Author: NBTC
US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March. This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald Trump over VP Kamala Harris, which many believe could foster a more positive environment for the digital asset ecosystem, ultimately favoring crypto prices. Bitcoin ETFs Inflows And Price Rally According to Bloomberg data, Tuesday’s subscriptions pushed the year-to-date inflows for the group of 12 Bitcoin…
In a recent post unrelated to XRP or blockchain technology, Ripple’s Chief Technology Officer David Schwartz took to X (formerly Twitter) to express his gratitude toward Elon Musk. Schwartz tweeted, “Thanks, Elon (Seriously. This is awesome.),” including a screenshot of a message supposedly from Starlink detailing improvements and additions to its services. Thanks, Elon!(Seriously. This is awesome.) pic.twitter.com/pGWAjJsm5h — David “JoelKatz” Schwartz (@JoelKatz) September 11, 2024 Starlink, a project under Musk’s SpaceX, has been making significant strides in providing high-speed internet access to remote and underserved areas globally. The recent updates are expected to further improve the user experience, which…
Donald Trump has declared his victory in the U.S. presidential election, speaking to supporters in Florida. What will happen to the SEC? Table of Contents America will probably say goodbye to Gensler earlier Possible candidates for the post of head of the SEC What does the crypto community want in the next SEC chairman? Although the official election results have not yet been released, the crypto community is already celebrating Trump’s victory — but not the head of the U.S. Securities and Exchange Commission, Gary Gensler. Gensler has a distinctly negative stance on the crypto market, openly speaking about the…
In a thrilling announcement for the crypto sector, Units.Network has disclosed an exclusive collaboration with Eywa Protocol. As per Units Network, the partnership designates Eywa as its chief liquidity bridge through the CrossCurve platform for seamless liquidity. The platform took to social media to provide further details about this endeavor. If you’re done with the election buzz, here’s some truly exciting crypto news!Units x Eywa Partnership 🚀@eywaprotocol, a cross-chain liquidity protocol, will now be ⚡️the main liquidity bridge for Units through CrossCurve 👉 https://t.co/fIpUtGE3ApThis means seamless… pic.twitter.com/nPIGv6f12W — Units.Network (@UnitsNetwork) November 6, 2024 Units Network Adds Eywa Protocol as Its…
Former President Donald Trump has sparked fresh debate with his proposal to eliminate capital gains taxes on American-made cryptocurrencies. Trump argues that removing taxes on U.S.-based digital assets like Bitcoin and XRP could boost their everyday use by easing tax burdens on simple transactions. This proposal has stirred up a back-and-forth on the role of digital assets in the U.S. economy, with some seeing it as a way to encourage the use of cryptocurrencies without the tax complications that often deter smaller, daily purchases. The Case Against Capital Gains Taxes on Crypto Trump believes the current tax structure around cryptocurrency…
CUDOS integration could significantly reduce AI operational costs. CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance CUDOS’s integration into the ASI Alliance could decentralize AI infrastructure and enhance efficiency. The merger is contingent on community approval, with detailed terms and conversion ratios set. The Artificial Superintelligence (ASI) Alliance, a collaborative initiative established by Fetch.ai, SingularityNET, and Ocean Protocol, may soon welcome CUDOS, a decentralized cloud computing platform, as its new member, as shared by the Alliance today. Subject to community approval, the potential addition aims to boost the Alliance’s computing capabilities, the Alliance stated. Humayun…
Brad Garlinghouse, CEO of Ripple, has outlined what he believes should be part of President Donald Trump’s first 100-day agenda for crypto. Trump’s victory in the 2024 U.S. election has offered not just a pro-crypto president, but also the most pro-crypto lawmakers in the House and Senate. With crypto in celebratory mood as Bitcoin (BTC) leads prices higher, the overall sentiment is that this is only the beginning of what’s bullish for the industry. However, among the top priorities for the sector is the push for regulatory clarity. In his congratulatory message to Trump, Ripple CEO Brad Garlinghouse outlined what…
The VanarChain ecosystem has announced the integration of Ordify, a high-performance launchpad platform renowned for its 100% success rate in project launches. This collaboration aims to bolster VanarChain’s offerings by providing projects within its ecosystem with enhanced tools for fundraising, token distribution, and cross-chain interoperability. Adding Ordify reflects VanarChain’s commitment to growing its ecosystem, which includes over 100 innovative projects across various sectors. 📢 NEW ADOPTION ALERT 📢We’re welcoming @OrdifyWorld to the @VanarChain ecosystem! Ordify, a high-performance launchpad with a 100% success rate, elevates fundraising with tools like the ORFY Bridge and ORFY Wallet, streamlining token distribution and asset management…
Bitcoin ($BTC) is currently exhibiting a triangle bearish continuation pattern, with a target set at $71,200. As the cryptocurrency attempts to break out to the upside, some analysts, like technical expert Gert van Lagen, are questioning whether this movement is a potential fake-out. $BTC [15m] is showing a triangle bearish continuation pattern targeting $71.2k, which tries to break out to the upside at the moment ~ fake-out?A lot of late longs will be liquidated at $71.6k as per the Binance liquidation heatmap.Invalidation: break above B at $73k pic.twitter.com/g37t325J9M — Gert van Lagen (@GertvanLagen) October 30, 2024 Late Long Positions at…
The TRON Super Representative Council has put forward a new proposal(Proposal 94) to raise the network’s energy cap to 150 billion. This marks a 20% adjustment following the previous increase to 120 billion. The new proposal is made to improve the TRX staking rewards by generating more energy which will help reduce network fees on the TRON network. If approved, the change is expected to take effect by Friday(13th September 2024) at the latest. The Tron Super Representative Council has proposed raising the energy cap to 150 billion. This is another adjustment following the previous increase to 120 billion, aimed…