Author: NBTC

Cardano founder Charles Hoskinson humorously suggests Intel is dead following a supposed bullish call from CNBC Mad Money host Jim Cramer. After several famous wrong calls, including about Bear Stearns over a decade ago as well as Silicon Valley Bank and Signature Bank in the past year, CNBC’s Mad Money show host Jim Cramer has become a meme on X as critics believe he is wrong all the time. A problem with this infamy, however, is that his words can often be taken out of context for the sake of sensationalism, with critics quick to take the piss. Cardano founder…

Ripple’s long-anticipated stablecoin, Ripple USD (RLUSD), may face delays but could still launch before the end of 2024, according to a report by The Block. Ripple CTO David Schwartz shared his optimism about meeting the year-end target during a speech at The Block’s Emergence conference in Prague on Friday. “I’m still hopeful that we’ll launch by the end of the year,” Schwartz said, while noting that holiday schedules might create challenges for Ripple’s partners. The company announced its stablecoin initiative in April, planning initial launches on XRP Ledger and Ethereum. After beginning testing in August, Ripple secured partnerships with exchanges…

In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing despite widespread regulatory changes both internationally and in mainland China. Now, Hong Kong remains one of the more crypto-friendly cities, even as 51 nations have already banned cryptocurrencies. Hong Kong strengthens crypto regulations despite restrictions According to the People’s Bank of China, Hong Kong has made significant advancements in its regulation and licensing procedures. This progress comes despite mainland China’s continued restrictions on crypto trading and recent regulatory changes to the international framework for crypto assets introduced…

Crypto.com has inked a major deal with Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates. The crypto exchange revealed the collaboration via a press release on December 30, indicating it had entered into a memorandum of understanding with the bank. Per the Crypto.com announcement, the MoU with the Dubai Islamic Bank is a milestone that will see the crypto company expand its products and services to more users in the UAE. Notably, the expansion effort will tap into the DIB’s traction as a global pioneer in Islamic finance. Why does this partnership matter? Crypto.com plans to…

2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked (and equally highly “smartphonized”) population and merchants with payment solutions. Companies like TymeBank, Moniepoint, and Opay have made hundreds of millions of dollars by creating and maintaining payment mobile apps and ground touchpoints. In conditions where banks are absent—80% of Africans don’t have bank cards—digital money solutions are filling the void, and cryptocurrency is one of the factors shaping the…

The leading cryptocurrency Bitcoin (BTC) is trading within a certain range after its correction. While investors eagerly await the $100,000, the expiration date for option contracts in the crypto market has arrived today, as it does every Friday. These options are of greater importance because they fall on the last Friday of November. As investors wonder if there will be a big move to $100,000 after the decline. So how will the last options of November affect the cryptocurrency market? According to the news of Singapore-based crypto options data platform Greeks.live, 98,000 Bitcoin and 412,000 Ethereum options will expire on…

DuckChain’s goal of enabling decentralized apps within the Telegram ecosystem is supported by the $5 million investment from Oak Grove Ventures. Oak Grove Ventures has publicly disclosed a $5 million investment in DuckChain, an innovative blockchain platform that utilizes TON-based EVM solutions. Several well-known companies, including dao5, Tandem by Offchain Labs, Kenetic Capital, DWF Ventures, Skyland Ventures, and angel investors from leading projects like Camelot and Quantstamp, also contributed to this fundraising round. We’re thrilled to announce our investment in @Duck_Chain, a groundbreaking #blockchain platform leveraging #TON-based EVM solutions to integrate seamlessly with Telegram’s ecosystem.By joining DuckChain’s $5M funding round,…

Among the numerous coin launches this week, two on Solana and one on Base have captured notable attention. PRAWN leads with a $25 million market cap and 92,000 daily transactions. CHAOS sustains a $16 million valuation despite recent volatility. Meanwhile, TETSUO has gained momentum with 12,000 holders and $5.8 million in daily volume. All three coins demonstrate promising growth potential based on technical indicators. Pepe The King Prawn (PRAWN) PRAWN, a recently launched Solana-based meme coin, has quickly gained traction in the cryptocurrency market, achieving a $25 million market capitalization in less than 48 hours. The coin has demonstrated remarkable…

Saturday, December 28, the budget law of Italy for 2025 was definitively approved. This is an important law also for Italians who own cryptocurrencies, because it contains an article specifically dedicated to the taxation of crypto capital gains. The crypto taxation in Italy: the new budget law The increase in crypto taxation The elimination of the exemption threshold Revaluation at 18% The reactions The crypto taxation in Italy: the new budget law Article 43 of bill 1330 definitively approved by the Senate sets the substitute tax rate on capital gains and other miscellaneous income at 26 percent. This article is…

As the bankrupt crypto exchange FTX prepares to repay its creditors, analysts are predicting the fund distribution will kick start a bullish cycle in 2025. FTX’s Chapter 11 reorganization plan will become effective on January 3, and the initial payment is expected to occur within the next 60 days. According to some analysts, the move will potentially inject around $16 billion into the market. Can FTX Repayments Usher in a Bull Run? With the upcoming FTX repayments in Q1, billions in fresh capital returning to traders’ hands will likely lead to a rise in investments. FTX said it aims to…