Author: NBTC
(Author’s note: In this Take, I offer an interpretation of recent events in Guatemala through the lens of someone on the ground in the country.) On November 10, the X account for El Salvador’s Bitcoin Office posted the following meme: The meme that spread like wildfire in Guatemala. It seemed harmless enough. I know I didn’t think too much about it when I came across it. I remember laughing when I saw it and then just going about my day. However, a week ago, a colleague of mine, a prominent Guatemalan Bitcoiner, shared with me that the meme went viral…
XRP Ledger is all about efficiency, but there is more to it than that. It also has a unique mechanism called XRP burning. Every transaction, including those that involve Ripple’s upcoming stablecoin RLUSD, incurs a small fee in XRP. This fee is not put back into the system; it is permanently removed from circulation. While it is a pretty minor process – usually only around 0.00001 XRP – it does have broader implications for how the network is designed and how stable it is. The system is not set in stone. As a general rule, fees stay low, but during…
In an eye-opening case, Recently Kim Nam-guk, a former lawmaker from South Korea’s Democratic Party is accused of hiding his crypto wealth. Prosecutors have requested to the Seoul Southern District Court a six-month prison sentence for Kim on charges of intentionally hiding a large sum of cryptocurrency in his asset declarations to the National Assembly, which he is legally required to submit. The case shows South Korea’s zero tolerance for defaulters in crypto tax-related cases. The case is heating a crypto tax debate and how to tackle such cases in the current scenario where crypto assets are seen as a…
The distinction between AI hype and its actual applications in trading lies in the fact that much of what is marketed as AI is simply machine learning, a tool already used by financial firms for decades. Increased computing power has allowed smaller firms and individual traders to leverage data more effectively. As trading changes, liquidity providers, risk management strategies, and instruments like gold and cryptocurrency are becoming increasingly important. At the Finance Magnates London Summit 2024, Elina Pedersen, Chief Revenue Officer at Your Bourse, shared her perspectives with Yam Yehoshua, Editor-in-Chief, Finance Magnates, on key trends shaping the trading landscape.…
PoP Planet has announced an exciting partnership with DeTrip. It is a groundbreaking development for crypto and travel enthusiasts. Through this advancement, PoP Planet solidifies its commitment to innovation in the decentralized ecosystem. The partnership coincides with the launch of PoPP Dapp 3.0. The updated Dapp is now live and ready to deliver enhanced functionality for users worldwide. 🚀 Partnership Announcement 🚀📣PoPP is thrilled to announce a partnership with @detrip_travel!PoPP Dapp 3.0 is Now Live!👉https://t.co/WwYXl7Ww0L🐧@detrip_travel offers access to over 2.4 million hotels worldwide and supports payments in 160+ cryptocurrencies.➡️ Book… pic.twitter.com/dLqacvanX0 — PoP Planet | Fanatic Recruitment🔥 (@Hi_PoPPOfficial) December 19,…
Bitcoin surpassed the long-awaited $100,000 milestone on Thursday morning, hitting an all-time high of $103,900 during US trading hours, according to CoinGecko data. The historic climb followed brief concerns earlier in the day when a large amount of Bitcoin was transferred to exchanges, sparking fears of an impending sell-off. But those concerns were short-lived as Bitcoin quickly surged past the six-figure mark. Market analysts suggest that Bitcoin’s price is unlikely to drop below $100,000 in the short term, citing strong buy demand. “The order book shows strong support at $100,000 with over 4,600 BTC in buy orders,” said BRN analyst…
Avalanche has launched its new update Avalanche9000, after raising 250 million dollars from the private sale of locked-token. Leading the funding were Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche and the Avalanche9000 update: the novità The price of AVAX Avalanche: the 250 million dollar fundraising and the launch of the Avalanche9000 update Avalanche announced that it raised 250 million dollars from a private sale of locked-token, led by Galaxy Digital, Dragonfly, and ParaFi Capital. From here, the crypto company then launched its Avalanche9000 update. Avalanche announces a…
Crypto market freefall causes Ripple withdrawal delays on Bithumb. One of the major cryptocurrency exchanges in South Korea, Bithumb, has formally announced that withdrawals of XRP are taking longer than planned because of an unexpected spike in transaction volume. In an official announcement, the exchange said: “Due to the increase in Ripple (XRP) withdrawal volume, it is temporarily taking time for the withdrawal to complete.” To address this issue, Bithumb explained that withdrawals are being processed on a first-come, first-served basis while it attempts to fix the problem. Additionally, the exchange promised users that regular operations would soon return and…
Flamingo has opened testing for its updated on-chain limit order solution, OrderBook+ 2.0. OrderBook+ 2.0 provides a CEX-like trading experience, offering limit and market orders while remaining completely on-chain. After its MainNet release, all swap functionality on Flamingo will be routed through the orderbook, unifying liquidity and trade execution, and allowing GAS costs to be better optimized. Participants can access the testing environment through the Flamingo test frontend, with TestNet tokens available by request in the #testnet-funds channel of the Flamingo Discord. OrderBook+ 2.0 Test Version (Source: Flamingo) These tokens, varying quantities of FLM, fUSDT, fWBTC, and GAS, can be…
Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we’re just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning. This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here’s why I think $100K Bitcoin is just the tip of the iceberg: Trump hasn’t taken office yet. The next couple years, especially his first year, will…