Author: NBTC

Furthermore, with the victory, Lula would receive the support needed to push a plan to tax stablecoin transactions, a measure reportedly abandoned due to its divisiveness as Lula and his party switched into election mode. In opposition, it is unclear which direction Bolsonaro’s crypto policies would take, as there are no records of him referring to cryptocurrency. Nonetheless, reports indicate that Bolsonaro acted in defense of former partners of Glaidson Acácio dos Santos, the “Bitcoin Pharaoh,” who masterminded a crypto investment pyramid scheme that moved $7 billion and affected over 100K customers. Bolsonaro asked for the dismissal of criminal charges…

SBI stablecoin test focuses on tourist QR payments The official announcement says the companies are studying a practical checkout flow instead of limiting the project to blockchain transfers between test wallets. NICE contributes its existing payment infrastructure and merchant operations, while DSRV examines the blockchain architecture needed to support the settlement process. SBI DigiTrust handles the Japanese regulatory, financial and digital-asset side of the project. The SBI Group company said its role includes designing the payment structure while considering cooperation with other SBI businesses. From the Korean side, NICE said the companies signed their three-way memorandum at its Seoul headquarters…

The metric represents how much Bitcoin is active in the market. When the supply falls significantly, it suggests that fewer Bitcoin are being moved from their wallets. Typically, when there’s a decline to this level over a 12-month period, it alludes to a strong willingness among investors to hold. The same is often driven by expectations of a rally in the near to long term. Source: Alphractal Now, while this doesn’t confirm a bottom for Bitcoin, other factors did seem to hint at a gradual shift in market dynamics. Bitcoin’s exchange reserves, according to CryptoQuant, fell after reaching a local…

$ETH has also broken its downtrend against $BTC, bouncing from a low of 0.019 $ETH per $BTC in April. In the past week, $ETH expanded to 0.032 $BTC, after drawing more attention and offering more dynamic trading compared to $BTC. $ETH shows signs of selling pressure on Binance Recent analysis on Binance shows trader positioning is starting to veer away from price action. On October 5, $ETH traded at $2,721.83, recovering from a recent dip to $2,660. Despite this, the positioning of traders on Binance is shifting. Recent trading analysis showed Ethereum cumulative net taker volume (CVD) for selling turned…

The original 1,232-byte limit responded to the blockchain’s initial network architecture, designed so that transactions fit within the minimum IPv6 MTU after discounting network overhead. The subsequent adoption of QUIC eliminated that technical restriction and allowed the SIMD-0296 proposal to set the new ceiling of 4,096 bytes without compromising protocol stability. Solana Looks Beyond the Numbers: ZK and Rollups at Stake Anatoly Yakovenko, co-founder of Solana, addressed one of the most significant use cases the upgrade enables: moving data atomically across two ZK roots in a single transaction. He also noted that rollups built on the network could become viable…

An undisclosed financial history The Division alleges that none of this background appears in IVT’s public materials, leaving investors without information about the person soliciting their money. Regulators say Maxon has been a lien debtor for roughly $15,000 since 2005, that at least five people have publicly complained they were scammed by two of his consumer cash businesses, and that he was evicted and declared a judgment debtor in 2022 and 2023 for about $300,000 in New York and at least $553,500 in Arizona. Restitution and a permanent halt The Commission is seeking a permanent cease and desist, restitution to…

Despite the spike in ETF inflows, CryptoQuant remained cautious about Bitcoin’s rally, citing weaker spot demand and heavy short covering as $83,000 emerges as a key bull market threshold. BlackRock’s IBIT draws $454 million in a day BlackRock’s iShares Bitcoin Trust (IBIT), the largest US spot Bitcoin ETF by net assets, led Thursday’s buying with $454 million in inflows, accounting for about 62% of the total, according to Farside Investors data. While total spot Bitcoin ETF inflows reached their highest level since January, IBIT alone drew a larger $503 million inflow as recently as Aug. 20. Daily US spot Bitcoin…

Tom Lee Expects Ethereum to Set a New High Lee said he expects Ethereum price to break its previous record and move above $5,000 before the end of the year. When asked whether Ethereum could reach a new all-time high this year, Lee said, “absolutely.” He also said Ethereum could reach around $60,000 within a few years. His estimate is based partly on Ethereum’s previous price cycles. Ethereum rose from below $100 at the end of 2018 to nearly $4,900 in 2021. Lee said a similar large move following a long period of consolidation could push $ETH to $60,000. “Could…

Market Pulse The overall ETF market is experiencing mixed dynamics as investors reassess their strategies. Notably, the interest in traditional ETFs remains strong, particularly those focused on long-duration bonds. Meanwhile, the crypto market continues to show signs of institutional interest, further amplified by discussions on potential M&A involving crypto ETFs. This evolving landscape indicates a potential shift in how investors view and engage with ETF products. Exchange-Traded Funds (ETFs) are investment vehicles that allow investors to buy a collection of assets, often tracking specific indexes or sectors. The ETF market has seen significant growth, especially with the increasing interest in…

Instead of relying entirely on a private team, the goal is to make important actions controlled by predefined blockchain rules. How the MT Agent Fits Into the Process MemeToro’s AI agent is designed to find emerging trends across news, social media, and online communities. It then creates a proposed meme concept and prepares information that can be reviewed before launch. The public development pipeline adds another layer. It can collect evidence links, apply risk checks, and produce a structured launch manifest. A launch manifest works like a rule sheet for a proposed token. It can contain information about supply, funding,…