, particularly in 2024. This year, groundbreaking products like BlackRock’s iShares Bitcoin Trust have been launched, leading to increased institutional interest. The availability of options tied to Bitcoin ETFs, which began trading on Nasdaq last week, has opened up new…
Ripple has taken over the crypto community with reports circulating about the imminent launch of its new stablecoin, RLUSD. According to sources from BSCN Insider on Telegram and Cointelegraph, the launch is expected to happen today. However there has been no official confirmation from Ripple at this time, leaving the crypto community anticipated. BSCN Insider claims RLUSD to be launched today (Source: Telegram) Cointelegraph claims RLUSD to be launched today (Source: X Post) No Official Word Yet, But Hype Builds Despite the buzz, Ripple has not made any public announcements regarding the stablecoin RLUSD launch. The lack of confirmation has…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. You already know a bunch of pro-crypto political candidates won their elections in November. Today marks the start of seeing what that will mean. Well, sort of. The Republican-led House gathered just hours ago to begin voting on whether to re-elect Mike Johnson as its speaker. So there’re some other things to deal with before crypto-related matters take center stage. But it appears they will eventually, with crypto market structure and stablecoin legislation expected to gain attention in the coming months. As mentioned yesterday, Rep. French…
With Bitcoin just shy of the $100,000 milestone, are profit-takers controlling the market, or is this a setup for another massive rally? Table of Contents BTC cools off What’s really happening with Bitcoin? Experts shed light on BTC’s path What to expect next? BTC cools off Bitcoin (BTC) has had an exciting run recently, but it seems the party is taking a breather. After coming tantalizingly close to the $100,000 mark, the world’s largest crypto by market cap is cooling off. As of Nov. 26, Bitcoin is trading around $94,300, marking a 3% drop in the last 24 hours. This…
In an impressive display of market timing, cryptocurrency whales are reaping significant profits by trading on the burgeoning trend of Real-World Assets (RWA). The focus on cryptocurrencies like $ONDO and $LINK has shown exceptional returns, with price surges of 52% and 35% today. The movements suggest strategic trading behaviour linked to these specific assets. Whales appear to be cashing in big profits on the Real-World Assets (#RWA) trend as $ONDO (+52%) and $LINK (+35%) soar today!1/ Whale “0x992” deposited 500,736 $ONDO ($815K) to #Coinbase for a $294K profit (+56%) ~4 hours ago, leaving 2M $ONDO ($3.22M) with an unrealized $1.46M……